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Leave 20X. My concern is that some of these can't even retain their valuations (Oyo and Byju are valued below their total funding amounts already).
by ashishb 2y ago
Leave 20X.
My concern is that some of these can't even retain their valuations (Oyo and Byju are valued below their total funding amounts already).
- shehjar 2y agoYou are right and I am simply putting myself in the shoes of the late stage investors. Perhaps they have been sold a story the drives confidence in a 2X return. When the story doesn’t hold up, there isn’t much of a multiples buffer to prevent losing money.