In this week’s episode of the StrictlyVC Download podcast, veteran VC Aileen Lee was direct about a major consequence of the recent boom-and-bust cycle: many companies stuck in limbo aren’t just struggling to regain their footing after raising too much money at unsustainable valuations; they’ve also lost the champions who once backed them. Lee was […]
The X exodus that wasn’t
Over on Threads, the talk of an X “exodus” is blowing up. Anecdotally, at least, people report seeing an influx of new users and other online friends leaving Elon Musk’s X to join Meta’s Threads, with some even deactivating their X account in the process. But while users’ timelines filled with this chatter and various […]
Macquarie cuts Paytm target on ‘serious risk of exodus of customers’
Macquarie dramatically cut its 12-month price target on One97 Communications, the parent company of digital payments firm Paytm, citing risks of customers leaving the platform in the wake of heightened regulatory scrutiny. Macquarie, which famously predicted the slump at Paytm before the listing, lowered its target to 275 rupees (down 57.7% from its previous target of […]