Vinay Singhal
person on 1 show · 10 statements across 1 episodes · said 1 times in 1 episodes since 2023
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10 statements about Vinay Singhal, every show
Singhal: STAGE will calmly evaluate acquisition offers without founder ego
“I'm not saying I'm building it to sell, but I will sit down and I'll consider it calmly and I will not let the ego of me being called being able to call myself a founder and all that.”
STAGE raised ₹15 crore two months after launching subscriptions
“We launched a subscription on April on the stage. The first subscription was changing the air. And the second, the first subscription was changing the air. Before we finished June, I mean, our run was finished. We raised about 15 crores. I mean, round was rais…”
Singhal: WittyFeed was generating ₹40 crore annually before collapse
“And at that young age, having that much of success, it also gets into your head, having access to that amount of 40 crores every year in your hand.”
Singhal: WittyFeed had ₹2 crore monthly payroll when revenue hit zero
“It was zero. It was a flat line. It was literally dead, right? So, and every month it was two crores of payroll.”
Singhal relocated to Noida to escape gossip about WittyFeed's failure
“One of the reasons I shifted from Indoor to Noida was to change the city and change the city and change the city. I have to go from Indoor to Noida.”
Singhal took over ₹3 crore in loans after WittyFeed collapsed
“I think we took a little north of three crores in total.”
Singhal: 54 WittyFeed employees stayed on without salaries during crisis
“The story that we narrated of 54 people staying with us and saying that, no, no, we will not let you die. We will stick by you. We will not take salaries, but we will, you know, we will win.”
Singhal: STAGE was valued at 300 crore INR post-money
“Our last round, we were valued at 300 crores post money.”
Vinay Singhal: WittyFeed rejected a 300 crore all-cash acquisition offer
“Yes, we rejected an all-cash offer at about 300 crores back in the day.”