The Ledger
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Shaan Puri: New offshore staffing startups will fail against established incumbents
“All the competitors, all the companies that are like doing this, like the companies are starting now, I think are having a tough time or a much tougher time. It's not really going to work out in the long run, but the ones that have been doing this for like fou…”
An offshore staffing competitor recently raised at a $300 million valuation
“One of your competitors just raised money at a three hundred million dollar valuation. I think it was hundreds of millions. And they showed how much revenue they added in the last 12 months. And it was jaw dropping. It was insane.”