Vinay Singhal: WittyFeed rejected a 300 crore all-cash acquisition offer
Vinay Singhal · Depression Struggles, Spirituality & Small-Town Mindset | STAGE's Vinay Singhal on The Neon Show · Aug 4, 2023 · at 13:55
Vinay Singhal is the co-founder of STAGE and former founder of WittyFeed, which was heavily impacted by Facebook platform policy changes.
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“Yes, we rejected an all-cash offer at about 300 crores back in the day.”
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More from Vinay Singhal
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“Our last round, we were valued at 300 crores post money.”
Singhal took over ₹3 crore in loans after WittyFeed collapsed
“I think we took a little north of three crores in total.”
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.”
Singhal: Bus branding is one of STAGE's most effective marketing tools
“So, we actually, in the stage marketing, one of the most effective tools that we have used, is we branding roadways and buses.”