Tuesday, June 7, 2016

Is OYO Rooms the startup equivalent of a Ponzi Scheme — Part 2: The story of a US$100

According to some journalist friends, OYO’s US$100M funding never happened. Its*PR department sent out an obscurely-worded statement unofficially, and*an unfortunate*scribe fell for the trap and published this planted canard as news * This post is the second part of my earlier question about OYO Rooms – that post evoked a number of reactions with dozens...
The post Is OYO Rooms the startup equivalent of a Ponzi Scheme — Part 2: The story of a US$100M funding by SoftBank that never happened appeared first on e27.


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