Knowledge Partners

 Economic Laws Practice       Avalon Consulting

 Technloogy Holdings   

March 14, 2016

More Free Advice for TinyOwl: Now, on Areas Where It Should Have Kept its Eyes Open Wider

There's more free advice in the air for TinyOwl. Business Standard has an article listing the "6 Mistakes" of the troubled food delivery start-up TinyOwl.

The six mistakes, according to BS,  included "firing 300 employees after over-hiring (in Sep15)"; making more lay-off close to Diwali; in-effective pivots; a (costly) CTO hire and closing the Homemade division (that was doing relatively well).

The BS article has led to TinyOwl trending again on Twitter - including on its non-auspicious choice of name, VC bashing and even a NDA vs. UPA angle.

Venture Intelligence is India's longest serving provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India. Click Here to Sign Up for the FREE Weekly Edition of the Deal Digest: India's First & Most Exhaustive Transactions Newsletter.