Professor Anindya Ghose shares his perspective on the sale of Indian e-commerce firm Shopclues
— November 1, 2019
Excerpt from Quartz India -- "The Shopclues sale, in comparison, reportedly came at a throwaway price: between $50 million and $80 million, according to TechCrunch. That’s just over 7% of the company’s peak valuation of $1.1 billion around three years ago. This valuation meltdown for Shopclues is 'one of the biggest in India’s startup history,' according to Anindya Ghose, a professor of technology, operations, and statistics at New York University’s (NYU) Stern School."