Now we have this week lined layoffs in each unicorns within the vision fund and out, This afternoon we added two extra to our record: Oyo and Rappi,

The downsizing is stunning – and never. You’re stunning when Oyo (Low cost hotels in India) and Rappi (E-commerce with a focus on Latin America) have been bright lights within the the crown of the vision fund, And the layoffs are Not Surprisingly, as different well-known unicorns have just lately lower workers to chop prices, lower losses, and enhance profitability.

Our web shock-free nature is underlined by the Imaginative and prescient Fund itself, which signaled on the finish of final yr that portfolio firms needed this become profitable and become public, The cuts are due to this fact not stunning; we should always have anticipated them.

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