Senior leadership at OYO USA, all of my Blind predictions were 100% accurate. I think all furloughed BDMs (80% of US workforce) will be laid off and offered “freelance business development associafe” gigs. This is rolling out in europe today. Scammmmmm.
What's OYO?
cheap knockoff of airbnb. one difference that they own properties. I wonder why India has not been in news for copying IP.
Is Oyo the only big startup out of India?
Name a successful US startup and there’s an Indian equivalent for local market. If by “big” you mean ones going international, there aren’t many. Only a few like Zomato come to mind. Our big tech export is labor and billing hours.
How’s the company doing overall? (inc India) given travel ain’t gonna take off anytime soon
I interviewed with OYO and saw through them (outside of underdeveloped countries). Ran into a former coworker a few months later who didn't see it and basically complained the entire time. Not surprising at all.
who are they retaining in Oyo USA? Who's the remaining 20% crowd?
Lmao oyo was the biggest fraud to happen to us since Madeoff. Ritesh is total moron. No vision. No good advisors. No good lawyers. No good business model. Best of all the shittiest of shit hotels across America. When son was forced out OYO was forced to pull everything. 5 months there will be a zero oyo footprint here. Any bettors? Any takers?
What were your predictions?
About the layoffs, furloughs, ESOP, etc. I’m very close to intersection of OYO and Soft Bank, where all the decisions are made