The outcome was an extravagant valuation that had no connection to fundamentals. Even with its fabricated revenue, eFishery was trading at an EV/Sales ratio of two times. Agri-processors such as Japfa ...
This could have a chilling effect for, conservatively, 12 months, but probably longer,” Justin Hall of Golden Gate Ventures ...
‘Chilling effect': Here's what an Indonesian startup scandal means for the region's struggling scene
EFishery's board of directors announced on ... "There were a lot of projections that the consumer market in Southeast Asia will look like a mini China, but that didn't pan out." ...
It has been a short week in most of the markets in Asia with the Lunar New Year holiday. But amid the preparations, tech markets were roiled by revelations that a hitherto under-the-radar Chinese ...
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