Oyo Rooms: Another SoftBank Disaster?
Oyo, a SoftBank funded budget hotel platform, has been rapidly scaling back operations and conducting layoffs over the past few weeks. Alex and Nick highlight the some of the ways Oyo has run afoul with setting platform rules and standards and discuss how blitz scaling a platform doesn’t necessarily build a sustainable business model.
Oyo Scales Back as SoftBank-Funded Companies Retreat: www.nytimes.com/2020/01/13/technology/oyo-hotel-india-softbank.html
modest proposal on Twitter: twitter.com/modestproposal1/status/1216927673571860485
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