Tag Archives: The fundraising frenzy that followed the pandemic

The fundraising frenzy that followed the pandemic

Two days after closing a $215 million funding round at a post-money valuation of $2.2 billion, Kunal Shah, founder of Cred, took to Twitter to sound a cautionary note. “Unicorn tag, high valuations are all vanity metrics till the company delivers profits…” he tweeted. Cred, a credit card payments-based rewards marketplace founded barely three years […]