I agree to your analysis of India the underserved market as far as travel & tour... | Hacker News

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		achow on Nov 15, 2019 \| parent \| context \| favorite \| on: Oyo's business model is looking a lot like WeWork'... I agree to your analysis of India the underserved market as far as travel & tourism for middle class is concerned. This would have been all good if the focus was only for that market, but the $10Billion valuation I'm sure is not because of India focus.. it is for claiming to be 2nd or 3rd largest owner of hotel rooms in the world - the problem is there. Without solving fully by hyper focusing on one problem/segment/market, it decided to conquer the world because of $$ at disposal.

madamelic on Nov 15, 2019 [–]

>it decided to conquer the world because of $$ at disposal.

Injecting $ in to a donkey in the hopes it will become a unicorn.

Not all growth is good, some growth is cancer... and it sounds like OYO is basically stage 3.

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