Can Paytm make every cent of its $1 billion funding round really count?
Kartik Hosanagar of the Wharton School said that Vijay Shekhar Sharma, founder of India’s fintech company Paytm, “likely has low equity holding on a percentage basis. But the company’s valuation is very high so his stake in Paytm is still worth a lot on paper.”
・ From Quartz India