T&I AsiaWatch for May 23rd, 2022
Editor’s Note: It’s Time for T&I’s Fourth Cycle (over our 20 years) of Canary In the Coal Mine Meme’s. Cue the Dead Parrot Sketch. Delhivery’s IPO lowers the curtain on VC-backed India IPOs; First Cry is the first out of the box to delay. VC-backed portfolio layoffs hit year 2000 levels. Next Up? GPs folding. Three last week. Profits, losse…