When Valuations Misfire

Why is corporate truth often stranger than fiction, and why do billion-dollar dreams so frequently collapse into billion-dollar nightmares? *When Valuations Misfire* journeys from Wall Street boardrooms to India’s startup corridors, uncovering dramatic stories of companies that soared on hype only to falter under the weight of their own illusions, from Tesla’s puzzling projections to Kingfisher’s glamorous downfall, Paytm’s IPO crash, Byju’s debt-laden struggles, and even the early missteps of Reliance. With sharp storytelling and forensic insight, the book reveals how corporate valuations are often stories in disguise, shaped by ambition, greed, deception, and misplaced faith, ultimately leaving investors and employees to bear the consequences, and challenges readers to question whether, in the relentless chase for the next unicorn, we are mistaking mirages for real markets.