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Bootlicking Ministers : The new way to succeed by Indian Startup Founders

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AITookMyJob

Startup

a year ago

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Baingan

Student

a year ago

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MicahBell

Startup

a year ago

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Indian Startups on

by Edweird_slowhen

Journalist

Vanity Founders of Indian startups.

As a vanity Indian founder of a startup, you have overcome certain very complicated social issues to reach here. While this is important, founders also engage in mindless hedonistic activities while all throughout claiming the company in loss or market crash. 1. I engage in individual interests selflessly while the employee might have to go through a pay cut or salary hold up. For ex: Founders minting expensive tickets for horse polo or football finals abroad, the same month employees were laid off. 2. I engage Celebrity Warlords and build fancy academies to bring stardom while mercilessly laying off people and trampling over their familial relations. Throughout I ensure through PR that my company forecasts are always on top. 3. I maintain a fancy following in the office who sings Bhajans on me and my life and stories. For ex: They prefer passouts from small towns or Tier 2- 3 colleges so they accept without questions. 4. I need a hot female in the office who can help compensate for my emasculated and punctured ego. For ex: this lady will get hikes and unconditional promotion in a year or so. 5. I hire more than I can afford so this is my way of buffering and validating my own immature decisions. This way I don't lose out on supposed opportunities but I ensure that my company always looks buoyant and alive. 6. I don't believe in any political correctness but if the business needs it I will engage people to write for my company as promoting ideas and ideologies superfluously. 7. I want my organisation to be a vanity circus rather than for hiring quality folks. I market as hiring for diversity but this is just the PR stunt.

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Indian Startups on

by Kamlesh

Stealth

Disingenuous behaviour in startup ecosystem

Something I've found very frustrating while pitching to investors, platforms and funds is that so many of them actually just bait and switch. They pose like gyani people earnestly looking for investments or helping entrepreneurs, but when you speak to them they start selling you their services. Fundraise is apparently just a step away, need to signup here first, or create xyz report first, or do outreach to xyz number of people, or do market research and fresh pitch deck creation, or hire xyz consultant/agency to get to the "next level" - basically a bunch of barriers you need to pay to clear despite having a profitable business with paying customers. Fact of the matter is there are plenty of people raising money based off of pitch decks with no MVP , or even just the right conversations with the right people. But they are rare and hard to find organically. Requires lots of networking and connecting dots over months and years. The point is, this selling in the guise of securing investment is tiresome and a waste of time for most entrepreneurs. They probably do get a few suckers occasionally which helps them stay afloat I guess. Some of them might even take your ideas and start building something of their own or back someone to build it under them. Once you start pitching, the deck starts floating around in VC groups and networks mostly beyond the reach of the average entrepreneur. Considering all this, just keeping one's head down and bootstrapping forever in peace seems like a better approach.