Why you will never see or hear about actual money makers in the market

Top 20 companies make 80% of the entire country's profit. The most profitable HDFC takes 9%. It doubles itself every 3.5yrs and has made 70x in last 20yrs. Asian paint has made 10x in 10 yrs yet people won't know the CEO. Need to talk about the right ones and not who is in the news. The ones who are making profit are laser focused, not visible. They might be living in the same society but you won't know.

I have been following the Indian startup scene for a while now, and I have to say that I am not impressed. It seems like most of the startups here are nothing more than people chasing quick bucks and the entire scene is a circlejerk of people doing everything, attending these stupid conferences and gatherings than actually building something game-changing. Every founder is chasing nothing more than a valuation just so they can exit and there’s nothing wrong with it but don’t sit on a moral high ground talking about building business etc. There’s a reason we don’t see startups here penetrating west because most of the founders in the Indian ecosystem reek of ego and it’s all because we don’t judge business on merit but based on the degree the founders have. We all can count stupid startups draining money all because they are from some IIT or IIM or now some fancy degree from Ivy and yes it takes effort and hard work to reach there. Still, it automatically doesn’t translate to you naturally being better than a guy working his ass off to make up that difference. Also, just because you used your dad’s money to start a 'Venture Firm or be an angel investor after college doesn’t mean you’re an expert at everything. You’re just adding to the noise and the hype that is already too much in this space. You’re not helping anyone but yourself and your ego. So a friendly reminder can we all actually focus on building things based on hard work and merit instead of glorifying this circlejerk. Can we stop being obsessed with funding rounds and valuations and start being obsessed with solving real problems and creating value for customers and society? Can we stop being influenced by the media and the hype and start being influenced by the data and the feedback? Can we stop being part of the problem and start being part of the solution?

Saw this on Twitter today. Tech Mahindra hiring graduates for 3.25 LPA and 24*7 Shift timing. I talked to various people to get an idea of their pay. A) A plumber lives near my house. He said he earns 2-3k daily and works for 20-25 days average. He earns 50-60k per month. B) Electrician earns in the same range. And other technicians and workers like this who are skilled earn a lot more than a software engineer. This is the hard reality. Students study for 16 years and pay 15-20 lacs college fees for this.

Hi folks, I have freelanced on upwork earlier and maximum reached $20/hour in development gigs but got burned out by constant pressure of rebidding once the current project gets over. The profile is still 5 star rated but getting full time job through these freelancing platform require lots of marketing and bidding and it’s difficult with day job. However recently I have seem trend where there are some genuine folks such as harkirat who are upping the game by earning around 5 crore annually through posh remote jobs. Has anyone of you tried pursuing that route by reaching out to founders of early stage startups on twitter/linked in or used freelancing portals such as upwork to get full time gigs which pays more than $100k remotely. If yes please share some guidance. My stack: Mern /java full stack dev exp:7 years Video ref: https://youtu.be/8gbLg8MCWqg?si=OBAsoEvJPG3e1mSH

Most startup’s are not founded with great altruistic purpose to elevate human condition. Most startup’s are founded where founders know they can make money or earn status points through little schemes of leveraging their network of investors. Most of them know they can earn more income by just raising some money from friends or VCs. Build a small tech tool and burn through money trying to acquire and retain customers. All this while hiring 100s of employees selling false narratives. What bugs me the most isn’t the thousands of people getting laid off, salary corrections or bankruptcies, it is the mafiaesque organisation built to “create wealth for some by exploitation of countless others” Most startup founders use brute force of content and media coupled with ignorance of people to perpetuate this cycle. It’s the virtue signalling and holier than thou attitude of most founders and VCs justifying all their mindless brutality in the name of strategy and growth which destroys aspirations and outcomes for the many. It’s more relevant in India because of large scale ignorance about money and large scale trust on educated individuals with the right college tags! If you have seen sopranos, most founders are like Anthony soprano - summarily violent, manipulative and ruthless behaviour primarily driven by selfish greed but juxtaposed with moments of vulnerability and struggle justifying his action with a facade of providing for his family. *Replace Anthony soprano with your founder/ceo name* 1. VSS was playing fast and lose with rbi regulations resulting in stock crash and layoffs 2. Byju’s systematically destroyed his own company and wealth of his employees just to ensure he retains majority control 3. Ashneer G and his wife manipulated company books 4. Zerodha founders cheated in chess match or lied about their system failures which lost a lot of capital PS: I refer to most founders because there are few exceptions who don’t fit into this narrative.

I definitely should earn 53LPA!

dfaq, funding winter over allready? what did they find worth investing in this "irritating scammer" venture ?? source https://www.forbesindia.com/article/storyboard18/nikhil-kamath-invests-in-sharan-hegdes-the-1-club/89313/1

Just curious to understand others perspectives.

Just trying to understand which influencer do you love and why? Could be an artist/entertainer/knowledge influencer on any social media platform.

I am noticing a lot of fancy "tech" startups going to IPOs with a gigantic valuation but with minimal profits getting a lot of attention in mainstream media. What are those companies pulling in huge bucks and are not that famous?