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Summer is coming!

Hello everyone, this is Blue Panda. I recently joined Grapevine see lot of folks disappointed with current economic condition and also see lot of folks saying it will stay like this. Good news - I already have started seeing winter fading and we should be back to good times sooner. Lets spread some positive energies around us. I see startups fixing their issues, VCs being more sane while deploying capital. India macro story already playing out. Govt doing better policy making etc. This has already starting to show in business returns when i analyse companies across listed corporates, SMEs and startups Though what will not change in the next bull run as well is the capitalist nature of our world wherein maximising equity return is the key goal of most leaders. I get a chance to spend time with folks who have accumulated massive wealth and none of them have done it through their regular pay cheques but equity. If you are ambitious want to create wealth make sure you get sweat equity commensurate to efforts you putting in. Thats the best way to grow! Few options below - Join a startup negotiate a good ESOP deal - Startup yourself and be the founder - Start a side hustle. Equity trading, Insurance distribution, blog subscription/influencer, goods trading, educational content etc depending upon your past strength - Upskill yourself earn more salary and start taking more equity position in small cap companies (consult an expert and dont do it randomly) You can follow me for regular dose of positivity. Thanks :)

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LegalTimer90

stealtg

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BluePanda

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LegalTimer90

stealtg

a year ago

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a year ago

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PSA: What 8 years in startups have taught me

I've been in startups for the last 8 years. From Series B/C onwards to even a unicorn, over time worked at 3. One of them was an outright scam, raised many millions of $s from top investors, and then ultimately died. Also close with CXOs at decent sized startups, and there is a pattern out there. A few thoughts: 1. Being a startup founder is tough. There's pain. Some people thrive in pain. AKA Masochists. Know how to spot a founder who works 15 hours a day because they love their vision vs. somebody who works 15 hours a day because they're masochists. These people thrive in pain, and hence love to see you miserable as you slog away the hours under their leadership. There is absolutely no vision for the future that they have. They do it for the fame, money, and cause a lot of pain in the process. Nothing good comes out of it. Investors love this breed. 2. I wish I'd done more than just leave the scammy startup. At the point, I decided against whistleblowing. Because I thought there's so many people employed here, they would all be impacted. Over time, 200-300 people more joined after I left. Once the scam was caught, all of them lost their jobs. 3. I'm not a coder. I'm a generalist. Over time, my pay grew but not in line with my peers who went into consulting/VC and then came back to big tech/startups. Over time, you disadvantage yourself if you stick around as a generalist in startups for too long. The next team pays you at some premium over the last one, there's no step jump. You need to somehow find a successful startup early, and genuinely, that is impossible to game - even VCs have to bet on 20 to get it right. These are a few disjointed thoughts. I hope they give some insight. My only takeaways: - If you work at a scammy startup, don't stand it. At least, don't stick around. - I earn lesser than my peers (tier 1 undergrad), but I regret nothing. I love my work, and I'll never get over the kick. I cannot imagine working at a larger company ever again. - Ultimately, you have to be optimistic. Believe that India will grow, good founders will come around, magic will happen ❤️