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A dilemma of choices

The startup I was working for shut operations in October 2023, rendering 400+ people jobless. I was part of that, but saw it coming from a mile away. I had already applied for a few companies, received verbal offer from Jio in October, but the offer letter took its sweet time (keep reading for the date). I chilled for a month because I needed a break (and the severance was good), and started looking for a new job from November. After a series of 15+ interview rejections, my confidence was at an all time low. Out of the blue, I get my offer from Jio in late December 2023. It was like a lifesaver because I was jobless for about 3 months at that time. I didn’t stop there, kept interviewing with all the companies that were in pipeline, and suddenly everything started to click. I got offers from- Sprinklr, one other startup about to launch their product, and a shitty startup as well (I was desperate). Sprinklr would have been the logical choice, but due to a family emergency, I had to let go of it since I could not move to Gurgaon (I’m in Mumbai by the way, very close to Jio’s national head office). I joined Jio mid January, and still kept hearing from recruiters. One of them was from Swiggy (rather a company acquired by Swiggy). I’m very close to cracking that (as I’m writing this). There is another great startup (profitable) that I can start and use my Supply Chain Tech experience to do better. And Sprinklr is still an option (spoke to the HR) To tell you why I’m even considering leaving Jio this early on- as a PM, we don’t have access to data, there are no product processes, too much bureaucracy, Product GTM was done without thinking about edge cases and guard-rails. We are just shooting in the dark. Even though my last startup shut down, it was still a very enriching experience, and Jio is miles away from Product thinking. The reason I’m still unsure whether to leave or not is because of the market conditions. Should I stay or quit and run? Help!

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car_guy

Stealth

7 months ago

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Sprinklr

7 months ago

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Sprinklr

7 months ago

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BiryaniEnthu

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7 months ago

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Sprinklr

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BiryaniEnthu

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octy

BYJU'S

7 months ago

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FirmwareFanatic

Intel

7 months ago

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BahadurBilla

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6 months ago

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iJohnWick

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Indian Startups on

by Apes

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Insanity check on leaving 2Cr at 26

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Product Managers on

by SarcasticNinja

Unemployed

Contemplating my decision making

So, i'm on the job hunt again & i spend a good chunk of my day thinking about the decisions i have made. 1. Quit my first job at Digit insurance because the work was super monotonous. Wanted to try something different. 2. Discovered product management, started doing cases, eventually got an internship- Gap of 6 months 3. Did internships at a solar company & Shiprocket, then got a full time APM job at a logistics firm- salary bump of 4X 4. Learned that my mother had complications on her knee surgery, got severely sick & would require constant care. Quit my job to take care of her for 6 months. 5. Explored an idea of mentorship platform, validated with 100+ people but couldn't start due to feasibility problems. Got an offer from Cashkaro next as APM- Gap of 6 months Total gap so far- 18 months 6. Quit cashkaro on may due to very disrespectful culture(created specifically by founders), authority over influence, severe communication gap between tech & product(no standups, no meetings, no updates) 7. Looking for opportunities again- current gap of 3 months already What are your views on this? Anything i could've done better? I'm asking because no matter how hard I try to explain the gaps, the eyebrows are always raised. Getting rejected left & right, 70% of the jobs are secured for tier-1 folks & for the rest, it feels like you have to Ranbir Kapoor in Animal with Arjan vaily playing in the background(just slaughter everyone to go through) Would appreciate your views

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Software Engineers on

by meowww

Stealth

Startup let go Eng team on 1 day notice

It's gonna be long thread. I have been working as lead engineer in a early stage startup since last one year. Founder (20 years exp in Product Management) raised some money from friends & family to start it and but company was running negative from February and he put his money to pay employees salary for March & April and We were hoping for some investment in April but that didn't happen. During May & June, he was looking for funding more aggressively and even after having a good background in academics & top tech work experience in product management, no investor got convinced to invest in it. Our salary for March & April was delayed from actual payroll date by 7 days and 21 days respectively and We were expecting our May salary to be delayed by same period and our company was about to complete one year in first week of July so we had some one year benefits associated as well. But Boom, he invited everyone on call and tells that company will shutting it's operation from next day itself. And he will help us find our new jobs and he doesn't any clarity on pending salary. Although we knew, our company is not in good shape so salary cut or something might be happening soon but didn't expect this. Now, we have to find other jobs and also be unemployed while searching for job and also get exploited by other companies because we will be desperate to find jobs to pay our bills. I think, he did this just before 5-6 days of our one year anniversary just because he doesn't get legally bound to pay our one year benefits. I for sure, not gonna join any early stage in future who doesn't have enough funding. Just wanted to put this story out of my mind. Open for any suggestions you have for me Thank you