Another B2B eCommerce site that is all hype and no business model

I'm typing this out as a way of collecting my thoughts and feeling a bit normal to take myself through the day. Context: I have been working with a small b2b IT firm for the last 1.5 years, and resigned yesterday. This was my first job straight out of MBA and it has sucked the soul out of me to say the least. The notice period is 3 months and I am really unsure how will I survive it considering that I'm already completely drained. I do not want to list out the reasons of how this place has been toxic for me because I also carry a lot of self doubt if it was really the toxicity of the place or my own incapability to handle the work. I do not have any offer in hand, and haven't started a job search either. Just wanted to put this out there to see if people here in the community have been in a similar situation in their professional lives and how did they figure out the uncertainty, was it a good decision for them in retrospect and if they have any tips for me to deal with this better, with less anxiety.

I know Grapevine is full of young and ambitious people that either planning to get into Product or are already working as a PM. I don’t aim to discourage any of you. Moreover, if you need tips to break into Product I would be happy to help you. I personally feel that knowing what you are doing is going to doom is better than normalizing it. So I will convey my experience in simple words, how I hated every single day of it, why did I still stick around for 4 years, why product decisions are random political bullshit, why you should not let anything that happens get under your skin and affect your morale. Finally, few words for sociopathic Head of Products. Lesson #1: Go through all stages of grief at once. Accept that product culture is broken and accept that it will not get better. Finally, you can’t fix it or improve it. Lesson #2: Ratings are political bullshit. I can tell you the years I was rated worse I was probably working harder and better at my job. It just depends on the results you get in the last month before ratings and whether your DOP is vocal for you. Lesson #3: Last piece of advice: do not let your Product years lower your self esteem or sense of self worth. Also, some words for sociopathic Head of Products. F’ you.

I keep hearing issues about quality revenue/corporate governance of B2B commerce companies such as Zetwerk, Bizongo, Ofbusiness, ApnaKlub, etc. Any view?

I was leading a team which was involved in launching BNPL for a commodity product( flight tickets/train tickets), and the API we were using to cancel the tickets at the last moment from the 3rd party providers was flaky. It was supposed to cancel the tickets and provide refund back to minimize any losses we had. It was such a hit feature that led to 250% growth in numbers within a week. I was promoted, the star. My manager was promoted too.. But I knew inside something wasn't correct, BNPL just meant people not paying then but still had to pay sometime and 250% growth was just not something I could digest. I asked the team to switch it off for a couple of days, the whole company esp. Revenue teams were baying for my blood. After a month, there was financial reconciliation, and we realised the API was just giving the response of successful cancellation but was never actually cancelling it. The company lost almost 15 cr / day. No one wanted to believe this at all from top to bottom The company never told the investors we fudged up but instead raised more funding by mentioning the 250% growth. From then on I realised most investors are just watchmen. They want to be on the fast deal more than being on the correct deal. Don't believe anything on the internet that you read. Almost all GMV numbers are cooked.

There is big layoff 50% in reliance retail - jiomart B2B business. Reasons Very poor management, aggressive hiring, creating business that does not exist, downfall of business. Compensation - Asked people to resign & said to serve notice 90 days. No additional support or benefit.

Since I am Done-Zo with Dunzo, AMA anything. Here to spill all the scoop that’s happened.

Does B2B E-commerce have a future in India? No one has been able to crack the business model yet and many big names have scaled back. Does anyone know a profitable company in this segment? How risky it is to join a startup in this space?

How is the work culture at Medibuddy? Asking specifically on the tech and product side of things People who are there or have worked do share your thoughts

Please put an example of why you think so, it will help everyone know the difference of great v good product work.

Note - I am a product manager too 4 out of 5 product managers will act all high and mighty of themselves, bragging their way as if they run everything going on in the company, flaunting their business degrees and being utterly disrespectful towards their team( dev design qa name it), Recently started going to office so the attitude I am seeing is very transparent and more visible (more with the higher experience folks) It makes me wanna leave this hyper inflated role, thinking of I will end up like them scares me, and you have to do is speak out jargons in meetings day in day out and have a English accent of Shashi Tharoor. Recently my manager told that this is a role where you have to very representable or very visible and act in floor as if you are the busiest person on earth and I seriously some PMs in company doing that, they walk so fast in floor as if they will fall off or would be better to have 4 legs.