Ashneer Cringe

Here for some gossip about startups

This is totally nuts. The guy isn’t even clear on his idea yet but seeks $100M in valuation

You guys might think I’m joking today. But you will realise someday. He will soon return to Bharatpe for his second act as Steve did for his second act at Apple. Mic drop

Come at me, I'm not scared. There is a reason why FAANG engineers are top-rated VS some random startup engineer. Here are the reasons why I think that Indian Startup culture is pure cringe: 1. The random use of the following emojis- 🚀💰📈📊💡 2. Fake enthusiasm for every little thing - "Wow! 25M people ordered condoms WOWOW!!!🚀" 3. Claim that you are a verb("company name"): "I am a (Zoman, Flipster, Swiggster or whatever)" but no one really knows about it outside of your company. 4. The HR is a proper softie in the name of Employee wellbeing but will end up being a sadist the moment layoffs happen. 5. Think hard if you really want to work in a place that is your LinkedIn feed on Steroids.

Let's examine a snapshot of the Swiggy Engineering VPs' status from three months ago and compare it to their current situation. CTO Dale departed just yesterday. Storefront - Madhu has been promoted to the role of CTO, and we are awaiting the appointment of a new VP. ATS - Ashish is currently serving his notice period. MFP - Piyush has left the company, and Soumya has taken on additional responsibilities. RNG - Nitesh is currently interviewing with other firms. DIP - Soumya is still performing well in their role. DevOps - Anurodh is in charge. Location Intelligence - Pradnya is currently serving her notice period. One potential reason for their departure is the recent devaluation, which has resulted in an unofficial 50% reduction in the value of the ESOPs. Given the minimal salary increases, unless prompt action is taken by the remaining leadership, this ship will inevitably sink! PS The engineers at Swiggy are aware of the alternative interpretation of SOS.

Recently, the founder of Apna appeared on Rajshamani's podcast, boasting about his entrepreneurial journey and the success of his startup. However, his portrayal of Apna as a revolutionary product is misleading. https://themorningcontext.com/internet/all-is-not-well-at-apna Here's a brutal takedown of him https://x.com/ravihanda/status/1730453950485401872 Despite his claims, the company is currently laying off employees, experiencing stagnant revenue growth, and facing significant financial losses. The founder, who has spent most of his life in the US, now presents himself as a champion for Bharat (India), but the reality is starkly different from the image he tries to project. His attempts to appear as if he has everything figured out contrast sharply with the company's troubling financial situation and operational challenges. The podcast feels fully paid but is not revealed which is illegal. https://www.youtube.com/watch?v=cq-Ajgs2oec&t=1s&ab_channel=RajShamani