Him on the Podcast with Kamath was a shitball. Clearly calls out his insecurities

Marketing Manager

Software Engineer

Business Bane na Bane, Hum toh chaatu rahenge ;)

Program Manager

Business Bane na Bane, Hum toh chaatu rahenge ;)- Grapevine

MBB also does what they suggest to others.

McKinsey planning layoffs

Senior Consultant

Welcome to Business Roles's Private Community

Aur bhai aaj kitna dhanda hua?

Account Manager

Welcome to Indian Startups's Private Community

*IMPORTANT*

Monday morning and nobody at office. We have no option but to force strict rules now: 

1. If you arrive any later than 9:55 in office, it will be marked as half day leave. 

2. Lunch breaks are supposed to be max 40 mins long. I accept basic courtesy of following this, if not, I’ll tag people on the group. 

3. All leaves requests need to be emailed to me. Without any record on email, we might not be able give a record of how many leaves in each bracket are left for each individual. So don’t expect this data from us, if you don’t email.

Icing on the cake, CEO didn't come to the office

CEO of a YC funded fintech startup

Product Manager

Salesforce Developer

Welcome to Confessions's Private Community

It is fun sometimes but I feel that's 20% off it. There are 99 reasons wherein you feel like giving up daily but somehow you stick along & keep going. The stories we read online or anywhere else of riches are quite few but you feel a complete let down wherein somebody made insane money in 3 years & you are struggling for 5 years+ making some money but not what you imagined.

I run a profitable bootstrapped business for 5+ years & some days are hard coz everybody is hopping on new tech (eg: Crypto, AI) & you might be doing the same old stuff & don't know how to pick yourselves up to learn something new. People are getting funded & making insane money in secondaries, etc. 

Then dealing with bullshit on the internet. Everyone on LinkedIn is successful, putting numbers & gyaan. Some days are overwhelming & you feel being super rich comes with a lot of factors in your favor & tradeoffs as well. Bas, tumhara number aaya nahi hai ya shayad hi aayega. Rant over.

Rant: Entrepreneurship is lonely & exhuasting

I’ve friends who run venture backed startups. And I’ve heard something similar. More power to all the founders who’re trying make a dent someway or the other.  
  
 Hang in there bud 🫡

Systems Architect

Founder

tinder for flat and flatmates, owner put out houses, if you both like each other's profiles then you meet and finalize the house.

[Idea-10] Who would like to build this ?

If I was a flat owner, I wouldn’t care what other person looks like OR has an aura OR blah blah blah until he signs the deed and gets me rent on every 1st. 
  
 I don’t have to like my tenant 🧟‍♂️

Senior Software Engineer

Welcome to Office Gossip's Private Community

Writing on behalf of my friend who was associated with this company

The actor Sonam Kapoor is married into a billionaire family. The husband runs an "ultra premium" clothing brand for elite, which just burns cash since launch but continues to exist.
The parent company funds this brand for it's lavish existence.

Though apparently, It is the best team one can be assigned.
Too many meetings with celebs rather than actual work, top glamour events to attend, internal or client parties every other day, coolest co workers (all young group)

P.S. Outsiders call it Bahane se chal raha brand (iykyk 😂)

CEO's kids pet projects do nothing

Ecommerce platform Dukaan has just laid off 60 people. Sudden move on Monday. 

Is the platform struggling to get users and monetise? so much funding they have.

Dukaan laid off over 60 people

Welcome to Software Engineers's Private Community

The company did around 10-15% silent layoffs in the last cycle by putting people in PIP. 
My Manager told me that he has pressure on him to put at least 1 or 2 people in PIP, make them leave the company and reduce costs.

Later, the company did as low an appraisal as 2%.

Senior folks are leaving specifically Frontend Developers.

Salaries of a lot of SDE-2 are below 30 LPA.

They have started new positions called Product Developers which will do the same work as SDEs but with a lesser package. PD-1 salary is around 10-12 lakhs and of Lead PD is 20-22 lakhs.

The company is putting itself in a position where it wants people to leave on their own.

There are almost zero perks in the company. 
The team outing budget is a joke which is 2k INR per person per year. That is 500 rupees per person per quarter. 

Also making office mandatory from November.

Razorpay is too smart!

Good thing. Anyways their frontend devs and PMs were doing everything on Twitter except tech.

Software Developer

They definitely have great financial sense, negotiation skills and business acumen inculcated in them since early in their life. But saying that's equivalent to an MBA, especially after attending a tier 1 school is nuts !

After MBA Chaiwala and the 10-Day MBA, we have a newfound entrant in the market

Growth Manager

LeetCode is a psyop designed by Big Tech to hire rule-followers who can grind away at pointless tasks

Last 3 years of startups have been all about SaaS. I just don't get it. So far, it was about solving real problems at scale.
First with consumer websites (google etc), then software, then shopping & delivery (amazon swiggy zomato fk etc etc) 

And now, it's all SaaS:
- Imma build a startup to help white businessmen in America do better billing 
- Imma build a 360 degree feedback tool specifically for Norwegian miners 
- Imma build a SaaS software to help HR people note down who isn't dressed properly
- Imma build a software to help hillbillies in the US better manage their trucking company

Like how are smart people in India taking up entrepreneurship to build these ideas that are dull and feel like the end of life? How does anybody become excited by this? 

is it just money? what am I missing?

SaaS: Why are people so attracted to it? (mini rant)

Analyst

Red flag pro max. This is Dharampal Chaudhary - CEO, UpCred.ai

“Founding Intern” + “9AM-6AM” + Peanuts as stipend

I am a new grad working at a big MNC as a Data Analyst. It's extremely beurocratic and slow. We do meets all day and no work, it's as if we are paid for meetings. I was quite excited about it as I though I would be working on interesting ML projects (I find ML and AI quite interesting). But all I have been working on is projects where you try to maintain fucked up legacy stuff. 

I see a way out, startups where I would actually build stuff, use my skills to solve actual problems. Is this perception correct? Will work actually be more interesting and useful in startups?

I am also concerned about the pay? Although I earn a pretty average salary even here, I suspect it might be lower in startups. But I have a gut feeling that I will learn, and grow a lot more working at startups coupled with networking with entrepreneurial people which should result in higher earnings in the long run. Again is this perception correct?

Confused between big corporates and startups

Data Scientist

And the number of accounts are a jungle out there.

The wild goose chase

In the last 3 months, I have appeared for PM interviews for three major startups. After collectively going through 12 interviews (3 of them in person) and 2 assignments - I have nothing to show for. The position just evaporates AFTER the whole process has been done. In one of the cases, HR also collected all the necessary documents like salary slips, appointment letter from current org and the likes and asked me put down my papers over a verbal commitment. Good thing I didn't do that. 

It's so ridiculous that these so called unicorns can't even do one little hiring correctly. And how it's even possible to initiate hiring if they don't even have the clarity on whether they want to hire or not? Idk if it's the consequence of a shitty job market or it's my luck. Just feeling extremely frustrated because there's nothing I can do about it. I clear all the interviews and do the assignments perfectly - what else I can do? 

HRs don't even have the guts to apprise me proactively. They'll just stall releasing of the offer letter for weeks and stop taking your calls. One fine day when they finally decide to spare some of their holy time - it's usually a one line response: Position went on a hold, will let you know. Bye. 

Indian job market is really the worst. Absolutely zero ethics and no value for anyone's time.

Just frustrated by positions going on hold after the final round

What does this d**k think of himself.

The person running a Business is literally begging.

Pure d**k

Welcome to Personal Finance's Private Community

Saw this random video in which Ashneer was asking the reason why no loans are available on current accounts in banks in India. Really made me think and I couldn't come up with any logical reason.

So many companies have cash reserves they build over time, what's the point of taking a loan or transferring that amount to different accounts instead of just using current account balance and getting an interest on it? It's not a taxable account, but the money is just sitting there with no interest accumulation or utility.

Thoughts? Are there any startups that are maybe addressing this problem?

Why can we not get a loan on current account in India?

Generalist

It’s considered immature to speak negatively of your past employers. But i am going to share some anyway. 

Used to work at Oyo with Ritesh - directly. Havent seen a more deluded personality - high headed, pretentious and above all, bipolar. He used to speak so rudely at times that it makes you question if the money is worth it. I have often wanted to tell some people - if he invested all the softbank funding into Nifty, LPs would have had a decent return than the ever failing IPO attempts. 

I am so glad the valuation reality kicked in and humbled these founders down. At the end of the day though they amassed a lot of wealth. But at what cost. 

Eager to hear on Byju BKLora.

Rant against OYO

Operations Manager

"I Don't have Ideas to work" 

Seriously ?

Top Unorganized Sectors in India for Startups to try on!

👉 Street Vendors: Revolutionize local commerce with tech solutions.

👉 Handicrafts: Digitize and globalize traditional crafts.

👉 Waste Management: Innovate in recycling and waste reduction.

👉 Informal Transportation: Organize and streamline local transit.

👉 Domestic Services: Professionalize and scale household help.

👉 Wedding Planners: Bring structure to the chaotic wedding market.

👉 Ironing Services: Modernize local laundry and ironing services.

👉 Scrap Collection: Create efficient scrap collection and recycling systems.

👉 Local Kirana Stores: Digitize inventory and supply chain management.

👉 Artisanal Food: Market and scale traditional food products.

👉 Textile Production: Streamline small-scale textile manufacturing.

👉 Construction Labor: Organize and manage skilled and unskilled labor.

👉 Tailoring: Modernize bespoke tailoring services.

👉 Fishermen: Digitize and organize the fishing industry.

👉 Local Mechanics: Standardize and scale local auto repair services.

👉 Small-Scale Farming: Bring technology to local agriculture.

👉 Street Food Vendors: Professionalize and scale street food operations.

👉 Traditional Healers: Organize and regulate traditional medical practices.

👉 Regional Music Bands: Promote and organize local music talent.

👉 Local Tour Guides: Structure and professionalize local tourism.

👉 Pet Services: Organize and scale pet grooming and care.

👉 Repair Services: Centralize and standardize home repair services.

👉 Floral Industry: Organize local florists and streamline supply chains.

👉 Printing Services: Digitize and scale small printing businesses.

👉 Community Cleaners: Professionalize and scale local cleaning services.

👉 Second-Hand Goods: Organize and scale the resale of used items.

👉 Street Performers: Promote and organize local entertainment talent.

👉 Regional Festivals: Professionalize the organiz

Business Bane na Bane, Hum toh chaatu rahenge ;)

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