Welcome to Indian Startups's Private Community

CEO Ratio’d

Software Developer

CEO Ratio’d- Grapevine

Welcome to Product Managers's Private Community

It'd be great if it can match most of the following criteria:
- Remote (not a hard constraint, flexible hybrid works)
- Profitable (good 4%+ QoQ growth in last 2+ years)
- Revenue = 50 million USD+
- Revenue/employee = 250k+ USD
- Employees = 200+
- 0/1 silent/public/PIP induced layoffs conducted in last 2+ years)
- Good Work life balance
- Less politics

Best company to work for PMs located in India

Product Manager

CEO
Status driven, low confident CEO who thinks that a CEO should dress like a movie CEO aka wearing suits all the time and thinks that watching sports makes you cool. Super micro-manager. This idiot gifted a basketball to CPO on CPO's 5th work anniversary. Will make random suggestions to the product team based on absolute random assumptions. This guy has more chances of death by confirmation bias than anything else in the world. Lack of clarity and vision for the company. Low trust in people who he works with.

COO
I saw her only once in the office since I joined the company in my 14 months of tenure, people say she is working from home but all the employees are forced to come to the office and work.

CPO
This guy will never say no to any product/feature requirement and commit an optimistic timeline of delivery without thinking or syncing with the team internally. Due to him I lost respect for MBA turned managers who think they can do it all. Will never accept he was wrong or take one for the team. Will shit on others to retain you. Will make team members fight among themselves. Will say that you are the owner of the product/project/task/charter given to you but will make sure to overturn decisions made independently by you. This guy always assumes that he is right without thinking through. He does not even understand what all problems we face at the  layer. Has world class expectations but with peanut salary. This douche bag stole my ideas and presented it to his ideas. Had to forcefully schedule 1-1's with him to get feedback on my performance, that too was very generic and had a few points where I made mistakes but no actionable point of how that area can be improved. At CPO level I expect you to have basic product design sense and when I describe the screen roughly you should be able to imagine it but this A-hole will always stress on a proper product design with all the color and all and not even a wireframe.

Company Rant

Im a Product Manager 1yoe in a SaaS startup.
I had a good experience in the first year. I got to build a product 0-1, competitor analysis, work on creating prioritization frameworks, UAT, content marketing, wireframing.

However, since January the compamy started their stabilization phase, and PM's are now taking care of Sales and lead generation(Content, Ads etc.). The nail in the coffin is we are getting dragged to follow up renewals( Customer Success) 🤢

Im currently motivated to building something new, and it feels like we are being dragged into everything as the company does not want to hire. With no pay hike or any adfitional benefit.

Please advice. Should I look for a new job?

Need advice

Any feedback on appraisals, hike, bonus & compensation revision from the last town hall?

Yubi

We all have heard about the toxic culture of Edtech. Unacademy is now in the top spot when it comes to companies with toxic culture. Any company cannot be more cruel than this:

1. Abusive language by leaders - COO, CBOs, SVP, VP and other leaders treat employees as slaves. They themselves have made huge lossess and are burning investors money but when any employee voice out their opinion/asks for leaves, the leaders abuse employees badly even in front of other stakeholders.

2. Forceful long working hours -
Even if you complete your work in 8-9 hours, you are forced to sit for 11-12 hours just to show the founders.
People hardly work after certain hours but they just have to sit and waste their time. This is tiring and there is no work life balance. No time to spend with family. I hardly get chance to spen time with child. 

3. Late night reviews -
So the company has started this new way of conducting monthly reviews late in the night. People are asked to sit till 2-3 AM for reviews. And this review is nothing but a setup where COO abuses the employees.

4. Forced paycuts -
We have seen a forced paycut for the leaders (VP, SVP, Directors etc). 'No appraisal' was still somehow digestable but how can a company justify the degrowth in the earnings of their employees. Company has money to sponsor TVF web series (Sandeep Bhaiya), invite Standup comedians (Biswa and Prashasti), distribute pizzas to all the employees but when someone voices out for paycuts, they don't have money. 

5. No Flexibility In Working
The company witnessed its highest growth and revenue when 100% of the employees were working from home but now the founders think that people do not work from home so they have called everyone to work from office for 6 days a week. If someone asks for a work from home, the leaders denies or ask to apply leave to work from home.
Be it rains, election, etc - we are asked to work from office. Even during the day of election in Karnataka we were called in the office.

Unacademy is synonymous to Toxicity

Welcome to News Discussion's Private Community

Just an open ended question on why are layoffs happening on such a scale. I personally feel the skill to salary ratio has fucked up so much lately that the companies are having to fire people who are essentially useless to them. More of liabilities than just assets! What do you think?

Layoffs - who do you blame?

Absolutely agreed. Hiring in hordes because money was easily available earlier and founders/companies thought that they will be able to build more and hence get more value / valuation sooner was the core reason why the skill to salary ratio got f’ed up. And it’s good that it’s being reset now. 
  
 Coming to who to blame for layoffs - no one. It’s pure capitalism - there was money, hence there were jobs. For whatever time people got paid a lot more than they deserved - they should be rather thankful. If they built their life around the assumption that this much money was the new normal, it was their naïveté. Companies got to survive, and they have to do whatever has to be done… as long as it’s ethical. Firing is fine. Not paying salaries / dues is not.

Founding Engineer

Software Lead

Welcome to Business Roles's Private Community

in your organisation, who are the people who actually make more than a crore (in cash, ESOP not included).

I am trying to validate the stuff I hear from my friends that every other guy in startups is making butt loads of monies and I look around and find even getting a 30-40+ Lacs job is demanding and not flying by the minute

1cr+ sal folls

Digital Marketer

I'm considering an offer from a BLR based startup which is >Series D. This is for a Growth role.

Currently in a Series B startup where I have been for about 3 years now (been here since inception) and have 1% equity. What would be the right % of equity to ask for while making the switch? 9 YOE.

Would also be helpful if anyone can share the benchmarking of % equity for maybe every Series for the larger benefit of the community. TIA.

How much equity should I ask?

Program Manager

Welcome to Personal Finance's Private Community

What should I do to reach 100 cr in 10-15 years?

I'm an ambitious person who can work his ass off. But I lack direction, I don't know what I should do to get there.

Any answer can give me a better perspective. But please refrain from questioning the ambition.

I'm in tech and I make 22 lacs/year (4 years of exp)

My current portfolio split up:
6 lacs - Nifty 50 MF
5 lacs - FD
10-20 lacs - real estate

20 lacs to 100 crores

1. Wake up at 4am 
 2. Plan the day ahead by brainstorming new ideas for profitability 
 3. Go to gym, invest in your body 
 4. Reach out to your customers before your morning coffee, helps set the tone for the day. 
 5. Rob a bank 
 6. Repeat till you reach your target of 100 crores.

Founder

Analyst

Welcome to Office Gossip's Private Community

Dirty secrets and shortcuts founders take to inflate valuations and keeping things afloat when drowned already

Founder Scandals

Whats with Fi money laying of 10% of their workforce for a 2 yr extended runway

Clueless founders, panicking investors, dead market and garbage product. All combine to create these situations.

How much does a core team member gets in equity in an early stage startup?

Unlike many times dick and harry startup founders who have gone crazy chasing Unicorn and decacorn tag with no numbers to back up the claim

In spite of such stellar profits and revenue year by year, Zerodha CEO values his company at modest 3.6 billion dollars.

Software Engineer

Can anyone here tell me what exactly went wrong with Dunzo... I was working on a case study related to the same... Would certainly help me a lot

What went wrong with Dunzo?

Today I learned: Kunal Shah only draws a 15K salary 👏🏻

UX/UI Designer

Initial communication gave "no bar for right candidate" but considering they are looking for 5 person job in one role, what should be appropriate compensation?

How much should one ask for this role?

Consultant

Welcome to Software Engineers's Private Community

Comment down below your CTC and Experience and let others judge you that you need a switch or not.

Mine is 7 LPA, Newly joined at Deloitte USI.

CTC Thread

Just saw my friend with 12LPA posting 50LPA to make others feel underpaid🤣🤣…don’t believe everyone here. 
 If you feel you are underpaid, switch. Seeing some unrealistic number? ignore.

Software Test - QA

The man's a legend, and also brutally candid about his ilk.

https://x.com/abhi_agarwal4/status/1715021893219078569?s=46&t=nRD_q4JdZxNQ0LE5Wo1afg 

He's also a bit of an ass himself for doing this: 

https://www.theregister.com/2020/01/09/california_sues_khosla/

CEO Ratio’d

Discover More

Product Managers on

by Kendall Carmden

Gojek

Best company to work for PMs located in India

Indian Startups on

by Anise Carmden

Stealth

Company Rant

Product Managers on

by Anise Nadeen

Startup

Need advice

Indian Startups on

by Kendall Olive

Stealth

Yubi

Indian Startups on

by Karilyn Lee

Student

Unacademy is synonymous to Toxicity

News Discussion on

by Jordon Olive

OnePlus

Layoffs - who do you blame?

Business Roles on

by Jordon Denver

Stealth

1cr+ sal folls

Indian Startups on

by Aaron Lee

Bollywood

How much equity should I ask?

Personal Finance on

by Karilyn Carmden

Stealth

20 lacs to 100 crores

Office Gossip on

by Kendall Lee

Stealth

Founder Scandals

Layoffs on

by Jordon Denver

Stealth

Whats with Fi money laying of 10% of their workforce for a 2 yr extended runway

Indian Startups on

by Karilyn Olive

Google

How much does a core team member gets in equity in an early stage startup?

Indian Startups on

by Jordon Gabriel

Google

In spite of such stellar profits and revenue year by year, Zerodha CEO values his company at modest 3.6 billion dollars.

Misc on

by Kendall Denver

Jio

What went wrong with Dunzo?

Indian Startups on

by Matilda Olive

Google

Today I learned: Kunal Shah only draws a 15K salary 👏🏻

Business Roles on

by Jordon Everett

Stealth

How much should one ask for this role?

Software Engineers on

by Isaiah Gabriel

Deloitte

CTC Thread

Indian Startups on

by Anise Taye

Unemployed

Vinod Khosla ratioed VCs