Cred Or Flipkart ?
Hey Fellas ! I am working at Flipkart in a business role (Cat Management ) . Recently have been offered a position at cred with good pay. Take it or leave it ? Thoughts on wlb and stability ?
If I was you I would go to Cred.
Category management in Flipkart is a bit saturated with several people. While Cred has a great brand and could have a better learning curve
It's a risky move given that CRED will also be laying off a major part of their company.
Confirmed it from a source in the company
Cred doesn't seem to have clue what's a monetiseable portion of its business. A flamboyant founder with a storyline that impresses VCs but now drifted into lending business. Would rather recommend Bajaj Capital as against Cred. For the question, Flipkart would be a no brainer choice
Isaiah Carmden
Stealth
2 years ago
Couldn’t agree more. If I were the post creator, I’d join Flipkart over CRED.
Flipkart- learn to actually own and influence a P&L with a target of a bottom line that isn’t years away.
CRED- Relatively more BS vanity metrics. Even if you’re smart, you’ll be working with people more oriented in building and growing “growth” metrics by burning cash than actually learning how to build and grow businesses
Smart people get deluded by American fads that don't work in Indian setting for a sustainable business. America has a lot of free money, India doesn't. Flipkart's product solves a real customer problem. Cred doesn't. The guy talks about solving burning customer problems innovatively. Paying credit card bills is a big customer problem, really? Spinning a narrative like creating a network of trustworthy people isn't going to eliminate 1200 cr loss without solving a real problem. My guess is cred will become a conventional lending business with flashy ads.
Basically make sure you have job security if you plan on moving at this point of time
Any movement before Sept or Oct of this year is going to be risky
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