Every VC and Techbro rn 😂😂😂

Software Developer

Every VC and Techbro rn 😂😂😂- Grapevine

Welcome to Indian Startups's Private Community

A lot of folks working at startups seem to be "passionate " about their job. Some of them possibly, truly are. Some foolishly reverse engineer this passion because they're paid really well and they've been doing a good job and it's good personal PR to say "passion".  A few reality checks.

1. Your cool Bangalore lifestyle is a result of investment risks/bets taken by VC's .

2. Your salary is as much about the market demand as it is about your " passion " and talent.

3. Startups will generally lower the bar for hiring processes to meet their demand for talent. Why need so much talent? Because the startup  needs to spend that 100M$ Series C that just made them a unicorn. That's how they convince the VC to give more money. "We are going to 2x revenue by 2xing our salesforce and buying 10M$ worth of Saas that will increase our productivity by 5x. " And boom ...100M$ transferred into you SVB bank account.

4. You are as replaceable as a garbage bag on your dustbin. The HR is probably flirting with 10 other like you over linkedin.


5. The "values" this startup apparently espouses are mostly nothing but a honey trap and positioning to lure talent.

It's great to have a nice tech job that pays well and allows you to gloat on twitter like a techbro but don't let it fool you into getting an inflated sense of entitlement. You're probably living on borrowed time....and money. :)

" Passionate " Startup folks

Product Manager

A masterpiece 🤌🏻🤌🏻🤌🏻

Corporate Strategist

Krutrim has become a unicorn after securing $50m in funding, making it the first Indian AI startup with a valuation of $1bn. It seems like an extremely overvalued company being built yet again. Thoughts?

India's 1st Unicorn in 2024

Are we going back to good golden days of insane salaries. I am really curious on how was the valuation decided. On what basis? Did this platform earned a single penny yet.

Software Engineer

Program Manager

VCs then vs VCs now

VC memes

Starting a small tradition of our own on Boxing Day: a roast of the Indian startup ecosystem!

Through the year, have seen some of the most Top Kek comments here, and I thought it’d be nice to do this for fun! 

Let’s keep it in good jest, no getting personal 🫣
Looking forward to some really creative burns!

PS: I do realize there’s no real correlation between Boxing Day and actual boxing :)

Boxing Day: A roast of Indian Startups 🥊

A very harsh year indeed 
 Almost 261k techies got laid off, and only 261 got laid :/ 
  
 (Sorry)

Founder

Link for actual thread and comments - 

https://www.reddit.com/r/startups/comments/15p8qrx/my_0100m0_in_5_years_story/

Must read for startup folks today

Computer Operator

I’ve seen this happening around me. Absolutely no RCA about what went wrong in terms of overestimating Web 3 and investments that could never make it. Generative AI season? Now we will become experts on it.

Exactly what’s wrong with venture capital

Investment Associate

Vcs whenever founder ask for help

Most of the startups are in loss and have no clue whether they would be able to make it to IPO, I've always been wondering how come so they get the funding in hundreds of millions?

Even though the early investors seek to make money off the next funding round but still!

It looks like a 21st century's quick rich scheme for founders!

How come all these startups get funding in hundreds of millions?

Asking this on behalf of many founders like myself, wanted to collate across multiple inputs: what is it that VCs really want to hear/see from a startup? 

Would love to get inputs from VCs and other founders alike - basis your experience on what has worked what hasn't worked.

The usual suspects: obviously the founder credentials, TAM, insights, metrics. But, what else? 
Look forward to informed answers.

What do VCs really look for in startups? How do they evaluate?

The TechBro life speaks to me 💊👨‍💻🏃🚬

Welcome to Business Roles's Private Community

People who are very early in your career and are working has analyst/associate in VC firms , don't you guys think your career ended before it even started ? People usually go for VC after becoming a entrepreneur/CEO/COO etc. usually a semi retired type ex : Vinod khosla etc 
now your skills are very rare and only valuable for other VC firms and B schools . 
I have seen many people on Twitter who just graduated and are working in VC . 
I know salary is good , it's glamorous but could have become great entrepreneur, executive etc
Just a thought who thought of VC has a career 
What do you guys think 
and also isn't startups ecosystem too noisy ?

People who are working in VC and are under the age of 25

Welcome to News Discussion's Private Community

How does this app plan to monetize?

VC here. Doing this for fun.
Don't take all views seriously.

Comment a startup's name, I'll share if it's promising or whatever I know

Analyst

Any tech investor with non-tech background? How did you do it? What skills to focus on?

Tech Investing with Non-Tech Background

Growth Manager

😂

As a business graduate, it's often humbling to see the tech salaries based on my YOE (4-7 bracket) with the people at the top end earning 50-60+ lpa. (Fixed)

Assuming i want to optimise for Money - What can I do as a business graduate to do well similar to tech folks? 

Would love to hear from all of you.

P.S. No IB/Consulting advice please. Not the type of work I've liked 😄

Business vs Tech Salaries

Recently I was talking to a girl who was working a startup in BLR. She left the startup with some horrendous experiences. This startup was working from a startup hostel in BLR. Things she told me shook me. She was dating the founder.

So this founder who claims to be on his 2nd startup dates his own employees and then blackmails them.
The average age of his employees is 24. All these girls that he dates are not above 23/24

Apparently this guy has 2 court cases against him. One for fraud and one for a rape case. Both of them are not easily found online. He uses VC money to keep in under the hood.

The fraud case is about his first startup which was a stolen idea apparently. 

This guy’s whole life is fake.
He claims to be an IIT Madras dropout, but he's from some local college. 

There are rumours that one of the girls he dated tried to kill herself because he allegedly filmed them.

He also does not pay salaries for months to his employees but compensates by giving them expensive gifts.

He claims his parents are IAS officers but we checked and they are not. 

His last startup was around around AUTH and current one is around Fintech

Girls and boys stay away from working with such shady startups.

Tinder Swindler of BLR

Interesting, the whole story is about unknown man with unknown startup. Thanks for such an insightful post.

Every VC and Techbro rn 😂😂😂

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