Founder tries to take advantage of software intern. Intern fights back. 🥊

Ok so some interns were on leave today due to long weekend or they genuinely had an family emergency But wait the founder told that’s not the way how internships work , we will close their internships I mean why you too have your families at home

IIT grad here building a venture backed startup. I think 99% of folks here believe that venture backed founders are super entitled and in a much "cosier" position than employees Just sharing a few facts about our journey so far if it helps anyone improve their perspectives- 1) Paying ourselves 33% of our campus salary & 60% of what we are paying to our employees (Talking about Pure Base Salary here, not including ESOPs) 2) Insane stress - You basically have to raise money to build (esp if its deeptech because of the high fixed costs) and there are predefined metrics you have to always chase, sometimes just beyond yourselves. Your product will be copied if it's good because well, they always have more money than you. You work 7 days a week for insane hours, chasing metrics required to be "afloat" 3) 99% of venture backed startups result in 0 liquidity gain for founders. So basically in all likeliness, everything is for a net negative return compared to if we took the campus job So, when you wholeheartedly bash founders as if they are sitting On a goldmine while you are toiling for THEIR gold Treasure, just understand that more likely than not, there is not really any gold but rather an irrational hope they are clinging to Also, Yes-we pay above market to our employees (100% hike for the last one) but the truth is some startups just Can't afford it. And ironically, there is a much higher looking down on these startups with meagurely paid founders rather than giants like Tech Mahindra paying peanuts to their employees while having a 1000% salary hike for the executives. Yeah, most startups need to do better but please appreciate if someone is atleast trying to do better because trust me, it's INSANELY HARD.. The number of posts I see about Flipkart making hundreds millionaires is way too less than the ones I see about pinpointing at every single mistake early stage startups do & I just wanted to express my opinion on it Peace!

Today’s startups are using the interns/employees to the point of exhaustion(taking work of 12-14 hours) but returning in penny without any job security, you just do a small mistake(actually which may not be called a mistake also) and to fulfil their ego the management will kick you out anytime. It’s we, the employees, who are helping organisations show upper trend so that they can bag Series A, B etc. Whereas the co-founders and higher hierarchy members are enjoying limitless wealth in form of salary and also going every then and now on holiday trips. Today’s co-founders are not leaving any stone unturned in reaching a new low.

This person, say ABC, has been cribbing not finding an internship I try fix one for them Instructions I get, stipend should be 10-15k/mo, or won't do Umm, I mean?

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

So, I joined this company located in Delhi last year from Bangalore as a permanent WFH employee. Initial 6 months were fine, even though I was aware they had pre-installed tracking software called "Teramind" while sending the laptop! But in the last 3 months the work culture or environment has completely flipped and turned into Toxic. First they made us install a remote tracking software called "Hubstaff" which tracks keyboard and mouse activity and time, and takes 4 screenshots every 10 minutes. Then they made it compulsory 8 hours a day excluding any break like lunch or tea. This month they tied work hours with Salary and started deducting the entire day's pay even if you are short by like half an hour! Almost all employees know they need to leave but are kinda stuck due to the current job market situation. I'M thinking of quitting without finding another job now, I'm just mentally tired and frustrated with the situation I find myself in. All my emotional energy is spent, I just don't know what to do😞

Translation: He's looking for a Sr. Developer who can work for an intern's salary.