Influencer VCs

I want to find seed stage startups to join as a founding engineer. I want to take some risk while I can and try if I can get a good return. How should I go about this? I have 7 years of experience. Building distributed systems, backend services with Go, Clojure, etc. I have some frontend experience as well with SvelteKit, Tailwind, etc. I also made a SaaS product recently and got around 10 small businesses as customers on subscription. The product itself got acquired for 5 figures USD after I ran it for 2 months

ReshaMandi, a startup that raised over $40 Mn in equity funding, is facing insolvency pleas and has allegedly coerced employees to join another company, Genzr Solutions Private Limited, leaving hundreds of former employees awaiting salary dues. - ReshaMandi's downfall was attributed to rapid expansion across various verticals, revenue inflation, and financial mismanagement, including inflated revenue, fake vendors, and loan defaults. - ReshaMandi's founders and management personnel have joined Genzr, a seemingly unrelated company, raising questions about the acquisition and the funding received from an unrelated source. - The failure of ReshaMandi has raised concerns about VCs investing without adequate due diligence and the accountability of investors and founders for the company's financial situation and treatment of employees. Source: Inc42 - https://inc42.com/features/inside-the-upheaval-at-reshamandi-a-questionable-2nd-innings-after-a-40-mn-collapse/

willl try my best to be honest, ask me anything

Go for it :)

Hey everyone. Thought I could do an AMA. A bit about me - have 4 years of work experience and graduated from a non engineering college. Was at a startup before (from Series B to Series D) before becoming a VC Personally look at consumer and B2B investments here Happy to answer any questions around life as a junior VC, startup ecosystem, career growth etc.

Girish Mathrabootham of Freshworks run Together Fund. Rohit Bansal and Kunal Bahl run Titan Capital Many Series A founders are spending time angel investing than focussing on their companies. Have they lost interest in their startup or given up?

Kya dikat hai bhai, udane do paisa. Tumhare thodi hai. Good firms genuinely perform well and return money. The ecosystem is not forgiving -- you don't survive very long if you don't create any big wins. It's an extremely high stress job with very little WLB. You do make money but it comes at a cost. Layoffs are sad but at least those jobs existed in the first place? They wouldn't without VC money. India's VC scene is extremely young and it'll take time before we produce a Google. Entrepreneurs are not always right, they are not always nice either; but they definitely are courageous.

Go ahead, ask if we pushed founders to commit fraud.

What can be improved? Not people specific, but what you feel is wrong about us consistently across most conversations you've had?