What is she giving in return? Is this modern day whoring?

Engineering manager

The guts to create a page for begging is commendable.  
 Modern Bhikari

Software Engineer

There was a similar case a couple of months back where a girl started a fundraiser campaign with the help of Keto to pay for her Harvard tuition fee after getting selected (mind you she was from a decent middle-class family, not remotely close to being poor). Why would somebody pay for others education when they aren't getting anything in return.

While incredulous, Harvard and education are at least in the realm of possibilities (actually no but whatever). But asking shamelessly for travel and leisure? When you have a god damn Twitter blue subscription (amongst many other things)? 😂

Founder

Intern

Shawty could've at least hidden her paid blue check

4k/day is expensive 
She hasn't travelled enough

Corporate Strategist

Consultant

Begging and old professions have taken modern forms

Senior product manager

Her bio says "quit my consulting job to start a travel company..."

Welcome to Indian Startups's Private Community

New fundraise technique

New fundraise technique- Grapevine

Can someone explain their fund raising journey

29M , 7 yoe. Have a full time job plus running my own freelancing gig servicing multiple clients across the world

Not a techie. Earning 1.75cr a year AMA

Just need to arrange funds now

Something I've found very frustrating while pitching to investors, platforms and funds is that so many of them actually just bait and switch.

They pose like gyani people earnestly looking for investments or helping entrepreneurs, but when you speak to them they start selling you their services.

Fundraise is apparently just a step away, need to signup here first, or create xyz report first, or do outreach to xyz number of people, or do market research and fresh pitch deck creation, or hire xyz consultant/agency to get to the "next level" - basically a bunch of barriers you need to pay to clear despite having a profitable business with paying customers. 

Fact of the matter is there are plenty of people raising money based off of pitch decks with no MVP , or even just the right conversations with the right people. But they are rare and hard to find organically. Requires lots of networking and connecting dots over months and years.

The point is, this selling in the guise of securing investment is tiresome and a waste of time for most entrepreneurs. They probably do get a few suckers occasionally which helps them stay afloat I guess.

Some of them might even take your ideas and start building something of their own or back someone to build it under them. Once you start pitching, the deck starts floating around in VC groups and networks mostly beyond the reach of the average entrepreneur.

Considering all this, just keeping one's head down and bootstrapping forever in peace seems like a better approach.

Disingenuous behaviour in startup ecosystem

Product Owner

2 weeks back, I have decided to resign my current job and take plunge as a consultant / freelancer working w.r.t GenAI use cases... 
I have plans of joining my mentor who does this kind of service w.r.t mobile and webapp for almost 15 years as a one man company.
I feel like I will be getting out of zoo into a wild forest any advices is of great help and any leads who are in need of such help will of immense help.

Thanks in advance

Quit my current job in a startup & starting as a consultant - need advice

I’m an Eco major graduate from a top-tier DU college, currently working at a consulting firm with around 1.5 years of experience and a CTC of 9.5 lacs. I’m not enjoying the work at all, but I’m bound by the salary I’m making. There are no significant financial constraints.

I’m trying to find a job in other industries, but nothing fruitful has come up yet. I’m also passively studying for the CAT/GMAT. I really wish to take a leap of faith and quit my current job, but I’m scared to take this step because of the good salary I’m receiving (which is quite substantial for a fresher). I also feel there’s a calling for me to do something better with my life if I quit.

Do you have any suggestions?

Career switch @ 21 y/o

I am an ex founder, recently left my company. I don’t seem to have the courage to start again and don’t feel like have any skills . I’ve been consulting some startups on fundraise, should I try building an investment banking company ?

I don’t know if that is what I want to do.

Ex founder looking for career advice

50% layoff at a Bangalore  based health tech startup. Founder had no shame or guilt. Has raised funding recently but chose to fire people again. This is the third layoff in the last 1.5 years. Terrible management, declined variable pay. Severance is to paid in the next 4 months. Just trying to pivot the company into ‘AI’ without any plan whatsoever.

Massive Layoffs at HealthTech Startup

Growth Manager

I currently have 9-5 jobs, which I hate so much because management sucks company is btw Extentia, which is owned by Merkle. I have realized that I can't work in a corporate environment and I just want to travel but I also want to make money so I can travel the world

This company is very unfair and pays me very little, and hiring a situation in the market for ux designer is also not good.

Recently , I started my youtube channel, but I have no idea how to grow and how to make videos that people would like to watch. I want to do youtube because it will provide me with flexibility and freedom. Please can anyone help me?

I want to travel and quit my job

UX/UI designer

I am building a D2C fashion brand and need to raise money (20 Lakhs) to get things off the ground. I am from Tier-I IIT and a single founder. 

I have been trying to approach investors through multiple mediums. Cold mailing / LinkedIn. But things haven't worked. 

College alumni also don't seem to respond, let alone give any warm intro. 

How should I go about the fund raising process?

Best ways to find angel investors

Product Marketing Manager

Hey !!
I am a student , 1st year bca, currently looking for internship or want to work with a newly founded startup ? Are there any suggestions ? 
Are there any tips you would like to give ?

Want to work with a newly founded startup..??

Looking to find startups that may not have even started operations. Theses that you guys find interesting. People you know who are building. Would be helpful to know 🙏🏻

Interesting early stage teams/startups?

Investment Associate

Welcome to Office Gossip's Private Community

I used to work at a product-based company, joined as a fresher worked for 2 years, it was a perfect job, in the sense that there was little to no work related stress, decent pay, and all the perks you get at a typical big product company as an SDE.

I decided to move out of my comfort zone and joined a bootstrapped startup. It sounded stupid when I left but I just wanted to experiment with working in a high-paced environment.

3 months in and I am very frustrated there is no sense of urgency even in a highly competitive space, all 3 co-founders are busy fundraising and rarely talk to us except for standups(which are also skipped regularly) most other team members(a total of 11) work like govt employees, no hunger, passion or curiosity. 

I joined because I love the problem they are solving and I am genuinely passionate about the industry and problem space but I don't even see 10% of the same passion in any of my other teammates they come in at 10 and leave by 4.

Sorry for the long rant but need genuine advice, will things change after the fundraise and as an employee how do I raise my issues with company culture with co-founders without sounding too bossy and pissing off my other teammates.

Frustrated with my Startup

Welcome to Business Roles's Private Community

Any feedback on this? Worth joining

Senior Consultant

And here I’m looking to raise fund for my startup.

Analyst

Midjourney made $200mn in revenue this year. 11 full time team members. Fully self funded. No apis, no enterprise clients; anyone who wants to use Midjourney has to use it via discord. 

Their distribution channel is discord. Amazing pod!

Midjourney's unique growth/distribution loop!

Software Developer

Been 8 damn years of corporavery (Corporate Slavery), oh by the way, 1 year of career break and learnt real life skills equivalent to 5 years of growth in corporate.

So back to point - Sabbatical! 

How easy or hard to be eligible for this? Am I entitled to attain this? Will there be a drawback gap in my Curriculum vitae?

I am craving for it and need to hear positive experiences of sabbatical journeys...

Sabbatical - Temporary azadi?

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!

People way overestimate the life of founders

Welcome to Personal Finance's Private Community

If I can do it anyone can. being a women and reaching this seems an accomplishment started with 5000 rs salary no one had faith I could do this.

New fundraise technique

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