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Opinions on Jar; Gold savings platform.

I recently interviewed at Jar, and the team passed the vibe check. The folks seemed smart, hard working and growth driven. What are your opinions on the future prospects of the company, from what I have heard they are eye-ing for an IPO in the next 18-20 months and looking to get profitable by the end of this year. Any major tailwind in support or against them? Or any other opinion/experience with Jar would be appreciated.

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404found

Stealth

a month ago

Are you mad? Which team? They are nowhere close to IPO or profitability. Checked linkedin, nobody in their company stays for over 1 year and people have told me they had mental health issues while working. and founders give a rat’s ass after making money in secondary sale and just do linkedin and twitter bakchod. No goal for company. Just check glassdoor or even grapevine and you will see the feedback. All products except gold they have tried have failed and they are unable to raise now as well
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EarthDragon

Stealth

a month ago

I think they’re amazing & have cracked something others haven’t. So what’s the secret sauce - they would only know ;)
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SacchaiKaRakshak

Stealth

a month ago

Bhai kya fukk k vibe check Kiya 😂😂😂 Stay miles away from that place and you'll thank me
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Userid

Stealth

a month ago

Only tech team is good there
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MarioChacha

Start up

a month ago

Which teams are bad?
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WheelOfTime

Stealth

a month ago

Profitability does not assure IPO. Company is not there yet.
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MarioChacha

Start up

a month ago

Agreed, any other thoughts on the prospects of the company?
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WheelOfTime

Stealth

a month ago

If they just do gold, they would probably never hit profitability. Since, they are playing on volume. What they do have a large user base. Slowly they are adding jewellery. Which closes the loop of saving on Jar (as in you save digital gold and buy using this saving). If they do well in the online jewellery market, they stand a chance because of significant margins. Rest survival of team extends to building a company with a decent culture. The attrition rate is high and that makes it difficult to run such a company in long run. If the leadership acknowledges its flaws and works on it, there is a good future ahead
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FlashyReach

Cred

a month ago

They are growing pretty fast.
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