Nah it ain't good, you have an offer or something?

One of my subordinate is in process. He have these questions. I have asked him that join GV for these insights. Posting this question here upfront.

Lawyer

Software Engineer

Struggling as a company, culture has gone to shit, and in the super competitive of D2C checkouts. 
  
 Laid off folks in Q1 23, forced exits, dry promotions, opaque culture are prevalent. Also heard rumours of an upcoming layoff. 
  
 It was good until 2022, went downhill after certain product and business leaders joined.

Product Manager

How Simpl doing when compared to Slice? Does this sector really work(BNPL)? Is leadership inspirational in that company?

Welcome to Office Gossip's Private Community

Question on Simpl

Question on Simpl- Grapevine

Welcome to Indian Startups's Private Community

First, how is a BNPL company surviving?
They are hiring.
How is the culture there? Anyone knows?

How is SIMPL ?

Does the company have any feature, should i consider joining it?

How’s slice as a company to work for and as a business?

Is Slice worth joining? How is the company culture?

Slice

Legal

is slice a good company to work at? i am interviewing with them for an engineering position. please help with the details on work culture, leadership and work life balance. (engineers at slice, please help)

company review: slice

My friend recently got an offer from simpl, is it a good company?

Is Simpl worth joining?

Growth Manager

Just curious about their financial position and survival

Will Slice survive? Got a call today that they are hiring.

I want to refer my younger brother to Slice or PhonePe for Analytics role. He is from BITS Pilani, and working at Groww for past 1+year and very smart. He wants to join Slice or PhonePe only. Can someone share any opinions on learning, growth, culture etc for these 2 companies? Also any other fintech he should target?

How is analytics role at Slice vs PhonePe for 1yr exp?

Software Developer

Why did this happen? Slice already owns an NBFC license. What does this help them achieve? 
 "to better serve their shared mission and reach more consumers who currently lack access to basic banking services"

Slice merges with North East Small Finance Bank

It helps them achieve a lot. They can take deposits, extend loans, issue cards without needing a partner and maybe start mutual funds and insurance businesses. Huge W for Slice.

Analyst

they laid off around 30-40% of their strength.

Layoffs in simpl.

Senior Product Designer

Hey folks would love to connect with folks who are currently using Slice on a frequent basis. Urgent Need

Slice Experience

Several other founders out there full of immaturity, short sightedness and god complexes. Have you met any of them?

Dukaan is not the first. Are there other founders that people should be wary of?

Head Of Growth

A few people who are in advanced stages of the process and/or have offers from slice have been asking me whether it's a good idea to join.

My answer has always been consistent and I'm posting this so that people have more clarity.

Good folks are leaving in droves which is why they are trying to fill in some roles fast.

The company doesn't have a proper CTO, with engineering being managed by two people, one the head of analytics and data science being the 'people mananger' who is highly under-qualified for the job, and the second a toxic and borderline abusive character who is the 'chief architect'.

On top of that, there are some AHs from Bizops who'll do everything to blame you if things go wrong and steal credit if things are good, making your day worse rest of the time.

The critical Glassdoor reviews are totally true, and present points in an elaborate manner, while the few positive ones are clearly planted with 1-2 lines written for each.
Plus the company is suppressing many reviews with the help of community guidelines.

Your package might have a generous ESOP component, but it is bloated and the company is looking to raise the next round at a highly diminished valuation.

There are more things in life than a few lakhs of extra base pay, for your long term well being.

I'm speaking about it openly since I left the org for a better opportunity recently and I don't want people to suffer more.

Your mental health isn't worth a slightly higher base pay in slice

Slice is a known red flag. Stay away at all costs.

Founder

I have an offer from Slice, Bangalore? How is the company culture?

Second round of layoffs at simpl within a month☠️

No future for BNPL in India?? 🤔

The move comes less than a month after the Bengaluru-based fintech firm let go of about 160 employees, primarily in high-paying roles like engineering and product. While confirming the development, the company clarified that it is not 50 but 30 employees who are subject to the layoff.

BNPL startup Simpl hit by second round of layoffs, cuts 50 more jobs

Layoffs at Simpl🫣

Investor

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

Is Slice a sustainable company to join?Do they have enough funding for paying capacity? Are they actively laying off employees?

Got an offer from them 6 months ago . Didn't join as their business didn't look sound . They said to me that they are building a UPI app I was like phonpe & paytm are already there na ! 
I expected some layoffs from slice as they were giving pretty high packages and a lot of over hiring.
But surprisingly I didn't hear anything like that even though many start-ups which have stronger business models than slice are laying off.

What's up with SLICE ???

Was doing some research and again stumbled upon Slice’s glass door. Is this company really that bad or is it some kind of revenge against the company by few angry employees? I haven’t seen any companies review this bad who names their CEO, COO and acting CTO in every other reviews. A thread below to share your views. Let’s be honest here!

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