I'm certain Trevor is also thrilled.  Gets fresh content for a new set.

Sales manager

Technicians couldn't make it to the venue due to traffic :P

Software Developer

Growth and strategy

Welcome to India Habibi. The unhappened happens here.....

Saw the traffic and went nope, I'd much rather lose all the money

Investor

Saw the traffic and went nope, I'd much rather lose all the money- Grapevine

Welcome to Personal Finance's Private Community

Are we buying more or getting out before it goes bust?

[NIFTY50] Is this the end?

Product Manager

P.S. Not seeking directions, just some sane advice. I was in a murky situation with PNB a few years ago, and I successfully managed to accumulate and now they are doing handsomely!

Paytm stocks lying in my holdings, every time I successfully accumulate more to average out my price, something goes south and the stocks crash. I have patience, and can accumulate some more. Any sound advice?

Growth Marketer

Welcome to News Discussion's Private Community

So glad I withdrew my 100 rupees before this happened

Software Engineer

Before people jump into validation mode, I thought let’s do something ulta (opposite)🙃

Pick one of your worst investment mistakes (it can be a stock, RE, ULIP, relationx blah blah) 

My inputs - During 2021/22 real estate boom, I picked a real estate stonk (india bulls) as I thought it’s a growing sector and company will become beneficiary after all the sins they have committed in past. Bam! Over next 5 months stock crashed ~50% 🥲

FriYaY is Investment day on GV!

So I recently gave an interview to a company, cracked it and got offered 50% hike but I was very hesitant joining there because they said they'll demote my role to a Jr Engineer, because they said my code wasn't as good as they wanted. 

The task was to add a new feature in their codebase, all I did was used the existing transformers, methods and I just wrote a new one for the feature they requested, it worked flawlessly without a single issue.

So, their existing code had issues and they counted that into my assessment and said they'll reduce the salary promised on their job listing by 40%.

So I first said yes, I was just looking that hike my my salary, later to omly realise, I keep seeking for validation when working there rather than working for shipping features.

So, I actually turned it down.

Did I do the right thing?

Did I do the right thing turning down a 40% hike offer

If you ask how bad could it be, it is crazy out there!

A relative reached aipprt 4 hours before their flight to reach 10 min before boarding started (didn't even get something to eat)

There are huge huge queues, flights have been delayed over 48 hours!, people are shouting beating up airline staff, lounges are packed, security and immigration taking own sweet time or even delaying once you tell them you might miss the flight.

Please pack homemade food with you. Delays can go too long, and you may not even be able enter the lounges.

It is sad situation coupled with NCR people at their worst.

Glad I didn't go anywhere at this time, not that I had the money but that's not the point 😅

If you are flying out of Delhi, reach well before time

Consultant

Welcome to Indian Startups's Private Community

Paytm pain

Where did you work and how much money did you make?

Asking as it looks like a lot of promise of ESOPs and wealth creation has failed employees in this bloodbath slow growth, layoffs, and job changes.

"ESOPs made me rich af"

UX/UI designer

Is it necessary to carry cash? Wouldn’t cards take you al along?
Places to visit in Hanoi - the usual touristy place look expensive, scammy
Any precautions or heads up

P.S. Female travelling alone

Have you been to Vietnam? Please show some light

From 20 lacs losses until now for the last 3 years, finally made some good profit this year and earned more than 50 lacs this financial year. Super excited for the future. 

If done in the correct way, F&O can literally change lives. Good luck to all those who are interested and want to make their career out of it. Be patient, your time will come. :)

F&O changed my life

How much should I budget for rent, if my salary is 7.25 LPA? Joining a new company so not really sure how much I will get in hand. From my calculations, I will be getting 53-55k(as CTC contains PF contri too), so I'm budgeting 17k as rent (around 33% of 53k). Office is near Bellandur which I have heard has crazy rents, so I don't mind staying a little far to save some money in rent. Should I budget more or is this amount fine? Thanks!

PS-im planning to rent a room with attached bathroom in 1/2/3 bhk house/flat, doesn't really matter if gated society or not.

How much rent as part of salary

I am marketing manager at a mid-sized SaaS company. I join work everyday at about 11, 11:30 and stay in front of my computer at least until 7 pm. But the thing is I barely have any work. Whatever little work I get I manage to finish them in a few hours and that's it. All day long I either scour for work or spend time on LinkedIn applying at new opportunities. There are days when I barely do anything at all. 

Not that I don't try finding work. I have come up with a lot of new projects but they all hit a snag for one or other reason. After a point I just stopped following up. Every bright marketer that ever joined during my tenure either left or just adapted to this org while doing consultancy on the side. At the end of the day I feel frustrated and terrible for not contributing or doing anything meaningful. If I was tad more courageous I would have left this crap and start something on my own. But I not. I need this money and addicted to this stability.

Employed and jobless

Product Marketing Manager

Hi GVers,
For those who've seen their company IPO (Zomato, Nykaa, PayTM, Delhivery etc.) during their tenure, by how much did you ESOP value appreciate after the IPO? Also, how long before the IPO had you joined the company?

For those who've seen buybacks and secondary sales in their company
How much did your ESOP value appreciate during such events, if any? How long ago before the event had you joined the company?

PS: I've heard ESOP value for some IPO borne companies appreciate by 2x after the IPO.

Wealth creation from ESOP

Strategy Consulting

Just curious, I would like to know what are some of the most uncommon ways people have made money.

Please don't say internships, jobs etc 

Let me go first : made a playlist of some niche focused videos on YouTube ( can't disclose the niche as of now )
Added the playlist link to a doc and 💥
Sold it on gumroad for some good $$ to a good no. of people. 

Your turn now

What's the craziest way you've made money ?

With the host of startups closing down, was curious to know what does founder net worth usually result in and how do they generally make money for them along the way. Few questions-

1. Do founder sell percentage of own shares in Series A and B raises? I would assume there would be some checks on this but want to know what's the practical reality of this and if this happens what's the amount a founder can make through this 


2. If the startup is clear it has to shut down, what typically happens? Acquisitions? Insolvency?


3. Assume a Series B  level startup with valuation around 150 cr with say 10 Cr annual revenue and 40 cr losses and 30% founder stake and it's clear it has to shut down. In the absence of any acquisition, what money comes to the founder

Founder wealth gains in failed startups

Management Consulting

I enjoy seeing outcomes of theoretical concepts!

Few days ago, I created a post on explaining “alpha” & “beta” of MFs. Yesterday’s correction gave me a chance to visualise the impact on real money. 

From the beginning of this year, I wanted to play in small/mid cap frenzy and used flexicaps to save myself from research efforts & downside.

With 1.5% nifty fall, downside protected PPFCF went down only by 1.6%. I kept quant (minority) to play with alpha of folio. Overall, learning here is within MFs you can have multiple MFs (with min overlap) within same category basis the investment styles of fund houses. 

We may go 25,000 but easy money days are over. Play safe.

[Learning] Down side protection on folio

Wtf!! CoinDCX CEOs tweet on the day on layoffs 😡

I was at a friends place and it suddenly started raining heavily. I had to reach my girlfriends place ASAP. She was already very angry that I was not spending enough time with her. The problem was that I was not getting any auto on Uber or Rapido.

I stopped an auto and asked it for a ride. He quoted Rs 800 for a 4km ride. I was like, "Are you crazy?" 
I somehow negotiated it down to Rs. 500. But it made me wonder why is this city like this.

Like everyone is trying to scam you. Every one is a grifter, from your landlord to auto wallahs to the cops.

Have you faced such things in this city?

Why do people take advantage of you in Bangalore?

Program Manager

Budget: INR 5L to 6.5L

Please share recommendations with your experiences and pros cons.

Budget car recommendations

I got no clue what’s with the story on this.

Saw the traffic and went nope, I'd much rather lose all the money

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