ShareChat: ASK ME ANYTHING

SC and Cred will cease to exist around the same time, dont worry.

Mereko kya mai to intern hu 😂

Ads

Not really ads, major focus and sustainable numbers are coming from virtual gifting via Chatrooms and Livestream on SC and Moj respectively.

Terrible now. Product is a failure and not sticky at all, especially Moj but they think they are Instagram and wants brands to spend on Moj. Nobody gives a fwok about garib Bharat audiences. 😂

Yeah, Moj is in turmoil if you compare SC growth

Agree with your views on ads.

But SC's health overall in general is way better than what you are describing. Revenue is ever so growing up from Chatrooms, they are targeting to inflection point after which SC in isolation can be self sufficient, which is not far off in the future. Livestream will be introduced in SC soon, making more revenue.

I mentioned about ads alone. Chat rooms with audio was developed when I was in SC, and it did take off pretty well.
Well, my bet definitely is for SC to do good. Atleast, not selling ESOPs in the previous buy back should get me some returns. 🙂 Lot of people made loads of money in the previous buy back. Some of the people from the first 30 joinees earned upwards of 50Cr. That’s a huge sun of money. Am waiting for my turn. This a good way to FIRE.

Micro transactions. Virtual gifting via Chat Rooms in SC creator battles in Moj live stream. Apart from these ads, but that has not worked wonders like other two.

Titillating 1 on 1 chats

They, you will often see lot of initiatives being driven via experiments and A/B, it's invision as metrics driven development. But unfortunately the fast pace and lower QA&Product to Dev ratio means either processes are not followed or they get forgotten over time. Which leads to non consistent quality across the features within a product and platform.

But that's a part and parcel of startup, it's because of this you can drive your own dev features in free time.

The broader decision making around the product is still in question, you have to read inbetween the lines to get the hang of the org direction.

Part of engineering team

You haven't been fired yet? 😂

Not as good as it used to be. But manageable.

Primarily focus is on cost cutting.

Agreed, you can survive with some compromises, don't expect it to be like 2020-22.

Many are resigning.

But I don't feel it is primarily due to WFO. Many people are not happy with WFO, but we do not have any options. Most companies have gone to RTO Hybrid model.

People are leaving, not like 10 people a day but more like 10 a week or so, hence the new hiring is going on side by side to back fill these vacancies.

Now coming to reason of attrition, it's not because paycheck for sure, but more about RTO, lack of appreciation that happened due to layoffs and subsequent performance rating which meant harder and tight ratings even for above average performers.

Another fact is, since org is pivoting to Livestream from just a short video org, and similar changes in other verticals, people's quality of work is affected, some are over burdened due to lower product to dev to QA ratio and some have witnessed lack in quality/challenging work.

So yeah these 3-4 reasons are why people are leaving.

Why would someone give up on their many earning machine? But I agree international policies and org direction is bit questionable at times.

*internal policies