Welcome to Indian Startups's Private Community

Start up is like small product base company

Software Developer

Start up is like small product base company- Grapevine

Ideas are there. But execution is the challenge. Whatever, just share your random n genuine idea that others can work upon. Or share the idea that you scrapped.

Tell me one start up idea?

Product Manager

I understand if someone is asking this question, the person isn't ready. But would like to know from founders, what was your motivation ? What pushed you over from a 9-5?
Is it just taking a bet on yourself and working towards solving the problem?

When should one startup ?

Software Engineer

Welcome to Office Gossip's Private Community

Lately, I have been thinking very deeply about my college days when the Flipkart story had inspired the entire lot of my batch at IIT-D. We were starry eyed college kids who wanted to do something innovative in India and break away from the "three" most popular moves after IIT:

1. UPSC
2. MBA
3. MS/PhD abroad

I proceeded to then work in various Indian startups and noticed an alarming thing. I began to realise a pattern across all my stints:

The initial founding team does exceptional work innovating, they excel at what Thiel calls "Zero to One", the act of creation. I will concede that although most founders fail to innovate by often copying what worked in the west but the initial founding team usually excels in execution. It allows for initial traction as it breathes a fresh breath in the\ space that they are operating in.

Almost always, when Product Market Fit is "achieved"(whatever that means), the founders begin to deploy insane amounts of funds into growth. 

By definition, Growth is not a bad thing. But, I have been noticing that across all startups I have worked at( all raised funds from the largest global funds) that it comes at the expense of product building. And during this era of hypergrowth, the product starts to stagnate while focus becomes marketing and sales. 

I often felt that this was temporary. That once we reach enough scale, we would start to innovate again. 
But time and time again, the ability to innovate atrophies over time.
Rather than building something that has enduring value by executing faster than anyone, the focus becomes achieving growth at all costs. 

This ultimately leads to two outcomes:
1. The startup cannot sustain this growth and retention begins to look dire. The churn becomes unbearable and the startup goes out of business.

2. The startup gets acquired by someone bigger, allowing founders and investors to believe that they created value where none existed in the first place.

I am completely dejected at this.

The Death of Indian Innovation: Why Indian Start Ups are failing to Innovate?

Growth Manager

Welcome to Software Engineers's Private Community

Hi Folks,

Want to understand what makes you stay at a startup vs shop around in other companies or leave after 6months- an year? 

Please tell things other than initial compensation because you can always find someone paying more. Assume a market standard here.

How to get people to stay at a startup?

Founder

I plan on starting a venture, bootstrapped. It is a very small and low maintenance SaaS project that I aim to release as a passive source of income, just something on the side. With an extremely small team.

Any tips/guidance/suggestions/networks are welcome

[SERIOUS] Guidance for a passive startup

I am a new grad working at a big MNC as a Data Analyst. It's extremely beurocratic and slow. We do meets all day and no work, it's as if we are paid for meetings. I was quite excited about it as I though I would be working on interesting ML projects (I find ML and AI quite interesting). But all I have been working on is projects where you try to maintain fucked up legacy stuff. 

I see a way out, startups where I would actually build stuff, use my skills to solve actual problems. Is this perception correct? Will work actually be more interesting and useful in startups?

I am also concerned about the pay? Although I earn a pretty average salary even here, I suspect it might be lower in startups. But I have a gut feeling that I will learn, and grow a lot more working at startups coupled with networking with entrepreneurial people which should result in higher earnings in the long run. Again is this perception correct?

Confused between big corporates and startups

Data Scientist

Let's say you want to start a start up like a scalar academy.

How would you go about it?
Will you do marketing first to bring in customers or register as a company?
Start hiring people or spend on ads?

Just curious to know how people start up, and what's their first step.

Please share your insights, it might help someone start later on.

Thanks for the input

How to start a startup?

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

Analyst

Hey guys!
I'm thinking of starting up a product based company, focusing on AI powered administrative and business intelligence tools on the cloud.
I have a small team of 4 developers (including an UI/UX designer), initially we plan on breaking into the inventory management systems market and later on expanding into other fields.
We're planning on using technologies like FastAPI, Flutter and AWS to build this product.
Please feel free to really comment on the idea with respect to the current start up ecosystem of India. Also we're focusing on multi vendor inventory management systems specifically tailored to e-commerce and configurable to suit offline retail based systems.

Another startup?!

Any tech investor with non-tech background? How did you do it? What skills to focus on?

Tech Investing with Non-Tech Background

In this economic condition should you join a pre seed startup?
Let's assume founders have good experience in the startup ecosystem have a working product and some paid customers, but still figuring out what the product will be after a year or so
And the product at core uses ai

Can't tell the whole thing as its pretty small company right now and don't want to discuss something about them publicly

Should you join a Pre Seed startup

Startup 1:
28 fixed
2 jb
2 retention
2lakh esops vested over 2 years
Location: gurgaon, wfo

Startup 2:
28 fixed
2 retention
7.5 lakh esops vested over 4 years
Location: Bangalore, wfh initially, wfo after few months

Very unsure about which one to choose, the offers look very similar to me.
Startup 1 has a probation of 3 months as well.
Current TC: 23

Offer evaluation

Hi All, I am thinking of starting up in a space that in very passionate about and feel I have a unique insight. I also have a cofounder who I know from a long time from college when we studied comp science

What are some common pitfalls to avoid at the early stage of an startup?

Startup pitfalls to avoid

Business Development Manager

Welcome to Product Managers's Private Community

I work as a Product manager at a series A well funded startup.
This company is run by a solo founder/CEO.

This is a wannabe tech and product startup that does not care about their product at all. The internal review meetings get 5 minutes on product and 55 minutes on business and operations on a good day!

All they care about is how to run operations and tech just works on automation instead of building the product for the end user. Every OKR cycle runs for two months where OKRs are set for product but we end up building internal tools because things get "re-prioritised" and operations "can not miss targets".

The worst part is that the strategy changes every 2 months and every week, the CEO keeps adding new "wants". Almost like a baby seeing shiny new toys.
At this stage, the product has become a mess with no identity at all!

This baby always says "But is that even do-able" acts critical and tries to seem smart in front of their employees while lying to the investors and board every other week that we are a tech and product company.

I don't know if this happens at other startups in India. 

Would love to hear what y'all have experienced.

Identifying a Baby founder

You sound like a tech bro, who thinks that only tech runs the world. Huge companies like Tata, reliance etc are built on solid operations and business insights.  
  
 Tech is enabler, if the founder is smart with business and operations, most likely he will make a good business, and unless you start valuing things beyond tech also, you will keep hopping jobs and cribbing why people don’t value you.

Senior Product Manager

Welcome to Personal Finance's Private Community

"I wonder how Jefferies has given a target price of Rs. 520/share on Mamaearh - on the listing day, it was already at 93.5 times EBITDA" -> Need more people like this on LinkedIn!

Since I am Done-Zo with Dunzo, AMA anything. Here to spill all the scoop that’s happened.

Ex-Dunzo employee. AMA.

1. Fancy talks from founders such as ownership, independence, building for next generation, speed etc
2. Learn new tech
3. Glofiying working at odd hours
4. Don't talk about stress and anxiety 

Start ups are not for weak heart and normal humans who have life after work. It's only for people who will give up their life to build somone else dream. Prove me wrong.

An ex ola person cried infront of me for the workplace stress and unrealistic push

Startup are brutal

Lawyer

Hi, anyone here is a founder or working in a product based startup (preferable if it is in Bangalore) ?
This is regarding a project for Economics. So if you can spare 20 minutes of your time, it would be very much valuable to us.

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