A single fund rise, not even from VC just a normal HNi  is enough to settle down. Once you get experienced on how the fund rising works, you are two rounds away from generational wealth.
That single website is the first step to generational wealth.

Software Engineer

How'd you earn from raising funds for company?

Software Developer

Consultant

Product Manager

Stay away from start ups man they are not for u.

Investor

Welcome to Indian Startups's Private Community

Startup companies are shit..Anyone create a website and buy a .com domain call themselves a founder😂

Startup companies are shit..Anyone create a website and buy a .com domain call themselves a founder😂- Grapevine

How is this startup Rigi ? Heard they're doing 40-45Cr GMV/month and Profitable.

Program Manager

Welcome to Office Gossip's Private Community

If you are opening another mom n pop store, you are CEO of the company 

Founders are one whose product is a new addition to the market, they FOUND something NEW

Every other person, registering a company calls themselves a Founder. Bro you run Google ads, there are lakhs who do the same.

Founder vs CEO

Literally, every single Founder I've encountered here seems to be an old, regressive, hard-headed boomer who hates the younger generation for their freedom.
 
Go through some DINK or WFH or Salary Rant posts and you'll be able to spot them. They are rigid in their mindset and call anyone who disagrees a degenerate, entitled, and (my personal favourite) 'influenced by the western media' lol.

Let's just ignore these morons and keep on bettering our life

Why is every single "Founder" here an a*shole?

Backend Engineer

Time to laugh at new LinkedIn cringe! Bro is literally founder-hopper and claim slaves shudnt look for better opportunities

I've worked at 2 early stage startups now. The founders are absolutely bonkers. Kids born into business families who think it's beneath them to work for someone and accumulate skills. They have an idea, that's all. Based on that idea they'll raise money. Everything great till here, right?

But what they don't have and mostly don't spend time to develop any sort of expertise in -
Industry/ product knowledge 
Tech 
Design
People management 
Culture 
Writing
Public Speaking 
Finance 

Nor do they take out time to develop these. They want to micromanage. Always say the right woke stuff but be deeply conservative behind closed doors. They want to make a billion dollars startup with a kirana store mentality. 

They don't want to trust anyone outside their community. They'll show this through behaviour. They want to extract 10+ hours of work everyday but not provide you with insurance, leaves, or the opportunity to learn. 

They will retain the ability to fire anyone without notice but require 3 months notice when someone wants to leave. 

So anyone looking for jobs, please please join and early stage startups ONLY WHEN -
The founders have prior work experience.
The founders have an expertise in any one domain relevant to the business.

Early stage companies are shit

Nothing more soothing than chatgpt created cancer (content) to go with self portrait. #LinkedinLunatics

Narcissist at work.

Founder

I was speaking to an ex-colleague and he mentioned how my previous employer, a lending startup, has been intentionally over-reporting disbursal numbers and under-reporting delinquencies in portfolio.

They conveniently chuck the NBFC partners who dare to ask questions and instead catch new fish. During my time I saw sales staff committing rampant frauds and making money on the sides from users. The founders conveniently turned a blind eye till there was new business coming in. They've seemingly moved on to the next level now.

The founders have top pedigree and already come from well off families. Makes me wonder how many such skeletons are buried across startups and what leads to such behaviour. Especially in the wake of what we saw with GoMechanic, Zilingo etc.

Frauds at startups

Business Operations

Company name - Chat360

It's pretty small and inconspicuous, but if I save even one person from joining this organisation, I will consider it worth it. Based on first hand accounts from 3 very reliable sources who are confirmed employees.

A very basic chatbot platform, being marketed as a Gen AI first product. They don't even have basic NLP and claim to be Gen AI. 

The founder & ceo is completely directionless. This is his side hustle, but while interviewing new hires he claims that he is the full time CEO (this is not true, he is barely available and always busy in his main business which is a car dealership) 

The co-founder is an IIT-grad, and due to the Founder's absence is basically running the show though he has zero business acumen. He constantly bitches about the founder to senior employees.

Of course, with such a toxic back story, it is hell to work here. No unity in the team, lot of back biting and bitching, public humiliation on WhatsApp groups, constant blame game. Basically, a shitshow. 

Do not, do not, do not join this place. Avoid it like the plague.

Toxic startup

Most startup’s are not founded with great altruistic purpose to elevate human condition. Most startup’s are founded where founders know they can make money or earn status points through little schemes of leveraging their network of investors. 

Most of them know they can earn more income by just raising some money from friends or VCs. Build a small tech tool and burn through money trying to acquire and retain customers. All this while hiring 100s of employees selling false narratives. 

What bugs me the most isn’t the thousands of people getting laid off, salary corrections or bankruptcies, it is the mafiaesque organisation built to “create wealth for some by exploitation of countless others” 

Most startup founders use brute force of content and media coupled with ignorance of people to perpetuate this cycle. 

It’s the virtue signalling and holier than thou attitude of most founders and VCs justifying all their mindless brutality in the name of strategy and growth which destroys aspirations and outcomes for the many. It’s more relevant in India because of large scale ignorance about money and large scale trust on educated individuals with the right college tags! 

If you have seen sopranos, most founders are like Anthony soprano - summarily violent, manipulative and ruthless behaviour primarily driven by selfish greed but juxtaposed with moments of vulnerability and struggle justifying his action with a facade of providing for his family. 

*Replace Anthony soprano with your founder/ceo name* 


1. VSS was playing fast and lose with rbi regulations resulting in stock crash and layoffs 
2. Byju’s systematically destroyed his own company and wealth of his employees just to ensure he retains majority control 
3. Ashneer G and his wife manipulated company books
4. Zerodha founders cheated in chess match or lied about their system failures which lost a lot of capital

PS: I refer to most founders because there are few exceptions who don’t fit into this narrative.

Startup founders are mafia bosses!

Incredibly myopic and pessimistic view. I'd suggest trying to be a founder yourself once before judging them. 
  
 Not every startup needs to elevate human condition, plus you still need money to make that happen. 
  
 Most founders don't actually earn much compared to jobs they could've had in companies. All you see is the flashy idiots like Kunal Shah and Byju. Not the bootstrapper shutting down their 10th project for xyz reasons. Because no one likes talking about their failures, and no one listens to people who fail. Only those who succeed.  
  
 You have a problem with the human condition buddy, not founders. Humans can be real shitty given the right kind of conditions. Everyone's fallible, even you.  
  
 If you think you can be a better founder than some of the names you mentioned, then you're only indulging in holier than thou behaviour, which you allegedly hate about founders.  
  
 I do agree with some of the things you said, but much of it is way off.

Generalist

https://entrackr.com/2023/09/rario-burns-through-120-mn-in-15-months-future-looks-uncertain/

Tell me no corruption was involved in this ;)

120 million USD gone in 15 months

Burnt through 60-70 crores per month (average) with 70 employees. Put the best combustion engines to shame.

Startup companies are shit..Anyone create a website and buy a .com domain call themselves a founder😂

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