Product Manager

Welcome to Indian Startups's Private Community

Startups make you feel like you work at g but pays you lesser than swiggy delivery boy

Software Developer

Startups make you feel like you work at g but pays you lesser than swiggy delivery boy- Grapevine

Empathies with laid off people. 
Sometimes we are overworked and underpaid, then we are capitalist. We want the pay to match the work.  There should be a 4 day work week posts keep rolling. Offsite should be huge innit. 

But, almost all of us know when we are overpaid and underworked. 
We know when we don't do anything productive and when we get fired, we want labour laws and UBI. 

Most of us sit in AC office, drinking office tea want UBI, I find it abhorrent and embarassing. 

I was laid off a few years ago, and I cried and i cried. 
Then I did a bootstrap startup and my eyes opened  up  to what's real. 

Nobody owes anything to anybody in money. 
Never did, never will. 

Swiggy has an employee cost of 2000+ cr. Whereas the main parts of their ecosystem the drivers are paid 3500+ cr. 

Maybe they should have never hired so many people in the first place.

Capitalist on even, commie on odd

I recently worked at a startup and it was terrible. 

To be honest, I still worked at one of the better ones but it just sucked. 

Some of the clear downsides I see 

- Survival mode leads to chaos. You can be treated anyway and asked to leave whenever  even though you left big opportunities to be here 
- Brand loss to find next job (Big problem)
- Trying to make you feel unworthy(Doesn't bother me but I have seen people lose self confidence)
- Loss of opportunity to build real skills like building sustainable teams for the long run

I think over all working at a startup especially early teams is a losing proposition. Do it only if -
 - you know the founders/team well 
- you know the industry and market well and it is a bet you personally believe in
- you are secure enough in life that if you go back to your job, you will easily get employed 


For middle class kids, startups are the worst bets one can take.

Working at startups is terrible

Product Designer

Welcome to Software Engineers's Private Community

I am currently working at a startup for 1.5 years now and wants to switch. If swiggy has an opening , is it a good place to work at ? Also how’s the pay there ? But good work culture is more important for me.

How is work culture at swiggy ? And how is the learning opportunities for a software developer ?

I am not able to decide which one to choose. The Groww internship is guaranteed that if I perform well I will get PPO(15 LPA) and swiggy one is dicy if even it does have PPO. Since only one more month is left for my graduation, taking any of these internships will require me to leave the FTE offer. Any suggestions fellow developers??

I am fresher graduating in 2024. Having a Full time offer (8lpa) and intern offers from Groww & Swiggy.

All the Folks who are laid off, my sincere wishes for strength and support during these challenging times.
Swiggy is hiring for a few roles, I can help you with referrals. Anyone can write me up with the job profile at ahujahghg1@gmail.com 

Currently available roles:
SDET (19 positions)
ASDE (Backend or Android or iOS)
SDE2 (Android or iOS)
Data Scientist 2
Business Analyst (multiple teams - total 7 positions)

Swiggy is hiring

Technical Director

I've been in startups for the last 8 years. From Series B/C onwards to even a unicorn, over time worked at 3. 
One of them was an outright scam, raised many millions of $s from top investors, and then ultimately died. 
Also close with CXOs at decent sized startups, and there is a pattern out there. 

A few thoughts:
1. Being a startup founder is tough. There's pain. Some people thrive in pain. AKA Masochists. Know how to spot a founder who works 15 hours a day because they love their vision vs. somebody who works 15 hours a day because they're masochists. These people thrive in pain, and hence love to see you miserable as you slog away the hours under their leadership. 

There is absolutely no vision for the future that they have. They do it for the fame, money, and cause a lot of pain in the process. Nothing good comes out of it. Investors love this breed.
   
2. I wish I'd done more than just leave the scammy startup. At the point, I decided against whistleblowing. Because I thought there's so many people employed here, they would all be impacted. Over time, 200-300 people more joined after I left. Once the scam was caught, all of them lost their jobs.
   
3. I'm not a coder. I'm a generalist. Over time, my pay grew but not in line with my peers who went into consulting/VC and then came back to big tech/startups. Over time, you disadvantage yourself if you stick around as a generalist in startups for too long. The next team pays you at some premium over the last one, there's no step jump. 
You need to somehow find a successful startup early, and genuinely, that is impossible to game - even VCs have to bet on 20 to get it right.

These are a few disjointed thoughts. I hope they give some insight.
My only takeaways:
- If you work at a scammy startup, don't stand it. At least, don't stick around. 
- I earn lesser than my peers (tier 1 undergrad), but I regret nothing. I love my work, and I'll never get over the kick. I cannot imagine working at a larger company ever again.
- Ultimately, you have to be optimistic. Believe that India will grow, good founders will come around, magic will happen ❤️

PSA: What 8 years in startups have taught me

A startup with experienced folks and a well defined set of roles and responsibilities >>> one where we're all "a family"

Software Engineer

Founder

Welcome to Data Scientists's Private Community

What are the some best startups to join in data science role and what are their packages?
Exp: 1yr

Startups for data science

Data engineer

Welcome to Business Roles's Private Community

GV nerds kept fighting that tech jobs are secure and ireplaceable. 

2d back, i said to someone that u r safe until a senior intern(workex with low pkg) or AI can't replace u...saw that happening...swiggy replacing sdes 1-4 by ase from witch and senior interns.

🚀 If I would have been the CEO...I will charge a bit extra for swiggy one, raise few inr on platform fees and keep those employees safe. ( I got free swiggy one subscription from last 1y) 

Employees should be like family else why will anyone join them again? Put yourself in laid off employees with huge emis of home, car and may be Europe tour. They should provide therapy alongwith 3-6m severance also.

We have 100 people in TG group, can trend a hashtag like #DontJoinSwiggy at 9pm if all agree.

TG link - https://t.me/+GXhFavV_o78yMmE1

Swiggy Laid off ~7% Workforce

Senior Consultant

I work with Swiggy and as many of you already know the culture has become extremely toxic in Swiggy. Expectations of working 12-16 hours per day, be available on weekends, play dirty politics, blame other to save yourself , get really really aggressive, all of this with a constant fear of losing your job. The leaders are saying this culture change is required to achieve high growth targets for IPO.  They say a culture like this is required to raise the bar & keep people on their toes. But looking at Byjus it appears that this may help in the short run but eventually things fall apart. Employees are human resources not machines. But these toxic leaders don’t really care, as there is always some people available to replace the previous lot who left due to the toxicity. I really hope the leadership of companies like Swiggy open their eyes & realise this before it’s too late for their business. 

And people who are considering to join Swiggy. BEWARE. This isn’t the place it used to be. People have left within 1-2 months because of this culture. And nearly EVERYONE is looking out to switch.

Do extreme toxicity & inhuman working hours actually deliver growth?

Product Marketing Manager

Sharing frustrations with starting up a business. In my career I have raised over $30m over multiple rounds.

Co-founders in non-business roles get pushed out by politics. Sharing control with co-founders is messy, inconvenient, time consuming. Money lets you hire people who have to answer to you.

If you are not the main ‘Business person’ in a startup high chance you are disposable, no matter what skills you have. And it sucks to spend so much effort only to get bullied out and left with nothing.

Some investors will follow you on social media, if your business is not growing QoQ don’t post anything on social media that implies you are not working every weekend. They will ask why you are not working.

 If you are CEO, be ready for every random person to tell you how to run your business. Not in a ‘friendly advice’ kind of way, if you are the CEO you have a target on your back.

 Investors don’t know about your industry or have very dated knowledge. Some will just say random tips like ‘try web3’ or ‘try SaaS’ and blame you for following their advice when it fails.

 Your progress is measured against fraud companies who fake numbers, or the 1 in thousands who succeed. Get made to feel like you are failing to live up to super high expectations constantly.

 Employees work half your hours, off sick usuall one day a week, deliver next to nothing and expect 20% hikes every year because that’s what their friends make, or they read some dumb startup hires freshers at 20LPA. 

Smooth talking people with the same idea as you, no traction, never shipped a product in life, will raise a huge seed round due to 'pedigree' and spend it all on self promotion. You will always be compared to these clowns who find ways to lecture others while building nothing of value.

Dark side of starting up.

So much truth in everything you’ve written 
 “your progress is measured against fraud companies who fake numbers”  
  
 This has become just more prevalent over time. Confidently advice learnings from startups that are faking GMV or PMF metrics :)

Investment Associate

Investor

Welcome to Product Managers's Private Community

I have got offers from Meesho, Swoggy and Razorpay for a product role. Which is better
Salary is similar in all 3 so it is not a deciding factor

Meesho vs Razorpay vs Swiggy

I am seeing a lot of layoff related posts everywhere from news articles to LinkedIn.. Is the Job market really that bad now? Or just the media is projecting that way? 

If it's really bad, which department you think is the most affected? How's layoffs specifically in India? Or is it layoffs in US but more hiring in India due to cost cutting? 

Are layoffs in technology/engineering dept as in for developers or some other departments? Your thoughts please..

Job Market right now in India?

It is really bad right now 
 1. Layoffs in many of the companies, irrespective of whether they're a startup or a big MnC. 
 2. Almost everyone I know of wants to switch, because of no/less appraisals from last 2 years 
 3. Bad work life balance - people thinks switching might help 
 4. Too much competition for any open position. Because of too much supply, companies are low-balling and people would accept the offer.  
  
 Recruiters ghosting is too common. Even if you've killed in your interviews and recruiters get someone who's ready to join on less pay, they'll simply ghost you.

Welcome to Office Gossip's Private Community

How is the engineering culture, quality of work and work life balance at PhonePe?

PhonePe

IIT grad here building a venture backed startup. I think 99% of folks here believe that venture backed founders are super entitled and in a much "cosier" position than employees

Just sharing a few facts about our journey so far if it helps anyone improve their perspectives-

1) Paying ourselves 33% of our campus salary & 60% of what we are paying to our employees (Talking about Pure Base Salary here, not including ESOPs)

2) Insane stress - You basically have to raise money to build (esp if its deeptech because of the high fixed costs) and there are predefined metrics you have to always chase, sometimes just beyond yourselves. 

Your product will be copied if it's good because well, they always have more money than you. You work 7 days a week for insane hours, chasing metrics required to be "afloat" 

3) 99% of venture backed startups result in 0 liquidity gain for founders. So basically in all likeliness, everything is for a net negative return compared to if we took the campus job

So, when you wholeheartedly bash founders as if they are sitting On a goldmine while you are toiling for THEIR gold Treasure, just understand that more likely than not, there is not really any gold but rather an irrational hope they are clinging to

Also, Yes-we pay above market to our employees (100% hike for the last one) but the truth is some startups just Can't afford it. And ironically, there is a much higher looking down on these startups with meagurely paid founders rather than giants like Tech Mahindra paying peanuts to their employees while having a 1000% salary hike for the executives. 

Yeah, most startups need to do better but please appreciate if someone is atleast trying to do better because trust me, it's INSANELY HARD.. 

The number of posts I see about Flipkart making hundreds millionaires is way too less than the ones I see about pinpointing at every single mistake early stage startups do & I just wanted to express my opinion on it

Peace!

People way overestimate the life of founders

Oh no poor founders, they have to pay fair salary to their employees.

What is the current state of Jupiter, I have heard a lot of people from higher position resigning.
Pms are being fired that just joined recently, from Dunzo and from Swiggy.

A lot of people being laid off. 
Poor or no hike and not even deserving people got the promotion.

Their credit cards were seem just a scam.
Just burned of the funding in vain.
Data leak and privacy is a major issue.

I have heard wrong people are given the decision making power here.

Will it be worth if someone join Jupiter now for at least next 1 year ?
or just a miserable startup that just failed.

Jupiter Collapsing ?

they have gamified insurance for delivery drivers and they don't provide it if quotas aren't met

Rest of World spoke with 40 riders for Swiggy in India. Many described losing coverage when they needed help the most.

This delivery app takes away health insurance when workers don’t meet quotas

Swiggy, this has to be the shittiest move ever!

We need to have stringent labor laws in India for off-role as well as on-role ppl. We are just paying taxes and not getting aid when it is needed the most.

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