Consultant

I should start being an influenza on LinkedIn. Seems like good money.

Founder

I wish I was a Linkedin influencer so bad ...

Software Developer

Welcome to Personal Finance's Private Community

Vedanta paying influencers to "highlight benefits" of its demerger. Way to influence your stock price 👏🏼

Analyst

Vedanta paying influencers to "highlight benefits" of its demerger. Way to influence your stock price 👏🏼- Grapevine

Oaktree is buying Vedanta OpCo bonds @13% - Anil is rejoicing. Someone told me he is wanking

Oaktree-Vedanta deal

Investment Associate

Average of below stocks can beat FD.

Any other recommendations except below (PFA) ?

High Dividend Paying Stocks List

Senior Consultant

Welcome to Indian Startups's Private Community

Important point to note is ease my trip is 2nd largest flights and Holiday booking app just after MMT and is fully home grown.

MMT has the Chinese investor as big  shareholder. IS THIS THE CONNECTION?
Link- https://x.com/ANI/status/1744263044031795483?s=20

Ease my trip closing Maldives bookings

He’s been involved in shady shit in the past is what I read on X. Personally I don’t really trust anyone who’s got a sudden “nation first” business idea for two reasons.  
  
 1) They see this as a PR move to win allies in the current regime or the social media warriors who are in huge numbers now.   
  
 2) As a founder / business you won’t really make a move which hampers it. It doesn’t make sense economically. I maybe see how this won’t be bad atm for the company considering majority of his user base are Indians and they will boycott Maldives as per them and this won’t affect his business hence.

Assistant Manager

Associate Product Manager

"Only when the tide goes out do you discover who's been swimming naked." - Warren Buffet

I want to appreciate Swiggy for whatever they've done in the last year. Everyone's had a tough time, and through the bear market (which we are still in), everyone lost valuation majorly. 

You need to have a super strong business to be able to maintain strength (given we're still not in a bull). When in this market, somebody almost doubles their valuation, it's a feat.

I know there's layoffs and everything that happened there too, but just happy to see all of this happen as an avid user and a small founder who's realized how tough it's been these last 1-2 years.

Swiggy's valuation crosses $10Bn again. After going as low as $5.5Bn last year. A small note:

Looks like a PR stunt to get attention. Thoughts?

Why are public listed companies licking BJP boots?

Program Manager

This came out of nowhere. Poor investments? Executive troubles? Both?

Honestly the investing team lacked grit and commitment towards a founder or an investment. In late 2019 they finalised terms with us while an international investor was leading the round, they pulled out last minute because some random fuck company raised 2X the amount of our round from tier 1 vc. Now that company doesn’t exist anymore but I guess neither the fund…me too can never be an investment strategy but sadly this is pretty much how Indian vcs think. We’re still alive and growing 😁

Growth Manager

I am thinking to invest around 1lakh on a p2p lending platform with secure interest rate thoughts about 12% club

Thoughts on 12% club

Mamaearth IPO: Fireside Ventures leads pack of early winners

Good analysis on returns by vc firms on Mamaearth ipo

Medikabazaar - Another B2B fraud found

Business Analyst

https://www.businesstoday.in/mutual-funds/story/theyre-fund-managers-for-a-reason-netizens-hail-mfs-decision-to-invest-in-mamaearth-ipo-as-stock-surges-407077-2023-11-24


Fund managers being praised for investment in mamaearth since the stock soared 35% in last 2 days

Who are these Netizens?

Web Developer

Meta Platforms, the trillion-dollar social media conglomerate encompassing Facebook, Instagram, and WhatsApp, witnessed a significant boost in its market value following a robust earnings report primarily fueled by digital advertising. The company's stock experienced a remarkable surge, reaching record highs and contributing to its trillion-dollar status. This surge added approximately $200 billion to Meta's market value, a sum comparable to the entire market capitalization of major multinational corporations such as McDonald's.

Meta Platforms Reports Stellar Earnings, Drives Stock Surge and Market Dominance - Insider99

Meta's stock jumped approx $90, we appreciate that, but then why do we criticize when Indian companies does so or try to do so?

Which stock and how much dip? Predict in comments

Hindenburg alert!

They found Aladdin’s Chirag and now will keep rubbing it.  
  
 This is fear mongering and market manipulation but neither GoI or SEBI can do anything.

Product Owner

Welcome to Software Engineers's Private Community

As everyone knows that zomato is now hiring 800 employees after two months of a mass layoff, and exit of senior profiles like VP and CTO.

Let me tell you the truth about the founder. He is an opportunist. He doesn't give a shit about the culture or any employee. The company is built on the death of many riders and cheating with low-wage workers.

Timing- Isn't it a bit weird that a company that did a mass layoff two months back is now hiring? Seeing that many employees got laid off from the top-tier company. It is a great time to employ smart folks as the hiring competition in the market is at its lowest. Or the mass layoff that happened previously was planned with the thought of hiring again next year with very little competition and desperate candidates. 

Layoff: In zomato, it's hire and fire culture. I have seen many of my friends leave even after performing well. Honestly, sometimes I don't even feel human. It's expected from employees to start their day early and go late at night. If you want to leave early (around 6 or 7), you should have a solid reason for doing that. Here code release happens late at night due to less traffic. So it's expected of you to be available all the time.

Incompetent Managers- I have worked with two managers here. Both know the existing system as they were once an IC building that system. The issue with these people is that they grew up the ladder because they were the only ones left behind in the team. They lack real-world system knowledge. I have previously worked at amazon, and I know the team lead level there. But here it's like jo ruk gaya vo raja hai. It's hard to work with these people as they lack proper estimations of the projects and at the end of the day. The ICs have to face the wrath of the product teams.

People who are planning to join the company. Please do join, as working 24/7 you would learn a lot in a very short period of time. Also, the culture is team dependent, so you might get a team with chill environment.

Reality check at Zomato

Welcome to News Discussion's Private Community

2022 has been the year of ESOP value destruction. Lets collect some real instances here. This silent but deadly phenomenon is hardly reported in mainstream media.

ESOP value obliterated

I have evaluated a lot of startups as part of my work. My approach has changed from being optimistic to being suspicious of a lot of founders, even before the process starts. 

The sheer number of founders that I come across that try to game metrics/play around with data to make the startup look good. 

Most commonly:
1) Completely changing the definition of margins, repeat rates, etc. and never clarifying that they are using different definition. 
2) Often giving rebates/discounts to key stakeholders but finding ways to hide it from their P&L so that it’s not visible. THIS IS SO COMMON - lot’s of them start showing revenues, and then you will see another cost item rising at the same pace, and lot’s of times it will just be money moving around
3) Sometimes completely giving the wrong picture of how their product works on ground. You then speak with their customers, and they describe something completely else.

Things like these are eating up the ecosystem. These founders also end up fooling some VCs, and then capital get’s kept away from actually good founders who have good intentions.

There was a recent major investment in the commerce space, and that is another one such example of a startup doing this. Needs to stop.

RANT: Founders who fake metrics

Opening a VC fund has become kind of a cool side hustle

With all these influencers trying to dabble with Early Stage Venture Capital- there's Shikhar Dhawan with his own sports fund. Tanmay bhatt announced one on his linkedin a few months ago. Even Mini Linkedin Influencers are doing this. 

Then there's a ton of founders who in the name of "giving back to the community" have started opening a syndicate/or even a fund. Angel investing is different. Common you are an active CEO of a company. Go fnking build it. Grow you income not your savings. There's a long list. Dont want to pin point people. The whole Mojocare fiasco was Because the founder was using fake revenues/inventory to angel invest!

What are your thoughts? I dont think they will survive more than a cycle.

Influencer VCs

Venture Capital

1. What’s the valuation at which buyback is offered? How low compared to last funding round?
2. Is this a buyback or secondary sale?
3. Upper cap on how much can someone sell?
4. Is everyone allowed to participate who has vested stocks?
5. Any other rules?
6. Are you happy?

Vedanta paying influencers to "highlight benefits" of its demerger. Way to influence your stock price 👏🏼

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