I am Thankful to the funding winter it has revealed true colors of so called Founders, who would not stop talking about culture, Growth, scale etc on Twitter and LinkedIn
Take Byjus, for instance, they claim to be revolutionizing education, it's all a facade! All they care about is squeezing every penny out of parents' pockets. Putting large amount of people in debts they didn’t even signup for.
And let's talk about Dukaan, shall we? The absolute 🤡 of a founder with zero empathy( 90% staff laidoff and the guts to project it as some AI ML innovation)
These startup founders have lost touch with reality. They've become obsessed with valuation and funding rounds, completely forgetting the essence of why they started in the first place. It's all about becoming the next "unicorn" and impressing investors, while the customers and sellers are left in the dust.
Gone are the days of genuine innovation and passion for solving real-world problems. It's all about the money now, and they don't care who gets hurt along the way. The startup ecosystem has become a rat race, with everyone trying to outdo each other and sacrificing ethics and integrity in the process.
It's sad to see the true colors of these startup founders shining through, and it's high time we demand more transparency, accountability, and genuine value from these so-called "disruptors." Enough with the facade,
At the end all these founders will get an exit with generational wealth, the employee and people who have built it will be left in Dust.
My laanat to all such founders and company. May the boat sink and hopefully someday we have accountability in place for these people.
