A friend is pretty upset about where they are working. They feel a bit cheated with the #edtech company not growing as the founders kept promising them. The company has reversed its initial growth and is now not sure of the next steps.
They were largely into giving charters instead of degrees and their pandemic success has disappeared.
They are wondering if they should cut loss and jump ship before the company shuts. Or should they sink with the team?
The founders are pretty cool guys outside. With a good reputation. But they haven't been able to scale the company and promises have dried up.
I wish I could reveal the name - but I don't want to affect anyone or point at anyone else. But my friend is really traumatised and has lost interest in work and is given new roles and responsibilities every week at '_t_a'. And everyone else is demotivated and upset with how the founders seem to cut their losses by doing secondaries but they can't do a thing! Even the investors don't seem to care much.
My friend and a few others plan to take this up with the founders on Wednesday. And there is an internal revolt going on.
Hmm Stoa.
if you believe in founders then stick to the company but only for a few months, don't waste too much time, layoffs might happen anyway, so be prepared
They are Doing that since months now. The founders said they are doing crores of revenue per month. But can't pay promised bonus and keep showing failures on employee part to not give bonuses.
Reputation alone doesn't build businesses. Time to jump ship, founders will understand too.
Jump ship. No need to put company or founders before themselves. The work culture etc maybe cool, but they don’t have what it takes to succeed unless a total overhaul happens. I have myself done the mistake of putting early stage companies where I worked at, before my own interests. Big mistake.
My advice would be that you should _**@___ad!
A lot of people at Unacademy have already resigned, and they are unable to hire replacements from the market( for who knows what reasons). Now as we all know people who are left in the organisation are going to have a tough time.
Leave...
This could probably be a rant. But I came across this post, and I am stunned that they expect folks to pull through night shifts on Sundays and alternate Saturdays! A Friday off seemingly posed as a favor to the ones applying!
In my e...
What would you do if you are part of an early stage company but the founders lack clarity and vision ?
The problem they are trying to solve is exciting but there is lack of strategy and focus.
Anything that an employee could do to help ?
