Be it about investors, co-founders, hires, freelancers, family, or yourself
One thing.that founders will never share is about the different loopholes used by Indian startups when It comes to esops vesting. They have various tools to change strike price and make them worthless. Also while normal employees keep waiting for buybacks/IPO so that their paper wealth can turn real, founders have access to several secondary sales, so they keep raking in the money. Also most of them route their personal expenses through the company and then claim that they are taking 0 or very less salary to show their sacrifice. And expect employees to show the same sacrifice when it comes to hikes.
Also another aspect that people don't notice is that an average startup employee takes more risk than a founder
The founder takes less risk and get more reward than a startup employee imo.
These are my observations while working at Yubi. I am sure people at other companies might have seen different experiences so don't let my exp paint the startup sector jobs badly
Why would they reveal it here too ?
HR 's sleeping with founders is also superb. Have heard so many stories of founders making hot college colleagues or girl friends HR into the business.
Hey Folks,
Many kind people in and outside Grapevine have expressed interest to work with our small team.
We don’t have any open roles just yet but may have a couple coming up in a few weeks/months.
Just wanted to see if some...
Is there a massive information asymmetry among VCs as well ? What is the level of fluidity in the system when it comes to information sharing ? What is the extent of damage, a few VCs opinion of a startup does to the start-ups fundraisin...
Team is less than 10 people still, slowly growing. Net profit could be higher, that's top priority to work on now. Total cash invested by founders was 15L over 3-4 years.
Yearly revenue :
2019 - less than 30k 20 - 1.5L (after piv...
We’re at about $400K bootstrapped with a team of 2 (me included), started in 2019. Revenue almost doubled in last 18 ...
With so much going on in the startups scene and companies going in any direction (Think Dunzo, Byjus, Dukaan, etc from recent memory), how exactly should you judge a prospective company from the outside?
Tips appreciated
Sada shukriya ...
