Bangalore23mo
What actually happened at Gomechanic
Curious to know what exactly they did to inflate the revenue and lower the cost. It's easily trackly by reconciling cash flow with pnl. This must be known to their sr. Employees and Investors.
SparklyMarshmallow
Gomechanic saga
Curious to know how they inflated the revenue and lowered the cost. It can be easily caught by reconciling cash flow statements with PnL.
23mo ago
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SleepyNugget
Amazon23mo
Not sure about the details. But as a customer I knew that their service quality was very poor. Which is surprising because service startups usually deliver delightful experiences for the same/slightly higher price.
The metrics/revenue faking was ofcourse the bigger choker though
SparklyMarshmallow
Stealth23mo
Anyone from their team help me understand
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Curated from across
Indian Startups16mo
Big if true, given Meesho’s scale
I know this might be a one off, but even if they are close to profitable/break even quarters, this can become a strong business
Top comment
I dont trust a single words come out of the CXO’s mouth in case of startups. All bullshiting and hyping