I will not use Paytm if VSS quits
I actually believe in a better India from the bottom of my heart where individuals who were not able to crack top tier colleges (IITS/IIMS/BITS) at a young age can still succeed in life on a comparable level, even when it comes to startup culture and raising funds.
Everyone of us has seen their seniors struggle to raise funds just because they are not from prestigious colleges even when they have supplementary skill sets and I personally would like to break that mindset and would like to be PARTIAL towards products if they are built by NON-PRESTIGIOUS college alumni.
I personally want to promote billions of dollars worth of businesses in India with alumni from every hardworking and smart working background and not just for the so called top colleges which only pushes unnecessary competition resulting in nothing but results equivalent to a lucky draw.
I am biased because I believe indians need it to feel secure for starting their own venture one day and everyone should try with confidence that their product will speak more than the founder's name.
Everyone deserves better
I don't think PayTM issues have anything to do with college tiers. You're overthinking, it's not that deep. Financial fraud happens everywhere!
I echo your thoughts in the sense that VSS is one of the best founders the ecosystem has today. He comes from humble backgrounds, has had a tough building journey, but his optimism and consumer understanding has always stood apart.
I also think the current situation is very removed from a question of Tier 1 Tier 2 Tier 3. What hurts more is I feel they made mistakes as an org in taking official rules seriously. I hope they come out of it strong, and that the Govt does not unfairly prey upon PayTM (if that is the case, not saying it is)
This... This is important, people supporting humble backgrounds, understanding the building journey of new founders, the risk of not knowing how to build wealth and also the strength it takes to be optimistic in trying times.
Many Indians can't do it and are then left at the mercy of big conglomerates to give them. Job of merely 40k a month
DCE is not a tier 3 college dude 😎
Use brain 🧠
It's not the highest tier 1 college either
To mat kr 🤷🏽♂️ konsa upkar kr rha
Country rules® >> Paytm/VSS
Abey.
He is alleged to have laundered money. 1000s of accounts turning over crores from a single PAN. Ask non-Tech Paytm employees or ask any Compliance/Legal people how stupid the systems in Paytm were. Plus who knows, he might have been funneling Chinese money through Paytm for other use.
And we don't even know of lapses in consumer money. Deposited wallet money might have been gambled away in their ventures. Savings of common folks would have gotten wiped out.
RBI is not stupid to give them 20 warnings over 3 years and then suspend their operations.
Kisi bhi cheez m emotion mat ghusao. VSS and humble is moronic statement at best. He might be headed for Jail if this drags out.
Is it true? Link me articles on Money laundering Aisa to kuchh nahi dekha.