DerpyDonut
DerpyDonut

JODO - Silent layoffs Started!!!

Tiger, Elevation and Matrix backed fintech startup has started layoff. CTO has left and they have started firing in business roles with the largest cuts in tech.

  • Bad product fitment and loses money on every account
  • Core team has started leaving
  • Even got an opportunity to see their office space available for rent
  • Classic case of poor culture and no actual product
  • Founders travel to USA/london on trips
  • Horrible place to work as a girl

Got this from one of their devs.

STAY Away!!

7mo ago
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GigglyBanana
GigglyBanana

It only raised funds and became a product because the founders were in matrix partners. Never would’ve been funded otherwise.

Frontrow, Jodo, Zilingo tells you a lot about VC mafia mentality. Worst part is , even if you burn money and fail, you are welcomed back in a fund with open arms, unless you’ve done criminal activities with that money. True Entrepreneurs who actually work hard and fail don’t get this luxury.

DerpyDonut
DerpyDonut

Very well said! They truly didn't have the ability execute and delegate

ZippyCupcake
ZippyCupcake

IDC if VC is paying me 1M year I’d work meanwhile work on idea use that money to fund as “second time founder”😌
smartest entrepreneur have innate qualities to make situation turn into their favour.
It’s rare and deadly with fine execution!

SquishyBanana
SquishyBanana

What is jodo?

DerpyDonut
DerpyDonut

A fintech startup in the education space

ZippyCupcake
ZippyCupcake

Two red flags 🚩😭🤣

ZestyDumpling
ZestyDumpling
Meta7mo

Aaah, my cousin worked here. I am not suprised. Run!

SleepyBanana
SleepyBanana

Travel to US & London unofficial trips? 😨

DerpyDonut
DerpyDonut

Raising for wrong reasons

SqueakyBurrito
SqueakyBurrito

The dark knight rises

BouncyPotato
BouncyPotato

They are really weird people

GigglyBanana
GigglyBanana

Please elaborate

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HealthifyMe is the Startup. They are having other PR articles to cover this shit now

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