I worked in an Indian startup closely with CXO for last few years.
They are pathetic in any way possible. Tech is limited to crud, that too doesn't work. The pay amongst their inner circle is in no way justifiable. For reference, I know people getting US pay remotely and that too doesn't come close to some of them.
They hired a guy from a service based company with completely different tech stack and no product experience for 60lpa+ (I know this number because he drunk boasted about this once) as VP just because he was acquaintance. Now, this guy lacked basic human decency and tech skills. He didn't know things as basic as how to use git cli or how to talk to people. Every non-tech person that ever had to work with him called it quit. Even 4-5 year old employees (juniors being exploited mostly) that were there from inspection. He would ruthlessly "harass" them for his own shortcomings.
The head of sales gets paid more than what their profit after margin is.
They just keep on raising based on their IIT/IIM creds and connections and there's no business or problem that they are solving. Even the contracts they seem to winning is rather by pulling the strings, because the product or tech doesn't solve or do anything. Yet they're able to raise more again and again.
It kinda kills me and fills me with so much rage that there are so many of them similar ones out there. I could go on and on about all the things that I had to see working here for years.
Name and shame.
Exactly! Name and shame man. If not, at least give us hints. We know you worked closely and can be doxxed. But c'mon something to get the juices flowing at least
CBO is an ex-VC in tier 1 firm. Idk how it works but don't want to risk my future chances in startups they've dipped their toes in.
This is why I started my own startup. Tired of seeing idiots coming up with bad businesses and bad culture.
Regular folks can do much better than so called IIT IIM grads. Heard this one IIM grad who was a new PM at a famous startup, didn't know the difference between percentage and percentile.
More than the knowledge, these people don't even have basic ethics or common sense. I always encourage more people to startup and give these idiots some competition.
Was a vp/svp in an unprofitable soonicorn (ceo-1 role).
60lpa is not much for vp level unless there are 20+ vps in early stage startup (title inflation). Expected cash is 80-200 lpa. Esops on top
Yes ik it isn't much but there's a difference between a soonicorn and an unknown startup.
Point isn't VPs comp here lol but how they are operating and toxic environment
Oh man. I so much want this job. How to become an inner circle.
+1
For real. 60lpa is too little? I need to get in on these kinds of jobs
I know sometimes we refrain from saying too much about our company. But exes can usually be talked about, since there's not much holding back.
Maybe it helps someone else avoid a mistake you did, or gain a new learning :p
Shoot.
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