No More Layoffs at Paytm
Law of karma , vss learnt this really fast.
Thanks to Shakti of RBI.
Those who trust such statements 🤡
Akash Banerjee linked his CNBC interview during their IPO (2y ago). VSS talked very arrogant, annoyed and rude to the CNBC anchor, who was frankly asking a reasonable set of questions. The way VSS loses his cool and demeaned him, imagine him in office with hisown employees during meetings.
I am very wary of smooth talkers but rough breed like VSS and Bhavesh, they can be a different level of aggressive rude liars.
In 2024, everyone wants to be like Trump
I've heard him being a borderline psych with his direct reports. Which then flows down to their reportees and so on. Culture is pure toxic inside the firm. I'm happy seeing this. Hopefully this event changes a bit of how they treat us, the employees.
To All the founders who are making generic comments how Indians love seeing people fail - no we just love being right. This was eventually going to happen some day.
To people who call founders names : understand that we are all born out of the same culture of jugaad. We appreciate jugaad as employees, VCs and founders. We have glorified it so much that people doing their work properly are thought of as slow buffoons.
The founders who are reacting with terms like scarcity mindset know that there is a problem with jugaad like byju and Paytm methods to scale their business models, but that is what the money and people in Indian startup ecosystem want and support. They are not just irritated with the fact that hard work is all being generalized with PayTM but also with the fact that they were advised and funded only to take the jugaad way out and now that is being labelled as wrong and crime.
Call him whatever you want, but he is way better than most of other Indian origin CEO’s. Mistakes happen, but at least he is bold enough to take full accountability and take steps to rectify it. No matter what the current situation is, Paytm has to be one of India’s biggest tech first company. It is a household name now. This too shall pass for Paytm.
And mocking Paytm does no good to anyone. :)
