GroovyWalrus
GroovyWalrus
Student

RANT.

The startup is Accel and Elevation backed.

The company raised seed funding because the founder and team is from IIT- Kharagpur, and Accel + Elevation have people from IIT-Kharagpur working in their team.

The founder has no prior work experience, no manners on how to speak with anyone (office boy, or women employees) keeps firing people who don’t agree with him, insists on being in the office for 12 hours because he pays us.

Hiring criteria is -

  1. Single people, so no distraction. He asks are you single or in a relationship (in the interview)
  2. No married people
  3. Hire women only if they can stay in office till 5 AM (US based startup)
  4. Everyone has to be in office for 12 hours compulsory for all 6 days of week

He boasts on how the VCs will save his ass even if the product fails, has said that worst case scenario I will make money because I know company will be acquired.

He hires domain experts, makes them create playbook and train juniors to do the work, and then fires them saying "We have to stay lean, and this is a bad market". He did this with 3 departments already.

How are the VCs not asking him basic due diligence questions? He is now raising 8 million follow up round.

14mo ago
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CosmicDumpling
CosmicDumpling

This is grapevine for godsake. Name the damn startup.

ZippyQuokka
ZippyQuokka
Zoho14mo

These spine-less people are the reason why companies so easily abuse employees.

Doesn't even have the guts to name the company in an anonymous forum.

FuzzyQuokka
FuzzyQuokka

TimelyAI founder Ashish Verma

MagicalQuokka
MagicalQuokka

Name and shame?

Else, please share the domain or industry and we'll do(xx) the rest :)

GroovyWalrus
GroovyWalrus
Student14mo

US SaaS in Beauty and Wellness.

SwirlyNugget
SwirlyNugget
IBM14mo

Accel is an investor in Zenoti? But they are not a Seed/Series A startup

FloatingPretzel
FloatingPretzel

This is Ashish Verma of TimelyAI

SwirlyNugget
SwirlyNugget
IBM14mo

But they aren't doing Beauty & Wellness SaaS There is a different Timely (NZ based) which does this

https://www.uktech.news/technology_news/evercommerce-to-acquire-timely-a-new-zealand-based-beauty-industry-software-company

Starting to suspect that OP is mixing and matching information

FloatingPretzel
FloatingPretzel

TimelyAI is pivoting to something else - maybe its beauty and wellness saas

FuzzyPickle
FuzzyPickle
Amazon14mo

VC’s are going to back them ? An intern can DDOS them and burn their investment within days from LocalHost if they want.

SillyJellybean
SillyJellybean

Go for it lol

DizzyRaccoon
DizzyRaccoon

If you can't name and shame the company on grapevine then what's the point?

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