I am Thankful to the funding winter it has revealed true colors of so called Founders, who would not stop talking about culture, Growth, scale etc on Twitter and LinkedIn
Take Byjus, for instance, they claim to be revolutionizing education, it's all a facade! All they care about is squeezing every penny out of parents' pockets. Putting large amount of people in debts they didn’t even signup for.
And let's talk about Dukaan, shall we? The absolute 🤡 of a founder with zero empathy( 90% staff laidoff and the guts to project it as some AI ML innovation)
These startup founders have lost touch with reality. They've become obsessed with valuation and funding rounds, completely forgetting the essence of why they started in the first place. It's all about becoming the next "unicorn" and impressing investors, while the customers and sellers are left in the dust.
Gone are the days of genuine innovation and passion for solving real-world problems. It's all about the money now, and they don't care who gets hurt along the way. The startup ecosystem has become a rat race, with everyone trying to outdo each other and sacrificing ethics and integrity in the process.
It's sad to see the true colors of these startup founders shining through, and it's high time we demand more transparency, accountability, and genuine value from these so-called "disruptors." Enough with the facade,
At the end all these founders will get an exit with generational wealth, the employee and people who have built it will be left in Dust.
My laanat to all such founders and company. May the boat sink and hopefully someday we have accountability in place for these people.
Adding to this: The employees are also going through a similar phase. People with bare minimum experience wants a ton of money. They don't care about building products, but hop and join companies for more money.
Not really, people have realised their right worth, you can’t have people slogging for 30k all the time. GenZ and Millennial are more aware of their needs and worth. If you expect employee to work as owner, then there should not be complaints of paying well.
Employer would pay you higher salary and dump you as their whims, then it’s fair that people don’t hesitate to jump ships if they get better opportunities
Dmrt ka shopify ! Prying on gullible youngsters by giving them a false sense of startups. Show off!
True, those youngsters end up making the job their entire personality because these startup bro make them think “hustling” is only way to live
I hope talented folks at Dukaan end up at better place.
Any publicity is good publicity m! Thats what i coiud see in n them
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