Most startup’s are not founded with great altruistic purpose to elevate human condition. Most startup’s are founded where founders know they can make money or earn status points through little schemes of leveraging their network of investors.
Most of them know they can earn more income by just raising some money from friends or VCs. Build a small tech tool and burn through money trying to acquire and retain customers. All this while hiring 100s of employees selling false narratives.
What bugs me the most isn’t the thousands of people getting laid off, salary corrections or bankruptcies, it is the mafiaesque organisation built to “create wealth for some by exploitation of countless others”
Most startup founders use brute force of content and media coupled with ignorance of people to perpetuate this cycle.
It’s the virtue signalling and holier than thou attitude of most founders and VCs justifying all their mindless brutality in the name of strategy and growth which destroys aspirations and outcomes for the many. It’s more relevant in India because of large scale ignorance about money and large scale trust on educated individuals with the right college tags!
If you have seen sopranos, most founders are like Anthony soprano - summarily violent, manipulative and ruthless behaviour primarily driven by selfish greed but juxtaposed with moments of vulnerability and struggle justifying his action with a facade of providing for his family.
Replace Anthony soprano with your founder/ceo name
PS: I refer to most founders because there are few exceptions who don’t fit into this narrative.
Incredibly myopic and pessimistic view. I'd suggest trying to be a founder yourself once before judging them.
Not every startup needs to elevate human condition, plus you still need money to make that happen.
Most founders don't actually earn much compared to jobs they could've had in companies. All you see is the flashy idiots like Kunal Shah and Byju. Not the bootstrapper shutting down their 10th project for xyz reasons. Because no one likes talking about their failures, and no one listens to people who fail. Only those who succeed.
You have a problem with the human condition buddy, not founders. Humans can be real shitty given the right kind of conditions. Everyone's fallible, even you.
If you think you can be a better founder than some of the names you mentioned, then you're only indulging in holier than thou behaviour, which you allegedly hate about founders.
I do agree with some of the things you said, but much of it is way off.
Can confirm I worked for a bitsian startup called Legistify as an intern, the experience there was beyond anything I’d imagined, i was literally called, “tumhari stipend jitna hai utne ki mai sutta phukta hoon”. “I don’t give a fuck intern kya kaam kr rha” and all this time I was like bro why did you hire me then ?
I have multiple disturbing things about this organisation, will probably write a detailed post someday
I wish I could write more but I know it doesn’t matter. It is what it is. I hope people build resilience to see through bull shit narratives.
It's the greed/dark stuff that motivates them to take risks/courage. Have u ever seen someone take risks for helping people? There is no output/returns. It needs lot of strength. So.. all the things out there are made out of greed. You'll find the things made with good intentions either in a corner, broken, or killed cause it'll reduce someone else's earning.
Then there are saints like me who make things for fun and make it free. Another powerful saint was the creator of Linux. There are plenty bud, just they won't be in the forefront.
Saint = artists who make for arts sake.. then giveaway
You sound like Tanmay 😅
I am so frustrated by observing how some Indian startup founders have been mistreating employees. This is happening literally in all the startups and corporates.
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I guess it's similar to the recruiter/candidate dynamic. Both want different things but can't do it without the other.
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 educa...
Their head of AIML left too, a week ago ☠️
Adding to this: The employees are also going through a similar phase. People with bare minimum experience wants a ton...
IIT grad here building a venture backed startup. I think 99% of folks here believe that venture backed founders are super entitled and in a much "cosier" position than employees
Just sharing a few facts about our journey so far if it ...
Oh no poor founders, they have to pay fair salary to their employees.
You sir, are an eloquent individual. Somebody needed to say this!
My questions to founders (not to you): 1 why fire people instead of founders taking salary cut which they dont? 2...
