Just got super curious
Sad state of affairs. Looks like an excercise to remove the people that the founders don’t consider as good enough for their shallow elitist clan culture.
The affected folks are actually not going to make any impact to the runway. There are many very high cost, business irrelevant and skill-less people still there who are just not adding to the business. But since they are in the founders yes-people list, still there to continue the “who ever wants to leave can leave, who stays with us will party” gang.
This one was such a cheap inhuman way to treat anyone who trusted the company and joined. Just bad!
Clueless founders, panicking investors, dead market and garbage product. All combine to create these situations.
Revenue at 21 Cr, losses at 249 Cr.
Modern gimmicks to show frugality to investors when actual business suffers.
Showing better margins, lower costs so that top management and executives can take home bigger bonuses or increase the value of their equity. It's all just business, they do not truly care about the employees.
Heard that they had 7 floors and now only one floor left. 1300+ peoole let go in 3 months
In Jaipur they used to go to the market and dump goods to wholesalers and claim it’s social commerce lol
Signboard ka D jalna band hogaya tha beech me 😂
Tiger, Elevation and Matrix backed fintech startup has started layoff. CTO has left and they have started firing in business roles with the largest cuts in tech.
It only raised funds and became a product because the founders were in matrix partners. Never would’ve been funded ot...
Aaah, my cousin worked here. I am not suprised. Run!
What is jodo?
Almost every founder these days is lying about or in fact just plain wrong about their runway. How to actually evaluate this as a prospective employee?
This is very crucial as a 2 year runway might just be a 1 year runway practically.
Runaway from runway liars!
