Being a founder myself I am confused about these happenings. We have companies like Wynk Music, Gaana, etc. which were quite humongous names but there sudden stop like this is making me feel queasy.
I understand few of the startups like Zomato, Ola, Nykaa, etc. are doing good but there are thousands of small startups closing every year and now big ones too.
I just want to understand that is there a huge fault line that I am not seeing or is there any other reason altogether?
If it's not profitable enough, it will shut, plain and simple.
Far too many big businesses depend on big loans and investments, which often dry up in a bear market.
Do not go by stock market performance, we are surely in a bear market in terms of economy locally as well as globally. Stock market will also catch up soon to that reality.
Is it a choice or a force?
I somewhere heard PocketFM leadership was forced to exit. Is this accurate? I am curious, why so many leadership exit in start ups(Upstox, Swiggy, Zomato, PocketFm etc). Good leaders are made to exit and bad ...
MNC worked but didn’t liked the culture. Thinking to work in a startup and hoping for a good culture. Work life balance can not always be good ik.
There are so many startups failing all around. Many which I thought were doing something great also have been duds. Some epic surprise failures would be dunzo, pharmeasy, etc. It looks like there will be many more such revelations in com...
Apart from a few good ones here rest are toxic-ologists 🥲. Startup ecosystem is rosy from outside only (folks who kn...
Of late, with Koo shutting down, Unacademy in the rafters, I've seen really intelligent, logical folks stand behind the founders of such moronic companies. Is the act of building shit, money burning companies with no use , more important...
