I'm seeing so many posts where startup employees are cribbing about things like layoffs, work culture etc etc. Doesn't seem like they have perspective on everything it takes to build a startup. I've built a failed startup myself and have immense respect for founders who are grinding it out there in such difficult recessionary circumstances.
And then you have so many of the engineers and PMs cribbing about basics without talking about important things like learning growth, building for the future etc. Why such myopia? I work at a big tech and envy the speed at which startups move, the big responsibility everyone gets to handle, the fast career growth. All these things are being cribbed about. They crib about founders wanting more. Their job is to ensure success, not to give lifetime jobs to entitled people. They have more headaches you can imagine. In my small startup I had a million headaches. I can only imagine how hard it must be to run larger ships. Is everyone joining a startup these days looking for a get rich quick scheme?
If you can’t run a business that lets people have a normal life then you’re the one who thinks they’re entitled to employees. Businesses must take risk, employees don’t. Stop your whining that people won’t support shitty business plans
Why work at a startup if you want a normal life? The problem is wanting everything without wanting to make sacrifices. College toppers also give up on a lot and don't have a normal life. Startups are like that. And folks without ambition shouldn't even join them.
All jobs need to be decent. We can’t say “these jobs are hell on earth” If a startup is so mismanaged that it’s bad for work life balance for the employees it’s unlikely the founder is smart enough to run a focused product that’s going to be successful
entitled? that's cute :)
Let me tell you what 90% of Indian startups mean -
Most founders are emotional babys who only care about their topline and valuations and regardless of how many employees they burn through in the process.
You want risks? try joining a startup as an employee. You'll have bills to pay, won't get time for your life and loved ones and at the end of the month, get paid peanuts if at all your founder hasn't pulled some shady stuff or fired you with no severance.
We did it again, we let yet another startup founder whiner troll juice grapes at our BP's expense. This BDSM enjoyer wants to crib about Amazon, but says hasn't got a job in 6 months at a startup. Either he sucks or either nobody thinks he's worth the Amazon moolah in his favoured startup. Some dude made a post a while back about startup salaries being unaffordable. Abay yaar capitalism hai, Darwinism hai. Agar tumhara startup sach mein itna faadu hota toh Zerodha choddo, ek quarter profit to book kar hi Diya hota. There's plenty of peeps who'd love to work for a profitable company. Any startup founded who hasn't booked a profit should not come and gyaanchddo about what us peasants should do with our lives. No tumko koi puruskar nahi deraha for raising capital and running a startup. Mere neeche wala panwadi tumse zyada PAT thokta hai
Bruh, being profitable company is not enough. I've been looking hard for people who can take ESOPs and equity because our salaries are low and we can mostly afford just part timers at the moment.
No one cares about ownership in the startup they work at, at least 80-90% of entry to mid level folks would prefer fixed comp over anything.
Also, booking a profit isn't that difficult either. It's staying in profit and growing net margins over time that's the real challenge. Requires much more focus on unit economics and discipline.
We're a risk averse society, if one is joining a startup it's embedded to expect more in return for the risk of founder running out funds getting us laid off.
Plus most of founders are extra partial to their c suites, one founder recently hosted runway extension party with their circle, spilling Champagne, gulping Macallan AFTER laying off poor devs.
😔
Wow, the ludicrous tone deafness this post is. Horrifyingly similar to the low IQ, nepotistic founder I last worked with, pappa aur unke founder doston ka paisa khatam ho gaya jo Amazon join karna pada? Go watch, 'The Dropout', would seem autobiographical to your self conceited, narcissistic self.
Ex-Amazon here. Most Amazon employees for some reason look down upon everyone thinking only they are the best in tech. Don't trust me, go to blind app and find the posta about Amazon culture
I trust you, wo/man. Not a techie so definitely news to me but I've seen similar behaviour in consulting. People at MBB feel that they are God's gift to humanity, they conveniently forget that they licked so many asses clean to get in, and have to do it on a regular basis to get staffed on new cases, all while puking BS on slides creating 50+ versions of them (just so they look more beautiful) and delivering little value for clients. Once I discovered this, I ran at what Mr RaGa would say was Jupiter's escape velocity.
We crib about what we don’t have. It’s not that complicated.
Employees in startups crib about WLB because they don’t have it when they compare it to their peers.
Founders of startup crib about funding/growth/employee compliance when they compare it to other startups/corporates.
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.
Many of us invest their precious time and money obtaining degrees, only to...
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...
I have been through ups and downs in IT, but these layoffs seem crazy. There is just no pattern to it, more like everyone is firing let me fire.
Honestly I feel its high time Tech companies, Startups take a hard look at their business...
Everyone keeps blaming and shaming startups saying that they deserve to go through hell if they don't post profits, the same people boast about their high salaries which have become possible only due to these startups coming up in the fi...
