Back

Anonymous

A 30M USD+ funded startup just announced salary deferment for everyone above 6LPA for the next 6 months. Bridge round has collapsed.

Anonymous

Anonymous 3

Hey I am on Medial • 1y

Quite common, isn't it? A lot of early and even growth stage startups who were hoping to raise in 23/24 are doing this. Prime example is Dunzo. Salaries there were deferred by 6 months+. Imagine the plight.

0 replies2 likes

More like this

Recommendations from Medial

Image Description

Ambar Bhusari

UX Designer for User... • 5m

Its so satisfying to see Medial on ST. I hope they actually got what they were hoping to raise! Either way, more people will create accounts here.

1 replies5 likes
Image Description

Jeet Sarkar

 • 

Norton • 1y

During FY 2023-24, a total of 1,85,312 companies were registered with a collective paid-up capital of Rs 30,927.40 crore, according to the Corporate Affairs Ministry's information bulletin for March. Nearly 16,600 companies were established in March

See More
1 replies3 likes
Image Description
Image Description

PRATHAM

 • 

Medial • 4m

How Mota Bhai Killed Dunzo In 2016, Dunzo had a wild idea: “Why wait when we can deliver anything in 24 minutes?” It was genius BACK THEN. They didn’t rush into every city like headless chickens; instead, they went city by city, perfecting their ga

See More
21 replies13 likes
1

Vivek Joshi

Director & CEO @ Exc... • 1m

Excess Edge Experts Consulting highlights common pitfalls early-stage ventures face when seeking investment. Many founders delay addressing key issues, hoping to resolve them post-funding—often to their detriment. We frequently see: • Vague Vision:

See More
0 replies11 likes
Anonymous
Image Description
Image Description

My Startup Crypto Startup ->I am a crypto guy and know the huddles of the Indian crypto ecosystem. ->Startup Incorporated on Dec-23 to solve the problem. ->Launched Platform on Feb-24. ->Got 12 users in 2 months. ->Tried to raise funds for sale

See More
5 replies9 likes
2
Image Description
Image Description

Jaswanth Jegan

Founder-Hexpertify.c... • 12m

"The Hero Who saved a Airline Twice" Bankruptcy to Billions #6 Ajay Singh returns to save SpiceJet Ajay Singh Bought ModiLuft(bankrupt Airline) and renamed as Spicejet with three leased aircraft, and Rs 10 crore of investment.SpiceJet took off on 2

See More
10 replies8 likes
2
Image Description
Image Description

Adithya Pappala

Zero Fund-VC|Launchi... • 5m

Raising 5 Lakhs from Family is much better than Raising 5 Crore from Bad Investor Some times, Founders raise in excitement of posting that piece on LinkedIn. Here are 28 Signs of Bad Investors you must avoid: 1.Overly Aggressive Negotiations 2.Lac

See More
3 replies3 likes
3
Image Description

Biswajeet Sen

Founder & CEO | Fits... • 6d

Why Do Startups Shut Down? Here are the most common reasons (from multiple studies like CB Insights): 1. No Market Need (35–42%) The product or service doesn’t solve a real problem or nobody wants it. 2. Ran Out of Cash (30–38%) Poor financial p

See More
0 replies18 likes
7
Anonymous
Image Description
Image Description

What would you do if you were in my situation ? I'm 19, failed ideas, working on new one. Want to be rich, give best lifestyle to parents, become strength of my family, I like to enjoy pain & sufferings of life, I take biggest risk, want to see my m

See More
15 replies34 likes
10
Image Description
Image Description

Thomas D

I discuss funding st... • 3m

Less than 1% of companies secure venture capital 💔—and even among those that do, many struggle to raise a second round. After reading Lenny Rachitsky’s latest article on raising Seed rounds, I wanted to distill the most valuable insights from top f

See More
13 replies54 likes
76

Download the medial app to read full posts, comements and news.