Startup Shuts Operation on 1 day notice
It's gonna be long thread.
I have been working as lead engineer in a early stage startup since last one year.
Founder (20 years exp in Product Management) raised some money from friends & family to start
Atleast one year runway for all expenses of founding team and have buffer for additional hiring which may happen alongside.
And right time to start prepare for or switching to another company would be when you know only 6 months runaway is left
Doodhwala, an Indian startup for milk and grocery delivery, failed due to several critical missteps. The company faced persistent 𝐧𝐞𝐠𝐚𝐭𝐢𝐯𝐞 𝐜𝐚𝐬𝐡 𝐟𝐥𝐨𝐰, with expenses exceeding revenues due to high operational costs and excessive marketi
I am 21 , working remotely from tier 2-3 ish town getting 1L/pm in-hand live with family have zero expenses but i can follow two career paths
- be better at what I do and keep getting better offers and switching companies for life...
- join my da
I applied to a company, went through all the interview rounds, and was selected. However, when I was expecting to receive the offer letter today, the HR informed me that they don’t need additional developers at this time. As a 2023 graduate, this has
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3 replies4 likes
Inactive
Stealth • 3m
Delhivery's Dark Store Revolution in Quick Commerce!
How is India's logistics giant shaking up the quick commerce game?
👀 Here's the scoop on Delhivery's bold new strategy:
→ New Offering: Dark stores for quick commerce companies
→ Unique Approa
As a cloud kitchen owner, I’m raising awareness about the challenges we face on delivery platforms like Zomato. They charge a 30% commission per order, and with an additional 10% government tax, we’re left with just 60% of the order value. From this,
What Defines Success? Education vs. Financial Stability ✨
In today's world, we often measure success in different ways. Here's a scenario for you to consider:
Person A has less education but earns a higher income compared to a MBA graduate. They ma
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4 replies7 likes
Vrishank Raj
Stealth • 6m
Let's understand Bridge round today 👇
- Bridge rounds are funding rounds that can help startups “bridge” the gap between two major funding rounds.
- Startups seek different types of funding from investors. For some entrepreneurs, the initial seed
Gross margin is crucial for startups - but what is it exactly? ( Let's Discuss How You Consider Gross Margin )
Gross margin represents the percentage of revenue left after paying for direct costs associated with producing goods or services. It's ca
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Tushar Aher Patil
Stealth • 25d
Day 10 About Basic Finance and Accounting Concepts Here's Some New Concepts
3. Contingent Liabilities
Contingent liabilities are potential obligations that may arise depending on the outcome of a future event. These liabilities are not always guar