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
A platform where any person can share his salary and if he shares his monthly expenses, then the system will prepare his monthly saving and investing budget for him by the use of data analyst and ai
Struggling to budget your rent? A good rule of thumb is to keep your rent at **30% of your monthly income** or less. This ensures you have enough left for savings and other expenses!
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Vishu Bheda
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Medial • 9d
Keith Rabois: “I tell founders not to worry about runway. Worry about lift.”
Runway (money/time left) is just a tool to achieve lift (traction & growth).
But if extra runway doesn’t help you hit traction, it’s useless.
Don’t raise funds just to “
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 • 6m
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,
In 1991, India just had just enough money to run expenses for 15 days. We were last in terms of PPP.
Then came Manmohan Singh. He got 500cr loan by mortgaging India's gold..
Implemented Liberalisation, Globalisation and Privatisation ie Simplifyin