Founder - Burn Inves...Ā ā¢Ā 1m
What Really Happened Inside GoMechanic GoMechanic started out like one of those startups that people genuinely believed in the idea made sense helping car owners get reliable servicing through verified garages all managed online It was simple and more importantly useful. They raised a lot of money early on big investors like Sequoia and Tiger Global backed them and at one point the company was valued at nearly ā¹3500 crore it looked like things were going really well on the surface but by early 2023 cracks started to show. They were preparing for a fresh funding round as part of that investors began looking into the companyās financials just a routine check nothing unusual but during this due diligence things didnāt add up the revenue numbers seemed off some garages listed on the platform were not even real it slowly became clear that the company had been inflating growth to appear more successful than it actually was. Before things could get out of hand one of the founders Amit Bhasin posted on LinkedIn he admitted the mistakes said they have made bad decisions and took responsibility for it that kind of public admission is rare especially when there was not any legal or media pressure involved at that point. After that everything moved quickly most of the staff were let go investors backed away eventually the company was sold off in a distress deal. The sad part? It was not the idea or the product that failed customers liked the service it was internal choices that brought the whole thing down chasing numbers, weak internal checks, and trying too hard to impress investors instead of fixing real problems. The GoMechanic story is a quiet reminder that no matter how exciting a startup looks from the outside what is going on inside matters way more than most people realize.
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How Volkswagen Made 50,000 Competitor Mechanics Apply for Their Jobs So The story dates back to 2011 when Volkswagen was looking to hire 1,000 mechanics in France. The problem? The top talent was already working for competitor companies, and there
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Housing.com - A Startup That Could Have Been So Much More Housing.com was one of the most talked startups back in 2014/15 started by a group of IIT Bombay students it had a fresh idea make house hunting in India easy, clean, and online. Investors l
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You only get what you deserve; saying someone was lucky is not the correct way to put it; they were in the right place at the right time, so they deserved it. someone said to me zepto guys were lucky. OYO guy was lucky. Flipkart guys just copied
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hi medial team , would like to say something it is been in my mind since few days. when i look at you as a team i rembererr giving services to one of my client writing accounts writing to one of the start up in a city of mumbai at bandra the company
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Hi everyone, please validate. Everyone has social profiles like facebook, Instagram. I didn't find any likes profile. Likes profile is list of top 5 things that you like in each category. For example: Top 5 YouTube videos, YouTube channels, songs,
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