QuirkyBiscuit

2025 will be brutal sooner

Just realised that some startups are hitting the dust of higher salaries and Big tech not compensating the designations and others I predicted the downfall of Byjus and Koo 2 years ago and it came sooner

Predicting few companies which will be no longer in a year

Cred, Razorpay, PW, Unacademy, Slice, Kreatio, DevRev, Verzeo, Intellipad,

These company folks will be added on to list and in 2025 we will see people jobless fighting sooner tough times ahead

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ZestyQuokka

Hinge17mo

Why Razorpay? They seem to be doing fine

QuirkyBiscuit

Stealth17mo

Employee feedback bad, and reveng internal issues and increased in PIP

QuirkyBiscuit

Stealth17mo

They did mass layoff and hired again

QuirkyCupcake

Career Break17mo

the fact that people think razorpay is going down anytime soon proves that devs indeed are bad at understanding businesses. Always thought it was a myth but I've been proven wrong today

QuirkyBiscuit

Stealth17mo

Yes

SnoozyDumpling

Career Break17mo

🤭

QuirkyMarshmallow

Cred17mo

Why do you think CRED?

QuirkyBiscuit

Stealth17mo

Burning VC funding

QuirkyMarshmallow

Cred17mo

If that is the only reason, I highly doubt your hypothesis. Value addition is long term and almost all big startups burn VC funding to achieve it

SquishyQuokka

Molex17mo

Razorpay is a great company atleast product wise , not sure about their organisation standards

QuirkyBiscuit

Stealth17mo

Internal poltics bro

PeppyBagel

Fi Money17mo

Companies don't shut down because of this reason

ZestyPenguin

Stealth17mo

Curious - you have Cred Razorpay slice and devrev here even though they have a revenue model. But what about scapia, Jupiter, niyo, jar, Fi money ?

QuirkyBiscuit

Stealth17mo

Noted adding these to the list too

PeppyMarshmallow

Stealth17mo

Jupiter and Fi will not survive 2024

SnoozyWalrus

Razorpay17mo

Man !!! @Riyality Adding Razorpay to the list seems so funny lol. The folks in RZP especially the company is making shit ton of money and Razorpay can be called the Zomato of Fintech !!!! I see the eyewatering speed of innovation the product and engineering teams do everyday !!!! .

CRED is reputation based so before lights go out, kunal shah will step in. Devrev also seems to be a proper one.

Rest all are unsustainable ventures !!!!

CosmicDumpling

Stealth17mo

PW will do fine. It is still your traditional classes model.

SillyMochi

Stealth17mo

I believe you.

WigglyPanda

Infosys17mo

Verzeo is shit company

MagicalPretzel

Infosys17mo

Younger sibling of Byjus

SquishyQuokka

Molex17mo

Sharechat should be first on that list

QuirkyBiscuit

Stealth17mo

They are saved till uncles use it

SquishyQuokka

Molex17mo

😂😂true though

FuzzyNugget

Stealth17mo

Razorpay and credit will survive 2025 for sure. Aint no way they going down so fast. Also the way credit is expanding its office space either Shah is pulling a Bernie Madoff or they cooking something.