QuirkyBiscuit
QuirkyBiscuit

Bangalore startups dark side

My friend was a B.Tech. graduate in 2019 from a Bangalore-based university. She could not complete campus placements in Bangalore due to multiple backlogs and she had joined a startup that was in the seed stage. She completed her graduation in 2020, and her startup also collapsed as it was running out of funds. In a few months, she joined another startup in Bangalore, that was in the seed stage. She completed her graduation in 2020, and her startup also collapsed as it was running out of funds. In a few months, she joined another startup in Bangalore, which was in the founders ran with theVC money. After a year, she joined a mid-cap startup with 2 years of experience, and she was treated as a fresher due to her previous companies not being able to give her a BGV and she had to start from scratch. She now works at IBM as application development with a good package, and last week she got collapsed as it was running out of funds and in few months she joined an other startup in Bangalore which is fin tech which was bankrupt as the founders ran with the vc money and she joined after a year she joined a mid cap startup with 2 years of experience and she was treated as fresher due to her previous companies not able to give her BGV and she had to start from scratch and now she works in IBM as application dev with good package and last week she got married too

When i asked her for advice she told as Bangalore startups are just an other piece of shit cloning ola and uber and waste VC money just telling people who work at a startup. to shift to better roles asap seeing the economy

10mo ago
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