TwirlyMuffin
TwirlyMuffin

The absolute farce that is Indian startups at Davos

I've been scrolling through LinkedIn posts of Indian founders at Davos, and I just can't take it anymore.

Know what they're there for? To sign MOUs. With Indian state governments. In fucking Switzerland.

This shows everything that's wrong with our system right now. We're literally flying people halfway across the world to do something that should happen in an office in Bangalore. And everyone's pretending this is normal?

While China quietly built DeepSeek - real, groundbreaking AI that's competing globally - we're watching SkyRoot fly to Davos to sign papers with Telangana. TELANGANA. A space tech company had to leave India to get 15 minutes with their own state government.

I've seen enough of this bullshit to call it what it is: a complete waste wrapped in Swiss packaging. Every hour wasted on this Davos circus is an hour not spent building actual tech. But heaven forbid our ministers do their jobs back home.

What kind of messed up system makes startups fly to Switzerland to get attention from ministers? Why do our officials only work with a Swiss backdrop? This isn't just stupid - it shows exactly how our system works against anyone trying to build something real.

Here's what pisses me off most: We'll keep asking why India isn't creating breakthrough tech. Why we're falling behind. Meanwhile, our officials are practicing their Davos small talk instead of fixing things back home.

I'm done watching this circus. Either fix this broken system or stop pretending we care about innovation. Because right now? We're just moving our red tape to better weather.

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PerkyCupcake
PerkyCupcake

another way to waste taxpayers money!

SparklyNugget
SparklyNugget

Lol. Very true.

CosmicLlama
CosmicLlama

These MOU's are good for nothing. Its all likely that under political pressure, these corporates would have gone there to sign a MOU.

a few years back i read a report - remember all those global summits by bengal? a few years back , they signed up Mou's for billions of USD with dozens of companies. This is a usual yearly activity. There was a report saying only 1, just 1 company , some Jindal jute related business actually made the investment, for some 130cr. no one else turned up.

Last year, TN CM went to spain and signed an MOU with ROCA. The highlight in this is, they already have a factory in karur( a place in TN) and their head office is in chennai.

In our country efforts matter, not results. In politics , corporate and real life.

SwirlyBurrito
SwirlyBurrito
Hike4mo

Best was up summit, signed a MOU for 2.2 lakh crore with a Japanese company whose worth is 40 crores

GoofyWaffle
GoofyWaffle
TCS4mo

This is honestly weird and quite sad

BouncyHamster
BouncyHamster

Let us not blame only the bureaucrats. In this case, the blame could also lie at the end of the attention seeking founders who prefer a LinkedIn post or a news feature on Davos over building what matters

JazzyKoala
JazzyKoala

Sorry to say this but leave if you can. I can't hence ignoring this and focussing on whatever I can build and grow

FluffyPretzel
FluffyPretzel

All states are doing it and claiming that they are bringing in the investments. And signing mou's with indian companies only. Literally waste of taxpayers money. I can understand that if any foreign company is investing but it's all indian companies only. Politicians really think citizens of India are stupid.

JumpyHamster
JumpyHamster

None what they claim will be true while they are in power. They just went there to collect their quota of money directly into Swiss bank.

SillyNoodle
SillyNoodle
HCL4mo

Agreed it’s like that…why don’t you take this as an opportunity to first build relationship and then once you gain trust from the ministries, share your thought with them…that instead of going half way around the globe, we should have such in Bengaluru or Hyderabad that way both can save costs and you can show in assembly that so much of cost saved and make in India 🇮🇳 also accomplished…which they can proudly display. Mention to them this way and see how things change. We must know how to bell the cat unfortunately when we have such ministers/politicians. Be a Chanakya to leverage and make things happen. Agreed as a startup founder you have a lot at stake but you do have a chance to change the way our ministries think and act.

SillyPickle
SillyPickle
Student4mo

Hello everyone I'm looking for a Cloud Engineer role at a startup. Any leads or referrals would be greatly appreciated! Feel free to Dm me.

I am a BE Graduate also have a work experience as a AWS DevOps engineer.#CloudEngineer

Davos has always been pretentious af with little value.

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