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
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
Yes
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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 !!!!
Will these cash burning companies just continue raising money and biding time or will they implode soon? Not well informed on this, genuinely want to know how this works And what happens to their 1000s of employees
Paying exorbitant salaries was going to bite them sooner or later, feel sad for those who will loose their jobs. But ...
What grows fast, comes down faster!!!
