GroovyWalrus
GroovyWalrus
Student

RANT.

The startup is Accel and Elevation backed.

The company raised seed funding because the founder and team is from IIT- Kharagpur, and Accel + Elevation have people from IIT-Kharagpur working in their team.

The founder has no prior work experience, no manners on how to speak with anyone (office boy, or women employees) keeps firing people who don’t agree with him, insists on being in the office for 12 hours because he pays us.

Hiring criteria is -

  1. Single people, so no distraction. He asks are you single or in a relationship (in the interview)
  2. No married people
  3. Hire women only if they can stay in office till 5 AM (US based startup)
  4. Everyone has to be in office for 12 hours compulsory for all 6 days of week

He boasts on how the VCs will save his ass even if the product fails, has said that worst case scenario I will make money because I know company will be acquired.

He hires domain experts, makes them create playbook and train juniors to do the work, and then fires them saying "We have to stay lean, and this is a bad market". He did this with 3 departments already.

How are the VCs not asking him basic due diligence questions? He is now raising 8 million follow up round.

21mo ago
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CosmicDumpling
CosmicDumpling

This is grapevine for godsake. Name the damn startup.

ZippyQuokka
ZippyQuokka
Zoho21mo

These spine-less people are the reason why companies so easily abuse employees.

Doesn't even have the guts to name the company in an anonymous forum.

FuzzyQuokka
FuzzyQuokka

TimelyAI founder Ashish Verma

MagicalQuokka
MagicalQuokka

Name and shame?

Else, please share the domain or industry and we'll do(xx) the rest :)

GroovyWalrus
GroovyWalrus
Student21mo

US SaaS in Beauty and Wellness.

SwirlyNugget
SwirlyNugget
IBM21mo

Accel is an investor in Zenoti? But they are not a Seed/Series A startup

FloatingPretzel
FloatingPretzel

This is Ashish Verma of TimelyAI

SwirlyNugget
SwirlyNugget
IBM21mo

But they aren't doing Beauty & Wellness SaaS There is a different Timely (NZ based) which does this

https://www.uktech.news/technology_news/evercommerce-to-acquire-timely-a-new-zealand-based-beauty-industry-software-company

Starting to suspect that OP is mixing and matching information

FloatingPretzel
FloatingPretzel

TimelyAI is pivoting to something else - maybe its beauty and wellness saas

FuzzyPickle
FuzzyPickle
Amazon21mo

VC’s are going to back them ? An intern can DDOS them and burn their investment within days from LocalHost if they want.

SillyJellybean
SillyJellybean

Go for it lol

DizzyRaccoon
DizzyRaccoon

If you can't name and shame the company on grapevine then what's the point?

PerkyBurrito
PerkyBurrito

Oh wait, is it TimelyAI?

SwirlyNugget
SwirlyNugget
IBM21mo

Seems to be wrong, since OP mentioned 'Beauty & Wellness SaaS'

PerkyBurrito
PerkyBurrito

They have been doing Google MyBusinesss optimisations for Beauty and Wellness (Beauticians, Hairdressers, etc) for some time now, as per certain investor friends in the space

SquishyNarwhal
SquishyNarwhal
Zepto21mo

Name and shame or gtfo

PerkyBiscuit
PerkyBiscuit

TimelyAI it is

SquishyRaccoon
SquishyRaccoon
Amazon21mo

This seems more like a personal grudge! Lol came across your recent post seems more misogynistic that this rant.

vvvvv Bosylady “Personal photos on LinkedIn Why do female founders and other budding LinkedIn female influencers post their personal pictures (gym photos, selfies, random photos of themselves) on LinkedIn? It's a professional platform for fucks sake. You don't post these photos on Leap Club but LinkedIn is okay because validation. And nobody calls them out. Men are lost in simp behaviour and others ignore them.”

BouncyJellybean
BouncyJellybean

Sorry, I couldn't understand why do you expect VC to babysit ?

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