Comments on: Another one bites the dust – startup leaves Bangalore for Silicon Valley

By: rat

rat — Tue, 08 Feb 2011 10:25:20 +0000

just a bakwasss, why don’t u go to work instead of doing this shit things…..

By: Satya

Satya — Tue, 17 Mar 2009 03:30:51 +0000

Mr. Vinod

Can you please give me more specifics, I am being offered a Job by that company to maintain their product. I have good experience [4 plus years] in my field of work and I am looking for a break. I do not want to get on a sticky wicket at this point in my career. Is the product any good? Do you think it will get any place any time soon? I have worked on many online applications and the first look at this gives me an impression of ill-maintenance.

I appreciate your input.

By: Vinod

Vinod — Mon, 23 Feb 2009 12:50:14 +0000

Although people find it very exciting to join a startup company anticipating tremendous growth opportunities, I would like to warn people to check the company properly before joining as I have been a victim of the same.

I was working for an organization of repute. Expecting huge growth in a startup, I joined K2 InfoEdge Private Limited that promotes a portal Skills4U.com. The CEO of the company Mr.Manoj Nagaraj utilized my Services in the capacity of Sales & Marketing Manager for one month. After completion of one month, he did not pay me Salary due to which I had to quit the organization. The organization had the malicious intention of just utilizing my rich experience of working with a well known company that was in the similar line of business for a short term and no intention of retaining me as an employee of K2 InfoEdge Private Limited.

Please refrain yourself from associating with companies like K2 InfoEdge Private Limited/Skills4U.com that cheat people to the core.

By: vikas

vikas — Fri, 09 Jan 2009 14:16:56 +0000

ashish why are posting old blog entries.If you nothing new ,dont post.At least it will save the readers going away.

By: Podcast with Kavita Iyer, Founder of MingleBox | pluGGd.in

Podcast with Kavita Iyer, Founder of MingleBox | pluGGd.in — Fri, 27 Jul 2007 10:47:26 +0000

[...] your take on the rising salary levels in the Indian market? Companies like Riya have shut their office and others too are facing the [...]

By: Ashish

Ashish — Sat, 26 May 2007 18:17:00 +0000

Tamal
Great points! The idea behind Indian IT crowd not valuing ESOPs is more of the mentality.
And given the ways companies are pampering the IT crowd, it's difficult for startups to attract the talent.
Very few of us are ready to take a salary cut, take ESOPs and join startups!
Very few US based Indian setups are doing a good work, and if they face so much of resistance frm the developer community- why come over to India then?
Infact, why give good work to India? Be just another MNC throwing shit stuff (+money) then?

By: Tamal Das

Tamal Das — Sat, 26 May 2007 12:28:00 +0000

I really don't think that its all to do with just the inflated salary expectations. Atleast in Riya's case, this was anyway fuelled by Riya's own compensation policies. Why would one pay 11-13L for a MS fresher, and then cry hoarse when they demand more !!!

Silicon Valley didn't make it because of just the engg wanting to defer compensation for ESOPs, etc. There still is the active VC culture, industry-academia interaction, the innovation (aka product) culture, etc which exposes & encourages students at a very early age to do their own thing.

The Infys & Wipros are still sweat-sourcing and the Oracles & HPs are still doing sub-standard product dev handed down by their US counterparts. This kind of IT culture sure does not encourage do-your-own-thing kind of engg.

Till some time back, the VC culture was more like - I earned big bucks in the US, let me passively invest in some Indian startups, coz India is the next big place to be. But yes, that sure did set a trend, coz it needs to start somewhere.

How many Indian startups are doing something really different, than copying what has been a success in the US & trying to retro-fit it to India? How many collges have a entrepreneurship course / competition where VCs are critically involved?

Not many, but things are happening. Today's VCs in India are much more active with their investments. And ofcourse a lot of the big VC names have an India-specific fund signalling their commitment.

The not to serious kinds, not so different kinds will ofcourse shut shop, isn't that the natural course of things?

We are surely poised at the juncture of a major innovation upheaval in India, we should wait & watch... Or maybe get involved :)

Oh! and I pen something on pluGGd.in too, plz check out my posts.

By: Anonymous

Anonymous — Sat, 26 May 2007 07:14:00 +0000

Yes, and that’s because most of the software enggs. think of short term gains.. why join a startup, take a hit in the salary [in lieu of some esops!)?

THings have to change, otherwise..

By: Anonymous

Anonymous — Sat, 26 May 2007 06:35:00 +0000

its just that software engineers are not economists.they simply do not understand stand the hazards of their behaviour.one guy wanted a sal hike just because one of his counterpart in a diff company was getting a higher pay.what he didnt realize was that the role played by the guy was much higher and also the other guy was more talanted .once all these companies shift their base where will all these guys be — on the road????

By: Anonymous

Anonymous — Fri, 25 May 2007 18:38:00 +0000

I think this is just the tip of the iceberg.
More such startups will pack their bag..

-Anand R.

By: Anonymous

Anonymous — Fri, 25 May 2007 18:36:00 +0000

With companies like Infy, how can you even imagine Bangalore to be a silicon valley?
It’s all crap..

Reality is that nobody wants to do any product work in India..it’s all service..service..