How we started CleverSpend, and why are we shutting down

How we started CleverSpend, and why are we shutting down

CleverSpend is shutting down.

We obsessed over building CleverSpend for a year and a half and it became the only thing we lived and breathed all this time. So, it is sad news for all of us (and hopefully for a few of our loyal customers). My personal circle had the knowledge when we started having these discussions to wind down our operations, but I think it is important to share this update with a wider audience as well.

This was not an easy post to write, and I struggled to put my thoughts together, but the ‘Better ship a good enough version, than a perfect one’ bit helped a lot, to be honest, that’s what got us through a lot of challenges in past two years. So, this might not be the best writing you would see, but this would walk you through our journey of building and our decision to shut down CleverSpend.

Writing down this journey, helped me relive the good times, all the decisions that worked and didn’t, how we navigated tough times, and how these learnings changed us forever. Hopefully, it would help someone embarking on a journey similar to ours. I also intended it as a glimpse into how I think in general, and my approach to business-building so that it may also serve as a living CV for someone who thinks that it would be great to work with me and that my skills could be a great fit somewhere.

I have broken down our story into smaller parts to make it easier to navigate:

Why did I even start a startup?

How cleverSpend started?

Resourceful is my middle name

Applying to YCombinator

Why did the wheels stop? What’s next?

I hope reading about our experience of building CleverSpend would help you learn from how we did things and our good/ bad decisions. And really I hope it would inspire you to take the leap that you always wanted to take, because if we could, so can you!

Please contact me if you want to share your thoughts, offer support, or help me with my next opportunity:

https://linkedin.com/in/darpanjain9

https://twitter.com/DarpanJain

[email protected]

Originally appeared here

Serhii Zhylko

COO | Quema | Building scalable and secure IT infrastructures and allocating dedicated DevOps engineers from our team

1 年

Darpan, thanks for sharing!

回复
Hrushikesh Kshirsagar

UK Skilled Worker Visa Holder | Software Developer @ Dayforce | ex-Connection Loops | ex-IAmdocs | React Js | C#

1 年

It’s really heartfelt and certainly an inspiring journey ???? Best of luck for your next chapter! I’m sure you’ll strike back stronger! Talk to you soon! ?

回复
Rakshit Srivastava

Product Management Leader | Driving Product Growth in Consumer facing product (B2C and B2B) | User-Centric & Data-Driven | Product Mentor | Ex. ADP,Shutterfly, IndiaMART

1 年

Best of Luck Darpan for your next venture and thanks for sharing your journey. ??

Really heartfelt, open and honest read. Thanks for sharing Darpan. Best of luck finding that next venture. ??

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