"India has highest number of unicorn start-ups outside the US" - The other side...

Tamaghna, thanks for sharing!

Well said Tamaghna Basu, GCIH,OSCP,RHCE. And they think its time to celebrate all the effort they have put in until then. I don't see a point in it at all.

So true. Other ridiculous thing I saw is, founders celebrating after getting funds from investors, partying, huge PRs, well I understand that you want to show that you are growing, but what's the glory in showing off in borrowing money from others! It's a responsibility. Someone told once celebrating after funding is like congratulating a chef on getting vegetables. Food is yet to be cooked.

Interesting article. Some random blurps from my side below. I have been telling the exact same thing for a long time to people i have interacted. Artificial inflation in salary by startup's coz they just have more money to burn. However on the side note, joining a startup means you take a risk, this is a bit alien concept to most in india. they still believe joining startup is same as joining established firms like Tata's or infy. However the concept is simple you leave aside your comfort and long term job to joining a firm where you might be required to leave job in short notice, not get some long term benifits but its compensated by higher package. Now the things get ridiculous coz these higher packages seems to have gone in on the no limit or barrier side. Look at BLR or HYD in india the whole inflation in prices is mainly coz they have higher concentration of startups blowing off money and getting who so ever they like. the work inside the company is going to be an entirely different story however once someone has joined in even if they want to leave coz they already started spending that they can't make the move (in touch with say dozens of such people who would not admit it but agree in person). Innovation is again a key element. Most of the startup's including the so called unicorn's (I like calling them expert at blowing someone else's money) don't have any new concept or idea' not even a new delivery mechanism or work flow. its a literal copy of what worked in silicon valley lets replicate it. The point about blowing someone else's money. If every unicorn head things about the money as something they earned and then expense it then the situation would be different. Bootstrapped companies are better at sustainance. ya company is the right word coz mostly everyone enters the startup system with lets get rich quickly. inflate the value of company and sell it out. No one things about maintaining the org. building it inside out. making a mark building a brand that they keep going on with. Tata even ambani's have done that, look at west multiple such legacies start but everyone now a days is focused on short term wealth generation and that's where "getting huge investments and making out alive before people realize that the idea is crap" comes into the picture. #My2cents #randomrambling