The Truth Behind Startup SCAMS

2021 was a phenomenal year for the Indian startup ecosystem.

But, 2022? Not so much.

Not only were Byju’s, Meesho, Trell etc under attack for cut-backs but also there were several cases of founder frauds like BharatPe, GoMechanic and Xiaomi.

But, do we even bat an eye at what actually happened?

Or, when does an honest-to-God ambitious founder starts walking the path to a fraudulent enterprise?

Hence, I decided to pick it up.

In this video, I will explore the journey of a startup from the beginning,
explaining the circumstances and challenges that trigger them to break bad,
all the way down to the exact moment they’re BUSTED!

So, stay tuned and let me know your thoughts in the comments below.

Also special thanks to Kushal Pratap for helping with the video. He is the founder of Indifoot. Indifoot with its product Footrax is providing sports performance tracking and analysis solutions by providing quantitative feedback and data insights with self-paced learning modules on fingertips on their phones for masses, for kids of schools and academies, for amateurs playing for leisure, fun and fitness. Connecting them with a rich professional experience and bringing them closer to their sporting icons.

Please check him out:

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0:00 Intro
0:46 Start of a Startup
04:00 Seed Round
06:50 Series A Round
09:00 Series B Round
14:40 Normalization of deviance
17:13 A Message of Hope


This content was originally published here.