"He didn't even spare his co-founder. Everyone saw her mental and physical ordeal on her last day in November 2021 at the Vikhroli office."

"Wanting to prove himself like Elon Musk, X Founder buys 35% stake in a startup destined to become India's Theranos."

"The founder has sold all startup assets to a company owned by his relatives and friends."

The combined public valuation of the three startups mentioned above is over $10 billion. These shocking revelations have reemerged in my inbox, marking the return of startup whistleblowers after a quiet few years. Once again, anonymous insiders are pulling the curtain on the dark corners of India's startup scene, where the pressure to succeed justifies all means.

One claims a founder is artificially inflating revenue numbers and ruthlessly slashing jobs. Another accuses a unicorn founder of backing corrupt startups created by his ex-employees.
While I'm still bewildered by these accusations, their specificity suggests they're not just baseless rants, but potentially true claims from insiders. These are supported by regulatory filings, public and private conversations, screenshots, etc. There are audio recordings, too.

A Second Coming?

A few years ago, Twitter (now X) was the battleground where handles like 'Unicon Baba' and 'Corporate Kumar' dropped bombshells about the dark underbelly of India's startup scene. They gave us an unfiltered peek into the chaos behind the curtains - financial missteps, harassment, and the kind of...

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