- Sar's Scatter Brain
- Posts
- Saga of a buzzy startup in White Lotus style
Saga of a buzzy startup in White Lotus style
And recent AI product chats
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Buzzy startup goes on an offsite after lockdowns & unprecedented growth.
People started to find out problematic things that got masked by the top-line growth, quick funding rounds, endless headlines, and secular headwinds.
Some start to notice the execs are not as friendly with each other as they thought from those Zoom calls. Disagreements and fights are becoming more visible!
The inevitable starts to happen right after the offsite.
Employees and executives who have made their money, quitting late-stage ZIRP startups before the house crumbles
— Sar Haribhakti (@sarthakgh)
2:51 AM • Dec 14, 2022
Founder doing an exit interview with the departing exec of the biz unit the company bragged about as a growth driver in an interview last week
Employees say their goodbyes & thank the departing exec for their contributions, knowing they need to bounce soon because their equity is going to shit.
The aforementioned rich ex-exec goes on a sabbatical to find their new calling before becoming a VC at a big firm.
One of the cofounders leaves with a big pile of money, leaving the rocky ship for the grown-ups to course-correct.
Employees put on a brave face & go back to the office 3-4 times a week, hoping for the best.
Board members & late-stage investors when the press writes stories on the saga.
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Some product announcements that created a lot of buzz in the AI world :
For people who hate making decks. So, everyone.
— Keith Peiris (@keithpeiris)
8:00 PM • Dec 13, 2022
Give any photo infinite backgrounds.
Introducing, Backdrop Remix.
Available now at runwayml.com
— Runway (@runwayml)
1:57 PM • Dec 12, 2022
Recent chats:
India's growth, geopolitics, technology, and superpower potential with Rajeev Mantri, Managing Director at Navam Capital
Safeguarding data on the internet with Shane Curran, CEO of Evervault
Modern entertainment payroll for the project economy with Ali Javid, CEO of Wrapbook
Road projects in Toronto could use a few product managers with Brandon Chu, VP of Product Acceleration at Shopify
Building compact, intelligent, retractable solar awning systems with Rohini Raghunathan, CEO at Xponent Power