The often overlooked suffering of employees in startup debacles

Every time a major startup goes under, it is the employees who are left jobless and waiting for dues to be cleared (if at all). Perhaps it is time founders and investors got their act together.

14 June, 20257 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Internet
Story image

Gaurav Munjal’s exit from Unacademy turns messy over money, special demands

With the test-prep company struggling, Munjal wants Rs 200 crore each for co-founders to leave, exposing India’s broken founder-investor power dynamic.

Internet
Story image

The unfortunate outcome of Ecom Express is being misread

Early investors of Ecom Express are wrong in holding the view that Delhivery’s acquisition of the company is the result of some grand conspiracy or that they have been cheated in the process.

Internet
Story image

The curious case of Deepak Ravindran and KiranaPro

Turns out the recent hack at the grocery delivery startup is just the latest in a string of bizarre events that do little to dim its appeal for investors.