Twitter CEO Does A Rahul Yadav, Gives 1/3rd Of His Stock To Employees
Jack Dorsey, CEO, Twitter has announced giving a third of his Twitter stock to the company’s employees. Barely three weeks after taking over as permanent CEO, Dorsey tweeted, “I’d rather have a smaller part of something big than a bigger part of something small.” Dorsey said the move was to “reinvest directly in our people” and the shares would go into the employee equity pool.
Startup Funding Wrap 8th Oct – 15th Oct
All the funding news from the Indian startup ecosystem. Funded startups include ZuperMeal, CloudLending, Kulzy, Grabhouse, Lookup and Gojavas.
Startup Funding Wrap 1st Oct – 8th Oct
A summary of the startup funding news, 1st Oct – 8th Oct 2015.
I’m not overly concerned about high valuations: Kunal Shah
In an exclusive interview with OfficeChai, FreeCharge co-founder Kunal Shah talks about his company, the Indian startup scene, high valuations, and more.
Jabong’s Losses Mount, Company Finds No Buyers
Jabong’s plight may well be a resounding alarm for the hitherto burgeoning startup scene in India, which is finally showing signs of correction, what with Zomato, Helpchat and Housing scaling down their workforce, and food tech startups like Dazo ceasing operations.
Season of Layoffs Continues, Zomato Fires 300 Employees
Trouble is brewing in the food tech industry. After food delivery TinyOwl fired xxx employees, and food delivery app Dazo shut down last week, and Zomato has now annouced that it will be laying off 300 employees, or 10% of its workforce.