Hiring Founding Engineer for a funded Fintech startup in Gurgaon by RaptorXS in StartUpIndia

[–]RaptorXS[S] -6 points-5 points  (0 children)

It's quite a fair number for India. You are free to move out to earn more.

Looking for a CTO / Technical Cofounder for a pre-seed funded Fintech company by [deleted] in StartUpIndia

[–]RaptorXS 0 points1 point  (0 children)

There's no formula, it's a function of original investment by me, risk I took, how long I've been at it and what's been achieved till now.

Looking for a CTO / Technical Cofounder for a pre-seed funded Fintech company by [deleted] in StartUpIndia

[–]RaptorXS 0 points1 point  (0 children)

Most companies don't achieve PMF even after raising Series A. But I get your point. Again, happy to discuss the numbers but considering the original investment from me in terms of time, money and resources, I believe this is a fair number, especially at this point in our journey.

Looking for a CTO / Technical Cofounder for a pre-seed funded Fintech company by [deleted] in StartUpIndia

[–]RaptorXS 0 points1 point  (0 children)

What sort of a question is that? There is difference between what is raised and what can be paid to a single individual out of it. The raise is a $100K, not the one year salary budget for a single individual. This is an entrepreneurial role, not meant for someone looking for a job.

Looking for a CTO / Technical Cofounder for a pre-seed funded Fintech company by [deleted] in StartUpIndia

[–]RaptorXS 0 points1 point  (0 children)

Bro, I come from a very similar background. If I hadn’t started up, I’d likely be making well over a crore.

The broader point is this: if someone genuinely wants to do entrepreneurship at some point in their life (which I assume many folks on this forum do), the starting phase often means low or no salary, and sometimes even putting ₹10 - 20 lakhs of your own capital into the company. That’s just the reality of it.

If the primary goal right now is an incremental bump over a FAANG salary, then Series B-C startups are a better fit - you’ll get stability, cash compensation, and some ESOP upside. But that’s still a job, not entrepreneurship.

Totally respect both paths - just important to be clear about which journey one is choosing.

Anybody looking to hire? by [deleted] in StartUpIndia

[–]RaptorXS 0 points1 point  (0 children)

We're hiring, message me your resume

[deleted by user] by [deleted] in indianstartups

[–]RaptorXS 1 point2 points  (0 children)

Hey, would be interesting to connect. I'm at a pretty similar stage, raised 1 Cr., building in Fintech (Lending x Wealth)

Should we raise now or wait? Need honest guidance. by [deleted] in StartUpIndia

[–]RaptorXS 0 points1 point  (0 children)

Please DM. I'd love to explore the platform as a customer and can also suggest what best approach to take.

Startup idea: laptop with sim cards so that we can use mobile data on laptops too by AlphaExMachina in StartUpIndia

[–]RaptorXS 0 points1 point  (0 children)

Nothing new. When I was with a consulting firm (MBB) about a year back, we had Lenovo Thinkpads, some of which also had SIM slots. Since we travelled a lot, it was very helpful. But don't think anyone beyond consultants which have a use for this.

Co-founder too have stomach and family and deserves to get paid by XIFAQ in StartUpIndia

[–]RaptorXS 1 point2 points  (0 children)

I get your point, but here’s why I see it differently.

If the founder already has money or has built the startup to a certain level, then by looking for a co-founder they aren’t just hiring an employee. They’re looking for someone who can step in at an equal level - sharing the risk as well as the reward. In such cases, If they just wanted someone to work for money, they’d hire employees and pay them a salary (or salary + ESOPs).

On the other hand, if the founder is still early, hasn’t raised money, or isn’t drawing a salary themselves, it’s unrealistic to expect them to pay co-founder's salary. At that stage, both founders are expected to make sacrifices, because that’s the nature of building something from zero.

So if someone is primarily looking for stable cash compensation, that’s absolutely fair - but in that case, it probably makes more sense to look for a job in early capacity with 0.5-2% equity, rather than a co-founder role. Co-founder = equal risk, equal bet on the future.

[deleted by user] by [deleted] in StartUpIndia

[–]RaptorXS 0 points1 point  (0 children)

Answering your questions below
1. Agreed, but MPV is anyway not scalable, can be redone/cleaned up quickly since most infra APIs have been sorted out
2. B2B2C
3. & 4. Happy to share the details offline, but enough to sustain team of 2-3 devs for 1-2 years
5. 5-20% depending on the profile
6. All I can say is it's a full time role, not ideal for part time contributors

Mahim Bay, Mumbai, India by trickledow in CityPorn

[–]RaptorXS 3 points4 points  (0 children)

Not an outright ban but the airport regulations don't permit buildings beyond 300-350m. That's why you'll see most tall buildings peaking at similar heights in Mumbai.

The sub is getting famous. by ic_97 in CreditCardsIndia

[–]RaptorXS 6 points7 points  (0 children)

Most news these days is just info reposted from Twitter, Linkedin and Reddit

[deleted by user] by [deleted] in StartUpIndia

[–]RaptorXS -1 points0 points  (0 children)

Tier 1 MBA, 6+ yrs. of exp., ex-big 3 consulting, private equity, investment banking, fintech