Of TinyOwl Drama & The NextBigIdea : BAAS

The employees are blaming the founding / leadership team for lack of strategy, business model and flawed backend and the cofounder, Saurabh Goyal has been held hostage by the Gurgaon team.
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So TinyOwl saga has taken a new turn with employees holding the cofounder hostage in Gurgaon office. The company is not just laying off employees, but is also shutting down 4 offices.

TinyOwl which recently raised 50 crores from Sequoia Capital and Matrix partners is seeing an outburst from its employees in Gurgaon.
The employees are blaming the founding / leadership team for lack of strategy, business model and flawed backend and the cofounder, Saurabh Goyal has been held hostage by the Gurgaon team (they want answers to obvious questions).

Who is to be blamed here? Like we said earlier, it’s time for startups and investors to clean up their mess this Diwali.

The NextBigIdea : BAAS


The ‘Uber for X’ concept has gotten Indian investors totally mad about these ideas and we certainly believe that the next big Unicorn idea is BAAS, i.e. Bouncer As A Service.

iBAAS : The Next Unicorn
iBAAS : The Next Unicorn

Strictly an app-only model (you don’t know where/when will you be held hostage – anywhere from loo to meeting room), BAAS startup will use a mix of drones and AI (+ other jargons) to save you from your own employees! The most amazing feature will be voice activation (you won’t get the time to open the app, in all probability). All you have to do is shout ‘Meri Baas’ and the app will automatically ping the nearest bouncer to your address.

On a serious note, after the TinyOwl incident, we have been hearing about other founders hiring bouncers to save themselves from such situations.

Welcome to Indian startup ecosystem !

Image credit: shutterstock

10 comments
  1. India is yet to see few truly successful profit making company, which started as “Startup” and finally leading to successful IPO.

    Its been 20 years of so called startup ecosystem, yet there no examples of such profit making companies.

  2. Start Ups have become a glamour Idea in India, the reality is 99.3% start ups fail! Only 1 out of 150 start up will is a success as per the statistics, still investors are funding companies out of Greed!

  3. More tough days ahead, If you aren’t noticing Google Local is going to hit the traffic harder for zomato and all in the space who have been leveraging search traffic and a lot of other classified sites will sooner feel the difference. As more business start leveraging marketing themselves directly to customers, it will have serious impact on a lot of startups. Food tech startups will have lot more challenges in the days to come, the next are the realestate aggregators and classifieds and so on.
    The key would be how much you can get your customers hooked to your white label product service.

  4. It is true that the Uber drivers as well as the Ola drivers are facing issues. I took an Uber from Gurgaon to Delhi airport. The driver was complaining that he is not getting enough rides from the company and also that the bonus they are offering has come down.
    In US, in many cities where Uber has cut down on incentives, drivers find it not economic to work for Uber.

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