Deep Pockets Don't Save Bad Management
Deep Pockets Don't Save Bad Management: What Dunzo and BYJU'S Teach Us About Survival It was backed by Google. It was built on reliance. It was in debt to Meta. And it still shut down with 400+ employees not paid. This is not a one-off company for those who have been following the startup story of India for the last couple of years. It is a pattern. Dunzo, BYJU'S, Blu Smart. Big names, bigger cheques and still collapse. And yet, in those very same cut-throat industries, Zepto, Blinkit, Swiggy Instamart and PhysicsWallah not only survived but also found a way to sustainable growth. So what is it that really divides the two piles? Not the amount of the funding round. The management. In each of the following failures there is a direct competitor in the same sector facing the same market pressure who made a different call – and survived it. The Myth We Need to Kill: "Well-Funded" Means "Safe" Founder pitch decks love to s...