Ashneer Grover criticises startup founders for using the phrase "It's still Day 1"
In a 2016 annual letter to his shareholders, Amazon founder Jeff Bezos used the phrase "It's always Day 1."
By ET Spotlight Special | Updated:
Agencies
In a 2016 letter to shareholders, Amazon founder Jeff Bezos famously said, "it's Day One for a couple of decades," emphasising his business perspective and the company's work environment. BharatPe co-founder Ashneer Grover believes that using the phrase "Day One" by startup founders is the "lamest thing."
“The phrase- It's still Day 1 used by startup founders is, in my opinion, the most insulting thing. After years in business, no potential talent or existing team will be excited to read it,” Grover tweeted.
Regarding Grover's post, numerous users concurred with what he said."Investment in my startup is bootstrapping my own money," one user wrote, "we passed seven months since inception and no single rupee income came yet."because no two businesses are alike. Our delivery time for a single product is four to five weeks."
Another user added, asking if Grover was referring to the most recent tweet from Zomato's CEO and founder Deepinder Goyal, "Met Sonu, Vipin (and a few others) who have been delivering with us for a number of years." Their personal stories and what I learn about our company from them always astonish me. Extremely grateful for the chance to make a difference in their lives. Day one at Zomato continues.
Jeff Bezos: The Philanthropist & His Big Charity Cheques
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The Amazon founder, Jeff Bezos, who is one of the richest men in the world, is more than an inspiring businessman. Bezos is also a philanthropist who has several times made headlines for his big donation cheques. Recently, the 58-year-old commuter engineer pledged to donate the majority of his $124 bn fortune. Over the last 12 years, the billionaire has donated major chunks of his income and here’s a look at it. Here’s a run-down of the times Bezos proved that the power is in giving back to the world.
The Amazon founder, Jeff Bezos, who is one of the richest men in the world, is more than an inspiring businessman. Bezos is also a philanthropist who has several times made headlines for his big dona..
Read More
Jeff Bezos, who is one of the richest men in the world, is more than an inspiring businessman. Bezos is also a philanthropist who has several times made headlines for his big donation cheques. Recently, commuter engineer pledged to donate the majority of his $124 bn fortune. Over the last 12 years, the billionaire has donated major chunks of his income and here’s a look at it.
Jeff Bezos, who is one of the richest men in the world, is more than an inspiring businessman. Bezos is also a philanthropist who has several times made headlines for his big donation cheques. Recent..
Read More
Jeff Bezos has donated millions from his wealth to Fred Hutchinson Cancer Research Centre since 2009. In October this year, the Amazon founder announced a donation of $710 million to the non-profitable cancer organisation.
Jeff Bezos has donated millions from his wealth to Fred Hutchinson Cancer Research Centre since 2009. In October this year, the Amazon founder announced a donation of $710 million to the non-profitab..
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In 2013, Jeff Bezos pledged to give away $500,000 to Worldreader, a non-profit funded by a former Amazon employee. Worldreader aims to bring literacy to outlying, under-served areas by supplying towns and villages with e-readers and e-books.
In 2013, Jeff Bezos pledged to give away $500,000 to Worldreader, a non-profit funded by a former Amazon employee. Worldreader aims to bring literacy to outlying, under-served areas by supplying town..
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Later in May 2017, Bezos gave $1 mn to the Reporters Committee for Freedom of the Press. This organisation provides pro bono legal services for American journalists.
Later in May 2017, Bezos gave $1 mn to the Reporters Committee for Freedom of the Press. This organisation provides pro bono legal services for American journalists.
In September 2018, the billionaire committed to donating approximately $2 bn to deal with American homelessness. He also pledged to develop a network of non-profit preschools for low-income communities. In the past, he has given away a portion of his fortunes for children’s education as well.
In September 2018, the billionaire committed to donating approximately $2 bn to deal with American homelessness. He also pledged to develop a network of non-profit preschools for low-income communiti..
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The Amazon founder in January 2018, donated $33 mn to a scholarship fund for young immigrants, who were brought to the United States illegally as children.
The Amazon founder in January 2018, donated $33 mn to a scholarship fund for young immigrants, who were brought to the United States illegally as children.
In June 2018, Bezos donated to Breakthrough Energy Ventures, a private philanthropic fund founded by Bill Gates aimed at promoting emissions-free energy.
In June 2018, Bezos donated to Breakthrough Energy Ventures, a private philanthropic fund founded by Bill Gates aimed at promoting emissions-free energy.
The Amazon chief in February 2020, pledged $10 bn to combat climate change through the Bezos Earth Fund. This non-profitable organisation funds scientists, activists and other groups to protect the environment and counter the harmful effects of climate change.
The Amazon chief in February 2020, pledged $10 bn to combat climate change through the Bezos Earth Fund. This non-profitable organisation funds scientists, activists and other groups to protect the e..
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In April 2020, when the world was reeling under the Covid-19 pandemic, Jeff Bezos donated $100 mn to food banks through feeding America. These food banks delivered food to homeless, underprivileged and stranded people in the country amid the Coronavirus outbreak.
In April 2020, when the world was reeling under the Covid-19 pandemic, Jeff Bezos donated $100 mn to food banks through feeding America. These food banks delivered food to homeless, underprivileged a..
In the meantime, "Doglapan: The Hard Truth about Life and Start-ups" by Grover, will be released on December 16. He had previously stated that the book is "all about the hypocrisy of life - success in failure and success in failure." Raw, gut-wrenchingly honest and one of the finest storytelling from the Delhi boy renowned for his truth bombs," according to the blurb for the book.
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Grover had stated, when discussing his literary endeavour, "My life has had its share of heroes, villains, character artists, and more."
FAQs:
What is the biography of Grover? Doglapan: The Hard Truth about Life and Start-ups.
Who is the founder of Zomato ? Deepinder Goyal is the founder of Zomato.