Product Manager Candidate asks for Entire Series C Funding Amount as Salary. Competitor poaches him with the Series D Term Sheet.
An unprecedented rivalry between BhraataBook and Sheesho reaches new heights
In a rather expected turn of events, the latest Product Manager candidate at BhraataBook, a Series C funded startup that helps guys maintain the Bro Code through codified playbooks, asked for more money than Bernie Sanders in all of his "I am once again asking for your financial support" memes combined.
(Source: file)
Leninder Doshi, a recent graduate of ISB (Indian School of Big picture), was interviewed for the PM role. Once asked for salary expectations, he mentioned that he read the Ink420 coverage of the latest funding round, and he thinks it's just fair that he takes all of it.
The CEO asked for a couple of days to his investors, try for a video darshan to his Guruji, run to the Emergency room to treat his mini-heart attack, and then mail Leninder the offer letter.
"Hiring a product manager is the most difficult job right now. I have had 3 divorces, 6 breakups while those divorces, and 9 colonoscopies while those breakups and divorces were happening. And I would still rank hiring a PM the most difficult thing I have done in my life." Sulkit Jain, the CEO of BhraataBook was quoted sulking.
Sulkit continued sulking, "Hear me out. There's absolutely no hard skill you need to be a PM. That makes the barrier to entry almost zero. Since you don't need any skill, how do you measure if someone is a good PM? I have heard Substacks, Medium, and Tweet threads are a way to gauge that, so for 4 hours every day, I read them. And as soon as I think I have understood a bit, they write a whole lot more. I think I know more mental models than I can practically use in an average human life, leave alone building a company."
While we were following the story closely we just saw an unprecedented turn of events.
Lenninder or Lenny, went to Twitter to talk about his post-interview experience, 54 learnings, 17 mental models that he built while interviewing at 2.75 companies for a PM role.
His thread went viral within the entire PM community and got 63 likes, and 12 retweets, and 4 substack signups. It reached the eyes of the founders of Sheesho, a startup that lets you share sheesha equally between friends in a club.
Sheesho was in talks with raising a fresh round of funding, so as soon as Lenny D. opened up to be hired, Sheesho sent their Series D term sheet as the compensation on offer.
All we can say is, all Sulkit can look forward to, is sulking some more. And read a couple of dozen substacks and Twitter threads while he does that.
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