Inverted Passion About failure 2024 India

2024 Wrapped: Shutting Down Nintee and Returning Investor Money

This is the rare honest, first-hand Indian founder account of engineering a soft landing instead of a hard shutdown, with the actual mechanics named. Chopra (Wingify/VWO founder) wound Nintee down after the hypothesis failed, returned roughly 75 percent of the raised capital to investors, gave every employee 6 months of severance, and made an open offer for the whole team to join Wingify at the same salary. It is the concrete version of the opinionated answer: cover your obligations, land your team good jobs, and everyone leaves on good terms so you keep your reputation for the next one.

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31 December 2024

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