'paying Rs 55 Lakh For Sub Par Work...': Ceo Sparks Hiring Storm With Brutal Post On Team Lead

A New York-based Indian-origin tech entrepreneur has ignited statement crossed startup circles aft publically calling retired an underperforming worker drafting a hefty ₹72 lakh yearly package.

Aditya Siripragada, co-founder and CEO of Fountane—a fast-growing integer and AI solutions startup—took to X (formerly Twitter) to denote he was replacing a squad lead managing a captious project.

“Paying ₹55 lakh for a squad lead connected a captious task – capacity is subpar and I request to switch fast,” Siripragada posted, clarifying later that nan full yearly compensation stood astatine astir ₹72 lakh.

The station has since drawn complete 92,000 views, pinch respective professionals expressing interest. However, Siripragada made it clear he wasn’t looking for novices. “Please don’t scope retired if you haven’t done this benignant of domiciled earlier – not nan clip to experiment,” he cautioned.

The candid station sparked chatter not conscionable astir hiring practices, but besides startup accountability and nan worth of performance-linked salary successful high-growth tech companies.

Responding to applicants, Siripragada signalled he was unfastened to paying moreover more—if nan correct campaigner showed up. “If you’re freaking amazing, I’m down to salary much than that,” he wrote.

Siripragada’s travel itself has nan makings of a classical migrant startup tale. In a abstracted LinkedIn post, he shared that he landed successful nan US pinch “two bags, $700, and a bosom afloat of ambition.” A decade later, his startup Fountane has made it to nan Inc. 5000 list, classed 884th successful August 2024. It’s besides among nan apical 10 fastest-growing firms successful Minnesota and leads nan state’s package and tech services segment.

Published on: Apr 25, 2025 8:33 AM IST