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CRED, an Indian start-up with valuation worth Billions doesn't even have a business model.
Hear me out, countless start-ups don't have a business model but everyone can think of something that will be introduced and the most basic one is good and services in exchange of cash.
CRED, on the other hand, is popular primarily because it does not have a business model and hipsters are encouraging it because it is innovative to run without a business model.
I mean, I can't even... Damn this is beyond dumb.
Also, they only hire people from Tier I (IIT and IIM).
I once applied and got a rejection in literally 5 minutes stating that since I am not from top college, they are not interested in my profile.
I don't even know what to make of this. This boggles my mind.
For anyone interested, they were invite only and created a hype of waiting list, but then hipsters started inviting each other in masses so I guess they made it public.
https://cred.club29
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