In a candid reflection on ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/zepto” target=”_blank”>Zepto’s early years, CEO ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/aadit-palicha” target=”_blank”>Aadit Palicha opened up about the startup’s near-collapse during the 2022–2023 ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/funding-crunch” target=”_blank”>funding crunch, revealing how hiring missteps and the Silicon Valley Bank (SVB) crisis nearly brought the company to a standstill.
Palicha admitted that bringing in the wrong talent during those formative stages was the startup’s biggest vulnerability.
“The biggest mistakes I made were wrong hires,” he said, pointing to early failures across finance, operations, marketing, and category management as critical…
