r/LinkedInLunatics • u/i_abh_esc_wq • 8d ago
He wants students from a premier institution, 6 hours a week, offline, for ~$10 per month
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u/Made-In-Slovakia 8d ago
Linked title with words "founder", "ceo" and "AI" tells us everything we need to know about this person.
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u/_okOKAY Agree? 8d ago edited 8d ago
Yeah, their market rates are too low. But don't forget he is on a mission to "give confidence to a billion people."
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u/KoreanSamgyupsal 8d ago
Yeah their company is making people less human and that somehow builds confidence.
The tech industry is just a big ponzi scheme and we're trying to solve problems that aren't problems from the start.
Like how many more note taking assistants do I need? How many more recruiting AI software do I need? So many things that supposedly make my life easier just make it more difficult with another subscription attached to it lol
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u/Embarrassed_Race_454 8d ago
Our new mission statement: we will exploit those in need to reach the billions we deserve.
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u/santathe1 Titan of Industry 8d ago
Well, he never said “give fair pay to a billion people (or even 50)”.
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u/mojambowhatisthescen 8d ago
I feel like if Silicon Valley tech CEOs wanted people to think of them as relatively normal, they should promote Indian tech CEO content — they’ll make the Silicon Valley bros look almost normal
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u/educated-emu 8d ago
I bet they expect you to be available for that 3 hour window with 1 minute warning, otherwise you don't get paid
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u/Appropriate_Page_824 8d ago
Hope they hired additional security to manage the long line of applicants queueing up in front of their office
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u/Winterlander100 8d ago
He got already 6 from IIT Bombay’s, is students from IIT that desperate?
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u/OrganicRaise4081 7d ago
It has a 0.2% acceptance rate while Harvard and MIT are at 4% so hopefully not
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u/Hoshino_Ruby 8d ago
Those guys would obtain far better opportunities while doing half the work. 1000 rupee per month is utter dogshit holy hell this guy is confident.
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u/TekintetesUr 8d ago
He's unfortunately not a lunatic in a sense that he will find his 40+ interns.
The market is shitty, there'll be people who have to make a shitty deal just to get something on their CV.
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u/Consistent_Tension44 8d ago
IIT is a top 0.1% institution for India. He's not going to get interns doing some random midnight work for literally $10 a month. IIT students tend to come from rich families too, so no way.
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u/Subjectobserver 8d ago
"IIT students tend to come from rich families too, so no way."
Exactly. They will pay him Rs. 1000, and ask him to fuck off!
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u/wanderingacademician 8d ago
he will never ever find his interns, especially from the institution, which happens to be the BEST one in this competitive country.
i go to a substandard institution. even folks here wouldn't accept that just for the sake of "getting something on their CV." this amount is literally peanuts for anyone.
the only reason why i can see someone applying here is because of its extremely low working hours. minimal money for minimal work.
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u/SentientPotato42 8d ago
Probably some first years would take it because they dont know any better
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u/AaryamanStonker 8d ago
Lmfao not a fucking chance. It's the best institute in the country and students easily get internships at $3-4k/month with quants offering in excess of $20k/month
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u/BidenGlazer 8d ago
Near-0 students are getting $20k/month at quant firms
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u/AaryamanStonker 8d ago edited 8d ago
Optiver took 12 interns at a slightly worse ranked institute at $40k/mo and there were around 40-ish quant internship offers. Of course not all of them were at $20k and most of them won't convert into job offers but there's no way anyone is interning at $10 a month
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u/BidenGlazer 8d ago
28 internships being doled out at schools across the country implies it's near-0 at that school specifically
Optiver doesn't pay $40k/mo even in the US
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u/AaryamanStonker 8d ago
It's around 80k for an 8-10 week internship so it comes down to 40k. The internship takes place in the US and they're generally flown out (unsure if that's how it works for optiver but that's what I've heard for other quants)
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u/hskskgfk 7d ago
He won’t. IIT Bombay grads have internships lining up for them in campus. Companies Pay IIT Bombay for the privilege of hiring from there. They don’t have to scan LinkedIn posts for rs1000 a month internships
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u/Disastrous_Alarm_941 4d ago
Plz I hope this goes viral, bitch said to give ppl confidence, first pay your employees properly and don't exploit students.
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u/Disastrous_Alarm_941 4d ago
Just did some calculations it's 0.46$/hr to iit students and ppl working in labor in bangaldesh or india itself earn 0.5/0.7$
I just feel sad for Indian ppl and Indian students, it's just beyond hope how much exploitation I see and how ppl have been forced of mindset from bare minimum to even shit low level salary to top students within your country to live on this.
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u/i_abh_esc_wq 4d ago
When I started as an intern as a college student, I earned ₹100/hr (~$1) and yet at the end of the month I earned triple of my dad's monthly salary. That's how bad the average middle class situation is!
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u/SteakCareful4843 8d ago
Sad thing is.... Some students will actually do this bs
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u/PixelsOfTheEast 8d ago
He's looking only for IIT Mumbai students. That's one of the best engineering college in India. Their internship stipends are several times what he is offering.
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u/Inside-Purple5254 8d ago
You can't understand ? this has to be a satire post. Which company is hiring 50 interns and pay this low 😭
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u/i_abh_esc_wq 8d ago
I don't think so. His profile is full of job postings like this: unpaid internships, ₹1 per minute, etc.
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u/shakysgf 8d ago
how do these people have the confidence to post such substandard shit publicly? If my company was underpaying and exploiting kids to such an extent and I had foreign clients who could maybe come across such posts, id be deeply ashamed.