Bangalore’s startup founders are a different breed altogether. A few weeks ago, we talked about the rise of Chief Ething Officers, the founder who assumed the role of every employee in the company. They can make coffee, code the next billion dollar app, secure funding, find an apartment, and what not.

Don’t forget, human resource management (HRM), an important organizational function that founders are more than happy to take on.

In one The interview Along with Tucker Carlson, Telegram founder and CEO Pavel Durov revealed that he was the only product manager the company had! Notably, the company has a billion users and a 30-member tech team. “I still come up with most of the features and still work with every engineer and designer… because I enjoy it,” Duroff said.

When asked about the size of his HR department, Durov said, “Zero” because Telegram decentralized it. “We have a separate platform for this and we select the best engineers from competitions,” explained Durov.

“We don’t need an HR department to find the most talented engineers,” he added.

Although Telegram is a Russian company, the same trend can be seen in many startups in Bangalore. “No HR, one product manager and 30 devs banging their heads with MacBooks but we call it ‘third wave coffee’,” said Shravan Tiko, Founder of Rethink Systems

Also a blog post by Rhea Shroff Desai from Blume Ventures Explained Why many early-stage startups don’t need HR is because it’s time to “move fast and break things.” Dara Khosrowshahi, CEO of Uber, believes that at the start of a startup’s journey, you need people to be as daring as pirates, and later to become navy.

10x founder

However, running a company this way is not easy. Shweta Jain, Product Owner at Fictiv. said That multiple factors affect work efficiency within such companies and it may not work for startups that rely on remote work. “Consider the complexity that can arise with the same setup if employees are in different time zones, cultures, and speak different languages,” he said, adding that this could lead to a decrease in productivity. .

It also questions the need for HR or product managers in a small-sized company. One user on a LinkedIn post said, “Product Managers, though I may get brickbats for it, rarely add much value and often I see them just acting as wonderful postmen and women. are.”

However, this type of setup can be risky for companies that don’t have a founder overseeing the product. Such self-reliance is giving birth to many founders or ‘solopreneurs’ who are willing to do a lot of work themselves for a business run by one person.

When it comes to Bangalore, The hustle and bustle is real with anyone trying to build a startup.. A LinkedIn user said, “Startup addiction is in the air in Bangalore (sic). And what could be better if your co-founders are your flatmates, or maybe you’re juggling multiple roles. This has given rise to founders and CEOs who are willing to multitask to meet the demands of their startups.

Will HR be replaced?

With the arrival of Creative AI tools for marketing and analytics, many companies have integrated them into their teams for better productivity. With products like Leena AI and Zoho Recruit helping companies, or in some cases, completely automating the recruiting process is proving to be a game changer for founders who want to keep a lean team. .

Last year, big tech companies Lay off many people in HR roles. Citing reasons for improving the department because AI was able to handle most of its jobs.

Moreover 9-to-5 jobs are also coming to an end. With the rise of the gig economy, as Reid Hoffman predicted. HR seems to be undervalued as there will be no regular employees in the future, which can also be problematic for companies trying to retain any talent. are

Many companies have already started outsourcing the hiring process to recruitment companies. It will also give. One person growing into billion dollar companies.

Another prediction is that by 2034, one in three professionals will run multiple micro-businesses. Passion economy will give rise to unexpected millionaires. It could also possibly lead to the first billion dollar business created by a person with the help of AI.

Given Bangalore’s culture, it’s very likely that the first one-man multi-billion dollar company will come out of the city, and it won’t need an HR department, because there won’t be anyone hiring or firing.

I wish! Even the HR jokes would have ended.