
‘No one likes to work 140 hours a week': Soham Parekh admits to holding multiple jobs across US startups, cites financial struggles
In a candid conversation on a TBPN show, Parekh openly acknowledged the allegations. When asked directly, 'Is it true?', he didn't dodge the question. 'It is true,' he replied. 'I would surely like to add colour to it but it is true.'
Parekh, who misrepresented both his employment status and his location to various companies, said he never set out to deceive for personal gain. 'No one really likes to work 140 hours a week, but I had to do it out of necessity,' he explained, insisting that it was survival–not ambition–that was at the heart of his choices.
Pressed on whether he believed he had broken any laws or simply taken advantage of legal grey areas, Parekh leaned into his remorse. 'I'm not proud of what I've done. It's not something I endorse either,' he said. 'I did what I had to do to get out of a tough situation.'
Despite criticism, including allegations that he misused his authority over junior developers, Parekh firmly denied that part. 'That's simply not true,' he said.
While he admits he made serious errors in judgment, Parekh says he has learned from the experience and takes full ownership of his actions. 'I was determined to change my situation, and I took action to help myself through it,' he concluded.
The video is going viral and have drawn reactions from netizens as well. A user commented, 'If anyone is going to be the first 1-person unicorn, it'll be Soham Parekh.' Another user wrote, 'There's nothing wrong in working for multiple companies at same time if he's delivering results. Companies are unreliable these days, just see the number of layoffs. Infact everyone needs to have multiple jobs. So I don't think he did anything wrong.'
A third person wrote, 'I can't believe I'm watching this as it's happening. Film directors are probably scrambling to get as much as they can out of this.'
A fourth individual commented, 'Again putting people in a guilt trip citing his personal financial situation because he didnt have money for going to a grad school. Total BS.'
Soham Parekh, who hails from Mumbai, eventually made his way to the United States in 2020–a move that had been in the works since 2018 but was delayed due to financial hurdles. He had initially planned to begin graduate studies that year but had to put those plans on hold.
Now, Parekh is at the center of controversy after Suhail Doshi, co-founder of Mixpanel, publicly accused him of deceiving multiple US-based startups by holding several jobs at once. In a tweet, Doshi alleged that Parekh was 'scamming US startups' by simultaneously drawing salaries from four to five companies–many of them backed by Y Combinator–while operating from India.
Despite the accusations, Parekh's resume paints a picture of someone with strong academic and professional credentials. After completing his undergraduate studies in Computer Engineering from the University of Mumbai in 2020, he went on to earn a Master's degree in Computer Science from Georgia Tech in 2022.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)

Business Standard
8 minutes ago
- Business Standard
Smallcap media stock soars 54% in 6 days; Ranbir Kapoor to acquire shares
Prime Focus share price: Shares of Prime Focus hit a new high of ₹175.70, surging 10 per cent on the BSE in Friday's intra-day trade after the company's board approved the issue of 462.7 million equity shares on a preferential issue for a total consideration of ₹5,552 crore. In the past six trading days, the stock price of the small-cap media and entertainment company soared 54 per cent. It has zoomed 107 per cent from its 52-week low price of ₹85, which it had touched on March 17, 2025. Board approved preferential issue to promoters and others On Thursday, July 3, the board of directors of Prime Focus has approved the issuance and allotment of up to 462.6 million equity shares of the company for a total consideration value of ₹5,552 crore. The company will issue and allot up to 430.1 million equity shares to the relevant proposed allottees/investors against the company acquiring certain shares in DNEG S.a.r.l, Luxembourg, a step-down subsidiary, pursuant to a share swap, for a total consideration value of ₹5,161 crore. While the remaining 32.5 million equity shares to the relevant proposed allottees/investors against the company raising funds aggregating up to ₹390.5 crore. The names of the non-promoters proposed allotees include Ranbir Kapoor (1.25 million shares), Singularity Equity Fund (2.08 million), Axana Estates LLP (2.08 million) and Novator Capital Limited (111.28 million). Prime Focus to build ₹3,000 crore film city over 200 acres in Mumbai Prime Focus on May 2, announced an ₹3,000 crore investment to set up a 'film city', housing an entire ecosystem related to entertainment. The entertainment company signed a memorandum of understanding (MoU) with the Maharashtra government to create the facility, which has the potential to create up to 2,500 jobs. The MoU proposes an investment of ₹3,000 crore (approximately $400 million) in the development of a new entertainment ecosystem, creating a unique destination for content creators, tourists, and fans of entertainment from all over the world, and creating thousands of highly skilled jobs in the region, Prime Focus said in statement. Investment will create the world's most technologically advanced and digitally connected content creation ecosystem at the heart of one of the world's oldest filmmaking industries. The new hub, which will also feature world-class entertainment and lifestyle experiences, is designed to attract both domestic and international tourism, the company said. Industry outlook By 2026, the Indian animation, VFX, and post-production industry is on track for significant growth, with a projected compounded annual growth rate (CAGR) of 17.5 per cent to reach ₹18,500 crore. India's animation, VFX, and post-production industries are projected to record ₹5,600 crore, ₹8,300 crore, and ₹4,600 crore in revenue by 2026, respectively. In addition, the government incentives offering up to 30 per cent cost reimbursement aim to boost competitiveness and attract foreign collaborations. Adding to the positive outlook, the massive growth of 152 per cent in US demand for adult animation creates substantial outsourcing opportunities for Indian studios, Prime Focus had said in its FY24 annual report.
&w=3840&q=100)

Business Standard
8 minutes ago
- Business Standard
Coal miners spent ₹3K cr on progressive mine closure in 3 years: Official
The official said that in the case of non-coal, the state governments have been a bit slow in carrying out mine closure, with the forfeited money available to them through the Indian Bureau of Mines Press Trust of India Hyderabad About Rs 3,000 crore was spent during the last three years by coal mine operators on progressive mine closure in the country due to the efficient work by the Coal Controller, said a senior official on Friday. Addressing the Indian National Committee of the World Mining Congress (INC WMC) here, V L Kantha Rao, Secretary, Ministry of Mines, also said that when it comes to the non-coal sector, the Controller General of the Indian Bureau of Mines is ensuring that all 1,200 mines are undertaking progressive mine closure. "They (Coal Controller) have ensured that in the existing, there are about 500 coal mines, and people have spent about Rs 3,000 crore in the last three years on progressive mine closure. That's a big achievement, and all the credit goes to this Coal Controller who has ensured that people spend not only at the end of the coal mine but also every five years," Kantha Rao said. He further said that in the case of non-coal, the state governments have been a bit slow in carrying out mine closure, with the forfeited money available to them through the Indian Bureau of Mines. Union Minister G Kishan Reddy, in his address, said as many as 500 mineral blocks have been auctioned to date since the auction regime began, while 119 have been auctioned in the last year alone. Similarly, policy changes have made it easier to do business in mining and encouraged private companies to take part, such as 50-year uniform mining leases, he further said. "No more delays due to lease renewals, easy transfer of permissions, funding support through the National Mineral Exploration Trust, and the first-time launch of exploration licenses to encourage the private sector," Reddy said. As a result of focused efforts, India crossed a historic milestone, producing over 1 billion tonnes of coal for the first time in Indian history. At the same time, coal imports dropped by 7.9 percent, falling to 243 million tonnes in 2025, Reddy added. Kishan Reddy launched vision documents on the aluminium and copper sectors separately. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Time of India
16 minutes ago
- Time of India
Hotmail co-founder Sabeer Bhatia has this advice for Indians: ‘The way I see it, India can become …
Sabeer Bhaita, co-founder of Hotmail has once again stirred a controversy online by praising US, while giving an advice to India citizens. The Indian-origin millionaire recently extended his Fourth of July wishes to the United States, which he referred to as his "adopted country." In the same post Bhaita was seen giving a piece of advice to his fellow Indian citizens. Read Hotmail co-founder Sabeer Bhaita's post here Sabeer Bhaita took to X (formerly known as Twitter) to post his wishes on the 250th anniversary of US. Bhaita's post features American glass emoticon and reads, 'Happy 250th Anniversary to my adopted country," followed by an Indian flag emoji. He then went on to suggest that for India can to reach this same level if the citizens of the country make a fundamental shift in their mindset. "The way I see it, India can become as prosperous as the US — all it takes is a change in the way its citizens think,' Bhatia stated. Sabeer Bhatia again writes post 'shaming' India This is not the first time, that Sabeer Bhaita has written a post criticising India. Last month, Bhatia shared a post on X criticising India's economic progress. Following his earlier Sindoor post, which questioned India's economic pride, Bhatia doubled down with another post, stating that 415 million Indians survive on Rs 265 per day, calling it a 'shame' rather than a cause for celebration. His remarks have drawn brutal backlash from netizens, who questioned his motives and contributions while residing in the United States. In a post on X, Bhatia stated, "Instead of hanging your head in shame that 415 million people in India survive on $3.10/day [approx. Rs 265/day], you brag about being the world's 4th largest economy. Shame on you."