Naveen Jain rose to prominence during the dot-com boom and at one time was worth some 8 Billion US Dollars.
The Indian press sang his glories to no avail. His quotes like "I am tired of making billions for Bill", and "We will be the first trillion dollar company" made regular rounds, and he was a much sought after executive among the reporters. Everybody wanted to be like Naveen.
His arrogance was to prove too costly. Fellow executives could not work with him, and he was eventually fired from the company he started.
Then the multi-million dollar house he'd bought started leaking. He sued, and lost.
Then InfoSpace sued him under the Non-Compete ethics.
Then he was busted for unethical insider training.
Today he was ordered to pay $247 million back to the company he founded.
Poor dude. Nothing's going his way thesedays. What a mess, what a legacy.
Let us change gears now to recognize some ordinary, yet extra-ordinary heroes.
Amma's Column: My friend Sarojini Kulkarni, and her father Narayan Rajpurohit.
Prof. A.N. Moorthy Rao is No More (via ThatsKannada)
