| The Rise and Fall of Naveen Jain
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
Then he was busted for unethical
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
Amma's Column: My friend Sarojini
Kulkarni, and her father Narayan
Prof. A.N. Moorthy Rao is No More (via ThatsKannada)
A/N. Moorthy Rao (1900-2003)
|(Comments Disabled for Now. Sorry!)||First Written: Saturday, August 23, 2003|
Last Modified: 8/26/2003