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Vikas Kamat
 Vikas Kamat is a programmer- entrepreneur living in Atlanta. This blog is a complex mix of Indian culture, life in southern USA, computer sciences, and sports. Opinions are his own.
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Best of AnthoBLOGy

Unripe Revolution
Rooster's Dharma
Don't Know Jack
No Love for Condi
Blogger's Block
Father of the Bride
TinTin's Diary - I
TinTin's Diary II
Hate Bollywood
Child Labor
M.F.Husain Guilty
Marathi & Konkani
Artist's Daughter
India's First IT Guru

 

Computing, Libraries, Tennis, India & other interests of Vikas Kamat

Rise and Fall of Naveen Jain Durable Link to this BLOG
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 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)

Potrrait of Prof. A. N . Murthy Rao
A/N. Moorthy Rao (1900-2003)


(Comments Disabled for Now. Sorry!)First Written: Saturday, August 23, 2003
Last Modified: 8/26/2003

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