https://economictimes.indiatimes.com/tech/internet/facebook-buys-9-99-stake-in-reliance-jio-for-5-7-billion/articleshow/75283735.cms I have been thinking about this deal. I feel this deal is a real waste of great opportunity. You would ask what is that opportunity? This deal is more about just an opportunistic business transaction and not about innovation nor about entrepreneurship. Reliance needed the money urgently. It has huge debt of around $43Billion.Continue reading “Reliance – Facebook deal : Not in the interest of entrepreneurs and innovators”
Category Archives: Innovation
Loans to encourage entrepreneurship? You must be joking Mr. Jaitly
When I read the news of “Stand up India” program, first thought that came to my mind was “entrepreneurship can not be thrust upon anyone by giving money in hand”. On the contrary entrepreneurship is all about brining your ideas to life despite having all the odds stacked against you. Second thought that went thru my mind was why government wants to encourage only one section of the society to be entrepreneur. Entrepreneurship should be encouraged for anyone who has deserving ideas irrespective of caste, religion and gender.
Stop that innovation
While reading the news on Apple and MS’s results, one whacky thought came to my mind. If these two IT companies along with IBM, HP are close to $100Billion in annual revenue each, then top 25 IT companies put together would be making $1000 billion annual revenue. There is a great race going on toContinue reading “Stop that innovation”
Mind (and) Your Business 