Reliance – Facebook deal : Not in the interest of entrepreneurs and innovators

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”