auser678

I wear it as a badge of honor. Unethical and unsustainable companies like Uber get USD 40 Bil valuation by being led by arrogant misogynistic CEOs when they condone looking up user data including journalists

http://pando.com/2014/11/17/the-moment-i-learned-just-how-fa...

http://bits.blogs.nytimes.com/2014/11/18/emil-michael-of-ube...

Two reputed (understatement) publications decrying them, while CEO is arrogant and still does not fire Emil

And then this happens http://www.aljazeera.com/news/asia-pacific/2014/12/indian-wo...

While they claim they have extensive background tests for drivers. Investors reward with a 40 Billion valuation, which is more than Infosys valuation a 33 year old company employing 200,000 people, bringing a lot of poor people out of poverty and into middle/upper middle class (and many such companies like TCS, TechM etc)

SV VCs and in general VCs if you are focussed on companies which are cool and provide high growth and high rates of signups (the new eyeballs) refer to what happened to secret https://gigaom.com/2014/12/05/whats-happening-with-secret/ and pile on in news companies (dude you guys are like retail investors, Zynga, Groupon...unsustainable companies but a pile on)

I believe in building sustainable businesses which provide employees, founders, and eventual shareholders consistent returns over a period of time

I will never put a Zynga founder Marc Pincus in the same league as NRN. The difference they made to the world is levels (think exponential) apart

I would rather drill, toil, sweat it out than just hype out, I say with conviction as many companies in my space (mobile, cloud, Big data) did fail or sold out after creating a hype

@Uber with 40 Bill ur not going to make a mark in India.

My story got killed too

Consider Infosys an IT company built in India 33 years ago having a market cap of USD 75 bil and employing 200,00 ppl http://finance.yahoo.com/q?s=INFY

Infy is decried and 'defamed' as a company which does just 'services' while all innovation happens in valley. OK, agreed

What has happened in valley recently is that arrogance and growth (at unprofitable means ) value more than creating successful businesses which are sustainable but which whip up media frenzy, Groupon, Zynga. Businesses like Infosys, TCS have created more shareholder value by being humble than all of these so called hot Silicon Valley (flip to the greater fool) companies. You would have heard about Andrew Mason, Marc Pincus but many surely don't know NRN, Nandan Nilekani, Ramadorai,Vineet Nayyar, CP Gurnani, Chandra and Azim Premji. Someone do an analysis how much shareholder value these guys created over a period of time

Ex Alumni of these disciplined companies are starting to build the new generation of product companies (no services BTW sorry folks) and we/they thing big while maintaining financial discipline and efficiency.

With this kind of financial discipline, long term approach, and growth over a long period of time these companies will beat this culture of hubris and arrogance in SV which is prevailing right now. How is Groupon doing, someone please put a graph of there mentions in press over the past 5 years. Same with Zynga, and I predict Uber

Lets revisit after 5 years. Let the SV valley VCs on Sand Hill road remain, while the world is disrupted with tech they cannot understand yet.

Joseph Schumpeter said creative Destruction. SV and Sand Hill road is gonna get disrupted very soon.

The companies using H1 already pay a high penalty in terms of the very high fees, which is non refundable even if the visa is rejected. It is a source of revenue to the US govt

Now the same person ends up hiring more designers and marketing folks in US. That person has more discretionary income that is spent locally. The technology companies like Apple, Google and a lot of smaller ones end up hiring more people.

We have had a lot of clients who have done well and had the same path. I was deeply moved when one of our US clients told me that the app we had developed helped him pay the bills during the darkest days of the 2008 recession.

People need to understand this debate better

1. The app economy has democratised the idea to customer strategy. Outsourcing here provides a huge leverage. This is not like some IT department cutting down jobs and moving them to lower cost places.

2. The world is flat now, in terms of skills and not costs.

3. More non US companies are hiring in America and setting up offices there. We are doing the same.