Alok Kejriwal

Alok Kejriwal

1p

1 comments posted · 0 followers · following 0

15 years ago @ MediaNama - Mobile2Win Merges With... · 1 reply · +2 points

Sorry 'Ris' or whoever you are - you jump to conclusions ! M2w was a company with multiple investors and the original team members - Rajiv and GK very encouraging new investors to come in and retire us (Siemens and contests2win) just because we weren't financial investors anymore.
Here is cherry on the cake- ICICI Venture and Nexus are investors in contests2win.com so post this sale and more importantly our sale of Mobile2win China to Disney in China, we declared and paid out a 1250% dividend at contests2win and paid out REAL money to investors.
I can assure you that Nexus and ICICI as well as ALL THE ESOP share holders of c2w were very very happy with the cash that came their way.
I also totally disagree with your concept of 'holding on' forever - building a great company is a relay race - you run your part and hand the baton over. If there are co-founders and key team members, then entrepreneurs have all the rights to 'take the money and run'
Look at the large strategic sales in Telecom, Pharma, even the recent Ad Gel Pens to Bic - all point in the same direction.
So, Ris, which companies did you create and sell in the end?