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What a scam !!!
by kuntal on Jul 28, 2006 04:13 AM

"Exodus went on to become one of the most succesful IPOs of the year" - And then what? a huge bankrupcy !!!

"Jamcracker struggled at first but became the leader in utility based IT" - where they are one out of one player, and are therefore the leader since no one wants to touch it with a barge pole !!!...

Guys - Who are you trying to fool? This guy has burned through millions of dollars of VC and public money. Anyone who has invested alongside him has not seen a dime unless they dumped stock and ran. Jamcracker - Its not a leader in anything except for the grandest launch party they threw when they took out half of San Francisco on rent.

The guy was at the right place at the right time, he made his money by selling his stock. That is not wrong. But that doesnt make him a good businessman or a visionary. He is incapable of creating lasting value after multiple attempts.


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The amazing story of Chandra