| Yeah sure. You can get senior leadership anything, as long as you pay 5x the market standard pay. This is for companies who are a net negative in profit. 'Funding stats' don't mean anything in this case where they have to keep dumping money never to see any returns. This will hurt the long term ecosystem even for genuine start ups. As investors will largely look at India as some kind of a money sink, where rogue upper managements splurge by paying big money salaries to their own. >>We are one of the world's largest consumer internet and smartphone market Is this why Tata Docomo is shutting operations. Jio is in the debt of the tune 1,25,000 crores and Airtel is enduring losses just to survive? >>oh and with strong net neutrality guarantees. We all saw how 2G lobbying went. >>Everyone wants to tap into that. India is moving very differently now ! Tap into what? Losses? >>who want to move back to India... Most of them hold US passports, and will bail at any hint of trouble. They will continue to work as long as their obscene compensations are sustained. They did the same during the 2008 crash. Moved to India, made big money and moved back to US the moment the honey was sweeter there. Let them put their money where there mouth is, give up US passports, take up Indians passports and work here. Until then nothing much can be expected from this loot-and-scoot crowd. |