Payout for value destruction
If Snapdeal raised money from investor at 6 billion value and selling for $950M, why should the founders receive a $50M payout. Isn't this payout for value destruction??
First we set a wrong trend for investment at crazy valuation then we set another wrong one of founder exit for value destruction. more
First we set a wrong trend for investment at crazy valuation then we set another wrong one of founder exit for value destruction. more
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Yes, but this is how valuation is anyway done in America? Their money has value; there is business ethics and society approves it. Also, it is very difficult for the competition to come in. It is also difficult for small businesses to survive. Here it is all different. It is only in India that we have more than 50,000 companies making pumps and all qualified engineers, well conversant with fluid movement; yet not a single market leader? All companies are able to survive and earn basic living for itself and employees. No doubt, basic livings are basic only. We are changing. Basic requirements are changing. Minimum salaries are taking a different turn. The scale of operation will need to change for survival soon. True the society must also question such transactions. Was a game played to divert or siphon out or to run away with the funds? This is where the role of Company Affairs or Company Sec-rectories comes in? All are working under oath to protect the society from frauds. A serious fact finding yet, rational investigation is called for? On Sun, Apr 9, 2017 at 10:52 PM, Shikha Chhabra < support@localcirclesmail.com> wrote: > more
Apr 12
if you have the details of the transactions you can take up with Economic Offence Wing. 5 B may be in 'Store in Transit'. there is a goodwill value of the Name of the co. On Mon, Apr 10, 2017 at 11:22 AM, Shikha Chhabra < support@localcirclesmail.com> wrote: > more
Apr 10
On what basis was a valuation of US$ 6 Billion arrived at for "Snapdeal"? Who are the persons or company that has put this valuation? And then a $ 50 Millions to the promoters? This is another scam. more
Apr 10
As rightly said by Warren Buffet, Investors create risk by doing what they don't know or without knowing them. Even though we have many financial tools for determining valuation like DCF, PE, BV, etc., investors always attract for an auction based valuation. Now the point is who is a winner and loser in that auction. more
Apr 10
