We don't want founders who want to sell secondary, Says Bikhchandani of Info Edge
India, Dec. 1 -- Info Edge founder and chairman Sanjeev Bikhchandani on Wednesday surprised everyone when he took a jibe at an epilogue from former BharatPe founder Ashneer Grover's bookDoglapanon Twitter.
"We seek entrepreneurs who want to run the company for the rest of their lives, if needed. We don't want founders who want to sell secondary," he said in a long Twitter thread, reacting to an epilogue from former BharatPe founder Ashneer Grover's book Doglapan.
Here, Grover has advised founders to always put themselves first and take every secondary sale opportunity to liquidate their stock.
"In fact, as a thumb rule, at least 80 percent of the proceeds of any secondary sale should come to the founders. You may allocate the balance 2...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.