Why is Facebook planning to go public now?

I just read about the plans of Facebook going public with a 10b$ share offering. I am sure that this is going to generate a lot of press and noise around this IPO. The question to ask is this: Why go for an IPO? Why now? In my opinion, the investors of facebook have realized that The dizzying growth rates in membership is no longer sustainable. The scope for breakthrough innovation is also reduced which could add substantial value to the company. Other players (Google+, Twitter) are catching up fast. The valuation for the company will only fall going forward […]

How can Crossword compete with FlipKart.com?

The only thing I indulge myself is in buying andreading books. Lots of books! I love going to a bookshop, browse their bookcollection, read a few pages of a book and buy it if I like what I see. Thereare times when I got so immersed in the book that I read the complete book atthe bookshop itself. I loved the cozy chairs that these bookshops provided withso many books to browse and read. Of late, I have seen that the stock of books atbookshops like Crossword has been on the decline. I also find myself and all myfriends (who […]

HCL is Obsolete Now, Says CEO Vineet Nayar

This is a bold statement to make for a CEO of a billion $ organization. It is also a provocative statement. What follows could determine the future of the organization. Any change process starts with instilling a sense of urgency within the organization that there is something that needs to change and it needs to change now. I think that is exactly what Vineet is trying to do within his organization. Next steps that HCL could take could be Identify and name a change champion high up in the organization who will be responsible to channelize all the energy that […]