Aug 21, 2007

Root cause of Brain Drain

This blog is written and owned by Saurabh Gupta
I have always questioned the idea of working for other countries, and have been thinking about 'Brain Drain' issue for quite sometime now. Giving it a deeper thought, I figured out that it is not an issue, it is an Escape; Escape from a system which claims to be clean and clear but is hollow from inside, which claims to be promoting Youth and Future India but is actually hindering the growth of very basic quality of leadership among them. I realized that most of the people don't care about whom they are working for or why they are working for them. They work for a peaceful and happy life where they can live with Self-respect and enjoy a free life. If you look at the present scenario, people are not crazy about America, they are crazy about the quality of life there. American economy (for example) doesn't ask its citizens to work for their companies only or live in the country; they just provide a clean, independant and accountable system where a common man can sit, relax and enjoy. They preach Freedom, Liberty and Independence and even though we preach the same, we just ignore to provide the freedom of self-respect to a common man. Common man can't defend himself if a powerful man goes against him, his family or his life.
If looking closely to the problem of corruption at the lowest level, in US, there is a system of tipping and people who earn less are tipped and hence they don't need to ask for bribes. Why can't we look for similar solutions? Why are we always asked for bribes? Why only licenses issued easily to powerful people and a common man has to fight it out? Why are we supposed to pay bribes for each and every government work? Issue is Accountabilty, Issue is ill use of power, Isue is Bol Bacchan Amitabh Bacchan... Leaders say tonnes of things but the very basic problem of ill treatment of common man is not targeted by anyone.
If you look at the issue of Brain Drain closely, it is not that people are betrayers of the country if they work for foreign companies or go to foreign countries to work. They want to live with self-respect and they don't want to see all this mess lying here. Law of the land is to protect yourself and your Family and provide them a good quality of life. Law and Order in India is forcing all those who can ESCAPE, to escape from the system. If you have lived in this country, you must have seen lines of people around MLAs, MPs, Ministers and if you want to lead a good quality of life, you ought to know these people.
Here arises the problem.. In good colleges like IITs and IIMs, students are taught to be the best in whichever field they enter but when they enter the world, they see the power lingering around the politicians and messy Law and Order situation. It is the loop hole in our economy which is forcing this talent to leave the country and American politicians are smart enough to attract this talent.
Seeing all this situation in the country, the reflex action is to escape, escape to a place where common man can dream, live and has a accountability if something wrong is done. Practically speaking, there is no such place but some places are better if Law and Order situation is compared.
Some scenarios commonly seen which force me to think to escape; you are going with your sister and you hear a comment or you hear abusive words. You are robbed on a street and you go to police station for help, but you are blamed for everything. Your son is missing and you are a common man. You are asked for money for a driving license even if you satisfy all the criterias. If you think about these situations closely, not everyone would like to go and fight, but every powerful man will say; Dare someone say or do this thing to me. This country is great for Powerful leaders, Politicians, Collectors, SPs, renowned Doctors but no one cares about the common man. Even if I am at a good post, I can't see a common man treated like that and so my reflex action is to go for a free land or to do something to change law and order situation of this land.
Brain Drain situation is there because those who can, just escape. I think 75% population, if given chance will escape this system, not for money but for a better life. And, the remaining 25% are those people who have power and need common man to show that power. I am not saying that corruption is there in India only, all I am saying is that in this country common man is ill-treated.
We all think about the ways to solve the problems existing in the country. I have always believed that generating employment, opening new sectors and streamlining the system can solve the problems. For most of these is required to retain the brains of this country to remain in the country and work for it. To tell you the truth, seeing the current Law and Order situation in India, sometimes I feel like living in a developed country. If you want to retain the Youth then you ought to give them respect and make leaders out of them and not coward, scary followers of this frustrating system. All that is needed is accountabilty if something wrong is done anywhere in the system.

Jul 20, 2007

NEA’s Kittu Kolluri on Entrepreneurship

NEA’s Managing Partner Kittu Kolluri is an engineer turned entrepreneur turned investor. Kamla Bhatt of " The Kamla Bhatt Show" speaks to Kittu at NEA's Sand Hill Road Office in Menlo Park.

Kittu Kolluri's Profile:

Kittu joined NEA in 2006 as a General Partner and focuses on information technology investments. Present NEA board memberships include Nevis Networks, RingCube Technologies, SnapTell, Teracent, and WeatherBill. Prior NEA board memberships include PortAuthority (NASDAQ: WBSN). Formerly, Kittu was Executive Vice President and General Manager of the Security Products Group at Juniper Networks, a position he assumed following Juniper's acquisition of NetScreen Technologies. At NetScreen, he was General Manager of Secure Access Products, a position he assumed following NetScreen's acquisition of Neoteris, where he served as President and Chief Executive Officer. Kittu brings more than 17 years of experience at the leading edge of the technology industry. He co-founded Healtheon/WebMD, introducing online healthcare to the market. As Senior Vice President and General Manager of Provider Services, Kittu was responsible for product development, operations and business development. Before co-founding Healtheon/WebMD, Kittu worked at Silicon Graphics, Inc. (SGI) managing high profile Interactive TV projects. He also serves on the Board of Directors at Determina. Kittu holds a B.Tech in Mechanical Engineering from Indian Institute of Technology, Madras, India, and a M.S. in Operations Research from the State University of New York, Buffalo.

Check the Kamla Bhatt's podcast link to see his views on Entrepreneurship :

Part One:
http://www.podtech.net/home/3546/neas-kittu-kolluri-on-
entrepreneurship-part-i

Part Two:
http://www.podtech.net/home/3618/neas-kittu-kolluri-on-
entrepreneurship-part-2

Mayfield Fund’s Yogen Dalal on IIT, India and Entrpeneurship

Yogen Dalal is the managing director at Mayfield Fund, in Silicon Valley. In an interview to Kamla Bhatt of "The Kamla Bhatt Show" (http://kamlabhattshow.com/pdcst/about), Yogen answers Kamla's tough questions, like what to do if your venture fails, and how to handle failure, generally.

Yogen currently sits on the boards of Affinity Labs, Consorte, Packet Design, PacketHop, Podbridge and Revenue Science. Yogen's past notable investments include Arbor Software, BeVocal, BroadVision, Concur, Nuance, OuterBay, Packet Engines, Snapfish, TIBCO, Vantive and Whistle.

Prior to joining Mayfield, Yogen was a founding member of two successful startups, Claris Corporation and Metaphor Computer Systems. Yogen was also a member of the original Star and Ethernet development teams at Xerox and a co-author of the TCP Specification while at Stanford University.

Yogen earned a Ph.D. in Electrical Engineering and Computer Science from Stanford and a B.Tech. in Electrical Engineering from the Indian Institute of Technology, Bombay where he was recently honored as a Distinguished Alum.

Yogen is a Charter Member of TiE and a board member of the Entrepreneurs Foundation. He also serves on the board of the Oregon Shakespeare Festival, a nationally acclaimed professional non-profit theater company in Ashland, Oregon.

Check out Kamla Bhatt's podcast link to hear his views.

If you are facing problems with the link then simply copy and paste following link in the browser.

http://www.podtech.net/home/3631/mayfield-funds-yogen-dalal-on-iit-india-and-entrepreneurship

Jul 19, 2007

RCom plans largest wireless network in the world

Reliance Communications has grand plans. The Anil Ambani-led telecommunications major aims to have the single largest wireless network in the world by year-end, covering over 900 million Indians.

The company has more than 1 million retail customers in the United States, the largest for any Indian company across any sector, a media release from RCom said.

RCom has launched virtual international calling and voice content services in the US, Canada, UK, Australia and New Zealand. The company is one of the leading providers of international connectivity and data services to telecom operators, content providers and Internet communities.

  • Reliance Communications plans to invest Rs 16,000 crore for network expansion in FY08.
  • Company will launch DTH services by end of this year.
  • Reliance Communications to spin-out BPO business.
  • Reliance Communications to unlock value in Flag Telecom through private placement of equity and international listing of shares before year-end. The company will also unlock value in tower business through placement of minority stake to financial investors.

RCOM undertaking 4 key initiatives for unlocking value this year.

  • Unlocking of value in TowerCo through placement of minority stake to financial investors at an advanced stage.
  • Expect positive surprise in TowerCo valuation compared to analyst estimates.
  • Yipes acquisition to substantially enhance FLAG Telecom valuation.
  • Unlocking of value in FLAG Telecom through private placement of equity and/ or international listing of shares before year-end.

Further unlocking of value through development of Special Economic Zone at Dhirubhai Ambani Knowledge Centre focused on IT and IT-enabled services.


IT/ITES SEZ project already cleared by the GOI's Board of Approvals.
Check the full story at : http://inhome.rediff.com/money/2007/jul/17rcom.htm

WatchIndia launches Internet TV Portal for Indians

WatchIndia (http://www.watchindia.com) has launched an entertainment portal for Indians in US and Canada. The portal will comprise of live Indian channels and video-on-demand content featuring Indian TV, news, Indian TV serials, Bollywood movies, music and cricket. Some of the channels that will be streamed live are Zee Tv, Zee sports, Aastha, Zoom and Times Now News.

Subscription package costs $25 /- month and can be viewed anywhere except in India.

WatchIndia is the first site for Live Asia TV, a media company that was founded in early 2006. Live Asia's goal is to bring ethnic programming to those residing outside their country of origin. WatchIndia is partnering with top rated networks in India to provide breaking news, hit series and entertainment specials, fascinating documentaries, thrilling sports events, cricket matches, exclusive commentary, and the best of Bollywood movies. Zoom, Times Now, Aastha, IOL, Zee TV, and Zee Sports can all be viewed live on WatchIndia.com, on Video On Demand or downloaded via the Download Store.

Check out the full article at earthtimes.org link or simply copy paste the following link to the browser http://www.earthtimes.org/articles/show/news_press_release,140697.shtml

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