With #ResignKenney continuing to trend, I want to talk a bit about what realistic options Albertans have for holding this govt accountable.

Let's be clear about one thing - there is no way Kenney will choose to resign. There are, however, other ways to take down a leader [1/8]

Sources : This author has been continuously maintaining that the Brahminical hegemonic forces are surrounding Tamil Nadu from all sides and they are seeking revenge for Periyar’s social justice.

One Sridhar Vembhu, @svembu is the CEO of Zoho Corporation. He is 1/n

High Net Worth individual. He is the founder and CEO of Zoho Corporation. According to Forbes, he is the 59th richest Indian in the world with a net worth of US$2.5 billion as of 2020

Vembu runs the in-house Zoho University, which provides training to students who have 2/n

completed 12th grade and have certain math and tech skills.
Vembu has a Ph.D. in electrical engineering from Princeton and started his career at Qualcomm in 1994. Zoho is building a new 375-acre campus in Austin, Texas, which will also house its Zoho University. 3/n

Recently, he announced the release of a new Messaging App called “Arattai” and said this is an alternate to WhatsApp.

Vembhu owns a palatial house in Pleasanton California. With such huge money and wealth, the said Vembhu is purchased 4 acres land in Mathalamparai, Tenkasi under the guise of improving villages. In an interview to Forbes India, the said Vembhu had this to say 5/n

1. A thread on Downtown #Vancouver's office construction boom. When it's all said and done there will be roughly 10 million SQ FT of space will be added to just the core.

Here's a brief rundown on what is already approved and under construction...

2. We'll start with what is dubbed as Amazon's unofficial HQ2, or at the very least it's Canadian HQ. At 1.1 million SQ FT this is the largest office development in the city and will help shift DT east as it will house 7500 jobs once occupied.


3. The Amazon building is also significant because it will animate that stretch of West Georgia, Homer, Hamilton and Dunsmuir. It will no longer be a black hole for pedestrian activity. There will be approx. 185,000 square feet of retail and food hall space.

4. Next up is the Stack Tower to be anchored by EY. It's at the western edge of the Central Business District (CBD) and will become #Vancouver's tallest office building when complete. It clocks in at roughly 540,000 SQ FT and 530 feet in height.

5. Recently approved Steam Plant tower has a unique design and large floor plates. With nearly 600,000 SQ FT of office space, this is the second largest office tower that we could see. My bet is that this tower will start to take shape in a year or

11 controversial lessons I learned from my father on running a small business.

While these lessons are not the gold standard.
At times I've seen these to be true.

A Thread.⤵️

1. If you're going to run a business start from the bottom and work your way up.

Knowing how everything works from the bottom up is key to managing properly.

Or in his words, no one can bullshit you when you know what it takes..

2. If you want something done right you have to do it yourself.

Obviously you can't do everything yourself. You have to be in charge of following up constantly to make sure it gets done, and done right.

3. Don't buy anything you can't pay for.

Taking out loans is okay if the work is there to pay it back. The last thing you want is for work to slow down and you'll be stuck with a lease bill.

4. There are three stories. Your story, their story, and the truth somewhere in the middle.

When disputes and rumors start going around. Get all parties involved together to narrow down the truth.

#PolicybazaarIPO Long thread: There is monetary printing by RBI, there is lending by banks & finally there is the Indian IPO. “Foreign owned” company with ~1 Bn investment is selling “Indian” unicorn to “savvy” Indians for $ 6.2 Bn. Want to know how this printing works? Let’s go-

The basics: Rs 6017 Cr being raised by new shares (Rs 3750) & re-selling (Rs 2267). Face value Rs 2 offered at Rs ~1000 per share is one of a kind. Who decides the price? Examine the valuation ladder below.
With ~$ 150 Mn invested till 2017, we see $ 525 Mn rushes in after 2018

So, a company valued $1 Bn in 2018 & $ 1.5 Bn in 2019 by key investors like Tencent, suddenly “needs money” in March 2021. Falcon Edge “invests” all of $ 75 Mn in March at valuation of $ 2.65 Bn.
Enter IPO bankers a couple of months later & they value the company at $ 6.2 Bn

Why does PolicyBazaar need $ 75 Mn just 6 months before IPO & give away 2.5 times in returns? And it doesn’t even use that money as the B/S reflects appx Rs 1000 Cr in cash lying around.
What kind of a favor is that? Why do they need US investment bank for this just before IPO?

Notice 50% rise in shareholding of promotors here & a 1: 500 bonus share issue. After all, how do you print money & still keep share price at “reasonable” Rs 1000?
Without bonus issue in June 2021, each share would have costed Rs 50,000. Heard of circular valuation?