Father and son, both successful entrepreneurs, discuss their approaches to building businesses. Purchase tickets for Web Summit 2016 here - websummit.net/
Arre bhai, your dad was a civil engineer, and it's a lie that you had to go around Indian villages for food. You were better off than most of the Indian.
he just exaggerates everywhere he goes, no matter how honest his dad was, am sure his job paid him enough to put food on the table. Especially in those days engineers were well respected and obviously paid better than most other people.
Naveen Jain is one of those fraudsters who has successfully avoided jail time. I have been following his antics since InfoSpace days. (1998). I am one of the bag holders of InfoSpace stock. :) 10 years ago when you typed his name into Google the first page revealed his misdeeds. He has definitely hired some SEO pros to clean up his ‘Reputation’ since then. Now you need to type his name along with his true reputation, i.e ‘Naveen Jain Scams’ which will reveal his true nature. You don't have to believe me. Check out the articles from the Seattle Times, Techcrunch, and Fortune. He has also founded Intelius which was in news for cheating its customers. Intelius has been accused of using deceptive marketing practices to enroll customers for some subscription services which they didn’t want and charging their credit card for the same thing. This resulted in class-action lawsuits which were settled out of court later on. Now he is trying his hands in building machine-operated spacecrafts which can mine materials like gold, cobalt, platinum, and Helium-3 (nuclear energy fuel). His company Moon Express or MoonEx managed to get approval from NASA for first private Lunar Landing in 2017. Now it remains to be seen if Naveen has learnt something from his past and does something concrete and genuine this time. I don’t think he will be successful as he has habit of making tall claims but he failed to deliver on those claims. Only time will tell if he will deliver this time.
@Web Summit, kindly saying that you have to take better care of the sound quality of your broadcast, the resonance is pretty annoying and with Naveen Jain speaking so loud, it doesn't really help bringing the message across. Now, I have been watching some interviews of Naveen Jain and so far thought he was very inspiring, now mining the Moon is bringing further the colon mentality and we've been already taking so much from the Earth, I find it pretty scary that someone that rich wants to go and once again take from the Universe while at the same time saying he wants to save the problems and make people's life better. Lastly, what about the comments below from Indian people saying it's a lie that he grew up poor??? More clarity on the subject would be appreciated. Thank you :)
Jains are a community of businessmen. Most of them are wealthy entrepreneurs or business owners. I believe the Indians who say he wasn't really poor are basing their statement upon this fact.
0:50 how did you guys started? Okay, we skimmed people's hard earned money by opening a fictitious company InfoSpace.... slap on the face by host is 1:40 - 1:58
Arre bhai, your dad was a civil engineer, and it's a lie that you will have to go around Indian villages for food. You were better off than most of the Indian.
Success is not how much money you have in the bank is only looks good tho hear but the fact is when the person say this is only after he has the money in the bank that is the confidence and it came from having a lot of money in the bank and that is the real fact that nobody can ignore it.
Naveen i follow you on most platforms ,, when you comment on Donald trump it does not look good on you. if America has not given you the platform imagine what you could do in India... I am hoping you do something in India. there are more beggars in India many farmers do not have resources of water,Power or any support. education system is pathetic. research companies are few people running after money no ethics. If you advice like mother Teresa...you need to show up like her. i am not insulting you as i am no one. India needs Innovation and Infrastructure....if you solve these listed problems i will bet you mean what you preach.
Naveen Jain, a civil engineer from an almost priestly class or possibly a merchant class, claims that he grew up poor in India and many times they did not have food, moving from village to village...That is an extreme exaggeration by Naveen. Come on Mr. Jain, do you have to shame India so much that people would stereotype the rest of Indians everywhere? I mean, you want to look like a superman, but do you have to lie and exaggerate the financial situation of your family roots so much? Where is your loyalty to the motherland? You were born and raised in India where you probably completed a lot for your education, whereby the state-supported colleges and universities gave you almost free education and you don't think you owe them a decent compliment? STOP bragging about your entrepreneurship or success by putting down your family finances or your mother-land. STOP exaggerating what you do and how you did all great things. STOP disrespecting India. Karma will strike you if you DO NOT.
