Rajesh Jain reflects on the advice he received from investment banker Hemendra Kothari regarding selling IndiaWorld in 1999.
Prediction Not checkable as stated
Rajesh Jain says India's modern startup wave is irreversible
“So, I think this wave, unlike the 99, 2000 wave, where it lasted for a very short time, This is really substantial and irreversible. And this is really what's going to make the future of India because government in India cannot solve problems. So whether it's …”
Insight
Rajesh Jain: Indian consumers will not pay for digital content subscriptions
“Because I realized Indians will not pay. They'll share the password and login and password, but they're not going to pay, even though it was just about 20 dollars at that time.”
Insight
Rajesh Jain divides India into Singapore, Poland, and sub-Saharan income tiers
“So I always look at India as there are ten million Indians who have the lifestyle of Singaporeans or you know, whatever, 50, 60,000 dollars, and a hundred million Indians probably of middle income like Poland. Then you have a billion Indians who are, of course…”
Assertion Contradicted
Rajesh Jain notes that more than 90% of Freshworks is investor-owned
“Because otherwise, like in Freshworks, more than 90% of the ownership is with investors.”
Assertion Partly supported
Rajesh Jain paused his tech career in 2012 to work for Modi
“In 2012, I stopped because I started, I was doing some work on the political side, which I did for almost six, six and a half years. So at that time, I didn't want to write anything which would I could not be candid about what I was doing, and I did not want t…”
Assertion Supported
Rajesh Jain: IndiaWorld was the first Indian internet website
“And it was the first internet website, first Indian, of course, internet website.”