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Ashneer Grover, the rebel slave. #shorts

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So Ashneer Grover just stepped down from BharatPe, and in his resignation letter, he said this: “You treat us Founders as slaves – pushing us to build multi-billion-dollar businesses and cutting us down at will. Investor-Founder relation in India is one of Master-Slave. I am the rebel slave who must be hung by the tree so none of the other slaves can dare to be like me ever again. Unfortunately, I refuse to walk that path and refuse to tolerate this continuous and shameful vilification of me and my family. I have been the one who founded this company and built it up to its enviable position today, no wonder you want to oust me for your vested interests.”
In his resignation letter, Ashneer Grover said he would continue as the single largest individual shareholder of the company. As of August 2021, Grover owned a 9.5% stake in BharatPe, and as per the company’s last fundraise, his stake was worth between ₹1,800 and ₹1,900 crore.
In a statement, BharatPe said Grover’s resignation came minutes after receiving the agenda for an upcoming board meeting “that included submission of the PwC report regarding his conduct and considering actions based on it”. It added that the board “reserves the right to take action based on the report’s findings”. The board had appointed PwC late last month to investigate aspects such as accounting, approval processes, expenses, and hirings.
#shorts
In his resignation letter, Ashneer Grover said he would continue as the single largest individual shareholder of the company. As of August 2021, Grover owned a 9.5% stake in BharatPe, and as per the company’s last fundraise, his stake was worth between ₹1,800 and ₹1,900 crore.
In a statement, BharatPe said Grover’s resignation came minutes after receiving the agenda for an upcoming board meeting “that included submission of the PwC report regarding his conduct and considering actions based on it”. It added that the board “reserves the right to take action based on the report’s findings”. The board had appointed PwC late last month to investigate aspects such as accounting, approval processes, expenses, and hirings.
#shorts
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