RE:RE:targeting a ceo in a negative lightvulturecapital wrote:
Maybe we don't object because we agree with him. Gupta is a little too fond of celebrities and travel. He needs to stay home and mind the store.
You don't understand than VC Gupta's strengths-OR the nature of a technology firm...he is not the kind of guy to mend the store-he has the right people in place on the back end of things (operations)...it is ulta necessary and encumbent on him to pay alot of attention to the front end office side of things as their is both a tactical and a strategical part of every business enterprise
and he needs to be courtind and swimming with the big boys now-and I will hazard a guess some of this most recent sales from 2mths ago were to pay of his travel and expense accounts from personal funds for which he will be compensated in all likelihood with shares down the road...it is simply imperative he dog and pony-mix with the big fish in their swimming pools...be introduced to the right people...get the company out there-what it does and for who and continue to wine and dine...entertain-attend...etc etc .and make deals and its no picnic on that kind of shedule either...infact its exhausting and it takes a special talen to land th Samsung's of this world and signed to agreement status.
And 7yrs ago...5yrs ago...shoot 2plus years ago the market for what Transgaming or the appetite via consumers ala a trend...were inapplicable to where it is right now as SmartTV's and the ability to funnel content down the pipe-wasn't supportive enough let alone SmartTVs not being the norm vs the exception-that it right now.
I certainly would not have invested in TNG till last year at the earliest.
The support of the market overall and the tech in general just wasn't there and companies of this nature spend oodles of time and money in product RandD...then into lengthy product testing thru beta and then alpha trials and finally thru to comercialization...you go from concept to proof of concept to development to trailing to commercializing and that does not happen overnite.
SS