


Dubai Foodie | We Eat | We Post NOT Boast | Email : iDubaiFoodie@gmail.com | Zomato : iDubaiFoodie






To begin with, my regular readers here will be surprised at a Movie review in my Blog which by the way is a First, there are many reasons to this and out of which one being the involvement of Business/Entrepreneurship in this movie titled “The Social Network” .Never knew the hardships faced by Mark Zuckerberg, to many who is aware of is the CEO/Founder of Facebook, the world’s largest Social Networking site. “The Social Network” is one of the best films I’ve seen this year apart from “Inception” due to its power of writing and Direction. Facebook has become a part of life for many and its evident at the fact that they have a strong customer base of 550 Million subscribers which no other social networking website has. “The Social Network” is a pretty interesting experiment in making a movie about current events especially when the original characters are alive. Zuckerberg, Eduardo Savarin who is the Co-Founder of Facebook and Winklevoss brothers are all real people, and the events depicted in the film are all, within reason, real events that actually happened over the last 7 years.
Any Multi Billion Dollar business comes along with a lot of fighting and conflicts with regards to its founding and the same thing happened in Facebook where the Winklevoss brothers filed a case against Mark for having stole their ideas which were perfectly depicted in the movie. The movie revolves around the case hearing of the Lawsuits filed and the story is shown as each incident is told in the hearing. David Fincher, the Director of the movie along with the Scriptwriter has made the movie look very simple inspite of all the technical terms they use in the movie which a non-techy person like me would have been wondering “What the hell are these guys talking about??” Inspite of not having any Graphical/Visual tricks which most movies are using as their USP, the Director has indeed put the movie together in such a way that the movie doesn’t go slow or lag to make yourself bored.
I really liked the character played by Jesse Eisenberg who as Mark Zuckerberg really felt inside me that probably he is the real Mark, The way the dialogues were delivered were really great and thoughtful by the director as being the kind of geek he is, he had to speak everything very fast with lots of technical terms which were done perfectly. Surprise package in the movie was the appearance of Pop singer Justin Timberlake who plays the role of Sean Parker which I’m sure people who follow him would have gone crazy watching him in the big screen. Given that Facebook is what it is today I believe this has come at the right time for them to reach their next big number which is 1 Billion subscribers which is 1/7th of the world population. Man!! That indeed is a great number which Mark and his team will die to reach!!
The movie is indeed an inspiration to many who follow Shiv Kera’s statement “Successful People don’t do different things, they do things Differently”. The movie clearly shows this as when there were websites like MySpace and Friendster, Mark went onto to see what they had never envisioned, Mark wanted to explore various other ways of attracting the crowd and Facebook has indeed successfully done it. Another interesting point to be noted is the un-willingness of Mark to make business profits out of it in the initial stage of its growth inspite of various sources of funds they were getting by way of advertisements. Eduardo Savarin, who is named as the Company’s CFO in the beginning brings in Advertisors and it was Mark who thought the subscribers would start unsubscribing to the site when they see the advertisements. The thought process really worked for Mark with his correct decision and it is only during the recent past that they have started using the marketing aspect for its growth. The Company "Facebook" is now worth $25 Billion!!
My Formula/Rating is a 4.5/5 (Only because havent seen anyone giving a 5/5 or else it’s a perfect 5)

We all know what happened over the last few days, the News Channels were all covering the visit of the US President Barack Obama and the First Lady Michelle Obama. So much of drama existed before the President step his foot, with the 2 city’s who were waiting to welcome him were getting ready for his visit. Cleaning and painting the pavements and the roads where he was supposed to visit and all that.
I was seriously shocked at the kind of security and protection given to the President, starting from the fighter Jets accompanying the Air Force 1 through the entire voyage, the Choppers and the Bullet Proof vehicles and the 100’s of soldiers deployed for their Presidents visit. Such is the might of the leader of the World’s most powerful nation. No other leader in the world would have such facilities and protection however simple the person is. The US Govt had spend a whopping $200 million (Rs 900 crore approx) per day on Obama's visit to the country some of which included the security preparations and the entire booking of Hotel Maurya Sheraton in Delhi.I was just thinking to myself as to why not stay in that 5 star facilty machine The “Air Force One”.
I was fortunate enough to see the then President of India, APJ Abdul Kalam a few years back and was just comparing the same with that of the US President. Dr Kalam was just a few metres away who was accompanied by only a few security vehicles.
Now, Keeping aside the security I was surprised at the kind of simplicity Obama showcased in that interaction with the students of St. Xaviers and security wasn’t that a big one, but insiders revealed that out of the 300 students who were let inside the hall, each one was looked upon by militiary personnel on top of the building which was covered with Black curtains. Now this is something the media did not know or might thought it wasn’t necessary to show it to the world. The interaction went on well in the very typical Obama way wherein the questions which were very sensitive were answered smartly unlike George Bush who did not look at the impacts it would have in future.
Barack did his homework before coming into India by getting to know whatever is happening in India and increased his General Knowledge when it came to the Indian History and Culture which was evident from the Historic Speech he gave in the Parliament. He started the speech with a “Namaste”and many Indians who happened to hear his eloquent speech live were spellbound and it captured the hearts of the Indian population especially the young one’s where he stressed on the importance of the Indian Youth.
He was quoted as saying “You (young Indians) are future leaders, future educators, entrepreneurs and future electors. More than half of all Indians are under 30 years old. It is a great statistic. Every single child holds promise of greatness.” This is something every young Indian is not aware of ie like around 60 crores are under 30 years old which is a staggering figure as compared to any other country in the world. What we youngsters have to take into mind here is the never ending competition which will exist for the many years to come with India becoming a Developed Nation.
The $10 Billion deal is a gift to the Indians from the US President and it comes at a time when India is almost there at the next step to reach the ‘Developed Nation’ title. This can be used as a foundation for that great phase for India. A promise to the permenant seat at the UN Security Council is made but who knows if it will become a reality. India after that will be a country looked upon by many nations.
Lets hope for the best and see to it that the promises by US are made!!
We all know what a Joint Venture a.k.a “Association d'entreprises” is, we have been hearing this now and then and it was indeed my luck as I was involved in a Joint Venture deal last week. Started my internships just 2 weeks back in a firm known as CPC Diagnostics Pvt Ltd ( www.cpcdiagnostics.in ) who are the pioneers in the supply of Diagnostic Products and services where they import the Instruments from Europe and the US and then supply to the Laboratories here in India. There was this discussion on having the Re-agents (which has to be used with the Instruments for its running) to have it imported in bulk and then have those packed into small bottles. The challenge of this being the import of the re agents in large containers which is riskier and dangerous as this are being transported by sea. The first task given to me was the identification of the ‘Make or Buy’ impacts ie the advantages and dis-advantages of having the packaging done here. After the analysis was done a Projected cost had to be calculated which showed that a cost decrease of 40% was possible when the ‘Make’ Option was implemented. A Balance sheet and a Profit/Loss A/c for the next 3 years had to be prepared which showed that the Break even would reach at the end of the 2nd year which is a pretty good one when this industry is taken into consideration. The project was approved and an agreement between Awareness Technology, USA and CPC was signed. Any joint agreement should benefit both the parties and the way in which Awareness was benefited was the increase in the demand of the products which CPC will import and maintain a standard quantity which will be ordered for the next few years. My hands in this agreement were on the preparations of the documents for the JV which included the Joint Venture Agreement, Schedules such as MOA and AOA and all the relevant licenses and legal documents which as a 1st time hands on experience gave a sense of excitement and an understanding of how an entire JV is done. Even though this is not as big a deal as the Vedanta’s or the Tata’s, as a beginner it really did give me the confidence and hope that any JV’s which could be done in the later stage of my life, I would handle it easily. I would like to thank the firm (CPC Diagnostics) for giving me a chance to prove my potential and giving the confidence which I believe no one else would give taking a pretty big deal into consideration.

Warrant Buffet, Bill Gates…These two have indeed brought out a revolution and have shown their generosity by way of sharing their huge fortunes. Of the top 10 billionaires in the world, there are 3 Indians in the list and have we ever wondered why Indians are not in the news for sharing their wealth? Is it Greed for more and become richer? We have always been criticizing the Ambani’s or the Mittal’s or the Tata’s but the fact is that they are also sharing their fortune but not as big as what the Western countries have been doing. A recent article which I came across in Times Life, supplement of Times of India it clearly gave out the reasons for the non-performing of Indian Billionaires in the Philanthropy market. As per the article, “In the West, People don’t leave behind much to the family or children” as this is not the case in India as wealth is transferred to the next generation and they make it a point to accumulate as much wealth as possible during their lifetime. During my interation with Mr V.Balasubramanian, Senior Assistant Editor at Economic Times I found that there were other reasons behind this According to him, it’s the trust which Indian’s don’t have within themselves, Financial stable personnel are not sure of where the money they give for charity is going to, they fear its going the wrong hands. “Philanthropy through one’s own wealth is far interior as compared to what the rich give in the West, Indians are tight fisted”. Corporates have started their own CSR initiatives by giving money to the deserved by going down to the pyramid instead of going through other sources/agencies. Interesting to know that there are firms who have a strict policy of setting aside atleast 5% of their profits for Charity before it goes as distribution by way of dividends. If India’s richest 100 shared their wealth the way Buffet or Gates did, almost $250 Billion can be generated and this is 1/4th of India’s current GDP. Imagine this happens, almost all the people constituting the BPL category will come above the poverty line and would indeed project India as a developed nation. This can be considered as a shortcut to success but this wouldn’t happen without the help from the Big Shots. When there are acquisitions happening and most of them happening from India especially the Vedanta’s, Tata’s, Mittals my question to them is why not acquire a majority of the population who are below the poverty line??
Recently 40 US Billionaires were asked by both Gates and Buffet to share their wealth and they agreed to give away half their wealth. Ratan Tata or Narayana Murthy in my opinion should follow the foot steps and urge other billionaires in bringing out this practice. In India the biggest act of Philanthropy is creating jobs and that’s what most of the Indian Corporates have been practicing but more needs to be done with respect to this considering the population rise in a country like India.