Bunch of Nepali Sahu Jees got together and established a company called “Fortune Cookie Pvt. Ltd” about a year and so before (http://www.fortunecookieventures.com/index.php) . They thought that they would change the dynamics of Nepali IT sector with mere fund size of about $1 million (as promised - this may just be media campaign). A year or so has passed and nothing noticeable has happened. Bunch of guys who groomed up from traditional Sahu Jee model had no clue of what it takes of growing business from zero. All of them had exposure to their family sources and none of them have established something revolutionary. These Sahu Jees are now pondering “what is not working?” Chanakya had told his friends that the so called “cookie” was a joke. Chanakya was right. Nothing has yet happened as Sahu Jees started something merely to attract smart Nepali engineers who are flocking to American Software company called “D2″ right after the graduation. It is heard on the street D2 is still the first choice for fresh engineers from top engineering school in Nepal. Chanakya love to give a business 101 lesson to these Sahu Jees who treat their employees like “hired workers.” Employees should be treated as partners and in modern capitalism, every employee gradually becomes owner of the company. Sahu Jee Sanjib Raj Bhandari has not even given minute piece of his company to his star employees. How could Chanakya expect that they would invest $100K in a project where they have very little control?
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Posted by Chanakya in News on August 19th, 2007 |
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August 19th, 2007 at 10:49 pm
To me, Fortune cookie is the right initiative from the wrong people and probably for the wrong objectives. The alliance among competing firms to share success is a idealistic dream in the venture capital model, and the internal division of interest may be too high a friction to overcome
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August 20th, 2007 at 2:24 am
This is one of the biggest joke that D2 is the right place for fresh graduate and alwyas first choice for them. This type of article just make EU unpopular. I want to suggest admin not to post such a cheap article.
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August 20th, 2007 at 9:48 am
May be the blogger hiding behind the fake name “John” did not get a job in D2. Try next time.
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August 20th, 2007 at 11:28 pm
Is “Sahu Jee” is a bad adkective these days in that little Kath city? Why is Chanakya addressing thses guys as “Sahu Jee?” I am wondering. Please help me.
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August 21st, 2007 at 12:27 am
hey hey good..Chankya is really good. Best. better than all others. Fortune Cookie did not do anything for last year implies it cannot do anything in future: like Nepal’s Government run projects with high ambitions, but poor planning implementation and control.
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August 21st, 2007 at 12:32 am
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August 25th, 2007 at 11:08 am
Sanjib Raj Bhandari is the biggest jerk of all. I worked six years in Mercantile and delivered so mamny important projects for the jerk. He made a lot of money of the project and not even a single time send tank you note for the team and he did not even know my name. That kind of jerk can never build a team and grow a successful organization. A leader needs to be humble and needs to possess an ability to mix up with every employee in the organization. He is merely a “Sahu Jee” and hats off to Chanakya for opening this thread. Please send this link to Sanjib if one of his kiss a.. is reading this.
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August 26th, 2007 at 2:07 am
Thanks Biggest jerk. People like Sanjib still have mentality from pre-1900 eras studded in their brains. They have no courtesy to read this piece or to reply here, when he had no time to thank for best employees. Even thank would not be required. Just “HI” would be enough. Earning for personal sake is corruption. Invest for people working for an organization because people make one gain Income. if People do not work, no Income. Not all people are same. So, Hiring good people is too difficult and challenging. One miss and Organization is doomed. Sanjib never realized and will never open his eyes. Let us wait for his doomsday when we will surround him clap and say,”We warned you!!”.
Chanakya, the superman in this kind of writing is trying to open people’s eyes. The Blogger has deep belief that Nepal Software Industry must rise and reach the top which no one ever imagined. the Philosophy expressed here are noteworthy and truthful.
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