Swapnil Jadhav : The dreamer

  “If, then, I were asked for the most important advice I could give, that which I considered to be the most useful to the men of our century, I should simply say: in the name of God, stop a moment, cease your work, look around you.”  ―  Leo Tolstoy, Essays, Letters and Miscellanies The other day I was reading an article published in the MIT Technology Review about Cambridge Analytica, a consultancy that worked on Donald Trump’s 2016 presidential election campaign. The firm which had siphoned the personal data of millions of US citizens from their Facebook accounts with an objective of influencing presidential voting. IMO the bigger issue isn't about data getting stolen / misused which are anyways posted by the users by their own volition. The social media portals can devise security mechanisms to preempt such occurrences in future. The bigger problem and the true problem lies in the core strategy of social media portals in general and Facebook in particular. ...

The crisis unfolding at GFG Alliance and the insolvency against Greensill Capital prove two major points - "never put all of your eggs in one basket" and "always plan and mitigate the risks inherent in the nature of businesses you are in before it is too late". A higher proportion of lending at Greenhill Capital was of invoice based nature. Lending by nature is a risky business for which the lender charges interest at repayment; The lending product which is solely based on the accounts receivable promises of the borrower is innately having a higher risk; where the invoices might take longer to be paid in kind to the lender or to the client. The relationship between Greenhill capital and GFG Alliance was beneficial and complementary to each other. It was only a matter of time before either of the two start showing signs of weakness and then it had to be a downward spiral for both - and also for others dependent on them. The perils in relying heavily on a client or a ...