BOOKS OF THE WEEK
THE WAVE RIDER
By - AJIT BALAKRISHNAN
About the Book
Ajit Balakrishnan is quietly experimenting with the new and fascinating technologies of the Internet in 1995 when the dot-com fever grips the world. Venture capitalists, investment bankers and lawyers pound at the doors of his tiny office in a low-rent area of Mumbai, urging him to take his company public on New York’s NASDAQ stock market. Balakrishnan sets out on this enterprise, a path that takes him through the world’s financial centres of London, Hamburg, New York, Boston and San Francisco.
This story recounts how he battles adversaries many times his size; fends off avaricious lawyers who try to extort money through class action suits in the tough courts of lower Manhattan; rebuffs investment bankers who try to engineer the sale of his company; and tries to make sense of a world where technology and business models change every few months.
He steers his company through the financial crashes of 2000 and 2008; watches in awe as terrorists bring down New York’s World Trade Centre towers; puzzles over the decline of once famous names such as AOL and Netscape and the rise of new behemoths like Facebook and Google; wrestles with India’s legal system; and pushes to bring Rediff into the new world of the Internet. Gradually, he realizes that the battles he is part of are not just business battles – they signal the dawn of the Information Age.
About The Author
Ajit Balakrishnan is the founder and CEO of rediff.com, a pioneering Internet company with its head office in Mumbai and which trades on New York’s NASDAQ stock market.
He is a graduate of the Indian Institute of Management Calcutta, where he is presently Chairman of the Board of Governor.
ISBN : 9781447218401 Price : Rs. 599.00