IndusLaw Bangalore-based partner Karthik B M has rejoined J Sagar Associates (JSA) as a partner from today.
“He will be based out of Bengaluru and Vivek K Chandy - joint managing partner at JSA, will be his mentoring partner”, the firm said in a statement, adding: “We are delighted to have Karthik rejoined us and wish him a long and mutually beneficial association with JSA.”
Karthik specialises in real estate and M&A.
The 2005 Bangalore University graduate had joined IndusLaw in 2017, having previously worked at JSA as a senior associate from 2009 to 2013.
IndusLaw commented: “We wish him the very best!"
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- inflated valuation and high projections to incoming investors (read laterals)
- not enough actual business or strategy to keep the investor happy
- eventually investor realises and questions promoters
- promoters don't like being questioned. Also, don't care because they already kept the upside of the investor's investment, and ofcourse so many other VCs looking out in the market
- old investor exits
- new investor comes in expecting great value, business opportunity
- cycle repeats.
Guess they've learnt from their start-up clients.
Everything is not about some business plan a partner makes.
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