NR More than the company founders, venture capitalists, and investors, according to Narayana Murthy, Co-founder of Infosys, were to blame for this topline-driven growth attitude, which often came at the expense of other critical considerations.
Murthy stated at the Nasscom Technology and Leadership Forum that this had devolved into a Ponzi scheme, with the risk passed on to the next generation of investors. I hold the older generation – the venture capitalists – rather than the younger generation. Clients who appreciate your efforts will return. Similarly, if employees respect the organisation, they become brand ambassadors and are more likely to stay longer.
For startup founders who are unsure how long to pursue an idea and when to give up, Murthy says it is time to give up only when you discover a fundamental weakness in the idea – in terms of the market – that you have no way of overcoming. This could be a procedure or a piece of technology. Finally, he stated that the two most important aspects of any professional are competence and value systems.
