A few years ago, at a party hosted by an Indian in the New York suburbs, I chatted with the wife of a senior executive of a major American financial services company who is an IIT graduate. Both husband and wife are from Haryana. I asked if they knew a consultant with a major firm, an IIM graduate who is also from Haryana. She said “We meet at such parties. But we do not socialize. He is a Jat while we are Kayasths.”
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Goodbye, Wall Street. Hello, Start-Up! The world is a-changing, the economic landscape is re-aligning. No doubt about it. In the days of the economic downturn, Wall Street had been handing out pink slips to workers – now you have three workers who have given Wall Street the pink slip!
Puneet Mehta was a SVP with Citi Capital Markets, Archana Patchirajan was a senior consultant with the same company; and Sonpreet Bhatia was a vice president at Merrill Lynch/Bank of America.
Now why would people throw up hard-to-get, prestigious jobs in the financial sector and go off into the unknown? They’ve heard the siren song of ‘entrepreneurship’ and their grand dream is being funded by venture capital and endorsed by none less than Mayor Bloomberg!