Ashneer Grover has resigned from BharatPe but the shark is not going out without a loud swan song. 39 year old Grover exited his executive position with immediate effect but sent scathing emails to investors and management as he claims he was 'forced out.' Grover remains the largest shareholder of the fintech that counts Sequoia Capital India, Insight Partners and Ribbit Capital among its backers. Here is an excerpt of Grover's going out mail as per reports -:
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“The fundamental fact is that all of you as investors are so far removed from reality that you’ve forgotten what real businesses look like and have no appreciation for what it took to run this enterprise day in and day out,” wrote Ashneer
“None of you, including the ones based in India, have ever been to our office even once, since the pandemic turned our lives upside down and sought to suffocate the economy. This is how connected you are to BharatPe. Your views of businesses and problems on the ground are so colored by the windows of the Ivory Tower in which you all reside that you have no connect whatsoever with the human element of the business.”
“It is sad that you have even lost touch with the founder. For you, the founder of this company has been reduced to a button to be pressed when needed. I cease to be a human for you. Today, you have chosen to believe gossip and rumors about me instead of having a frank conversation. You are easily spooked because you have no touch with reality.”