Recently Ashneer Grover, co-founder of BharatPe, has resigned from the post of Managing Director of the company. Actually, such situations had arisen, due to which Grover was forced to resign from his own company. In fact, BharatPe’s board had ordered a forensic investigation into the company’s internal workings. There were many allegations against Grover and his wife. Before Grover’s resignation, the company’s board had removed his wife Madhuri Jain Grover from the company.
If you are not happy with the exit of Ashneer Grover from his own company, then let us tell you that Grover is not the only such founder. In the past too many companies have forced their founders to leave the company. This list includes many big names including Steve Jobs.
1. Steve Jobs-Apple
Steve Jobs is considered the father of the personal computer era. He co-founded Apple in 1976 with Steve Wozniak. He made it the world’s leading technology company. He surprised the world with products like iPod and iPhone. But, in 1985 he was fired from his own company. However, he returned to Apple again in the late 1990s.
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2. Sachin Bansal and Binny Bansal-Flipkart Founders
Flipkart was started in October 2007 by Sachin Bansal and Binny Bansal. Both had studied in IIT-Delhi. Then both worked in Amazon. Soon Flipkart joined the list of India’s largest e-commerce companies. In 2018, Sachin Bansal had a disagreement with Borge during the ongoing talks with Walmart to buy Flipkart. He exited the company by selling his entire stake. Later Binny Bansal also resigned from the company.
3. Jerry Yang-Yahoo
Jerry Yang, who studied at Stanford, started the web services provider and search engine Yahoo. But, he was forced to leave his own company. Presently he is a founding partner of venture fund AME Klout Ventures.
4. Andrew Mason- Groupon
Groupon was founded by American businessman Andrew Mason. This Chicago-based company gives users discounts and scholarships in local businesses. He was thrown out of the company in 2013. Under his leadership, the company’s shares declined and many problems came to the fore in the business.
5. Travis Kalanick- Uber
Travis Kalanick was forced to leave the company in 2017, 8 years after he started Uber. Currently, 43 years old, Kalanick is the Chief Executive of City Storage Systems. Uber’s model is very successful. Many companies in many countries are operating on this model.
6. Jack Dorsey-Twitter
Jack Patrick Dorsey is an American technology entrepreneur. He is the co-founder of Twitter. He has also been the CEO of Twitter. He started Twitter in 2006. He was fired from Twitter in 2008. He has also been the CEO and founder of Block Inc. It is a financial payment company.
7. Mike Lazaridis-Blackberry
Mike Lazaridis started Blackberry in 1984. By the 2000s, the company’s mobile phones had become very popular among the top executives of the companies. But, gradually the situation of the company started deteriorating. Lazaridis was forced to leave his own company in 2012.
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