'Buddy instead of blaming others ...': The brutal response of the Semiconductor Startup founder to Piyush Goyal's Rant | Mint

A semiconductor founder’s founder on Reddit goes viral after the trade union Minister Piyush Goyal’s criticism of the Indian startup ecosystem created an uproar among India leaders. In a cruel return from Goyal that “no one is doing semiconductors in India”, the founder of the start wrote a long point-for-point reaction to the Union Minister, explaining how the government in India began due to long technical problems and a massive taxi. The reaction of the semiconductor -Start founder to Reddit was again tweeted by Mohandas Pai, a leading chartered accountant, Padma Shri award -winning and chair of the Private Equity Fund Aarin Capital. Pai is the former CFO (CFO) and board member of Infosys. Look at the post here in his Reddit post, the founder said: “Piyush Goel: I’m a semiconductor founder. Here’s my desire in response to your rant during the start of Mahakumbh! Piyush, I heard that you have been charged with one of the most complicated chips. For customers in the US and EU. claimed the founder. During a few sessions, I said, “we have the experience and ability to develop the chip according to your specifications. We will incur a NRE cost of XX crores. How many chips are you planning to buy?” No boot is going to burn for two years and 10-20 crores on a product that has no buyer and no market, “the user said. At the end of his speech, I met him and informed him that “we would have resolved some of his pain points for our client, which would be the best way to go with his department,” -Ag the founder in a person in a person in a person, who said to a person in a person. Do you have a few questions about what he/she thinks about the problem statement, followed by a meeting planned to discuss the matter further … — “From your defense genius I got a long ridge on how they are not stupid, they are bright people who are able to solve their problems, who worked day and night and did not see their families for months … The Reddit user added and investigated Goyal directly, “If your people are not open to help, why then waste our time holding a two-day conference for PPP?” 3. The founder said that the government could not give or facilitate contracts, the best thing they could do is do business. “And buddy, you also failed in this!” said the founder in a direct criticism of the Union Minister. — “My startup is eligible for certain tax cuts. Your department has been on my application for more than two years. It returned to me last week and asked for ‘additional documents’ with a note that my application after submitting the documents would go back to the back of the rope (that is, two more years)!” says the founder. Within a few hours after being rejected, the founder received a call from a ‘facilitator’ who promised fast and guaranteed results if he/she used their service to prepare their documents! — “Due to your tax laws, I finally pay 2x the amount (compared to my competitors outside India) for importing calculation sources, EDA licenses, equipment and raw materials! — “Some of your faulty portals have raised tens of thousands of my company’s money and until I meet your babu, they will not initiate a refund!” Said the founder of the start. “Buddy, instead of blaming others who focused on your work (good management) and got out of our way, our entrepreneurs have the ability to build world -class products,” the founder of Reddit concluded.