DISQUS

TechFlash: Perkins Coie sues Naveen Jain

  • Happy · 8 months ago
    What a crook. When will people stop doing business with this guy?
  • d · 8 months ago
    $188,000 - you gotta be kidding me. sounds like Perkins is sour grapes. what a joke.

    what is the status of the verdict in the malpractice case for the $105 million. now that is a lot of cash.

    either Perkins fucked up or jain broke a law - that is a lot of cash. either way, jain has demonstrated time and again that he can make money on the internet. he was really interesting speaker last year when i heard him at a tie event.
  • FantasticBjorn · 8 months ago
    Anyone who has worked in high tech in Seattle knows its best to stay far, far away from Jain.
  • Anonymous · 8 months ago
    He sounds like Seattle's version of Lenny Dykstra. Con man alert.
  • Joe the Coder · 8 months ago
    @3

    No kiddin. But at least he is smarter then Bill Gates.
  • Sammy J · 8 months ago
    First Perkins Coie is shown to be losing cash and layoffs, then persuing a case from bills needed 8 years ago? I guess that's one way to help close their financial gap. What's the statute of limitations on that anyhow?
  • bitterbob · 8 months ago
    @joe the coder -

    *rolling eyes*
  • Eastside Anon · 8 months ago
    I too have heard Perkins Coie is in bad shape with increasing layoffs.

    Partially due to large staff overhead, a bad economy and huge downturn in aquisitions. Reading this article and the comments written would support the word on the streets.
  • David · 8 months ago
    I hired Perkins Coie but the partner I got was so arrogant that I had to fire them after less than a month.

    I'm surprised to hear that they aren't doing well, the impression I got was that my business wasn't big enough for them.

    Maybe this attitude is why they are in trouble.
  • Mike Koss · 8 months ago
    Naveen has had such a checkered past, this seems like small potatoes. I don't see how someone can't get the kind of reputation for being "not entirely honest" and still command an executive position at a major company. Do his investors not care about his past record. Does he deserve his reputation or not?

    The articles in the Seattle Times and Seattle Weekly have been especially damning (links here):

    http://go2.me/39S

    I don't know Naveen personally, nor did I invest in his companies. But it sure doesn't look good when a founder makes out with $100's of millions while the majority of his investors lost all of their money.

    The real story is "what is the state of business ethics" in Seattle? Is the only way to be a success to act like a crook, cheat, or liar?
  • Steve · 8 months ago
    No surprise at all. probably Seattle biggest white collar criminal ever. Yet he still roams free.
  • Jim · 8 months ago
    This guy is probably the biggest scumbag in Seattle. Anyone who does business or works with him is an idiot as well.
  • Indo Guy · 8 months ago
    Yes Naveen has been banished by his fellow Indians...this guy is nuts - wait till the Jain Jr graduates from Penn and heads back to Seattle...he is twice the snake. 6 years from now we will be all chatting about how he has outshined his dead when it comes to shady deals.
  • CFO · 8 months ago
    LOL @Joe The Coder (@5)

    "... at least he is smarter then Bill Gates"

    "Then" Bill Gates?

    Please tell me that was intentional!

    So, you're a smart guy too, it appears!