{"id":1193,"date":"2021-04-07T18:00:00","date_gmt":"2021-04-07T18:00:00","guid":{"rendered":"https:\/\/lakamsani.me\/blog\/?p=linkedin-70"},"modified":"2021-04-07T18:00:00","modified_gmt":"2021-04-07T18:00:00","slug":"what-goes-around-comes-around-is-an-adage-inspired-by-the-understanding-of-how-the-law-of-caus","status":"publish","type":"post","link":"https:\/\/lakamsani.me\/blog\/2021\/04\/07\/what-goes-around-comes-around-is-an-adage-inspired-by-the-understanding-of-how-the-law-of-caus\/","title":{"rendered":"\u201cWhat goes around, comes around\u201d is an adage inspired by the understanding of how the law of caus&#8230;"},"content":{"rendered":"<p>\u201cWhat goes around, comes around\u201d is an adage inspired by the understanding of how the law of cause and effect (karma) works.<br \/>\nI believe I have witnessed it recent past<br \/>\nIn 2004, A large telecom giant launched dirt-cheap calling services for people based abroad who wished to call India. Being in the business myself, I was shocked at the prices. I was paying 8 c\/min to purchase calling minutes from my vendors and selling it to consumers at 10 c\/min through my website<br \/>\nThe new service with a B2C model offered services that cost 1.3 c\/ min less than making local calls!<br \/>\nIt was a fair market and of course customers were choosing the lower cost! How could I compete? Over time, I lose the business chunk by chunk.Yet,I wondered-how did the company was selling at such low prices?<br \/>\nThe company offered low prices by cheating govt &#038; peers. Used that money to become monopoly in market.This became public news and the company had to pay huge fines to the government later<br \/>\nFastforward 15 yrs ie in 2019,The same telecom giant paid premium for my shares as they acquired one of my investement portfolio company<br \/>\nDon&#8217;t worry what ever goes it will be back sooner or later<br \/>\nWas it karma? What do you think?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cWhat goes around, comes around\u201d is an adage inspired by the understanding of how the law of cause and effect (karma) works.<br \/>\nI believe I have witnessed it recent past<br \/>\nIn 2004, A large telecom giant la<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"class_list":["post-1193","post","type-post","status-publish","format-standard","hentry","category-linkedin-posts","wpcat-18-id"],"_links":{"self":[{"href":"https:\/\/lakamsani.me\/blog\/wp-json\/wp\/v2\/posts\/1193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakamsani.me\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakamsani.me\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakamsani.me\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/lakamsani.me\/blog\/wp-json\/wp\/v2\/comments?post=1193"}],"version-history":[{"count":0,"href":"https:\/\/lakamsani.me\/blog\/wp-json\/wp\/v2\/posts\/1193\/revisions"}],"wp:attachment":[{"href":"https:\/\/lakamsani.me\/blog\/wp-json\/wp\/v2\/media?parent=1193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakamsani.me\/blog\/wp-json\/wp\/v2\/categories?post=1193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakamsani.me\/blog\/wp-json\/wp\/v2\/tags?post=1193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}