Ajeet Jain

[Ajeet Jain @akjain89]

@VishalGala @RailwaySeva @WesternRly @IRCTCofficial @RailMinIndia @AshwiniVaishnaw

[Ajeet Jain @akjain89]

@MORTHIndia Why There Is No Option Of Selecting Karnataka For Fancy Parivahan Login Registration?

[David Senra @FoundersPodcast]

Steve Jobs was the single largest individual shareholder in Disney and it all started with this $5 million check.

The year was 1986 and Steve Jobs was in exile from Apple.

The company that would one day become Pixar was called Graphics Group. Graphics Group was owned by Star Wars creator George Lucas.

George Lucas was getting divorced and needed to sell off some assets.

Steve Jobs agreed to give George Lucas $5 million and invest another $5 million in the company.

This was not the first time Steve Jobs had expressed interest in the technology behind Graphics Group.

When he was still at Apple, Jobs tried to get Apple’s board to buy the company.

They turned him down.

This is Steve explaining why he was interested in acquiring Graphics Group:

“These guys were way ahead of us on graphics, way ahead. They were way, way ahead of anybody. I just knew in my bones that this was going to be very important."

Steve would eventually invest $54 million of his own money in Pixar.

After several years of failing to sell The Pixar Image Computer, Pixar decided to go all in on making films.

After years of poor sales and rising expenses they were short on cash. To solve this problem Steve signed a deal to produce 3 animated films for Disney.

The first of these movies was Toy Story —the world’s first computer animated feature film.

Now here is where this story gets really interesting:

Steve decided to capitalize on the publicity of Toy Story’s release and take Pixar public at the same time.

Toy Story was released on November 22, 1995.

Pixar went public on November 29, 1995.

Steve's two partners — Ed Catmull and John Lasseter — did not want to go public.

They thought it was too early. They wanted to do a few more films first.

Then Steve laid out his strategy and told them what was likely coming from Disney.

Steve said let’s assume Toy Story is a big success (it was —grossing over $370 million).

When that happens the CEO of Disney — Michael Eisner — will realize he inadvertently created a rival for Disney Animation.

Pixar only had to make two more films for Disney and then they’d be free to do as they like.

Steve said Eisner’s next move would be to try and renegotiate with Pixar and keep Pixar close to Disney.

Steve said if they went public and had more money they’d be able to negotiate better terms with Disney.

Steve wanted a 50/50 split with Disney on returns. In order to request this Pixar had to be able to put up 50% of the production costs.

Going public would allow Pixar to afford this.

The time is now Steve said: "This is our moment."

And he was right. Toy Story was a massive success and Pixar's IPO raised $140 million -- the biggest IPO of 1995.

A few months later Eisner approached Jobs and said he wanted to keep Pixar as a partner.

Eisner accepted Steve’s 50/50 deal.

This partnership wasn't going to last. Steve Jobs and Michael Eisner couldn’t get along.

A few years later negotiations broke down completely and Pixar started looking for other partners.

Then Michael Eisner got fired. The new CEO of Disney was Bob Iger.

When Bob Iger found out he was going to be the next CEO he called his daughters first.

The next person he called was Steve Jobs.

He told Steve he valued Pixar and wanted to make a deal. This is Bob explaining why he felt Disney needed to buy Pixar:

“Michael [Eisner] didn’t understand that Disney’s problems in animation were as acute as they were. That manifested itself in the way he dealt with Pixar. He never felt he needed Pixar as much as he really did. Every negotiation needs to be resolved by compromises. Neither one of them [Eisner and Jobs] is a master of compromise.”

How did Bob Iger realize how badly Disney needed Pixar?

By watching a parade at Hong Kong Disneyland

Iger realized that the only characters in the parade that had been created in the past decade were Pixar’s:

“A lightbulb went off. I’m standing next to Michael [Eisner], but I kept it completely to myself, because it was such an indictment of his stewardship of animation during that period. After ten years of The Lion King, Beauty and the Beast, and Aladdin, there were then ten years of nothing.”

Bob begins to negotiate with Steve to buy Pixar and does something very unusual:

He tells Steve how badly Disney needs Pixar.

Even more surprising this tactic worked. This is how Steve reacted:

“That’s why I just loved Bob Iger. He just blurted it out. Now that’s the dumbest thing you can do as you enter a negotiation, at least according to the traditional rule book. He just put his cards out on the table and said, ‘We’re screwed.’ I immediately liked the guy, because that’s how I worked too. Let’s just immediately put all the cards on the table and see where they fall.”

Disney purchased Pixar for $7.4 billion in Disney stock.

And Steve Jobs went from the single largest shareholder in Pixar to the single largest individual shareholder in Disney.

[Ajeet Jain @akjain89]

@Parikramah @DevruttD Thank You Sir 🙏 Will Go With Tavish ❤️

[Ajeet Jain @akjain89]

@DevruttD @Parikramah Sir Boy Name Start With R or T In Sanskrit.

[Ajeet Jain @akjain89]

@bmkjain @AshwiniVaishnaw @SWRRLY @RailwaySeva @RailMinIndia 🪳

[Ajeet Jain @akjain89]

Happiest Birthday Prime Minister @narendramodi Ji. #HappyBirthdayModiji

[ANI @ANI]

UK | Ashok Thamarakshan, a London-based mechanical engineer hailing from Kerala's Alappuzha district built his own aircraft to travel with his family to Europe

(Source: Ashok Thamarakshan's Youtube channel)

[Naomi Datta @nowme_datta]

This is an incredible story. Farm labourers dressed up in IPL jerseys, a person from Meerut who could mimic Harsha Bhogle, crowd noises from the internet - how a village in Gujarat duped Russian punters with fake IPL. This is a film!

[Awanish Sharan 🇮🇳 @AwanishSharan]

Life Lesson.

[ANI @ANI]

I'd also tell you that we also take our views on other people's human rights situation, including that of the US. So we take up human rights issues when they arise in this country, especially when they pertain to argument and in fact, we had a case yesterday: EAM Jaishankar (3/3)

[ANI @ANI]

If you're looking at(India's)energy purchases from Russia, I'd suggest your attention should be on Europe. We buy some energy necessary for our energy security. But I suspect, looking at figures, our purchases for the month would be less than what Europe does in an afternoon: EAM

[ANI @ANI]

COVID-19 pandemic and devastating natural disasters have the potential to impact collective psyche of people, their economic well-being & instill fears about their survival: NSA Ajit Doval at Pune Dialogue on National Security 2021, via video conference (1/2)

[ANI @ANI]

The new areas of warfare have shifted from merely territorial frontiers to the civil societies. The common people's thinking, their perception, health, sense of well-being and their perception of their government have assumed new importance: National Security Advisor Ajit Doval

[Ajeet Jain @akjain89]

#HappyDaughtersDay

[Arun Govil @arungovil12]

बेटियाँ घर आँगन और परिवार की बहार हैं, सारी सृष्टि का आधार हैं। बेटियों का सम्मान और संरक्षण संपूर्ण मानव समाज का पहला उत्तरदायित्व हो इसी भावना के साथ बेटी दिवस (डॉटर्स डे) की बहुत-बहुत हार्दिक शुभकामनाएं।🙏💐

[Dr. Sudhanshu Trivedi @SudhanshuTrived]

विगत एक-डेढ़ वर्ष में प्रधानमंत्री श्री @narendramodi जी ने जिन दु्र्धर्ष परिस्थितियों में उत्कृष्ट नेतृत्व किया है वह उनकी दूर-दृष्टि व क्षमता का दुर्लभ उदाहरण है।
ईश्वर माँ भारती की सेवा को समर्पित उनके अनुकरणीय जीवन को स्वस्थ व शतायु बनाये। “शुभ जन्मदिनम् ते”

[Narendra Modi @narendramodi]

Our shared journey continues…there is much to be done. We will not rest till we have achieved our dream of a strong, prosperous and inclusive India…the India our freedom fighters devoted their lives for. Jai Hind!

[Ajeet Jain @akjain89]

Happiest Birthday Hon'ble PM Shri @narendramodi Sir.

#HappyBdayModiji #PMModi

[BJP @BJP4India]

Birthday greetings from the entire nation to India's Pradhan Sevak PM Shri @narendramodi!

#HappyBdayModiji