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October 29, 2007
Great Moments in Corporate Speak
Great moments in corporate speak:
"I've never seen someone as skilled as Shai at selling abstract concepts."
-- Nimish Mehta, a former senior vice president at SAP, in today's WSJ , on another former SAP veep, Shai Agassi, who has raised $200m for a hopelessly uneconomic electric car startup thingie
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Shai sold SAP a going nowhere portal company for $400 million, or 20x sales. I'd say that's pretty good salesmanship.