Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
  • Asia Cup 2025
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
Trending:
  • Charlie Kirk shot dead
  • Nepal protests
  • Russia-Poland tension
  • Israeli strikes in Qatar
  • Larry Ellison
  • Apple event
  • Sunjay Kapur inheritance row
fp-logo
#ClashOfAmbitions: Nikesh Arora reveals it all in stormy tweets
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
  • Home
  • Business
  • #ClashOfAmbitions: Nikesh Arora reveals it all in stormy tweets

#ClashOfAmbitions: Nikesh Arora reveals it all in stormy tweets

FP Staff • June 22, 2016, 09:04:12 IST
Whatsapp Facebook Twitter

The resignation from the post seems to be the result of a clash of ambitions of Son and Arora

Advertisement
Subscribe Join Us
Add as a preferred source on Google
Prefer
Firstpost
On
Google
#ClashOfAmbitions: Nikesh Arora reveals it all in stormy tweets

The resignation of Nikesh Arora as the president of SoftBank Group has come as an unexpected development for the the Indian startup ecosystem. Arora, who was to take over as CEO of the group once Masayoshi Son retires, has lead many investments into Indian startups, including Snapdeal, OlaCabs, Housing.com and Oyorooms. At $73 million a year, he was also one of the highest paid executives in the world. [caption id=“attachment_2847826” align=“alignleft” width=“380”] ![Nikesh Arora](https://images.firstpost.com/wp-content/uploads/2016/06/NikeshAroroa380Reu.jpg) Nikesh Arora[/caption] Arora had recently come under scanner after a group of investors accused him of wrong investment decisions and conflict of interest. A special committee set up by SoftBank, however, had given him a clean chit on Monday, saying “the special committee has concluded that the claims concerning the conduct of Arora during his tenure at SBG are without merit”. However, the resignation from the post seems to be the result of a clash of ambitions of Son and Arora. “Son’s intention was to keep leading the Group in various aspects for the time being, while Arora wished to start taking over the lead in a few years’ time. The difference of expected timelines between the two leads to Arora’s resignation from the position of Representative Director,” SoftBank said in a statement. “I was thinking of handing over my job as CEO when I turn 60, but thought maybe I’m still a bit too young, and still have energy to continue,” Son was quoted as saying in a report in the Wall Street Journal. In a series of tweets, Arora also expressed his displeasure at the development. Here are his choicest tweets that give a glimpse into his thinking:

Masa 2 continue 2 be CEO for 5-10 years, respect that. Learnt a lot. Clean chit from board after through review. Time for me to move on.

— Nikesh Arora (@nikesharora) June 21, 2016

All good. Masa wanted to be CEO for longer, I did as promised, time to move on. https://t.co/cQsgTe1Ig6

— Nikesh Arora (@nikesharora) June 21, 2016
More from Business
Hyundai India’s Rs 27,870 crore IPO oversubscribed by 2.28X, largely driven by institutional investors Hyundai India’s Rs 27,870 crore IPO oversubscribed by 2.28X, largely driven by institutional investors How Indian fintech startups are driving Malaysia’s UPI-like digital payments revolution How Indian fintech startups are driving Malaysia’s UPI-like digital payments revolution

Masa and I are still in love with each other. I will support everyone I invested in, and they know that. https://t.co/g3QAAC1jbo

— Nikesh Arora (@nikesharora) June 21, 2016

No...didn't want to be CEO in waiting past my sell by date :) https://t.co/PRDaQprmyl

— Nikesh Arora (@nikesharora) June 21, 2016

Impact Shorts

More Shorts
Chennai Ranks #1 in Challan Checks: ACKO Insights for Smarter Car and Two Wheeler Insurance Decisions

Chennai Ranks #1 in Challan Checks: ACKO Insights for Smarter Car and Two Wheeler Insurance Decisions

Tata Harrier EV vs Mahindra XEV 9e: Design and road presence compared

Tata Harrier EV vs Mahindra XEV 9e: Design and road presence compared

Surprises happen if you get wedded to outcomes and get set in your expectations. https://t.co/Tsb1Vh7oP6

— Nikesh Arora (@nikesharora) June 21, 2016
STORY CONTINUES BELOW THIS AD

He and I love each other. Leading is a drug, a positive influence, a raison d'etre. U need to be ready to leave... https://t.co/xcdUWCbTgF

— Nikesh Arora (@nikesharora) June 21, 2016

The nature of investing is wins and losses, as long as wins overweight losses you win. Can't regret the loss.. https://t.co/5O7KPUfHZP

— Nikesh Arora (@nikesharora) June 21, 2016

Lol. https://t.co/xlP3fZPtqd

— Nikesh Arora (@nikesharora) June 21, 2016

I love YJ! Miyasaka San is great, and I am always there whenever he needs me. https://t.co/jbjCVXWPdo

— Nikesh Arora (@nikesharora) June 21, 2016

I have lots of integrity...and lots of time. No rush. https://t.co/Ho5D4S8htx

— Nikesh Arora (@nikesharora) June 21, 2016
STORY CONTINUES BELOW THIS AD

You should have been at dinner w masa or the press meeting and you could have decided. No, no lack. Live in CA. https://t.co/yfDTpqcCe2

— Nikesh Arora (@nikesharora) June 21, 2016

:). Life doesn't need to be orderly my friend. It's about having fun everyday. https://t.co/sskfQyYJCf

— Nikesh Arora (@nikesharora) June 21, 2016

I am not sad. I learnt a lot, sitting with Masa at dinner and chatting about life in the future. https://t.co/6TW1k6d6Nh

— Nikesh Arora (@nikesharora) June 21, 2016
STORY CONTINUES BELOW THIS AD

No! Arora departs after doing what he promised and Masa wanting to be CEO for longer. :). Arora for clean chit. https://t.co/nthM0l65c3

— Nikesh Arora (@nikesharora) June 21, 2016

Never had a doubt. My father was a man with the highest integrity, if there was one thing he tought me, that was it https://t.co/9Ke3j6sFUP

— Nikesh Arora (@nikesharora) June 21, 2016

Thanks Amit. Going to chill for a bit. https://t.co/gtZ1mVpYen

— Nikesh Arora (@nikesharora) June 21, 2016

Lol. Funny guy. https://t.co/LsbgUHmUq8

— Nikesh Arora (@nikesharora) June 21, 2016

Done. https://t.co/3mUjfZHtzv

— Nikesh Arora (@nikesharora) June 21, 2016

Lol. Not true. It's a small loss.... https://t.co/nD1EkhXSVl

— Nikesh Arora (@nikesharora) June 21, 2016

Plan to support them for an year, hence continuing as advisor. https://t.co/JBtSiFdSvJ

— Nikesh Arora (@nikesharora) June 21, 2016

Going to continue to support the Indian startup ecosystem....can't change faith if you change jobs :)! https://t.co/ILIlS6qdcp

— Nikesh Arora (@nikesharora) June 21, 2016

Not at all. Love the Indian startup scene. https://t.co/GIPR4MFeuW

— Nikesh Arora (@nikesharora) June 21, 2016

Don't :). I am not. https://t.co/1i41q83j4p

— Nikesh Arora (@nikesharora) June 21, 2016

Open to suggestions. https://t.co/RovEe3krDi

— Nikesh Arora (@nikesharora) June 21, 2016

Like every individual has a different future, so does every company. https://t.co/6tRDRo31Nz

— Nikesh Arora (@nikesharora) June 21, 2016
Tags
SoftBank Snapdeal Masayoshi Son Olacabs Oyorooms Nikesh Arora resigns
End of Article
Latest News
Find us on YouTube
Subscribe
End of Article

Impact Shorts

Chennai Ranks #1 in Challan Checks: ACKO Insights for Smarter Car and Two Wheeler Insurance Decisions

Chennai Ranks #1 in Challan Checks: ACKO Insights for Smarter Car and Two Wheeler Insurance Decisions

Chennai leads India in challan checks, with drivers checking their e-challans over 5 times a month on average. Helmet non-compliance is the most broken rule, accounting for 34.8% of all traffic offences in Chennai. Regular digital challan checks help drivers avoid hefty fines, promote safe driving, and improve insurance premiums.

More Impact Shorts

Top Stories

Charlie Kirk, shot dead in Utah, once said gun deaths are 'worth it' to save Second Amendment

Charlie Kirk, shot dead in Utah, once said gun deaths are 'worth it' to save Second Amendment

From governance to tourism, how Gen-Z protests have damaged Nepal

From governance to tourism, how Gen-Z protests have damaged Nepal

Did Russia deliberately send drones into Poland’s airspace?

Did Russia deliberately send drones into Poland’s airspace?

Netanyahu ‘killed any hope’ for Israeli hostages: Qatar PM after Doha strike

Netanyahu ‘killed any hope’ for Israeli hostages: Qatar PM after Doha strike

Charlie Kirk, shot dead in Utah, once said gun deaths are 'worth it' to save Second Amendment

Charlie Kirk, shot dead in Utah, once said gun deaths are 'worth it' to save Second Amendment

From governance to tourism, how Gen-Z protests have damaged Nepal

From governance to tourism, how Gen-Z protests have damaged Nepal

Did Russia deliberately send drones into Poland’s airspace?

Did Russia deliberately send drones into Poland’s airspace?

Netanyahu ‘killed any hope’ for Israeli hostages: Qatar PM after Doha strike

Netanyahu ‘killed any hope’ for Israeli hostages: Qatar PM after Doha strike

Top Shows

Vantage Firstpost America Firstpost Africa First Sports
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Advertise with us
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV