Failures

Failures

by Mike Masnick




Brought Down By Your ICQ Logs

from the ouch dept

I saw the now infamous eFront ICQ logs earlier this week when someone sent them to me, and they're fascinating reading if you want to see what goes through the mind of a failing dot com CEO. If you haven't seen them yet, someone somehow got their hands on the ICQ logs of conversations held by eFront's CEO Sam Jain, where he basically tries to figure out ways to cheat some of their affiliate sites out of cash he owes them - due to the problems they're having raising money and getting revenue in from advertising. However, now that they're out, they're causing all sorts of problems. It seems that many of the senior exec staff have resigned and Jain was asked to step down (but refused). Other companies are distancing themselves. While most people know that such things aren't secure - they're still the most insanely convenient way to converse and who the hell would expect this to happen? Sure, it's fun to make fun of him, and yes, the company was in trouble anyway - but to make things worse because someone stole his chat logs is getting out of hand.

2 Comments | Leave a Comment..

 
 

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  1. Mar 18th, 2001 @ 10:33am

    Sam Jain

    by Foot In Sams Mouth Disease

    Who exactly is making things worse for Sam Jain ? Should all the webmasters forget that they now know that the Paki bastard was cheating and lying to them. Sam Jain is the ONLY one making things worse for him. If exposing the real Sam Jain via "stolen" icq logs is getting out of hand I say it would have happened sooner or later anyways. Kudos to whoever had the balls to post them at least it gave the webmasters (who did all the work anyways) a heads up before they got lied to for another 6 months. The only thing "out of hand" was Sam Jain's scam mentality and certainly not his penis.

    (reply to this comment) (link to this comment)

  2. Mar 11th, 2003 @ 12:04pm

    Re: Sam Jain

    by Cindy

    How many logs are published on the internet. Someone personally put them on my machine. I don't know who put them there and why. I felt threatened afterward. I wonder if the scam has been fully understood. I have information on a company who put 50 million into efront.

    (reply to this comment) (link to this comment)

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