RE: Revenue Share

Dear Heman,

   First of all, we are extremely sorry for hurting your sentiments and breaking your expectations about Hewlett Packard.. That was not our intent.

  I beleive Revathi was only exploring the options for revenue sharing with you  - in all fairness. Apologies if it came about as 'demanding'. . Actually, HP Labs is a research division (a non-profit-loss organization) and we are not empowered to receive revenue. However, as you may imagine, since HP is a big company, we cannot make any decisions on 'money-matters' without checking with our management. Hence, we were not in any position to respond to your question in your email about expectations from HP Labs earlier....  Also, we started the partnership in a non-commercial free pilot agreement.. It is but natural that things do change when commercial terms come in.

 Having said all the above, I should say that it was a learning experience for our team to work with partners like you on real-life problems and enable solutions that matter to the world. Thanks very much.. Let us go with your current proposal for being a special partner for us for having a noble cause.  We will bring in our HP business division members to formalize this agreement.

 The good news is that, use of Tasklets enables one to deliver new versions of the content without requiring a reinstall of the Android widget. That is , any content change (or enhancements) that you may make on your portal can be passed onto older versions of Android widget with some changes to our Tasklets. So, even if you bundle a version with Akash tablet next month, any enhancements to the Job Detail that you make on the portal in future (for example: displaying a link to the product company) will be immediately appled to older versions of the Andrid widget as well. THis is the power of executing Tasklets in the cloud. On the flipside, however, the execution of every widget will always use HP servers in our datacenter. .So, in a remote case of our project being scrapped due to funding issues, the widget will stop working.  In which case, we will propose alternate methods to bring up the JAM widget using some resources on your website (if and when that happens). Just thought we should share this information with you, in case it was not discussed earlier..  Please feel free to ask for clarifications, if needed.

Thanks again for a wonderful partnership.. We look forward to continue working with you on this project

Trust you are already receiving newer versions of the widget from Revathi.. :-)

Thanks and Regards
Geetha

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From: Hemen Parekh [mailto:hcp@recruitguru.com]
Sent: Friday, November 25, 2011 9:56 AM
To: 'siteonmobile@gmail.com'; Manjunath, Geetha (HP Labs India)
Cc: 'shuklendu.baji@sentientsystems.net'; 'Abhinandan K'; Kailas Patil
Subject: Revenue Share

Revathi

Your call yesterday, demanding that I share with HP Labs, 55 % of my revenue from InMobi Network , came as a complete shock !

Had I known this a few months back , before your team started development work on the widget , I would have spared you the trouble

In fact , on my own , I raised this issue on Oct 25, when I forwarded to you the revenue – share proposal received from Suneet Tuli ( Datawind )

In that email, I wrote :

“ However, before I confirm to Suneet, the revenue-sharing basis proposed by him, I must know the expectations of HP Labs – India “

A couple of days thereafter, we ( yourself , Geetha Manjunath and myself ) had a conference call when Geetha outlined the 2 – stage development of the widget , including her suggestion on how we can “ integrate “ InMobi Advts on our own thru our web site

This discussion was confirmed by her the very next day thru email

Even then , there was NO MENTION of any kind re sharing revenue with HP Labs !

All along , my impression ( reinforced thru a series of email exchanges between us over the last 3 months , since your team started work on the widget ) was :

By placing SiteOnMobile logo on the very first screen of the widget, HP Labs wishes to leverage this medium to publicize / promote its “ Tasklet “ technology amongst millions of jobseekers. This is the “ mileage “ that HP Labs wishes to derive out of its developmental effort

But all of this is “ water under the bridge “

The ground reality is that I am in no position to accede to your demand , in light of the enormous effort that my team has put in over the years to develop our web site and the marketing effort that we would need to put in , in the months and years to come .

Having said this , I would still like to continue my association with HP Labs , if your management would accept the following revenue – sharing formula :

Ø  Year 1  ………..          10 % of what I earn from InMobi

Ø Year  2  ………             5 %          “

Ø Year  3 onwards………..Nil %

I earnestly request you  to convince your top management to accept this formula magnanimously , considering :

Ø Any earnings that you might receive would be insignificant in relation to HP’s current revenue of $ 120 billions

Ø SiteOnMobile’s goal of “ giving internet experience on mobile phones to millions without access to broadband “

If , for some reasons , you cannot , I still wish to place on record , my deep appreciation of the tremendous co-operation and support that all of you have given to my mission of ,

 “ Jobs  for  All  =  Peace  on  Earth  “

With regards

hemen