So Taggle decided to move on instead of fighting for "last man standing in the game" - you can read more about whole story on Pluggd.in and also Mahesh Murthy's open letter on VC Circle to Taggle and John Kuruvilla's response to it {for more masala}.

Here is my take and why I disagree with Mahesh Murthy :

With all due respects to Mahesh, what is differentiators for PinStorm in the work they do? - how does it differ from other thousands of agencies out there in the world.  As someone said, future prediction (you can bullshit) and past analysis (you can reason to death) are the easiest things to do but creating something is damn f***king hard. I was surprised to see Mahesh's stand on Air Deccan saying"I told you so and it happened" because he generally preaches about "how predictions suck" during his talks at conferences :P

Failure vs Success in Startups :

For the world, ultimately only one thing that matters in our business: whether or not you win. Nobody cares about how you slogged or dragged. If you succeed then you will be glorified to immortality but if you fail then some people will thrash you to death {in some cases on how you suck and} on how your business sucked with every possible reason. As entreprenuer you will move on and do something that interests you while blogs and media (if you are popular enough) write about how they predicted failure or doomsday. My best wishes to Taggle team for trying something while hundred others were counting about how many deals sites are coming up, was I part of that Hundred? :)

I believe taking a dig is much easier than building something valuable and sustain it { And, also  going ahead and recreating success in another area }. I tried startups two times and both of them failed terribly, as all of us know no body gives a damn shit about failures after a week - period.

So as an entrepreneur, have fun while doing whatever you are doing {even if people say you must be a moron to do such a stupid thing} so in the end atleast you had fun if not success {even though that's what matters for the world}.

Image Credit : Shamelessly copied from ripoffornot.org - go FreshDesk and do it cowboys :)

P.S : If you are building something and looking for smart guys then go hire engineers from the Taggle team.  I spoke to a few, they are really smart guys :)