Regular Sepia Mutiny commentor Santhosh Daniel points us at the decidedly less than flattering special report at the Seattle Times documenting the rise and fall of Infospace & it’s Rock Star CEO – Naveen Jain –
In spring 1999, Jain and his wife went on a house-shopping cruise around Lake Washington, docking at several multimillion-dollar mansions for sale. One home, owned by saxophonist Kenny G, had, among other touches, an automatic toilet-paper dispenser. The Jains preferred something different and latched onto a 1.3-acre Medina estate called Diamanti — Greek for diamond — buying it for $13 million. The mansion boasted 16,500 square feet of space and a two-story garage. The garage shared a glass wall with the house so the owner could display an auto collection.
If the stuff in the story is even half true, Naveen deserves lock up time that would make Martha Stewart’s 5 months seem like a quaint vacation. Continue reading