Word: desai
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...Ravi Desai admits he's a lousy poet. But he's pretty good at spinning tales. The 31-year-old Harvard graduate talks like the Robin Hood of Silicon Valley, promising to shower info-tech lucre on cash-strapped creative-writing programs across the land. "We need to support the soul as well as the mind," he croons from a two-man consulting firm in Menlo Park, Calif. What Desai actually delivers, however, is a parable about the perils of falling for a dotcom dreamer...
Back in the days when NASDAQ-made millionaires were multiplying like mold spores, Desai materialized as a boy-wonder benefactor. He went on a pledging spree, contacting four colleges out of the blue and promising them a total of more than $5 million. That was before the Internet bubble--not to mention Desai's career--burst. To date he has coughed up only...
When someone contacts a university to make a big donation, the first call the development office makes is to the p.r. department, not security. Rigorous background checks aren't routine, so when Desai started cold-calling the University of Washington and other schools, his job history was cause enough to break out the champagne. Desai could list top positions at TheStreet.com and Scient, a once-hot e-consulting company. In the frenzied market for Internet talent, Desai moved from one top dot-job to another, leaving a trail of failure and hot air. And if any execs caught on, they...
...University of New Hampshire got the ball rolling when it announced Desai's $1 million pledge in October 1999. This might have served as a confidence builder for the University of Washington, which unveiled Desai's $2 million pledge at a $10,000 ceremony in February 2000. The accompanying press release listed Desai as CEO of Logical Information Machines, which should have been a red flag, since he never worked for the company...
Isaac Whitman and Gaurav Yadav, Harvard's No. 6 and No. 8 players, respectively, also won their matches handily, with Whitman triumphing 15-3, 15-3, 15-6 over Ashley Ebersole and Yadav posting an equally impressive 15-3, 15-7, 15-3 victory over Sujay Desai...