Word: sheth
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eLance has its own, radical plan for bringing employers and employees together. After watching how markets dynamically set prices for stocks, bonds and commodities, bond trader Beerud Sheth and portfolio manager Srini Anumolu figured they could transfer the same efficiency to the job market. With a global pool of talent available to bid on every project, a programmer in Moscow could win an assignment from a firm in Iowa...
...that eLance could drive wages down by cutting out intermediaries like temp and staffing agencies. But startups pressed for time and cash might welcome a virtual hiring hall of humans. eLance farmed out work on its site to a programmer in Bombay who named the right price online. Says Sheth, "In the real world, you can't hire 500 people over the weekend...
...used to be religious, but now it's more cultural and social," said Sheth...
According to Sameer A. Sheth '98, treasurer of Dharma, the colors represent aspects of nature such as heat, leaves...
...came from different cultures in India, but since we can't go home, we're all celebrating Diwali here, together," Sheth said...