Mark Zuckerberg and Mukesh Ambani. Facebook and Reliance Jio. The big handshake has happened, and the world’s original social network megacorp now owns a tenth of Reliance Industries Ltd’s telecom subsidiary, Jio Platforms, in a deal that places the latter’s enterprise value at over $60 billion.
Yes, we must all take a moment to gasp. Or gawk. Or profess ourselves awed in some way or another. In the post-covid world, it makes more sense than usual.
In fact, it more or less crystallizes the future of value generation. For a long time now, everyone has been heading online.
Now the future is here in a way we couldn’t have imagined till recently. And it is plainly digital. From an economic perspective, the advantages of a digital business have
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