The founders of course haven't kept the team in the loop. Clearly, Snapdeal founders now need to communicate, communicate and communicate internally.
Flipkart's funding is an obvious sign that Softbank has moved on.
Snapdeal founders have already made their fortune.
Is this an ego game for Snapdeal founders? Or are they scared of the irregularities that might show up (which is why they rejected Flipkart deal, as FK wanted them to sign the indemnity clause) ?
By rejecting Flipkart's offer, the biggest losers are not Snapdeal founders, but the employees who trusted founders with this decision.
Qn: Who will join "startups" after this sort of affairs.