Entrepreneurship in Silicon Valley, California
This is quite an interesting topic that I am going to word down here. After spending some time in California, I am seeing lots of Indians in Computer industry. From an age group of 20+ to an age group of 45. But there are few companies having Indian CEOs (or companies started by India). When explored the same, got some interesting information and facts.
30 years ago, there were hardly any Silicon Valley firms with Indian-born founders. A survey says that 7 percent of tech companies started in 1980 to 1998 had an India founder. This proportion had increased to 13.4 percent from 1995 to 2005 and then to 15.5. percent in 2012.
Indian immigrants didn't have it easy. Actually, they were great at mathematics and made great engineers but didn't make great CEOs. There might be the reason that they didn't have the necessary management skills and could't fit into the rough and tough American business management culture. The VCs have a opinion about Indian entrepreneurs saying that Indians didn't fit the pattern that they knew would lead to success.
When first generation of Indians in Silicon Valley succeeded in shattering the glass ceiling, they decided to help other follow their path. In 1992, a number of highly successful Indian business executives formed a group called "The Indus Entrepreneurs" which is now called TiE (http://sv.tie.org). Their mission was to given back to the community by fostering entrepreneurship. They would hold monthly events, teach entrepreneurship, and provide mentoring and support.
I worked in US with one of a very senior person (Indian origin) who started his own organization in early 2000 but failed to accelerate the same. Now he is working as a senior Manager with one of the biggest IT names in California.
- Sanat Sharma
This is quite an interesting topic that I am going to word down here. After spending some time in California, I am seeing lots of Indians in Computer industry. From an age group of 20+ to an age group of 45. But there are few companies having Indian CEOs (or companies started by India). When explored the same, got some interesting information and facts.
30 years ago, there were hardly any Silicon Valley firms with Indian-born founders. A survey says that 7 percent of tech companies started in 1980 to 1998 had an India founder. This proportion had increased to 13.4 percent from 1995 to 2005 and then to 15.5. percent in 2012.
Indian immigrants didn't have it easy. Actually, they were great at mathematics and made great engineers but didn't make great CEOs. There might be the reason that they didn't have the necessary management skills and could't fit into the rough and tough American business management culture. The VCs have a opinion about Indian entrepreneurs saying that Indians didn't fit the pattern that they knew would lead to success.
When first generation of Indians in Silicon Valley succeeded in shattering the glass ceiling, they decided to help other follow their path. In 1992, a number of highly successful Indian business executives formed a group called "The Indus Entrepreneurs" which is now called TiE (http://sv.tie.org). Their mission was to given back to the community by fostering entrepreneurship. They would hold monthly events, teach entrepreneurship, and provide mentoring and support.
I worked in US with one of a very senior person (Indian origin) who started his own organization in early 2000 but failed to accelerate the same. Now he is working as a senior Manager with one of the biggest IT names in California.
- Sanat Sharma
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