How Indians conquered Silicon Valley

Release Date: 
01/17/2012
Familiar faces of TiE members can be seen and TiE as a networking organization is referenced in the following article in Inc. Magazine by Vivek Wadhwa, business writer and academician.
http://www.inc.com/vivek-wadhwa/how-the-indians-succeeded-in-silicon-val...

Here's an extract from the piece

The proportion of Indian-founded startups in Silicon Valley startups had increased from 7% to 15.5%, even though Indians make up just 6% of the Valley’s working population. Indian immigrants were standing shoulder-to-shoulder with the world’s most innovative tech workers, and were matching them in entrepreneurship The Indian networking organizations learned the rules of engagement of Silicon Valley and mastered these. For a while, these were the most vibrant and active professional associations in the region.

Why were Indians so successful?
  • The first few who cracked the glass ceiling had open discussions about the hurdles they had faced.
  • They agreed that the key to uplifting their community, and fostering more entrepreneurship in general, was to teach and mentor the next generation of entrepreneurs.
  • They formed networking organizations to teach others about starting businesses, and to bring people together. These organizations helped to mobilize the information, knowhow, skill, and capital needed to start technology companies. Even the newer associations had several hundred members each, and the more established associations had more than a thousand members.
  • The first generation of successful entrepreneurs—people like Sun Microsystems co-founder Vinod Khosla--served as visible, vocal, role models and mentors. They also provided seed funding to members of their community.

 
Feedback