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+TiE is a global community of entrepreneurs that was founded in 1992 in Silicon Valley. Research by my crew at Duke, UC-Berkeley, and Stanford confirmed that as of 2005, fifty two.4% of Silicon Valley's companies had a chief govt or lead technologist who was overseas-born and Indians founded 25.8% of those companies. The primary technology of profitable entrepreneurs — individuals like Vijay Vashee — served as visible, vocal, position fashions and mentors to the next.
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+Indians, who constitute only 6% of Silicon Valley's working population, begin roughly 15% of its companies. They formed networking organizations similar to TiE (The Indus Entrepreneurs) to show others about starting businesses, and to carry folks together. They concluded that the key to uplifting their group, and fostering more entrepreneurship normally, was to teach and mentor the next generation of entrepreneurs.
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+The One Million by One Million (1M/1M) initiative is announcing a partnership with TiE Chennai that developed out of Sramana Mitra's presentation throughout TiE Chennai's Startup Super Day on April 9, 2011. He talked about TiE's transformation since its beginning as a gaggle of like-minded associates, to its current membership and reach. The night began with a welcome tackle by Dr Sanjeev B Ahuja, president of TiE UK. He said that regardless that the global economic outlook is bleak, we should still preserve trying onwards and upwards so far as supporting established and budding entrepreneurs. The remainder are Silicon Valley entrepreneurs of varied stripes.
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