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GURBAKSH SINGH CHAHAL • Gurbaksh Singh Chahal (born July 17, 1982) is an American
internet entrepreneur, philanthropist, and writer.• Popularly known as ‘ G ’• By the age of 25, he founded and sold two advertising companies
for a total of US$340 million.• Born in Tarn Taran sahib , Punjab to Avtar Singh
and Arjinder Chahal .• In 1985, his parents settled in San Jose, California
after receiving a VISA through green card lottery• His parents had arrived to states with only $25 in
their names, and they struggled at menial jobsto make a future for 4 children
NOT ANOTHER RAGS TO RICHES STORY
• Gurbaksh singh started his business life by doing what thousands of people do these days to make a living online.
• He went to the free market and got some renovated printers for $50 and sold them on eBay for $200.
• This action, opened his eyes into what else he could do to make money online.
• The internet was only 3 years old then and had limitless opportunities that were un explored
• G spotted was is the same thing that is hot for most businesses – ADVERTISING
• He knew to succeed everyone needed to advertise and the internet offered various new methods
VENTURE 1 - CLICKAGENTS• He worked full time at his first venture,
ClickAgents.• ClickAgents was an advertising network
which G had started in his bedroom• ClickAgents – one of the first companies ad
networks that focussed around performance based advertising
• The business grew and bigger and at age of 16, Gurbaksh dropped out of high school to pursue a dream as an entrepreneur
• He created another employee - “ head of Sale ” named Gary Singh , who was played by Gurbaksh himself , to make ClickAgents seem bigger
• He wasn't inventing the wheel but improving something that was having a great success at the moment.
• The space websites had for advertisers and sponsors worked in a simple way.• Traditionally, the advertiser, would pay certain amount of money for a
specified time your banner would show on a site or a network of websites.
• THE IDEA : ClickAgents worked on the idea of charging the advertisers only once the potential customers clicked their ad.
• This initially may have felt a loss of income but later realised that win win situation for both the company and the advertiser as it added value and repeated clients
• Two year later , November 1, 2000 ValueClick announced it agreed to buy ClickAgents
• A $40 million all-stock merger.• A three year non-compete agreement with ValueClick was
made by Chahal
VENTURE 2 : BLUE LITHIUM• After Gurbaksh was free from the 3 year non compete
agreement , he went and created a similar company on January 12, 2004.
• It had improved tools for controlling the advertising campaigns and better targeting the niches.
• This company was called BlueLithium.com • Bluelithium specialized in behavioral targeting of banner
advertising • The advertising network which was recognized as an
innovator in the online advertising space.• In 2006, BlueLithium was named Top Innovator
by AlwaysOn.
• On September 4, 2007, Yahoo! announced the acquisition of BlueLithium for $300 million.
• Chahal remained CEO of the company through the transition period.• BlueLithium is now known as Yahoo! Advertising.• BlueLithium is the fifth largest ad network in the United States
and the second largest in the United Kingdom, with 145 million unique visitors per month.
VENTURE 3 : RADIUMONE• After selling off his second venture to Yahoo for $300 million
and a non compete agreement in 2007.• In September 2009, Gurbaksh focused on creating a new
category of real-time advertising.• He started his next business venture Gwallet• Gwallet was a virtual currency platform for social developers• October 18, 2010 as Gurbaksh’s non compete agreement
ended Chahal announced the founding of RadiumOne. • RadiumOne absorbed gWallet and expanded its efforts into
programmatic advertising.
HIS SUCCESS MYNTRA
• “If you genuinely want something, don’t wait for it – teach yourself to be impatient.”
• “I’ve also learned that the biggest lessons came from my biggest mistakes.”
• “Find something you love and do it better than everyone else.”• “People tend to think that in order to start a new business they
have to come up with something new and dazzling, but that’s a myth – and it’s often propagated by venture capitalists.”
AWARDS AND RECOGNITION• Apart from being invited for dinner with the US
President Obama• Gurbaksh has also appeared on the famous The Oprah
Winfrey Show . In his interview, Oprah Winfrey introduced him as "one of the youngest and also the wealthiest entrepreneurs on the planet Earth
2006: AlwaysOn Top Innovator of the Year 2010: BusinessWeek, Best Young Tech Entrepreneurs 2011: Most Influential CEO - Under30CEO 2011: Forbes Greatest Risks 2012: Light of India Awards 2012: People's Award for Excellence in Business Leadership2012: Light of India Awards 2012: Amrapali Award for Entrepreneur of the Year 2012: Complex Magazine's: The 25 Richest Tech Entrepreneurs Under 30 2013: Anokhi's Prestige Awards 2013: Tech Entrepreneur of the Decade 2013: Ernst & Young Entrepreneur of the Year Award2013: 40 Under 40 by Direct Marketing News
"You can have the will, the desire, the discipline, the ambition, but when you marry it with passion. There isn't a single thing you can't do."