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The night began with a welcome handle by Dr Sanjeev B Ahuja, president of TiE UK. He said that although the global financial outlook is bleak, we must always nonetheless keep trying onwards and upwards so far as supporting established and budding entrepreneurs. He talked about TiE's transformation since its beginning as a group of like-minded friends, to its present membership and attain. The One Million by One Million (1M/1M) initiative is announcing a partnership with TiE Chennai that developed out of Sramana Mitra's presentation during TiE Chennai's Startup Super Day on April 9, 2011. The rest are Silicon Valley entrepreneurs of various stripes.
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They fashioned networking organizations resembling TiE (The Indus Entrepreneurs) to teach others about starting businesses, and to carry individuals together. Indians, who constitute solely 6% of Silicon Valley's working population, start roughly 15% of its firms. They concluded that the important thing to uplifting their group, and fostering more entrepreneurship on the whole, was to show and mentor the next generation of entrepreneurs.
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