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दुनिया में सबसे ज्यादा सैलरी लेने वाले शख्स बने निकेश अरोड़ा, अब हैं पालो अल्टो नेटवर्क के नए CEO

50 साल के अरोड़ा ने मार्क मिकलॉकलीन जगह ली है. जो पिछले सात सालों से पालो अल्टो के सीईओ के पद पर बने हुए थे. निकेश अरोड़ा सीईओ के साथ ही इस ग्रुप के नए चेयरमैन भी बन गए हैं. निकेश का सालाना वेतन 1 मिलियन डॉलर यानी लगभग 6.7 करोड़ रुपये होगा और इतना ही उन्हें बोनस मिलेगा. इसके साथ ही उन्हें 40 मिलियन डॉलर यानी 268 करोड़ रुपए के रिस्ट्रीक्टेड शेयर मिलेंगे।

कौन हैं निकेश अरोड़ा?
निकेश अरोड़ा का जन्म 6 फरवरी 1968 को उत्तर प्रदेश के गाजि‍याबाद में हुआ. निकेश के पिता इंडियन एयरफ़ोर्स में अधिकारी थे. उन्होंने दिल्ली के एयरफ़ोर्स के स्कूल से पढ़ाई की. उन्होंने इलेक्ट्रॉनिक इंजीनियरिंग आआईटी वाराणसी (बीएचयू) से साल 1989 में किया. आईआईटी की डिग्री के बाद उन्हें विप्रो में नौकरी मिली लेकिन उन्होंने जल्द ही ये नौकरी छोड़ दी औऱ आगे की पढ़ाई के लिए अमेरिका की बोस्टन यूनिवर्सिटी में दाखिला लिया. इसके बाद उन्होंने अमेरिका नॉर्थ-ईस्टर्न यूनिवर्सिटी से एमबीए की डिग्री ली.

निकेश अरोड़ा ने साल 2004 में गूगल कंपनी ज्वाइन की. गूगल में वे कई ऑपरेशन के लीडर के तौर पर काम करते रहे. साल 2004 से 2007 के बीच वे गूगल के यूरोप ऑपरेशन के वाइस प्रेसिडेंट रहे. इसके बाद अफ्रीका रिजन के लिए साल 2009 तक काम किया. साल 2009 से 2010 तक वे गूगल के ग्लोबल बिजनेस डेवपमेंट के प्रेसिडेंट रहे. 2011 में वो गूगल में चीफ़ बिज़नेस ऑफिसर बन गए और इसके साथ ही वो उस लीग में आ गए जिन्हें गूगल सबसे ज्यादा सैलरी देता है. साल 2014 में अरोड़ा ने गूगल की नौकरी छोड़ दी.

इसके बाद निकेश ने बतौर सीओओ (चीफ ऑपरेटिंग ऑफिसर) सॉफ़्ट बैंक ज्वाइन किया था और यहां उन्हें दो सालों में 200 मिलियन डॉलर का कंपेंसेशन पैकेज मिला. निकेश यहां जून 2016 तक रहे थे. अब जून 2018 में उन्होंने पालो अल्टो का हाथ थामा है.

 

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Three Keys That Elon Musk Can Teach You About Getting Funding for Your Startup

If there’s one person who embodies the idea of “entrepreneur,” it’s Elon Musk.

He has been responsible for the development of a large number of high-profile technology companies, which include Zip2, X.com (later merged with Confinity to form PayPal), SpaceX, SolarCity, Tesla and many others.

What’s remarkable about Musk is the way he funded his startups, especially SpaceX and Tesla. While he has relied on external funding, he nonetheless had to face many setbacks that almost brought his companies to an early end.

As an entrepreneur, Musk can teach you a great deal about how to get funding for your startup. Here are the three most important learnings you can get from his experience.

Convince investors with your commitment.

The mid-nineties remind us of an era of unprecedented economic growth and a feeling of prosperity toward the country’s future, something that stands in sharp contrast with our present.

The context in which Musk raised venture capital to fund his first startup represents another drastic difference with the present. In 1995, there was slightly over $ 8 billion available in the global VC market, a small piece of the current $ 155 billion that was raised last year. His beginnings were humble. Musk, his brother Kimbal, and a small sales team pitched the new company door to door for the first months.

Due to their lack of funding, Musk and his brother had to live on the little money they had, sleeping on futons at their office and using the showers of the YMCA that was located a few blocks away. To convince their investors, Musk and his brother relied on a creative trick: They built an elaborate casement around the computer that worked as Zip2’s server and put it on a large, wheeled base that made it look like “a mini-supercomputer.”

This trick, together with the frugality in which the Musk brothers lived, helped them become profitable soon. Their early profitability helped them raise money from a small group of angel investors, which would eventually lead to a $3-million investment from Mohr Davidow Ventures, and finally, a $307-million acquisition by Compaq.

The passion and commitment Musk showed goes beyond the funny tricks and futon nights. Musk didn’t waste the $22 million he got from Zip2’s sale on expensive cars and luxurious mansions. He reinvested — and risked — everything to build his second company, X.com, which would lead to PayPal. The sale of PayPal to eBay would net Musk $180 million, which he would then use to fund SpaceX, Tesla and SolarCity.

If there’s one thing the beginnings of Musk’s journey show, it’s that he’s the kind of entrepreneur who works for the long run. When he’s involved with a company, he goes all in. He invests everything he has, putting all his energies into building them.

It’s hard for a venture capitalist to reject an entrepreneur with such a hard-working spirit. You don’t need to shower in a YMCA to show the sacrifice you are willing to make for your company (unless you are truly broke, like the Musk brothers were back then). Rather, you need to show you live and breath your company, and that you are willing to do anything to make your vision happen.

Don’t give up control too soon.

A hard fact about the tech world is that few startups get to grow to billions of dollars in valuation without any VC funding, something that leads to one problem: dilution of equity and loss of control of the company.

Most startup founders need to live with that situation, and many get to keep control thanks to the high trust VCs have for the founder and executive team. The case of Mark Zuckerberg, who owned 28.4 percent of Facebook’s shares at the time of its IPO, is a good example of such case.

Yet, in some other cases, founders lose excessive control too soon, leaving them powerless against the more professional and experienced VCs. This is something Musk learned early in his career.

Musk’s career in Zip2 had an abrupt and sad ending: The first funding round deeply diluted his equity, which left him powerless after his board of directors decided to bring on a new CEO and make Musk the CTO. While Musk was still on the executive team, he couldn’t tolerate the lack of control and the way the new CEO, Rich Sorkin, ran the company.

Musk met a similar fate with his second startup, X.com. After Musk merged X.com with one of its competitors, Confinity, he ended up being the CEO of the new company, PayPal. Unfortunately, he was ousted from the CEO position after a rather trivial fight over the technology platform PayPal used.

The lack of control he had over his two companies had a significant impact on his future ventures. Nowadays, Musk prefers to start by investing as much money as he can (as you just saw), making sure he always has the upper hand in his company’s decisions. His obsession over equity control explains why while he was going through Tesla’s funding, he maintained his ownership percentage.

The lessons for you are clear: Before you focus on raising as much money as you can, remember to leave some equity for your own (particularly if you are an inexperienced CEO). If you care about your company’s vision, you need to make sure you can carry it out. It’s hard to achieve such feat if you hold little voting control over your company. Becoming profitable as early as possible can help you overcome this issue, especially if you get creative, like you are about to see below.

Be resourceful.

Lack of resources isn’t a something that sits well with Musk. As you have seen so far, he has been willing to do whatever he has to do to have his companies prosper. What’s remarkable about Musk is that whenever he’s got all the odds against him, he turns the situation around by being resourceful.

To help you understand what I mean by this, let’s take a look at what he did with his latest venture, The Boring Company. Despite the fact he funded the company with his own money (as usual), the mission to build underground tunnels seems like an expensive task, making the company strapped for cash.

Being resourceful is an attitude shared by almost all successful tech entrepreneurs, like the case of the founders of Airbnb. According to the author Leigh Gallagher, author of the book The Airbnb Story, when the founders were on the verge of bankruptcy, they decided to sell cereal prior to 2008’s Presidential election. Thanks to their PR-fueled campaign, not only were they able to extend the life of the company (which today is worth $31 billion), they were able to get accepted into Y Combinator, the famous tech accelerator, which would lead to their first funding round and the growth of the company. As Paul Graham, the co-founder of Y Combinator said, “If you can convince people to pay $40 for a $4 box of cereal, you can probably convince people to sleep in other people’s airbeds.”

The lesson you can learn from Musk shows you that if you lack funding (or any other thing that is essential to the existence of your company), it’s your job to do whatever it takes to get it. Life isn’t fair for risk-averse entrepreneurs, yet Musk has been able to make his companies work by getting creative, thinking on his feet and showing commitment right from the start.

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Congress poster spotted in Cambridge Analytica CEO Nix’s London office

Though the Congress has denied it has any links with Cambridge Analytica, the company accused of stealing Facebook data to influence elections, a documentary released last year by journalist and tech blogger Jamie Bartlett throws up an image the Congress may have hard time to explain.

The Persuasion Machine, the last of the two-part documentary series for the BBC, ‘Secrets of the SIlicon Valley’, shows Bartlett meeting Cambridge Analytica’s now-suspended CEO Alexander Nix in his London office. As Bartlett enters Nix’s room, he stands up and greets him. Right behind Nix, on the wall, is a poster showing the ‘hand’ symbol of the Congress party. Below the hand is written “Congress” in bold letters. The poster carries the slogan ‘Development for all’.

Bartlett’s documentary probes the role of technology in the election campaign of US President Donald Trump. Nix is one of the many people he interviews. Though Nix says nothing about the operations of Cambridge Analytica in India and talks about only the Trump campaign, the Congress poster on the wall behind him looks like proud showcasing of a big client.

In ‘The Persuasion Machine’, Bartlett narrates how Silicon Valley has opened a new frontier—controlling political expression and behaviour of the masses. “It was the biggest political earthquake of the century. But just how did Donald Trump defy the predictions of political pundits and pollsters?” begins Bartlett.

BJP Minister Smriti Irani shares this picture from her official Twitter handle and disclose this important news with mentioning economictimes article.

After Nix explains how the company created psychographic profiles of voters, Bartlett asks, “Where did all the information to predict voters’ personalities come from?” Nix says,”Very originally, we used a combination of telephone surveys and then we used a number of online platforms for gathering questions. As we started to gather more data, we started to look at other platforms such as Facebook, for instance.”

When Bartlett wonders if some people would find it a little bit creepy to predict a voter’s personality to persuade him, Nix says, “No, I can’t. Quite the opposite. I think that the move away from blanket advertising, the move towards ever more personalised communication is a very natural progression. I think it is only going to increase.”

Justifying the company using personal data people put in the public domain, Nix gives the example of a supermarket loyalty card where people get points and the company gathers the data on consumer behaviour. But Bartlett is puzzled. “I mean, we are talking about politics and we’re talking about shopping. Are they really the same thing?” he asks. Nix replies, “The technology is the same. In the next 10 years, the sheer volumes of data that are going to be available, that are going to be driving all sorts of things including marketing and communications, is going to be a paradigm shift from where we are now and it’s going to be a revolution, and that is the way the world is moving. And, you know, I think, whether you like it or not, it is an inevitable fact.”

For more than a week, the Congress and the Bharatiya Janata Party (BJP) have traded charges, accusing each other of having been clients of Cambridge Analytica. Christopher Wylie, the Cambridge Analytica whistleblowerat the heart of the Facebook privacy scandal, told British lawmakers yesterday that he “believes” Congress was the company’s client.

The Congress denies it has anything to do with Cambridge Analytica. However, Alexander Nix was not shy of displaying the Congress poster in his own office.