29 October 2007

Day's Quote/Corporate Story

Quote of the Day

" Do not settle for what you know, but rather strive for the unknown."


Corporate/Personality of the Day

Gurbaksh Chahal

Gurbaksh Chahal (born July 17, 1982) is the founder of several advertising companies.
Chahal was born in the town of Tarn Taran, near Amritsar in Punjab, India to Avtar and Arjinder Chahal. In 1985, his parents received a visa for America through a lottery-based system in India. He immigrated to the United States at the age of 4 with his family and settled in San Jose, California. Gurbaksh is the youngest of four siblings.[citation needed]
On December 15, 1998, at the age of 16, started his first venture ClickAgents. ClickAgents was an advertising network focused on performance-based advertising. Two years later, on November 1st 2000, ValueClick announced it agreed to buy ClickAgents in a $40 million all-stock merger. [1] Chahal had a three year non-compete agreement with ValueClick.
In January 12, 2004, Chahal formed BlueLithium another advertising network which was recognized as an innovator in the online advertising space in a Business 2.0 article. [2].
In 2006, under Chahal's leadership, BlueLithium was named Top Innovator by AlwaysOn. [3]
On October 15th, 2007 Yahoo! bought BlueLithium for $300 million in cash. Chahal remains CEO of the company through the transition period. [4] He has now created companies worth over $340 million by the age of 25. Chahal currently resides in the Bay Area.


For more, Visit: http://en.wikipedia.org/wiki/Gurbaksh_Chahal



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