The Indus Entrepreneurs
From Wikipedia, the free encyclopedia
The Indus Entrepreneurs or TiE is a not-for-profit global network of entrepreneurs and professionals founded in 1992 in Silicon Valley, California, USA by a group of businessmen and entrepreneurs of Indian Origin led by Dr. Suhas Patil. Though its name signifies the ethnic South Asian or Indus roots of the founders, TiE, as the founders claim, stands for Talent, Ideas and Enterprise. The next chapters, Boston and Los Angeles, were founded in 1997. The first chapters in India were Bangalore and Mumbai, which were founded in 1999. Currently, TiE has more than forty chapters in nine countries.
TiE's biggest single contribution is fostering the birth of many companies by providing a place where entrepreneurs can find resources of all kinds - mentoring, financial and employees!
TiE is supported by two groups:
- charter members - accomplished businessmen - executives, founders of companies and venture capitalists.
- sponsors - venture firms, legal firms and venture financial services
TiE endeavours to cultivate and nurture the ecosystems of entrepreneurship and free-market economies everywhere, as it sees this to be the single most powerful instrument of prosperity.
[edit] Silicon Valley Chapter
TiE Silicon Valley is the flagship chapter for TiE. It is well known for hosting what is perhaps the largest gathering on entreprenurship at the Santa Clara Convention Center in Silicon Valley every year. Past speakers have included Jim Clark, Eric Schmidt, Carly Fiorina, Irwin Jacobs, Thomas Friedman and Vinod Khosla.
TiE Silicon Valley has created a model that allows a birds of a feather style gathering on many topics ranging from semi-conductors to internet and new media.
TiE Silicon Valley has been led by a president and a board of directors. Both are elected for a term of two years by the charter members. The TiE Silicon Valley presidents have included Suhas Patil (founder Cirrus Logic), Kanwal Rekhi (founder Excelan), Kailash Joshi (senior exec IBM), Sridhar Iyenger (Partner, KPMG) and is currently led by Raj Jaswa (founder Selectica and Opti).