Rahul Garg’s Post

Peter Thiel on the difference between the best founders and “professional CEOs” In his book Zero To One, which is approaching its 10-year anniversary, Thiel wrote: “We need founders. If anything, we should be more tolerant of founders who seem strange or extreme. We need unusual individuals to lead companies beyond mere incrementalism.” And while he doesn’t believe there’s a simple magic formula for what a founder looks like, Thiel observes: “A lot of the great companies that have been built over the last two decades were founded by people where it was somehow deeply connected to their identity - their life’s project.” He contrasts this to Silicon Valley in the 1990s when lots of founders were replaced with professional CEOs. Thiel believes it made a big difference when it became more common for founders run the companies. He gives the example of a 22 year old Mark Zuckerberg turning down a billion dollar acquisition from Yahoo: “If you had a professional CEO, it would have just been: ‘I can’t believe they’re offering us a billion dollars. I’m going to try not to be too eager. We better take the money and run.’” Video Source: The Aspen Institute

🌐 Global Trade in Turmoil: What Lies Ahead for 2024? 🌐 Discover how geopolitical tensions are reshaping global trade, with 533 harmful interventions in the iron & steel sector alone in 2023. Global exports are projected to rise by 2.3% in 2024 despite these challenges. Gain insights into the latest updates on US and India's monetary policies and what the future holds for the Indian rupee. 📊💹 Don't miss out on the crucial insights shaping our economic future! https://lnkd.in/gTy6ZSpf Rahul Garg Rishabh Agrawal Pramit Joshi Yash Mahendra Manasvi Goyal Nishant Bhaskar Mishra Archit Agrawal Vishal Gupta Suparna Thakur Parkavi Moorthy Prashant Purohit Sahil Bajaj Mayank Bothra Genette H. Credlix Mexico Subhra Jyoti Duarah Lokesh Dange Sugandha Grover Rahul Kumar Akshay Kapoor #Finisghts #GlobalTrade #MonetaryPolicy #IndianRupee #EconomicOutlook #TradeFragmentation #Newsletter #FinanceInsights

Lights, camera, action! 🌟 Presenting the highlight video from Moglix Advanced Readiness Group (MARG 2.0)! 📸 We're thrilled to share feedback bytes from our engaging sessions with Lotus Valley International School students. We extend our heartfelt gratitude to our mentors, Mr. Rahul Garg, Mr. Rahul Goel, Ms. Saumya Khare, Mr. Gopal Upadhyay, Mr. Nikhil gupta, Mr. Ahmad Raza, Mr. Arun Kumar Singh, Mr. Bhavesh Khandelwal, Mr. Jasmeet Marwah, Mr. Shiva Nand Singh, and Mr. Vikram Saluja 🇮🇳 for guiding and inspiring these young minds. #MARG2 #CorporateMentorship #LeadershipDevelopment #Moglix #MoglixHaiNa ----------------------------------------------------------------------- Shivya Sachdeva | Deepti Singh | Nupur Singh | Sugandha Grover | Harun Ahmed | Ashmit Kandhari | Tamanna Kotnala | Rekha Singh | Saurabh Kumar |

𝐌𝐚𝐧𝐲 𝐧𝐨𝐧-𝐔𝐒 𝐮𝐧𝐢𝐯𝐞𝐫𝐬𝐢𝐭𝐢𝐞𝐬 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐠𝐫𝐞𝐚𝐭𝐞𝐬𝐭 𝐜𝐡𝐚𝐧𝐜𝐞 𝐨𝐟 𝐩𝐫𝐨𝐝𝐮𝐜𝐢𝐧𝐠 𝐚 𝐔𝐒 𝐮𝐧𝐢𝐜𝐨𝐫𝐧 𝐟𝐨𝐮𝐧𝐝𝐞𝐫 𝐟𝐫𝐨𝐦 𝐢𝐭𝐬 𝐮𝐧𝐝𝐞𝐫𝐠𝐫𝐚𝐝𝐮𝐚𝐭𝐞 𝐩𝐫𝐨𝐠𝐫𝐚𝐦𝐬 𝐚𝐫𝐞 𝐢𝐧 𝐈𝐬𝐫𝐚𝐞𝐥.    Founders of US-based VC-backed companies who graduated from the Technion - Israel Institute of Technology are 21 times more likely than average to achieve unicorn status in the US.    Odds ratios for other universities in Israel:    Reichman University: 10.5 more likely  The Hebrew University of Jerusalem: 5.9  Tel Aviv University: 5.6  Ben-Gurion University of the Negev: 5.2    In three cases – Tsinghua University, Fudan University, and Savitribai Phule Pune University – we could not determine a ratio because EVERY founder graduating from these universities ended up with a unicorn (at least, in our sample)!     These are all astonishing odds.     The following schools with at least 10 founders among their undergraduate students also had good odds of producing unicorn founders:    Indian Institute of Technology, Bombay (3.0 times more likely than average)  Bar-Ilan University (2.2)  Indian Institute of Technology, Delhi (2.0)  University of Waterloo (1.6)  Birla Institute of Technology and Science, Pilani (1.6)  Indian Institute of Technology, Kanpur (1.4)  Queen's University (1.4)    Any other universities you expected to see in this post?    Thank you to the Stanford University Graduate School of Business Venture Capital Initiative team for spearheading this research.    Note: In our sample of 2,897 founders of 1,110 US-based VC-backed unicorns, 607 founders earned a bachelor’s degree outside the US. Among the 2,337 founders from the random sample of 1,027 US-based VC-backed companies, 345 did so. Undergraduates from the Israel Institute of Technology include 26 unicorn founders and 1 random sample founder. Dividing one on the other, and correcting for the different number of unicorn founders and random sample founders, the odds ratio is 21.      #stanford #stanfordgsb #venturecapital #startups #innovation #technology 

🌟 Delighted to share highlights from our participation at the 2nd NxtGen ProcureConnect 2024 by Gain Skills Business Media Pvt Ltd.! Engaging discussions with industry leaders on essential leadership qualities for overcoming manufacturing and procurement challenges, along with valuable networking opportunities with procurement experts. Many thanks to all who visited Moglix's experiential space – eager to partner with you in accelerating your digital journey! #ProcurementLeadership #ManufacturingChallenges #DigitalJourney #MoglixHaiNa

🚀 Exciting news! Ms. Jigyasa Kishore (she/her), as a part of the core group member and CII IWN member, participated in the prestigious launch of SPARK, an initiative by CII ( CII Western Region ) Indian Women Network, in Mumbai on June 26th. SPARK is a pioneering mission dedicated to empowering and championing #WomenInSTEM. The event united accomplished women scientists, industry pioneers, and scholars, underscoring our commitment to fostering innovation and advancing our nation's development. The CII Western Region IWN SPARK program empowers women and girls in #STEM with: 1) Road to School Initiative: Engages girls through interactive learning. 2) Financial Support: Provides scholarships and grants. 3) Job Placement Support: Offers mentorship and flexible work options. 4) Inclusive Workplace Practices: Promotes gender-inclusive environments, focusing on MSMEs and startups. Anjali Pandey Ranjana Maitra Geetika Kambli Prasanna Venkatraman #womeninstem #SPARK #Leadership #CIIIndianWomenNetwork #CIIWN #stemeducation #womenforchange

This #MSMEDay, let's honor the resilience, innovation, and hard work of MSMEs that drive our economy forward.    At Moglix, we are proud to empower these remarkable businesses by providing the tools and resources they need to thrive.   Here's to the entrepreneurs, the visionaries, and the doers who drive progress and inspire us all.   Best wishes from Team Moglix!   #MSMEDay #EmpoweringMSMEs #Innovation #Growth #Moglix #MoglixHaiNa