Calculated Risk And Reward: Vinod Gupta’s Path To Success

Born on July 4th, 1946 in Rampur Maniharan, India, Vinod Gupta’s story is nothing short of a dream come true. He earned his degree in agriculture from the Indian Institute of Technology in Kharagpur. Shortly after, in 1964, Vinod received his commission from the Indian Air Force. He resigned in 1967 after attaining the rank of Squadron Leader. Later that saame year he moved to the United States and attended the University of Nebraska where he would earn his Master’s of Science in Agricultural Engineering and his Master’s of Business Administration. He would eventually receive three honorary doctorate degrees from the Monterey Institute, the University of Nebraska, and IIT Kharagpur.

Graduating from the University of Nebraska in 1971, Vinod Gupta was hired by Commodore Corporation as a market research analyst. He would eventually re-organize a list of every mobile home dealer across the entire United States. Later that year he would be approved for a loan of $100,000. He then used the information he had gathered to invest the money. And in 1972, Vinod Gupta founded American Business Information (ABI).

Over the next 3 and a half decades the success of ABI was nothing short of monumental. In 1997, Vinod Gupta resigned from his position as the company’s chief executive. At the time the company was worth some where in the neighborhood of $650 million. Vinod owned %38 of the company. Shortly after, in 1998, he would resume his former position and rebrand the company infoUSA.

Throughout the next decade Vinod Gupta would acquire more than 45 companies eventually expanding the company all over the globe with offices in China, India, the United Kingdom, Singapore, Canada, Australia and the United States. And would rebrand the company once again, this time naming the company infoGroup. In 2010, info Group was sold for an astronomical $680 million dollars.

Today he heads Everest Group. The company specializes in venture capital investments for startup database technology companies and acquires failing businesses with the goal of turning the company into a success.

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