Tuesday, January 31, 2017

I just completed another youtube video on Y Combinator's Superstars
Patrick Collison and John Collison

Here is the link
https://www.youtube.com/watch?v=D2ixh173Fuc

3 reasons I chose the Collison Brothers
1.   They are the world's youngest self-made billionaires at age 26 and age 27

2.    They fit my paradox of Small Country, Big Billionaires.  Ireland is a small country with less than 5 million population.  That makes Ireland smaller than Hong Kong and Israel.


3.    The global drive to easier on-line payment is just beginning

The Collison Brothers were born and raised in Limerick Ireland.  At age 16, Patrick won the Young Scientist and Exhibition Award 2004 and went on to study at MIT


Here is Patrick Collison with Prime Minister of Ireland in 2004

The Collison Borthers became Teenage Millionaires when they sold the company they co-founded with 2 Oxford University graudate for $5 Million in 2008.



The they founded Stripe in 2009 




Stripe is an online payment infrastructure company

Along the same tradition as Bill Gates and Mark Zuckerberg,  Patrick Collison dropped out of MIT and John Collison dropped out of Harvard University to start STRIPE.






This is a Great Story.

Tuesday, January 24, 2017

I have been working on STARTUP self-made billionaires.

And I found Paul Graham, co-founder of Y Combinator

Here is the latest video I did on youtube

https://www.youtube.com/watch?v=aX-zo2ht7tM





Paul Graham's advice is not to be a lame animals


Join Y Combinator,  same day interview, same day decision





Y Combinator is like a Self-made Billionaire factory.  In the past decade, it has produced 7 self-made billionaires, including Paul Graham

Here are the pictures of the other self-made billionaires
First, it is Brian Chesky
Joe Gebbia and
Nathan Blecharczyk



Next are the Collison Brothers (Patrick Collison and John Collison). 
The Irish Brothers founded Stripe and they are still in their 20s. 




And Drew Houston, founder of Dropbox and a graduate of MIT, also became a self-made billionaire

 

No wonder Y Combinator is a most popular place for startups.

Thursday, January 5, 2017

I published eBook "Zero to Billions: Anyone Can,  49 Indian Self-made Billionaires, India at the Crossroad" .  Here is the eBook



Well, to say Indian at a Crossroad is in a way unfair.  Are all countries at the Crossroad now?

As most countries are experiencing high unemployment, growing inequality and prospect of slowing growth.

India in the 1980s and 1990s were fueled by the strength of her Software Services.  The Big Three (WIPRO, HCL and INFOSYS) still dominate today.   Their founders are all 60s to 70s and self-made billionaires.

India in the last 15 years have been fueled by growth of drug companies and created 12 self-made billionaires. 

These 2 sectors aside, I don't see much a third sector evolving.  The Finance Sector and the Real Estate sector are relatively weak compared to other countries.

SOCIAL MOBILITY in India

India is the only country I studied so far where the number of Inheritance Billionaires (64) outnumber the number of Self-made Billionaires (49)

And it is not looking any better in the near future






Maybe it has to do with the government's policy of Import Substitution


In any case,  I am not going to advice or critique the Indian Economy.  Rather I am very content to write a eBook that is 90% facts and 10% Analysis.

By keeping my analysis to a minimum, I leave open the readers' own interpretation of the facts and figures.  I think I also respect the readers' intelligence.

As of 2017, the richest Indian Self-made Billionaires is
Azim Premji



He is the founder of WIPRO.
At age 71, with a net worth of $14.7 Billion
He is also a graduate of Stanford University



Second on the list is Dilip Shanghvi
At age 61, with a net worth of $13.4 Billion
He made his fortune in Pharmaceutical

 This is my eBook #17 on Self-made Billionaire and my last eBook of year 2016.

In 2016, I wrote 9 eBook on Self-made Billionaires.  Now I am making a lot of videos on the same topic on youtube.  I doubt I will write 8 or 9 eBook in 2017.

Please watch my videos on the same topic on youtube
https://www.youtube.com/watch?v=txeyWszL2ps&t=153s