Building WelBe| Entr... • 5m
Newly-minted Indian millionaire reveals how his life changed after selling startup for $200M Wingify founder Paras Chopra, now a millionaire, humorously notes minor lifestyle changes post-acquisition. Bengaluru-based Paras Chopra has sold a majority stake in his bootstrapped startup Wingify to private equity firm Everstone for about $200 million. The acquisition has made Chopra, who owned 71% of Wingify, a very wealthy man. The Bengaluru founder has seen his net worth soar – rivaling, and in some cases, surpassing, that of top Hollywood stars. But has his lifestyle undergone a dramatic transformation? The biggest change in my life after Wingify exit is that I've started taking Uber Premier instead of Uber Go,” he wrote, adding a smiley face emoji to end his quip. The newly-minted millionaire made approximately $142 million from the acquisition. However, since he is retaining a minority stake, his total net worth could be higher, depending on the value of his remaining stake and any other assets he owns.
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After selling his bootstrapped startup Wingify for $200 million, Paras Chopra is diving into artificial intelligence. His next big project is a foundational AI research lab in India, focused on building advanced models and algorithms for the world.
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Faad Network • 5m
How did Wingify survive with no funding for 15 years and get acquired for 1660 CR? 1. In 2009, Paras Chopra, a biotechnology graduate passionate about coding, set out to build a successful software company. His research led him to A/B testing, a tec
See MoreBuilding WelBe| Entr... • 5m
The $40 Billion Mistake – Ron Wayne (Apple's Forgotten Founder) Ron Wayne co-founded Apple with Steve Jobs and Steve Wozniak in 1976 but sold his 10% stake for just $800 because he feared financial risk. Today, that stake would be worth over $100 bi
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lesson from millionaire fastlane Rahul was seated on the hospital bench, the doctor’s voice echoing in his mind: “If only he had arrived earlier.” The health scare of his father made him understand that he had been pursuing wealth while ignoring wh
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