Building WelBe| Entr... • 4m
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.
Senior developer | b... • 1y
Paras Chopra’s Nintee shuts down, to return investors’ money" Nintee, a digital health startup launched by Wingify founder Paras Chopra, has announced shutting down its operations after a year of launch. "Our original hypothesis was to use AI for h
See MoreFounder & Editor of ... • 4m
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 • 4m
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... • 4m
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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