Friday, May 22, 2015

Reverse Brain Drain?

Best viewed large. The main terminal of the br...
Best viewed large. The main terminal of the brand new Bangalore International Airport. I was one of the first few people at the airport. My mother arrived on the third flight into this new airport. (Photo credit: Wikipedia)
Top Indian talent in Silicon Valley moves back home to join star startups
Top Indian talent is moving from globally iconic American technology companies to India's star startups. And homes are being shifted from Bay Area to Bangalore. ...... from Google to Flipkart, from Disney and Facebook to Zomato, from Symantec to Snapdeal ..... Matching dollar salaries and the sheer range of future career opportunities are the hooks India's tech blue chips are offering to Indian talent in Silicon Valley. ...... "The smart entrepreneurs have already returned, tens of thousands more will return over the next 2-3 years" ...... being wooed by at least half-adozen Indian startups valued anywhere between $1 billion and $15 billion. ...... All salaries look handsome and Silicon Valley-competitive in dollar terms, and most assignments involve complex technology solutions for the mobile platform...... startups such as Zomato, whose restaurant discovery app is now present in 22 countries, are articulating their ambitions on a global scale. For Silicon Valley's top talent, nothing attracts more than a mission to dominate the world. "The idea is always world domination, if you speak anything less than that, you are not ambitious enough. ......... Both are being paid Valley salaries too — $5-6 million annual packages. ...... but it's just a whole new level of intensity here ..... "India is at the forefront of the mobile innovation" ...... "I made the decision to move here in less than 30 seconds," said Mani. "Hundreds of millions of Indians will experience the Internet for the first time on a smartphone in the next few years" ........ "India will see a technology boom over the next 5 years that will make the US dotcom boom look lame. There will be dozens of billion-dollar companies emerging from India's ecosystem which will transform business, industry and society." ......... "History is witness to the savviest, smartest and most entrepreneurial people usually going off to crazy places at regular intervals. This is relatively reasonable"


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