prasad1
Active member
Kunal Bahl's American dream was coming together in late 2007. He had Ivy League degrees in business and engineering, a debut job at Microsoft Corp. and a roadmap to the career he’d always wanted in Silicon Valley.
Then his application for a U.S. visa was rejected and he was kicked out the country. Lucky for him.
Back in India, he got over the shock and founded a company in New Delhi with a childhood friend. Today Snapdeal.com is one of the most highly valued startups in Asia's third-largest economy, valued at about $5 billion.
The 31-year-old is one of the thousands of a generation of engineers and entrepreneurs who quit America for home — some by choice, some because of U.S. immigration barriers — to find a technology industry with more green-field opportunities than Silicon Valley. Many Indians aren’t leaving at all, or are going to the U.S. for degrees from Harvard and Stanford with no plans to stay after graduation.
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To be sure, many of those were from India. But increasingly, Indian engineers are quite happy with their own tech boom. "It’s a good thing that people are going back and trying to become an entrepreneur and chasing opportunities and creating employment," said Freshdesk's Mathrubootham. "It’s a good thing from India’s point of view. It’s probably a bad thing from the U.S. point of view
http://finance.yahoo.com/news/americas-unwanted-ivy-leaguers-flocking-210634992.html
Then his application for a U.S. visa was rejected and he was kicked out the country. Lucky for him.
Back in India, he got over the shock and founded a company in New Delhi with a childhood friend. Today Snapdeal.com is one of the most highly valued startups in Asia's third-largest economy, valued at about $5 billion.
The 31-year-old is one of the thousands of a generation of engineers and entrepreneurs who quit America for home — some by choice, some because of U.S. immigration barriers — to find a technology industry with more green-field opportunities than Silicon Valley. Many Indians aren’t leaving at all, or are going to the U.S. for degrees from Harvard and Stanford with no plans to stay after graduation.
...............................................
To be sure, many of those were from India. But increasingly, Indian engineers are quite happy with their own tech boom. "It’s a good thing that people are going back and trying to become an entrepreneur and chasing opportunities and creating employment," said Freshdesk's Mathrubootham. "It’s a good thing from India’s point of view. It’s probably a bad thing from the U.S. point of view
http://finance.yahoo.com/news/americas-unwanted-ivy-leaguers-flocking-210634992.html
