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The night began with a welcome deal with by Dr Sanjeev B Ahuja, president of TiE UK. He talked about TiE's transformation since its starting as a gaggle of like-minded pals, to its present membership and reach. The One Million by One Million (1M/1M) initiative is announcing a partnership with TiE Chennai that developed out of Sramana Mitra's presentation during TiE Chennai's Startup Tremendous Day on April 9, 2011. He said that although the worldwide financial outlook is bleak, we must always nonetheless keep looking onwards and upwards as far as supporting established and budding entrepreneurs. The remainder are Silicon Valley entrepreneurs of assorted stripes.
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They concluded that the important thing to uplifting their neighborhood, and fostering more entrepreneurship generally, was to show and mentor the following generation of entrepreneurs. They fashioned networking organizations resembling TiE (The Indus Entrepreneurs) to teach others about starting companies, and to carry people together. Indians, who constitute only 6% of Silicon Valley's working population, start roughly 15% of its solicitor law firms.
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