Management concept Cia 3

Prepared by: Shivam khetriwala 0911059 Shrenik sipani 0911060

•Bhatia was born to a Punjabi Hindu family in Chandigarh, India.• Bhatia was schooled at the St. Joseph's Boys' High School in Bangalore.•In 1985, he began his undergraduate education at the Birla Institute of Technology and Science (BITS) in Pilani and was transferred to Caltech after two years at BITS.•After graduating from Caltech, Sabeer went to Stanford University in 1989 to pursue his M.S in Electrical Engineering. At Stanford, he worked on Ultra Low Power VLSI Design.

EARLY LIFE

Sabeer bhatia was working on Ultra Low Power VLSI Design.He got inspired by entrepreneurs such as Steve Jobs and Scott McNealy and eventually decided to become one himself.He decided to join Apple in 1991.In 1994, Sabeer started working on new ideas for the Internet and he teamed up with Jack Smith, a colleague from Apple Computer, Inc.The two came up with the concept of a web-based database entitled Javasoft. While pursuing this idea, they subsequently realized the potential of a web-based e-mail system and thus decided to create one called HoTMaiL

CAREER

HoTMaiLSabeer bhatia and Jack Smith were the founder of the HoTMaiL.It was commercially launched on July 4, 1996, American Independence Day, symbolizing "freedom" from ISP-based e-mailIn order to attract attention, the e-mail service was provided for free and revenue was obtained through the advertising on the website.Draper Fisher Ventures invested $300,000 on the project and the service was launched on July 4, 1996In less than six months, the website attracted over 1 million subscribers.By December 1997, it reported more than 8.5 million subscribers.

Microsoft eventually took notice and on December 30, 1997 (Bhatia's 29th birthday)Hotmail was sold to Microsoft for a reported sum of $400 million.After selling Hotmail, Bhatia worked at Microsoft for about a year and in April 1999, he left the company to start another website.

MICROSOFT take over HOTMAIL

AWARDS"Entrepreneur of the Year," Awarded

by the venture capital firm Draper Fisher Jurvetson (1998)Named to the "Elite 100," Upside magazine's list of top trendsetters in the New EconomyRecipient of the TR100 award, presented by MIT to 100 young innovators who are expected to have the greatest impact on technology in the next few yearsSelected by the San Jose Mercury News and POV magazine as one of the ten most successful entrepreneurs of (1998)Named by TIME as one of the "People to Watch" in International Business (2002)

FAMILY

His father, Baldev Bhatia, was as an officer in the Indian Army who later joined the Indian Ministry of Defence

His mother, Daman Bhatia, was a senior official at the Central Bank of India.

He got married to Tania Sharma, heiress of the Baidyanath group, in 2008.They got married in a private ceremony in Langkawi, Malaysia.

INVESTORS OF HOTMAIL

Neo accel

Draper Fisher Ventures

Menlo Ventures

When Sabeer Bhatia, who made his first million early in life, talks about the idea of 'failure' he ought to be taken seriously. It is not in our business culture to embrace failure, he says - 'we have not matured with the idea of failure'. People are surprised when he tells them that the story of Silicon Valley has been that nine out of ten products failed, but the one that made it more than made up for all earlier losses.

His thought on failure

Other ventures

Arooz.comblogosphere.Live DocumentsSabSeBolo.com

Nano City

• 11138 acres of flatland• 25 km from Chandigarh• boundry has 2 seasonal rivers•Partnership between Haryana State Government and Sabeer Bhatia Group

•The garage houses a black BMW M3, an ocean blue Porsche Boxster and a Ferrari F1 955 Spyder. But this is not about that Sabeer Bhatia.

This is about the Sabeer Bhatia who still •drives the red Volkswagen Jetta.

Thoughts

Thank you