Sometimes you need to invest in more than just the business side of a company. You need to look at what the company really contributes back to its community and how it can lift people up. Those are things entrepreneur and philanthropist Vinod Gupta looks at when he buys out companies through his family office firm, Everest Group.
Gupta has been giving job opportunities to lower income and less educated people important as the founder of several of his own businesses, and he’s also poured his money into different college grants and scholarship programs to US and international universities. But Gupta has never forgotten how it all started.
Vinod Gupta grew up in India in a very poor area of the country, and though he and his family had very little to support themselves with, they worked and studied hard. Gupta was able to attend the Indian Institute of Technology and get a formal degree from there that earned him a trip to the US to get his master’s degree at the University of Nebraska.
After completing that, he became a market research analyst for Commodore Corporation where he would end up starting his own company when he made a discovery about their business listings. Gupta would compile his own business list using updated yellow page information, and then would start selling it after being given the rights to by Commodore Corporation.
Vinod Gupta began using more yellow page information gathering and data organization methods as his business became bigger, and soon he had a large office with many employees that generated over $100 million in revenue.
The company was first named InfoGROUP and later named InfoUSA. Gupta would end up selling it later, but he had dedicated much of his other work to being a part of charity groups like the Clinton Global Initiative, and starting new schools back at his old Indian village. Refer to This Article for more information.