Silicon Valley insider Venk Shukla has enjoyed a colorful past. He has led a scholarship fund for the poorest kids in India to become doctoral graduates from Ivy League schools, was the vice president of marketing in Cadence Design Systems, and received his MBA from MIT, among numerous other accomplishments.
This week, TiE, which stands for The Indus Entrepreneurs, is holding its annual entrepreneurship conference in California that draws several thousand people each year. Shukla, 60, is also president of TiE. He explained the motivation behind TiE.
“The founders of TiE believe that wealth creation is a noble goal,” said Shukla. “And they believe that the best way to create wealth is through entrepreneurship and the best way to promote entrepreneurship is for successful people to work closely with those who want to be successful.”
At TiE, the biggest names from the tech industry attend alongside people coming straight out of college.
One of the stealth companies that has captivated Shukla is a company that makes smart shirts, which have sensors in the fabric to monitor the body, bringing to life what was once only science fiction.