Gurbaksh Chahal

Gurbaksh Chahal

Infobox Person
name = Gurbaksh Singh Chahal


caption = Gurbaksh Chahal
birth_date = birth date and age|1982|7|17
birth_place = Taran Taran, Punjab
occupation = Entrepreneur
salary =
children =
website = [http://www.chahal.com/ www.chahal.com]
agent = William Morris Agency
footnotes =

Gurbaksh Singh Chahal (born July 17, 1982 and more recently known as 'G') is an award winning American entrepreneur and TV personality. He was also the Founder, Chairman & CEO of two advertising companies which were sold for over $340 million.

Biography

Chahal was born in the town of Tarn Taran, near Amritsar in Punjab, India to Avtar and Arjinder Chahal. He is of Punjabi-Sikh descent. In 1985, his parents received a visa for America through a lottery-based system in India. A year later, he immigrated to the United States at the age of 4 with the rest of his family and settled in San Jose, California. Gurbaksh is the youngest of four siblings. [ [http://www.chahal.com Home page] , Gurbaksh Chahal's personal web site.]

Business Ventures

On December 15, 1998, at the age of 16, started his first venture, ClickAgents. ClickAgents was an advertising network focused on performance-based advertising. Two years later, on November 1 2000, ValueClick announced it agreed to buy ClickAgents in a $40 million all-stock merger. [ [http://phx.corporate-ir.net/phoenix.zhtml?c=84375&p=irol-newsArticle&ID=129263 ValueClick Acquires Click Agents] , ValueClick press release, Thompson Financial's corporate-ir.net site.] Chahal had a three year non-compete agreement with ValueClick. In July 2002, he opened a restaurant called Planet Bollywood in Milpitas California at the age of 20 [ [http://www.siliconeer.com/past_issues/2002/july2002.htmll#Anchor-Planet-11481 Planet Bollywood Opens] , The Silliconeer, July 2002. Retrieved September 12 2008.] .

In January 12, 2004, Chahal formed BlueLithium another advertising network which was recognized as an innovator in the online advertising space in a Business 2.0 article. [ [http://money.cnn.com/2006/09/15/technology/disruptors_bluelithium.biz2/index.htm Big Innovations: BlueLithium] , Business 2.0, September 20 2006.] .

In 2006, under Chahal's leadership, BlueLithium was named Top Innovator by AlwaysOn. [ [http://alwayson.goingon.com/permalink/post/2718 The 2006 AO 100] , AlwaysOn.]

On October 15, 2007 Yahoo! bought BlueLithium for $300 million in cash. He was 25 years old at the time. Chahal remained CEO of the company through the transition period. [ [http://yhoo.client.shareholder.com/press/releasedetail.cfm?ReleaseID=262635 Yahoo! Inc. - Press Release] ] Chahal is now working on his next start-up gWallet. [ [http://www.gWallet.com gWallet Website] Corporate Website] gWallet is a site that will allow its users to find deals on merchandise they are looking for via the internet. He currently resides in San Francisco, USA.

References


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