Going virtual, Silicon Valley event became global

By Surekha Vijh

The South Asian Times

 Washington, DC: TiEcon 2020 covered a whole gamut of issues in its first ever virtual conference held September 2-3 in the shadow of the Covid-19 pandemic.

 The global flagship event of The Indus Entrepreneurs had attendees from 61 chapters from 22 countries convened to brainstorm on ideas after a year’s preparations.

Indra Nooyi, former chairperson & CEO of PepsiCo, in her keynote expressed great hope for the future as it was the time to explore all opportunities for entrepreneurs along with rising woman power.

Kumar Sripadam, Co-Convenor, TiEcon 2020, said that the entrepreneurship journey which began with individuals from diverse technologies and geographies converged around an idea that brought great results.

“It becomes a reality when they create a product, solution, or service and subsequently elevate it to its fullest potential to deliver economic outcomes,” he added.

“We certainly did not want to skip our flagship TiEcon event due to the pandemic, so continued this 27-year tradition as a series of virtual events,” said B.J. Arun, president, TiE Silicon Valley.

“This allowed our amazing speaker lineup to reach an even wider audience by expanding this premier Silicon Valley event globally.”

Fred Luddy, Co-Founder, ServiceNow, in his keynote, said he was delighted to see the enthusiasm in the Silicon Valley. He asked them to love the problems more than the solutions, because that was how one received what one loved. His advice: “The best way to succeed is to keep your clients happy. Because your business depends on them.”

How you react to any condition, he said, was the most important tool for successful business. One can lower the price, make changes, and understand the clients’ problems and demands and still look forward to a long, healthy relationship with them, he added.

TiEcon 2020 participants included Edappadi K. Palaniswami, Chief Minister of Tamil Nadu; Eric Yuan, CEO, Zoom Communications; Rich Rao, VP Small Business, Facebook; Rob Bernshetyn, Chairman and CEO, Coupa; and Om Nalamasu, Sr. VP Chief Technology Officer, Applied Materials.

Chirantan “CJ” Desai, Chief Product Officer, ServiceNow, said a key goal of the virtual conclave was to inspire entrepreneurs to make the most of these stressful times, and help participants exchange ideas with mentors and luminaries in their field.

The conference also featured a series of Bootcamps, VC (Venture Capitalist) Connect, and Mentor Connect sessions, creating a complete entrepreneurial ecosystem. There was also a virtual expo for participating startups to showcase their products/services to a global audience, which featured interactive booths, live chats, and streaming facilities. The participants chatted and asked questions to the speaker.

TiEcon 2020 hosted several tracks, fireside chats, and panels focused on trending topics, including AI/ML, Security, Diversity & Inclusion, Cloud, Fintech and Health-Tech, with TiE50 awards and TiE Youth programs. The TiE50 awards recognized the top technology and technology-enabled startups.

TiE Silicon Valley, was said to be tracking more than 180,000 technology startups and directly engaging with 11,000+ of them globally by bringing together over 3000 influencers to benefit the startup community.

TiE, a not-for-profit organization was founded in 1992 to foster entrepreneurship globally through the 5 pillars: mentoring, networking, education, funding, and incubation.

TiE’s founding chapter, TiE Silicon Valley, is recognized for its intellectual capital and its flagship conference, TiEcon. (https://tie.org/)

Image courtesy of (Photo: TiEcon)

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