The TiE Global Board of Trustees reelected Ashok Rao as its Chairman for a second two-year term starting January 1, 2011. Two years ago, Ashok replaced Arjun Malhotra who completed his two-year term as the Chairman during 2009-10. Ashok is the former President of TiE Houston and has served on the Global Board of Trustees since January 2009.
A successful serial entrepreneur, Ashok is currently on his fifth technology start up, as Chairman and CEO of Whodini Inc.- an enterprise software firm, developing cutting edge solutions for large enterprises, using state of the art artificial Intelligence, contextual search and sense-making. He was Chairman and co-founder of Opelin Inc, an on line data backup company, from 2004 till 2007, when it was sold to HP. He founded and served as CEO of Prime Wave Communications, a broadband wireless access technology company, from 2000-03. Ashok founded Trex Communications Corp. in December 1997 and grew it to $70 million in two years before selling it to L3 Communication in early 2000. Prior to that, Ashok was the President of the North American operations of Enron Corp. from 1996-97, growing revenues from $300 million to $2 billion during that time.
Ashok has worked for several years in the telecommunications world and founded Midcom Communications in 1990. He grew the company into the ninth-largest long-distance telephone carrier with $250 million in annual revenues, and then took it public in 1995. He was one of the first Indian-Americans to take a company public on NASDAQ.
After several years in the telecommunications world, Ashok gave fruition to his creative flair. Ashok is also the CEO of Excalibur Pictures and has produced four full-length Hollywood feature films. His first film, "My Bollywood Bride", was released worldwide in theaters in July 2007, which later had success as a DVD. His second, "The Whisperers" won awards for best picture in the thriller category and best edit in the overall category at the Worldfest International Film Festival in 2008. "Before the Rains", released in 2009 received a worldwide theatrical release, and won considerable critical acclaim. His fourth film -- a Sci-Fi/Horror thriller -- "The Lost Tribe", was very successful commercially and had major runs on the Sci-Fi channel, HBO and Starz. His latest film is a documentary, "A Pocket Full of Soul" www.pocketfullofsoulmovie.com on the history and impact of the harmonica on soul and blues music and will be released in 2013.
Ashok is on the board of the Jones Business School of Rice University, and was a Trustee at Franklin Pierce University from 2004-08. He has earned a BS in Mechanical Engineering from IIT Delhi, and an MS from Marquette University. He also has a Diploma in Financial Management from the London School of Economics. Ashok is a powerful public speaker, a witty comedian, a great moderator and an inspirational speaker on a wide gamut of topics. Ashok says, "I try to
live in the moment and be thankful for whatever I have been fortunate and lucky enough to achieve and receive."
On being reelected Chairman of TiE Global, Ashok says, "I am grateful for, and humbled by, the honor bestowed on me by my fellow Trustees. We have come a long way in the last two years, but there is much more still to be done. With the support of Chapter leadership, Charter members in 61 chapters, and my fellow Trustees, I will do all that I can to support and promote this noble cause of Helping Start-Ups start up. After all, TiE is all about fostering entrepreneurship, mentoring aspiring entrepreneurs, and providing global networking opportunities for all our members."
TiE is the world's largest non-profit organization focused on entrepreneurship. The TiE ecosystem comprises 13,000 members, with 2,500 of them being charter members by invitation - top entrepreneurs, CEOs, venture capitalists, and professionals in their chosen field. TiE has 61 Chapters in 17 countries, spread across five continents. All TiE Chapters operate independently and focus on serving their local region, while being affiliated to TiE Global.
TiE Global is a non-profit organization committed to promoting entrepreneurship globally through mentoring, networking and education. TiE, a global network of entrepreneurs and professionals, was founded in 1992 in Silicon Valley, California, USA, with roots in the Indus region. Dedicated to the virtuous cycle of wealth creation, and giving back to the community, the focus of TiE has always been to foster and nurture the next generation of entrepreneurs.
TiE endeavours to cultivate and nurture the ecosystem of entrepreneurship, seeing this to be the single most powerful instrument of economic development and prosperity. From the beginning, the TiE mission was fostered by the world leaders in commerce and academia who founded the organization. TiE Global continues to benefit today from the advice and guidance provided by successful entrepreneurs, top-tier executives and thought leaders from varied industries and geographies worldwide.
For further information about TiE Global, please contact Bridgett Comer at +1 408-567-0700 or visit www.tie.org.