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Showing posts with the label High Tech

Top Silicon Valley Incubator Y-Combinator Picks Pakistani-American as COO

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33-year-old Qasar Younis, a Lala Moosa born Harvard-educated Pakistani-American , is the new Chief Operating Officer of Y-Combinator, a spawning ground for emerging tech giants Dropbox, Airbnb, and Stripe in Silicon Valley, according to Fortune Magazine . Qasar Younis (Source: Linked-In) Younis was born on a farm in Lal Moosa, Gujarat, Pakistan. He was brought by his parents as a 6-year-old boy to the United States where his parents found work as blue collar workers in the auto industry in Detroit, Michigan. Younis' start-up TalkBin was offered a $7 million seed round by Y Combinator. However, it was acquired by Google in 2011 even before signing the seed-round term sheet. Younis joined the Google Maps team where he worked to bring local businesses onboard them. He stayed there for three and a half years. Y Combinator is set to graduate 222 startups, including Pakistani start-up Markhor, this year. There are currently 7000 startups vying for 106 spots in the program, acco...

Pakistan Technologist Seeks Support in Silicon Valley

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Umar Saif was invited by Organization of Pakistani-American Entrepreneurs (OPEN) to an event yesterday at the Palo Alto offices of Pillsbury Winthrop Shaw Pitman Law Firm  in Silicon Valley to talk about the state of technology in Pakistan. The event was appropriately titled: "Presenting Umar-The Force Behind Plan 09- Pakistan's Leading Incubator For Startups" Umar Saif is just 35 years old and his name is already synonymous with technology in Pakistan. He was named a Young Global Leader by the World Economic Forum in 2010, selected as one of top 35 young innovators in the world by MIT Technology Review in 2011 and received a Google faculty research award in 2011. Saif got his PhD in computer science from England's University of Cambridge at 22. Then he joined Massachusetts Institute of Technology to do post-doctoral research. He worked at the MIT Computer Science and Artificial Intelligence Laboratory where he was part of the core team that developed system t...

Silicon Valley's Pakistani-American Founder Makes it Big in Technology IPO

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NASDAQ IPO of Silicon Valley's cyber security firm Fire-eye has made its Pakistani-American founder Ashar Aziz worth $430 million at the market close on Friday, according an estimate by Forbes magazine . The high-tech company priced its initial public offering of 15.2 million shares at $20 per share late Thursday, raising about $304 million after increasing its expected price range to $15 to $17 per share. Shares of FEYE were trading up by more than 100% during the day before closing up $16 or 80% to $36.00 on the Nasdaq Friday. FEYE closed up another 4% to $37.45 on Monday. Aziz owns about 10.91 million shares in the Milipitas, Calif.-based security company; that 9.3% stake after the offering alone is now worth more than $392 million. Fireeye Founder and CTO Ashar Aziz FireEye, founded in 2004, has a virtualization engine which protects its customers' infrastructure from attacks that may come through the web and email. Its dynamic virtual cloud analyzes incoming ...

Is America Losing Its Edge?

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There is a huge difference between original breakthroughs and incremental improvements in science and technology and new applications. What often passes as innovation in China and India and other emerging nations almost always fits in the latter category. Examples of the former category include Gutenberg printing press, incandescent light bulb, internal combustion engine, radio, telephone, transistor, semiconductor chip, microprocessor, the computer operating systems and programming languages, the Internet, and the discovery of the DNA Helix. All of these original ideas have come from the West, most of them from the United States. It is healthy for Americans to be constantly looking over their shoulders to see how several emerging nations, including India and China, are making significant strides in trying to catch up with them. However, I believe a lot of the concerns today about the US losing its edge anytime soon are overblown, just like the concerns in the 1980s about Japan leavin...

High Tech Warfare of the 21st Century

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Unmanned Aerial Vehicles or Drones designed and manufactured in Pakistan have been making news since IDEAS 2008 event in November of last year. Also in the news has been the growing reliance on armed drones (aka predators) by Americans in Afghanistan and Pakistan's FATA region to target militants with increasing casualties. This post is an attempt to put these headlines in perspective for those interested in the 21st century high tech warfare. Back in 1970, the U.S. Army Gen. William Westmoreland is reported to have said: “On the battlefield of the future, enemy forces will be located, tracked and targeted almost instantaneously through the use of data links, computer-assisted intelligence and automated fire control. … I am confident the American people expect this country to take full advantage of its technology–to welcome and applaud the developments that will replace wherever possible the man with the machine.” Is this vision from the 1970s being realized today? The basic stra...