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| Gurbaksh Chahal: Founder of BlueLithium and ClickAgent |
By:
Bob Smith 
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Gurbaksh Chahal, more commonly known as “G” by his friends, is one of the youngest and most successful internet entrepreneurs of recent times. Chahal has created companies worth over $340 million by the age of 25.
On December of 1998, at the age of 16, he dropped out of Accel Middle College to start his first venture “ClickAgents”. ClickAgents was one of the first performance-based advertising networks in the industry. Two years later, on November 1st 2000, ValueClick announced it agreed to buy ClickAgents in a $40 million all-stock merger. Chahal had a three year non-compete with ValueClick. He was 18 years old at the time.
Gurbaksh launched his second company “BlueLithium”, a performance based as network in 2004. Currently, BlueLithium boasts of delivering more than 6 billion ad impressions to more than 60 percent of Internet users each month. "BlueLithium" was founded by Gurbaksh Chahal in on January 12, 2004. The company's office was set up office in San Jose, CA, and got investment from Walden Venture Capital and 3i. The company had 120 employees and its network focused on data, optimization, analytics and a pioneer of behavioral targeting. Under his leadership, BlueLithium was named one of the top 100 private companies in America three years in a row by Always On. BlueLithium was serving 100 million+ unique users and reached more than 60% of US internet users.
On September 4th 2007, Yahoo! announced that it had agreed to buy BlueLithium for $300 million in cash. Gurbaksh was CEO of the company through the transition period. Gurbaksh Chahal sold his first company “ClickAgents” for $40million and second company “BlueLithium” to Yahoo! for $300 million last year, and emerged as a rising media star.
After selling ad network BlueLithium to Yahoo!, founder and entrepreneurial guru “Gurbaksh Chahal” is rejoining the technology game with “gWallet”, a new ecommerce solution. GWallet is designed to help mitigate the financial burden of purchasing goods with an easy to use online platform that helps shoppers find the best deals on the Web.
Read more about “GURBAKSH CHAHAL’s” past, present and future plans at http://www.chahal.com |
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