Vinod Gupta is an all-American business guru who is famous for the foundation of InfoUSA, its growth over 40-odd years, and then its sale for slightly less than one-half billion dollars – yes, $500 million!
Mr. Gupta is now the Managing General Partner of the Everest Group – a firm that manages investments in the form of buying both private and public shares in large to mid-size companies and even buying out their smaller counterparts in full. The companies that Gupta’s Everest Group specializes in are those that deal with information technology, more specifically digital databases of all sorts of information.
IdeaMensch was somehow able to capture the attention of Vinod Gupta, who agreed to sit down for an interview regarding his business prowess and what all happened throughout his lengthy career.
InfoUSA came out of this experience
When Mr. Gupta came to the United States of America, he went to college at the University of Nebraska at Lincoln for two degrees – one bachelor’s in engineering, then a master’s in business administration – after which he began working for the Commodore Corporation, a major player in mobile homes across the nation in the 1970s. See Related Link for more information.
Commodore Corporation asked then former marketing research analyst in Vinod Gupta to – somehow, someway – find all of the mobile home sellers across the United States of America and compile a list of their information, like name, address, phone number, and other basic information.
Gupta decided to take the list for himself, which included roughly ten thousand mobile home resellers, and then sell it to those mobile home dealers that he researched. Gupta’s idea worked quite well and formed the basis of InfoUSA.
Believe it or not, he got a loan for just $100 and used it to send out tons of mail using postage stamps – that mail went to mobile home dealers that netted him tens of thousands of dollars in return. Learn more about Vinod Gupta on Vinod Gupta: Indian-born American Businessman, Investor, and Philanthropist.