Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.
12,086.70114.9
Stock Analysis, IPO, Mutual Funds, Bonds & More

SoftBank bets on ex-LinkedIn executive Deep Nishar's connections in 'Silicon Valley' to counter shrinking market

SoftBank has tapped Nishar for his deep connections in 'The Silicon Valley' at a time when the Japanese firm faces a shrinking domestic market.

, ET Bureau|
Updated: Jul 02, 2015, 04.48 AM IST
0Comments
SoftBank has tapped Nishar for his deep connections in 'The Silicon Valley' at a time when the Japanese firm faces a shrinking domestic market.
SoftBank has tapped Nishar for his deep connections in 'The Silicon Valley' at a time when the Japanese firm faces a shrinking domestic market.
BENGALURU: Many people in the technology world know Deep Nishar for his integral role in making LinkedIn what it is today. Nishar, who was head of products at Linkedin, has grown the professional networking-website’s user base from about 30 million in 2009 to more than 340 million now.

Now, SoftBank has tapped Nishar for his deep connections in the world’s largest technology hub — The Silicon Valley — at a time when the Japanese firm faces a shrinking domestic market and is looking to branch out globally with unwasted urgency.

“He is really someone who knows the entire value chain on advertising, content, commerce and has a holistic understanding of the space,” said Piyush Shah, chief product officer at InMobi. Nishar was an adviser to SoftBank-funded InMobi in 2013-14. “He has a simple approach to problem solving and cutting out the noise,” said Shah.

Which is probably why Japan’s telecom and Internet major has put its faith in the man who also played a vital role in rolling out several global mobile initiatives for Google during his stint at the company. “Linkedin is a clear reflection of elegant design and product focus. Deep comes with the latest technology experience and is a good addition to SoftBank,” said Srikanth Nadhamuni, CEO and cofounder, Khosla Labs.

What is not widely known about Nishar, according to people who know him closely, is his savviness as an investor in early-stage startups. Over the past decade, Nishar has displayed an uncanny knack of betting on promising Internet-age startups such as Valley-based automated affiliate linking firm VigLink.

Nishar’s appointment at Soft-Bank comes at a crucial juncture for the Japanese telecom firm, known for its large acquisitive bets on new-age Internet firms.

SoftBank is vying with a number of rival venture capital firms globally to get a slice of the Indian internet and ecommerce market — widely regarded as the world’s last big remaining mobile and internet frontier. Nishar’s mandate at SoftBank will involve India in a large way — during his stint at Google, he was vocal about his ambitions of helping make India one of the world’s leading destinations for technology investors.

“He is a big proponent for India,” said Alok Goel, ex-CEO of Freecharge and a former Googler who has worked with Nishar. “I distinctly remember that the Bangalore Google office was flourishing he was there,” said Goel.

Nishar comes across as a nononsense guy who pays much attention to detail.

Also Read

'Tata Group, LinkedIn among firms adopting neuro research marketing'

LinkedIn launches ‘Open for Business’ feature globally for SMEs

How these LinkedIn influencers are shaping careers

LinkedIn to migrate workload to Microsoft Azure

Help wanted at the royal household: Queen Elizabeth seeks social media director on LinkedIn

Comments
Add Your Comments
Commenting feature is disabled in your country/region.
Download The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.

Other useful Links


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service