Good Bad Billionaire NR Narayana Murthy: India's IT innovator
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Jan 30, 2024 Discover how NR Narayana Murthy became the father of India's IT boom, from his early life and founding of Infosys to their significant IPO and historic listing on Nasdaq. Explore his role in job creation, wealth distribution, and transforming Bangalore into a technology hub. Finally, delve into the evaluation of Murthy as a good billionaire, considering his contributions to India's economy while acknowledging the job losses. Stay tuned for the next episode on Warren Buffet!
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Murthy's Upbringing
- N.R. Narayana Murthy was born in Siddilaghatta, Karnataka, during the British Raj.
- His father, a schoolteacher, instilled in him the importance of public service.
A Printer, Not a Computer
- At university, Murthy's first encounter with a computer was actually a printer.
- A fellow student corrected his misconception, sparking his lifelong fascination with computers.
Parisian Transformation
- Murthy's time in Paris shifted his political views from socialism towards compassionate capitalism.
- He recognized the importance of wealth creation before distribution.