BUSINESS
Zoho founder Sridhar Vembu, in a recent post on 'X', pointed out a concerning trend among smart, well-educated Indian-Americans, particularly those whose parents work in engineering or technology, moving to high finance.
Zoho founder Sridhar Vembu, in a recent post on 'X', pointed out a concerning trend among smart, well-educated Indian-Americans, particularly those whose parents work in engineering or technology, moving to high finance.
He alarmed that a finance-driven economy would destroy society. "Smart Indian-American children, whose parents work in engineering or tech, are moving to High Finance", Vembu shared on 'X'.
Vembu further shared his own experience from year 1994, when he had completed his PhD from Princeton. A former engineer from Silicon Valley, who shifted his focus to finance, tried to pursuade him to join their quantitative analysis and trading team.
"This mirrors what smart Americans have done for well over a generation - when I got my PhD from Princeton in 1994, a former engineer from silicon valley, who moved to a Wall Street job, tried to persuade me to join their quantitative analysis and trading team and I instead took a lower paying job as an engineer at Qualcomm. I did not find the idea of making money on money appealing - probably my father's admonition from childhood", shared the Zoho founder.
Take a look at the post
Smart Indian-American children, whose parents work in engineering or tech, are moving to High Finance.
— Sridhar Vembu (@svembu) March 18, 2025
This mirrors what smart Americans have done for well over a generation - when I got my PhD from Princeton in 1994, a former engineer from silicon valley, who moved to a Wall…
"Recently I have noticed that smart well-educated Indians are gravitating to Finance. This is not good. We need to apply our talents to solve hard engineering and tech problems, hard urban and rural infrastructure problems, hard health care problems and so on", Vembu emphasised.
The Zoho founder further highlighted that a finance-driven economy would destroy society.
"Making money on money feels easy but a finance-driven economy would destroy society. This is ancient wisdom, and we must pay heed", he added.
Russian President Vladimir Putin announces Easter ceasefire for 'humanitarian reasons'
RR vs LSG: Vaibhav Suryavanshi came, saw and conquered! And fans can't keep calm, WATCH
Newlyweds in Uttar Pradesh get 'blue drum' as wedding gift, viral video shocks netizens! WATCH
Who is Nikku Madhusudhan? Astrophysicist who detected new exoplanet with possible evidence of life
Scientists claim to find never before seen colour, discovered by tricking human eyes, it’s called...
Viral video: Yuzvendra Chahal, RJ Mahvash spotted together again, rekindle dating rumours
Easter 2025: Five deliciously recipes for a memorable Sunday brunch
At least 64 people killed in Israeli attacks on Gaza since Friday morning
GT vs DC Highlights: Jos Buttler unbeaten 97 helps Gujarat Titans beat Delhi Capitals by 7 wickets
WrestleMania 41 live streaming: Where and when to watch WWE event live in India on TV, online?
Viral video: Man tells auto driver to 'speak Hindi' in Bengaluru, sparks backlash
Affected by mental exhaustion, self-doubt, 20-year-old woman kills self by jumping off roof in Delhi
PSL 2025: Hasan Ali creates history, becomes first bowler in world to achieve THIS feat
PhonePe changes name, becomes public entity ahead of IPO, targets valuation of Rs...
Who was Bhavesh Chandra Roy? Hindu leader abducted, beaten to death in Bangladesh's Dinajpur
Two factory workers stripped, given electric shock, nails pulled out by employer in Chhattisgarh
Canadian vlogger shares life-changing lessons from 5-week India trip, says 'be careful...'
Big blow to MS Dhoni in middle of IPL 2025 as CSK skipper set to face huge loss of money due to....
Rare triple planetary alignment to form 'smiley face' in sky! When and how to see it?
Earthquake of magnitude 5.8 jolts Afghanistan-Tajikistan border, tremors felt in Kashmir
Sex in prison? Italy opens its first-ever 'sex room' for inmates
Ravichandran Ashwin silences panelist during YouTube debate to stop talking about MS Dhoni
IIT Delhi quantifies skill in opinion trading through data and modeling
RCB captain Rajat Patidar surpasses Sachin Tendulkar to achieve this unique record in IPL, it is...
UP, Haryana to get new high-speed train, not Rapid Rail, Bullet Train, it is..., top speed to be...
RCB create unwanted IPL record with loss against Punjab Kings, become first team to...
India's neighboring country hits jackpot with huge natural gas and..., the country is...
Kedarnath and Badrinath temples set to reopen doors next month; Check dates here
Who was Harsimrat Randhawa, 21-year-old Indian student killed by stray bullet in Canada
JEE Main Session 2 Results out: Check list of toppers, and where and how to download your scorecard
Hindu community leader Bhabesh Chandra Roy kidnapped, beaten to death in Bangladesh
Leaked emails show Mark Zuckerberg is worried Facebook is no longer relevant, know reason inside
When Isha Ambani opened up about conceiving twins through IVF: 'Nobody should feel ashamed'