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Mitsuko Burandt QpNJ
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So he should thank Elon for that school…..
Lion Tweets
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When Elon Musk forcefully acquired Twitter (Now X) in 2022, the first thing he did was fire Parag Agarwal, the CEO of Twitter that time.
Well, under Parag, Twitter had touched revenues of $4.5 billion, a 18% solid increase year on year, and almost 50% increase in last two years.
But yeah, under Elon, performance doesn't matter it seems. He was asked to leave in 24 hours.
Silently, he gathered his strengths, nurtured a team and without any fanfare, launched an AI startup called Parallel Systems.
Within 6 months, it received $30 million funding from the Godfathers of Startups such as Khosla Ventures, First Round Capitals and more.
Last year, they launched Deep Research AI, which has outperformed even GPT 5 on strict benchmarks.
Last year, they received $100 million funding, at a valuation of $740 million.
After being fired by Elon Musk, Parag Agarwal has created a Rs 6000 crore company in less than three years.
Agarwals are known to be gutsy entrepreneurs, with a never say die attitude.
No wonder they rule Indian startup ecosystem, and with Parag's stunning success, they are now conquering Silicon Valley as well.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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