Based in San Francisco, gwallet is the next generation shopping destination for the online consumer. gwallet will help revolutionize the way consumers shop, transact, and interact with merchants. This will also be award-winning entrepreneur, Gurbaksh Chahal’s, third startup.
About the Founder
Gurbaksh brings over 10 years of management, leadership, and entrepreneurialism to gwallet. Today, he is considered to be one of the youngest and most successful Internet entrepreneurs. On December 1998, at the age of 16, Gurbaksh founded ClickAgents; one of the first online ad networks to focus on the needs of performance-based advertisers, rather than brand advertisers. He was the Chief business, sales, and strategic visionary behind the company. His strategic vision paid off. Just two years later, in November 2000, ValueClick agreed to buy ClickAgents for $40 million in stock. Chahal stayed with ValueClick for 18 months becoming the youngest executive of the multi-billion dollar NASDAQ-listed company.
In January 2004,at the end of his three-year non-compete agreement with ValueClick, he went on to found his second company. BlueLithium was the next generation ad network focusing on data, optimization, and analytics and was a pioneer of behavioral targeting. Under his leadership, BlueLithium was named one of the top 100 private companies in America three years in a row by AlwaysOn, and in 2006, received highest honor as Top Innovator of the Year. Previous winners of this award included Google, Skype, and Salesforce.com all multi-billion dollar companies. On September 4th 2007, Yahoo! announced that it was acquiring BlueLithium for $300 million in cash. The transaction closed on October 15th, 2007. Through his vision and leadership, at the age of 25, Chahal has now created companies worth over $340 million.
As one of the most experienced and successful CEOs in interactive marketing Gurbaksh is a sought-after speaker, featured at conferences including Red Herring, JP Morgan, Bear Stearns and Ad:Tech. He is also appeared on various media publications including: Entrepreneur, Wall Street Journal, Business 2.0, BusinessWeek, Forbes, New York Times, CNBC, NBC, and Fox Business Channel.