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"The biggest satisfaction is that Hotmail is now well integrated into the core of the Microsoft Network. What was his biggest satisfaction and disappointment at Microsoft? "I did not really agonise on the decision to start a new venture as the e-commerce space is really exploding with creative ideas and tremendous opportunities." Was it a difficult decision to leave Microsoft? He left Microsoft partly because he thought it was not fair to think of the new project on Microsoft's time.Ī file photo of Bhatia in Bombay boutique There are a number of technological, marketing and branding challenges that will have to be overcome for this new venture to become successful," he says. "I am hoping that our new products are ready for primetime by the end of this year. It is this passion to innovate coupled with the rush and excitement that I get from creating new companies from scratch that have caused me to take yet another plunge into the exciting world of entrepreneurship." I still have a burning desire and passion to challenge the way things are done and innovate in areas where I find opportunity. "Also I did not want to be embarrassed by the Silicon Valley cliché 'What have you done for me lately?' Hotmail is still my greatest achievement to date," he continues, "But I am not the kind of person to sit back and rest on my laurels. Though he is proud of the performance of Hotmail under Bill Gates' regime, Bhatia says he felt the insatiable urge to do something uniquely his own. Microsoft is not a "two-person company", Bhatia adds. He is excited to talk about his new venture, though he does not want to divulge many details, and about his satisfaction and frustration at Microsoft?
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"People go elsewhere and we hate to see that, but we try very hard to keep people challenged and keep them here," says Tom Pilla, a Microsoft spokesman.įor Bhatia, clearly there are not enough challenges at Microsoft. Microsoft has sought to minimise the impact of Bhatia's departure, claiming the parting was amicable. And since then Microsoft stock more than doubled, his holdings are worth substantially more today. At the end of 1997, he sold his company for about $390 million in Microsoft stock and kept more than $75 million of that. Not that Bhatia is phoning up his friends or family for investment.
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Right now he has just a "small office in Fremont (in California) and a scratch pad." But soon he would stun the industry by selling his start-up company, one of the most visible success stories in America, to Bill Gates.Īfter overseeing the merger of his company with Microsoft's online network about a year ago, Bhatia became the new general manager of strategic business development for MSN.com.
JACK SMITH HOTMAIL FREE
The raw idea he had for a free email company led to the foundation of Hotmail over four years ago. "There's a lot of potential and excitement in the e-commerce space," he says. He will only reveal this much: Along with a few friends from Stanford University, where he earned a masters degree in electrical engineering, he is working on a plan for an e-commerce company. There's no firm idea for a company yet, Bhatia says. Rediff On The Net, Infotech: Why did Bhatia walk away from Bill Gates?Ī little more than a year after he sold his company Hotmail to Bill Gates' Microsoft Corporation, 30-year old Sabeer Bhatia has said goodbye to Gates to start yet another company.