TiE SoCal: The Virsa story

TiE Monthly- The Virsa Story: An Entrepreneurial Journey

Wednesday, October 17th, 2007
6- 9 pm
UCI University Club , 801 East Peltason Dr, Library Room, Irvine , CA 92697
CM- Free, Members $30, Non Members $40, $10 will be added at the door
ONLY 10 Spaces Left!- Register Now

Event Overview:
Join us for an evening with industry visionaries Jasvir Gill and Kaval Kaur, founders of Virsa Systems Inc. Mr. Gill was the CEO and Ms. Kaur was CFO of Virsa. We willl hear their account of how they founded Virsa Systems, the leader in real-time compliance solutions and took it over to $100M in revenues before getting bought out by SAP in 2006 for over $400M. Its enterprise software solutions constitute the core of SAP’s offerings in the governance, risk and compliance market. Mr. Gill and Ms. Kaur recognized the need for fraud detection and prevention before Enron, Sarbanes-Oxley and government regulators riveted public attention to the prospect of CEOs going to jail. By shifting the risk management model from after-the-fact detection to real-time prevention, they captured the attention, admiration and patronage of corporate executives addressing the after-effects of Enron and WorldCom.

What major obstacles did the Virsa team face and how did they overcome them? What factors dictated the strategies for success? How did they manage the dynamics as business partners, marriage partners and parents?

We will also learn about their new venture, Startup Farms International, a startup incubator. Come, learn, and get energized to do your own startup!

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