IIT Graduate Hired at Rs 100 crore Package but got Fired Within a Year

Highly qualified and skilled graduates from reputed institutions like Indian Institutes of Technology (IIT) have made India proud in the global tech arena. One such rising star from IIT Bombay who made headlines recently with a whopping salary package is former Twitter CEO, Parag Agarwal.

Parag Agarwal's initial salary package crossed the Rs 100 crore mark, including his base salary of Rs 8 crores and value-added restricted stock units worth around Rs 94 crore. However, his stint as a CEO was short-lived. Agarwal's promising career at Twitter came to an end when the company was sold to the world's richest man in a $44 billion deal. He was made redundant within a year of his appointment as CEO.

Born and brought up in a well-educated family, Agrawal completed his graduation from IIT Bombay in 2005. He then ventured off to the United States to pursue a PhD in computer science at Stanford University. Before joining Twitter in 2011, Agarwal had internships at Microsoft Research and Yahoo. His six-year tenure at Twitter led him to become the chief technology officer, succeeding Adam Messinger.Since leaving Twitter, Agarwal hasn't associated with any other company and identifies himself as the 'Former CEO at Twitter'. He is married to Vineeta Agarwala, a general partner at Andreessen Horowitz and is blessed with two children.

Parag Agarwal's journey delineates the depth and prowess of IIT graduates. Despite the unexpected twist in his career, he has set a high bar for future aspirants. The roller coaster ride of Agarwal's career indeed paints an inspiring picture for many.