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  • Keen On… Anand Rajaraman: How Walmart Wants To Leapfrog Over Amazon [TCTV]

    Andrew Keen

    Andrew Keen is an Anglo-American entrepreneur, writer, broadcaster and public speaker. He is the author of the international hit “Cult of the Amateur: How the Internet is Killing our Culture” which has been published in 17 different languages and was short-listed for the Higham’s Business Technology Book of the Year award. As a pioneering Silicon Valley based Internet entrepreneur,... → Learn More

    Thursday, March 1st, 2012



    Anand Rajaraman is one of Silicon Valley’s less well-known superstars. A successful serial entrepreneur, the Indian born, Stanford educated Rajaraman co-founded Junglee in 1996 which he later sold to Amazon for $250 million. After running Amazon’s technology strategy and inventing its Mechanical Turk crowdsourcing marketplace, Rajaraman then co-founded Cambrian Ventures before going on to found the web guide Kosmix which he sold to Walmart for an undisclosed sum last April.

    And now the multi-talented Rajaraman, who is still based in Mountain View, is the SVP at Walmart Global eCommerce as well as the guy in charge of the newly created collaboration network @WalmartLabs, So what, exactly, is Rajaraman trying to do at Walmart? I asked him, when he came into our San Francisco studio to talk to me about his new gig. Social and mobile are fundamentally changing the way we shop, the Walmart SVP explained. There is now a blurring of the lines between physical retailing and e-commerce as shoppers now have a single identity which ties together the online and brick-and-mortar experience. His job, Rajaraman explained, is to make both mobile and social integral to everything that Walmart is doing, both on and offline.

    As it says on @WalmartLabs Twitter page: Retail + Social + Mobile = @WalmartLabs

    The opportunity for Walmart, the ex-Amazon executive told me, is to “leapfrog” over Amazon and seize the leadership of the next generation retail experience. And if anyone can pull off this daunting feat, it’s Anand Rajaraman, an entrepreneur, investor and technologist who has been successfully reinventing online commerce since the mid Nineties.


    Company: Walmart
    Website: walmart.com
    Launch Date: 1962

    Wal-Mart’s overall impact on the retail industry and beyond has changed the way business is conducted globally, and increased consumer benefits regardless of where they shop. From raising tax revenues and lowering overall pricing on goods, to boosting customer traffic at surrounding stores and creating new jobs, Wal-Mart takes every opportunity to be a good neighbor and to provide economic advancements in communities it serves throughout the world.

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    Company: Kosmix
    Website: kosmix.com
    Launch Date: 2005
    Funding: $55M

    Kosmix is a guide to the Web. The site (www.kosmix.com) lets users explore the Web by topic, presenting a dashboard of relevant videos, photos, news, commentary, opinion, communities and links to related topics. Kosmix’s categorization engine organizes the Internet into magazine-style topic pages, enabling people to navigate the Web even if they don’t know exactly what they’re looking for. Headquartered in Mountain View, California, Kosmix was founded in 2005 by Venky Harinarayan and Anand Rajaraman. Harinarayan and Rajaraman...

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    Anand Rajaraman is Senior Vice President at Walmart Global eCommerce, where he heads up the newly created @WalmartLabs, which focuses on the intersection of social, mobile, and retail. Anand joined Walmart when when Walmart acquired Kosmix, the startup he co-founded. He also teaches a class on web-scale data mining at the Computer Science Department at Stanford University. In his VC avatar, Anand is a Founding Partner of Cambrian Ventures, an early-stage venture capital firm. Anand’s investments include Facebook (one of...

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