Did you know the AI industry is projected to contribute more than $15 trillion to the global economy by 2030? From detecting early signs of Alzheimer’s disease to finding innovative solutions for climate change and automation, artificial intelligence is reshaping the world in extraordinary ways. Yet, alongside these breakthroughs comes the growing concern of AI misuse, particularly around privacy, security, and ethics.
Amid this landscape, Value on Talks, a pioneering Palo Alto–based company, is on a mission to ensure AI becomes a force for good. Founded by visionary entrepreneur Ritesh Kumar, the company is at the forefront of developing responsible AI solutions that address some of society’s most pressing challenges.
Value on Talks has already achieved major recognition, including honors such as Best AI Startup, Startup of the Week, Top 25 AI Solutions Provider, the AI Excellence Award, and Best Use of AI by Audience Poll. Their innovations—like a hate speech filter and a behavioral trait analyzer for teenagers—are transforming lives, building safer communities, and fostering positive digital interactions.
As part of The 10 Most Influential Entrepreneurs of the Year 2024 edition, Tycoon Insights sat down with Ritesh Kumar to explore his entrepreneurial journey, leadership insights, and bold vision for the future of AI.
Tycoon Insights: How did Value on Talks begin?
Ritesh Kumar: Companies are born when ideas resonate deeply with people. For us, it started with a conversation about the harmful impact of hate speech on social media. My colleagues and I realized this was an urgent problem that needed an immediate solution. That shared passion became the seed of Value on Talks. Soon, like-minded people joined us, all driven by the common goal of creating AI that makes a real difference.
Tycoon Insights: How do you manage work-life balance?
Ritesh Kumar: To be honest, we don’t think of it as work versus life. Our mission is so close to our hearts that the two naturally blend together. Our team feels like a family, bound by a shared sense of purpose. It’s not about following a strict schedule but about focusing on what matters most at the moment—whether that’s supporting a colleague, serving our community, or pushing forward with innovation.
Tycoon Insights: How is your story of struggle unique compared to other CEOs?
Ritesh Kumar: I wouldn’t say my struggles are unique—struggle is part of every journey. What makes it meaningful is when the struggle is for a cause that truly matters. I was fortunate to have mentors who taught me that while challenges are inevitable, the sense of purpose behind them is what gives you strength and satisfaction.
Tycoon Insights: How do you stay ahead of market trends?
Ritesh Kumar: In a field as dynamic as AI, staying relevant is critical. We constantly monitor global tech developments, and having our tech team based in Israel gives us a unique edge. Israel’s startup ecosystem is ambitious, fast-moving, and trendsetting. This exposure helps us anticipate shifts and stay at the forefront of innovation.
Tycoon Insights: What role does R&D play in your growth?
Ritesh Kumar: R&D is our backbone. From the start, our work in AI has been deeply tied to research, and we see it as part of our DNA. It’s not just about keeping up—it’s about pushing boundaries, experimenting, and shaping the future. Without R&D, innovation simply wouldn’t be possible.
Tycoon Insights: Has the competitive landscape for CEOs changed?
Ritesh Kumar: Absolutely. It’s no longer just about competition; it’s about staying relevant. Technology evolves so quickly that CEOs must constantly adapt, innovate, and lead with agility. Relevance is the new benchmark for leadership.
Tycoon Insights: How important is employee satisfaction to you?
Ritesh Kumar: Very important. Employees do their best work when they feel happy, confident, and challenged in the right way. We’ve built a supportive environment with modern HR policies that reflect the energy of our young team. We set ambitious goals, but we also ensure that our employees feel respected and valued.
Tycoon Insights: Who are your role models?
Ritesh Kumar: I’ve had many mentors, but one who stands out is Bharat Vijay, who played a pivotal role in bringing Yahoo and later Amazon to India. His journey taught me the importance of staying humble regardless of success. That humility, combined with persistence, is something I try to carry with me and pass on to others. For younger entrepreneurs, my message is simple: stay grounded and believe deeply in your work.
Tycoon Insights: What are your views on CEOs and entrepreneurship?
Ritesh Kumar: Today, every CEO must also be an entrepreneur. Our job is to inspire our teams to think like entrepreneurs themselves—to innovate, take ownership, and lead within their roles. During tough times, my role often shifts to mentorship, helping my team navigate challenges while encouraging them to grow as leaders.
Tycoon Insights: What would you say to CEOs who give up on their dreams?
Ritesh Kumar: I believe, “Once a CEO, always a CEO.” Even if you move on from one idea, the entrepreneurial mindset stays with you. You’ll continue to think and act like a leader, no matter where you go. And as for motivation—social media is already full of quotes. What matters most is staying true to your vision and values.
Tycoon Insights: What does the future hold for Value on Talks?
Ritesh Kumar: We’re only scratching the surface. We aim to tackle bigger global challenges using AI and data analysis, expand internationally, and balance purpose with profitability. Our vision is to be recognized both as a socially responsible company and as a strong revenue generator.
Tycoon Insights: What achievements are you most proud of?
Ritesh Kumar: Being recognized as a Best AI Startup, AI Excellence Award winner, and more is encouraging. But what makes me truly proud is our work in addressing teenage depression through AI. Seeing the positive impact on hundreds of families reinforces why we do what we do.
Tycoon Insights: Any final message for our readers?
Ritesh Kumar: Tycoon Insights has a talent for discovering inspiring stories that truly resonate with entrepreneurs. I believe your readers will find not just motivation but also a sense of connection in these stories. Entrepreneurship can be a lonely journey, but platforms like this create bridges—linking aspiring entrepreneurs with mentors, guidance, and a sense of shared purpose.
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