During medical school, Vinay began exploring other entrepreneurial interests. When his grandfather’s steel galvanizing business took a hit, Vinay stepped in to help. Because their customer channel had been cut off by their main steel supplier, share values had dropped 70% – forcing Vinay and his grandfather to step back and come up with a competitive game plan.
Vinay dove into research and learned a great deal about intellectual property and trade secrets law. With this information in tow, they were able to file 7 patents (3 of which were accepted), as well as enlist legal help to protect client contacts. Although they ultimately had to sell the business to their former supplier, Vinay’s business-savvy allowed them to increase the sale value 2.3x to $85M.