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Corporate drama has lit up trading WhatsApp groups as investors with an appetite for the satori scripts watch TRG.
The Resource Group’s founder, the tech unicorn Zia Chishti, just won a battle to regain company control in court in Pakistan. Here is a simplified version of the long arc of this story.
Zia Chishti made a lot of money by inventing clear plastic braces whilst he was studying at Stanford University. The braces branded as Invisalign were cleared for sale a year after he founded what became Align Technology in 1997. By 2001, the company’s value had risen to one billion dollars, which in start-up terms is the definition of a unicorn.
Zia sold his share, however, and left all of this behind to conquer new worlds. He settled on forming a private equity company known as The Resource Group Pakistan (TRGP) in 2003, of which he became the founding CEO. At the same time, he made an international version of the company, TRG International Limited (TRGIL). This structure was put together by Zia with some partners.
