BUSINESS
23-year-old Georgian student founds technological company in Boston
17 May, 2017
Archil Cheishvili, 23-year-old Georgian student, who lives in Boston, Massachusetts, has founded a technological company Palatine Analytics together with his friends.

He was the first ever Georgian guy at the Harvard University, who studied for the Bachelor’s degree.

‘When I was a child, I had a dream to change the world for the better. I knew I needed a good education to do that. Thanks to God, my family, my teachers and friends,
I found myself in Harvard University. When I first went to the University, I saw an inscription that said: ‘Enter to grow in wisdom’. That gave me more motivation to receive from the university as much as possible’, - Archil tells Businesspressnews.

In addition to studying in Harvard, Archil was the president of three student organizations, one of which was founded by himself. He was also a president of one of the oldest and largest student organizations, Harvard College Entrepreneurship Forum.

"I wanted to take the position of the leader from the first year. I decided to gather my friends around the idea I was interested in and to organize a student organization. I created a team in one week and set up an organization called "European Business Group". The organization is currently one of the premier European groups at Harvard. I was also one of the youngest presidents of the Entrepreneurs' organization in the history of the club", - Archil Cheishvili says.

After the completion of the third course, the young economist began working on the world's largest hedge fund "Bridgewater Associates". He was one of the youngest employees in the company and was investing in the stock market. Archil Cheishvili had already had experience in this field since he began investing in the stock market when he was just 14.
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"It was in 2007, when there was an economic boom in the world. That year my financial portfolio has seen a huge profit. However, in 2008, the financial crisis overshadowed this profit. The events of 2008 taught me that I should never be too self-confident. It is necessary to know what you do not know about the stock market from others.

You have to have independent opinions and try to share them with people who are smart", - Archil says.

At this stage, Archil is a co-founder and director of Palatine Analytics Technologies Company in Boston.

"I created this company with my friends from the university, the ones who were some of the most outstanding engineers in Harvard and had experience in working with Google and Facebook. Our company develops the artificial intelligence of the future generation that helps various company employees understand their strengths and weaknesses. My goal is to create a global technological company that will change people's lives for the better", - Archil says.

When talking about his achievements, Archil Cheishvili says that success is getting from life what you want and to do that, you have to set your goals.

"Objectives will give you direction where to go and what to do. In the course of all that, problems will arise. They cause pain, which is a signal that the limits are approaching. It is the most difficult thing to look at the reality and to understand what weaknesses you have. However, it is necessary because in order to eradicate weaknesses, first you need to recognize what weaknesses you have. Then we need to make the right diagnosis of problems. Then we need to plan on how to eliminate these problems. Finally, we will achieve success by fulfilling this plan", - Archil Cheishvili says.

By Tatia Akhvlediani


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