Then I talked to Dheeraj, and I felt that if I could bring him onboard, then it would be a growth opportunity for him if he wes the president there. padding: 15px 0px; For me, the idea of risk, it was definitely a bunch of financial risks, but for me, the key risk is always not doing something, and growing old and then looking back at my career and feeling that I didnt do what I really wanted to do. We went to college together and have known each other really well at a family level for the last 20 years. Search our database of over 100 million company and executive profiles. : What does it mean to be a product guy, Ajeet? Theyre all very smart people. How many co-founders did you guys have? Its very important to find that clear mental space where you can take a step back once in a while and look at the big picture, understand whats working and whats not working, and really have a fresh perspective on things. Why did you make that decision? At the end of the day, I dont really care about titles and stuff. They have also lived in Jamaica, NY. I got accepted, but my dad got sick in my last semester of my undergrad. So, my hope is that people will be go far; they will do great things, and they will also personally grow, and eventually go on to do bigger and better things. Job title Co-founder and Executive Chairman. Many people ask this question about the money Ajeet Singh makes from Twitter. Thats when I teamed up with Amit Prakash, my co-founder. The company is focused on making the world more fact-driven through a better decision engine. Then comes the notion of an idea or the solution. We built a co-founding team that brought a very specific expertise to the table, and that reflected in our overall solution. I think it was something crazy like $2 a share. 15. Oracle The time that I spent as an EIR at Lightspeed was to really evaluate various markets that might be available. That was again a process that took me almost seven or eight months to assemble the co-founding team. CEO Ajeet Singh declined to disclose the company's private valuation, but he said it is now worth over $1 billion.. You are responsible for convincing so many other people about the marriage of your ideas. Lets say someone is running HR application, they became heavily dependent on the storage admins to be able to get the resources they needed. Over the last 6 years, insiders at Nutanix Inc have traded over $345,359,289 worth of Nutanix Inc stock and bought 1,376,586 units worth $38,896,336 Alejandro: So, what were you doing there as an entrepreneur-in-residency in LightSpeed Ventures? The company successfully migrated to the cloud during the pandemic and is now valued at $4.2 billionwith revenue from its cloud products up 114% from last year and now comprising two-thirds of. Tesla first figured out how to take so many batteries and pack them so that the car doesnt become too hot. I wanted to spend time picking the right market. Ajeet Singh has built two multibillion-dollar technology companies from the ground up - ThoughtSpot and Nutanix. In terms of what I would do differently, I would accelerate whatever I have done even more. That was in some ways a necessary evil because it has taken a lot of effort to deliver on all of these products. I spend a lot of time communicating our core values, culture, putting in place systems and processes that help scale culture. padding: 11px 0px; Also, people are a big part of it. I got accepted, but my dad got sick in my last semester of my undergrad. So, in India, you actually studied chemical engineering and then you went into finance for doing your MBA. Ajeet Singh: It means a lot of things, but what it means to me is that what gives me goosebumps so to speak is building products or working with teams that build products that have never been built before, and products that users really love using. It was taking them months to really get answers to their data questions. Tell us how did the idea of Nutanixfor the listeners, so that they know this as well, I did interview one of your co-founders of Nutanix a few episodes ago, Mohit Aron, and he did go deep into the story. : They can find me on Twitter. Alejandro: In Aster Data, one of the things that you really were able to do was to get together again with your college dorm mate, which was Dheeraj Pandey. font-family: "Montserrat", sans-serif; Astra Data was built around the same time that [26:10] was getting started, was just incorporated at the time. In fact, originally, I really wanted to work at the intersection of chemical engineering and medical science and wanted to come to the states to be here. font-size: 25px; Get notification with the latest net worth updates for free. Gain insights into how companies can successfully navigate the transition from data-aware to truly data-driven with the rules of engagement for the new era. Taking into account various assets, Ajeet's net worth is greater than $250,000 - $499,999; and makes between $100 - 149,999 a year. Ajeet, I wanted to ask you, recently, I believe it was in August, you actually rearranged a little bit the corporate structure of the business, and you stepped it up as an Executive Chairman. He could be a CEO. : This was, like I was saying earlier, I always look at my career and made decisions so that I didnt have regrets as I grow in my career. See the complete profile on LinkedIn and discover Ajeet's connections and jobs at similar companies. : I love it. Now, when youre doing an enterprise company, oftentimes one challengein fact, these engineers dont appreciate the value of the problem youre trying to solve. Thats not the risk that I want to take, but when it comes to execution risk, I want it to be as high as possible because if you work on hard problems, one is you get to work with very smart and driven people. Alejandro: In Oracle and also in Aster Data Systems, which were the two companies before you went at it as an entrepreneur, you were doing product. On the other, I try to avoid certain kinds of risks very, very aggressively. We will do that, but at the same time every couple of years well also keep investing in newer and newer arts for our customers delivering a totally new value for them that was not possible before. Here you were testing ideas, evaluating ideas, and then all of the sudden, you land with ThoughtSpot. Ajeet's mailing address filed with the SEC is 1740 TECHNOLOGY DRIVE, SUITE 150, SAN JOSE, CA, 95110 . .alg-cta-consulting { The quality of people that we hired at Nutanix and the quality of people we recruited at ThoughtSpot, these are the best engineers, the best salespeople, the best marketing people that you can find by any stretch of imagination, and they could be somewhere else making a lot of money, having a lot of fun. Congrats Saqib, on starting your own entrepreneurial journey. They have a lot of customers. Ajeet, for the people that are listening, what is the best way to get in touch and say hi? Its the people that you hang out with. The second thing is that some of the best engineers are actually in consumer companies and consumer companies that have seen the kind of scale that Google and Facebook and LinkedIn and Amazon have seen. So, I wanted to get into things that are more completed; you can touch and feel them. They ask another question, and thats how you end up finding the right college for your kids that you want to focus on or maybe the right restaurant that you want to go to dinner with your family tonight. font-weight: 700; #left-area .entry-content .sumo-form p { Alejandro: Youre originally from India. As opposed to taking an existing car and just adding batteries to it, they took an approach of solving the core problem which is running batteries at scale. All these technologies to build a data center and operate it. I feel like from the outside it looks like Ive had some amount of success, but at the end of the day, if youre part of the journey, you also realize how little you have to do with it yourself and how much it is about people around you. Alejandro: Got it. We run the company as a very open book. Going back to what you were pointing to which is the design thinking when you were applying to the design thinking, can you remember one of those times where you were incredibly impressed or shocked with the impact that you had caused from the before to the after? Alejandro: Really cool. I believe the market cap is close to 8 billion. .sumo-wrapper .content-block .sumo-form { Literally, in two seconds., And if his ambition to have those 20 million users in 5 years pans out? I felt that I was very fortunate to be exposed to design thinking very early in my career before Steve Jobs showed the world what design can do with the iPad and iPhone and how these devices have fundamentally transformed how we live. Here, we have to give one answer. Lets say like one of those moments where youre looking back, and youre incredibly proud of one time where you guys really applied this methodology. Thats the reason I made that switch. It's actually a myth about how to make money on Facebook Ajeet Singh is the co-founder and Executive Chairman at ThoughtSpot, a company revolutionizing analytics with search and AI. I dont know anyone else in the world that has done that. I believe the market cap is close to 8 billion. Then the business user would have some feedback on it. Ajeet has also held business and technical roles at Oracle, where he was part of the team that first launched Oracle Database to the Amazon EC2 cloud. position: relative; Singh left Nutanix to found ThoughtSpot in 2012. That was a real transformation and experience. margin-bottom: 10px; I think that we will solve the minimization framework. ThoughtSpot's Ajeet Singh on Trends in Data Analytics | eWEEK. .sumo-wrapper .content-block .sumo-form { Alejandro: Really cool. Tell us how did the idea of Nutanixfor the listeners, so that they know this as well, I did interview one of your co-founders of Nutanix a few episodes ago, Mohit Aron, and he did go deep into the story. Co-founder Ajeet Singh talks about launching ThoughtSpot's third R&D center in India, offerings, acquisitions and business growth.#thoughtspot #startupspace #businessnews #businessnewstoday # . Its not just that you can stick a business model with no applications for the product. It has turned out really, really well for us. We said why cant you be as simple as using Google search. font-size: 13px; That is one insight where building a deep empathy for the users reflected definitely into the solution and architecture of the technology that we came up with. Lets say someone is running HR application, they became heavily dependent on the storage admins to be able to get the resources they needed. .sumo-wrapper .content-block { It was not a product that customers came to us and said, Go build this for us. We had the solution. For that, we took a very design-first approach. Thank you for having me on the show. Prior to Nutanix, Ajeet learned the ropes of enterprise technology startups as the Senior Director of Product Management at Aster Data, later acquired by Teradata for $300M. Not saying we are done with the product and now lets just go hire a great sales team and sell a lot of product. font-size: 11px; We felt that how people are managing their data centers have become very complex and costly. Thats when I talked to my co-founders. So, we had to deliver extremely fast performance, and we wanted to build something that would be very elastic, very crowd-friendly, and we have been letting our cluster-management capabilities that allows us to scale on demand as user data grows, for users on our platform it has to be an elastic architecture. Then it takes sometimes weeks and, in some cases, I talked to a bunch of customers. So, I feel like we have a great team and a great set of investors that are extremely supportive of our ambitions and vision that we have at ThoughtSpot, and that has really born true. But if you need to build search that can understand your sales friends, that can understand your customer retention friends, and answer your questions instantly, but beat the size about the builders, unlike Google that can give you 20 subtitles on the first web page and you have to pick the right answer. Organizations around the world use Nutanix software to leverage a single platform to manage any app at any location at any scale for their private, hybrid and multi-cloud environments. Why that interesting switch from one segment to another? Then I worked with Honeywell. Ajeet Singh: Solo off sites. Going to Honeywell was a very interesting inflection point in my career. The last round was about a year ago. All our business models became quite focused on global 5,000 organizations. This was a surprise to everybody. : In this case, Ajeet, as a follow-up here what does it look like as an Executive Chairman that is effective and successful in his or her role. View Ajeet Singh's profile on LinkedIn, the world's largest professional community. That was also reflected. cc ThoughtSpot. } We said why cant you be as simple as using Google search. We found 15 records for Ajeet Singh in NY, IL and 7 other states. Sometimes, I succeed. Also, people are a big part of it.

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