Dyslexia mode Summary: Trust comes in many forms and with many questions. 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. : My life has been full of a lot of wonderful, I would say, accidents. Ajeet Singh: Entrepreneur in residence is a very interestingits not really a formal role so to speak, so I was still working at Nutanix, and then evaluating opportunities. 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. Its a lot of hard work, but there are a lot of rewards that come with it. font-size: 28px; 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. .sumo-wrapper .content-block { They have a lot of customers. Applications Big Data and Analytics I spoke with Ajeet Singh, Co-Founder and Executive Chairman at ThoughtSpot, about how companies can get more from . border: 0; At the end of the day, I dont really care about titles and stuff. Astra Data was a very respected startup in 2007, one of the early data companies co-founded by some really good computer scientists from Stanford, funded by some of the top VCs here. View FREE Public Profile & Reputation for Ajeet Singh in Saratoga, CA - See Court Records | Photos | Address, Email & Phone Number | Personal Review | $90 - $99,999 Income & Net Worth Alejandro: Wow. One of them, I remember was maybe 17 or 20 meetings that I had to do with them to really convince them that ThoughtSpot was the right thing for them. If youre working on a social network and they can immediately have a point of view on that, but if youre trying to solve an analytic problem for enterprises, not only do you have to convince them about the quality of work they will be doing, but also you have to spend a lot of time in educating them on the market, the problem that exists, the value of the problem, the problem youre trying to solve, etc. I dont want to spend several years of my life and other peoples lives going after markets that need to still evolve, that do not exist today and betting on there being a market in the future. Read the complete interview transcript of the interview with the co-founder of ThoughtSpot here: http://www.cleverism.com/thoughtspot-interview-co-founder-ce. The last decade of industry has focused on a complete company like Tablo, Flickr, and Microsoft Power BI, you can build a lot of very nice-looking dashboards, but as soon as the first new question comes, these dashboards are very fragile. More .sumo-form .wpcf7-form-control-wrap.email input { How big is Nutanix today? But all of that was done to delivered the user experience that we wanted to create for the end users. Sometimes I would even stay in a hotel, stay all night and spend the next day just thinking about stuff. 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. How did you and Dheeraj really build, or I would say incubate this idea, and how did the co-founding team come together for Nutanix? That was also reflected. So, what a ride. Load more stories. 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. .sumo-wrapper .content-block .sumo-form { If you look at some of the largest retailers, financial services companies, they have good businesses. You are responsible for convincing so many other people about the marriage of your ideas. padding: 8px 5px; : In terms of market, data has been a very large market. We found 15 records for Ajeet Singh in NY, IL and 7 other states. : Yeah. Check out Ajeet Singh on CNBC with Brian Sullivan talking about the relationship between Big Data and AI, how companies can actually make an impact with AI, and what the future holds ThoughtSpot Inc. has hired Nutanix Inc.'s president as its new CEO. : Alrighty. We had to build an embedded CI and visualization engine that worked hand-in-hand with the search engine and can present the right charts for the users. The most recent stock trade was executed by Rajiv Ramaswami on 20 September 2022, trading 5,000 units of NTNX stock currently worth $114,500. : I love it. In my role as an Exec Chairman, depending on the persons background, they can focus on the different aspects of the business. 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. Alejandro: Alrighty. : Yeah. I really believed that in any large market if people have been doing things a certain way for more than a decade, theres more than a likely chance that you can be a tremendous value by looking at the whole problem space just from the ground up. : In terms of how we applied the design thinking? Theyre trying to understand what kind of shoes they are promoting on their e-commerce website. So, always I was interacting with technical folks, business leaders that were in the States. Once we had launched our product at Nutanix in the market, and the product had started doing well, I was running Marketing and Product Management at the time. This was back in 2003, 2004. I have worked with really strong teams. So, Dheeraj joined us as our CEO last year. If youre working on a social network and they can immediately have a point of view on that, but if youre trying to solve an analytic problem for enterprises, not only do you have to convince them about the quality of work they will be doing, but also you have to spend a lot of time in educating them on the market, the problem that exists, the value of the problem, the problem youre trying to solve, etc. Snowflake with support for the Snowflake Data Marketplace; with AWS for simplified provisioning of Redshift Serverless clusters; and with Databricks for a rapid rollout. If somebody has a question in their personal life, they just go to Google and ask the question. What are the typical demographics they come from? This was a surprise to everybody. 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. Prior to starting ThoughtSpot, Ajeet was Co-founder and Chief Products Officer at Nutanix, an IPO-worthy company that's revolutionizing the enterprise data Personal Investments Number of Investments 2 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. I got to work with some really, really smart people at Oracle. } If youre traveling, youre spending a lot of time meeting customers or their team. Its a really a joy to use their product. So, the transition firstly was fairly seamless for me. Then within the market, pick the right problem. .sumo-wrapper .content-block h3 { So, we try to incorporate the mentality of not resting on our laurels. But under the hood we are actually a huge number-crunching machine.. 1. Driven by his passion for creation, Ajeet has built two multibillion-dollar technology companies from the ground up - ThoughtSpot and Nutanix. background-color: rgb(255, 255, 255); My son was born the same week that we started Nutanix. People independent of their specific function and role, they get to see a lot of stuff that is happening in the company. What tradeoffs the organization might need to make with that idea, and what are some other things that it could be doing? I believe the market cap is close to 8 billion. I joined Oracle. 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. So, I look at all the risks in a startup in two buckets: market risk and execution risk. 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. . We were very deliberate about the fact that we wanted to do a company and then spend time. Then we spent a bunch of time looking at different opportunities, different markets, and picked the market of storage because we felt that it was a huge space with a lot of big players, companies like EMC were very dominant at the time. That was again a process that took me almost seven or eight months to assemble the co-founding team. Opinions expressed by Forbes Contributors are their own. I talked with board members, and Robbie was kind enough to offer me an opportunity to be an EIR and incubate my next company, ThoughtSpot. They can find me on LinkedIn connect or just drop me an email, [emailprotected]. Normally the ad cost for an Instagram ad post is based on the number of followers on the account. : Thank you so much, Alejandro, for having me. hyperconverged infrastructure) by bringing Google-like data center software to the enterprises. Read later. 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. } Dheeraj and I work together at Nutanix. I look at data not as really a technology problem, but I look at this as a user experience problem. AjeetSingh has built two multibillion-dollar technology companies from the ground up ThoughtSpot and Nutanix. Should it be more size 10 or size 8, or blue color or red color? Ajeet Singh: This would be what I would give to my younger self, and its what I tell my kids, its to hang out with the great people. Theyre all very smart people. Way back if you look at the life of a storage admin, they really didnt have a life because they were operating some very mission-critical systems, and every time you have to fax them, upgrade them, youre trying to do it on a weekend. position: relative; margin: 25px 0 0; You thought through the impact on customers. : Ajeet, for example, for ThoughtSpot what ended up becoming the business model? Many people ask this question about the money Ajeet Singh makes from Twitter. So, I have a very supporting wife, and thanks to her, Ive been able to be an entrepreneur. I would say end-to-end, its roughly about a year that we spent in picking the right market at both companies and understanding the problems that plagued these markets very, very deeply.
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