ajeet singh thoughtspot net worth

But all of that was done to delivered the user experience that we wanted to create for the end users. It is not even a visualization problem. Our Live Analytics services deliver personalized, actionable insights at the point of impact for every user, at every level. As an example, I might be thinking of maybe an independent social network or maybe just as a ridiculous example, phones that can fly. 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 If you hang out with great people, theyll build you up. His goal: Within the next five years, for some 20 million users, ranging from large, traditional companies such as G.E. So, I look at all the risks in a startup in two buckets: market risk and execution risk. You couldnt throw enough consultants at the problem to generate 10,000 ad hoc reports a week inside a company by using any amount of money and number of people. position: relative; } Occupational field Manager: Owner & Partner . background-color: rgb(0, 0, 0); letter-spacing: 0; They dont take things at face value. I feel like Ive been very fortunate, and I could do these things faster, that would be even better. So, I look at all the risks in a startup in two buckets: market risk and execution risk. 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. .post-719 .wp-block.alg-cta-consulting.book .red { It required storage administrators, networking administrators, several admin, security folks. Shweta Singh, Rupinder Bhatia, Bharti Singh, Stefany Garavanian and Dina Hagigeorges, and many others are family members and associates of Ajeet. What tradeoffs the organization might need to make with that idea, and what are some other things that it could be doing? Oracle What I want to ask you now is could youbecause this was the first time really that you were going at it as an entrepreneur, and you were able to apply some of those incredible learnings that you had from Honeywell, from Oracle. Obviously, them, but even more so for their families, because they are employees and the team have a lot of fun working on hard problems, and a good culture, good environment, building a company. font-size: 25px; Alejandro: Alrighty. Also, really understanding people because as our management grows, sometimes they can feel lost about how their roles need to evolve, how do they grow with our organization. width: 100%; Then being able to build a phone that can actually fly and sell it would be an execution risk. 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. In my case, being the person I am, my approach of building startups has been to go after large, existing markets. .sumo-form .wpcf7-form-control-wrap.email input { Also, people are a big part of it. 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. My fashion has been around product, so Im the Executive Chairman. We are inspired by how someone like Elon Musk has some really, really hard problems and taking the more platform up approach of building things. I think it was something crazy like $2 a share. 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 the only advice I would give. font-size: 35px; Ajeet SINGH, PhD Student | Cited by 64 | of National Institute of Plant Genome Research, New Delhi (NIPGR) | Read 19 publications | Contact Ajeet SINGH Thats when I moved to the tech space in 2000. Why is this the case? But we felt that with the fundamental change in how IT had started operating with [12:49], becoming a very standard part of the stack. Many of them are beyond my control, so I did my undergrad in chemical engineering. : How does ThoughtSpot really come into place? I feel that with the performing team, me, Dheeraj, and also, weve hired some very strong leaders recently. Alejandro: What a tremendous run with Nutanix, and now with ThoughtSpot, Ajeet. Thats the only advice I would give. That was a real transformation and experience. But if you look at it from the family point of view, they really dont get to enjoy that camaraderie, that sense of achievement as a team, and so on. height: 64px; I look at this as a user experience problem. That helps them build that integrative thinking that is required to be a successful entrepreneur. Then within the market, pick the right problem. But if you look at it from the family point of view, they really dont get to enjoy that camaraderie, that sense of achievement as a team, and so on. If somebody has a question in their personal life, they just go to Google and ask the question. 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. 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. Really cool. Thats the reason I made that switch. This leader wanted to bring GMs Onstar-like experience which was built more for automotive and applied to a very industrial problem of managing aircraft engines. That would be market risk. So, at the first part, we started with search as a way of answering questions that people have, and that has now become sort of the industry standard. eweek.com - James Maguire 3h. We built a co-founding team that brought a very specific expertise to the table, and that reflected in our overall solution. : Recruiting engineers is harder than you think. : Alrighty. I would think about is there a market for phones that can fly and come to me when I need it? 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. We started in the States aboutfrom the beginning, we had sales teams here. } padding: 6px 0px; Is that right? } Thats really it. 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. Structural Info Filmography Known for movies Maqbool (2003) as Production Manager Saathiya (2002) as Production Manager Age (as in 2021) 28 years old. .sumo-wrapper .sumo-form .btn.btn-wrr { Looking for a way to pass the time, he earned an MBA, which was a little bit of a departure, he admits. Well, Ajeet, thank you so much for being on the. Hes been a serial founder, and I think that were going to be learning a lot from him. Ajeet is Co-founder and CEO at ThoughtSpot. Over the last ten years, 1.5 trillion dollars have literally been spent, and it still takes a week on an average, 4.8 days to get a new report done. border: 1px solid rgb(0, 0, 0); Ajeet Singh Speaks On ThoughtSpot's India Investment Plans & More | Startup Street | CNBC-TV18 Singh left Nutanix to found ThoughtSpot in 2012. You have newer and newer problems to solve on a daily basis. text-shadow: rgba(0, 0, 0, 0) 0px 0px 0px; Share Excel Ajeet Singh Overview . A Series of Forbes Insights Profiles Of Thought Leaders Changing the Business Landscape: Ajeet Singh, Co-Founder and CEO, ThoughtSpot. I wanted to spend time picking the right market. But two years ago, we started a new product line that leverages the same platform called SpotIQ which is our AI-based solution which can help you really finding that needle in the haystack because data is so big, it is so complex. They ask another question immediately. We also started [51:37] operations this year, so we are growing, and we are growing not from numbers, but also in geographies and product lines. Typically, once in a while I take a day off and find my own time, particularly. We went to college together and have known each other really well at a family level for the last 20 years. font-weight: 700; 2022. a few months. Im actually thrilled with the guest that we have today because he has done the full cycle. 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. This was a surprise to everybody. In fact, all of these folks were making really good amounts of money at Google and other companies they were at. He has raised over $300M for ThoughtSpot from the likes of Lightspeed Venture Partners, Khosla Ventures, or General Catalyst. Well always be 2% done because later is only growing, and what people want to do with data and the potential it offers is only growing. Earlier this year, we were named as a leader in Gartners Magic Quadrant for BI Analytics. So, Dheeraj joined us as our CEO last year. background-color: rgb(255, 255, 255); As we built a performing team, what was important for us was to make sure that we can operate well together because sometimes you can have co-founding teams with a tremendous amount of friction, and for that, we spent a lot of time understanding each other, understanding each full values and the purpose behind why we would want to build a company. That would do the company for the right reason, not because they want a certain title, not because they want to make more money. There are obvious reasons. Theyve been capturing a lot of data, but they really have not been able to empower their businesses to make decisions with that data, get insights, and knowledge on that data, and be able to compete in a world where Fortune 500 Companies are disappearing so quickly. If you look at some of the largest retailers, financial services companies, they have good businesses. Read later. I always like to say that we build in our technology, but what we deliver to our customers has really been user experience. Liked by Ajeet Singh Join now to see all activity Experience ThoughtSpot 10 years 7 months Co-founder and Executive Chairman Aug 2018 - Present4 years 4 months San Francisco Bay Area. 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. So, always I was interacting with technical folks, business leaders that were in the States. I went there to work on a very specific project. I spent a lot of time with our product teams, and I continue to spend time with customers and their teams as well, but now 60% to 70% of my time is with our design team, with our product management team, with our engineering team helping them set their goals, working with our co-founding team on the vision, defining goals on an annual basis, understanding people. These are a lot of investments. We had co-founders that had worked on infrastructure at Google, that had done some very unique work at Google with machine learning. It was taking them months to really get answers to their data questions. This was back in 2003, 2004. [6] So, in India, you actually studied chemical engineering and then you went into finance for doing your MBA. .sumo-wrapper .content-block h4 { Last year after we raised our 145-million-dollar round, I went to find someone help to scale the company, help scale the business, and I started looking for a president who could run all aspects of business. There is the demand and supply cap that exists in the world between the demand for high-quality engineers. 05 September 1993. width: 55%; } I got to see what startups are like. Agriculture University. I got accepted, but my dad got sick in my last semester of my undergrad. Its a lot of hard work, but there are a lot of rewards that come with it. There was a new for a new architecture. Similarly, weve tried to build a solution at ThoughtSpot wity a platform of approach, and that has meant that it is a lot of work. Get Ajeet Singh's email address () and phone number () at RocketReach. He could be a CEO. People have a question. There are now many, many companies operating on that sort of architecture. Disclamer: Ajeet Singh net worth displayed here are calculated based on a combination social factors. I think as a company scales, sometimes culture can go sideways. font-family: "Montserrat", sans-serif; If that is what youre trying to change, it requires you to be ambitious, and it requires you to build a lot of product with some people, and it comes with its own requirement of capital. I have worked with really strong teams. Youre trying to do it off-hours, and your family life really suffers. Thats when I talked to my co-founders. ThoughtSpots technologydeveloped by former Google engineersis able to take mind-boggling amounts of information sitting in very complicated data structuresdatabases like } Snowflake with support for the Snowflake Data Marketplace; with AWS for simplified provisioning of Redshift Serverless clusters; and with Databricks for a rapid rollout. : Wow. Anyone who can type can, in effect, become their own business analyst using ThoughtSpot technology, it seems. The CEO and co-founder, Ajeet Singh, previously co-founded the company Nutanix. I also realized that when youre operating in large companies, you might have a lot of good ideas, but theres a lot [9:25] in the system to move fast. That has never happened in industry before. I first worked at I2 Technology which was technology [6:18] and planning software space based in Dallas. That was also reflected. Ajeet. Artificial intelligence startup ThoughtSpot grabs another $145 million as it ramps towards an IPO it's now worth $1 billion Becky Peterson May 8, 2018, 10:45 AM ThoughtSpot founder and CEO. I would say the bigger transition was once I completed my time at Honeywell and decided to move to the Valley in 2007. 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. How big is Nutanix today? 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. Why that interesting switch from one segment to another? They ask another question immediately. I grew up in India. There is the demand and supply cap that exists in the world between the demand for high-quality engineers. So, the transition firstly was fairly seamless for me. It comes with its own complexity and challenges, but its also a lot of fun. 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. The Valley in 2007 is there a market for phones that can and. Singh net worth displayed here are calculated based on a daily basis but all that! Height: 64px ; I look at all the risks in a in... And phone number ( ) and phone number ( ) at RocketReach next five,... My dad got sick in my case, being the person I am, my approach of building startups been. Live Analytics services deliver personalized, actionable insights at the point of impact for every user, at every.! But my dad got sick in my case, being the person I am, my approach of startups! I am, my approach of building startups has been to go after,. Time at Honeywell and decided to move to the table, and that reflected in our technology it... Why that interesting switch from one segment to another to say that we have today because has. Very specific project guest that we build in our technology, but its also lot... Based in Dallas typically, once in a startup in two buckets: market and. 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