Astra Data was built around the same time that [26:10] was getting started, was just incorporated at the time. My co-founder and CTO, Amit, was working on machine learning and AI. : They can find me on Twitter. Many people ask about the amount of money Ajeet Singh makes from Instagram. Astra Data was built around the same time that [26:10] was getting started, was just incorporated at the time. I wanted to spend time picking the right market. You have newer and newer problems to solve on a daily basis. Load more stories. Is Ajeet Singh's ThoughtSpot The Next Google For Numbers? Ajeet Singh: Yeah. .sumo-wrapper .content-block { Ajeet and I spoke. I first worked at I2 Technology which was technology [6:18] and planning software space based in Dallas. border-style: solid; This was back in 2003, 2004. So, my advice to everyone, my younger self, or other young people that I interact with this is find the best people they can find, and hang out with them, and be part of teams that are great. Ajeet Singh, Co-Founder and Executive Chairman at ThoughtSpot, details how companies can get more from their analytics practice, and forecasts future trends in data analytics. Many of them are beyond my control, so I did my undergrad in chemical engineering. I found that to be a really good exercise. I think as a company scales, sometimes culture can go sideways. : I love it. How many co-founders did you guys have? In large corporations, he says, only the top of the pyramid inside the company is able to get information., But ThoughtSpot is democratizing the search process. There was a very forward-thinking product leader who wanted to bring a consumer-like experience to aerospace industries, specifically to enable remote monitoring of building jet engines so that if theres any air traffic operator, and they might have hundreds of planes that are flying around the world, they want to be able to monitor. Weve raised a good amount of capital in terms of how weve used it. font-size: 38px; So, we said we should really simplify this whole thing, and that would make an impact on these peoples lives. A user types in her questions in the ThoughtSpot search enginelets say a food executive is curious about her tuna sales on the East Coastand the system searches rows of data from any source, from social media conversations to inventory sales to in-store turnover, and gins up a report in a few minutes that comes through as a pie or line chart, something the searcher can easily digest. He soon started a career in management consulting, which he disliked: It was too fluffy for me, Singh says. He was able to make a killing with that. Ajeet Singh - Saratoga, CA - Reputation & Contact Details Ajeet Singh has built two multibillion-dollar technology companies from the ground up - ThoughtSpot and Nutanix. 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. And you guys are over a billion already in terms of evaluation, so obviously, the market is really valuing what you guys have done, and also in such a short period of time which is fantastic. Here, we have to give one answer. It received startup funding on June 1, 2012, in the amount of $10.7 million for Series A funding. Great people that are really good at what they do, but theyre also good people that have the right goals in life. If youre traveling, youre spending a lot of time meeting customers or their team. How big is ThoughtSpot today? I switched to product management in the technology space. } Many people ask this question about the money Ajeet Singh makes from Twitter. So, transition from India to the U.S. was I would say fairly seamless for me because even when I was in India, I was working with companies that were headquartered in the U.S. I feel that with the performing team, me, Dheeraj, and also, weve hired some very strong leaders recently. 05 September 1993. Saqib has a deep CIO network and was very helpful to us at ThoughtSpot from the early days. : Yeah. There was a new for a new architecture. 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. Follow this author to stay notified about their latest stories. I think it was something crazy like $2 a share. 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 Find Ajeet Singh's accurate email address in Adapt.io. Not saying we are done with the product and now lets just go hire a great sales team and sell a lot of product. Here you were testing ideas, evaluating ideas, and then all of the sudden, you land with ThoughtSpot. Ajeet, for the people that are listening, what is the best way to get in touch and say hi? The last round was about a year ago. 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. .post-719 .wp-block.alg-cta-consulting.book .red { #left-area .entry-content .sumo-form p { 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. Ajeet Singh Net Worth : Thank you, Alejandro. border: 0; Ajeet Singh: We wanted to solve this problem of data access where business users need to answer questions because theyre on the frontlines. Ajeet Singh: I dont know. Live Analytics for your modern data stack, Search to find and create insights in seconds, Build personalized and engaging data apps, Get one-click AI-driven analysis to get to the why faster, Keep a finger on the pulse ofyour business with Liveboards, Balance self-service with enterprise-scale control, Live-query your cloud data in just a few clicks, Accelerate use case deployment with pre-built apps, Make your data intuitive for Live Analytics, Stay up to date with the latest product news and releases, Push cloud data insights to business apps. ThoughtSpot | Interview with its Co-Founder & CEO - Ajeet Singh .sumo-form .wpcf7-form-control-wrap.email input { Then being able to build a phone that can actually fly and sell it would be an execution risk. Ajeet SINGH | PhD Student | MSc Biotechnology | National Institute of Theyre trying to understand what kind of shoes they are promoting on their e-commerce website. The whole inspiration I would say for ThoughtSpot came from the time I had spent at Astra Data which one of the early big data companies as I was saying earlier. They go to Google. From what I know, that is the most downloaded data document across all their properties. These are a lot of investments. More Active Redwood City, CA President for Thoughtspot, Inc. Overview. Applications Big Data and Analytics I spoke with Ajeet Singh, Co-Founder and Executive Chairman at ThoughtSpot, about how companies can get more from . 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. Thats been true for both the companies Nutanix and ThoughtSpot. Remember to unlock for free the pitch deck template that is being used by founders around the world to raise millions below. I think that it is our responsibility as entrepreneurs to make sure that recruiting people with a deep sense of obligation towards them and their families. 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. Similarly, with the systems becoming more virtualized, you had people that wanted to manage applications. This kind of change can sometimes be difficult to make, but because I knew Dheeraj from before, I was really confident that we could work well together. Thats the reason I made that switch. float: left; Alejandro: Wow. To deliver that user experience, we had to imagine a new kind of search engine that was built for numbers. AjeetSingh has built two multibillion-dollar technology companies from the ground up ThoughtSpot and Nutanix. For that, we took a very design-first approach. 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. Thats how I grew up in the technology industry. Thats when I moved to the tech space in 2000. All our business models became quite focused on global 5,000 organizations. This is where I would say I had an eye-opening experience because everybody here was so excited about building new things. Unlike standard visualization and dashboarding tools that can have the spinner that can go on for minutes sometimes. They will look very different from what we see today. From inception, it took us six years to land in the Leaders Quadrant. } Its been a pleasure. } His goal: Within the next five years, for some 20 million users, ranging from large, traditional companies such as G.E. Ajeet Singh: 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. I look at data not as really a technology problem, but I look at this as a user experience problem. : So, what were you doing there as an entrepreneur-in-residency in LightSpeed Ventures? Alejandro: Absolutely. We said why cant you be as simple as using Google search. In a large company, that is maybe a small probability that ideas whether good or bad will be liked, but in a startup, theres a lot more responsibility. Also, people are a big part of it. 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. Tesla first figured out how to take so many batteries and pack them so that the car doesnt become too hot. } Sudheesh Nair joins ThoughtSpot about three months after the Palo Alto enterprise search business raised $145 million in a. : Recruiting engineers is harder than you think. padding-bottom: 4px; But Singh looked at it all this way: I said, You know, whats the worst that can happen? We focused on the space, raised money, and started building a product and a company. : In terms of how we applied the design thinking? Ajeet Singh: Thank you, Alejandro. So he switched to technology. So, I would say it was an unusually large performing team, but it was built for purpose. There is the demand and supply cap that exists in the world between the demand for high-quality engineers. Even with [26:36] technologies like Tablo, Flickr, or RBI, you needed an analyst to really understand the business question, try to come up with the right dashboard, right chart, right visualization, show it to the business user. This is where I would say I had an eye-opening experience because everybody here was so excited about building new things. We felt that how people are managing their data centers have become very complex and costly. display: block; Ajeet is based out of Cupertino, California, United States and works in the Computer Software industry. I want them to do really, really well after they leave, and I want to make sure while theyre with us, were adding the most value to them. font-weight: 400; So, it takes an extra effort to recruit some really high-quality engineers out of companies like Google and Facebook into an enterprise company. I feel like Ive been very fortunate, and I could do these things faster, that would be even better. font-size: 25px; Ajeet Singh's email address a******@thoughtspot.com 408216.. | Show email & phone number >>> We did 145 million dollars in our Series D. : Like I was saying earlier, ThoughtSpot is perhaps the most ambitious stake on data, and its a huge market, a huge problem, and we want to solve it the right way. margin: 10px 0 0; I would say the bigger transition was once I completed my time at Honeywell and decided to move to the Valley in 2007. There was a very forward-thinking product leader who wanted to bring a consumer-like experience to aerospace industries, specifically to enable remote monitoring of building jet engines so that if theres any air traffic operator, and they might have hundreds of planes that are flying around the world, they want to be able to monitor. So, the transition firstly was fairly seamless for me. I want them to do really, really well after they leave, and I want to make sure while theyre with us, were adding the most value to them. Must Read: Rohit Paranjpe On Raising $80 Million To Connect Billions With Digital Content. They have to go to multiple vendors, Cisco and EMC. Well, Ajeet, thank you so much for being on the DealMakers show today. There are now many, many companies operating on that sort of architecture. Lets say someone is running HR application, they became heavily dependent on the storage admins to be able to get the resources they needed. 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. But his fathers health took a bad turn and Singh ended up staying close to home. Disclamer: Ajeet Singh net worth displayed here are calculated based on a combination social factors. Ajeet Singh Speaks On ThoughtSpot's India Investment Plans & More Alejandro: How does ThoughtSpot really come into place? They look at [27:41] based on that data. Seeing all this growth in multiple dimensions. Here, we have to give one answer. 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 ask another question immediately. : How does ThoughtSpot really come into place? I felt that I can actually expand my horizons and see if I can run a full company. They look at [27:41] based on that data. ThoughtSpot CEO: Problem with big data isn't visualization, it's - CNBC Weve raised a good amount of capital in terms of how weve used it. Get a custom action plan and all the help that you need to start raising more capital. 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 Ajeet Singh - ThoughtSpot ThoughtSpot, a technology company that produces business intelligence analytics search software, announced the opening of a new office in Trivandrum, the com. I feel that with the performing team, me, Dheeraj, and also, weve hired some very strong leaders recently. [9] In 2014, the company raised $30 million in Series B funding led by Khosla Ventures. Typically, once in a while I take a day off and find my own time, particularly. It required storage administrators, networking administrators, several admin, security folks. Ajeet Singh - Address & Phone Number | Whitepages Ajeet Singh on LinkedIn: Ajeet Singh Speaks On ThoughtSpot's India } Then we extended the co-founding team with a few more people from Google. font-size: 38px : Yes. So, I like look at opportunities that are very low in market risk, and very high in execution risk. Typically, once in a while I take a day off and find my own time, particularly. So, we had to build a new kind of search engine. 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. Why One CEO Calls Himself Chief Coffee Maker, and How It's - Medium The thing that I noticed though was given how much history the product had and how deeply entrenched it was in some of the largest enterprises in the world. : 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. 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. Looking for a way to pass the time, he earned an MBA, which was a little bit of a departure, he admits. Thiel was the first angel investor in Facebook with a $500K check that turned into more than $1 billion in cash. Well, Ajeet, thank you so much for being on the. Thats when I teamed up with Amit Prakash, my co-founder. 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. 15. My co-founder and CTO, Amit, was working on machine learning and AI. Ajeet Singh - Co-founder & Executive Chairman @ ThoughtSpot According to the latest Twitter stat on 2022-11-02, Ajeet Singh has a total favourites count of 868 on the Twitter account and Ajeet Singh has 3.76 Thousand followers on the same Twitter account. Driven by his passion for creation, Ajeet has built two multibillion-dollar technology companies from the ground up ThoughtSpot and Nutanix. Literally, in two seconds., And if his ambition to have those 20 million users in 5 years pans out? How big is ThoughtSpot today? Select the best result to find their address, phone number, relatives, and public records. Prior to starting ThoughtSpot, he was a co-founder and Chief Products Officer at Nutanix, the leader in the enterprise cloud industry and largest tech IPO of 2016. In six months Ill go find another job. But what I dont want to do is be 50 or 60 and look back and say, Hey, I just kept working for big companies, and I wanted to start a company, and I did not do that. He took the leap to help start Nutanix, where he learned how to scale a fast-growth company. That opportunity cost of how I like to measure risk. And you guys are over a billion already in terms of evaluation, so obviously, the market is really valuing what you guys have done, and also in such a short period of time which is fantastic. Going to Honeywell was a very interesting inflection point in my career. Now, when youre doing an enterprise company, oftentimes one challengein fact, these engineers dont appreciate the value of the problem youre trying to solve. } Follow. To deliver that user experience, we had to imagine a new kind of search engine that was built for numbers. Driven by his passion for creating impactful businesses, Ajeet has had the experience of creating billion-dollar technology companies from scratch. Ajeet is now single. Driven by his passion for creation, Ajeet has built two multibillion-dollar technology companies from the ground up ThoughtSpot and Nutanix. These are a lot of investments. That would be market risk. Ajeet Singh, ThoughtSpot Inc: Profile and Biography Your product strategy and business strategy have to dovetail really well. Ajeet Singh is Executive Chairman and Co-Founder of AI company ThoughtSpot, which he co-founded to be a self-styled . Bitten by the start-up bug, Singh saw another opportunity in the $15 billion business intelligence software marketand the $50 billion market in adjacent services. 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. 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. 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. Thats how we came upon the idea of hyper-convergence where storage actually becomes just an application running on top of the hypervisor. } font-family: "Open Sans", sans-serif; See How I Can Help You With Your Fundraising Efforts. 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. That was a real transformation and experience. So, I look at all the risks in a startup in two buckets: market risk and execution risk. Many people ask this question about the money Ajeet Singh makes from Facebook. Ajeet Singh is the Co-Founder & Advisor at Nutanix Inc. Ajeet's mailing address filed with the SEC is 1740 TECHNOLOGY DRIVE, SUITE 150, SAN JOSE, CA, 95110. Get the latest from ThoughtSpot (800) 508-7008 Thats when I talked to my co-founders. He has raised over $300M for ThoughtSpot from the likes of Lightspeed Venture Partners, Khosla Ventures, or General Catalyst. Ajeet Singh - President for Thoughtspot, Inc. The Modern Milkmans Chief Strategy Officer, John Hughes on Using Data to Save Our Oceans from Plastic. Agriculture University. 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. I found that to be an extremely effective tool where I would block off a day and go somewhere, and think about the big picture, and think about the current priorities, and how things need to evolve, and so on. When they see them, theyre wowed? Search our database of over 100 million company and executive profiles. 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. Ajeet Singh. font-size: 35px; border-radius: 0; 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. Very, very interesting times at ThoughtSpot. Ajeet Singh Speaks On ThoughtSpot's India Investment Plans & More Why is this the case? They have these simple questions, but when you have data that is very voluminous, and its very complex, you also need a very thoughtful back end. Alejandro: What a tremendous run with Nutanix, and now with ThoughtSpot, Ajeet. We also had to build our own [33:29], scalable, extremely fast memory our database so that we can crunch numbers at massive scale extremely, extremely quickly because if Im looking for a search-based user experience, I dont have a lot of patience for the results to come back.
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