EMC

0 statements across 0 episodes · 3 bullish · 0 bearish · 2 people on the record · first statement Jul 22, 2024 by Kevin Hartz · across every show →

Everything said about EMC, oldest first

Jul 22, 2024 positive
Insight
Hartz: Airbnb is distributed storage for people, mirroring enterprise cloud architecture
“I like to think about Airbnb as kind of distributed storage, but not for bits, or images, or sound, or video. It's distributed storage for people. You know, you can have a EMC big drive like on-prem in your enterprise, Or you can have things distributed, and i…”
Kevin Hartz Jul 22, 2024 ▶ 17:39 Kevin Hartz: "How I Lost Airbnb at Seed Because of an Exploding Term Sheet" | E1180 · 20VC with Harry Stebbings
Sep 11, 2024 positive
Assertion Partly supported
David Schneider helped scale Data Domain from $0 to $1B revenue
“I spent almost nine years at a company called Data Domain, where I joined at zero dollars in revenue, and by the time I left, we'd gone through an IPO, took it to about a billion dollars, and then we got acquired by EMC in a hostile acquisition in 2009.”
David Schneider Sep 11, 2024 ▶ 1:26 David Schneider: Why the Worst VCs are "Seagull VCs" & VC Value Add - Is it Real? | E1200 · 20VC with Harry Stebbings
Sep 11, 2024 neutral
Assertion Partly supported
Schneider: Data Domain had $550M revenue and 75-80% margins at acquisition
“Yeah, but imagine buying a company at the time, five hundred and fifty million in revenue, 75, 80% margins for two billion dollars.”
David Schneider Sep 11, 2024 ▶ 4:49 David Schneider: Why the Worst VCs are "Seagull VCs" & VC Value Add - Is it Real? | E1200 · 20VC with Harry Stebbings
Sep 11, 2024 positive
Assertion Partly supported
Schneider: Data Domain reached $2B in revenue two years post-acquisition
“That company inside of EMC, we drove it to a billion that first year, and two billion dollars in the second.”
David Schneider Sep 11, 2024 ▶ 5:07 David Schneider: Why the Worst VCs are "Seagull VCs" & VC Value Add - Is it Real? | E1200 · 20VC with Harry Stebbings
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