Hyperic

5 statements across 1 episodes · 1 bullish · 2 bearish · 1 people on the record · first statement Sep 6, 2015 by Javier Soltero · said 16 times in 1 episodes since 2015 · across every show →

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brought up most by Javier Soltero (15), Harry Stebbings (1)

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Everything said about Hyperic, oldest first

Sep 6, 2015
Assertion Not checkable as stated
Soltero: Hyperic bootstrapped to over $1.5M in bookings before VC funding
“When we first started working with venture investors we had already bootstrapped the company for two years. We had taken it from a zero dollars to north of like 1.5 million in bookings strategic OEM relationships, all the, you know, two dozen customers, all of…”
Javier Soltero Sep 6, 2015 ▶ 6:14 FF 012: Acquired by Microsoft for $200m with Javier Soltero @ Microsoft
Sep 6, 2015
Assertion Not publicly verifiable
Hyperic reached nearly $10 million in revenue before 2009 exit
“We were at the time when we sold it in 2009, close to ten million in revenue thousands of customers, deeply, deeply adopted open source product and a pioneer in some new business model elements”
Javier Soltero Sep 6, 2015 ▶ 3:33 FF 012: Acquired by Microsoft for $200m with Javier Soltero @ Microsoft
Sep 6, 2015 negative
Opinion
Soltero: Hyperic was infinitely harder to build than Accompli
“I don't mean to suggest that, that one was actually, if anything, Hyperic was infinitely harder for many, many reasons.”
Javier Soltero Sep 6, 2015 ▶ 19:21 FF 012: Acquired by Microsoft for $200m with Javier Soltero @ Microsoft
Sep 6, 2015 positive
Assertion Partly supported
Soltero: Hyperic bootstrapped two years before Accel/Benchmark funding and $420M exit
“We ended up bootstrapping Hyperic actually for two years before we raised money ultimately from Excel and Benchmark who were great investors. And helped us take this thing to you know, ultimately a four hundred and twenty million dollar acquisition by VMware, …”
Javier Soltero Sep 6, 2015 ▶ 5:33 FF 012: Acquired by Microsoft for $200m with Javier Soltero @ Microsoft
Sep 6, 2015 negative
Assertion Contradicted
Soltero: Sequoia wrongly called Hyperic a product in search of a market
“Maybe that comment from Sequoia had really left a mark, this idea that, that they thought that Hyperic was a product in search for a market, which of course hundreds of millions of dollars of years later, or hundreds of millions of dollars later, I'm happy to …”
Javier Soltero Sep 6, 2015 ▶ 15:17 FF 012: Acquired by Microsoft for $200m with Javier Soltero @ Microsoft
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