Aster Data

company on 3 shows · 11 statements across 2 episodes · said 37 times in 9 episodes since 2013

the MAD Podcast 25 Top Founders 10 the Official SaaStr Podcast 2

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the MAD Podcast 25Top Founders 10the Official SaaStr Podcast 2

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2014 19 mentions in 1 episode
2013 3 mentions in 2 episodes 2 per episode

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11 statements about Aster Data, every show

TOP FOUNDERS Disclosure
Mohit Aron traded salary for a 1% equity stake at Aster Data
“I took a pathetically low salary. You know, it was around 120,000 because I was, I had made enough money, but the options were eventually close to a percent that I took.”
Mohit Aran Mar 9, 2016 ▶ 6:08 Inventor of Hyper-Convergence Sitting On $150m+ Valuation and $77m Raised with Mohit Aron of Cohesity EP 199
TOP FOUNDERS Assertion Partly supported
Teradata acquired Aster Data for approximately $325 million
“I think the sale was it was undisclosed, and I had left Astrid by then, but the sale was around three hundred twenty five million if we know the numbers correctly.”
Mohit Aran Mar 9, 2016 ▶ 7:37 Inventor of Hyper-Convergence Sitting On $150m+ Valuation and $77m Raised with Mohit Aron of Cohesity EP 199
TOP FOUNDERS Assertion Supported
Mohit Aron claims he invented the concept of hyper-convergence at Nutanix
“I left Aster in 2009, and I actually founded the infrastructure company Nutanix in 2009, September 2009, and I was there with Nutanix for a little more than three years, and I was the brains behind the concept of hyperconvergence, which has kind of taken over …”
Mohit Aran Mar 9, 2016 ▶ 8:44 Inventor of Hyper-Convergence Sitting On $150m+ Valuation and $77m Raised with Mohit Aron of Cohesity EP 199
MAD Disclosure
Tasso Argyros: Aster Data sold to Teradata in 2011
“We sold the company to Teradata in 2011, and then I ran the company as a division with my co-founder, ah, for a couple of years.”
Tasso Argyros Mar 3, 2014 ▶ 1:09 Tasso Argyros, Aster Data // Data Driven NYC 24 // February 2014 (Hosted by FirstMark Capital)
MAD Assertion Supported
Tasso Argyros: Aster Data began developing its architecture in 2005
“We were thinking about this problem back in 2005, right? So that was pre-Hadoop”
Tasso Argyros Mar 3, 2014 ▶ 2:22 Tasso Argyros, Aster Data // Data Driven NYC 24 // February 2014 (Hosted by FirstMark Capital)
MAD Assertion Supported
MySpace was a major early customer for Aster Data
“Right media never became our customer. And that's a different story, but MySpace did become a very big customer of ours.”
Tasso Argyros Mar 3, 2014 ▶ 5:10 Tasso Argyros, Aster Data // Data Driven NYC 24 // February 2014 (Hosted by FirstMark Capital)
MAD Insight
Founders must quickly replace misaligned early advisors, investors, and employees
“You know, in, back then we didn't think about it, but in retrospect, that first asset of everything is so critical, so that if it's not aligned with your vision, it's not aligned with the company's vision where you want to go, you really need to make a change …”
Tasso Argyros Mar 3, 2014 ▶ 7:04 Tasso Argyros, Aster Data // Data Driven NYC 24 // February 2014 (Hosted by FirstMark Capital)
MAD Assertion Supported
Aster Data was among the first companies to position around "Big Data"
“Aster was one of the first companies that you, that we used it as our major positioning statement, and I do believe we had the first big data event. Although I may be wrong, but nobody has, ah, nobody has, ah, told me otherwise so far.”
Tasso Argyros Mar 3, 2014 ▶ 11:27 Tasso Argyros, Aster Data // Data Driven NYC 24 // February 2014 (Hosted by FirstMark Capital)
MAD Insight
The term "Big Data" has lost its strategic marketing effectiveness
“We use Big Data a lot less because Big Data has lost a lot of the benefit it had for us back in 2009.”
Tasso Argyros Mar 3, 2014 ▶ 16:48 Tasso Argyros, Aster Data // Data Driven NYC 24 // February 2014 (Hosted by FirstMark Capital)
MAD Disclosure
Aster Data had around 100 employees in 2010 prior to acquisition
“When big data happened in 2010, we had maybe, you know, about a hundred employees”
Tasso Argyros Mar 3, 2014 ▶ 17:17 Tasso Argyros, Aster Data // Data Driven NYC 24 // February 2014 (Hosted by FirstMark Capital)
MAD Disclosure
Aster Data needed a major partner to fulfill its product vision
“And we realized that the only way to realize what the product and the company, ah, the vision, what it could offer was to align with the major player.”
Tasso Argyros Mar 3, 2014 ▶ 17:42 Tasso Argyros, Aster Data // Data Driven NYC 24 // February 2014 (Hosted by FirstMark Capital)

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