Data Domain

company on 7 shows · 11 statements across 5 episodes · said 34 times in 8 episodes since 2018

20VC 15 Founder's Journal 8 No Priors 6 the Knowledge Project 2 Founders 1 Top Founders 1 the a16z Podcast 1

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20VC 15Founder's Journal 8No Priors 6the Knowledge Project 2the a16z Podcast 1Top Founders 1Founders 1

2024 20 mentions in 3 episodes 7 per episode
2023 8 mentions in 2 episodes 4 per episode
2022 4 mentions in 1 episode
2018 2 mentions in 2 episodes 1 per episode

every mention on every show, scene by scene, with the transcript →

11 statements about Data Domain, every show

20VC 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
20VC 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
20VC 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
20VC Disclosure
Schneider: Data Domain spent its first year selling a paid beta
“The first year we didn't have the right product. We had an initial product that I almost would refer to as a paid for beta.”
David Schneider Sep 11, 2024 ▶ 5:50 David Schneider: Why the Worst VCs are "Seagull VCs" & VC Value Add - Is it Real? | E1200 · 20VC with Harry Stebbings
20VC Insight
Schneider: Data storage buyers prioritize fast data recovery over backup
“It's not about the backup guys. It's about the recovery. It's about how fast can I recover this data so I can do my job and not get in trouble if something is corrupt.”
David Schneider Sep 11, 2024 ▶ 6:09 David Schneider: Why the Worst VCs are "Seagull VCs" & VC Value Add - Is it Real? | E1200 · 20VC with Harry Stebbings
20VC Assertion Not checkable as stated
Schneider limited ServiceNow management reviews to three green and three red items
“When I led the review of any portion of ServiceNow or Data Domain, I started with the three things that were working, that were really green, and the three things that were red. If somebody wanted to help me on something in the red, be my guest. But if you wan…”
David Schneider Sep 11, 2024 ▶ 55:54 David Schneider: Why the Worst VCs are "Seagull VCs" & VC Value Add - Is it Real? | E1200 · 20VC with Harry Stebbings
FOUNDER'S JOURNAL Assertion Partly supported
Data Domain returned $2.4B to shareholders on just $28M in net capital
“Data Domain took in twenty-eight million dollars of net capital and six years later returned 2.4 billion dollars to shareholders.”
Alex Lieberman Mar 1, 2024 ▶ 4:00 Amp it Up
KNOWLEDGE PROJECT Assertion Supported
Data Domain's 2009 exit exceeded its next ten competitors combined
“We were a bigger exit, and then the 10 next, the next 10 competitors combined, all this kind of stuff”
Frank Slootman Aug 8, 2023 ▶ 19:54 Frank Slootman: Doing Less, Doing Better
NO PRIORS Assertion Supported
Slootman: Data Domain had zero revenue and 15 employees when he joined
“That was, they had no revenue, no customers, nothing. There were 15 people there.”
Frank Slootman Jun 29, 2023 ▶ 6:33 No Priors Ep. 23 | With Snowflake's CEO Frank Slootman
NO PRIORS Assertion Partly supported
Slootman: Data Domain generated $3M in revenue during his first year
“So we stayed alive and we did do that three million dollars that first year.”
Frank Slootman Jun 29, 2023 ▶ 8:50 No Priors Ep. 23 | With Snowflake's CEO Frank Slootman
20VC Assertion Supported
Slootman: Data Domain had no revenue or customers when he joined
“When I joined Data Domain, I had no idea what I was getting into. I mean, there was no revenue, there were no customers, there were 15 people”
Frank Slootman Jan 25, 2022 ▶ 4:53 Snowflake CEO Frank Slootman on How To Narrow The Focus and Increase The Quality | Full Interview · 20VC with Harry Stebbings

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