Ashutosh Garg
CEO & Co-Founder, Eightfold AI. On 1 show, 1 appearance. The Shows tab opens the full record on each.
founderexecutiveengineerauthor@ashutoshg ↗LinkedIn ↗eightfold.ai ↗
Ashutosh Garg is the CEO and co-founder of Eightfold AI and the former CTO and co-founder of Bloomreach. Previously an engineer at Google and IBM Research, he holds dozens of patents and co-authored What's Next for You.
1shows
1appearances
12statements
0resolved
0supported
0contradicted
Everything Ashutosh Garg said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Garg: Lightspeed assigned an associate to join Eightfold's customer validation calls
“When I went to Lightspeed, right, and I was talking to Peter. So what Peter did was Peter assigned a junior person from the firm saying that, why don't you help Ashu set a few CHRO calls and see what comes out. So as I was building my thesis, Lightspeed was bu…”
Garg: Founders Never Truly Achieve Permanent Product-Market Fit
“I don't think I ever feel that I have a true product market fit. This market is constantly evolving.”
Garg: Founders need 80% conviction and 20% open-mindedness during customer discovery
“So I say that almost like 80% is conviction, and 20% you are going over there with an open mind to listen what they can tell you that could be of interest, right?”
Garg: Evaluating 3–4 startup ideas prevents fear-driven attachment to bad concepts
“If you have one idea, then more often than not, instead of being excited about the idea, you have fear of not being able to pursue anything. And that forces you to keep doing what you're doing. If you have three, four ideas on day one, then you're not really m…”
Garg: Markets only reveal present problems, not long-term needs
“What market is going to tell you is today's problem. The market is not going to tell you where the problem will be in the long term. And that is for us to decide and figure it out, right? So as a founder, you are making a bet on the market, you're making a bet…”
Garg: Hiring one employee requires engaging over 100 candidates
“To hire An individual you are reaching out to or engaging hundred plus other people. So if you're a company of 10,000 employees, you have already engaged with a million people, and that million is equivalent to roughly the working population of Bay Area.”
Garg: Building a public company requires a $5B-$10B addressable market
“For any reasonable idea, you can build a business that will be five, 10, 15, twenty million dollars in revenue. Most markets are large enough for that. But one day you want to go public, you want to have a large company, and at that time you will need a revenu…”
Eightfold.ai Scaled ARR From $1M to $12M in Roughly One Year
“I think in a year we went from roughly one to three to 12 and beyond.”
Garg: Eightfold secured its first paying customer within three months of coding
“We started coding probably on first September, 2016. And by November and early December, we had a paying customer.”
Eightfold shut down its secondary product despite signing 100 customers
“By December of 2017, we went back to the old product, and by, I think, January of 2018, we shut down the second product.”
Garg: Bloomreach disclosed his planned departure to incoming investors
“We raised our funding just before I left and made sure that the new investors knew that I'm going to leave as part of, or a few months after that funding round.”
Garg: Companies typically pay 20% overhead to hire candidates
“Most companies end up paying 20% of the comp to hire the right person. Anytime, in fact, you're hiring contractor, you still end up paying 20% overhead. So for someone with a composition of 200 K companies end up paying 20 to 40,000 dollars.”
One line per show, most statements first. The link opens Ashutosh's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
 PRODUCT MARKET FITLEDGER | CEO & Co-Founder, Eightfold AI | 1 | 12 | — | full record on A Product Market Fit Show → |