Everything Jay Vijayan said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Vijayan: VMware spent hundreds of millions of dollars on Oracle ERP
“They spent like hundreds of millions of dollars. It was a massive project. They had a failed project before, and after that I joined the second time to lead, to turn around the second time the same project was re-initiated and they named it as Project Phoenix.”
Vijayan: The US automotive ecosystem is a nearly $1 trillion annual market
“Automotive is four percent of US GDP. US GDP is 21 trillion dollars, and four percent is eight hundred and fifty billion dollars just in vehicle transactions, vehicle sales. And if you consider the entire ecosystem of automotive, it is almost a trillion dollar…”
Vijayan: Tekion raised $10M Series A at $48M post-money valuation
“Series you know A was to be raised, ten million at around forty-eight million dollars post value.”
Vijayan: Tekion raised $22M Series B at ~$98M post-money valuation
“So Series B, let me think was 20 yeah, 22, yeah, I think it's twenty two million, if I'm right. We raised twenty two million Series B at 90 I think it was ninety-eight million posts in terms of valuation.”
Vijayan: Tekion reached double-digit ARR in 2020
“Until then the revenue was small but in 20, 20, it immediately jumped to almost it started going towards, and then now we are more in double digit ARR.”
Vijayan: Tekion platform transaction volume has crossed $350 million
“The transaction volume already on our platform crossed three hundred and fifty million dollars and continuing to rapidly grow.”
Vijayan: US car buyers spend four to eight hours at dealerships
“In this industry, if you think about, if you take a dealer, when you walk into a dealer in the US, even if you have done all your homework and know exactly which car you're going to buy, they will make you sit anywhere between four to six to eight hours in the…”
Vijayan: Some US car dealerships pay almost $100,000 monthly in software costs
“Today, in dealerships in the US, they run 40, 50 different applications. They pay crazy amount of money. Some dealerships pay almost 100,000 dollars a month in software cost. Per, per dealership.”
Vijayan's wife lost sleep for six months after he resigned from Tesla
“My wife didn't sleep for six months when I left my job at Tesla, because how many, how much money I left, and people thought how much, you know, trust I established to deal on while it not, it was not working out that great for so many people I had in such a g…”
Vijayan: Left VMware for Tesla taking an almost $100,000 base pay cut
“Still, I had to take a pay cut purely in a salary and bonus, because VMware had been a really solid salary and great bonus. And that really stopped almost 100,000 dollars just purely from salary cut perspective. And then on top of it, I had to leave stocks bec…”
the Neon Show 11