Assertion certainty 4/5 debate potential 2/5

Every startup Bain evaluated that directly competed with VMware died or sold

Ben Nye · EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye · Nov 3, 2016 · at 12:39

Turbonomic CEO and Bain Capital Managing Director Ben Nye explains why Bain chose to co-found Turbonomic rather than back existing startups competing against VMware.

0:00 / 0:06exact quote · 6.7s
720p mp4 · rendered on demand · StarZero watermark
“And just to make the case roll the tape forward. And every one of those players that we looked at has either been acquired or gone.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Ben Nye

Opinion
Pure business model companies like Uber lack defensible long-term sustainability
“There are other companies that are pure business model companies. I don't think they have the sustainability and the worry you have there is ankle biters coming up through the ground. Think of, you know, Uber and Lyft as an example, great company, In Uber, but…”
Ben Nye Nov 3, 2016 ▶ 15:46 EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye
Disclosure
Ben Nye became interim CEO after founder and external CEO clashed
“There were some issues between the founder and the CEO hire. And so that's, that was the time when the board made its decision and asked me to step in on an interim basis, which I agreed to.”
Ben Nye Nov 3, 2016 ▶ 4:45 EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye
Assertion Not checkable as stated
91% of Turbonomic customers achieve full payback within three months
“No, I think we're, look, 91% of our customers have a three-month full payback, so by definition, we've, you know, even with the price increases of the last four years we certainly feel that we've offered a huge consumer surplus to our customers.”
Ben Nye Nov 3, 2016 ▶ 9:52 EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye
Prediction Partly held up
VMware's revenue growth will continue to slow, but it will not die
“They're not going to die. I think their growth rate is going to continue to slow, but I don't think they're going to die. They've got a huge amount of cash that they generate.”
Ben Nye Nov 3, 2016 ▶ 13:01 EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye
Disclosure
Turbonomic repurchases equity from departed employees to keep cap table active
“From time to time the company has retired passive shares. And there's typically a thing called an investor rights agreement that governs the way in which that is executed. And indeed we've done that as well, just to keep more equity and more active hands.”
Ben Nye Nov 3, 2016 ▶ 6:35 EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye
Assertion Partly supported
194 million enterprise workloads ran across hybrid cloud in 2016
“There's a hundred and ninety four million workloads in 2016 between that which run on prem or premises and that which runs in the public cloud.”
Ben Nye Nov 3, 2016 ▶ 7:29 EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.