Gaurav Dhillon, co-founder of Informatica and CEO of SnapLogic, reflects on the early capital raised to scale Informatica into a market leader in ETL and data warehousing.
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“We raised 13.5 million dollars.”
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More from Gaurav Dhillon
Insight
Dhillon: Price modest IPOs for buyer upside before larger secondary offerings
“Look, because the IPO, you're also trying to build a brand for yourself. Nobody knows you as a company or as an executive. So if you do a modest IPO, you got to price it. So there's some wealth for the new buyers. And as they do well, they get a sense. You do …”
Gaurav DhillonMay 7, 2017▶ 4:48652: SnapLogic Raises $136M, $70M+ ARR Helping 750 Customers ($138k ACV) Connect Data Streams with CEO Gaurav Dhillon
Opinion
Dhillon: SnapLogic is the enterprise equivalent of Zapier and IFTTT
“So yes, I would say we're the industrial version of some of these toys out there. And you know, we do a pretty good job on the industrial end of it.”
Gaurav DhillonMay 7, 2017▶ 11:42652: SnapLogic Raises $136M, $70M+ ARR Helping 750 Customers ($138k ACV) Connect Data Streams with CEO Gaurav Dhillon
Insight
Dhillon: Enterprise startups need six-figure deals and more customers than employees
“If you do, try to do six-figure deals, and try to have more customers than employees.”
Gaurav DhillonMay 7, 2017▶ 19:45652: SnapLogic Raises $136M, $70M+ ARR Helping 750 Customers ($138k ACV) Connect Data Streams with CEO Gaurav Dhillon
AssertionContradicted
Dhillon: SnapLogic Raised Half as Much Capital as Average Pre-IPO SaaS
“We've raised about half of what the average SaaS company does to an IPO. Half.”
Gaurav DhillonMay 7, 2017▶ 21:18652: SnapLogic Raises $136M, $70M+ ARR Helping 750 Customers ($138k ACV) Connect Data Streams with CEO Gaurav Dhillon
Disclosure
Dhillon: Seeded SnapLogic with a $1 million convertible debt check
“The initial check was a million dollars.”
Gaurav DhillonMay 7, 2017▶ 7:16652: SnapLogic Raises $136M, $70M+ ARR Helping 750 Customers ($138k ACV) Connect Data Streams with CEO Gaurav Dhillon
AssertionSupported
Dhillon: SnapLogic Has Raised $136 Million in Total Capital
“You know, we've raised one hundred and thirty six million.”
Gaurav DhillonMay 7, 2017▶ 8:05652: SnapLogic Raises $136M, $70M+ ARR Helping 750 Customers ($138k ACV) Connect Data Streams with CEO Gaurav Dhillon
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