I got accepted, but my dad got sick in my last semester of my undergrad. Its the people that you hang out with. Alejandro: Got it. It's actually a myth about how to make money on Facebook Ajeet Singh is the co-founder and Executive Chairman at ThoughtSpot, a company revolutionizing analytics with search and AI. It has turned out really, really well for us. It has turned out really, really well for us. The Modern Milkmans Chief Strategy Officer, John Hughes on Using Data to Save Our Oceans from Plastic. 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In fact, all of these folks were making really good amounts of money at Google and other companies they were at. } Then I came to the states 2006. As we built a performing team, what was important for us was to make sure that we can operate well together because sometimes you can have co-founding teams with a tremendous amount of friction, and for that, we spent a lot of time understanding each other, understanding each full values and the purpose behind why we would want to build a company. Thats how I grew up in the technology industry. The company is focused on making the world more fact-driven through a better decision engine. Profession. We were very deliberate about the fact that we wanted to do a company and then spend time. But his fathers health took a bad turn and Singh ended up staying close to home. Share Excel Ajeet Singh Overview . Then all of the sudden, you decide to step down and go to Lightspeed Ventures to become their entrepreneur-in-residence. At the time, India did not have very strong research opportunities. But two years ago, we started a new product line that leverages the same platform called SpotIQ which is our AI-based solution which can help you really finding that needle in the haystack because data is so big, it is so complex. This leader wanted to bring GMs Onstar-like experience which was built more for automotive and applied to a very industrial problem of managing aircraft engines. So, the transition firstly was fairly seamless for me. They have also lived in Jamaica, NY. In my role as an Exec Chairman, depending on the persons background, they can focus on the different aspects of the business. What are the typical demographics they come from? If you look at some of the largest retailers, financial services companies, they have good businesses. display: block; We built a co-founding team that brought a very specific expertise to the table, and that reflected in our overall solution. Then I came to the states 2006. : In 2006. I feel that with the performing team, me, Dheeraj, and also, weve hired some very strong leaders recently. CEO Singh cannot disclose his customers by name but says they include some of the countrys largest retailers, financial services companies, technology firms and manufacturers. We needed that because if you open the whole, youll see that we are building perhaps five companies, five products, each of which would be an independent company inside ThoughtSpot. When you are in a smaller environment in a startup things move rather quickly, and if you have an idea, its very likely you will actually have the charter to go in and implement the idea which basically means that the bar for your own ideas goes up significantly as you move from a large company to a startup. [2] In January 2016, the company opened an office in London. That was also reflected. display: block; Its a really a joy to use their product. But we felt that with the fundamental change in how IT had started operating with [12:49], becoming a very standard part of the stack. What happened, how did you incubate it, and ended up saying, You know what? Ajeet SINGH, PhD Student | Cited by 64 | of National Institute of Plant Genome Research, New Delhi (NIPGR) | Read 19 publications | Contact Ajeet SINGH It was taking them months to really get answers to their data questions. Im actually thrilled with the guest that we have today because he has done the full cycle. On the other, I try to avoid certain kinds of risks very, very aggressively. Ajeet's mailing address filed with the SEC is 1740 TECHNOLOGY DRIVE, SUITE 150, SAN JOSE, CA, 95110 . The existing architecture at the time was 15 years old. font-size: 40px !important; float: left; For a winning deck, take a look at the pitch deck template created by Silicon Valley legend, Peter Thiel (see it here) that I recently covered. height: 100%; : Were about 430 people now. I worked hard to get into some of the best colleges. } I met a few people, and I wasnt really inspired by them. : Really cool. Many people ask about the amount of money Ajeet Singh makes from Instagram. text-shadow: rgba(0, 0, 0, 0) 0px 0px 0px; This was followed by a round of Series B funding on June 18, 2014, that raised an additional $30 million. : I love it. } People independent of their specific function and role, they get to see a lot of stuff that is happening in the company. We felt that there was an opportunity to build a best-of-breed architecture from the ground up. So, I was at Oracle for a short nine months, actually because I didnt want to take all the time that would be required to make an impact. Mohit and I go really way back. Also, people are a big part of it. The company has raised a total of $306 million since its founding in 2012. He has raised over $300M for ThoughtSpot from the likes of Lightspeed Venture Partners, Khosla Ventures, or General Catalyst. My co-founder and CTO, Amit, was working on machine learning and AI. A native of India, he graduated with a chemical engineering degree from the ultra-competitive Indian Institute of Technology, with plans to earn a PhD in the same field from a U.S. university. In fact, originally, I really wanted to work at the intersection of chemical engineering and medical science and wanted to come to the states to be here. View Ajeet Singh's profile on LinkedIn, the world's largest professional community. ThoughtSpot is the Modern Analytics Cloud company. padding: 0px 2px; We also had to build our own [33:29], scalable, extremely fast memory our database so that we can crunch numbers at massive scale extremely, extremely quickly because if Im looking for a search-based user experience, I dont have a lot of patience for the results to come back. } "ThoughtSpot connects to all those kinds of systems and then has all the data to analyze." And, though Singh works with artificial intelligence every day, he doesn't share in the view that the. Ajeet Singh: Were about 430 people now. Then I worked with Honeywell. So, in India, you actually studied chemical engineering and then you went into finance for doing your MBA. We shared details of our $150M investment in India on CNBC-TV18 today. If youre traveling, youre spending a lot of time meeting customers or their team. You are responsible for convincing so many other people about the marriage of your ideas. Driven by his passion for creation, Ajeet has built two multibillion-dollar technology companies from the ground up ThoughtSpot and Nutanix. } Earlier this year, we were named as a leader in Gartners Magic Quadrant for BI Analytics. Alejandro: I love it. As a product manager, your ability to influence the direction of the product was very limited. You have newer and newer problems to solve on a daily basis. .sumo-wrapper .sumo-form .btn.btn-wrr { I saw that with big data technologies the ability to store and manage lots and lots of data was becoming cheaper, faster, better, but how that data was consumed by the end users, that wasnt changing. According to the latest Twitter stat on 2022-11-02, Ajeet Singh has a total favourites count of 868 on the Twitter account and Ajeet Singh has 3.76 Thousand followers on the same Twitter account. I also, obviously, have in the process have empathy for people that work at startups because their families really have to enable them to be able to take these kinds of risks. We felt that we should go and build a company. Ajeet Singh, Co-Founder and Executive Chairman at ThoughtSpot, details how companies can get more from their analytics practice, and forecasts future trends in data analytics. Alejandro: I think that the first experiences that you were getting on the product side, one of them was at Honeywell which ultimately is what really brought you here to the U.S. What was the main difference that you saw from the ecosystem there in India to coming here to the U.S. and perhaps a culture shock? I think as a company scales, sometimes culture can go sideways. Theyre trying to understand what kind of shoes they are promoting on their e-commerce website. Sometimes, I dont. You may opt-out by. Unlike standard visualization and dashboarding tools that can have the spinner that can go on for minutes sometimes. padding: 10px 0px; Tell us how did the idea of Nutanixfor the listeners, so that they know this as well, I did interview one of your co-founders of Nutanix a few episodes ago, Mohit Aron, and he did go deep into the story. Thoughtspot 2X Unicorn Founder, Co-founder and Executive Chairman. Why did you make that decision? .alg-cta-consulting { All these technologies to build a data center and operate it. font-style: normal; } Thiel was the first angel investor in Facebook with a $500K check that turned into more than $1 billion in cash. If somebody has a question in their personal life, they just go to Google and ask the question. So, I feel like we have a great team and a great set of investors that are extremely supportive of our ambitions and vision that we have at ThoughtSpot, and that has really born true. Singh took a rather circuitous path to entrepreneurism. So, it took a lot of effort to recruit them. .sumo-form .wpcf7-form.init .wpcf7-form-control.wpcf7-submit { We built a co-founding team that brought a very specific expertise to the table, and that reflected in our overall solution. ThoughtSpot Ajeet Singh data analytics Seems a little quiet over here Be the first to comment on this track Why is this the case? Ajeet Singh is Executive Chairman and Co-Founder of AI company ThoughtSpot, which he co-founded to be a self-styled . transition: none 0s ease 0s; : Weve raised about 300 million dollars at ThoughtSpot. Aron left in 2013 to found another storage business, San Jose-based Cohesity Inc., which is reportedly in talks to raise its own unicorn round . font-weight: 400; We had our co-founder, Abhishek Rai who used to be one of the three [34:54] at Google. Ajeet Singh's employment details. How did you and Dheeraj really build, or I would say incubate this idea, and how did the co-founding team come together for Nutanix? I expect them to come back in a couple of seconds at max. Ajeet is based out of Cupertino, California, United States and works in the Computer Software industry. : In Oracle and also in Aster Data Systems, which were the two companies before you went at it as an entrepreneur, you were doing product. It was just too complex. Now, when youre doing an enterprise company, oftentimes one challengein fact, these engineers dont appreciate the value of the problem youre trying to solve. Alejandro: Yeah. They go to Google. width: 54%; There is really a disruption happening when it comes to financial services, retail, everywhere next-generation companies that are pure software companies that are coming in disrupting big markets. Dyslexia mode Summary: Trust comes in many forms and with many questions. That was also reflected. One of them, I remember was maybe 17 or 20 meetings that I had to do with them to really convince them that ThoughtSpot was the right thing for them. Way back if you look at the life of a storage admin, they really didnt have a life because they were operating some very mission-critical systems, and every time you have to fax them, upgrade them, youre trying to do it on a weekend.
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