Why Selling Your Startup for Billions Can Be a Bittersweet Experience

Jyoti Bansal, the founder of software developer AppDynamics, sold his company for $3.7 billion in 2017. At first glance, it seemed like a triumphant moment, but as he looked back, he realized that selling his startup was a bittersweet experience. In this interview, Bansal shares his story, revealing the challenges and regrets that came with selling his company. Bansal's journey as an entrepreneur began when he worked as a software engineer in Silicon Valley. He eventually got a Green Card, which allowed him to launch his own startup, AppDynamics. The company developed a reputation for helping big companies fix their software applications, and after nine years of hard work, Cisco acquired AppDynamics for $3.7 billion. However, the acquisition brought its own set of challenges. Bansal had to deal with the uncertainty of whether the acquisition would be successful, and he struggled to adjust to the new reality. He realized that he had unfinished business with AppDynamics, and the sale left him feeling aimless. After six months of traveling the world, Bansal launched a new startup called Harness, which also makes tools for software developers. The company was valued at $3.7 billion in 2022, the same amount AppDynamics sold for. Despite the success, Bansal's experience with AppDynamics taught him a valuable lesson: selling your startup can be a bittersweet experience. In the end, Bansal's story serves as a reminder that success is not just about achieving a certain milestone, but also about the journey and the people involved. By sharing his story, Bansal hopes to inspire others to think critically about their own entrepreneurial journeys and the decisions they make along the way.

Why Selling Your Startup for Billions Can Be a Bittersweet Experience

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