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An entrepreneur waits 7 years for his green card before selling his company for 3.7 billion dollars

4/5/2019

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Jyoti Bansal struggled through our immigration process for several years so he could get a green card and start his own venture. He now has created over a thousand jobs in the U.S. with his company APPDYNAMICS. HE sold the company to Cisco for 3.7 billion dollars and began several other projects. He was denied 20 times when trying to fundraise for his first venture but he did not give up. He eventually raised $220 million and then received multiple offers to buy his company just days before a planned IPO. 

With all of Jyoti's hard work over the years he learned a few key things to starting up. The first start-up he was working for was started by PHD's at top universities with cutting edge technology. What they failed to do was find their market segment. The technology will not be relevant if it is not solving anyones problem. At his second start-up, the company grew to 15 million in revenue but then they stalled. What he quickly realized was that if you are not constantly evolving with the ever changing consumer market then you will fold. IF you want to read more about Jyoti's experience as a CEO check out the link below!


​https://www.forbes.com/sites/alejandrocremades/2019/03/31/this-entrepreneur-waited-7-years-for-his-green-card-before-selling-his-business-for-3-7-billion/#63d83a2d4d47


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1 Comment
Commercial Cleaners Newark link
9/8/2022 07:56:28 am

Nice post thaanks for sharing

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