From Hardcore Techie to Unicorn Entrepreneur: Dheeraj Pandey, Founder of Nutanix (Part 4)

Sramana Mitra: What was the size of your Blumberg Capital round? What milestones were you able to achieve with that?

Dheeraj Pandey: It was a million and a half. Word spread out that three Aster Data people had started a company. Lightspeed came within 10 months and we raised a $10 million round and converted the safe. We were trying to use our skills to try and build a distributed system story around one of the favorite movements at that time – virtualization.

From Hardcore Techie to Unicorn Entrepreneur: Dheeraj Pandey, Founder of Nutanix (Part 3)

Sramana Mitra: Going from a techie to an entrepreneur, I presume you did a lot of founder-led selling. What was that transition like?

Dheeraj Pandey: One is just humanism. Business is about people. You have to connect with people. Difficult words like negotiation – if you replace this with building trust, it’s much easier. People want to give you a chance if you are authentic. At the same time, this idea of not overpromising but underpromising and overdelivering. That’s the way we built trust.

From Hardcore Techie to Unicorn Entrepreneur: Dheeraj Pandey, Founder of Nutanix (Part 2)

Sramana Mitra: When you decided to start Nutanix, what was your understanding of the problem that you were going to go after? Did you have a clear vision of the problem you were going to solve?

Dheeraj Pandey: We had an idea based on our skillsets and passion for distributed systems. If you look at my pattern over those 10 years, I was just building distributed systems. Reliability, availability, serviceability – all these were etched into my fabric. I was like, “Let’s figure out a way to bring this out through an idea.”

From Hardcore Techie to Unicorn Entrepreneur: Dheeraj Pandey, Founder of Nutanix (Part 1)

Inspiring story of a passionate technical founder who has built one of the iconic fast growth Unicorns in the tech industry.

Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?

From MIT PhD Student to Machine Learning Entrepreneur: Verta.ai CEO Manasi Vartak (Part 4)

Sramana Mitra: Besides the guy you brought in from Twitter, who else did you bring in as your key team member? How did you find them?

Manasi Vartak: I recruited through normal channels whether it was through Angel List or emailing people. I also started with a small set of contractors overseas. This was after I had some seed money. That gave us a good start. We still work with them.

Sramana Mitra: What kind of functions?

From MIT PhD Student to Machine Learning Entrepreneur: Verta.ai CEO Manasi Vartak (Part 3)

Sramana Mitra: If you’re an MIT founder, I don’t think gender matters at all.

Manasi Vartak: Based on my experience, I would push back. It’s definitely different. I don’t think it’s terrible. MIT gives you a significant leg up. The other thing that was helping here was that it was an open-source tool that people were using. It wasn’t a question of building, it was more of getting people to pay for it.

Sramana Mitra: You have the product out there as an open-source tool.

From Developer to 2-Time Successful AI Entrepreneur with Exits: Behamics CEO Valon Xhafa (Part 5)

Sramana Mitra: How long did you work in Europe and when did you start coming into the US market?

Valon Xhafa: I worked in Europe for two years and then we started to gain a lot of traction. We suddenly found out that we were getting traction from US.

Sramana Mitra: How were you finding customers?

From MIT PhD Student to Machine Learning Entrepreneur: Verta.ai CEO Manasi Vartak (Part 2)

Sramana Mitra: Tell me more about the transition from being a PhD student to becoming a startup founder.

Manasi Vartak: As with all startups, it’s fun and hard. While I was wrapping up my PhD, I had been reasonably connected in the VC community in Boston. I was on the student team that ran a VC program, so I got exposed to the VC world. I started gathering information and talking to people who might want to buy the system we were building. Also, trying to learn about fundraising and building a team. It was many months before I incorporated and got things rolling.