CEO and Co-founder at @Egnyte. It's the age of Stallions, Unicorns is passé.
Apr 23, 2019 • 5 tweets • 1 min read
There has been a very serendipitous shift in narratives over the past few weeks:
1) Profitability over Growth
2) Privacy and Regulation over Data Monetization
These are both principles that have been core to our team at @Egnyte. 1/
We are committed to building a successful business with fiscal responsibility that is sustainable for the long-term. We partner with businesses and grow with them as their needs evolve. 2/
Apr 18, 2019 • 8 tweets • 3 min read
I don't typically do this but I have a lot to say re: the @zoom_us IPO..
I am usually seen as the antithetical Silicon Valley CEO - I did not raise exorbitant amounts of capital. I did not expand in normal Tier 1 cities. I did not build @Egnyte with a growth-at-any-cost mindset.
I DID build our company around fundamental financial principles that have stood the test of time, the most important one being PROFITABILITY. Before the "growth over profits" strategy came into play, companies who went public needed to be cashflow positive (by way of EBITDA)
