TLDR:
- Jyoti Bansal sold his startup AppDynamics for $3.7 billion
- After the sale, he launched a VC firm and two new startups, Harness and Traceable AI
After selling his startup AppDynamics for a life-changing $3.7 billion, Jyoti Bansal found himself at a crossroads, feeling a mix of triumph and loss. Immersed in a period of soul-searching, Bansal was inspired by the documentary Jiro Dreams of Sushi, prompting him to launch new ventures with a focus on excellence and dedication to mastery in his work.
Since then, Bansal has co-founded software delivery company Harness, raising $150 million in financing and reaching a valuation of $3.7 billion. Additionally, he co-founded API security startup Traceable AI, which recently raised a $30 million funding round. Bansal’s ability to build successful companies back-to-back has earned him comparisons to the likes of Elon Musk in the B2B sector.
Investors and colleagues highlight Bansal’s unique ability to find product-market fit and attract exceptional talent, making him an outlier in the startup world. His background growing up in India, facing downturns in the industry, and navigating fundraising challenges have all shaped his entrepreneurial journey.
Bansal’s relentless pursuit of excellence and dedication to mastery have driven his success in building high-value startups. With a focus on goal-setting and vision, he continues to push the boundaries of enterprise software, leaving many to wonder where his multi-faceted entrepreneurial journey will lead next.
