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Jyoti Bansal's $3.7 Billion Sale of AppDynamics Makes 400 Employees Millionaires

The sale to Cisco, while financially beneficial for many, left Bansal with mixed emotions about his decision.

  • AppDynamics founder Jyoti Bansal sold the company to Cisco for $3.7 billion just days before it was set to go public.
  • The decision transformed roughly 400 employees into millionaires, with dozens earning over $5 million.
  • Bansal prioritized his employees' financial security, weighing the benefits of the sale against potential IPO risks.
  • Despite the financial success, Bansal expressed regret, feeling he could have continued growing the company.
  • Post-sale, Bansal founded new ventures, including Harness, which reached the same valuation as AppDynamics.
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