254 place 7

256 Jyoti Bansal’s bittersweet $3.7B AppDynamics sale

KillerStartups
Maya Johnson @ KillerStartups 1 place · 10/11/2024 14:37 EDT

Jyoti Bansal’s bittersweet $3.7B AppDynamics sale

Jyoti Bansal made “the hardest decision” of his career when he sold his software startup AppDynamics for $3.7 billion to Cisco in 2017. AppDynamics was days away from going public, but Bansal accepted Cisco’s acquisition offer with his employees in mind. The sale made roughly 400 AppDynamics employees millionaires, with their shares rising in value ...

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