By selling, he believed he minimized that risk for his employees and created significant financial benefits for them.

A graduate of IIT Delhi and based in San Francisco, Jyoti Bansal, the founder of AppDynamics, decided to sell his company keeping the welfare of employees in mind. When tech giant Cisco offered to acquire the company for $3.

Jyoti Bansal sold his startup AppDynamics to Cisco for $3.7 billion, raising the values of the shares held by his employees to at least $1 million each

But selling the company he had founded in 2008 was not a joyous occasion for Jyoti Bansal, it was the 'saddest day'. 'I spent nine years of my life fully dedicated to what we were building there. Suddenly,

In 2017, Jyoti Bansal, a San Francisco-based entrepreneur born in India, made headlines when he sold his software start-up, AppDynamics, for $3.7 billion. The sale, which benefited nearly 400 of his employees by turning them into millionaires, was a bittersweet moment for Bansal, as reported by CNBC.

An Indian-origin founder opted for a unique strategy to create financial benefits for his employees. Those who used to work in the start-up AppDynamics have now become millionaires. In 2017, Jyoti Bansal,

An Indian-origin entrepreneur whose decision to sell his startup to Cisco turned 400 of his employees into millionaires, said he regrets the deal. Jyoti Bansal, founder of San Francisco-based software company AppDynamics,