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.

Since the sale, Jyoti Bansal has continued his entrepreneurial journey, co-founding two new startups: Traceable and Harness. When asked if he would sell these ventures like he did AppDynamics, his answer was clear: “No—unless something crazy happens.

In 2017, Bansal faced a life-changing decision just days before AppDynamics was set to go public. A tech giant Cisco came in the picture with a multi-billion-dollar offer.

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,

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,

After selling AppDynamics for $3.7 billion, founder Jyoti Bansal made 400 of his employees millionaires but expressed regret about the sale.