8 months ago
IIT Graduate Jyoti Bansal Builds Billion-Dollar Empire
Jyoti Bansal is a very successful businessman who started his journey by moving to the US from India.
He had a dream to start his own company but couldn't do so immediately because of his H1-B visa.
So, he worked as an engineer for seven years to get a green card.
Once he got it, he started AppDynamics, a company that helps big websites like Netflix fix problems quickly.
He worked on it for more than ten years and then sold it to a big tech company called Cisco for a lot of money.
After that, he tried to retire but missed working on new ideas.
So, he started another company called Harness, which uses AI to help other companies deliver software.
This new company is also worth a lot of money, making Jyoti Bansal a billionaire.
Jyoti Bansal, an IIT Delhi graduate, moved to the US in 2001 on an H1-B visa with dreams of entrepreneurship.
He worked as an engineer for seven years to obtain a green card and start his own company.
Bansal founded AppDynamics in 2008, a platform for troubleshooting complex websites, which he sold to Cisco for $3.7 billion.
After attempting retirement, Bansal founded Harness, an AI-based software delivery platform, valued at $5.5 billion.
Bansal's net worth is now $2.3 billion, making him a billionaire.
- Who
- Jyoti Bansal, an IIT Delhi graduate
- What
- Built and sold AppDynamics, founded Harness
- Where
- United States
- When
- Started AppDynamics in 2008, sold it later, founded Harness after retirement
- Why
- To pursue his passion for entrepreneurship
Key facts
- Name
- Jyoti Bansal
- Education
- IIT Delhi
- Initial Visa
- H1-B
- First Company
- AppDynamics
- Company Sale
- Cisco
- Sale Amount
- $3.7 billion
- Current Company
- Harness
- Current Net Worth
- $2.3 billion
Quotes
Jyoti Bansal
Founder of AppDynamics and Harness, former engineer, and billionaire entrepreneur
“I strongly believe to build a company, you have to spend a lot of time on it. Ten years at least.”
livemint.com
“I tried to retire.”
livemint.com
