Nutanix CEO's Indian parents' 'stoic endurance' shaped his journey - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 98 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 42%
  • Publisher: 51%

Business Business Headlines News

$3.4 billion cloud company Nutanix was founded in the midst of the Great Recession. Here's how its CEO plans to steer it through another crisis as coronavirus takes its toll on its business.

Nutanix CEO Dheeraj Pandey is leading the 11-year-old tech company through another crisis, after the coronavirus caused its new growth strategy to stall.

They were naturally hoping for a brand that's catchy, searchable and available, but they weren't too thrilled with the top choice: Nutanic.But they fixed that problem with a minor tweak, replacing the 'c' with an 'x,' and they even added a play button to the letter on the Nutanix logo, which Pandey says speaks to what the company is about. "It's like playing music," he said. "You can stream infrastructure from anywhere.

"You can't be swayed by public markets. You need patience and stability of emotion. What it means is stoic endurance," he also said.In fact, "stoic endurance" and "adversity" are two of Pandey's favorite phrases, and used them repeatedly in a recent interview. "We're in an environment that is murky due to the impact of the coronavirus," Pandey told analysts on the earnings call.

His mother was a teacher who had to walk miles to go to school because she couldn't afford public transportation. The family relied on relatives who were also struggling. Things got so bad, her mother was forced to sell her jewellery from her wedding day so he and his siblings could go to school. "My mom had to go through a lot," Pandey said.

He arrived in Texas in 1997 at the height of the dot-com boom. He thrived at the University of Texas, he said. But he also had to worry about "economic pressures back home," including the need to buy a home for his parents. The technology emerged at a time when cloud computing was taking off in enterprise tech. The cloud lets businesses set up networks on web-based platforms run by the likes of Amazon, Microsoft and Google, allowing them to scale down or even abandon private data centers.

VMware declined to comment on the dispute. But the rivalry has become less toxic and even appeared to morph into a friendly competition. In October,

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Twitter and investors call a truce after attempt to oust CEO Jack DorseyTwitter keeps CEO Jack Dorsey as it reaches a settlement with one of the world's largest activist investment funds and private equity firm Silver Lake Twitter jack IMO very good news ! IMO parallel intelligent games/videos/streaming/ movies/Video-Conference/etc. would be nice on Twitter, find something in it. SilverLake Thanks ! I don't trust Elliott Cohn, imo they will not stop until they steal Free Speech control.
Source: latimes - 🏆 11. / 82 Read more »

Twitter Gets $1 Billion Investment That Will Keep Jack Dorsey As CEOTwitter announced today that it will accept a $1 billion infusion from a tech investment firm in a bid to keep on CEO Jack Dorsey after activist investor Elliot Management tried to push him out karaswisher profgalloway pivot jack is the Tupac of social media. You cant keep him down. So no plans to become profitable just keep raising money? This seems strange. Why infuse money for the sole purpose of trying to keep him as CEO? What magical power does he have that makes Twitter so special? It pretty much runs itself now? They certainly aren’t innovating
Source: Forbes - 🏆 394. / 53 Read more »