, which could, ideally, tell them what it all meant. Fraser and Brown had gone through Y Combinator together. They had raised about $160 million. They had spent countless hours sweating the technical details. But they still didn’t have a product designed for large companies.
Seated behind a desk that had belonged to his great-grandfather, who had been president of Chicago Title and Trust starting in the 1930s, Fraser stumbled upon a decidedly old-school solution to his problems. He would buy his way to viability. HVR, a competitor located in San Francisco, just across the bay from Fivetran’s Oakland headquarters, had been beating them to enterprise deals.
John Buckingham is Principal and Portfolio Manager of the AFAM Division of Kovitz Investment Group and editor of The Prudent Speculator. The company, which lands in 27th place on this year’s Cloud 100 ranking , forecasts $189 million in revenue this fiscal year , more than double last year’s figure. It now counts JetBlue, Forever 21 and chicken chain Nando’s among its customers.estimates the two cofounders each own a tenth of the company, putting their net worth at about $500 million apiece .
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