Interop
Rajiv Ramaswami, then executive VP and GM at Broadcom, speaking at Interop 2013. Ramaswami is now president and CEO of Nutanix.
VMware Is Said to Have a Weak Case Against Nutanix’s New CEO The company faces a steep hill in proving its former COO actively harmed its business when negotiating with the competitor.
Unless VMware can prove that its former executive who recently became CEO of Nutanix disclosed trade secrets or actively competed against VMware while still employed there, it appears to have a weak case, a law expert specializing in such matters told DCK.
In December, VMware sued its former COO Rajiv Ramaswami, accusing him of breaching his contract and duties while he was being interviewed and recruited for the chief executive role at Nutanix, VMware’s close competitor.
ETtech Bytes On 20 Jan. 2021: Top 5 Tech News Today, In 10 Minutes
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Last Updated: Jan 20, 2021, 08:54 PM IST
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From Indigo Paints IPO bringing gains for Sequoia Capital and technical glitches for Zerodha, to Jack Ma appearing in the public for the first time since October, here’s a look at the Top 5 tech news today.
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Good evening, ETtech reader.
Indigo Paints IPO has brought with it bumper gains for Sequoia Capital and technical glitches for Zerodha. Fireside Ventures has announced the final close of its second fund, and Indian IT firms aren’t giving up on their campuses yet. Also, Jack Ma is back!
With Indigo Paints IPO, Sequoia Capital clocks another big gain from a non-tech bet
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Sequoia Capital will garner up to Rs 650 crore by selling 7-8% stake in the Indigo Paints in IPO process. It will continue to hold about 28% of the company.
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Mumbai:Sequoia Capital, among the world’s most successful technology investors, is scripting a big win from a non-technology company in India a trend the fund has consistently seen locally, unlike the US and China markets.
The Silicon Valley-based venture capital firm, an early investor in Apple, Google, WhatsApp and Airbnb among other technology firms, is likely to garner up to Rs 650 crore by selling 7-8% stake in the Indigo Paints IPO, which opened on Wednesday.
Netflix topped on Tuesday subscriber growth expectations in the past quarter, keeping ahead of new streaming rivals competing for viewers stuck in their homes during the coronavirus pandemic. The streaming television leader added some 8.5 million paid subscribers in the past quarter to reach 203 million, topping 200 million despite recent price hikes, its quarterly earning update showed.
India s win in Australia: Aussie fan s Bharat Mata ki Jai chant leaves everyone emotional
We have heard several stories of rags to riches and companies that were started in garages went on to become the world s most valuable conglomerates. But venture capitalists (VCs) are known to dip their toes in new waters every now and then, and it is not every day that those investments return fortune. One such inspiring tale is of Chamath Palihapitiya, the billionaire venture capitalist, who almost backed out of making his life s most valuable investment.
NBA s star team Golden State Warriors was the prized procession and it sure wasn t an easy bid, especially when competing against Oracle founder Larry Ellison. While it took a lot of effort to close the bid on the Warriors at an NBA record of $450 million in 2010, Joe Lacob, partner at Kleiner Perkins – a Silicon Valley-based VC investing firm, wasn t one to give up. But within that story of how Lacob won over then-owner and founder of