How This Indian-Origin Startup Founder Turned 400 Of His Employees Into Millionaires

In 2017, Jyoti Bansal, a San Francisco-based entrepreneur born in India, made headlines when he sold his software start-up, AppDynamics, for $3.7 billion. The sale, which benefited nearly 400 of his employees by turning them into millionaires, was a bittersweet moment for Bansal, as reported by CNBC.

AppDynamics, known for helping large companies fix problematic applications, was days away from going public when communications tech giant Cisco made an unexpected offer to buy the company. While Bansal would have become wealthy regardless, he said accepting Cisco's offer ensured a better future for many of his 1,200 employees.

Though the deal was a major financial success, Bansal described the decision to sell as "the hardest" of his career. He recalled the mixed emotions he felt on the day of the sale. “We announced the sale, and then we had a huge party at our office in San Francisco. Folks from Cisco were there. It was a very happy celebration,” the 46-year-old entrepreneur told CNBC. “But walking home after, I was sad and depressed... It’s the end of a chapter... I was kind of lost.” AppDynamics