Ashu Garg’s Post

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Enterprise VC-engineer-company builder. Early investor in @databricks, @tubi and 6 other unicorns - @cohesity, @eightfold, @turing, @anyscale, @alation, @amperity, | GP@Foundation Capital

Databricks just raised $10B at a $62B valuation. The numbers are eye-popping but look under the hood: $3B revenue run rate, growing 60% YoY, 80%+ gross margins, FCF positive in Q4, and 500+ customers spending $1M+ annually. When I invested in 2013 people dismissed Databricks as "just another Spark company." Today they're the platform of choice for enterprise AI. Credit to Ali Ghodsi and team for staying focused on the long game.

Jason M. Lemkin

SaaStr Annual 2025 is May 13-15 in SF Bay!! See You There!!

3d

Good one ;)

Sandeep Aggarwal

Founder: Droom & ShopClues | Angel Investor | Author: Fall Again, Rise Again | Passionate about India | Always Building, Creating & Curious | 2x Unicorn Founder

2d

Incredible rise and perhaps the biggest IPO next year. Hats off to you to identify this 11 year back.

Paul Horan ❄️

Principal Sales Engineer at Snowflake

3d

If you invested in 2013, haven't you just been massively diluted by this round? How are you feeling about that?

Anand Peri

Product Leader | Data Governance | Data Engineering | MDM | 15X Cloud Certified

3d

Trust will be when they go public right? If you have 3B in real revenues and 80% real gross margin... why are you still in the private equity? Interesting question!! But thing again.

I am just waiting for them to go public. Didn’t ever get a chance to be a part of the initial investment series but I would have hopped on that in any series they were in. I know when they go IPO it’s gonna be crazy to watch

Dante Işıl Özkan

✦ The Product & UX Leader ✦ Founder of OktoPeople / Venture Scout

3d

I observed that Databricks emerged as one of the top platforms for AI adoption during my benchmarking efforts. Big congrats for the well-deserved win. 👏

Mark Donnigan

Marketing Leader and Tech Company Builder

2d

Valuation isn't the sole indicator of sustainable growth. Consider potential over-reliance on a few high-spending clients and future competition in enterprise AI. Analyze market saturation risks and focus on diversifying revenue streams for long-term resilience, drawing insights from Clayton Christensen's disruptive innovation theories.

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Love to see consistent work pay off. Bravo to all involved.

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Srinivas Nimmagadda

Director of Engineering/Architecture

3d

Interesting WSJ article https://www.wsj.com/tech/ali-ghodsi-databricks-ceo-ai-4a1043aa?mod=Searchresults_pos1&page=1 Credit to Ali Ghodsi leadership and team, Congratulations.

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