'Jugs of coffee, lots of Advil, and we didn't sleep for 4 days': A startup founder reveals what it was like to sell his company for $3.7 billion

• Jyoti Bansal’s company AppDynamics was set to IPO when he received an offer to sell his company for $US3.7 billion.
• In an interview with Business Insider, Bansal reveals how he grappled with the decision to sell his company.

On a cold winter night in New York last January, the founding members of app analytics company AppDynamics were in a celebratory mood.

In 26 hours, the San Francisco-based company that many of them had helped grow from a struggling startup to a multi-billion dollar business, was set to IPO on the Nasdaq. Many of the executives were laying out their suits, tailor-made for the occasion, to ring the bell on opening day.

But the mood of AppDynamic’s CEO, Jyoti Bansal, wasn’t so triumphant.

Bansal hadn’t slept in four days. Unbeknownst to AppDynamic’s jubilant staff, for the past 96 hours, their company’s chief executive had been running back and forth to 14-hour board meetings, visiting his lawyer’s offices, and worriedly pacing around his dining room floor in between video conference calls. Read more

Zoe Bernard - Business Insider Australia - 14 May 2018