In today’s fast paced, startup-frenzied world, Zoho cofounder Sridhar Vembu is clearly an Outlier — he believes in “slow laddering” or building a company slowly, one step at a time. And to top that, he’s even shunned the venture capital monies and said “no” to an over $25 million acquisition offer from Salesforce.com during the early days of Zoho. Zoho offers a cloud software suite and SaaS applications for businesses.
With estimated revenues of over $300 million and more than 30 million users of its products, if Zoho were to be valued today, it would be over $1 billion dollars without any doubt. But Vembu believes in building institutions such as Honda, learning from Japan’s biggest, long-lasting companies.
After nearly a couple of years of chasing him, I finally managed to sit down with Vembu on Tuesday in Chennai for the Outliers podcast. It’s a long — nearly an hour — conversation that can as well be termed “a masterclass” in building a globally successful enterprise without any venture money.
Subscribe to FactorDaily
Our daily brief keeps thousands of readers ahead of the curve. More signals, less noise.
Thank you for reading FactorDaily
We hope this story worked for you.
Our journalism is produced by some of the best brains in the story-telling business who believe that good stories have only one master: you, the reader. Bringing these stories to you, just so you know, costs us a pretty dime even as the context of disruption remains unchanged in the journalism business the world over.
If you like what you read here, consider supporting the FactorDaily journey. We don’t have a paywall because we believe access to good journalism must be free to all, especially when it is in public interest and informs citizens with independence and accuracy. Such stories should not be restricted to a few who can pay. You are free to support us with any amount you like.
Please note that 18% of your contribution will be paid to government as GST, per Indian accounting rules.
Lead image: Aravind Natarajan of Zoho
Podcast produced by Shivendra Pandey.
Updated at 12.10pm on July 27, 2017, to add the credit for podcast production.