Why 99.9% Of Tech Companies Aren’t An Instant Success | Keen On…



Reggie Aggarwal, the founder and CEO of Cvent, describes himself as a “15 year overnight success”. Having founded Cvent in 1999 and raised $17 million for this cloud based B2B event management platform, Aggarwal’s startup experienced near-death after the dotcom crash of May 2000. But in spite of laying off 80% of his staff, Aggarwal persevered, kept 90% of the original executives on his team and eventually succeeded in building a very successful company. Cvent went public last August and the company now has a $1.5 billion market cap.

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