“When a company becomes public it gives the company ever-lasting life, in a sense.”
SnapLogic CEO Gaurav Dhillon says he intends to stage an IPO for his company.
“If it has enough cash it has the ability to weather any storm,” he says.
He sees Amazon’s Jeff Bezos as a model CEO for a publically traded company.
Tech CEOs are often pretty cagey when you ask them if they will take their companies public. They don’t like to give away corporate strategy as a rule, they prefer to keep their options open, and staging an IPO can be a total nightmare of red tape, lawyers, short-term thinking, and unwanted media scrutiny.
Going public might be good for investors. But it’s usually a headache for CEOs.
Not so for Gaurav Dhillon, CEO of SnapLogic. The company gives companies that run multiple different types of software, on their own premises and in the cloud, an easy way to make them all talk to each other seamlessly — or “snap” together, to use the company’s parlance.
Tech: The CEO of SnapLogic tells us why he’s so enthusiastic about staging an IPO
