Nutanix, which sells software for managing computing and storage in data centers, triggered a selloff after its sales forecast for the current quarter fell well short of Wall Street’s expectations. But CEO Dheeraj Pandey says Nutanix isn’t losing deals to its main rival, VMware. Nutanix beat Wall Street’s revenue forecast and posted a narrower-than-expected net loss for its fiscal...
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The Briefing markets startups
A Boring—but Important—IPO
We tend to lionize founders who start companies with the splashiest, most far-reaching consumer products. So Andrew Bialecki of $10 billion marketing tech startup Klaviyo—a name few people even know how to pronounce (it’s “clay-vee-oh”)—isn’t exactly a favorite to headline the next Code Conference.But Bialecki—a Boston-based, 37-year-old engineer who rarely gives interviews anyway—should be...
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