Scott Hansbury
๐ค SpeakerAppearances Over Time
Podcast Appearances
It was actually...
not quite the decision that you would normally take to get from uh you know going from a corporate larger companies to the startup world mine actually was more family related um my dad and mom live in arizona i was working at sun in california and i got the dreaded call and my dad was quite sick so i actually resigned that day
moved to Arizona to take care of them and get into the startup world.
That's what drew me to the startup world.
And what year was that?
Okay, there's been a few.
I think the very first one, I was working with a company called High Ground Systems in Boston.
And I was commuting from Phoenix area to Boston for that, working in the corporate development area as a vice president of corporate development.
And that company was doing quite well, was starting to develop a technology that now today is pretty widespread known as virtualization.
to help enterprises manage their storage systems.
And we were able to build that up.
We went through, you know, going into our mezzanine round of funding.
Yeah, yeah, sure.
We had gone through an A round, a B round, a C round, so multiple rounds of funding.
And we were looking at this as our kind of our final round and then actually looking at IPOing the company.
But during that phase of fundraising and getting ready for an IPO, we were able to garner multiple offers to acquire the company.
And we ended up accepting an offer from Sun Microsystems for $400 million.
And what was revenue?
What have you grown revenue to before you sold?
The revenue at that time was right around $15 million.