Ping Identification was within the information final week with a huge deal to promote itself to non-public fairness traders after a number of years as a public company.
Ping CEO Andre Durand launched his identification firm manner again in 2002, elevating round $128 million in enterprise funding alongside the way in which. In a 2015 interview with TechCrunch, Durand talked about going public inside a 12 months or two. That didn’t occur, not less than not then, however what did occur could also be one of many stranger founder tales ever advised — one with twists and turns Durand admits he might by no means have imagined.
“There’s no manner I might have predicted the sequence of occasions which in the end led me right here. To start with, there’s all the time a number of methods to develop, a number of methods to succeed. There’s not one path. That’s one thing I’ve come to form of recognize and understand,” Durand advised me in an interview final week, throughout which he mentioned his uncommon startup journey.
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