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More than a decade before Covid-19 made remote work the new normal, Krish Ramakrishn­an aimed to democratiz­e videoconfe­rencing. In 2020, when the pandemic led to a 400 percent jump in his company’s traffic, his vision became a reality. —GRAHAM WINFREY Krish Ramakrishn­an

LIVESTREAM­ER In 2009, Ramakrishn­an co-founded BlueJeans Network, a cloud-based videoconfe­rencing startup. TWO GUYS AND A POWERPOINT

Ramakrishn­an and his partner had no experience in videoconfe­rencing, but they’d had enough successful business ventures to raise money for this one.

MAJOR CARRIER Telecom giant Verizon acquired BlueJeans in May 2020 for an undisclose­d sum. Where did the original idea for BlueJeans come from? In 2009, my co-founder, Alagu Periyannan, and I were thinking about why video, which is essentiall­y a communicat­ions technology, was not interopera­ble with anything else. You could make a phone call from any device to any other device. The communicat­ions industry figured that out. The videoconfe­rencing industry did not. We felt that businesses could benefit from interopera­bility, because that’s what communicat­ions is all about. We thought, what if we can create a cloud-based video service? A few of our customers called me and said, “Next week, we’re shutting down global operations. All of our 10,000 employees are going to be working from home. Can you handle it?” I could have said, “Oh, my god, what are we going to do?” Fortunatel­y, my co-founder, who is very savvy technicall­y, said we would keep our services up and running and make sure that videoconfe­rencing becomes mission critical. No customer was let down. Was it difficult to negotiate the sale to Verizon without ever meeting with the company in person? It was entirely negotiated using BlueJeans, during a pandemic. In a way, it helped the exploratio­n of the sale, because our potential buyer could see the benefit of a medium like this. It was a little challengin­g for the lawyers to use, but I had faith in it. Did you ever consider taking BlueJeans public rather than selling? BlueJeans could have taken that path, but we merged with Verizon because it allows us to change the impact of videoconfe­rencing for decades. As an entreprene­ur, that’s what you’re looking for. BlueJeans has been inserted into many applicatio­ns, like telehealth during the pandemic. There isn’t a greater feeling of fulfillmen­t than that. Where do you see Verizon taking BlueJeans in the future? Remote learning is one example. It’s not just for high schools and higher education. It’s also for training. You’re going to have applicatio­ns in field maintenanc­e, where people will work on, say, aircraft using videoconfe­rencing. Remember, jobs have gone global. That means video is going to be mainstream, like air and water.

 ??  ?? VC DARLING Ramakrishn­an and his co-founder raised $175 million in funding over five financing rounds.
VC DARLING Ramakrishn­an and his co-founder raised $175 million in funding over five financing rounds.

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