25:
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for the event-management software company, Bansal is credited with helping Cvent navigate the burst of the dot-com bubble and, more recently, pushing the firm to expand into mobile and social applications. On August 9, 2013, Cvent had its initial public offering with a price of $ 21, and Bansal owned
334:
The
Advisory Board Company (NASDAQ:ABCO), as a member of the board of directors from November 2009 to 2018. In 2018, The Advisory Board Co. was acquired by UnitedHealth Group and Vista (a private equity firm) in a $ 2.6 billion deal that split the consulting group's healthcare business from its
249:
and Thomas Spahr, Bansal co-founded MicroStrategy. Bansal helped build MicroStrategy with no venture capital, often working 80 to 100 hours per week to get the company off the ground. During this time, the company experienced rapid growth, increasing revenues by 100% every year between 1990 and 1996.
304:
CareJourney, as co-founder and executive chairman. CareJourney supports payer, provider, and life sciences organizations across the US by wringing insights out of claims data. CareJourney advises on network design and management, patient risk segmentation, spend and utilization trends, and provider,
406:
Bansal served on the Board of
Directors for Wolf Trap Foundation for the Performing Arts from 2000 to 2006. Located near Vienna, Virginia, Wolf Trap is the only National Park dedicated to the performing arts. The Bansal Foundation contributes to organizations including XPrize, the Washington Humane
272:
Subsequently, the company's stock price plummeted, from a high of $ 333.00 in March to a low of $ 9.25 by
December 2000. As chief operating officer, Bansal played a significant role in getting MicroStrategy back on its feet. He was instrumental in raising more than $ 175 million in the following 17
364:
Perspecta (NYSE: PRSP), as a member of the board of directors since June 2019. Perspecta, a
Fortune 1000 company with over $ 4B in revenue and 14,000 employees, serves the U.S. government by modernizing computer systems, protecting networks and assets, and improving government effectiveness and
294:(NASDAQ: EVER), as a member of the board of directors since May 2014. EverQuote is an internet marketing firm focused on applying mathematics and technology to auto insurance carriers’ customer acquisition programs. Everquote completed its IPO in June 2018.
394:
In 2016, Bansal joined the XPrize
Foundation Innovation Board. Since 1994, the XPRIZE Foundation has designed and operated 17 competitions in the domain areas of Space, Oceans, Learning, Health, Energy, Environment, Transportation, Safety and Robotics.
850:
273:
months to keep the company going and expanding business into China in 2002. The company employed more than 3,200 people worldwide and reported revenue of $ 594.61 million in 2012. As of 2013, the company has operations in 26 countries.
390:
In 2020, he was also appointed chairman of the advisory board of
Virginia Tech’s Innovation Campus. The Innovation Campus will be the school's $ 1 billion computer science-focused graduate campus, located in Alexandria, Virginia.
297:
Vestmark, as a member of the board since
January 2016. Vestmark offers a technology platform to enable broker-dealers, investment managers, RIAs, bank trusts, and other financial firms to deliver wealth management and advisory
636:
398:
In May 2010, the
Kailash Goyal Foundation, with aid from the Bansal Foundation, opened the JK Shanti Charitable Clinic, a free clinic to support the medical needs of the villagers and laborers near the Indian town of
374:
In 1999, Bansal established the Sanju K. Bansal
Foundation. The foundation tagline is "helping people help themselves through improved access to information." The foundation is known for its financial sponsorship of
500:
360:
technologies to report on customer experience data. In
October 2021, Qualtrics (NASDAQ: XM), the leader and creator of the Experience Management (XM) category, announced that it acquired Clarabridge for $ 1.1
265:. In December 2000, Saylor, Bansal, and the company's former CFO settled with the SEC without admitting wrongdoing by each paying $ 350,000 in fines. The officers also paid a combined total of $ 10 million in
210:
His father, Ved Bansal, came to the United States in 1959 with $ 1. His father's work ethic and emphasis on math and science in childhood has been cited as the foundation for his later education and career.
288:
SimilarWeb (NYSE:SMWB), as a member of the board of directors since 2021. SimilarWeb is an Israeli based software & data company specializing in web analytics, web traffic and performance.
944:
308:
AIS, as a member of the board of directors since September 2020. AIS is a technology firm that helps organizations migrate to the Microsoft Azure cloud and modernize their applications.
640:
301:
Verato, as a member of the board of directors since January 2016. Verato is a SaaS-based platform that cleans, updates, and links customer records within and across systems.
577:
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and emigrated with his parents to the United States when he was two years old. The family settled in the northern Virginia suburbs of Washington, DC. He attended
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In 2013, Bansal co-founded Hunch Analytics with Aneesh Chopra, which currently contains one portfolio company: CareJourney, a healthcare data analytics firm.
261:
Later that month, MicroStrategy announced that it would restate its financial results for the preceding two years, which resulted in an investigation by the
171:. He served as the company's vice chairman of the board of directors and executive vice president till November 14, 2013. From 1993-2012, he served as
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approximately 3.3 million shares, or 7% of the company. On April 18, 2016, Cvent announced that the company was acquired by
321:, as vice-chairman of the board of directors. Bansal served on the MicroStrategy board from September 1997 to November 2013.
183:, a cloud-based event management software provider, and The Advisory Board Company, a technology research services company.
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341:(Formerly NYSE:CVENT), as non-operating co-creator and member of the Cvent Board of Directors since 1999. Providing the
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411:(NFTE), Upakar Indian-American Scholarship Foundation, the Kailash Goyal Foundation, The Global India Fund, and
559:
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efficiency. In January 2021, Veritas Capital acquired Perspecta in all-cash transaction valued at $ 7.1 billion.
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1251:"Global India Fund's 'Invest in Girls, Invest in a Stronger Future' with Ashley Judd Raises $ 150K"
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93:
356:, as a member of the board of directors since March 2010. Clarabridge utilizes speech-to-text and
50:
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Directly out of college, Sanju Bansal worked for the technology and management consulting firm,
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of approximately $ 24 billion, making Bansal and other company leaders billionaires on paper.
246:
223:
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969:
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826:"MicroStrategy Announces Fourth Quarter 2012 Financial Results - MicroStrategy Incorporated"
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and, on its first day of trading, the stock price doubled. By March 2000, the company had a
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945:"Advisory Board split in $ 2.6B deal with UnitedHealth's Optum buying healthcare business"
204:
168:
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970:"After Seed Labs, Cvent Snags CrowdCompass For $ 10M To Double Down On Mobile Event Apps"
327:(NYSE:CSRA), as a member of the board of directors from 2016-2018. On February 12, 2018,
851:"Former MicroStrategy executive Sanju Bansal now CEO of Arlington-based Hunch Analytics"
448:
100 Top Tech Titans, a list honoring the top 100 leaders of Washington DC's tech world.
357:
175:
of MicroStrategy. Bansal serves or has served as a member of the board of directors of
115:
Co-Founder, Former Vice Chairman of the Board, and Former Executive Vice President of
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88.5, American University Radio. WAMU 88.5 is the leading public radio station for
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869:"EverQuote Appoints Sanju Bansal and John Lunny to its Board of Directors"
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Perspecta, EverQuote, Cvent, Clarabridge, Vestmark, Verato, CareJourney,
192:
1064:"Clarabridge Adds MicroStrategy's Sanju Bansal to Board of Directors"
893:
501:"Capital Buzz: MicroStrategy's vice chairman gives up his day job"
433:
338:
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760:"30 Years: In 2000, MicroStrategy restated two years of earnings"
376:
1040:"Vista Equity Partners Completes Acquisition of Cvent | Cvent"
387:
area. In 2020, Bansal became a trustee of the NPR Foundation.
380:
18:
284:
Bansal serves as a board member for the following companies:
155:, a worldwide provider of enterprise software platforms for
305:
practice, and facility (acute and post-acute) performance.
1207:. Indian-American Scholarship Foundation. Archived from
403:. The clinic treats approximately 20,000 people a year.
179:, a technology services provider to the US government,
42:
994:
Capital, Contributor Renaissance Capital Renaissance.
920:"General Dynamics to Acquire CSRA for $ 9.6 Billion"
795:
793:
535:"Cvent Announces Pricing of Initial Public Offering"
1186:. Network for Teaching Entrepreneurship. 2012-06-01
131:
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79:
72:
1314:"Style Setters 2009: Sanju Bansal - Washingtonian"
439:In 2009, 2011, and 2013, Bansal was named one of
738:"Historical Prices: MicroStrategy, Inc. (MSTR)"
413:Wolf Trap National Park for the Performing Arts
331:announced it was buying CSRA for $ 9.6 billion.
432:Outstanding Directors award for his work with
8:
996:"Cvent prices IPO at $ 21, above the range"
801:"About Us - We Turn Data Into Intelligence"
537:. Herald Online. 2013-08-08. Archived from
98:Massachusetts Institute of Technology (MIT)
69:
1274:. Washington Business Journal. 2013-03-01
1090:"Nonprofit Report for Bansal Foundation"
689:"For MicroStrategy, A Matter of Timing"
578:"MicroStrategy's CEO Sped to the Brink"
494:
492:
466:
263:U.S. Securities and Exchange Commission
119:; Co-Founder and CEO of Hunch Analytics
1021:
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781:'MicroStrategy reorganizes management'
1386:Indian emigrants to the United States
1272:"Outstanding Directors: Sanju Bansal"
409:Network for Teaching Entrepreneurship
7:
1381:21st-century American businesspeople
1376:20th-century American businesspeople
1341:American technology chief executives
639:. NASDAQ. 1998-06-11. Archived from
476:"The Reeducation of an Internet CEO"
383:news and information in the greater
250:In June 1998, MicroStrategy had its
687:Hilzenrath, David S. (2000-03-22).
663:"MicroStrategy's boy king grows up"
637:"Initial Public Offerings Key Data"
14:
1351:MIT School of Engineering alumni
1249:Sridhar, Srimathi (2013-03-08).
1138:"Philanthropic 50: Sanju Bansal"
23:
1356:Johns Hopkins University alumni
661:Kaplan, David A. (2012-07-12).
218:in electrical engineering from
151:businessman, the co-founder of
96:in Electrical Engineering from
714:"Forbes Faces: Michael Saylor"
576:Leibovich, Mark (2002-01-06).
207:where he was a valedictorian.
201:Lake Braddock Secondary School
1:
762:. Washington Business Journal
451:In 2009, he was named one of
423:In 2013, Bansal received the
245:In 1989, with MIT classmates
1371:Businesspeople from Virginia
611:Glasser, Jeff (1996-07-15).
499:Heath, Thomas (2013-11-17).
474:Salter, Chuck (2007-12-19).
228:The Johns Hopkins University
106:The Johns Hopkins University
1366:People from Burke, Virginia
1293:"Washingtonian Tech Titans"
785:Washington Business Journal
613:"From the Ground Up and Up"
564:Washington Business Journal
426:Washington Business Journal
16:Indian-American businessman
1402:
830:MicroStrategy Incorporated
758:Flook, Bill (2012-03-23).
32:This biographical article
1111:"WAMU Annual Report 2011"
712:Lau, Debra (2000-12-18).
665:. Fortune. Archived from
226:in computer science from
104:in Computer Science from
1142:Washington Life Magazine
187:Early life and education
1230:"JKShanti | Foundation"
252:initial public offering
173:chief operating officer
419:Recognition and awards
348:Vista Equity Partners
157:business intelligence
45:by revising it to be
873:www.businesswire.com
169:cloud-based services
132:Board member of
1361:People from Patiala
1295:. The Washingtonian
918:Dynamics, General.
693:The Washington Post
617:The Washington Post
583:The Washington Post
566:, November 27, 2000
506:The Washington Post
350:for $ 1.65 billion.
240:Booz Allen Hamilton
216:Bachelor of Science
191:Bansal was born in
1163:"Fashion for Paws"
1070:on 25 January 2013
1024:has generic name (
924:www.prnewswire.com
855:washingtonpost.com
787:, October 22, 2012
214:Bansal received a
127:1990–Current
949:Modern Healthcare
857:. March 26, 2014.
458:"Style Setters".
453:The Washingtonian
442:The Washingtonian
280:Board memberships
247:Michael J. Saylor
224:Master of Science
142:
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124:Years active
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1316:. 1 October 2009
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313:Previous Boards
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205:Burke, Virginia
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149:Indian-American
145:Sanju K. Bansal
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74:Sanju K. Bansal
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43:help improve it
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1000:www.nasdaq.com
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976:. 19 June 2012
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643:on 2012-03-08
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541:on 2013-08-21
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159:(BI), mobile
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1318:. Retrieved
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1209:the original
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1188:. Retrieved
1184:"Supporters"
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1167:. Retrieved
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1144:. 2018-07-07
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1118:. Retrieved
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951:. 2017-08-29
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900:. 2015-02-17
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875:. 2015-05-26
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