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Search resuls for: "Jay Chaudhry"


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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCompanies should embrace newer AI-based technology to improve cyber protection, says Zscaler CEOJay Chaudhry, CEO of Zscaler, discusses using AI and improving legal avenues to better address emerging and evolving cybersecurity issues.
Persons: Jay Chaudhry
In 2014, the 53-year-old founded her Minnesota-based communications firm, Digital and Savvy, to provide public relations services to large companies and CEOs, from Target to entrepreneur Gary Vaynerchuk. That was after she worked as a public relations executive for over 10 years in the Middle East, most notably as Google's head of communications for that region. One habit helped Abouelenein continue advancing her career even after starting over in another country, she tells CNBC Make It. Though she's a public relations veteran and successful CEO, she still took a "finance for non-finance executives" course last year. "In today's world, everything is changing rapidly," Chaudry told CNBC Make It recently, adding that "the way you work, how you work, where you work — all that is changing."
Persons: Maha Abouelenein, Gary Vaynerchuk, doesn't, Abouelenein, Aneesh Raman, she's, We're, Jay Chaudhry, Chaudry Organizations: Digital, CNBC, Research Locations: Minnesota
These could be for "a very top-level job," he says, and they could be for "an entry level job." 1 most important quality Chaudhry looks for is passion, he says. When it comes to hiring, Chaudhry looks for this by taking note of people's excitement. "In today's world, everything is changing rapidly," says Chaudhry, adding that "the way you work, how you work, where you work — all that is changing." To ensure a candidate has this quality, Chaudhry might give them an exercise during the interview process.
Persons: Jay Chaudhry, He's, sussing, Chaudhry, They're
When Jyoti Bansal made "the hardest decision" of his career — selling his software startup AppDynamics for billions — he did it with his employees in mind. As the startup's founder and chairman, Bansal would've become wealthy either way — but only one of his two options guaranteed the same for many of his staffers, he says. Upon Bansal's acceptance of the offer, roughly 400 AppDynamics employees saw their shares of the company rise in value to at least $1 million, a spokesperson for Bansal says. Today, he's the CEO and co-founder of two other software startups, Traceable and Harness, the latter of which was most recently valued at $3.7 billion in 2022. At least 70 of the company's 80 employees became millionaires on paper when VeriSign's stock soared two years later, Chaudhry said.
Persons: Jyoti Bansal, AppDynamics, Bansal would've, Bansal, could've, Zscaler, Jay Chaudhry didn't, Chaudhry, Get Organizations: Cisco, CNBC, SEC, VeriSign
His first was SecureIT in 1996, which was sold for $70 million in an all-stock deal two years later. He founded his most recent company, Zscaler, in 2008, and is currently serving as its CEO. With so many companies founded, Chaudhry has done his fair share of hiring. People who focus on 'building fiefdoms'One thing Chaudhry pays attention to is how interviewees measure success. Instead, Chaudhry is interested in hiring people who know that "it's the growth that's very, very important," he says.
Persons: Jay Chaudhry, AirDefense, Zscaler, Chaudhry, doesn't, they're Organizations: Builders
The 66-year-old co-founded his first company, SecureIT, with his wife in 1996. He then founded three other companies, AirDefense, CipherTrust and CoreHarbor, all of which were ultimately acquired. In 2008, he founded his current venture, cybersecurity company Zscaler, at which he now serves as the CEO. Zscaler has a current market cap of $25.31 billion as of Thursday. When it comes to what traits it takes to succeed, Chaudhry cites one characteristic: passion.
Persons: Jay Chaudhry, Zscaler, Chaudhry Organizations: Forbes
And the latest is another cybersecurity company, Zscaler, which he founded in 2008 and which has a market cap of $24.13 billion as of Wednesday. Here's how both types of workers function and why you should try to be each throughout your career. "Often builders can scale" and help a company grow, he says. Big companies tend to have more systems in place to ensure their many employees work together harmoniously. For them, "the ability to build teams, inspire them, grow them to scale the business" is ultimately what's important.
Persons: Jay Chaudhry, He's, Chaudhry's, Chaudhry Organizations: Forbes, Builders
When Jay Chaudhry sold his first company for $70 million, he focused less on his own riches, he says — and more on how the deal could turn dozens of his employees into millionaires. Chaudhry, 65, is known today as the billionaire founder and CEO of Zscaler, a cloud cybersecurity firm valued at roughly $28 billion, as of Wednesday afternoon. Nearly two years after the deal closed, as VeriSign's stock price soared, more than 70 of SecureIT's 80 employees "on paper, were millionaires," Chaudhry tells CNBC Make It. "People were going crazy in the company, because they had never thought of so much money," he says. The bubble burst later that year, and VeriSign's stock lost roughly 75% off that high point at the end of 2000, sinking to a low of nearly $4 in 2002.
Persons: Jay Chaudhry, Chaudhry, Jyoti Organizations: CNBC
He's currently CEO of Zscaler, the cloud security company he founded in 2007, which is valued at $28.56 billion as of Monday morning. "I think it's to make a difference in the world," Chaudhry tells CNBC Make It. Growing up in a farming village in rural India, Chaudhry says he "never had money in my early childhood." In his youth, his idea of success never even hinted at the prospect of launching a business, much less one worth tens of billions of dollars. He had a good job with financial security, yet he couldn't help but think: "There may be an opportunity to make a big difference'" if more companies got on the internet, he says.
Persons: Jay Chaudhry, Chaudhry, Jyoti, Zscaler Organizations: He's, Zscaler, CNBC, University of Cincinnati, IBM, Unisys, Netscape, Forbes Locations: India
Chaudhry, the 65-year-old founder and CEO of cloud security giant Zscaler, has an estimated net worth of more than $11 billion. Some people get money [and] need to buy five houses and boats and planes and all of this kind of stuff. Some people get money [and] need to buy five houses and boats and planes and all of this kind of stuff. Owning 100% of your company early on allows you to control your own business decisions, which Chaudhry recommends. "Once you raise money, that's not an accomplishment, that's an obligation," he told Ryan Seacrest in a 2019 interview, "because "now you're reporting to whoever you raised money from."
Persons: Jay Chaudhry, he's, Chaudhry, Jyoti, , SecureIT, I'm, Zscaler, Jay, I've, VCs, Mark Cuban, that's, Ryan Seacrest Organizations: Cuban Locations: India
Not really," Chaudhry, the billionaire founder and CEO of cloud security company Zscaler, tells CNBC Make It. Together, they plunged their life savings — roughly $500,000 — into SecureIT, a cybersecurity software startup they co-founded in 1997. His timing was perfect: In 1998, Chaudhry sold SecureIT to VeriSign in an all-stock deal worth nearly $70 million. I said, "If [Netscape co-founder] Marc Andreessen could start a company — he was a young guy [right] out of college — why shouldn't I start a company?" It took us a few years to really start getting traction in the market, and VCs can write you off and move on.
Persons: Jay Chaudhry, he'd, Chaudhry, Jyoti, SecureIT, Chaudhry —, , Marc Andreessen, Let's, we'd, Zscaler, you'll, VCs Organizations: IBM, Unisys, CNBC, Netscape, Atlanta, Software, BellSouth, Fortune, Forbes, IDC, Gartner, VCs Locations: India, SecureIT, Atlanta, Alpharetta , Georgia
And Veeva's CEO said on his company's earnings call that generative artificial intelligence has been "a competing priority" for customers. Add it all up and it was a brutal week for software and enterprise tech. "Every enterprise software company kind of has adjusted" since after the pandemic, Benioff said on his company's earnings call. "Macroeconomic headwinds are still out there," Okta finance chief Brett Tighe said on the company's earnings call. Veeva CEO Peter Gassner cited "disruption in large enterprises as they work through their plans for AI."
Persons: Marc Benioff, Dell, Salesforce, Benioff, Brett Tighe, Daniel Dines, Dines, Rob Enslin, Tomer Weingarten, Peter Gassner, Gassner, Zscaler, Jay Chaudhry, — CNBC's Ari Levy, FBB, Mike Bailey Organizations: Salesforce, Economic, Computing Fund, Dell, Barclays, CNBC Locations: Davos, Switzerland, Paycom, U.S, UiPath, reprioritize
Zscaler CEO Jay Chaudhry goes one-on-one with Jim Cramer
  + stars: | 2024-05-31 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Zscaler CEO Jay Chaudhry goes one-on-one with Jim CramerZscaler Chairman and CEO Jay Chaudhry joins 'Mad Money' host Jim Cramer to talk quarterly results, its latest AI investments, the state of cybersecurity and more.
Persons: Jay Chaudhry, Jim Cramer Locations: cybersecurity
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailZscaler CEO Jay Chaudhry: We're making good cybersecurity progress with the U.S. governmentJay Chaudhry, Zscaler CEO, joins 'Closing Bell Overtime' to talk quarterly results, the cybersecurity space, government partnerships and more.
Persons: Jay Chaudhry Organizations: U.S
Zscaler CEO Jay Chaudhry on cybersecurity in 2024
  + stars: | 2024-01-02 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailZscaler CEO Jay Chaudhry on cybersecurity in 2024Jay Chaudhry Zscaler CEO, joins 'Closing Bell Overtime' to talk cybersecurity risk ramping up and how to combat it.
Persons: Jay Chaudhry Locations: cybersecurity
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailZscaler CEO on cybersecurity: We need to fight against AI, with AIJay Chaudhry, Zscaler CEO, joins 'Closing Bell Overtime' to talk quarterly results, what is driving the companies growth, cybersecurity and more.
Persons: Jay Chaudhry
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailZscaler CEO Jay Chaudhry talks 2024 outlook after quarterly earnings beatJay Chaudhry, Zscaler CEO, joins 'Closing Bell Overtime' to talk quarterly earnings, his upbeat 2024 outlook, softening in the cybersecurity space and more.
Persons: Jay Chaudhry
Every company needs better cybersecurity and to save money, Zscaler does both, says CEO Jay Chaudhry'Mad Money' host Jim Cramer sits down with Zscaler CEO Jay Chaudhry to discuss the company's recent success, the state of the cybersecurity space and more.
Persons: Jay Chaudhry, Jim Cramer Organizations: Zscaler
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailZScaler and Rubrik CEOs on securing the cloud through new partnershipZScaler CEO Jay Chaudhry and Rubrik CEO Bipul Sinha, joins 'Closing Bell: Overtime' to discuss cybersecurity and the company's partnership with each other.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCybersecurity consolidation will happen more and more next year, says Zscaler CEOJay Chaudhry, Zscaler founder and CEO, joins 'TechCheck' to discuss Chaudhry's forecast for 2023, if next year will be a consolidation year for cybersecurity and Chaudhry's thoughts on the frequency of cyber breaches.
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