Rubrik’s Journey to a $6 Billion IPO: A Look Back at Greylock’s Investment

Greylock Partner Asheem Chandna’s prescient investment in Rubrik pays off as the data management and recovery startup goes public with a market cap of over $6 billion. Chandna’s belief in the importance of people and grit in building successful companies is highlighted as key factors in Rubrik’s success. Despite facing challenges in recruiting talent and navigating a lukewarm IPO environment, Rubrik’s founder Bipul Sinha’s determination and ambition have propelled the company to achieve nearly $800 million in annualized recurring revenue. Chandna’s successful track record as an investor in companies like Palo Alto Networks, AppDynamics, Sumo Logic, and Arista Networks further underscores his keen eye for identifying promising startups. As Rubrik’s journey unfolds, Chandna remains optimistic about the future of other Greylock portfolio companies like Abnormal Security, Cato Networks, Discord, Figma, and Lyra Health.