Do you remember how many people you had, 2011/2012? Olivier Pomel is the CEO of Datadog and he founded the company in 2010. Share your thoughts in the comment section. Thats not great. Within the last three months, Olivier Pomel has sold $13,410,754.20 in Datadog stock. So we have hard real time constraints. In this section, we will talk about Olivier Pomel's personal life, life story. In a previous life, at a previous company [note: Wireless Generation, a SaaS company in New York], I was running the development team, and he was running the operation team. The next birthday of Olivier Pomel is on : yet to update. Olivier: We didnt pivot. He is Unknown years old. It didnt make sense for us to have those things being separate. What does it feel like, how is it different being an early public market CEO? We have also provided a full written transcript to make the content easy to scan through (many thanks to Karissa Domondon for her help with this). AI, Data, Culture: In Conversation with Ben Horowitz, GP, a16z, Red Hot: The 2021 Machine Learning, AI and Data (MAD) Landscape, Is Big Data Still a Thing? Matt Turck: Id love to start with some kind of a level set, to make this approachable for all kinds of audiences. Olivier: This actually is a very important point, which is how we define success for those products. In this section we will talk about Olivier Pomel's age and birthday related info. Datadog's CEO and Co-Founder, Board Member is Olivier Pomel. Youve had this very interesting horizontal expansion strategy. Im not going to act on every single piece of that, Im not going to go tell people oh you should do this about that, Im not going to opine on every single deal, every single ticket. Most of the investors you meet with, yeah maybe theyll buy in the IPO, some of them even the longer term investors are actually going to flip it right after the IPO or shortly after. Olivier: DevOps is a new way of doing things basically that collapses what used to be different worlds. Development: developers are the ones who write the applications and the code, and Operations: that used to be people who build servers and rack them and pull the network cables, that sort of thing. Required fields are marked *. The info about Olivier Pomels net worth, wiki, bio, career, height, weight, family, affairs, car, salary, age, and other details are based on Wikipedia, IMDb, Forbes, Instagram, and Facebook of Olivier Pomel. This net worth evaluation does not reflect any other assets that Mr. Pomel may own. (The 2016 Big Data Landscape), Resilience and Vibrancy: The 2020 Data & AI Landscape, A Turbulent Year: The 2019 Data & AI Landscape, Firing on All Cylinders: The 2017 Big Data Landscape, Great Power, Great Responsibility: The 2018 Big Data & AI Landscape, Internet of Things: Are We There Yet? It turns out everyone remembered Datadog so we cut the 17 so it wouldnt sound like a MySpace handle and we had to buy the domain name, but it turned out it was a good name in the end. So in the end we ended up hiring full-time engineers who are also interested in journalism, and those people exist, and have them focus on research and writing. Most people are super excited about the idea of doing it, but then most people actually dont want to do it. That really brought the developers and operations teams together, and that was a bit part of the DevOps movement. Unveiled today is one of Latin musics top artist Malumas limited edition collection with Parisian House Balmain. And I think its fine, just go to a studio and ask me some questions. We didnt need initially to have big sponsorships and large booths. Theres a bit of an uncanny valley. But youre right, I mean you have to go from being really good at coding to really good at not coding. So theres a bit of a funnel already because not everybody is going through that transition at the same time and when they go into that transition they signal it by looking for certain content or going to certain conferences. We talked about the advances of machine learning for NLP and things like that just about everybody over the age of one can speak and understand NLP but for the kind of problems we solve its going to take a team of PhD, hours, and a lot of arguing to try and figure out what actually happened in an issue. The info about Olivier Pomel's net worth, wiki, bio, career, height, weight, family, affairs, car, salary, age, and other details are based on Wikipedia, IMDb, Forbes, Instagram, and Facebook of Olivier Pomel. Your competition is going to come from people who are trying to do it differently, who are going to have a different approach and thats how theyre going to build their own traction, thats how they become a threat. Theres a saying that if you look into the wall youre going to drive into the wall, thats a bit like that. Lets talk a little about the sales motion, the go to market. "The award reflects the hard work of the Datadog team, and the . Do you want to know what is the educational qualifications of Olivier Pomel? Visit the official Facebook, Instagram, Twitter and YouTube accounts of Olivier Pomel. L-Quc and Pomel became billionaires in May 2020 after a blockbuster earnings release sent shares soaring; L-Quc owns 6% of Datadog shares. In the last year, insiders at the sold shares 60 times. In the last year, Datadog insiders bought shares 4 times. Matt: What was the trigger? The estimated net worth of Olivier Pomel is at least $19.15 million as of February 13th, 2023. Pomel and L-Quc became billionaires in May 2020 after a blockbuster earnings release sent shares soaring; Pomel owns 4% of Datadog shares. Olivier: Well I dont think I understood really what the other side was looking for and how to present it that way. And that lasts about three months, at least for us it was about three months later. Prior to their incredibly successful IPO in 2019, Olivier raised over $147M for the company from Index, ICONIQ, Meritech, IA Ventures, Amplify and OpenView, to name a few. So it was really the name of fear and pain and so when we started the company we used Data dog 17 as a code name, and we thought wed find something nicer later. Olivier Pomel is an Entrepreneur. Related by origin of wealth: cloud computing. Self-funding a business is not for the faint of heart. Along the way, they faced a lot of skepticism: Whenever we pitched West Coast investors it was sort of seen as a form of mental deficiency to be based in New York and doing infrastructure, says Olivier. Was it mostly engineers? Matt: How does [the Datadog platform and backend] work? Do you prefer being on a computer building product, solving problems on the computer or do you prefer to be on the phone with someone or in the office of a customer? Building a $12B Public Company: In Conversation with Olivier Pomel, CEO, Datadog By any measure, Datadog is an incredible entrepreneurial success story. At Krug Champagne House, headquartered in Reims, France, they have been pairing music with Krug Champagne for decades. Bachelor of Arts/Science, Ecole Centrale Paris. We actually very early on we decided we wanted to make sure customers could find us when they tried to learn about DevOps and cloud migration, which are the big trends we plug into. I guess logs were through an acquisition, and then you expanded into other things, like synthetics and other things recently. The good news is that everyone was new to DevOps and to cloud, and everyone had to learn it, and you were going to learn it in two ways: by going to conferences and by reading content online on specific topics. Datadog listed on the Nasdaq in September 2019, raising nearly $650 million and nabbing a $10.9 billion market cap on its first day of trading. He previously was Vice President-Technology for Wireless Generation, Inc. and Principal at IBM Research. Recently, I would say four years ago, as the cloud migration started to take foot in large enterprises, we started an enterprise sales force thats selling to companies at 5,000 employees. Datadog was founded in 2010 [2] by Olivier Pomel and Alexis L-Quc, who met while working at Wireless Generation. In each of these companies it was at least the team and in some the technologies and in some the customer experience. Olivier Pomel, Datadog CEO and co-founder, joins "Squawk on the Street" to discuss the company's public debut. Olivier Pomel is the CEO of Datadog, a cloud monitoring company he cofounded with Alexis Le-Quoc, the firms chief technology officer, in 2010. They're divided in 20 categories: Hiring, Scaling Team, Process, Culture, Remote. Olivier: Usually when we build a new system, were adding a data type, we usually start with something off the shelf, something open source. The story there is when we launched a product, we priced the product initially we were going to price it at $12 per instance per month. Share your thoughts in the comment section. 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Matt: Why do you think you sucked? Prior to their incredibly successful IPO in 2019, Olivier raised over $147M for the company from Index, ICONIQ, Meritech, IA Ventures, Amplify and OpenView, to name a few. Matt: What did the team look like in those early years? Matt: Is it a bottom-up or top-down sell, do you get actual developers and operations people and then up-sell or do go to the CIO? He was born in New York on None. Olivier Pomel is the CEO of Datadog, a cloud monitoring company he cofounded with Alexis L-Quc, the firm's chief technology officer, in 2010. So having a good CFO, I found, is very important. Olivier: Well first of all its all gradual , so what matters is always the next step and this changes over time. So thats all we have about Olivier Pomels net worth, bio, wiki, biography, height, weight, awards, facts, sibling, awards and other information. Mr. Olivier Pomel is a Co-Founder and serves as Chief Executive Officer and Board Member at Datadog. The way we define success for these products is we want to get deployment and adoption that is as broad as possible at our customers. Pricing, first of all its really hard to know what you need to price before you do it. Whenever you do something that finds market traction youre going to have a lot of other companies trying to copy it. You mentioned synthetics. As we do not have all data currently, we keep some fields blank which we will update soon. Most recently, Olivier Pomel sold 85,637 shares of the business's stock in a transaction on Monday, February 13th. Do you wanna know the Olivier Pomels full Biodata? To your point we already instrument all of our customers environment, we know what the applications are doing, we know what their servers are doing, we know what their networks are doing, we know what their customers are doing, we know what their engineers are doing. All Rights Reserved. The shares were sold at an average price of $82.62, for a transaction totalling $7,075,328.94. Matt: Id love to switch gears and maybe talk about the journey and lessons along the way in terms of building a company from a tiny startup into an industry juggernaut. Other executives include Alexis L-Quc, CTO, Co-Founder and Board Member; David Obstler, CFO and 13 others. Below is the video. Whenever we pitched West Coast investors it was sort of seen as a form of mental deficiency to be based in New York and doing infrastructure. Especially in the beginning. Pomel and Le-Quoc became billionaires in May 2020 after a blockbuster earnings release sent shares soaring; Pomel owns 4% of Datadog shares. Then you have to be honest with yourself and figure out, even as a founder, do you enjoy spending time with a customer? How did you stay confident when all those copycat companies were being created and your companys ability create value in the industries when there are companies that are coming in trying to do the same thing? Olivier: Ye,s we went through a few trials and errors for that. Olivier Pomel founded Datadog, Inc. Mr. Pomel is Chief Executive Officer & Director at this company. Olivier: Theres a number of things our customers cant do on their own. Datadog can also be reached via phone at 866-329-4466 and via email at [emailprotected] Learn More on Olivier Pomel's contact information. Data dogs were production databases and Data Dog 17 was the horrible, horrible, Oracle database that everyone lived in fear of. The company went from a tiny startup in 2010 that had trouble raising money, to a public company that, at the time of writing, has a market capitalization of $12.5B. So were already in the part of the world that needs to act quickly on that data. Theres one in the DevOps world that was called DevOpsDays, and its still around. So all of that was a key ingredient in making it successful. As you are curious to know about Olivier Pomel. I dont think that company is still around by the way. At $18 million, a sale near the listing price would be more than twice the $7.95 million the Hollywood couple paid for the Encino compound back in 2016, according to records. But what it does is it keeps me enough in the loop so I can pattern match, I can understand which questions to ask from the people and basically how to be gently informed of what they do instead of micromanaging them. Olivier: Metrics is basically anything thats emitted by an application or a piece of infrastructure that youre going to track over time. Following the completion of the sale, the chief executive officer now directly owns 243,282 shares of the company's stock, valued at $20,099,958.84. So I like to have very rich feeds of information, for example I see a large volume of the tickets our customers are filing. This net worth evaluation does not reflect any other assets that Mr. Pomel may own. Learn More about Olivier Pomel's net worth. View the profiles of professionals named "Olivier Pomel" on LinkedIn. And its never a completely straightforward decision to make because youre thinking, wow this is a lot of money but at the same time I see all this potential and everything else in front of us and theres much more we can build. (The 2016 IoT Landscape), Growing Pains: The 2018 Internet of Things Landscape. And then you can change your mind from one day to the next. I wrote a few months ago about the significance of the Datadog IPO for the ecosystem and beyond. The founding team was going there, I was there, my co-founder and engineers were there. Forbes sits with Alexis Ohanian at his Florida home to discuss the future of crypto following the fallout of FTX. Learn More on Olivier Pomel's salary. Thats a typical question that a lot of, especially early stage, companies struggle with and especially in your case, how do end up not being too successful and charging too much to customers if they buy the whole suite, and just keep sending massive amounts of data to Datadog. . It was very moving to see people there because many of those people were at the company for 5, 6, 7, 8, 9 years or more, were there from the beginning. Basically you can get our infrastructure for free if you have less than five servers. Over time we keep iterating all these algorithms on this data to figure out what parts of the program space we can actually solve with a super high level of confidence so that were going to put things in front of our customers that are not going to be garbage. When we didnt manage to fundraise initially, we sort of garbled the pitch quite a bit. 2023 Forbes Media LLC. It just so happens that not every vertical is going to do cloud at the same time. What is the Networth of Olivier Pomel? Datadog CEO Olivier Pomel on the cloud computing outlook In this video DDOG -0.41 (-0.54%) Share Squawk on the Street Datadog CEO Olivier Pomel on the cloud computing outlook Datadog CEO. Its not necessarily super interesting on its own. The birthday of Olivier Pomel is on None. Prior to founding Datadog, Olivier Pomel built data systems for K-12 teachers as a VP, Technology for Wireless Generation, where he grew the develo pment team from a handful of people to close to 100 of the best engineers in New York until the company's acquisition by News Corp. Before Wireless Generation, Olivier held software engineering . The birthday of Olivier Pomel is on None. The Reddit cofounder makes the argument for hard-to-seize assets before discussing his latest venture, Seven Seven Six, and more. Thats the team that produces the content. Jeep has enjoyed one of the highest perches among automotive brands advertising in the Super Bowl. Matt: One of the core aspects of the value proposition of Datadog is that you cover the three pillars of observability, which are metrics, traces and logs, in addition to other things. Did you start working with customers right away, or were you heads down developing first? But copper demand far outpaces supply. Is Datadog fundamentally a large database, for lack of a better word? Worth evaluation does not reflect any other assets that Mr. Pomel is on: yet update. Its all gradual, so what matters is always the next synthetics and other,. France, they have been pairing music with Krug Champagne for decades in section. The super Bowl is going to have those things being separate owns %! Number of things Landscape kind of a level set, to make this approachable for all kinds of.. Met while working at Wireless Generation, Inc. and Principal at IBM Research venture Seven... 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