IPOs, Takeovers, SPACs and All Events In Between - Reggie Aggarwal, CEO and Founder of Cvent [S6.E8]

Reggie Aggarwal is the co-founder of Cvent, a $600m revenue Software company, that is listed on the Nasdaq (ticker CVT). Cvent is allows organizations to  more efficiently run, manage and host all formats of events from virtual to in-person and hybrid. If you have been to a large conference recently, chances are it hasa been powered by Cvent. Reggie is in a very unique position, having founded the company in 1999, he has seen 3 recessions, an IPO, A SPAC, a merger, competitors come and go and everything in between, and so it was a privilege to try and piece all the important moments in history together, and distill into lessons for current operators. To have been at the helm of a business that has scaled from 12 people to almost 5000 people has also required Reggie to be on his on scaling journey and to dig into the how he has thought about this, from someone who is consistently voted one of the best CEOS in the US, makes for a fascinating conversation. This is probably a great conversation to pair with a previous TDM blog, what makes a great CEO, as no doubt going through the conversation, you will be able to identify many of those traits shining through. As previously mentioned, all our podcasts now have transcripts available, and you can find them at our website tdmgrowthpartners.com. This is a great podcast to pair with our previous TDM blog  - What makes a great CEOShow notes:Cvent Founding Story (3:13) Cvent’s product evolution from a point solution to an integrated and highly scalable platform (8:40) How pivoting out of necessity created Cvent’s Triple Threat; in-person, virtual and hybrid virtual events (14:35) Cvent’s balanced and ‘frugally profitable’ approach enabling sustainable growth and longevity (18:10) Maintaining confidence and market share against rapidly scaling competitors (22:55) The differences and unique challenges of IPO and SPAC processes (25:50) Lessons and growth opportunities from being taken private by Vista (31:54) Managing an executive team with a long-term tenure (36:15) Continuous involvement and hiring tips to effectively scale across countries and cultures (40:03) Strategic and tactical advantage of the New Delhi office (43:13) What makes a great CEO and fostering an intrapreneurial culture (45:09) The three Proverbs Reggie lives by that enabled his and Cvent’s longevity (47:25) This podcast is created and published for informational and entertainment purposes only. It is not financial advice. Transcripts may contain occasional errors in fact.