Share your thoughts in the comment section. I dont think that company is still around by the way. The small companies are going to have different kinds of problems usually but they are great at trying stuff out. The birthday of Olivier Pomel is on None. As we grow we might do different kinds of acquisitions because we have more scale, we might enter categories that are more different to what were doing today, but early on we really focused on integrating the teams and making sure that we basically have a new leg to build on, new leadership we can use to drive new parts of the product. No, I was on a stool in the middle of the Nasdaq, with my whole team around me. Explain this to me like Im five starting with a space like DevOps, observability what does it actually mean? The large companies, initially theyre great at talking about problems but theyre not great at adopting your stuff. The problem with that is you end up with products that are super super complicated and they get sold, and then one person uses them and everyone else is scared. Very early on, we went to community conferences. We bring all that together and help the people who need to make sense of it understand whats happening: is it happening for real, is it happening at the right speed, is it still happening, are we making money, who is churning over time. Your email address will not be published. I want to stay in touch with whats happening with the product and Im going to see all the deals we close and Im also going to read all the comments we get from employees in employee surveys. Save my name, email, and website in this browser for the next time I comment. Matt: And DevOps, what does that mean, for people who havent heard the term? Chart Data in Insider Trading History Table. Olivier: Yes thats a great question. We didnt need initially to have big sponsorships and large booths. Building a $12B Public Company: In Conversation with Olivier Pomel, CEO, Datadog By any measure, Datadog is an incredible entrepreneurial success story. These are examples of what we do for them. If you can focus on your customers, if you focus on how youre doing things, what you know is working, what you know is not working, I think youll be fine. Olivier is an original author of the VLC media player and holds a MS, CS from the Ecole Centrale Paris. He is Unknown years old. Other things we do is we re going to watch very large amounts of signals that they cant humanly watch, so were going to look at millions of metrics and were going to tell them the ones that we know for sure are important and not behaving right right now, even if they didnt know that already, if they didnt know I should watch this, I should put an alert on that, I should go and figure out if this changes. It was also winter in New York so it was pretty sad. Before launching Datadog, the duo worked together at New York-based firm Wireless Generation, which was acquired by News Corp in 2010. Required fields are marked *. Olivier: We have a free tier thats limited in volume. It's likely that his wife and children will inherit his fortune. Olivier Pomel is the Co-Founder & CEO at Datadog. Its platform also provides user experience monitoring, network performance monitoring, cloud security, developer-focused observability, and incident management, as well as a range of shared features, such as dashboards, analytics, collaboration tools, and alerting capabilities. Most recently he sold 85,637 units of DDOG stock worth $6,335,425 on 26 January 2023. . So I would say that part of it is developing a little bit of self awareness to make sure that you can scale while youre working in the way that you want it to work. Olivier Pomel is the CEO of Datadog, a cloud monitoring company he cofounded with Alexis Le-Quoc, the firm's chief technology officer, in 2010. Olivier: Yes so we have a product called Watchdog and what it does is it automatically watches our customers infrastructure/applications without the customer having to point them at specific things. We tell them hey youre having an issue right now on xxx [19:07] and its not just you. Any of those things, or the experience? View the profiles of professionals named "Olivier Pomel" on LinkedIn. Olivier Reza took over Reza in 2020 and is breathing fresh life into his familys legacy with his own original designs. When we started we sold to SMB in the market. Take a look at the following table for more information. And thats been the MO throughout the life of the company. Related by origin of wealth: cloud computing. Datadog Co-Founder & CEO Jun 2010 Board and Advisor Roles Number of Current Board & Advisor Roles 4 Olivier: It was a bit of all. Oliver: All of it is real time, all of it has to be in process and visible and understood in real time. The estimated Net Worth of Olivier Pomel is at least $762 Milione dollars as of 1 March 2022. There were laptops and we were doing demos its a great way to get in front of the customer, to get some real feedback to see how they react when you show everything. So what is the networth of Olivier Pomel? Mr. Pomel owns over 1,698 units of Datadog Inc stock worth over $26,122,916 and over the last 3 years he sold DDOG stock worth over $716,886,478. Did you pivot since the beginning when you started Datadog, and how many times have you pivoted? The Reddit co-founder is a co-founder and leading investor of Angel City FC, which began play in the NWSL this year. The estimated net worth of Olivier Pomel is at least $19.15 million as of February 13th, 2023. There may have wrong or outdated info, if you find so, please let us know by leaving a comment below. There may have wrong or outdated info, if you find so, please let us know by leaving a comment below. If we put $15 it worked fine and you know later we actually raised tha tprice to $18 and it didnt change any of the metrics. Whenever you do something that finds market traction youre going to have a lot of other companies trying to copy it. At the small scale its going to work. What does it feel like, how is it different being an early public market CEO? I think it only took a couple of years to find a company in China that had the same assets we did. Olivier Pomel is an Entrepreneur. For the first few years of the company, we grew that product and we made sure it had the right fit to sell it. Do you guys have a free version, a free trial? A lot of the value prop for the cloud was that, instead of having a development team that builds an application and then you spend 6 months filing tickets and placing order forms in order to actually bring that application into production, and you cant change your mind for three years on the way its going to run with the cloud you can actually decide on the spot and do whatever you want, engineers and developers can do it themselves without needing to ask for permission, or file a form. Mr. Pomel owns over 13,781 units of Datadog Inc stock worth over $18,117,409 and over the last 3 years he sold DDOG stock worth over $720,493,577. So theres really I think room for discovery in pricing. 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. You ingest massive amounts of data from a bunch of different sources? He previously was Vice President-Technology for Wireless Generation, Inc. and Principal at IBM Research. The inside team is closing their own deals. There are 6 older executives and no younger executives at Datadog. Olivier Pomel works as CEO & Co-Founder at Datadog. A free website gathering 500 resources (blog posts, videos, .) As we do not have all data currently, we keep some fields blank which we will update soon. 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? Pomel and L-Quc became billionaires in May 2020 after a blockbuster earnings release sent shares soaring; Pomel owns 4% of Datadog shares. 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. CEO & CO-FOUNDER Prior to founding Datadog, Olivier Pomel built data systems for K-12 teachers as a VP, Technology for Wireless Generation, where he grew the development 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. All Rights Reserved. When we didnt manage to fundraise initially, we sort of garbled the pitch quite a bit. When is Olivier Pomel's next birthday? So maybe lets start with some of the history. 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. But what we do is very horizontal so every company in every industry needs it. L-Quc and Pomel became billionaires in May 2020 after a blockbuster earnings release sent shares soaring; L-Quc owns 6% of Datadog shares. 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. Below is the video. So we can focus on that part. The Net Worth of Olivier Pomel is $3.33 B. Additionally, Olivier Pomel has had 2 past jobs including Vice President of Technology at Wireless Generation. I think when you hire a sales team, you need to have all that in place otherwise the sales team is not going to figure things out for you, you still need to do that yourself. We looked at the overall share, what it would get, how much they would pay for their infrastructure, we decided which fraction of that we thought they could afford for us , then we divided that by the salary and infrastructure you know so we could actually get a price that scales. Not one for gratuitous self-aggrandizing, Olivier has given surprisingly few interviews over the years, and it was a real treat to sit down with him for a fireside chat in front of a packed house of 350 attendees at our most recent Data Driven NYC. So maybe the space 101 and Datadog 101 and then well dig a bit deeper. We dont have an inside team that is generating leads for an enterprise team, thats not how we do it. Olivier: Thats a great question because actually we see there a lot of the same problem. ) How did you scale yourself? [4] Pope is a Washington, D.C. -based crisis manager who runs her own firm, Olivia Pope & Associates (OPA), that specializes in "fixing" political situations and . 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 actually have a thread to pool, basically. In addition, he makes $18,577,900 as Chief Executive Officer, Co-Founder, and Director at Datadog Inc. The Reddit cofounder makes the argument for hard-to-seize assets before discussing his latest venture, Seven Seven Six, and more. Matt: To give people a sense, what kind of volume of data are we talking about? People are deeply technical here, but theres also people that are just interested in the world of data. What is the Networth of Olivier Pomel? Datadog's CEO and Co-Founder, Board Member is Olivier Pomel. Despite all that, we ended up in a situation where operations hated development, development hated operations, we were finger pointing all day. Olivier Pomel is an Entrepreneur. Before building Datadog, the duo worked together at New York-based firm Wireless Generation, which was acquired by News Corp in 2010. Before founding Datadog, Olivier worked as the Vice president of technology at Wireless Generations (now known as Amplify), working on building data systems for K-12 school teachers, bringing together 100 of the best engineers in NYC, and also doing work for the Bill and Melinda Gates Foundation. Matt: I should stop asking questions, I could just keep going all night. You felt like you had something that felt like a repeatable process? But therell be your long term investors and you start building relationships with them at that time, you start setting expectations, they remember everything you tell them at that time and then they measure you against that in the quarters to follow the IPO. Presumably a chunk goes to cold storage? I wanted to make sure we were in a situation where customers were not deploying us in one place and then forgetting the rest because it cant afford it. Matt: What was Datadog [the name] by the way that was one of the servers? In this section we will talk about Olivier Pomel's age and birthday related info. Datadog listed on the Nasdaq in September 2019,. Matt: And thats proprietary right? Insiders at Datadog own 15.8% of the company. The birthplace of Olivier Pomel is New York. Matt: What did the team look like in those early years? For those who do not have an account on a certain platform, we added the official website link of the platform. Pomel and Le-Quoc became billionaires in May 2020 after a blockbuster earnings release sent shares soaring; Pomel owns 4% of Datadog shares. DataDog/dd-agent@9311d42", "Datadog secures $6.2m in funding from Index Ventures and RTP Ventures", "Datadog snags $15M to monitor and manage your cloud(s)", "Datadog fetches $31M to beef up sales and engineering", "Investors Feed Datadog A Hefty $94.5 Million Round TechCrunch", "NYC's 10 largest funding rounds of 2016", "Datadog pops 39% in Nasdaq debut as cloud software IPOs stay hot", "Forbes Cloud 100: Meet The Private Companies Leading Cloud Computing In 2016", "Crain's unveils the 100 Best Places to Work in New York City in 2016 | Crain's New York Business", https://en.wikipedia.org/w/index.php?title=Datadog&oldid=1141396265, This page was last edited on 24 February 2023, at 21:27. Olivier Pomel is the Founder & CEO @ Datadog, the company building the next generation of tools for DevOps teams. If you have more than five servers, you need to pay. That really brought the developers and operations teams together, and that was a bit part of the DevOps movement. 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The developers build the application and they throw it over the fence to operations people who are responsible for it in production and historically those two teams hated each other. Learn More about Olivier Pomel's net worth. https://producthunt.comJoin us and share your feedback! Thats a bit of a different model but the underlying adoption is still the same, its still bottom-up. We knew from the very beginning that we wanted to bridge the gap between different teams and different silos so when we wanted to add the rest, it was actually the biggest honor to be a step function on the trajectory of the company when we actually managed to do that and we noticed that we could also sell it and customers are also going to update it in addition. In general I think thats fine. I had no idea basically on how that part of the world worked and thats something I had to develop over time. We added the information below. So, in this article, we discussed all information about Olivier Pomel's net worth, wiki, bio, career, height, weight, family, pics, affairs, car, salary, age, and other details in 2023. We hope you get the information about Olivier Pomel. The most recent insider tranaction occured on February, 13th when CEO Olivier Pomel sold 85,637 shares worth more than $7,075,328.94. Notify me of follow-up comments by email. Olivier: Yes quite a few, yes. JP Morgan Is Still Cleaning Up Its Disastrous $175M Frank Acquisition, Rams Premature Electrification Big Game Ad Will Charge EV Discussion, Jeep Adds Green To Its Authentic Colors For New Super Bowl Spot, Wondering How To Grow Your Business? Olivier Pomel is the CEO of Datadog, a cloud monitoring company he cofounded with Alexis Le-Quoc, the firm's chief technology officer, in 2010. We had someone run investor relations that did a fantastic job. According to the various source, there is an approximate asset that is net worth. But it turns out most of the work you do there is really to prepare for the 18 months that follow the IPO. Do you want to know whether Olivier Pomel is married or unmarried? 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? Learn More on Datadog's active insiders. So people spend days going I need to write this article, and nothing comes out. As of 2023, the current net worth of Olivier Pomel $3.33 B. It was a pioneer in the category of DevOps and observability, and its now a clear leader. Current positions of Olivier Pomel Holdings of Olivier Pomel 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. Some people love writing and do it super well but you dont know ahead of time who thats going to be. With revenues hovering around $350M, it has 1,300 employees across 31 locations around the world. Especially in the beginning. Olivier Pomel, Datadog CEO and co-founder, joins "Squawk on the Street" to discuss the company's public debut. When we started the companies that were in the cloud were not the larger enterprises, so there was not a ton of business to be had with super large companies. You mentioned synthetics. And then as we grow, as we get more and more data into it, we see the many ways it doesnt work for us at scale. Thats the team that produces the content. Datadog can also be reached via phone at 866-329-4466 and via email at [emailprotected] Learn More on Olivier Pomel's contact information. For metrics, companies used to buy in a monitoring tool, and then for traces they used to buy an APM tool and them for logs a log management tool. Olivier: In general I think its not a good idea to obsess over the competition. So the way that weve been building it is that we have all the data, we solve all the transactional use cases for our customers, we solve these issues. So one common example is log management systems because machines are very good at generating large amounts of data and not all of it is valuable. 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. Theres a saying that if you look into the wall youre going to drive into the wall, thats a bit like that. Olivier: We deploy all sorts of collectors, and all of our collectors are open source. Wed say the good thing with that is that we were not tempted to believe that we had everything figured out from day one. Initially you needed to be really good at coding, now you need to be really good at talking to public market investors, how do you not just completely lose your sanity through the journey? Its a way to start generating a bit of that flywheel of getting customers to bring some inbound. New York, NY, US View. My question is around the acquisition, so first question did you buy the company for their products or for the team, and second question is around the challenge of acquiring a company. 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. The company was incorporated in 2010 and is headquartered in New York, New York. There are 4 professionals named "Olivier Pomel", who use LinkedIn to exchange information, ideas, and opportunities. 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