From Startup to Exit

The story of mega-successful exits with Chronus and Ally.io, A conversation with Seattle serial entrepreneur Vetri Vellore

November 02, 2023 TiE Seattle Season 1 Episode 4

When Vetri Vellore was given the responsibility to turn around the Systems Management Server business at Microsoft, it was a failing business. In fact, at a business review, Bill Gates famously threw his deck back to him telling him to shut down the business. But Vetri persisted and completely turned it around. Soon Vetri embarked on a remarkable entrepreneurial journey where he successfully started and exited two businesses - Chronus which was a mentoring platform and Ally.io which was a platform for managing OKRs (Obejectives and Key Results). Vetri bootstrapped his first business but raised substantial funding for his second. Listen in to hear the inspiration he got to start both businesses and his thought process behind raising VC funding.

Vetri Vellore is a serial entrepreneur with a track record of multiple successful exits. His last startup, Ally.io, was acquired by Microsoft in 2021. He served as a Corporate Vice President at Microsoft, and after the successful integration of Ally.io, he recently returned to his entrepreneurial roots to launch another startup.

Before Ally.io, he co-founded Chronus, which was later acquired by private equity. He also dedicated 14 years to leading multiple award-winning products at Microsoft. Beyond his business ventures, Vetri is the author of "OKRs for All," a book endorsed by Satya Nadella, and mentors several up-and-coming leaders and entrepreneurs. He is the proud father of two wonderful children and resides with his wife in Seattle, Washington.

Brought to you by TiE Seattle
Hosts: Shirish Nadkarni and Gowri Shankar
Producers: Minee Verma and Eesha Jain
YouTube Channel: https://www.youtube.com/@tieseattle567

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