Vivek Ranadivé Explained
Vivek Yeshwant Ranadivé (; born 7 October 1957) is an Indian-American business executive, engineer, author, speaker and philanthropist.[1] Ranadivé is the founder and former chief executive officer (CEO) of TIBCO Software, a business intelligence software company, and of Teknekron Software Systems.[2] [3] Ranadivé is also a co-owner and chairman of the National Basketball Association's Sacramento Kings.[4] In 2022, Ranadivé purchased a Minor League Baseball franchise, the Sacramento River Cats.
Early life and career
Ranadivé grew up in the Juhu area of Mumbai, India, and was the youngest of three children, in a Chandraseniya Kayastha Prabhu family. He studied at the Bombay International School, located at Babulnath, Mumbai.[5] [6] He is the nephew of the Indian Communist leaders Balkrishna Trimbak Ranadive and Ahilya Rangnekar.[7] [8] [9] [10] [11] At 16, Ranadivé was accepted to MIT, but in the 1970s the Indian government did not release foreign currency for citizens to study abroad.[12] Ranadivé talked his way into the office of the Reserve Bank of India and got the required foreign exchange for one quarter of the tuition.[12]
After earning bachelor's and master's degrees in electrical engineering from MIT,[6] he obtained an MBA from Harvard Business School in 1983.[13] [14] While at MIT, Ranadivé started his first company, a UNIX consulting company.[12] He also held management and engineering positions with Ford Motor Company, M/A-Com Linkabit and Fortune Systems.[15]
Teknekron Software Systems
Teknekron Corp., a technology incubator, provided $250,000 in seed capital to Ranadivé in 1985 to found Teknekron Software Systems.[16]
TIBCO
In 1997, Ranadivé founded TIBCO Software Inc. with funding from Cisco and Reuters.[17]
Bow Capital
In 2016, Ranadivé founded Bow Capital,[18] an early-stage startup investment firm in partnership with the University of California Regents.[19] Among their investments are Skillit (platform), Eversight, Workramp, Jerry.ai,[20] and Flex.[21]
NBA
Golden State Warriors
In 2010, Ranadivé became the co-owner and vice chairman of the Golden State Warriors, making him the first person of Indian descent to co-own an NBA franchise.[22]
Sacramento Kings
On 21 March 2013, it was announced that Ranadivé had joined Ronald Burkle and Mark Mastrov to attempt to purchase the Sacramento Kings. In order for Ranadivé to purchase the Kings, he had to sell his share of the Golden State Warriors.[23] On 16 May 2013, it was announced that the group reached an agreement with the Maloof family to purchase 65% of the Kings for approximately $348 million.[24] The NBA approved the sale on 28 May.[25] Ranadivé made waves in 2014 when he proposed a style of play that included his team keeping one player on offense the entire time, creating a 4-on-5 defense on the other end.[26]
Works
Published works!Work!Year!Author(s)| The Power of Now: How Winning Companies Sense and Respond to Change Using Real-Time Technology[27] [28] | 1999 | Vivek Ranadivé |
| The Power to Predict[29] | 2006 | Vivek Ranadivé |
| The Two-Second Advantage: How We Succeed by Anticipating the Future–Just Enough | 2011 | Vivek Ranadivé | |
Personal life
Ranadivé and his former wife, Deborah Addicott, have three children: Aneel, Andre, and Anjali.[2] [30]
Anjali is an R&B singer-songwriter.[31] She wrote and released her first single, "We Turn Up" in April 2014.[32] [33] Her second single was called "Nobody" and features Tyga.[34] Anjali goes by the stage name "Nani", which means maternal grandmother in Hindi, as she has always respected elderly figures in her life. Anjali, who graduated from UC Berkeley with a marine science degree, founded Jaws & Paws,[35] a marine and wildlife conservation nonprofit that spreads awareness for the conservation of sharks, polar bears, and tigers.[36] [37] In October 2015, she received the 2015 Paul Walker Ocean Leadership Award from the Monterey Bay Aquarium.[38] She was also part of the 2022 NBA All-Star Celebrity Game.[39]
Ranadivé coached his daughter's 12-and-under girls' basketball team despite, according to his own contention, never having touched a basketball until he reached his 40s.[40] The story of Ranadivé's team's unlikely success was told by author Malcolm Gladwell in the pages of The New Yorker, and later included in Gladwell's 2013 book, David and Goliath.[41]
From 2016 to 2020, Ranadivé donated $55,731 to Democratic candidates and causes.[42]
External links
Notes and References
- D'Agostino, Ryan. The Man Who Knows Everything. Esquire. 19 January 2012.
- Gladwell, Malcolm. How David Beats Goliath. The New Yorker. 11 May 2009.
- http://articles.economictimes.indiatimes.com/2012-01-26/news/30666653_1_tibco-software-networking-platform-networking-site World Economic Forum Davos 2012: Vivek Ranadivé launches social networking site TopCom for leaders to interact
- http://sip-phones.tmcnet.com/news/2011/09/19/5788730.htm Vivek Ranadive, CEO of TIBCO Software
- https://scroll.in/article/663733/mumbai-native-leads-charge-to-rid-us-national-basketball-association-of-racism Mumbai native leads charge to rid US National Basketball Association of racism
- https://economictimes.indiatimes.com/magazines/panache/tech-tycoon-vivek-ranadives-daughter-sang-for-pm-narendra-modi/articleshow/45447281.cms Tech tycoon Vivek Ranadive’s daughter sang for PM Narendra Modi
- April 26, 2009 . Red Salute To Comrade Ahilya . 19 June 2024 . People's Democracy . 33 . 16 . Ahilya Rangnekar was born in Pune in 1922 in a Chandrasena Kayastha Prabhu family. Her father Trimbak Ranadive was deeply influenced by the social reformers of his times...(she was a trained classical singer, and had a lovely voice which she had often used in street performances to sell the Party paper on Bombay’s streets along with her more well-known brother, the radical communist leader and trade union fighter, B T Ranadive.
- sactown magazine. She strongly believed that Ranadivés had an obligation to fight for social justice because of their caste (the Hindu designation of social rank). The family is Kshatriya—born to be warriors and rulers.
- News: Silicon Valley hotshot scripts NBA plan for India. Finally, when asked about his memories of his grand uncle, the late Indian communist leader BT Ranadivé, he says laughing, "I know he wanted to make people's lives better, which is what I also want to do, but in a different way.".
- http://www.gqindia.com/content/most-influential-global-indians-part-2#6 The Most Influential Global Indians
- Naik, Shivani. Indian is co-owner of US's top NBA side. Indian Express. 7 April 2011.
- http://www.expresscomputeronline.com/20070312/technologylife03.shtml Master of his own destiny
- Corcoran, Elizabeth. The Big Deal: Tibco. Forbes. 16 June 2009.
- http://www.alumni.hbs.edu/bulletin/2000/december/profile.html Profile: Vivek Ranadivé
- http://www.bizjournals.com/sanfrancisco/stories/2007/09/10/tidbits1.html Vivek Ranadivé
- Levermore-Rich, Adam. Tapping into the need for speed TIBCO's software quietly powers the Internet. Palo Alto Weekly. 27 June 2001.
- http://www.tibco.com/company/tibco-timeline/default.jsp TIBCO: Through the Years
- Web site: Bow Capital. Bow Capital. en-US. 2018-06-10.
- News: UC Investments will anchor fund led by Vivek Ranadivé to invest in UC innovation. 2015-12-15. University of California. 2018-06-10. en.
- Web site: Personal Insurance Shopper - Jerry. 2021-01-22. getjerry.com. en.
- Web site: Entrepreneurs. 2021-01-22. Bow Capital. en-US.
- http://www.desihits.com/news/view/vivek-ranadiv-becomes-first-desi-nba-team-owner-20101116 Vivek Ranadivé is the First Desi NBA Team Owner
- Web site: Tony . Bizjak . Third big investor emerges in bid for Sacramento Kings . The Sacramento Bee . 21 March 2013 . 3 October 2016 . https://archive.today/20130411183526/http://blogs.sacbee.com/city-beat/2013/03/new-investor-emerges-in-bid-for-kings.html . 11 April 2013 . dead . dmy-all .
- Web site: Brian . Windhorst . Maloofs, Sacramento group agree . ESPN . 17 May 2016 . 3 October 2016.
- Web site: NBA approves Kings sale to Sacramento group . NBA . AP . 28 May 2013 . 3 October 2016.
- Web site: Devine . Dan . Report: Kings owner Vivek Ranadivé has pitched a 4-on-5 defense, 'leaving one player to cherry-pick' . sports.yahoo.com . 27 May 2019 . 29 October 2014.
- Purewal, Sukhjit. 'Why hire people who agree with you?'. Rediff. 25 June 2001.
- http://www.powerofnow.com/author.html About the Author
- http://www.the-chiefexecutive.com/features/feature480/ Predictive Business
- Web site: The Game Changer . www.sactownmag.com . 27 May 2019.
- News: A Conversation with Anjali Ranadive, the Sacramento Kings' Secret Star . Revolution World . May 22, 2014 . Evan Vladem .
- News: Fresh: Anjali Feat. French Montana – 'We Turn Up' . https://web.archive.org/web/20140912083958/http://www.mtv.co.uk/music/urban/12180-fresh-anjali-feat-french-montana-we-turn-up . dead . 12 September 2014 . MTV UK . April 4, 2014 . Ra'ed Khan .
- News: Pop/R&B Sensation 'Anjali' Talks About Her New Single "We Turn Up" . Pynk Celebrity . Miles Bloxson . dead . https://web.archive.org/web/20141006090411/http://www.pynkcelebrity.com/video/poprb-sensation-anjali-talks-about-her-new-single-we-turn-french-montana-and-more-exclusive-in . October 6, 2014 .
- News: Kings Q&A: Anjali World & Tyga . NBA.com . December 9, 2014 . Katie Cracchiolo.
- News: Zinko . Carolyne . Anjali Randivé's pop-star turn . 28 May 2021 . . January 2, 2015.
- News: Sacramento Kings Owner's Daughter Anjali Ranadive Launches Music Career . India West . June 27, 2014 .
- News: Anjali Teams Up With Kimberly Moore For "Keeping Harmony Alive" . Celebrity Gossip . June 27, 2014 . dead . https://web.archive.org/web/20141006101639/http://www.pynkcelebrity.com/music/anjali-world-pop-singer-and-co-founder-jaws-paws-speaks-out-against-shark-finning-86957 . October 6, 2014 .
- Web site: Anjali World to receive 2015 Paul Walker Ocean Leadership Award. The American Bazaar. January 20, 2016. The American. Bazaar. September 28, 2015.
- Web site: Toussaint wins Ruffles All-Star Celebrity MVP award. NBA.com. February 19, 2022.
- Web site: Vivek Ranadivé . 7 July 2014 . What a CEO Learned Coaching His Daughter's Basketball Team . .
- Web site: Next Coach: Ranadive Yet to Turn NBA Kings Around Like His 12-Year-Old Daughter's Team. Forbes.
- Web site: Ziegler. Sara. 2020-10-28. Inside The Political Donation History Of Wealthy Sports Owners. 2020-12-15. FiveThirtyEight. en-US.
