Vivek Yeshwant Ranadivé (; born 7 October 1957) is an

Indian-American Indian Americans or Indo-Americans are citizens of the United States with ancestry from India. The United States Census Bureau uses the term Asian Indian to avoid confusion with Native Americans, who have also historically been referred to ...

business executive, engineer, author, speaker and philanthropist.D'Agostino, Ryan
The Man Who Knows Everything
''Esquire''. 19 January 2012. Ranadivé is the founder and former

chief executive officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

(CEO) of

TIBCO Software TIBCO Software Inc. is an American business intelligence software company founded in 1997 in Palo Alto, California. It has headquarters in Palo Alto, California, and offices in North America, Europe, Asia, the Middle East, Africa and South A ...

, a business intelligence software company, and of Teknekron Software Systems.Gladwell, Malcolm
How David Beats Goliath
''The New Yorker''. 11 May 2009.World Economic Forum Davos 2012: Vivek Ranadivé launches social networking site TopCom for leaders to interact
''Economic Times''. 26 January 2012. Ranadivé is also a co-owner and chairman of the

National Basketball Association The National Basketball Association (NBA) is a professional basketball league in North America. The league is composed of 30 teams (29 in the United States and 1 in Canada) and is one of the major professional sports leagues in the United S ...

Sacramento Kings The Sacramento Kings are an American professional basketball team based in Sacramento, California. The Kings compete in the National Basketball Association (NBA) as a member of the Western Conference Pacific Division. The Kings are the oldest ...

.Vivek Ranadive, CEO of TIBCO Software
''San Jose Mercury News''. 19 September 2011.

Early life and career

Ranadivé grew up in the

Juhu Juhu (Pronunciation: ͡ʒuɦuː is a posh and upmarket neighbourhood of Mumbai. It is known for the sprawling Juhu Beach. It is surrounded by the Arabian Sea to the west, Versova to the north, Vile Parle to the east and Santacruz to the south ...

area of

Mumbai Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- ...

, India, and was the youngest of three children. He studied at the Bombay International School, located at Babulnath, Mumbai.Mumbai native leads charge to rid US National Basketball Association of racism
''Scroll.in''.Tech tycoon Vivek Ranadive’s daughter sang for PM Narendra Modi
''The Economic Times''. He is the nephew of the Indian Communist leaders Balkrishna Trimbak Ranadive and Ahilya Rangnekar. At 16, Ranadivé was accepted to MIT, but in the 1970s the Indian government did not release foreign currency for citizens to study abroad.Master of his own destiny
''Express Computer''. Ranadivé talked his way into the office of the

Reserve Bank of India The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible for ...

and got the required foreign exchange for one quarter of the tuition. After earning bachelor's and master's degrees in electrical engineering from MIT, he obtained an

MBA A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...

from

Harvard Business School Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA p ...

in 1983.Corcoran, Elizabeth
The Big Deal: Tibco
''Forbes''. 16 June 2009. While at MIT, Ranadivé started his first company, a UNIX consulting company. He also held management and engineering positions with Ford Motor Company, M/A-Com Linkabit and Fortune Systems.
''San Francisco Business Times''. 9 September 2007.

Teknekron Software Systems

Teknekron Corp., a

technology incubator Business incubator is an organization that helps startup companies and individual entrepreneurs to develop their businesses by providing a fullscale range of services starting with management training and office space and ending with venture ca ...

, provided $250,000 in seed capital to Ranadivé in 1985 to found Teknekron Software Systems.Levermore-Rich, Adam
Tapping into the need for speed TIBCO's software quietly powers the Internet
''Palo Alto Weekly''. 27 June 2001.

TIBCO

In 1997, Ranadivé founded TIBCO Software Inc. with funding from

Cisco Cisco Systems, Inc., commonly known as Cisco, is an American-based multinational digital communications technology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware, ...

and Reuters.

Bow Capital

In 2016, Ranadivé founded Bow Capital, an early-stage startup investment firm in partnership with the University of California Regents. Among their investments ar
EversightWorkrampJerry.ai
an
Flex

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 The National Basketball Association (NBA) is a professional basketball league in North America. The league is composed of 30 teams (29 in the United States and 1 in Canada) and is one of the major professional sports leagues in the United St ...

franchise.Vivek Ranadivé is the First Desi NBA Team Owner
''Desi Hits''.

Sacramento Kings

On 21 March 2013, it was announced that Ranadivé had joined

Ronald Burkle Ronald Wayne Burkle (born November 12, 1952) is an American businessman. He is the co-founder and managing partner of The Yucaipa Companies, LLC, a private investment firm that specializes in U.S. companies in the distribution, logistics, food, ...

and

Mark Mastrov Mark S. Mastrov is an American businessman who is the founder and former CEO of 24 Hour Fitness. He is also part of the Sacramento Kings ownership group. Career The 24 Hour Fitness began in 1983 as a one-club operation called 24 Hour Nautilus. ...

to attempt to purchase the

. In order for Ranadivé to purchase the Kings, he had to sell his share of the

Golden State Warriors The Golden State Warriors are an American professional basketball team based in San Francisco. The Warriors compete in the National Basketball Association (NBA), as a member of the league's Western Conference Pacific Division. Founded in 194 ...

. On 16 May 2013, it was announced that the group reached an agreement with the

Maloof family The Maloof family is a prominent American family based in Las Vegas, Nevada, who are owners of numerous business properties in the Western United States. The original spelling of the family name is Maalouf. The family is of Lebanese descent via th ...

to purchase 65% of the Kings for approximately $348 million. The NBA approved the sale on 28 May. 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. Ranadivé has been criticized during his tenure as Kings owner and blamed for their lack of success on the court.

Works

Personal life

Ranadivé and his former wife, Deborah Addicott, have three children: Aneel, Andre, and Anjali. Anjali is an R&B singer-songwriter. She wrote and released her first single, "We Turn Up" in April 2014. Her second single was called "Nobody" and features

Tyga Michael Ray Nguyen-StevensonMicheal Ray Stevenson ...

. 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 The University of California, Berkeley (UC Berkeley, Berkeley, Cal, or California) is a public university, public land-grant university, land-grant research university in Berkeley, California. Established in 1868 as the University of Californi ...

with a

marine science Oceanography (), also known as oceanology and ocean science, is the scientific study of the oceans. It is an Earth science, which covers a wide range of topics, including ecosystem dynamics; ocean currents, Wind wave, waves, and geophysical flu ...

degree, founded Jaws & Paws, a marine and wildlife conservation nonprofit that spreads awareness for the conservation of sharks, polar bears, and tigers. In October 2015, she received the 2015 Paul Walker Ocean Leadership Award from the

Monterey Bay Aquarium Monterey Bay Aquarium is a nonprofit public aquarium in Monterey, California. Known for its regional focus on the marine habitats of Monterey Bay, it was the first to exhibit a living kelp forest when it opened in October 1984. Its biologists ...

. She was also part of the

2022 File:2022 collage V1.png, Clockwise, from top left: Road junction at Yamato-Saidaiji Station several hours after the assassination of Shinzo Abe; 2022 Sri Lankan protests, Anti-government protest in Sri Lanka in front of the Presidential Secretari ...

NBA All-Star Celebrity Game The NBA All-Star Celebrity Game is an annual exhibition basketball game held by the National Basketball Association that takes place during the NBA All-Star Weekend and features retired NBA players, WNBA players, actors, musicians and athletes ...

. 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. The story of Ranadivé's team's unlikely success was told by author

Malcolm Gladwell Malcolm Timothy Gladwell (born 3 September 1963) is an English-born Canadian journalist, author, and public speaker. He has been a staff writer for ''The New Yorker'' since 1996. He has published seven books: '' The Tipping Point: How Little T ...

in the pages of ''

The New Yorker ''The New Yorker'' is an American weekly magazine featuring journalism, commentary, criticism, essays, fiction, satire, cartoons, and poetry. Founded as a weekly in 1925, the magazine is published 47 times annually, with five of these issues ...

'', and later included in Gladwell's 2013 book, ''

David and Goliath Goliath ( ) ''Goləyāṯ''; ar, جُليات ''Ǧulyāt'' (Christian term) or (Quranic term). is a character in the Book of Samuel, described as a Philistine giant defeated by the young David in single combat. The story signified King Saul's ...

''. From 2016 to 2020, Ranadivé donated $55,731 to Democratic candidates and causes.

References

External links

TIBCO Software Inc. Official Vivek Ranadivé bio

{{DEFAULTSORT:Ranadive, Vivek 1957 births Living people American business writers American people of Indian descent American computer businesspeople American computer scientists American male writers of Indian descent American motivational speakers American philanthropists American technology chief executives American technology company founders American technology writers Businesspeople from Mumbai Businesspeople in software Golden State Warriors owners Harvard Business School alumni Indian emigrants to the United States Massachusetts Institute of Technology alumni Sacramento Kings owners American male non-fiction writers