Vivek Yeshwant Ranadivé ( ; born 7 October 1957) is an Indian-American 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 chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization.
CEOs find roles in variou ...
(CEO) of
TIBCO Software, 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 composed of 30 teams (29 in the United States and 1 in Canada). The NBA is one of the major professional sports leagues in the United States and Ca ...
'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 Pacific Division (NBA), Pacific Division of the Western Confere ...
.
[Vivek Ranadive, CEO of TIBCO Software]
''San Jose Mercury News''. 19 September 2011. 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
Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian state of Maharashtra. Mumbai is the financial capital and the most populous city proper of India with an estimated population of 12 ...
, 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.
[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 admitted by MIT, but in the 1970s the Indian government did not financially support Indians who wanted to study abroad.
[Master of his own destiny]
''Express Computer''. Ranadivé talked his way into the office of the
Reserve Bank of India
Reserve Bank of India, abbreviated as RBI, is the central bank of the Republic of India, and regulatory body responsible for regulation of the Indian banking system and Indian rupee, Indian currency. Owned by the Ministry of Finance (India), Min ...
and got the required currency to cover one quarter of the tuition.
[
After earning bachelor's and master's degrees in electrical engineering from MIT,][ he obtained an MBA from ]Harvard Business School
Harvard Business School (HBS) is the graduate school, graduate business school of Harvard University, a Private university, private Ivy League research university. Located in Allston, Massachusetts, HBS owns Harvard Business Publishing, which 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
Fortune Systems Corporation, later Tigera Group, Inc. and Connectivity Technologies, Inc., was an American computer hardware and software company active from 1980 to 2011. The company existed as a manufacturer of Unix workstations between 1980 and ...
.[Vivek Ranadivé]
''San Francisco Business Times''. 9 September 2007.
Teknekron Software Systems
Teknekron Corp., a technology incubator, 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. (using the trademark Cisco) is an American multinational digital communications technology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware, s ...
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 are Skillit (platform)
Eversight
Workramp
Jerry.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 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 and Mark Mastrov to attempt to purchase the 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 Pacific Division (NBA), Pacific Division of the Western Confere ...
. 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 Pacific Division of the Western Conference. Founded in 1946 i ...
. 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. 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.
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
Micheal Ray Stevenson[Micheal Ray Stevenson](_blank)
. 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 land-grant research university in Berkeley, California, United States. Founded in 1868 and named after the Anglo-Irish philosopher George Berkele ...
with a marine science degree, founded Jaws & Paws, a marine and wildlife conservation nonprofit that spreads awareness about 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. She was also part of the 2022
The year began with another wave in the COVID-19 pandemic, with SARS-CoV-2 Omicron variant, Omicron spreading rapidly and becoming the dominant variant of the SARS-CoV-2 virus worldwide. Tracking a decrease in cases and deaths, 2022 saw ...
NBA All-Star Celebrity Game.
Ranadivé coached his daughter's 12-and-under girls' basketball team despite never, by his own account, 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 a Canadian journalist, author, and public speaker. He has been a staff writer for ''The New Yorker'' since 1996. He has published eight books. He is also the host of the podcast ''Revisionist ...
in the pages of ''The New Yorker
''The New Yorker'' is an American magazine featuring journalism, commentary, criticism, essays, fiction, satire, cartoons, and poetry. It was founded on February 21, 1925, by Harold Ross and his wife Jane Grant, a reporter for ''The New York T ...
'', and later included in Gladwell's 2013 book, '' David and Goliath''.
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 male non-fiction writers
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