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Dheeraj Pandey On Nutanix Stock Price Fall: ‘Naysayers Are Best Ignored’

‘If you build something bold and audacious, you got to fall. But once you fall, how do you rise to the occasion and how do you learn from those mistakes, is what builds great companies,’ says Nutanix CEO Dheeraj Pandey.

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Pandey On The Record

Nutanix stock plummeted 32 percent last week after the hyper-converged pioneer reported weaker-than-expected financial guidance for its current third fiscal quarter. Before last week, Nutanix had yet to show any real decline in terms of sales momentum or any kinks in its hyper-converged software armor.

With Nutanix’s Nasdaq market cap dropping from roughly $9 billion to $6.4 billion as of Thursday, the company’s CEO has a message to all of its doubters.

“The best of companies have had stock drops like this,” said Nutanix CEO Dheeraj Pandey, who also co-founded the San Jose, Calif.-based company in 2009. “If you build something bold and audacious, you got to fall. But once you fall, how do you rise to the occasion and how do you learn from those mistakes, is what builds great companies.”

In an interview with CRN, Pandey talks to CRN about his message to channel partners and investors as well as Nutanix’s innovation and vendor partnership strategy.

 
 
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