For a while, Dropbox had to run two sets of data in parallel, mirroring data from AWS on their own infrastructure. The cost of the project was about $400 million - “as a private, growth-stage startup, that check raised a lot of eyebrows internally and with the board.” And it wasn’t a simple undertaking. Ajay explained that most companies move in the opposite direction, and conventional wisdom is that cloud storage enables companies to scale quickly with less expenditure. That mission statement empowered the finance team to take the bold step of moving data off the public cloud into their own custom-built infrastructure. He prefaced his story by explaining that the Dropbox finance organization had a strong mission statement: “Continuous improvement and strategic disruption.” To adhere to it, the department had annual OKRs around having an impact on the business to generate savings that could drive product investment. When he joined Airbase CEO, Thejo Kote, for a Path to Becoming a CFO session, his passion for excellence and innovation were clearly evident.Ījay shared the background on the decision to move Dropbox’s data storage from AWS to their own in-house infrastructure. He’s witnessed that power from an investor’s perspective and experienced it as CFO at Dropbox. Ajay Vashee firmly believes that the CFO has the ability to drive strategic change.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |