Vivek Ranadivé
Vivek Yeshwant Ranadivé (; born 7 October 1957) is an Indian-American business executive, engineer, author, speaker and philanthropist. Ranadivé is the founder and former chief executive officer (CEO) of TIBCO Software, a business intelligence software company, and of Teknekron Software Systems. Ranadivé is also a co-owner and chairman of the National Basketball Association's Sacramento Kings. 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. He studied at the Bombay International School, located at Babulnath, Mumbai. 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. 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. After earning bachelor's and master's degrees in electrical engineering from MIT, he obtained an MBA from Harvard Business School in 1983. 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. Teknekron Software Systems Teknekron Corp., a technology incubator, provided $250,000 in seed capital to Ranadivé in 1985 to found Teknekron Software Systems. TIBCO In 1997, Ranadivé founded TIBCO Software Inc. with funding from Cisco 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, and 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. 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. 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. 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. Anjali goes by the stage name "Nani", which means maternal grandmother in Hindi,