Unicorn $50m

How We Bootstrapped Backblaze from $0 to IPO

... and $87m in ARR

Created by: Gleb Budman

Last updated: 28th Sep, 2023

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    How We Bootstrapped Backblaze from $0 to IPO and $87m in ARR slide deck

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Instructor

Gleb Budman

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Co-Founder & CEO of BackBlaze

Gleb Budman is one of our co-founders and has served as our Chief Executive Officer since 2007. Mr. Budman has also served as a member of our Board of Directors since 2009 and Chairperson since January 2021. Prior to Backblaze, Mr. Budman served in various senior roles at SonicWall, Inc., MailFrontier, Inc. (acquired by SonicWall, Inc.) and Kendara, Inc. (acquired by Excite@Home, Inc.). Mr. Budman also previously founded two other startup companies. Mr. Budman earned a M.B.A. and B.S. in Mechanical Engineering from the University of California, Berkeley. We believe that Mr. Budman is qualified to serve as a member of our Board of Directors because of his extensive experience in leadership roles at various technology companies, and the continuity that he brings to our Board of Directors as our co-founder and Chief Executive Officer.

Revenue: $101M

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Excel file and training we used to launch our profit sharing plan at our $3m ARR SaaS company.

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