Rubrik is younger than Cohesity and is growing much faster than Cohesity.
Mostly true True in substance, wrong in a detail.
Factual: Statements about the present or the past, checked against the record: did they hold up?
The second judge would not resolve this claim; the verdict shown is the first judge's.
What would count as true or false
Judge as of 2019-05-16. There are two parts. Rubrik is younger: compare founding dates (Cohesity is usually dated 2013, Rubrik 2014). Growing much faster: compare revenue or bookings growth rates reported for about 2018–2019. True: Rubrik was founded later and credible reports show clearly higher growth (for example, a growth rate notably higher than Cohesity's). Mostly true: both parts hold, but the growth gap is modest rather than 'much' faster. Mixed: only one of the two parts holds. Mostly false: Rubrik was younger but grew at a similar or slower rate, or was not younger but grew only slightly faster. False: Rubrik was neither younger nor growing faster.
Set before the research began.
Evidence (10)
-
E1 Cohesity - Wikipedia Wikipedia
“Cohesity was founded in June 2013 by Mohit Aron.”
-
E2 Rubrik - Wikiwand Wikiwand (mirror of Wikipedia)
“Rubrik, Inc. is an American cloud data management and data security company based in Palo Alto, California, founded in January 2014.”
-
E3 Cohesity Increases Revenues 300 Percent in FY 2018 and Announces Massive Customer Growth as Enterprises Globally Embrace the Company's Hyperconverged Secondary Storage Platform Cohesity · 21 August 2018 Own record
“its revenues from fiscal year (FY) 2018, which closed on July 31, increased 300 percent year-over-year.”
-
E4 Cohesity Closes $250 Million Funding Round, Including Support From HPE, Cisco | CRN CRN · 9 April 2020
“The company also said that, during the first half of its fiscal year 2019, from August to January, it saw recurring revenue grow 150 percent compared with the same period of last year.”
-
E5 Cohesity Increases Revenues 300 Percent in FY 2018 and Announces Massive Customer Growth as Enterprises Globally Embrace the Company's Hyperconverged Secondary Storage Platform Cohesity (press release) · 21 August 2018
“Cohesity, the leader of hyperconverged secondary storage, today announced that its revenues from fiscal year (FY) 2018, which closed on July 31, increased 300 percent year-over-year.”
-
E6 Cohesity Increases Revenues 300 Percent in FY 2018 and Announces Massive Customer Growth as Enterprises Globally Embrace the Company's Hyperconverged Secondary Storage Platform Cohesity (press release) · 21 August 2018
“The company also announced that it quadrupled the size of its customer base compared to the previous fiscal year.”
-
E7 Top Fastest Growing Storage Companies in 2018 StorageNewsletter.com · 6 February 2019
“| Ranking | Vendors | 2017/2018 Growth | Activity | | 1 | Rubrik | 500% | software platform to manage and protect data in the cloud, at the edge, and on-premises |”
-
E8 Top Fastest Growing Storage Companies in 2018 StorageNewsletter.com · 6 February 2019
“This time one company recorded 500% growth, two recorded 400% yearly growth: Excelero and WekaIO, then Portworx 376%, Cohesity 300% and Talon 128%.”
-
E9 Top Fastest Growing Storage Companies in 2018 StorageNewsletter.com · 6 February 2019
“Last year there was also three of them grew more than 100%: Cohesity (600%), BlueData (330%) and N2WS Software, acquired by Veeam (102%).”
-
E10 Cohesity partners benefit from storage players strong FY19 | Microscope Computer Weekly (Microscope) · 11 October 2019
“The vendor has shared details of its FY19 with the firm reporting software revenues growing by more than 100% and more than 50% of its revenues now coming on a recurring basis.”
Reasoning
Cohesity was founded in June 2013 (E1) and Rubrik in January 2014 (E2), so the claim that Rubrik is younger holds. StorageNewsletter's February 2019 ranking of the fastest-growing storage companies of 2018 lists Rubrik first at 500% growth for 2017/2018 and Cohesity at 300% (E7, E8). That is consistent with Cohesity's own report of 300% revenue growth in FY2018 (E3/E5). Rubrik's figure is clearly higher, but it comes from a single compilation that does not say what was measured (revenue or bookings), so the evidence for "much faster" is limited and the verdict is mostly true rather than true.
Cite this claim
Vinod Khosla, “Rubrik is younger than Cohesity and is growing much faster than Cohesity.” (said 16 May 2019). Verdict: mostly true. Reliability API, claim c_4c6682edec53, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_4c6682edec53
This claim is in dataset release v1.1.2, with the same verdict.
Reply to this claim
More factual claims by Vinod Khosla
-
Mostly true
“And massive outcomes for @khoslaventures and others but more importantly a big change in the devops landscape.”
GitLab's outcome produced massive financial returns for Khosla Ventures and other investors.
-
Resolved true
“AMZN price declined 90% next few years!”
Amazon's stock price declined 90% over the few years following the dot-com era.
-
Resolved true
“What it is today wasn't part of the plan when we originally invested.”
-
Mostly false
“Weeks before your program aired, View secured an additional $100 million in private funding to ramp production at its Mississippi-based manufacturing facility, which is creating scores of new…”
-
Mostly false
“Cleantech subsidies are a miniscule fraction of one-percent of these amounts.”
Verdicts are made automatically; how verdicts are made.