Anjali Sud Net Worth: How Rich Is The Businesswomen Actually?

Anjali Sud is an accomplished businesswoman who is best known for leading Vimeo. In July 2017, Sud was chosen to lead the online video platform. She is a member of the Dolby Laboratories board as well.

In 2018, Sud was one of the 40 emerging business executives who made up Fortune’s 40 lists. Anjali Sud’s personal wealth is still being investigated right now. After Vimeo started trading on Nasdaq, Anjali Sud recently posted a thank-you note on Twitter.

 Early Life

Anjali Sud was born on August 13th, 1983, in the city of Detroit, which is located in the state of Michigan, United States. She was born in Michigan to parents who were originally from India and had immigrated there.

Her father used to run a recycling plant for plastics in Flint, Michigan, where they currently live. She always listened to what her father had to say about things.

She started the application process for prep school on her father’s recommendation, even though she had no idea what prep school was or how it worked.

Following the purchase of a book titled The Top Overall Colleges in America by her father, she sent applications to about 30 different prep schools.

In 1997, Sud relocated to Andover, Massachusetts, to attend Phillips Andover Academy. Phillips Andover Academy is located in Andover.

Wharton School of the Pennsylvania State University was where Sud earned her degree from the of Pennsylvania, with a concentration in Business Finance and Management.

After that, she went on to complete her Master of Business Administration degree at Harvard School of Management in 2011.

Professional Career

Professional Career She worked in the finance, media, and e-commerce industries in their relevant capacities correspondingly.

After she left Amazon, she went to work for Vimeo, which is a subsidiary of IAC and was eventually promoted to the position of Director of Global Marketing.

In later years, she also held the position of general manager for the Core creator business at Vimeo. She is the one who was responsible for developing the company’s product for hosting, distributing, as well as monetizing films.

During her time in that role, she was responsible for a few successful missions on the platform. This also covers Vimeo business, support, and collaboration for 360-degree videos, and review tools.

At this point, the corporation made the announcement that it intended to refocus its corporate strategies. The company shifted its focus from financing quality content to providing video artists with various pieces of software and tools.

She was responsible for overseeing the purchase of the live stream in September 2017. And then, two years after that, she was also responsible for overseeing the sale of the video editing tool Magisto.

Thrive Capital and GIC contributed 150 million dollars to the company in the form of equity during the month of November 2020, and the whole amount was assessed at 2.75 billion dollars.

Additionally, in January of this year, Vimeo raised $300 million in equity funding from T. Rowe Price and Oberndorf Enterprises, resulting in a company worth more than $5 billion.

IAC has also revealed that it will soon be spinning off Vimeo into its own separate public business in 2021. In addition to that, Sud is a member of the board of directors for Dolby Laboratories, and the World Economic Forum has recognized her as a Young Global Leader.

 

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Personal Life

Anjali Sud had a relationship with Matt. Regarding her husband, we have not yet obtained any additional information. She has a son by the name of Saavan, whom she shares from her previous marriage.

She enjoys being referred to be Saavi’s mother quite frequently. Additionally, her son is seen quite frequently posting photos on Instagram.

Anjali Sud Net worth

In her nearly 4 years as CEO, Anjali Sud has led Vimeo’s growth to a point where it is now worth one billion dollars. Recently, the company began trading for the first time on the Nasdaq stock exchange, and its beginning price was $52.09.

On May 25, 2021, however, the price had fallen to $47.15. According to estimates, the net worth is somewhere in the range of 0.5 million dollars.

Anjali Sud FAQ

Who is her husband and what is his name?

Matt is her husband’s name.

How much does Anjali Sud have in her net worth?

Anjali Sud has a personal wealth of five million dollars at present.

How old Anjali Sud is?

She will be 36 years old this year.

Conclusion

Anjali Sud is a powerful and successful entrepreneur. She put in a lot of effort to achieve this status, and as a result, she now has a net worth that is greater than 5 million US dollars.

News about Anjali Sud

An increasing range of tech layoffs now includes Peloton, Calm, and LinkedIn.

According to reports, Apple plans to reduce hiring in 2023.

Vimeo reduces employment by 6%, including at its Israel R&D facility.