A profitable ride at Smart Modular

FOUNDER SOLD, BOUGHT, WENT PUBLIC TWICE

By Chris O'Brien
Mercury News

Almost two decades after Ajay Shah founded Smart Modular, he's on the verge of getting yet another sizable payday from selling stock in a company he's sold once, bought once, and taken public twice. Shah's good fortune says a lot about how Silicon Valley has changed since he started the company with his wife in 1988.

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