Big Technology Podcast Salesforce Tumult, The ChatGPT API, Tinder Robberies
Mar 3, 2023
Tom Dotan, a Wall Street Journal reporter specializing in tech, joins the hosts to dissect Salesforce's recent struggles and unexpected successes. They delve into the company's corporate culture and the pressures from investors for profitability. The conversation also highlights the ChatGPT API's developments amidst the competitive landscape with Microsoft. Additionally, Dotan shares a gripping story about the rise of Tinder robberies, linking it to the vulnerabilities in digital payment systems and the challenges of frictionless transactions.
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Salesforce's Ohana Culture
- Salesforce, a large software company, is known for its growth-oriented approach and Ohana culture.
- This culture includes wellness initiatives, meditation rooms, and Hawaiian influences, reflecting CEO Marc Benioff's values.
Salesforce's Industry Influence
- Salesforce, despite not being a household name like Google or Apple, has significantly influenced the software industry.
- Pioneering cloud software and subscription models, their influence extends beyond brand recognition.
Activist Investor Pressure
- Salesforce faced pressure from activist investors due to lower profitability compared to peers and executive instability.
- This pressure pushed Salesforce to focus on increasing profitability and led to cost-cutting measures.
