Grit
The Unlikely Path to Building a Billion-Dollar Gov Tech Company | Zac Bookman
Mar 24, 2025
Zac Bookman, CEO and co-founder of OpenGov, shares his journey in revolutionizing government transparency through innovative technology. He dives into his company's mission for effective governance, the challenges of product-market fit, and the high stakes of early startup life. Zac recounts near-failures, strategic acquisitions, and the transformative impact of a recent $1.8 billion acquisition by Cox Enterprises. He also candidly reflects on personal growth through a cross-country bike ride, facing unexpected challenges that mirror the turbulence of entrepreneurship.
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Quick takeaways
- OpenGov's mission is to enhance governmental effectiveness and accountability by modernizing outdated public sector systems with cutting-edge technology.
- Zac Bookman emphasizes the importance of aligning talent with the company's mission, ensuring that employees are and passionate about public service.
Deep dives
The Vision Behind OpenGov
The mission of OpenGov is to create a more effective and accountable government through technology, specifically by modernizing outdated systems currently in use by public entities. Zach Bookman emphasizes the goal of building a cloud-based enterprise resource planning (ERP) system designed uniquely for state and local governments, where antiquated green screen systems and paper processes dominate. This initiative aims to streamline operations, enhance transparency, and promote efficiency by replacing decades-old technology with innovative digital solutions. Bookman's commitment remains steadfast despite numerous challenges, including significant financial struggles that almost led to the company's closure shortly after its inception.
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