We Study Billionaires - The Investor’s Podcast Network TIP238: NetSuite Founder Evan Goldberg (Business Podcast)
Apr 14, 2019
In this engaging conversation, Evan Goldberg, founder of NetSuite and a Harvard grad, shares his remarkable journey from tech innovator to selling his company for a staggering $9.3 billion. He discusses the importance of pivoting, acquiring essential skills, and finding mentors throughout your career. Evan reveals how he launched an accounting company without prior knowledge of the field and highlights the impact of cloud-based solutions on business. His insights on maintaining company culture and empowering talent are invaluable for aspiring entrepreneurs.
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First Company
- Evan Goldberg's first company focused on interactive website content using multimedia and animation.
- It was similar to what eventually became Flash, but Future Splash/Macromedia dominated the market.
NetSuite's Origin
- Goldberg realized the need for better business software while running his first company, using a mix of QuickBooks, Yahoo Stores, and email for operations.
- This, combined with Larry Ellison's vision of web-based accounting software, led to NetSuite's creation.
Culture and Growth
- Maintain a clear vision and mission throughout your company's growth.
- Align your culture with your target customers and their needs, balancing approachability with scalability.