Phil Libin

Timestamps: 1:04 - Dropping out of college 6:53 - Selling a company for $26M at 30 13:00 - Evernote in 2007 38:18 - The out-of-office world 40:40 - Choosing where to live About Phil Libin: Phil Libin is the co-founder and former CEO at Evernote, the world’s best known note-taking app. Prior to Evernote, he built Engine5 and CoreStreet. He holds a BA in Computer Science from Boston University, which he began in 1989 and only finished in 2019. He originally dropped out shortly before graduating. Phil did not originally plan to become an entrepreneur, but despite his ambitions of working a steady job for a large company, he just couldn’t commit to that sort of life and instead prefered to build companies with his friends. It was only 20 years into this career that it occurred to him entrepreneurship was a valid option. He sold his company Engine5 for $26M in January 2000, right before the dot com bubble burst. Phil was 30 years old at the time. 25% of the money earned by the founders was held in escrow for 2 years — which turned out to be a very good thing, because the remaining 75% they invested into companies which then very quickly went bust. Around 2007, Phil and his team got to thinking about building something like a cognitive prosthesis, a second brain — the note-taking app to conquer all. Their research led them to a California team of scientists working on a very similar product, and they decided to combine the teams. Originally, Evernote was a product intended for journalists and investors. In 2015 Phil Libin stepped down from his CEO role at Evernote (remaining as Chairman until 2016) and moved on to new projects, such as the product studio All Turtles and the video communication company mmhmm. Memorable Quotes: "As young entrepreneurs, we always felt like we were failing. Like the reason we were starting these companies was because we couldn’t get real jobs." Resources Mentioned: Continuous Glucose Monitor 1491, by Charles C. Mann Kindle Don’t forget to give us a follow on our Twitter, Instagram, Facebook and Linkedin accounts, so you can always stay up to date with our latest  initiatives. That way, there’s no excuse for missing out on live shows,  weekly give-aways or founders dinners!

Phil Libin, founder of mmhmm and former Evernote leader, returns to share insights on his innovative video communication service. He discusses securing $100 million in funding and the commitment to enhancing user experience. Libin emphasizes the importance of building a diverse team to tackle software challenges. The conversation also touches on the evolution of video conferencing since the pandemic and advocates for asynchronous communication as a means to improve collaboration and flexibility in modern work environments.

Phil Libin, CEO of All Turtles, talks about the prerequisites for starting a company, including the importance of exceptional co-founders and assembling a talented team. He shares his experience merging companies and creating Evernote, as well as the pitfalls of being overly clever with company structure. He also discusses the desperation of securing an investment and the challenges and rewards of starting a company.

Phil Libin (@plibin) is the co-founder and executive chairman of Evernote. Evernote has roughly 150 million users, and I personally use it at least 10 times a day. It is my external brain for capturing all the information, documents, online articles, lists, etc. in my life. In this episode, Phil and I cover a ton. Here are just a few examples: - Philosophical and performance systems: Stoicism, electrical brain stimulation, and more - Phil's favorite lessons learned from Jeff Bezos (Amazon), Reid Hoffman (LinkedIn), and Hiroshi Mikitani (Rakuten) - Creating tech "for yourself" and Evernote's genesis story, leading to approximately 150 million users - The best toast in Singapore, the best hamburger in Tokyo, and why "Goat Simulator" is amazing. - Long-term (10,000-year) thinking and real versus imagined threats More importantly, he digs into his "a-ha" moments, and what you need to do bring your next big idea to life. Links, resources, and show notes from this episode can be found at http://fourhourworkweek.com/podcast This episode is sponsored by 99Designs, the world’s largest marketplace of graphic designers. Did you know I used 99Designs to rapid prototype the cover for The 4-Hour Body? Here are some of the impressive results. Click this link and get a free $99 upgrade. Give it a test run... This podcast is also brought to you by Athletic Greens. I get asked all the time, “If you could only use one supplement, what would it be?” My answer is, inevitably, Athletic Greens. It is my all-in-one nutritional insurance. I recommended it in The 4-Hour Body and did not get paid to do so. Get 50% off your order at Athletic Greens.com/Tim Enjoy!***If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading the reviews!For show notes and past guests, please visit tim.blog/podcast.Sign up for Tim’s email newsletter (“5-Bullet Friday”) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Interested in sponsoring the podcast? Visit tim.blog/sponsor and fill out the form.Discover Tim’s books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissFacebook: facebook.com/timferriss YouTube: youtube.com/timferrissPast guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, and many more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Phil Libin, Founder and CEO of mmhmm, previously led Evernote to great success. He discusses the emerging multi-trillion dollar restructuring of the world and the critical pitfalls of shortcuts in startups. Phil emphasizes the importance of structured hiring and team dynamics. He also explores the future of video communication and its unbundling from traditional platforms like Zoom, predicting an evolution in how we interact. Additionally, he reflects on his venture experiences and the importance of aligning founder and VC incentives.