#161 Founder & EVP of Oracle NetSuite, Evan Goldberg: Endless Possibilities
Grit23 Loka 2023

#161 Founder & EVP of Oracle NetSuite, Evan Goldberg: Endless Possibilities

Guest: Evan Goldberg, founder and EVP of Oracle Netsuite

In the late 1980s and early 1990s, Evan Goldberg working at Oracle, helping to bring its database software to the Mac. He left in 1995 because “I always wanted to do my own thing” and — with Larry Ellison’s support — launched his first startup, Embed. When it failed, he told Larry that he wanted another bite of the apple. “It’s the most exciting, it’s the most satisfying,” Evan said of startups. “It’s the highest risk, but ... even though I did just get married and we were going to have a kid, I still had this real appetite for risk.” The gamble paid off: In 2016, Oracle bought Netsuite for $9.3 billion, and he’s been back “home” ever since.

In this episode, Evan and Joubin discuss overestimating and underestimating, rose-colored glasses, collaborative partnerships, Marc Benioff, Larry Ellison’s superpowers, AI skepticism, Rise of the Resistance, energy vs. focus, supportive partners, Zach Nelson and Jim McGeever, and building the cloud.

In this episode, we cover:

  • Eighteen years to $9.3 billion (00:47)
  • Startups and failure (03:36)
  • CEO vs. CTO vs. technical founder (06:38)
  • Growing up and moving to California (10:08)
  • Eight years at Oracle (12:30)
  • Introversion (16:12)
  • AI is the new internet (17:38)
  • The incumbents’ advantage in AI (23:30)
  • Inspiration to start something new (25:30)
  • Leaving Oracle in 1995 & starting Embed (28:17)
  • When to cut and run (32:16)
  • Evan’s wife, Cindy (36:05)
  • Starting NetSuite (40:18)
  • Going public and the stock rollercoaster (43:46)
  • OneWorld and fighter jets (47:17)
  • Oracle’s acquisition of NetSuite (50:48)
  • Co-founder and family cohesion (56:58)
  • Do-overs (59:25)
  • What would Evan do if not Netsuite? (01:02:29)
  • Who Netsuite is hiring and what “grit” means to him (01:03:41)

Links:

Jaksot(275)

Bootstrapped to $12B: Mailchimp’s Ben Chestnut on Life After the Exit

Bootstrapped to $12B: Mailchimp’s Ben Chestnut on Life After the Exit

Guest: Ben Chestnut, Former CEO and Co-Founder of MailchimpIf you find yourself selling your startup, then Mailchimp co-founder Ben Chestnut has some important advice for you: Get a dog. When Intuit bought Mailchimp in 2021 for $12 billion, the company asked Ben if he wanted to stay on as CEO, but he chose to “walk off into the sunset” and let the new owners take over. After that, he estimates it took 6 to 12 months before he stopped checking his email, social media, and calendar with the same level of stress a CEO might have. Adopting a dog, he discovered, forces you to “get OK with the voices in your head."“After the acquisition, that's all I do, I walk the dog,” Ben says. “And the dog was good therapy ... No judgments from a dog.”Mentioned in this episode: Intuit, Wolt, DoorDash, LinkedIn, Dan Kurzius, Salesforce, ExactTarget, Pardot, Constant Contact, Rackspace, Free by Chris Anderson, Wired Magazine, Charles Hudson, the Freemium Summit, Drew Houston, Dropbox, Evernote, Phil Libin, TechCrunch, Brian Kane, Catalyst Partners, Georgia Pacific, Scott Cook, Bing Gordon, Vinay Hiremath, Loom, Joe Thomas, Caltrain, Flickr, Saturday Night Live, Droga5, Cannes Film Festival, Strava, Twitter, LinkedIn, Nvidia, Glean, Rubrik, Amazon AWS, and Mechnical Turk.Links:Connect with BenLinkedInConnect with JoubinTwitterLinkedInEmail: grit@kleinerperkins.com Learn more about Kleiner Perkins

17 Maalis 1h 11min

Meet the Man Who’s Making Supersonic Flight Possible Again | Blake Scholl

Meet the Man Who’s Making Supersonic Flight Possible Again | Blake Scholl

Guest: Blake Scholl, Founder & CEO of Boom Supersonic“Passion and drive trumps knowledge and experience,” says Boom Supersonic CEO Blake Scholl. Long before he was running Boom — which earlier this year successfully tested the world’s first privately-developed supersonic jet — he was enabling “the world’s most obnoxious spam cannon” at Groupon, or designing a barcode-scanning game for retail shoppers.But eventually, Blake found the courage to be more audacious and do something closer to his lifelong love of aviation. He began educating himself about things he had never thought to learn, and tapping his LinkedIn network to get intros to the smartest people in the industry. “If you imagine yourself on like the day of IPO, 99 percent of what you needed to know to get to that day, you didn't know on day one,” he says. “So, why not take 99 percent to 99.5 percent, and work on the thing you really want to exist, even if you don't know anything about it yet?”Chapters: (01:07) - Blake on Boom’s beginnings (01:52) - Breaking the sound barrier (05:23) - Concorde’s legacy (09:36) - Navigating regulations (12:08) - Boomless supersonic flight (16:48) - The test flight (20:11) - Day-of nervousness (24:26) - Carrying passengers (26:55) - Cost & wi-fi (30:19) - “No middle seats” (32:35) - Hard tech (36:48) - What if Apple made a plane? (39:08) - Blake’s career journey (43:29) - The risk of failure (49:12) - Finding the courage (52:49) - Balancing life with Boom (56:42) - Learning how to build a jet (01:00:20) - The power of LinkedIn (01:02:38) - Y Combinator Demo Day (01:08:24) - Richard Branson (01:11:38) - Dividing yourself (01:14:19) - Being a focused dad (01:20:05) - Exuberance vs. fear (01:24:15) - Hiring slowly (01:27:17) - What “grit” means to Blake Mentioned in this episode: Chuck Yeager, ChatGPT, the Apollo program, Elon Musk, SpaceX and Falcon 1, Boom Overture, Starlink, Boeing, Airbus, iPhone, Jony Ive, Uber, Airbnb, Anduril, United Airlines, American Airlines, Eclipse Aviation, Tesla, Scott Kirby, Mike Leskinen, Inktomi, Yahoo!, Amazon, Pelago, Google Ads, Kima Labs, Barcode Hero, Groupon, iPad, Eric Schmidt, Steve Jobs, Khan Academy, Sam Altman, Loopt, Virgin Atlantic, Paul Graham, Michael Seibel, Ashlee Vance, Bloomberg, Hacker News, Jared Friedman, Sen. Mark Kelly, SV Angel, Ron Conway, Virgin Galactic, Lockheed Martin, Gulfstream, Jeff Bezos, Jeff Holden, and How It’s Made.Links:Connect with BlakeTwitterLinkedInConnect with JoubinTwitterLinkedInEmail: grit@kleinerperkins.com Learn more about Kleiner PerkinsThis episode was edited by Eric Johnson from LightningPod.fm

10 Maalis 1h 28min

#232 CEO NetApp, George Kurian: New Chapters

#232 CEO NetApp, George Kurian: New Chapters

Guest: George Kurian, CEO of NetAppFor almost 10 years, George Kurian has been CEO of the data infrastructure firm NetApp, overseeing its pivot to cloud services. After he  took the job — a surprise promotion dropped on him just days before it was announced — he had to learn on the job how the job could be.“ There are a lot more stakeholders that a CEO has to deal with than a chief product officer,” George says, referring to his previous role. “There's also a lot more external commitment ... It was a really all-consuming effort to get the company turned around.”He said the CEO job can be “fairly lonely” because you may want to be peers or friends with your team and your board — but in fact, they are sometimes your subordinates and your superiors, respectively.“ We wouldn't be here without others having contributed significantly on the journey,” George says. “[But] there are times when you have to step back and say, ‘I see a pattern that my team is not seeing,’ or ‘Do I think that we can do a better job than we are doing?’”Chapters:(01:10) - Commuting to Sunnyvale (04:49) - Growing up in India (08:04) - Protect the child (09:33) - Raising kids in Silicon Valley (12:44) - Money motivation (15:04) - NetApp’s renaissance (21:39) - Writing new chapters (23:15) - Culture shifts (26:38) - Coming to NetApp (29:41) - Surprise! You’re the CEO (32:41) - Making sacrifices (35:04) - Work vs. family tension (37:18) - Doubt & lonely decisions (42:38) - The data wave (45:27) - Enterprise AI (51:36) - Starting your own company (53:33) - Navigating difficulty (56:28) - Who NetApp is hiring (57:11) - What “grit” means to George Mentioned in this episode: EMC, OpenAI, DeepSeek, CalTrain, the San Francisco 49ers, Princeton University, Subway, Vons, Thomas Kurian, Google Cloud, Stanford University, Brian Cox, Oliver Jay, the Quakers, Jay Chaudhry, zScaler, Manmohan Singh, Oracle, IBM, Sun, Amazon, Microsoft, Glean, Kobe Bryant, Steph Curry, McKinsey, Akamai, Cisco, Gwen McDonald, and the San Francisco Friends School.Links:Connect with GeorgeLinkedInConnect with JoubinTwitterLinkedInEmail: grit@kleinerperkins.com Learn more about Kleiner PerkinsThis episode was edited by Eric Johnson from LightningPod.fm

3 Maalis 58min

#231 CEO & Co-Founder Harvey, Winston Weinberg w/ Ilya Fushman: Worthy Sacrifices

#231 CEO & Co-Founder Harvey, Winston Weinberg w/ Ilya Fushman: Worthy Sacrifices

Guests: Winston Weinberg, CEO & co-founder of Harvey; and Ilya Fushman, partner at Kleiner Perkins“If you think about pretty much any job out there in the world, we will have some sort of [AI] copilot,” says Kleiner Perkins partner Ilya Fushman. “The question is, who are the right folks to build it, and what’s their vision?”For Harvey CEO & co-founder Winston Weinberg, the vision is clear: Silicon Valley cannot and should not try to disrupt the legal profession by automating the job of lawyers. Instead, he says, they need to have “respect for the industry” before designing AI solutions that speed up specific tasks.“These industries are incredibly complex,” Winston says. “Legal is one of the oldest professions known to man. There are firms that are over a hundred years old. There are firms that are hundreds of years old, and having a brand that says, ‘We are partnering with the industry to transform it’ versus ‘We are just going to steamroll the industry’ is really important for us.”Chapters:(01:16) - The zeitgeist switch (02:58) - What is Harvey? (06:10) - Chief Law Officers (07:58) - Agentic workflows (09:43) - Ilya’s investment thesis (12:48) - Collaborating with AI (16:05) - Task automation (20:52) - Why is it called Harvey? (23:14) - Respecting the legal industry (26:43) - Winston’s past jobs (28:47) - First steps (32:13) - Scaling the company (35:02) - Scaling yourself (37:19) - Who works for Harvey (40:50) - Making mistakes (43:15) - Making sacrifices (45:51) - Growing too fast (50:50) - Setting priorities (54:54) - Harvey’s competitors (57:38) - Internal virality (01:00:46) - Testing Harvey’s limits (01:03:29) - Who Harvey is hiring (01:04:01) - What “grit” means to Winston Mentioned in this episode: ChatGPT, the Fortune 500, Microsoft Copilot, Gabe Pereyra, Activision, Excel, Counsel AI Corporation, Suits, Harvard University, Netflix, Dell, O'Melveny & Myers, Hueston Hennigan, Meta, Reddit, Jason Kwon, Anthropic, Marissa Mayer, Eric Schmidt, Google, Larry Page, Sergey Brin, and Glean.Links:Connect with WinstonTwitterLinkedInConnect with IlyaTwitterLinkedInConnect with JoubinTwitterLinkedInEmail: grit@kleinerperkins.com Learn more about Kleiner PerkinsThis episode was edited by Eric Johnson from LightningPod.fm

24 Helmi 1h 5min

#230 Co-founder & CEO, Wolt & Head of DoorDash International, Miki Kuusi: The Next Mountain

#230 Co-founder & CEO, Wolt & Head of DoorDash International, Miki Kuusi: The Next Mountain

Guest: Miki Kuusi, head of international at Doordash + CEO & co-founder of Wolt + co-founder of Slush tech conferenceBefore Miki Kuusi launched the Finnish delivery startup Wolt, which DoorDash acquired in 2022, he wasn’t just another startup entrepreneur. From 2011 to 2015, Miki was the CEO of the hugely influential European tech conference Slush, which brings thousands of founders and VCs to Helsinki every winter. “You could argue that Slush was my university for things leading up to Wolt, and what I do today,” Miki says. “That's where I learned most of the core lessons that I put into action.” One thing he remembers thinking in those early days: Everything was going to be redefined by the internet.“I just wanted to get a shot at building one of these services of the next hundred years,” he says. “And that was the driving motivator for me. If the driving motivator had been money, I don't think we would be here today.”Chapters:(01:14) - Act 3 (03:36) - Unlocking local commerce (06:13) - Selling Wolt (09:27) - The competition (14:20) - DoorDash’s and Wolt’s origins (17:50) - “Maybe we’re the idiots in the room” (22:44) - Difficult years (25:13) - Startups in Europe vs. U.S. (28:56) - Learning from DoorDash (31:51) - Market correction (35:24) - Delivery around the world (39:17) - “ Glorified recruiting companies” (42:31) - Convincing restaurants (44:11) - Slush (48:21) - The next mountain (54:13) - Ambition and concentration (59:58) - Family and distractions (01:04:34) - Email overload (01:07:07) - Time as currency (01:09:25) - Priorities and onboarding (01:15:49) - The power of culture (01:19:32) - Who Wolt and DoorDash are hiring (01:20:39) - What “grit” means to Miki Mentioned in this episode: Tony Xu, Uber, Lyft, Uber Eats, Postmates, Delivery Hero, GrubHub, DeepSeek, OpenAI, Anthropic, Kees Koolen and Booking.com, 83North, Supercell, DashPass, Wolt+, Microsoft Excel, Amazon, Parker Conrad and Rippling, Andreeseen Horowitz, Fortnite, WhatsApp, Barry’s Bootcamp, and Slack.Links:Connect with MikiLinkedInConnect with JoubinTwitterLinkedInEmail: grit@kleinerperkins.com Learn more about Kleiner PerkinsThis episode was edited by Eric Johnson from LightningPod.fm

17 Helmi 1h 21min

#229 Former CEO Activision Blizzard, Bobby Kotick w/ Bing Gordon: Change the Game

#229 Former CEO Activision Blizzard, Bobby Kotick w/ Bing Gordon: Change the Game

Guest: Bobby Kotick, former CEO of Activision Blizzard; and Bing Gordon, Advisor at Kleiner PerkinsIn 2020, when President Trump signed the executive order that would ban TikTok in the U.S., Bobby Kotick called his old friend Steven Mnuchin. The former Secretary of the Treasury told him that, if TikTok’s U.S. operations were to be sold to an American company, Microsoft would be the only bidder.A couple calls later, he reached ByteDance founder and CEO Zhang Yiming, who said he’d rather sell to Bobby than Microsoft. Concerned about his ability to get the deal done solo, Bobby called Microsoft CEO Satya Nadella and offered to make a joint bid. Nadella declined, but added, “ if the deal doesn't get done, we should sit down and talk about us buying Activision.” TikTok currently remains Chinese-owned, but three years later, Microsoft paid $75 billion for Activision Blizzard.Chapters:(01:16) - Forming Activision Blizzard (04:19) - Good acquisitions (09:21) - Electronic Arts and “Schedule C” (15:08) - Nintendo and Mediagenic (21:19) - Steve Wynn (29:24) - Wynn cashes out (35:14) - Tony Hawk’s Pro Skater (40:38) - Blizzard’s many sales (44:44) - World of Warcraft and Call of Duty (47:59) - Jurassic Park (50:40) - Chris Metzen (55:06) - David Geffen (58:11) - New competitors (01:02:25) - The harassment lawsuits (01:06:53) - Trying to buy TikTok (01:08:51) - Hardware design (01:12:52) - Polymarket, Donald Trump, and TikTok (01:15:19) - The Call of Duty Endowment (01:18:31) - Brian Stann and Hire Heroes USA (01:21:49) - Steve Jobs and Pixar (01:29:41) - The first Macintosh (01:31:29) - The Wii demo (01:33:42) - Nintendo 64, PlayStation and VR (01:37:35) - The hardest year (01:40:17) - Working with Brian Kelly (01:41:26) - Satya Nadella and Microsoft (01:44:39) - Xbox Game Pass (01:49:35) - What “grit” means to Bobby Mentioned in this episode: Vivendi, Bruce Hack and Arnaud de Puyfontaine, EA, Call of Duty, Bizarre Creations, Atari, Apple II, Commodore 64, Jean-Louis Gassée, Apple Lisa, Howard Lincoln, Philips, Magnavox Odyssey, Sutter Hill Ventures, Infocom and Zork, Toys-R-Us, Howard Hughes, E. Parry Thomas, Sun Valley, Thom Weisel, William Morris Endeavor, Guitar Hero, Davidson & Associates, Michael Morhaime, Allen Adham, World of Warcraft, Medal of Honor, Steven Spielberg, Michael Crichton, Chris Roberts, Overwatch, Tencent, Time Warner, Jeff Bewkes, Sheryl Sandberg, Lean In, Lina Khan, Samsung, Elon Musk, James L. Jones, UFC, E. Floyd Kvamme, Toy Story 2, Procter & Gamble, Ron Doornik, John Lasseter, Xerox PARC, Shigeru Miyamoto, Satoru Iwata, Goldeneye 007, James Bond, Barbara Broccoli, Oculus, Apple Vision Pro, Bill Gates, Steve Ballmer, Sam Altman, Mustafa Suleyman, Spotify, Candy Crush Saga, Disney, Phil Spencer, Clarence Avant and Motown Records. Links:Connect with BobbyTwitterLinkedInConnect with BingTwitterLinkedInConnect with JoubinTwitterLinkedInEmail: grit@kleinerperkins.com Learn more about Kleiner PerkinsThis episode was edited by Eric Johnson from LightningPod.fm

10 Helmi 1h 51min

#228 Co-Founder Alinea & Tock: Selling Experience

#228 Co-Founder Alinea & Tock: Selling Experience

Guest: Nick Kokonas, co-founder of the Alinea Group and former CEO of TockAs of October 1, 2024, Nick Kokonas is no longer an owner of the Alinea restaurant group, which he co-founded and ran for almost 20 years. When he bought a vineyard in Napa Valley prior to the exit, one of his sons remarked, “He's given up. Time to go out to pasture.”Nick admits that the work ahead of him is “not the same” as the high-pressure world of a Michelin-starred restaurant in Chicago. But he’s started working with the magician Nate Staniforth on a new restaurant concept that will present diners with illusions and surprises over the course of a two-hour experience. “If you want to feel wonder and feel childlike again, go see a magician,” Nick says. “[But] there’s so much bad cultural baggage ... what we wanted to do was create an experience that is not really about magic.”Chapters:(02:29) - Celebrity restauranteurs (07:14) - The next act (12:30) - Buying the vineyard (15:37) - Fear is motivating (17:59) - Opening night (22:03) - Tongue cancer (27:56) - “OK, let’s fix this” (31:10) - Selling experience (38:32) - The table plate (42:40) - Feeling full (44:14) - Next Restaurant and Tock (49:33) - Being still (51:19) - Nate Staniforth’s lottery illusion (56:57) - The magic restaurant (01:02:29) - Being misunderstood (01:07:44) - Working via email (01:11:43) - “Enemies” (01:18:23) - Who Nick is hiring and what “grit” means to him Mentioned in this episode: Mike Gamson, Shaquille O’Neal, Jeff Kaplan, Steve Bernacki, Robin Anil, Grant Achatz, OpenTable, American Express, The Big Lebowski, The New York Times, eGullet, Gourmet Magazine, Roger Ebert, Eddie van Halen, Goodfellas, The Devil Wears Prada, Batman, the Chicago Bears, Madonna, Taylor Swift, Bavette’s and Brendan Sodikoff, Pablo Picasso, Chef’s Table, Google, Brian Fitzpatrick, Finding Real Magic, David Blaine, Mark Cuban, Mark Caro, Chicago Magazine, John Mariani, Cat Cora, Homaro Cantu, Dave Portnoy, Pete Wells, and Eric Asimov.Links:Connect with NickTwitterLinkedInConnect with JoubinTwitterLinkedInEmail: grit@kleinerperkins.com Learn more about Kleiner PerkinsThis episode was edited by Eric Johnson from LightningPod.fm

3 Helmi 1h 20min

#227: CEO & Founder Axon, Rick Smith: Push Risk

#227: CEO & Founder Axon, Rick Smith: Push Risk

Guest: Rick Smith, CEO & Founder of Axon (formerly TASER)Being a founder-CEO is a “unique superpower,” says Axon’s Rick Smith: People like him get a longer leash from the board to try things that outside CEOs might not.“My job is to push risk into the organization,” Rick says. “If there's a project with a 50 percent chance of success, a 50 percent chance of failure, but it's going to pay 100 to 1, any finance person will tell you, you should take that bet all day long.”One of those bets was the transition from running a weapons company called TASER into a broader public safety firm called Axon, which makes cloud-supported body cameras fro police, tactical drones, AI records management software and more. “If we never have a product failure, then we're not taking risks anymore and we're going to end up getting disrupted,” Rick says.Chapters:(01:09) - Tasers vs. guns (03:35) - Axon’s growth (07:09) - Biggest surprises (09:33) - How TASER got started (13:11) - Reinventing the taser (17:24) - A humiliating launch (23:33) - Rick’s family (26:14) - The Auto Taser failure (30:21) - The darkest days (34:26) - Hans Marrero (37:25) - Family and burnout (42:49) - Rick’s family (45:49) - Pivoting the business (51:37) - Axon body cameras (53:46) - Axon’s current products (58:08) - Re-educating the cops (01:02:09) - Pushing risk (01:05:44) - Competing with the gun (01:10:16) - Exponential stock plans (01:14:17) - Who Axon is hiring (01:14:46) - What “grit” means to Rick Mentioned in this episode: UnitedHealthcare and Brian Thompson, Harvard University, human-machine interfaces, Star Wars, Timecop, Star Trek, Jack Cover, Project Apollo, Ed Owen; the Bureau of Alcohol, Tobacco, and Firearms; Tom Smith, Rodney King, the Sharper Image, Steve Filmer, Phil Smith, Silicon Valley Bank, Emil Michael, Bob Kagle, Benchmark, Norwest Ventures, Molly Wuthrich, Josh Isner, The Terminator, Ferrari, Richard Branson, Burning Man, Steve Jobs, Brenda Smith, Hadi Partovi, Amazon AWS, Microsoft, DraftOne, Ambience Health, OpenAI, Mark Zuckerberg, Michael Brown, Computer Aided Dispatch, Elon Musk and SpaceX, and Luke Larson.Links:Connect with RickTwitterLinkedInConnect with JoubinTwitterLinkedInEmail: grit@kleinerperkins.com Learn more about Kleiner PerkinsThis episode was edited by Eric Johnson from LightningPod.fm

27 Tammi 1h 15min

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