SM: What were some of the major milestones in building the company from $37 Million to $682 Million a year? BH: Founding the company, what Brian and Jeff did was important. They had a great creative design. That is not the exact design we introduced, but close. You would know if you saw the original
SM: Sounds like an early version of WebEx! BH: It was a little different since WebEx is sharing files on a PC and this was displaying it in a conference room. WebEx was also a lot more successful than we were with that device. The audio conferencing grew and the company was profitable. SM: You
SM: Jeff, let’s start with your background. Where do you come from, where did you go to school, and how did you get into technology? I know that you went to MIT, and I have to say that it is a pretty good school! JK: Of course! We always referred to Harvard as the best
SM: What happened after Ampex? BH: I wanted to take more of a risk so I went to a small startup called Conner Peripherals. There was an article in Fortune about us being the fastest to the fortune 500. You have to look at them in quarters because a year was just too fast. I
SM: Let’s start the conversation with your story? Where did you grow up, where do you come from? BH: I grew up in New Rochelle New York, which is right outside of New York City. I went to grammar school there and then went off to the University of Massachusetts, Amherst for my BA degree.
SM: What would you like to conclude with? It seems like you are at a place in your life where you are building this company to a significant size and this is your life’s effort a built to last company versus built to flip. What are your departing thoughts? ZR: A couple of things come
SM: Listening to what you have said so far, you are going after businesses or segments which have a multi-channel dynamic. Not every industry has that. ZR: You are right about this, but a multi-channel is just one dimension. In areas where there are complexities of business, it can happen by multi-channel, complex pricing, globalization
SM: How much money did you raise? ZR: We raised about $42M from Accel and Accel KKR in June of 2000. We also had a couple of private Silicon Valley luminaries who invested in the Company. Eric Schmidt, the CEO of Google is an investor. Mark Andreesen, who co-founded Netscape, is also an investor. The