If you think you need to have Silicon Valley DNA to become a successful technology entrepreneur, Lars Dalgaard proves that it ain’t so. Lars is the CEO of SuccessFactors (Nasdaq: SFSF), a SaaS company which recently went public. SM: Lars, I want to start with your personal background – tell me who you are. LD:
SM: What is your philosophy of recruiting leadership? Is it domain expertise, leadership skills, both? BH: Yes, yes and yes! It is all of those things. It is a cultural fit. It is an excitement. There are not many maintenance jobs given the speed that we are growing at. We are looking for people with
SM: Let’s say in 5 years you are cleaned up and you have achieved a level of credibility and stability and market power to do interesting things. How do you see yourself leveraging that brand. What are the top three things you would do? JK: I think the main thing we want to do first
SM: In terms of where you are today, and from a business / financial point of view, what is your strategy? BH: For us, the near term is focused on scaling. The opportunity is big. Every time I say that, I end up doing an acquisition. We clearly do them and we have them in
SM: Do you work with foundations? JK: We do. We do not have what I call a structured program with any one foundation. What we have done in the past, in fact annually we do something with one or more foundations. SM: Given the strength is in the reading area, and Bill Gates is spending
SM: If some entrepreneur came up with an application which uses video conference as a delivery mechanism, would you invest in them? BH: Generally speaking, no we do not. I am not going to say never. However, we would rather partner. We have our R&D in India. We have a small team, and it has
SM: In the next 10 years, do you see LeapFrog morphing into more of an online company as opposed to a toy company? JK: I think we will be more of a content company, and by that virtue, I think we will be more online. SM: At some level these chips may not be necessary.
SM: How would that work? The doctor’s office has to buy the Polycom suite? BH: The best example I have seen is Escorts Hospital in India. There, the population is not served well in rural areas. They have outreach clinics and they have our device in a regional center. People will come into the regional