American - Businessman | February 4, 1965 -
When you're building a company, you need to continually strengthen every component - finance, strategic partnerships, executive team, and relationships with every last constituency.
Michael J. Saylor
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It's easy to fall into the trap of assuming that a new technology is very similar to its predecessors. A new technology is often perceived as the linear extension of the previous one, and this leads us to believe the new technology will fill the same roles - just a little faster or a little smaller or a little lighter.
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The basis of the free market is anytime you can generate revenue or profit, you've created value in excess of the resources you consume in a society. That's probably the most unbiased utility function there is, as opposed to someone's opinion.
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You could call me on the phone and say, 'Someone blew up your entire house, Mike.' If it's not a person involved, I would sort of blink, whatever. That's all replaceable, right?
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There's nothing more frustrating than seeing cynics sit there and say, 'Well, nobody can make any more money because Microsoft and Intel own everything.' Is the software industry mature, or is it embryonic? I would say it's embryonic. There will be a hundred more Microsofts, not just one.
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Whenever teenage girls and corporate CEOs covet the same new technology, something extraordinary is happening.
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I basically got an education in software on DuPont's money because they were too stubborn to admit that a recession was coming.
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Nobody has really grasped yet the great wealth that can be made selling data over the Web. There are 100 million potential customers out there.
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I've developed a much greater respect for our politicians and every high-tech CEO. It's very easy to read about the things they did that you, of course, would have avoided in hindsight.
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I grew up in a family where no one had written a newspaper or magazine article about anybody in my family for a hundred years, right? Then, all of a sudden, we're getting one millennium's worth of media attention in six months.
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Instead of five hundred thousand average algebra teachers, we need one good algebra teacher. We need that teacher to create software, videotape themselves, answer questions, let your computer or the iPad teach algebra... The hallmark of any good technology is that it destroys jobs.
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I think my software is going to become so ubiquitous, so essential, that if it stops working, there will be riots.
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