Where did Marc Benioff come up with Salesforce?
It was also this trip where Benioff came up with the idea for Salesforce, a cloud-based CRM that could be accessed as easily as Amazon.com. Source – Trailblazer, p6, Marc Benioff. 7. Telegraph Hill Benioff founded Salesforce along with three others, in a small apartment 1 bedroom apartment atop Telegraph Hill in San Francisco.
Who is David Benioff?
A member of the World Economic Forum (WEF) board of trustees, Benioff co-founded 1t.org-the global movement to conserve, restore, and grow 1 trillion trees-and the WEF Friends of Ocean Action. He also serves as the inaugural chair of WEF’s Centre for the Fourth Industrial Revolution in San Francisco.
How old was David Benioff when he started Liberty Software?
While still in high school, Benioff sold his first application, How to Juggle, for $75. At 15 years old, he founded Liberty Software, creating and selling games such as Flapper for the Atari 8-bit.
What inspired Marc Benioff to work for a tech company?
Here, Benioff got his first taste of working for a tech company, as well as being influenced by Apple founder and CEO Steve Jobs who was always in the building. Source – Behind The Cloud, p20, Marc Benioff.
Who is founder of Salesforce?
Marc BenioffParker HarrisSalesforce/FoundersMarc Benioff is Chair, Co-CEO, and Co-Founder of Salesforce and a pioneer of cloud computing. Under Benioff's leadership, Salesforce is the #1 provider of customer relationship management (CRM) software globally and one of the world's fastest-growing enterprise software companies.
What companies does Marc Benioff own?
Salesforce. With the support of a number of employees that came with him from Oracle, Benioff founded Salesforce in 1999 as the first SaaS company around. ... Slack. ... Click Software. ... Mulesoft. ... Demandware. ... ExactTarget. ... Time. ... Philanthropy.
How did Marc Benioff start Salesforce?
Benioff founded Salesforce in 1999 in a San Francisco apartment and defined its mission in a marketing statement as "The End of Software." This was a slogan he used frequently to preach about software on the Web, and used as a guerilla marketing tactic against the dominant CD-ROM CRM competitor Siebel at the time.
How much of Salesforce does Benioff own?
about 3%The majority of Benioff's fortune is derived from his stake in Salesforce, a provider of customer relationship software. He owns owns about 3% of the company, according to a January 2022 filing.
Is Salesforce bigger than Oracle?
Oracle has the highest overall revenue by far: its $40 billion in annualized revenue is 25% bigger than SAP's $32 billion, and 2X as big as Salesforce's $19 billion.
Does Oracle own Salesforce?
Since Marc Benioff founded the company 20 years ago, Salesforce has run its business on the Oracle Database. Several years ago, Oracle moved aggressively into the SaaS business and became a direct competitor of Benioff's in the CRM space.
What is Marc Benioff net worth?
7.1 billion USD (2022)Marc Benioff / Net worth
When was Salesforce founded?
February 1999, CaliforniaSalesforce / Founded
Why Salesforce is so successful?
One of the reasons that Salesforce is so popular is that it is packed with features like no other CRM software; features such as contact management, workflow creation, task management, opportunity tracking, collaboration tools, customer engagement tools, analytics and an intuitive, mobile-ready dashboard.
How much does the CEO of Salesforce make?
$25,740,775Marc Benioff made $25,740,775 in total compensation as Chairman of the Board and Chief Executive Officer at Salesforce.com Inc in 2021. $4,374,100 was received as Total Cash, $20,000,120 was received as Equity and $1,366,555 was received as Pension and other forms of compensation.
Who is the current CEO of Salesforce?
Marc Benioff (Nov 2001–)Salesforce / CEO
How much is Dan Gilbert worth?
17 billion USD (2022)Dan Gilbert / Net worth
Why did Benioff create Salesforce?
Building a different kind of company, Benioff created Salesforce to not only develop great products, but also to have a positive impact on the world. On day one, Benioff created the 1-1-1 model of philanthropy, which leverages the resources of Salesforce to improve communities around the world.
How old was Benioff when he started Liberty Software?
When he was 14 years old, he sold his first piece of software, “How to Juggle,” for $75. He founded his first company, Liberty Software, which created video games, at the age of 15. Benioff received a B.S. in Business Administration from the University of Southern California, where he is on its Board of Trustees.
How old was Benioff when he founded Liberty Software?
At 15 years old, he founded Liberty Software, creating and selling games such as Flapper for the Atari 8-bit. Epyx published his King Arthur's Heir, The Nightmare, Escape from Vulcan's Isle, and Crypt of the Undead, and by 16, Benioff was earning royalties of $1,500 a month, enough to pay for college.
What does Benioff say about business?
He follows the World Economic Forum founder Klaus Schwab 's stakeholder approach to leadership, which says that leaders should serve not only their shareholders but all stakeholders, including customers, employees, partners, communities and the environment, to make the world a better place.
How much did Marc Benioff donate to Team Trees?
In November 2019, Marc Benioff donated $900,000 to Team Trees. In October 2020, Marc and Lynne Benioff were named as one of the alliance partners of Prince William 's Earthshot Prize to find solutions to environmental issues.
How much is Marc Benioff worth?
Marc Russell Benioff (born September 25, 1964) is an American internet entrepreneur, with a net worth of $8.8 billion as of May 2020. [update] . He is the founder, chairman and CEO of Salesforce, an enterprise cloud computing company.
What did Benioff do in 2016?
Benioff led a similar movement in February 2016 against Georgia's HB 757, the First Amendment Defense Act. He announced that Salesforce would reduce investments in Georgia and cancel an annual conference if the bill was passed as-is. A month later, the Governor vetoed the bill.
How long was Benioff at Oracle?
Prior to founding Salesforce, Benioff was at Oracle for 13 years in a variety of executive positions in sales, marketing, and product development. At 23, he was named Oracle's Rookie of the Year and three years later, he was promoted to vice president, the company's youngest person to hold that title.
When did Benioff join Obama?
On the heels of the salary assessment, Benioff joined President Barack Obama in January 2016 as he celebrated the anniversary of the Lily Ledbetter Fair Pay Act and renewed his call on Congress to pass the Paycheck Fairness Act.
Who is Marc Benioff?
Benioff riffs on his early days at Apple and Oracle, and what’s wrong with Facebook. Marc Benioff, the chief executive officer of Salesforce.com, believes he can make the world a better place while also making hefty profits for his company.
What is Salesforce San Francisco?
Salesforce is the biggest tech company in San Francisco. We can unleash a power onto this city. All of these people can go into the public schools and volunteer, and they can work and make the city better. They can improve the state of the city, improve the state of the world.
What is Salesforce a cloud?
Salesforce is a cloud computing pioneer that helped popularize the software-as-a-service business model. And Mr. Benioff has fashioned himself as a benevolent chieftain who can make the world a better place while making hefty profits, too.
Who is Marc Benioff?
Marc Benioff, CEO of Salesforce C BS News.
What is Benioff's cause?
In 2015, he threatened to pull Salesforce investments from states that passed anti-gay or anti-transgender laws. Now his cause is equal pay for equal work. Lesley Stahl: This is your passion.
Why is Benioff crazy?
Crazy because Benioff had already made promoting and retaining women a priority at Salesforce. But personnel chief Cindy Robbins says he'd never ordered an audit to make sure men and women were being paid equally. "The World Economic Forum says that it'll take more than 100 years for us to pay men and women equally.
Who is the Salesforce chief?
Salesforce personnel chief Cindy Robbins CBS News. Ellen Kullman: I think what he's doing is absolutely phenomenal. And he is committed. Ellen Kullman is the former CEO of DuPont, and now co-chairs an organization of high-powered businesswomen pushing for equality in the corporate world.
Awards and recognition
Philanthropy
- Building a different kind of company, Benioff created Salesforce to not only develop great products, but also to have a positive impact on the world. On day 1, Benioff created the 1-1-1 model of philanthropy, which leverages the resources of Salesforce to improve communities around the world. Today, more than 5,000 companies have adopted the 1-1-1 ...
Organizations
- A member of the World Economic Forum (\"WEF\") Board of Trustees, Benioff serves as the inaugural Chair of WEF's Forum Center for the Fourth Industrial Revolution in San Francisco.
Business
- Before launching Salesforce, Benioff spent 13 years at Oracle Corporation, where he was the youngest vice president in company history. When he was 14 years old, he sold his first piece of software, How to Juggle, for $75. He founded his first company, Liberty Software, which created video games, at the age of 15.
Personal
- Benioff received a B.S. in Business Administration from the University of Southern California, where he is on its Board of Trustees. In 2014, USC awarded Benioff an honorary degree of Doctor of Humane Letters.