During the time of Webex growing from $0 to greater than $700M, the company was sold to Cisco. The Webex team lost the passion and drive to further grow the business because many Webex veterans left and Cisco's integration with Webex was not successful.
I came to Silicon Valley in 1997 and joined WebEx. At that time, WebEx was small, only 10 engineers and two co-founders.
In 2007 WebEx was acquired by Cisco and I became Cisco's Corporate VP of engineering, in charge of collaboration software.
Every day I'd talk to my customers at Webex and they'd tell me how unhappy they were with our service. This was a terrible way to spend my days, it weighed heavily on my heart. I wanted to spend my days delivering happiness, and I knew I had to take charge of my own destiny to do that.
If you choose a market that already exists, say, networking equipment, you have to compete with an established company like Cisco. Even if your product is marginally better, Cisco can fudge it and outsell you.
If I were a Chinese dissident, I'd be grateful that Cisco had helped bring the Internet to China, but I'd also be outraged that Cisco may have helped the cops keep me under surveillance and catch me trying to organize protest activities.
At Cisco, I made every decision based on what was good for the company, and that pretty much ruined my marriage and my health.
Cisco never had a red quarter. Never. Took us three years to get funding, and in those three years, we were never in the red, and that was because we had two products to sell. They were not sexy or cool, but we had enough of a market that we could generate enough of a cash stream to grow the company.
Every company, city, and country is becoming digital, navigating disruptive markets, and Cisco's role in the digital transformation has never been more important.
The purity of sound that Cisco Music and Bernie Grundman have achieved with this 45rpm version of Famous Blue Raincoat 20th Anniversary Edition is shockingly perfect. I have never heard any version of Famous Blue Raincoat which sounds better... and I've heard them all. No caveats: This LP set is unbelievably gorgeous. I have been waiting two decades to hear it like this. Cisco's 45rpm edition is simply as good as Famous Blue Raincoat gets.
I long had a goal of becoming president of a company. But it was not till I was 57 years old that I became president of Cisco Systems with its 34 employees. Life offers opportunity at every stage.
I wanted to be a venture capitalist and join Sequoia Capital. They've financed and helped built some really special and enormously successful companies, including Google, Yahoo, Paypal, YouTube, Cisco, Oracle, Apple, and also Zappos.
I am a great believer that you need passion and energy to create a truly successful business. Remember many new businesses do not make it and running a business will be a tough experience, involving long hours and many hard decisions - it helps to have that passion to keep you going.
Continuous Integration is a software development practice where members of a team integrate their work frequently, usually each person integrates at least daily - leading to multiple integrations per day. Each integration is verified by an automated build (including test) to detect integration errors as quickly as possible. Many teams find that this approach leads to significantly reduced integration problems and allows a team to develop cohesive software more rapidly.
I've sold a lot of records. I've sold, like, 150 million records, and I don't think I've had that many good reviews. It's one of those things that when you're really successful, critics hate you just because you're successful.
Cisco has not and does not design products for the purpose of political censorship.
The Cisco announcement that their revenue might slow due to shortage of parts meant, therefore, Nortel was down because it's competing in the same market. I think that was the big negative.