Larry Ellison

Businessman

Larry Ellison is the co-founder of Oracle Corporation, known for revolutionizing database technology and shaping the software industry.

Born
August 17, 1944
Quotes
90
Rank
#2394

Quote collection

Larry Ellison quotes (page 4 of 5)

90 quotes — follow a thought to its full quote page.

Larry Ellison Businessman
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"If your cash is about to run out, you have to cut your cash flow. CEOs have to make those decisions and live with them however painful they may be. You have to act and act now; and act in the best interest of the company as a whole, even if it means that some people in the company who are your best friends have to work somewhere else."

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"If an open source product gets good enough, we'll simply take it. So the great thing about open source is nobody owns it - a company like Oracle is free to take it for nothing, include it in our products and charge for support, and that's what we'll do. So it is not disruptive at all - you have to find places to add value. Once open source gets good enough, competing with it would be insane. We don't have to fight open source, we have to exploit open source."

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"We saw — we conducted the experiment. I mean, it’s been done. We saw Apple with Steve Jobs. We saw Apple without Steve Jobs. We saw Apple with Steve Jobs. Now, we’re gonna see Apple without Steve Jobs."

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"We have been doing things that are contrary; the things that people tell us won't work from the beginning. In fact, the only way to get ahead is to find errors in conventional wisdom."

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"I think you might see us growing much deeper into banking. You might see us acquiring companies in the banking area. You might see us acquiring companies in the retail area. I think you might see us acquiring companies in the telecommunications. I think you will see us getting stronger in business intelligence."

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"Both my mother and I were determined that we weren't going to stay on welfare. We always worked toward doing better, toward having a better life. We never had any doubts that we would."

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"I'd prefer people read about Churchill and how he wasn't overwhelmed by Nazi Germany. Amazing; that the morale of a country rested on one person's shoulders. Extraordinary people carried that country through its darkest hours; truly inspirational. I suppose that's my theme. Whether it's a biography or a movie; whether it's fictional or true, I'm inspired by people doing great things."

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"If the Internet turns out not to be the future of computing, we're toast. But if it is, we're golden."

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"Really great blogs do not take the place of great microprocessors. Great blogs do not replace great software. Lots and lots of blogs does not replace lots and lots of sales."

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"It's my job for Oracle, the number two software company in the world; to become the number one software company in the world. My job is to build better than the competition, sell those products in the marketplace and eventually supplant Microsoft and move from being number two to number one."

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"There's a wonderful saying that's dead wrong. 'Why did you climb the mountain?' 'I climbed the mountain because it was there.' That's utter nonsense...You climbed the mountain because you were there, and you were curious if you could do it. You wondered what it would be like."

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"So what makes me happy? I was really happy to build this house. That's it; building things. The trouble with software is that it's very hard to show your aunt in Florida what you've done."

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"Most companies don't want their data co-mingled with other customers. Small companies will tolerate it."

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"I enjoy the competition and the process of learning as we compete. The whole thing is just fascinating. I don't know what I'll do when I retire. When I go sailing, I look around ... anyone want to race? I just love competing as opposed to just going out and watching the sunset."

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"You have to take a broader view and realize this is an industry like any other - telecoms, Railroads; they went through consolidation. Why shouldn't the computer industry be any different? This shouldn't have been a surprise to anybody but it seemed to be, and a lot of people thought I was nuts when I said these things. And that's why they are alone as a consolidator."

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"I was vehemently against acquisitions. Now let's buy everything in sight. Well, that's a slight exaggeration. We are a little more strategic than that. But everything was on sale."

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"I think after a certain amount, I’m going to give almost everything I have to charity. What else can you do with it? You can't spend it, even if you try. I've been trying."

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