Rich Karlgaard, Churchill Club & Forbes | The Churchills 2019
Channel: SiliconANGLE theCUBE
Date: 2019-09-13

Rich Karlgaard, Publisher, Forbes; Co-founder, Churchill Club sits down with Jeff Frick for The Churchills 2019 at Hyatt Regency in Santa Clara, CA.

#TheChurchills #theCUBE 

https://siliconangle.com/2019/09/25/fast-times-at-silicon-valley-as-risk-taking-entrepreneurs-lead-mega-corporations-thechurchills/

Know when to call it quits

“Sometimes you have to hand the baton,” Karlgaard stated. “Bill Gates was a fabulous leader of Microsoft, but they ran too fast; they ran too hard.”

Oracle Corp. is another example of a founder who made the smart decision to share the power, according to Karlgaard.

“Larry Ellison led the brilliant early days of Oracle. But when he got in trouble with the Securities and Exchange Commission, he had to really make way for a strong number two, Ray Lane,” Karlgaard stated. “That turned out to be the perfect complement. You had Ellison’s vision and drive, but you had Lane’s ability to run really good operations.”