Oracle Gives Birth to Salesforce.com Gives Birth to…

January 31, 2008

First Oracle alumni leave to found Salesforce.com and other ventures, now, the second generation of alumni are leaving to form their own companies.

Denis Pombriant, of CRM Buyer, posted an interesting article about the trend of executives from key tech companies leaving industry leaders such as Oracle and Salesforce.com to found their own ventures.

In particular the story covers the recent departure of Salesforce.com CSO, Tien Tzuo. Tzuo left Salesforce.com with Benioff’s blessing and started Zeora, a firm looking to provide on-demand billing via SaaS.

From CRM Buyer:

“Now, the next generation of alumni is making its way onto the stage: alumni of the companies founded by Oracle expatriates. Numerous Salesforce.com and Siebel alumni are beginning to take their places as founders. Last year, for example, former Salesforce.com Senior Vice President Peter Gassner started Verticals onDemand along with Siebel alumnus Matt Wallach as his vice president of sales and marketing.”

Read the full article here.

Editors rating: 4.5/5 star. Great read.

Written by Adam Killam · Filed Under Salesforce.com News