I am also involved with all the acquisitions and overall strategy. Now it's true, I don't run operations. But I've never really run operations. I've never had the endurance to run sales. The whole idea of selling to the customer just isn't my personality. I'm an engineer, tell me why something isn't working or is and I am curious.
Larry EllisonI can't think of anything that isn't cloud computing with all of these announcements. The computer industry is the only industry that is more fashion-driven than women's fashion. Maybe I'm an idiot, but I have no idea what anyone is talking about. What is it?
Larry EllisonBoth 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.
Larry EllisonI think about the business all the time. Well I shouldn't say all the time. I don't think about it when I am wakeboarding. But even when I am on vacation, or on my boat; I am on email everyday. I am always prowling around the internet looking at what our competitors are doing.
Larry EllisonWe 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.
Larry EllisonIf 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.
Larry EllisonMicrosoft is already the most powerful company on earth but you ain't seen nothing yet.
Larry EllisonThe most important aspect of my personality as far as determining my success goes; has been my questioning conventional wisdom, doubting experts and questioning authority. While that can be painful in your relationships with your parents and teachers, it's enormously useful in life.
Larry EllisonI think I am very goal oriented. I'd like to win the America's cup. I'd like Oracle to be the No 1 software company in the world. I still think it is possible to beat Microsoft.
Larry EllisonWe saw โ we conducted the experiment. I mean, itโs been done. We saw Apple with Steve Jobs. We saw Apple without Steve Jobs. We saw Apple with Steve Jobs. Now, weโre gonna see Apple without Steve Jobs.
Larry EllisonIf the Internet turns out not to be the future of computing, we're toast. But if it is, we're golden.
Larry EllisonThe computer industry is the only industry that is more fashion-driven than women's fashion. Maybe I'm an idiot, but I have no idea what anyone is talking about. What is it? It's complete gibberish. It's insane. When is this idiocy going to stop?
Larry EllisonThose that believe this is merely a downturn are mad. Our industry is going to mature and as something matures, the rate of innovation does slow.
Larry EllisonIf an innovative piece of software comes along, Microsoft copies it and makes it part of Windows. This is not innovation; this is the end of innovation.
Larry EllisonOracle's got 100+ enterprise applications live in the #cloud; today, SAP's got nothin' but SuccessFactors until 2020.
Larry EllisonWhen you're the first person whose beliefs are different from what everyone else believes, you're basically saying, "I'm right, and everyone else is wrong." That's a very unpleasant position to be in. It's at once exhilarating and at the same time an invitation to be attacked.
Larry EllisonI 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.
Larry EllisonMost companies don't want their data co-mingled with other customers. Small companies will tolerate it.
Larry EllisonBecause software is all about scale. The larger you are, the more profitable you are. If we sell twice as much as software, it doesn't cost us twice as much to build that software. So the more customers you have, the more scale you have. The larger you are, the more profitable you are.
Larry EllisonI think after a certain amount, Iโm 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.
Larry EllisonI have run engineering since day one at Oracle, and I still run engineering. I hold meetings every week with the database team, the middle ware team, the applications team. I run engineering and I will do that until the board throws me out of there.
Larry EllisonWhen you find errors in conventional wisdom-when everyone says A and A is not true-you gain competitive advantage. Only a few times do you have to find errors in conventional wisdom to make a living.
Larry EllisonWhen you live your life in different ways, it makes people around you become uncomfortable. So deal with it. They don't know what you are going to do.
Larry EllisonGreat achievers are driven, not so much by the pursuit of success, but by the fear of failure.
Larry EllisonI 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.
Larry EllisonWhen I do something, it is all about self-discovery. I want to learn and discover my own limits.
Larry EllisonBill Gates wants people to think he's Edison, when he's really Rockefeller. Referring to Gates as the smartest man in America isn't right... wealth isn't the same thing as intelligence.
Larry EllisonI know some people are offended by the fact that I'm spending a lot of money trying to win the America's Cup. I could have given all that money to charity.
Larry EllisonIf you do everything that everyone else does in business, you're going to lose. The only way to really be ahead, is to 'be different'.
Larry EllisonYou 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.
Larry EllisonBill Gates is the pope of the personal computer industry. He decides who is going to build.
Larry EllisonTo model yourself after Steve Jobs is like, 'I'd like to paint like Picasso, what should I do? Should I use more red?'
Larry EllisonIt's fascinating as we continue to innovate and lead the way in both the application space and the database space. In the very beginning, people said you couldn't make relational databases fast enough to be commercially viable. I thought we could, and we were the first to do it. But we took tremendous abuse until IBM said, "Oh yeah, this stuff is good."
Larry Ellison