Those 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 EllisonEveryone thought the acquisition strategy was extremely risky because no one had ever done it successfully. In other words, it was innovative.
Larry EllisonYou realize that life is short and fragile; and when you are facing walls of water, you understand your own mortality can change and how quickly things could change.
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 Ellison