Larry Ellison: I had all the disadvantages necessary for success

Can you take me back and tell me how you & # 39? Ve done this Larry, you’re, you’re, the godfather of technology. You founded this company, you’re, still thriving. You still come in with all these innovation things and I could see how passionate you are.

You’re beating everybody and you came from such humble beginnings – grew up on the south side of Chicago dropped out of college. Now you have collections of cars. Jets private homes owning the island of Lanai tell me how you did it well.

I think I think my favorite line is. I had all the disadvantages necessary for success. You know uh when you’re raised on the south side of Chicago. You probably want to move someplace nicer and I think if it doesn’t kill you and makes you stronger.

So I’ve, always been very ambitious. I’ve, always been very curious. I you know moved to Silicon Valley right out of right after I dropped out of college and got a job as a computer programmer. I learned how to program when I was in college, and I got a job as a computer programmer and bummed around Yosemite Valley, teaching, rock climbing and and and leading River River river trips during my early 20s.

But the way I supported myself was as a computer programmer, and I got involved with more and more interesting and complicated computer projects and decided to start my own company and then it grew and grew and grew yeah.

You have you’re competitive yeah. You know my original goal only started Oracle was to build a company of 50 people, people I enjoyed going to work with every day and people that I respected and enjoyed working with every day.

It got to be a little bigger than that. We have a hundred and fifty thousand people inside the company now and you ‘ Ve got four hundred forty thousand customers 145 countries. Where do you go from here? Well, we want to make sure we beat Amazon in cloud database very simple: it’s, just like playing basketball.

If you know, if you’re playing basketball, you want to beat the Warriors you want to be. You know you want to win the championship, be honest, so our job we have the best database in the world. We’ve got to deliver it in the context of a cloud that’s as easy to use as Amazon but secure, and that’s.

The key thing Amazon has great ease of use. We’ve got to marry that to security and all the capabilities to the autonomous database, and we’ll, be great. We just watched the trailer of the Iron Man, 2 movie, featuring the Oracle of Oracle, Larry Ellison and it’s, not very often that you see a database company on the big screen, Tony Stark.

I did you influenced that character. I’ve. I’ve heard I’ve heard that III know Stanley very well. I love Stanley. Stanley is a genius. I mean the father of Marvel and all these all these wonderful characters.

I didn’t, know Stanley as a kid growing up, so I guess I guess the Tony Stark was invented before Stan knew me. So I guess not, but you have a fondness and you love movies, and I know that you ‘

Ve been taking a bigger role at your daughter’s. Production company tell us about that. Annapurna pictures assess that industry for us, because here you have rupert murdoch selling his entertainment assets.

At a premium you’ve got netflix, paying upwards of 13 billion dollars for original content. Here we are back at content. Is king again know what content is king and my daughter’s made some brilliant movies.

I mean i was very proud of her when it was zero, dark, thirty. Well, she had both republicans and democrats. You know calling her to congress to investigate that movie at that movie about how we really found Osama bin Laden.

So when Republicans are against, you and Democrats are against you and they both want to investigate you. You must be doing something right. She should they did. They did actually after the economy, where she didn’t get Best Picture she had.

You know she had won Best Picture in Venice and then won Best Picture and can, but she didn’t, get best conviction in the Academy Awards, because so, therefore, the Senate felt that it wasn’t necessary for her to testify anymore.

You you seem very proud, obviously, as but when you look at a company like Netflix, for example, I mean Disney’s coming out with their streaming service. Apples coming out with its streaming service, I mean there’s, a lot of buzz around Netflix right now, but these two big shots Disney and Apple – are going to come out with streaming services at a cheaper cost.

How would you assess the industry? Well, I think Netflix has done amazing yeah. It did an amazing job. They pioneered that industry and they’re gonna have a lot of competitors. Google’s, doing some phenomenal things in terms of technology for streaming and games and game streaming.

I think you’ll, see a bunch of people in that industry, but in the end, great characters and great content win so Disney. Free John Lasseter wasn’t as good as Disney Post done, John Lasseter, so and when Disney bought Pixar and they had better storytellers at Disney, they made better movies.

So it gets down to individual artists and individuals storytellers and it’s. Big and powerful and wonderfully run, as does he a Disney, is, and obviously they’re, one of the no two three top brands on the planet Earth it’s still going to be individuals like John Lasseter and James Cameron, who make Great pictures artists make pictures that’s.

Why that’s? A must get interview, DATABASE. & gt & gt. Can YOU TAKE ME BACK AND TELL ME HOW YOU & # 39? Ve DONE THIS LARRY, YOU’RE, THE GODFATHER OF TECHNOLOGY.. You FOUNDED THIS COMPANY. You’RE STILL THRIVING.

. You’RE STILL COMING OUT WITH ALL THESE INNOVATION THINGS.. I CAN SEE HOW PASSIONATE YOU ARE., YOU’RE. Beating EVERY. YOU CAME FROM SUCH HUMBLE BEGINNINGS, GREW UP ON THE SOUTH SIDE OF CHICAGO DROPPED OUT OF COLLEGE.

. Now YOU HAVE COLLECTIONS OF CARS, JETS, PRIVATE HOMES, OWNING THE ISLAND OF LENAI.. Tell ME HOW YOU DID IT. & gt & gt. I THINK MY FAVORITE LINE IS: I HAD ALL THE DISADVANTAGES NECESSARY FOR SUCCESS..

When YOU’RE RAISED ON THE SOUTH SIDE OF CHICAGO. You PROBABLY WANT TO MOVE SOME PLACE NICER. AND I THINK IF IT DOESN’T KILL YOU. It MAKES YOU STRONGER., SO I’VE, ALWAYS BEEN VERY AMBITIOUS.. I’VE, ALWAYS BEEN VERY CURIOUS.

. I MOVED TO SILICON VALLEY RIGHT AFTER I DROPPED OUT OF COLLEGE GOT A JOB AS A COMPUTER PROGRAMMER.. I LEARNED HOW TO PROGRAM WHEN I WAS IN COLLEGE, AND I GOT A JOB AS A COMPUTER PROGRAMMER AND BUMMED AROUND YOSEMITE VALLEY, TEACHING, ROCK CLIMBING AND LEADING RIVER TRIPS DURING MY EARLY 20s.

. But THE WAY I SUPPORTED MYSELF WAS AS A COMPUTER PROGRAMMER, AND I GOT INVOLVED WITH MORE AND MORE INTERESTING AND COMPLICATED COMPUTER PROJECTS AND DECIDED TO START MY OWN COMPANY. & gt & gt AND THEN IT GREW AND GREW AND GREW.

YOU’RE. Competitive. & gt & gt MY ORIGINAL GOAL WHEN WE STARTED ORACLE, WAS TO BUILD A COMPANY OF 50 PEOPLE, PEOPLE I ENJOYED GOING TO WORK WITH EVERY DAY AND PEOPLE THAT I RESPECTED AND ENJOYED WORKING WITH EVERY DAY.

. It GOT TO BE A LITTLE BILLER BIG. It GOT TO BE A LITTLE BILLER BIE. It GOT TO BE A LITTLE BILLER BIR THAN THAT.. We HAVE 150,000 PEOPLE INSIDE THE COMPANY, NOW. & gt & gt. You’VE GOT 440,000 CUSTOMERS 145 COUNTRIES.

. Where DO YOU GO FROM HERE & gt & gt? Well, WE WANT TO MAKE SURE WE BEAT AMAZON IN CLOUD DATABASE. & gt & gt, [ LAUGHTER, ], FUNNY TO HEAR YOU SAY: THAT., THAT’S. It. & gt & gt. That’S, THE GOAL VERY SIMPLE.

, JUST LIKE PLAYING BASKETBALL.. If YOU’RE PLAYING BASKETBALL, YOU WANT TO BEAT THE WARRIORS.. You WANT TO WIN THE CHAMPIONSHIP., SO OUR JOB –. We HAVE THE BEST DATABASE IN THE WORLD.. We’VE GOT TO DELIVER IT IN THE CONTEXT OF A CLOUD THAT’S AS EASY TO USE AS AMAZON BUT SECURE.

, AND THAT’S. The KEY THING. AMAZON HAS GREAT EASE OF USE.. We HAVE SECURITY AND ALL THE CAPABILITIES TO BE AN AUTONOMOUS DATABASE AND WE’LL, BE GREAT. & gt & gt. Oracle IS ORACLE. What, WITH A PLEASURE NICE TO SEE YOU.

& gt & gt, WE JUST WATCHED THE TRAILER OF THE IRON MAN, 2 MOVIE FEATURING THE ORACLE OF ORACLE, LARRY ELLISON. IT’S, NOT VERY OFTEN THAT YOU SEE A DATABASE COMPANY ON THE BIG SCREEN., TONY Stark DID YOU INFLUENCE THAT CHARACTER & gt & gt? I’VE HEARD THAT.

. I KNOW STAN LEE VERY WELL.. I LOVE STAN LEE. STAN LEE IS A GENIUS.. I MEAN THE FATHER OF MARVEL AND ALL THESE WONDERFUL CHARACTERS. I DIDN’T, KNOW STANLEY AS A KID GROWING UP, SO I GUESS TONY STARK WAS INVENTED BEFORE STANLEY KNEW ME, SO I GUESS NOT.

& gt & gt. You HAVE A FONDNESS AND YOU LOVE MOVIES, AND I KNOW THAT YOU’VE, BEEN TAKING A BIGGER ROLE AT YOUR DAUGHTER’S. Production COMPANY.. Tell US ABOUT THAT. ASSESS THAT INDUSTRY FOR US.. Here YOU HAVE RUPERT MURDOCH SELLING HIS ENTERTAINMENT ASSETS AT A PREMIUM.

. We ARE BACK AT CONTENT. Is KING AGAIN. & gt & gt CONTENT IS KING.. My DAUGHTER’S MADE SOME BRILLIANT MOVIES.. I WAS PROUD OF HER WHEN IT WAS ZERO. Dark THIRTY, WHERE SHE HAD REPUBLICANS AND DEMOCRATS CALLING HER TO CONGRESS TO INVESTIGATE THAT MOVIE ABOUT HOW WE REALLY FOUND OSAMA BIN LADEN.

. When DEMOCRATS AND REPUBLICANS ARE AGAINST YOU – AND THEY WANT TO INVESTIGATE YOU, YOU MUST BE DOING SOMETHING RIGHT.. She DIDN’T, GET BEST PICTURE.. She HAD WON BEST PICTURE IN VENICE AND WON BEST PICTURE IN CANS.

Cannes, BUT DIDN’T, GET BEST PICTURE IN THE ACADEMY AWARDS. THE SENATE FELT. Then IT WASN’T NECESSARY FOR HER TO TESTIFY ANYMORE. & gt & gt. You SEEM VERY PROUD. & gt & gt. I AM. & gt & gt WHEN YOU LOOK AT A COMPANY LIKE NETFLIX, FOR EXAMPLE, DISNEY’S COMING OUT WITH THEIR STREAMING SERVICE APPLE IS COMING OUT WITH ITS STREAMING SERVICE.

There’S, A LOT OF BUZZ AROUND NETFLIX RIGHT, NOW., DISNEY AND APPLE WILL COME OUT WITH STREAMING SERVICES AT A CHEAPER COST.. How WOULD YOU ASSESS THE INDUSTRY & gt & gt? Netflix HAS DONE –, IT DID AN AMAZING JOB.

. They PIONEERED THE INDUSTRY.. They’RE, GOING TO HAVE A LOT OF COMPETITORS.. Google IS DOING PHENOMENAL THINGS IN TERMS OF TECHNOLOGY FOR STREAMING AND GAME STREAMING.. I THINK YOU’LL, SEE A BUNCH OF PEOPLE IN THAT INDUSTRY, BUT IN THE END, GREAT CHARACTERS AND GREAT CONTENT WIN.

, SO DISNEY PRE-JOHN, LASSITER WASN’T AS GOOD AS DISNEY POST-JOHN LASSITER. WHEN DISNEY BOUGHT PIXAR AND THEY HAD BETTER STORY-TELLERS. At DISNEY THEY MADE BETTER MOVIES., SO IT GETS DOWN TO INDIVIDUAL ARTISTS AND INDIVIDUAL STORY TELLERS AND AS BIG AND POWERFUL AND WONDERFULLY RUN AS DISNEY IS THEY’RE ONE OF THE TWO THREE TOP BRANDS ON THE PLANET EARTH IT’S? Still GOING TO BE INDIVIDUALS LIKE JOHN LASSITER

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