Salesforce CEO Marc Benioff says a tech world 'rising star' convinced him to pay $750 million for a small startup
Summary
So Business Insider spoke to Salesforce CEO Marc Benioff to find out what exactly prompted him to spend so much money on Quip, a startup with only 45 employees. “It’s been my dream to work more closely with Bret Taylor.” Benioff says his relationship with Taylor traces back 5 years to when he started hosting a private monthly dinner at his home, including other guests like Yahoo CEO Marissa Mayer and Dropbox CEO Drew Houston. Through years of conversation, Benioff says he’s has been impressed by Taylor’s depth of knowledge and vision for the cloud software space in general. He’s also recently been tapped to serve on Twitter’s board, making him one of the rising stars in Silicon Valley’s tech scene. That’s a big stamp of approval given most startup CEOs don’t typically to join the inner circles of the executive team right after they get acquired.