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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Marc Benioff on The Future of San Francisco and What He Would Do if in Charge? Marc Benioff's Five Step Process to Priorities and Why Money Does Not Make You Happy & Work From Home vs In-Person; How to Manage in Changing Worlds

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

The Twenty Minute VC

Finance, Venturecapital, Tech News, News, Siliconvalley, Technology, Investing, Startups, Business

4.4637 Ratings

🗓️ 25 September 2023

⏱️ 32 minutes

🧾️ Download transcript

Summary

Marc Benioff is Chair, Chief Executive Officer and Co-Founder of Salesforce and a pioneer of cloud computing. Under Benioff's leadership, Salesforce is the #1 provider of CRM software globally and one of the world's fastest-growing enterprise software companies. Benioff founded Salesforce in 1999, and it is now a Fortune 150 company with 70,000+ employees. Benioff is the owner and co-chair of TIME, and the founder of TIME Ventures. Benioff is the author of the New York Times bestseller Trailblazer: The Power of Business as the Greatest Platform for Change. Benioff was named “Innovator of the Decade” by Forbes and is recognized as one of the World’s 25 Greatest Leaders by Fortune.

In Today's Episode with Marc Benioff We Discuss:

1. The Future of San Francisco:

  • What would Marc do if he were in charge of San Francisco today?
  • What would he change with regards to housing, policing and crime?
  • Why does Marc believe there are doomsday proclaimers on SF? What do they have to gain?
  • Will Dreamforce always be held in San Francisco?

2. Money and Ambition: The Mind Behind a $200BN Machine

  • Does Marc believe that money makes you happy?
  • How has Marc's relationship to money changed over time?
  • How does Marc think about bringing children up in a more affluent home?
  • What does Marc advise anyone who is seeking "happiness" today?

3. Mastering Decisions and Prioritisation:

  • How does Marc assess his own decision-making framework today? Has it changed with time?
  • What is Marc's 5 step process to understand your own priorities today?
  • What does Marc believe are the three biggest priorities for Salesforce today?
  • What are the single biggest blockers that would prevent Salesforce from achieving their goals?

4. Marc Benioff: AMA:

  • What does great fatherhood mean to Marc?
  • Who would win the cage fight, Zuck or Elon?
  • What does a day in the life of Marc Benioff look like?
  • What does Marc think about work from home?

Transcript

Click on a timestamp to play from that location

0:00.0

We must enforce our laws. I don't think it's a lot to ask. We have to fund our police force.

0:05.2

From the time that Gavin Newsom was mayor to today, we've gone from a little over 2,000 cops on the streets in San Francisco now to about 1,400.

0:13.3

That's completely unacceptable, and we need to now expand our police force.

0:17.8

It's the most beautiful city in the world and the safest and the cleanest.

0:21.6

And the dim-lib narrative, which is that there's like some dula going on.

0:25.6

They aren't even sandwich this gun.

0:26.6

So today's show is a testament to persistence.

0:29.6

I've wanted to have Mark Benny off on the show for the last eight years or 3,000 episodes.

0:34.6

I cold emailed him different cold emails 53, 53 different times, AB testing,

0:40.0

different effectiveness levels. Finally, we made it happen. So for those that want to give up,

0:44.9

for those that do not think they will make it, just take the next step. So without further ado,

0:49.6

I'm so, so proud, I'm very honored to welcome Mark Benioff, founder and CEO at Salesforce.

0:55.7

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1:00.3

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1:02.3

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1:07.6

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1:13.3

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1:18.4

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1:24.3

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1:29.2

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1:35.8

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1:46.7

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...

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