Evernote founder Phil Libin: “I sold my first company for $500”

The Times Tech Podcast

Will Morley

Business, Unknown, Technology

4.9 • 654 Ratings

🗓️ 16 July 2017

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Sunday Times tech correspondent Danny Fortson brings on Phil Libin, founder of Evernote, one of the first companies to be labelled a “unicorn”, to talk about his plan to create the Netflix of artificial intelligence (1:00), growing up poor (3:30), selling his first company at 16 (6:00), starting another after September 11 (9:45), creating Evernote (11:00), being one of the first apps in the App Store (13:45), getting funding from fanboys (17:00), being saved by a random Swede (19:30), the downside of the hype cycle (21:30), leaving Evernote (24:30), becoming a venture capitalist (25:45), his worst day at work (29:30), bureaucracy robots (32:45), and building something for yourself (36:00).

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Transcript

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0:00.0	Yo, technology.
0:03.0	What is it all about?
0:05.1	Welcome to another edition of Danny in the Valley.
0:08.2	Thank you for tuning in or downloading or whatever the best term is.
0:14.2	We have a great guest this week.
0:15.9	Phil Libben is here.
0:17.5	He's the founder of Evernote, the note note taking up that became a unicorn way back in 2010
0:22.4	before the term unicorn was even really a thing. He's just launched a new company called All Turtles,
0:31.0	which is all about writing the next big wave in technology, artificial intelligence. Soon,
0:37.0	it's going to be everywhere.
0:39.6	Anyhow, Phil is a thoroughly human tech tycoon, if I can call him that,
0:43.5	and he has some great insights from 20 years in the startup trenches.
0:47.2	I think you'll really enjoy it without further ado.
0:53.1	Yeah, you're in All-Turals' Galactic headquarters right now in San Francisco.
0:57.7	We're an AI startup studio.
1:00.1	We were launching in San Francisco, Tokyo, and Paris right off the bat.
1:04.2	And so is this effectively kind of like an accelerator?
1:06.6	Well, I think incubators and accelerators, you have to ask like, well, what are you incubating?
1:10.4	What are you accelerating?
1:11.3	And those are trying to make companies.
1:13.8	And what we're doing is we're saying we don't really care about companies.
1:16.8	Like we actually think that part of what's wrong with Silicon Valley is this like fetish around companies.
	...

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