DEVTOME.COM HOSTING COSTS HAVE BEGUN TO EXCEED 115$ MONTHLY. THE ADMINISTRATION IS NO LONGER ABLE TO HANDLE THE COST WITHOUT ASSISTANCE DUE TO THE RISING COST. THIS HAS BEEN OCCURRING FOR ALMOST A YEAR, BUT WE HAVE BEEN HANDLING IT FROM OUR OWN POCKETS. HOWEVER, WITH LITERALLY NO DONATIONS FOR THE PAST 2+ YEARS IT HAS DEPLETED THE BUDGET IN SHORT ORDER WITH THE INCREASE IN ACTIVITY ON THE SITE IN THE PAST 6 MONTHS. OUR CPU USAGE HAS BECOME TOO HIGH TO REMAIN ON A REASONABLE COSTING PLAN THAT WE COULD MAINTAIN. IF YOU WOULD LIKE TO SUPPORT THE DEVTOME PROJECT AND KEEP THE SITE UP/ALIVE PLEASE DONATE (EVEN IF ITS A SATOSHI) TO OUR DEVCOIN 1M4PCuMXvpWX6LHPkBEf3LJ2z1boZv4EQa OR OUR BTC WALLET 16eqEcqfw4zHUh2znvMcmRzGVwCn7CJLxR TO ALLOW US TO AFFORD THE HOSTING.

THE DEVCOIN AND DEVTOME PROJECTS ARE BOTH VERY IMPORTANT TO THE COMMUNITY. PLEASE CONTRIBUTE TO ITS FURTHER SUCCESS FOR ANOTHER 5 OR MORE YEARS!

Softwar by Matthew Symonds with commentary by Larry Ellison

This article was inspired by Matthew Symonds' Softwar . If you enjoy this article then consider purchasing or borrowing the book.

img2.imagesbn.com_p_9780743225045_p0_v1_s260x420.jpg

Ellison and Oracle

“About one thing, however, Ellison is relentlessly consistent: he sees life as a constant series of tests through which he can discover his limits.”

Born in 1944 to Florence Spellman and an air force pilot – the two weren’t married – Larry Ellison was given up for adoption to his Aunt Lillian Ellison, as his father was abroad and his mother couldn’t take care of him. Lillian’s husband was a Russian Jewish immigrant who changed his last name to Ellison in honor of Ellis Island. As a rebellious youth, Larry and his adoptive father had a tense relationship. Dropping out of colleges in the Chicago area, Larry got a job as a contract programmer in California. After surviving on his salary for a time and divorcing his first wife, Ellison saw a promising future in his relational database. With CIA funding, Ellison and his partners commercialized their product and renamed their company Relational Software Inc. (RSI). By 1983, the company once again had a new name – Oracle.

While Ellison garnered a bad reputation for his management skills, he seemed to discourage managers, who were so good that they might outshine him; he hired a hard working sales force but established impractical goals for revenue. By 1991, Oracle experienced its first losses.

Ellison could have lost his job, but by hiring the experienced Jeff Henley as CFO, Oracle’s culture changed. By sticking with his company, Ellison had kept Oracle alive. Hiring Ray Lane to head the sales force, Ellison soon met with competition within the firm. Lane was so distinguished that he soon became CEO of Oracle. With SAP as Oracle’s biggest threat, Ellison’s decision to put Ron Wohl in charge of applications surprised Lane. Convinced that Ray Lane would eventually try to take over Oracle, Ellison slowly cut off his responsibilities and eventually fired him.

When Ellison took back the position of CEO, Oracle’s stock quadrupled BusinessWeek ran the story “Oracle is Cool Again,” with Ellison’s picture on the magazine’s cover. Hitting the Internet at just the right time, Ellison was richer the Bill Gates for a brief moment.

Like Larry Ellison’s personal life, Oracle has seen its share of ups and downs. Despite the problems with the E-Business Suite, “11i,” the company bounced back from this bug-ridden product. Through perseverance and dedication to Oracle, Ellison, a brilliant yet erratic computer programmer, has kept his company floating during every storm thrown at it. This quote may best summarize why his company has succeeded:

“I don’t think it makes much difference whether our stock is flat or down a bit; in the long run what really determines our success and our stock price is how good our products are.” – Larry Ellison


QR Code
QR Code ellison_and_oracle (generated for current page)
 

Advertise with Anonymous Ads