Larry Ellison
Strategic Concepts & Mechanics
Primary Evidence
"We could see our symbol PIXR for the first time. We were live. Pixar was a public company. But the trading did not begin at $22. That was the price the first investors paid to Pixar to acquire the stock. It immediately jumped up into the high thirties. Demand was off the charts. We all stared at it, partly beaming, partly in disbelief. Todd Carter broke the silence. He turned to Steve. “Congratulations, Steve,” he said. “You’re a billionaire.” At the end of the first day’s trading, Pixar’s stock was at $39. That gave Pixar a market value of close to $1.5 billion and did indeed make Steve a billionaire. I later heard that while I was glued to the computer screen watching Pixar’s trades, Steve had stepped into a nearby office and made a phone call to his friend Larry Ellison, the founder and CEO of Oracle Corporation. All he apparently said was “Larry, I made it.”"
"Two years after the death of Steve Jobs, Oracle CEO Larry Ellison claimed it was inevitable Apple would struggle under Tim Cook. You only had to look, he said, at what happened to the company in the period after Jobs was ousted in 1985. “We already know. We saw. We conducted the experiment,” Ellison told talk show host Charlie Rose in 2013. His finger tracing an upwards curve, he said Apple had been an extraordinary success during Jobs’s first spell at the company, only to slump—his finger dropped—when he left. “We saw Apple with Steve Jobs” when he returned in 1997—up went his finger. “Now, we’re gonna see Apple without Steve Jobs”—another drop. “He is irreplaceable. They will not be nearly so successful.”"
"By the way, we secretly think that Steve, a beginner at Japanese cuisine, might have a “teacher.” That would be Larry Ellison, co-founder of the globally known software company Oracle, and still its CEO. Larry is also known as a great Japan enthusiast, maintaining a home in Kyoto and regularly visiting Toshi’s Sushi. Observing the orders, it seemed Larry was more familiar with Japanese cuisine than Steve. Larry’s favorites were tuna, yellowtail, and tekka maki, and he also enjoyed roll sushi made with deep-fried softshell crab. For a period in the late 1990s, there were frequent opportunities to gather around the table with the Jobs couple, Larry, and his partner. During this time, Steve seemed to pick up the taste of the sushi Larry ordered."