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Personal Growth Needs To Be Every Cloud Software CEO’s Top Priority, Says Bill.com’s Rene Lacerte.

October 12, 2020

On this episode Of Scaling Up, March Capital managing partner, Jamie Montgomery and Forbes futurist Rich Karlgaard talk to Bill.com’s founder and CEO, René Lacerte. Bill.com is a fast-growing cloud software company that sells automated payment services for small and medium sized businesses. When we interviewed Lacerte, BILL was worth $8 billion in market cap; today it is $9.12 billion. We talked about fast growth leadership, mentorship secrets, and how Lacerte’s father was a pianist for the late Gram Parsons, even though Lacerte’s father was missing four fingers.

Click below for video.

MORE FROM FORBESPersonal Growth Needs To Be Every CEO’s Top Priority, Says Bill.com’s Rene Lacerte

The following transcript has been edited for clarity and length.

Rich Karlgaard: René, what was your original mission, how was it progressed, and the fundamental question – why is what you do important to your customers?

René Lacerte: We think of

Twilio to buy cloud customer data startup Segment for $3.2 billion: Forbes

October 10, 2020

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a man holding a sign: A banner for communications software provider Twilio Inc., hangs on the facade at the NYSE to celebrate the company's IPO in New York City

© Reuters/Brendan McDermid
A banner for communications software provider Twilio Inc., hangs on the facade at the NYSE to celebrate the company’s IPO in New York City

(Reuters) – Cloud communications platform provider Twilio Inc plans to buy customer data infrastructure company Segment for $3.2 billion, Forbes reported on Friday.

The deal, which had not been finalized as of Friday afternoon, was expected to be at least partially based on Twilio stock, the report added, citing two sources it did not name.

San Francisco-based Segment has recently been open to acquisition offers, according to the report.

Twilio declined to comment to Reuters. Segment was not immediately available for comment outside regular business hours.

Segment raised $175 million in a Series D funding round in April 2019. The startup said in September that it worked with more than 20,000 businesses including Intuit, FOX and Levi’s, employing more than 550 people.

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Oil falls as surging virus cases cloud demand outlook

September 28, 2020

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Merrill Lynch Wealth Management president Andy Sieg discusses his outlook for the markets.

Oil prices fell on Monday as rising coronavirus cases spur concern about demand, with the main crude benchmarks on track for their first monthly falls since April.

Brent crude LCOc1 fell 32 cents, or 0.7%, to $41.60 a barrel by 0915 GMT. U.S. West Texas Intermediate CLc1 was at $39.89 a barrel, down 36 cents or 0.8%.

“The rise in daily infections have accelerated and the total number is now very close to 33 million. The most impacted countries are the populous ones,” PVM analyst Tamas Varga said.

“The speed with which the virus is spreading is the main concern for both health officials and financial investors.”

Russian Energy Minister Alexander Novak said on Monday that the global oil market has been stable for the past few months and the demand-supply balance restored, but warned of the

Oil slips as surge in virus cases cloud demand recovery

September 28, 2020

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a close up of a light house on a beach: FILE PHOTO: Dust blows around a crude oil pump jack and flare burning excess gas at a drill pad in the Permian Basin in Loving County

© Reuters/Angus Mordant
FILE PHOTO: Dust blows around a crude oil pump jack and flare burning excess gas at a drill pad in the Permian Basin in Loving County

By Florence Tan

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SINGAPORE (Reuters) – Oil prices dipped on Monday as rising coronavirus cases upset hopes for a smooth recovery in fuel demand, with the main crude benchmarks on track for their first monthly falls in multiple months after last week’s slips.

Brent crude fell 23 cents, or 0.6%, to $41.69 a barrel by 0243 GMT after dropping 2.9% last week. U.S. West Texas Intermediate was at $40.04 a barrel, down 21 cents or 0.5%, following a 2.1% decline last week.

Brent is on track to fall for the first month in six while WTI is headed for its first monthly loss since April as the reimposition of mobility curbs in some countries clouds the outlook on fuel

Meet the 5 marketing stars in Oracle’s bid to be a major cloud player

September 27, 2020

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Oracle’s TikTok deal is seen as a PR and marketing coup for the enterprise firm, which could help raise its profile in the cloud where it faces stronger rivals Amazon, Microsoft, and Google.
Marketing is key element of Oracle’s cloud offensive as the tech giant seeks to change the narrative that it missed what has become the most important trend in the enterprise market.
Meet the 5 marketing superstars who are spearheading Oracle’s bid to portray the company as an emerging cloud giant.
Visit Business Insider’s homepage for more stories.

As Oracle grapples with the view that it’s an inconsequential player in the cloud, the tech behemoth has been pushing to tell a different story.

Big customer announcements have recently helped raise Oracle’s profile in cloud computing, including winning over Zoom, the popular video conferencing company, and video app TikTok, which will be a marquee client if the companies’ much-discussed,