Episode 287

MI172: Zero to IPO & Cofounding Okta w/ Frederic Kerrest

Clay Finck chats with Frederic Kerrest about how he built Okta to be a multi-billion dollar company, how Okta was able to bounce back from a 70% revenue miss back in 2011, how Okta has been able to compete with big tech behemoths like Microsoft, his three rules for life, how he and his company is able to filter out the stock price to focus on the business, and much more!

The Intrinsic Value Podcast - The Investor’s Podcast Network

May 24, 202240m 57s

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Show Notes

IN THIS EPISODE, YOU’LL LEARN:

03:24 - What Okta does and how it became a multi-billion dollar business.
05:14 - Why Frederic chose to stick with Okta after starting the company and helping it grow to over 5,000 employees.
11:01 - How Okta was able to bounce back from missing their sales targets by 70% back in 2011.
17:30 - Ways in which Okta is able to compete with the big tech behemoths.
19:28 - Frederic’s three rules to live by.
26:01 - Frederic’s blueprint for selecting the right partner to do business with.
32:54 - When founders should start considering taking in outside capital.
40:38 - How Frederic helps Okta tune out the stock price to focus on the business.
And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Check out Frederic’s new book, Zero to IPO.
Robert and Clay’s tool for picking stock winners and managing our portfolios: TIP Finance.
Related episode: MI146: Building a Business From Scratch & Budgeting Insights w/ Jesse Mecham.
Related episode: MI119: Biggest Lessons of Entrepreneurship w/ Jason Saltzman.
Get a FREE audiobook from Audible.
Check out our Investing Starter Packs about business and finance.

SPONSORS

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Read this episode’s transcript and full show notes on our website.

Connect with Frederic: Book | LinkedIn | Twitter

Connect with Clay: Twitter

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MI172: Zero to IPO &amp; Cofounding Okta w/ Frederic Kerrest

Show Notes

MI172: Zero to IPO & Cofounding Okta w/ Frederic Kerrest