Oracle, every mention
71 scenes, the whole family · ← back to Oracle
tap a year for its mentions
every year anyone David Rosenthal 35Ben Gilbert 34Steve Ballmer 2
Verbatim, from the transcripts: the passages where Oracle comes up
Formula 1: Fast cars, celebrities, and B2B software (Audio) · Acquired
- ▶ 3:22:54 Ben Gilbert So apparently the title sponsorship at the front of the grid now can be a 50 to a hundred million dollar deal and Oracle's title sponsorship of exactly per year of Red Bull racing is reportedly a hundred million.
- ▶ 3:23:43 David Rosenthal Oracle's CMO said, I believe on an earnings call, that Drive to Survive was the reason that they decided to get into F-One and do the big Red Bull sponsorship.
The NFL: How small-town teams became America's most valuable sports empire (Audio) · Acquired
- ▶ 2:08:13 Ben Gilbert And it's where Oracle hosts the massive compute clusters that power ChatGPT for OpenAI.
Google Part III: The AI Company. Google is amazingly well-positioned... will they win in AI? (Audio) · Acquired
- ▶ 3:25:48 David Rosenthal And then they hired the former president of Oracle, Thomas Kurian.
- ▶ 3:26:47 Ben Gilbert So David, as you said, the former president of Oracle, Thomas Kurian, is hired in late 2018.
- ▶ 3:26:53 Ben Gilbert You couldn't ask for a better person who understands the needs of the enterprise than the former president of Oracle.
The Steve Ballmer Interview · Acquired
- ▶ 38:28 Steve Ballmer You had Oracle out there.
- ▶ 1:42:13 Steve Ballmer Um, Oracle had done some invention, but we came on and did our own invention.
Epic Systems (MyChart) · Acquired
- ▶ 1:00:43 David Rosenthal Well, I think I want to come back to it later in the episode and in analysis because yes, Epic is and always will be constrained by being a vertical software provider instead of a horizontal software provider like Microsoft or Google or…
- ▶ 1:20:45 David Rosenthal Now, we haven't really talked about Cerner so far in this episode, part of Oracle today, as we will get into later.
- ▶ 1:21:37 Ben Gilbert But it's worth saying, before they were acquired by Oracle, was a merger of 24 different companies.
- ▶ 2:35:55 Ben Gilbert Meanwhile, I think post-Oracle acquisition, Oracle's trying to rewrite it all anyway.
- ▶ 2:46:37 David Rosenthal And then finally, December, 2021, as we've been alluding to, Cerner gets bought by Oracle for twenty eight billion dollars.
- ▶ 2:47:09 David Rosenthal Oracle, again, acquired them in 2021.
- ▶ 2:47:12 David Rosenthal Oracle now no longer reports Cerner's financials as a separate segment within the company.
- ▶ 2:47:19 David Rosenthal And they talk about Cerner and Oracle Health being a quote-unquote headwind to overall growth and profitability for the company.
- ▶ 2:47:26 David Rosenthal There've been a lot of layoffs within Oracle Health.
- ▶ 2:47:30 David Rosenthal You know, maybe it's too early to tell, but I think this is probably one of Oracle's worst acquisitions of all time.
- ▶ 2:47:37 David Rosenthal You'd be hard-pressed to find an analyst who would say that this was a great acquisition by Oracle, shall we say.
- ▶ 3:06:43 Ben Gilbert If you do the very conservative thing of looking at Cerner's EBITDA multiple of 30 times when Oracle bought them, and you assume conservatively, again, a 30% EBITDA margin at Epic, that would give you
- ▶ 3:20:03 Ben Gilbert If you compare this to Athena Health, a competitor, that's 10%, or Oracle all up is 23%, or if you look outside this industry, it's actually equivalent to Apple at 36% of their operating expenses of R&D, Amazon's 28%, so 35% is quite…
Meta (Audio) · Acquired
- ▶ 38:25 Ben Gilbert If you go back two, three, four years, you're gonna have to go to Oracle, you're gonna have to go to Microsoft, you're gonna have to buy, like, enterprise grade, super proprietary systems to do this.
Microsoft Volume II: The Complete History and Strategy of the Ballmer Years (Audio) · Acquired
- ▶ 49:18 Ben Gilbert There's real competition in the enterprise at this point, Sun, Oracle, but in terms of what your point is, the consumer technology landscape, yeah, they had ultimate power.
- ▶ 1:39:35 Ben Gilbert They were fighting Sun, IBM, Oracle.
- ▶ 1:39:41 David Rosenthal Oracle, etc.
- ▶ 1:42:44 David Rosenthal In 1998, Microsoft takes SQL server, and it was the first real enterprise ready database that can rival IBM and mainframe databases, Oracle databases.
- ▶ 4:17:22 David Rosenthal I would throw Oracle in there too, but yeah.
- ▶ 4:17:24 Ben Gilbert Yeah, Oracle.
Starbucks (with Howard Schultz) · Acquired
- ▶ 58:29 David Rosenthal Were you running, like, a Oracle system?
Microsoft Volume I: The Complete History and Strategy of founding through Windows 95 (Audio) · Acquired
- ▶ 40:47 David Rosenthal Other companies in the partner network include Oracle, American Express, MasterCard, Accenture, and many more, including, friends of the show, Modern Treasury.
- ▶ 3:38:33 Ben Gilbert Oracle.
- ▶ 3:38:36 Ben Gilbert And Oracle had a nice pop, which actually helped Microsoft price a little bit higher in their IPO.
Novo Nordisk (Ozempic) · Acquired
- ▶ 1:22:36 David Rosenthal And like, yes, you can build a big company on top of, or underneath Microsoft or Oracle or Amazon or Salesforce or Google, but they're the ones with the infrastructure.
Nvidia Part III: The Dawn of the AI Era (2022-2023) (Audio) · Acquired
- ▶ 1:23:22 Ben Gilbert Yeah, and of course you could rent these instances from Amazon, Microsoft, Google, Oracle, but like- You're not getting that full integrated solution.
- ▶ 1:24:27 David Rosenthal Via other clouds, so Azure and Oracle and Google.
- ▶ 2:10:40 David Rosenthal But obviously Google is not going to be in AWS and Azure and Oracle and all the new cloud providers.
Holiday Special 2022 · Acquired
- ▶ 13:28 Ben Gilbert We have not done the Google IPO, Apple, Google, Oracle.
Amazon Web Services · Acquired
- ▶ 16:48 Ben Gilbert It was the same business model that IBM had forever and Oracle has, or had forever, where you get this highly bundled hardware, software platform that you would use to run your applications, and they would make 80% gross margins on these…
- ▶ 17:35 Ben Gilbert Captured by, say, a deck or an Oracle or an IBM.
- ▶ 1:20:13 David Rosenthal Could you imagine back in 2006, let alone even probably today, Oracle or Microsoft or IBM or HP or you name it.
- ▶ 1:33:21 David Rosenthal And Microsoft, let's put Google to the side for a minute, but IBM, you know, Oracle, all these legacy technology companies, why are they asleep at the wheel here?
- ▶ 1:33:51 Ben Gilbert So the IBMs and Oracle on the database side that made these ridiculous gross margins and they sold you this complete proprietary solution.
- ▶ 1:34:21 Ben Gilbert Amazon has this ability to literally meter your usage and then charge you exactly what you need to be charged, whereas this old model of buying a bunch of Oracle licenses and deploying them on the servers in your data center, you just get…
- ▶ 1:35:33 David Rosenthal So here's another thing, though, you mentioned, call it the Oracles, the IBMs, whoever, they'd come install this software on computers for you or in their data centers, call it private cloud, whatever.
- ▶ 1:36:27 Ben Gilbert Okay, so that's super old guard, the IBMs and Oracles, which is very funny when you watch all these keynotes.
- ▶ 1:36:39 Ben Gilbert They used to onstage refer to IBM and Oracle in a tongue-in-cheek way.
- ▶ 1:36:43 Ben Gilbert They would refer to like a New York company, and it would be like IBM's logo, but it would say like New York company, and like Oracle is, you know, they would go as far as to say like San Francisco company.
- ▶ 1:40:31 David Rosenthal We talked about Oracle and I want to come back to Oracle in a minute.
- ▶ 1:44:10 David Rosenthal So I want to rewind back to Oracle and talk about something, but one thing that really came up in the research and from talking to people and friends at AWS and Amazon, Amazon and AWS deserve so much credit for overcoming one of the…
- ▶ 1:45:45 Ben Gilbert They had to have poached a bunch of Oracle salespeople because the Amazon sales machine is a lot like the Oracle sales machine of old.
- ▶ 1:45:53 David Rosenthal Let's talk about Oracle.
- ▶ 1:45:54 David Rosenthal One of the things that I think to most people was to me before doing the research here is vastly underappreciated about AWS is, you know, people think about EC two and S three and it's like infrastructure as a service and compute storage…
- ▶ 1:46:33 David Rosenthal They have taken so much share from Oracle, and while it's all related, it's infrastructure.
- ▶ 1:47:24 Ben Gilbert Shift away from big red.
- ▶ 1:47:27 David Rosenthal Which is Oracle.
- ▶ 1:51:03 David Rosenthal Amazon.com used Oracle databases.
- ▶ 1:51:09 David Rosenthal Amazon.com did not finish their migration off of Oracle databases.
- ▶ 1:51:25 David Rosenthal It took that long for Amazon itself to migrate off of Oracle.
- ▶ 1:59:08 Ben Gilbert And then they start doing things like launching Amazon Aurora, which is a direct attack at Oracle and a proprietary database software that they own and control.
- ▶ 1:59:23 Ben Gilbert It's all these things that they used to attack Oracle for, and they're like, well look, now that we have all the customers, why don't we do some proprietary databases too, and we can generate more margins on those.
- ▶ 2:03:53 Ben Gilbert They're fighting Oracle.
- ▶ 2:03:57 Ben Gilbert It's, hey, take your Oracle-style data warehouse and basically do that in the cloud, rather than lots and lots of Snowflake customers never would have become Oracle customers.
- ▶ 2:15:18 David Rosenthal I mean, amazon.com took 13 years to offload off of Oracle onto AWS.
- ▶ 2:28:36 David Rosenthal It's the old Oracle business model all over again.
Amazon.com · Acquired
- ▶ 1:12:30 David Rosenthal I'm tempted to say Oracle.
- ▶ 1:12:32 Ben Gilbert Definitely Oracle.
- ▶ 1:12:41 Ben Gilbert And the choices were Sybase and Oracle, and Sybase did not return Shell's call, and so he chose Oracle.
- ▶ 1:24:28 Ben Gilbert One thing they did do right in the infrastructure though, because by the way, very quickly they became Oracle's largest ever instance by traffic.
- ▶ 1:24:35 Ben Gilbert The Oracle people were like,
The Playbook: Lessons from 200+ Company Stories · Acquired
- ▶ 14:47 Ben Gilbert That had Cisco, Oracle, Apple, these unbelievable venture returns, never before seen venture returns, and they were asking themselves, going, you know, my god, what if I got myself into, how are we ever going to top this?
Standard Oil Part II (Extended Cut) · Acquired
- ▶ 2:33:02 David Rosenthal Yeah, they were still using Article until like last year.