Mike Cannon-Brookes

10 statements across 1 episodes · 2 bullish · 0 bearish · 2 people on the record · first statement Feb 8, 2021 by Mike Cannon-Brookes · across every show →

On the record as a speaker too: Mike Cannon-Brookes's record, appearances and statements → this page counts the times other people say the name.

Everything said about Mike Cannon-Brookes, oldest first

Feb 8, 2021
Assertion Partly supported
Cannon-Brookes sold his first startup to competitor Blink for hundreds of thousands
“Anyway, Blink raised thirty-five million dollars. And we were sitting in Sydney and we were just like, holy shit, we're gonna get smoked. There's no way. So we called up the two or three guys that had raised a big bunch of money and said, look, we got a couple…”
Mike Cannon-Brookes Feb 8, 2021 ▶ 13:55 Atlassian: Mike Cannon-Brookes and Scott Farquhar
Feb 8, 2021
Disclosure
Cannon-Brookes says Atlassian remained completely founder-owned with zero funding after eight years
“We had taken no, no, no capital, no investment. we still owned a hundred percent of the company.”
Mike Cannon-Brookes Feb 8, 2021 ▶ 58:39 Atlassian: Mike Cannon-Brookes and Scott Farquhar
Feb 8, 2021
Insight
Cannon-Brookes argues startup leaders must scale their capabilities faster than company growth
“If our business is going to double every two years, as individuals and as leaders, we can only justify our positions if we are more than doubling our capabilities every two years. Because logically, otherwise, you end up with a kind of constraint at the top, r…”
Mike Cannon-Brookes Feb 8, 2021 ▶ 51:38 Atlassian: Mike Cannon-Brookes and Scott Farquhar
Feb 8, 2021
Disclosure
Cannon-Brookes' father passed on investing in Atlassian after an early startup underperformed
“The worst, or the funniest part about that story, my dad would hate me saying this, is he, I think my dad put in five or 10 grand, and you know, barely got his money back kind of thing, and decided that maybe I wasn't worth backing, and so he never invested in…”
Mike Cannon-Brookes Feb 8, 2021 ▶ 14:31 Atlassian: Mike Cannon-Brookes and Scott Farquhar
Feb 8, 2021
Assertion Not checkable as stated
Cannon-Brookes acquired his first computer at age eight using frequent flyer points
“So I was flying from Sydney to London four times a year back and forth and racking up lots of frequent fly points as a seven year old, eight year old, nine year old. And my parents gave me the catalog one, you know, Christmas or end of year and said, Hey, you …”
Mike Cannon-Brookes Feb 8, 2021 ▶ 7:34 Atlassian: Mike Cannon-Brookes and Scott Farquhar
Feb 8, 2021 positive
Insight
Cannon-Brookes says demonstrating direct product value eliminates the need for sales reps
“If you can demonstrate value to someone We had to figure out how to sell things online. And once we had done that and saw the effect of that patience, all we did is kind of continue to double down on that model every year, right? We would hire more engineers i…”
Mike Cannon-Brookes Feb 8, 2021 ▶ 56:54 Atlassian: Mike Cannon-Brookes and Scott Farquhar
Feb 8, 2021
Disclosure
Farquhar and Cannon-Brookes originally just wanted a $48,500 salary without wearing suits
“The thesis was if we can earn 48,500 dollars and not have to wear a suit to work and a tie to work and work with, you know, kind of average people, then, you know, we've won.”
Scott Farquhar Feb 8, 2021 ▶ 19:31 Atlassian: Mike Cannon-Brookes and Scott Farquhar
Feb 8, 2021
Assertion Not checkable as stated
Atlassian's first shareholder agreement designated rock-paper-scissors to resolve founder disputes
“And we put in Rochambeau or rock, paper, scissors into our shareholders agreement. And so it's changed now. We're a public company. We can't solve problems like that anymore. But you know, for the first few years, if we disagreed it would have ended up at rock…”
Scott Farquhar Feb 8, 2021 ▶ 24:38 Atlassian: Mike Cannon-Brookes and Scott Farquhar
Feb 8, 2021 positive
Insight
Cannon-Brookes explains how enterprise software virality spreads through cross-functional team members
“We want to get one team to solve one problem with our application brilliantly, because most people in companies don't work on one team. They actually work on three or four different teams and different projects, different things.”
Mike Cannon-Brookes Feb 8, 2021 ▶ 46:18 Atlassian: Mike Cannon-Brookes and Scott Farquhar
Feb 8, 2021
Disclosure
Atlassian co-founders paid themselves just $300 weekly for their first two years
“We didn't pay ourselves for a long time, and even after that, I think we paid ourselves 300 dollars a week for the first two years, so we were relatively inexpensive.”
Scott Farquhar Feb 8, 2021 ▶ 32:56 Atlassian: Mike Cannon-Brookes and Scott Farquhar
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