John Somorjai was the corporate counsel at Oracle 18 years ago when an opening popped up in the corporate development group. He's never looked back.
Starting as a manager, he found he had a knack for spotting good companies and cutting deals. Within 18 months, he was named the group's senior director.
For the past decade, he's been at Salesforce.com, where he's now executive vice president for corporate development and Salesforce Ventures, the company's investment arm. Salesforce Ventures has invested in more than 100 enterprise cloud companies since its inception in 2009, including Box, DocuSign, Dropbox, Evernote, Gainsight, Apttus, HubSpot and recently, SteelBrick.
"We have a great advantage of being on the corporate side. You really understand the trends of the independent software vendors (ISVs) and system integrator (SI) partners who are building an ecosystem," Somorjai told CMSWire yesterday.
We asked him to share some of the strategy about the company's investments and to peek into the future of the marketing technology vendors out there today.