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Marc Benioff
San Francisco, California,United States
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Find Marc Benioff's PhoneWho Is Marc Benioff?
Marc Benioff is an American internet entrepreneur, author, and philanthropist. He is the founder, chairman, and CEO of Salesforce, a global leader in cloud-based customer relationship management (CRM) software. A pioneer of cloud computing, Benioff is widely credited with popularizing the Software-as-a-Service (SaaS) business model. Before founding Salesforce in 1999, he spent 13 years at Oracle Corporation, where he became the company's youngest vice president. Benioff is also known for his advocacy of 'Stakeholder Capitalism' and for creating the 1-1-1 model of integrated corporate philanthropy, where companies contribute 1% of equity, product, and employee time to charitable causes. In 2018, he and his wife Lynne Benioff acquired Time magazine.
How Did Marc Benioff's Career Path Shape Their Journey?
Marc Benioff's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
What Are Marc Benioff's Key Achievements?
Pioneering Cloud Computing with Salesforce
Founded Salesforce in 1999, fundamentally disrupting the software industry by introducing the Software-as-a-Service (SaaS) model. This 'No Software' approach made enterprise-grade CRM accessible to businesses of all sizes via the internet, paving the way for the modern cloud computing era.
Innovating Corporate Philanthropy with the 1-1-1 Model
Established the 1-1-1 model of integrated philanthropy, where Salesforce commits 1% of its equity, 1% of its product, and 1% of its employees' time to charitable causes. This model has been adopted by thousands of other companies, generating billions of dollars in community impact.
Championing Stakeholder Capitalism
A prominent global advocate for Stakeholder Capitalism, arguing that the business of business is to improve the state of the world. He champions the idea that companies have a responsibility not just to shareholders, but to all stakeholders, including customers, employees, partners, communities, and the environment.
Acquisition and Stewardship of TIME Magazine
Acquired TIME magazine in 2018 with his wife Lynne Benioff, aiming to preserve the integrity and legacy of the iconic media brand while guiding its transition into the digital age as a trusted source of information.
What's Marc Benioff's Educational Background?
B.S.B.A., Entrepreneurship
University of Southern California (USC) - Year 1982
Buying Intent Signals for Marc Benioff
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Company Overview
SalesforceSalesforce is a leading cloud-based software company best known for its customer relationship management (CRM) product. Its platform helps companies of all sizes connect with their customers across sales, customer service, marketing, commerce, and IT. Salesforce's suite of applications allows businesses to manage and analyze customer interactions and data, automate processes, and build custom applications.
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