David Sacks: Yammer Wasn't a Pivot and I Still Love Geni (TCTV)

Sarah Lacy

Sarah Lacy writes for PandoDaily, a news site which she founded. She is also an award winning journalist and author of two critically acclaimed books, “Once You’re Lucky, Twice You’re Good: The Rebirth of Silicon Valley and the Rise of Web 2.0” (Gotham Books, May 2008) and “Brilliant, Crazy, Cocky: How the Top 1% of Entrepreneurs Profit from Global Chaos... → Learn More

Tuesday, November 30th, 2010

Yammer founder and CEO David Sacks came all the way from his office upstairs from us to talk about his new $25 million round of funding. We discuss a lot of interesting things in this clip including why Sacks says Yammer wasn’t everyone’s new favorite word, a pivot; why he still loves Geni, the company Yammer spun out of that we don’t hear nearly as much about; why more social-media-for-the-enterprise companies haven’t taken off; and his defense of the freemium business model.

Make sure you stay to the end, when I ask Sacks about a rumor floating around Silicon Valley that he tried to put a deal together with Yammer and Twitter back before the company even launched. Bonus: Sacks- as tactfully as possible- says what TechCrunch’s Yammer usage tells us about our company culture.


Company: Yammer
Website: yammer.com
Launch Date: September 10, 2008
Funding: $142M

Yammer (www.yammer.com) is an Enterprise Social Network that brings together employees, content, conversations, and business data in a single location. Built for the entrprise and loved by users, Yammer empowers employees to be more productive by enabling them to collaborate in real-time across departments, geographies, and business applications. Employees can create groups to collaborate on projects and share and edit documents. It is a new way of working that fosters team collaboration, employee engagement, and business transformation. The service can...

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