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Larry Ellison
Oracle · b. 1944
Born August 17, 1944
Larry Ellison (born 17 August 1944 in New York) is the co-founder and chairman of Oracle. Raised in Chicago by an aunt and uncle, he dropped out of two universities and drifted through odd programming jobs before, in 1977, he and two partners — after reading a 1970 IBM paper on relational databases — founded Software Development Laboratories with $2,000 of their own money, later renamed Oracle. He rode the relational-database boom to become one of the world's richest men, nearly destroyed Oracle through aggressive sales tactics and a near-death accounting crisis in 1990, and rebuilt it into an enterprise-software giant before turning to the America's Cup and a rival biotech venture.
Career highlights
- 1944Born 17 August in Manhattan to Florence Spellman, an unwed mother; raised from infancy by his aunt and uncle, Lillian and Louis Ellison, in Chicago.
- 1962Drops out of the University of Illinois after his adoptive mother dies; later attends the University of Chicago but leaves before graduating.
- 1966Moves to California and works as a programmer for a series of companies, including a stint at Ampex where he first sees the name 'Oracle.'
- 1977With Bob Miner and Ed Oates, founds Software Development Laboratories in Santa Clara, investing $2,000 of his own and naming a project 'Oracle' from a CIA codename.
- 1979The company, renamed Relational Software, ships Oracle, the first commercially available SQL relational database, and pivots to marketing it.
- 1986Takes Oracle public; by 1990 it is booming on aggressive sales, before the company's high-pressure practices backfire.
- 1990Oracle's first-ever quarterly loss is revealed; a federal investigation and shareholder lawsuits follow, nearly sinking the company and forcing Ellison to hire outsiders to rebuild it.
- 1995Declares that 'the PC is a ridiculous device' and that Oracle's network computer will replace it — a famous miscalculation he later made peace with.
- 2003Wins the America's Cup as skipper after Oracle BMW Racing sponsors the event; he later wins again in 2010.
- 2014Steps down as Oracle CEO but remains chairman and chief technology officer, continuing to shape the company and its cloud strategy.
Lessons for founders
- Question conventional wisdom and expert authority as a core operating habit. Ellison calls questioning conventional wisdom 'the single most important aspect of my personality' — doubting experts because they are experts, which he credits with enabling Oracle's contrarian bets.
- Bet on something no one else is even trying. Oracle built the first commercial relational database because 'nobody else was even trying.' Ellison's strategy was to pick risky, lonely, huge opportunities where the bigger the apparent risk, the fewer competitors would follow.
- Pick a fight and burn the boats. Ellison's method: 'Once I'm finally certain of the right direction, I pick a fight... it makes it impossible to do an about-face and go back. Once a course has been plotted, I sail a long way off and burn my boats. It's win or die.'
- The company almost died from its own culture before it could grow. Oracle's near-collapse in 1990 came from sales-forcing obsessions and a mistaken incentive structure that cost the company enormously — a warning that founder aggression without controls is self-destructive.
- Know your own temperament: sprinter, not grinder. Ellison is candid that he is 'a sprinter... I rest, I sprint, I rest, I sprint again,' easily bored by running the business — a self-aware counterpoint to Gates's relentless grinding, and a reminder to design around how you actually work.
On the Founders podcast4×
Read about them3

Subject of episode #124; Symonds was granted extensive access to Ellison over four years, making this one of the most detailed insider portraits of Oracle's founder. Its pages record Ellison's own self-description, quoted in episode #124: 'I am a sprinter. I rest, I sprint, I rest, I sprint again.' source ↗

A 1997 unauthorized biography of Ellison's early life, career and courtship of controversy before and during the 1990 Oracle crisis. source ↗

Subject of Founders episode #126; the inside story of Ellison's two America's Cup wins and his relationship with boat builder Russell Coutts, revealing Ellison's approach to competition and obsession. source ↗
What they recommend17

Named in episode #126 as Ellison's favorite history book, which he had read several times"Ellison's favorite history book, read several times: the Durants' account of Napoleon as the outsider who was told he would never amount to anything." source ↗

Ellison calls High Output Management his 'bible' for management concepts; he summarized it to an interviewer as 'when you want to improve something, measure it'"Ellison on the book he calls his management bible: 'When you want to improve something, measure it, and make sure you measure the right thing.'" source ↗

Quoted in Ellison's Smithsonian oral-history interview on the book's influence on his early ambition"Ellison, in a 1995 Smithsonian oral history: 'As a kid, I wanted to be an architect. That's before I read The Fountainhead.'" source ↗

The Billionaire and the Mechanic (Founders episode #126) documents 'William Manchester's multivolume biography of Winston Churchill' among the books on Ellison's nightstand during the dot-com collapse"One of the books on Larry Ellison's nightstand, as recorded in Julian Guthrie's The Billionaire and the Mechanic." source ↗

Guthrie's The Billionaire and the Mechanic documents Ellison reading Lone Survivor and noting the line 'The real battle is won in the mind'"Guthrie on Ellison mid-read: '[Larry Ellison picked up] his Kindle so he could finish reading Lone Survivor. Larry had noted a page: "The real battle is won in the mind."'" source ↗

Tim Ferriss's Tribe of Mentors documents Ellison giving The Mythical Man-Month to every software executive he met at Oracle"Ellison gave The Mythical Man-Month to every software executive he met at Oracle." source ↗

The Billionaire and the Mechanic (Founders episode #126) lists Fate Is the Hunter among the books on Ellison's nightstand during the dot-com collapse"One of the books on Larry Ellison's nightstand, as recorded in Julian Guthrie's The Billionaire and the Mechanic." source ↗

The Billionaire and the Mechanic (Founders episode #126) lists The Jordan Rules among the books on Ellison's nightstand during the dot-com collapse"One of the books on Larry Ellison's nightstand, as recorded in Julian Guthrie's The Billionaire and the Mechanic." source ↗

Named by Steve Blank as Ellison's favorite book, from Blank's first-hand account of working with him at Oracle"Ellison's favorite book, per Steve Blank's account of Ellison's influences." source ↗

Business Insider documents Ellison telling the Academy of Achievement that his favorite book is Vincent Cronin's biography of Napoleon"Ellison, on reading about Napoleon: 'It's interesting to read about him for a couple of reasons... To see what one man of modest birth can do with his life, and to see how history can distort the truth entirely.'" source ↗

Guthrie's The Billionaire and the Mechanic documents Ellison quoting a section of Fromkin's A Peace to End All Peace"Ellison had just finished quoting a section from A Peace to End All Peace when it was documented in Julian Guthrie's The Billionaire and the Mechanic." source ↗

Ellison references Darwin in his own footnotes to Softwar as an example of challenging orthodoxy and withstanding attacks — a theme central to his worldview"Ellison, in a footnote to Softwar, cites Darwin as an exemplar of someone who challenged widely held beliefs and suffered vicious attacks for it." source ↗

Ellison read Isaacson's biography of his close friend and colleague, and critiqued it for failing to convey Jobs's irreplaceability"Ellison on Isaacson's biography of his best friend: 'He didn't let Jobs be irreplaceable.'" source ↗

Referenced in contrast to 'The Oracle Way' — Packard's philosophy of management-by-walking-around and respect for people stands as the ethical counterpoint to Oracle's aggressive culture"Packard's account of building HP stands as the counterpoint to Ellison's 'win or die' ethos — a book the Oracle culture was measured against." source ↗

Documented in readby.co's compilation of public statements by Larry EllisonListed on Ellison's readby.co shelf, sourced to his public statements; ISBN verified against Open Library and Kirkus Reviews (Little, Brown 2011 hardcover) source ↗

Documented in readby.co's and bookselects.com's compilations of public statements by Larry EllisonISBN verified against Open Library and the Da Capo Press publisher page — the Da Capo 1996 trade paperback reprint, with a new introduction by Alan M. Dershowitz, of Darrow's 1932 Scribner autobiography source ↗

Documented in readby.co's compilation of public statements; bookselects.com independently lists Catch-22 on Ellison's shelf, attributing the Milo Minderbinder quote to Matthew Symonds's Softwar, the biography written with Ellison's participation — a second, independent record of Ellison referencing the book"Ellison on Bill Gates, recorded in Softwar: 'I think Bill Gates must be some kind of reincarnation of Milo Minderbinder from Catch-22.'" source ↗
Sources24
- Larry Ellison — Wikipedia
- Founders Podcast, Episode #124 — Softwar — Founders Podcast
- The Billionaire and the Mechanic (Open Library record) — Internet Archive
- The Age of Napoleon (Open Library record) — Internet Archive
- What I Learned from Larry Ellison (Disprz) — Disprz
- Smithsonian Oral and Video Histories: Larry Ellison — Smithsonian Institution
- High Output Management (Open Library record) — Internet Archive
- The Fountainhead (Open Library record) — Internet Archive
- Lone Survivor (Open Library record) — Internet Archive
- The Mythical Man-Month (Open Library record) — Internet Archive
- The Last Lion (Open Library record) — Internet Archive
- Fate Is the Hunter (Open Library record) — Internet Archive
- The Jordan Rules (Open Library record) — Internet Archive
- The Robber Barons (Open Library record) — Internet Archive
- Napoleon: A Biography (Open Library record) — Internet Archive
- A Peace to End All Peace (Open Library record) — Internet Archive
- Watching Larry Ellison Become Larry Ellison — The DNA of a Winner — Steve Blank
- These 13 books inspire, inform and even intimidate some of tech's top business leaders — Business Insider
- The Billionaire and the Mechanic — Grove Atlantic
- Tribe of Mentors — HarperCollins
- Founders Podcast, Episode #126 — The Billionaire and the Mechanic — Founders Podcast
- On the Origin of Species (Open Library record) — Internet Archive
- Steve Jobs (Open Library record) — Internet Archive
- The HP Way (Open Library record) — Internet Archive