China is a really long-term investment so it’s hard to really say how much it’s worth for another three, four, five, 10 years. Phil Libin: It’s definitely been worth it so far. Memeburn: Has the push into China been worth the difficulties? He reckons that if he can keep momentum and continue building the right products the company will be around for 100 years and keeping a startup culture is key to that. On a recent trip to Silicon Valley, we sat down with Libin to unpack some the company’s secrets to success, what exactly goes into building a 100-year startup and how and where Evernote is making its money.įor Libin, as his third company, Evernote is not for sale but his to keep. With the launch of Evernote Business the company is stepping into the enterprise game and getting ready to make productivity in the work place better. Users are growing with India and the UK hitting one million and two million respectively.įounded in 2008 by serial entrepreneur Phil Libin, the company has managed to raise funding to the tune of US$225-million in four rounds mostly led by Silicon Valley Venture Capitalists Sequoia Capital, with participation from Morgenthaler Ventures and Meritech Capital. The more successful it gets, the more headlines it grabs - like the recent password reset due to a security breach, which caused some commotion among users.
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