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Larry Augustin (born October 10, 1962) is a VP at Amazon Web Services. He formerly was the
chairman The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the grou ...
of the board of directors of
SugarCRM SugarCRM is a software company based in Silicon Valley. It produces the on-premises and cloud-based web application Sugar, a customer relationship management (CRM) system. SugarCRM's functionality includes sales-force automation, marketing cam ...
. He is a former
venture capitalist Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which hav ...
and the founder of VA Software (now
Geeknet Geeknet, Inc. is a Fairfax County, Virginia–based company that is a subsidiary of GameStop. The company was formerly known as VA Research, VA Linux Systems, VA Software, and SourceForge, Inc. History VA Research VA Research was founded in Nove ...
). During the height of the
dot-com bubble The dot-com bubble (dot-com boom, tech bubble, or the Internet bubble) was a stock market bubble in the late 1990s, a period of massive growth in the use and adoption of the Internet. Between 1995 and its peak in March 2000, the Nasdaq Compo ...
, Augustin was a
billionaire A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American busin ...
on paper at the age of 38. Augustin is featured in the 2001 documentary film ''
Revolution OS ''Revolution OS'' is a 2001 documentary film that traces the twenty-year history of GNU, Linux, open source, and the free software movement. Directed by J. T. S. Moore, the film features interviews with prominent hackers and entrepreneurs incl ...
''.


Early life and education

Augustin grew up in a suburb of
Dayton Dayton () is the sixth-largest city in the U.S. state of Ohio and the county seat of Montgomery County. A small part of the city extends into Greene County. The 2020 U.S. census estimate put the city population at 137,644, while Greater Da ...
,
Ohio Ohio () is a state in the Midwestern region of the United States. Of the fifty U.S. states, it is the 34th-largest by area, and with a population of nearly 11.8 million, is the seventh-most populous and tenth-most densely populated. The sta ...
, though he spent some of his early life on a family farm in
New Hampshire New Hampshire is a U.S. state, state in the New England region of the northeastern United States. It is bordered by Massachusetts to the south, Vermont to the west, Maine and the Gulf of Maine to the east, and the Canadian province of Quebec t ...
. After receiving a B.S. in electrical engineering from the
University of Notre Dame The University of Notre Dame du Lac, known simply as Notre Dame ( ) or ND, is a private Catholic research university in Notre Dame, Indiana, outside the city of South Bend. French priest Edward Sorin founded the school in 1842. The main campu ...
, Augustin received a fellowship from
Bell Labs Nokia Bell Labs, originally named Bell Telephone Laboratories (1925–1984), then AT&T Bell Laboratories (1984–1996) and Bell Labs Innovations (1996–2007), is an American industrial research and scientific development company owned by mult ...
to pursue a master's degree in electrical engineering from
Stanford University Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The campus occupies , among the largest in the United States, and enrolls over 17,000 students. Stanford is consider ...
. He went to work for Bell Labs for a year and then returned to Stanford to pursue a PhD.


Career

In 1993, Augustin founded VA Research (later VA Linux and
Geeknet Geeknet, Inc. is a Fairfax County, Virginia–based company that is a subsidiary of GameStop. The company was formerly known as VA Research, VA Linux Systems, VA Software, and SourceForge, Inc. History VA Research VA Research was founded in Nove ...
), while a Ph.D. student at Stanford. Augustin was a Stanford colleague of Jerry Yang and David Filo, the founders of
Yahoo! Yahoo! (, styled yahoo''!'' in its logo) is an American web services provider. It is headquartered in Sunnyvale, California and operated by the namesake company Yahoo Inc., which is 90% owned by investment funds managed by Apollo Global Man ...
. Filo and Yang introduced Augustin to
Sequoia Capital Sequoia Capital is an American venture capital firm. The firm is headquartered in Menlo Park, California, and specializes in seed stage, early stage, and growth stage investments in private companies across technology sectors. , Sequoia's total a ...
, which provided Augustin with
venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...
. In November 1999, he launched
SourceForge SourceForge is a web service that offers software consumers a centralized online location to control and manage open-source software projects and research business software. It provides source code repository hosting, bug tracking, mirrorin ...
, a
collaborative development environment A collaborative development environment (CDE) is an online meeting space where a software development project's stakeholders can work together, no matter what time zone or region they are in, to discuss, document, and produce project deliverables. ...
or "
forge A forge is a type of hearth used for heating metals, or the workplace (smithy) where such a hearth is located. The forge is used by the smith to heat a piece of metal to a temperature at which it becomes easier to shape by forging, or to th ...
". On December 9, 1999, during the
dot-com bubble The dot-com bubble (dot-com boom, tech bubble, or the Internet bubble) was a stock market bubble in the late 1990s, a period of massive growth in the use and adoption of the Internet. Between 1995 and its peak in March 2000, the Nasdaq Compo ...
, VA Linux became a
public company A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (l ...
via an
initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
and Augustin, then 38-years old, became a
billionaire A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American busin ...
on paper. In August 2002, Augustin left VA Linux and from September 2002 to December 2004, he was a partner at
Azure Capital Partners Azure Capital Partners, which was established in 2000, is an early stage venture capital firm that invests in the information technology industry using an investment research approach to venture capital investing. Azure Capital Partners was fou ...
, where he helped lead Azure's investments in
Zend Technologies Zend, formerly Zend Technologies, is a Minneapolis, Minnesota-based software company. The company's products, which include Zend Studio, assist software developers with developing, deploying, and managing PHP-based web applications. The company w ...
and Medsphere. In 2005, Augustin joined the
board of directors A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organiz ...
of SugarCRM and in May 2009, Augustin was appointed as the
chief executive officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...
. Augustin was the CEO of SugarCRM until February 2019 when Craig Charlton was appointed the role, with. Augustin remaining the chairman of the board of directors. As of July 2019, he became a VP at Amazon Web Services.


Personal life

Augustin works out in a gym every day after work. He is married and has a daughter born in 1997.


References


External links

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Interviews


Audio interview
on
FLOSS Weekly FLOSS Weekly is a free and open-source software ( FLOSS) themed netcast from the TWiT Network. The show premiered on April 7, 2006, and features interviews with prominent guests from the free software/open source community. It was originally hoste ...

Interview
on
Slashdot ''Slashdot'' (sometimes abbreviated as ''/.'') is a social news website that originally advertised itself as "News for Nerds. Stuff that Matters". It features news stories concerning science, technology, and politics that are submitted and evalu ...

Interview
on
Linux Journal ''Linux Journal'' (''LJ'') is an American monthly technology magazine originally published by Specialized System Consultants, Inc. (SSC) in Seattle, Washington since 1994. In December 2006 the publisher changed to Belltown Media, Inc. in Houston ...
{{DEFAULTSORT:Augustin, Larry American venture capitalists Living people Geeknet Stanford University School of Engineering alumni 1962 births American company founders American technology chief executives Open source advocates Notre Dame College of Engineering alumni People from New Hampshire