fledged Human Resources Information System. In 2004, Oracle acquired PeopleSoft for $10.3 billion. One of its founders, David Duffield, then started a new company that upgraded PeopleSoft's model to near limitless cloud-based storage giving birth to Workday, the intractable nepo baby of HR software.
computing services, smaller rivals such as Salesforce.com Inc. and Workday Inc. have been growing at a much faster clip. Both Salesforce, started by former Oracle executive Marc Benioff, and Workday, founded by longtime Oracle nemesis David Duffield, were created explicitly as cloud computing specialists.
Date: Sep 18, 2014
Source: Google
Facebook recovery swells founder Mark Zuckerberg's fortune by £6bn
The biggest percentage gainer is David Duffield, the 72-year-old co-founder of the software business Workday, whose fortune has more than tripled to $6.4bn after the companys IPO last October.
Date: Sep 17, 2013
Category: Business
Source: Google
Forbes Announces Its 32nd Annual Forbes 400 Ranking Of The Richest Americans
ard Yuengling Jr. of D.G. Yuengling & Son (# 371) at $1.4 billion. David Duffields fortune is up 205% to $6.4 billion from $2.1 billion last year, making the software entrepreneur currently co-CEO of Workday and former head of PeopleSoft the largest percentage gainer this year (#65).
Revenue at Workday which was founded by David Duffield and Aneel Bhusri, two veterans of the software industry has more than doubled every year in since 2007, reaching $134 million in the year that ended Jan. 31, according to its most recent prospectus. Still like many start-ups, its struggling
Some of that may arise from Workdays beginnings. The company was founded seven years ago by David Duffield and Aneel Bhusri, who formerly led PeopleSoft, the human resources software maker that Oracle bought after a bruising takeover battle.
Date: Oct 11, 2012
Category: Business
Source: Google
Workday raises share price to $24-$26 for $4B valuation
raise as much as $591 million. This bumps Workdays valuation up to more than $4 billion. The holders of Workdays Class B sharesof which there are 137.5 millionwill maintain 98% of voting power in the company, with co-CEOs David Duffield and Aneel Bhusri accounting for two-thirds of that.
to 10 voting rights. After the offering is complete, Class B shareholders will hold 98 percent of the voting power, and the company's co-founders and co-CEOs David Duffield and Aneel Bhusri will control two-thirds, according to the company's filing Tuesday with the Securities and Exchange Commission.