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Evernote driving $1 million a month in sales

Interview with Phil Libin, Evernote CEO and founder, and Gary Little, partner at Morgenthaler

Entrepreneur interview by Bambi Francisco Roizen
April 15, 2011 | Comments
Short URL: http://vator.tv/n/18f1


In the old days, I used to organize my address book. But when search in email came along (years ago), I didn't bother since I could easily just search for someone's name in my inbox, and find their information. Now, I'm doing the same thing with more than just addresses.

The other day, I became one of the 26,000 people who sign up to Evernote daily. I took a photo of a menu at Hog Island Oyster Bar in San Francisco. I sent it to Evernote. I didn't even have to tag it. Because Evernote can read the menu in the photo, I can type in "oyster" and Evernote will serve up this photo. Now that's convenient. It's no wonder that in under three years, Evernote, which turns three years old this June 24, has attracted 8.2 million registered users, of which 300,000 are paying subscribers.

While Evernote is building out its sales team to drive more organizations to pay for its service, it's already driving $1 million in revenue a month. 

On a recent sunny day at La Mar in San Francisco, I caught up with Phil Libin, CEO and founder of Evernote, a popular online organizer, and Gary Little, partner at Morgenthaler, the first US Investor in Evernote.

We talked about a smattering of topics, from what's happening at Evernote, to who's using the service, to the evolution of organizing stuff online, to how startups are being built today, to the biggest disruption in the VC industry. 

Enjoy the interview.


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