Speaker: Keith Krach

From wiki

Image:Keith_Krach.jpg Keith Krach, President of 3 Points, LLC and Founder of Ariba


Biography

From being the youngest vice president at General Motors to becoming a recipient of Ernst & Young’s National Entrepreneur of the Year award in 2000, Krach has a lot to show for his success. In 1996 he co-founded Ariba Inc. in Mountain View, California. Ariba helps companies analyze, understand, and manage their corporate spending to achieve increased cost savings and business process efficiency, and it’s used on about four million desktops all around the world today. Under Krach’s leadership, Ariba’s revenues increased to $500 million per year in the first five years. Red Herring magazine named him one of the top 10 entrepreneurs and Ariba as best managed privately held high-tech company, both in 1998. In 2000, Ariba won the Technology Pioneer Award at the World Economic Forum in Switzerland. “My biggest challenge has been to start companies up from scratch,” Krach says. “The key to success is building a high-performance team, but it takes a lot of work.” While he says that starting a company is his biggest challenge, he keeps doing it over again. Krach’s latest business venture is an investment holding company called 3 Points LLC in Los Gatos, California. 3 Points LLC specializes in investing in high-tech companies and advising CEO’s.