ServiceNow Inc at Goldman Sachs Communacopia + Technology Conference Transcript

Sep 14, 2022 / 08:15PM GMT
Kasthuri Gopalan Rangan - Goldman Sachs Group, Inc., Research Division - Analyst

Turn down the volume on the music for Bill McDermott, and this discussion is going to just go right back up.

Bill has heard this story a million times. But the first time I met you, Bill, was, I don't know, 2002 or 2003, I forget. The NASDAQ was 1,000 stocks, were trading at 8x earnings. And they said, "Oh, you got to meet this new incoming leader of this other company." I was down, and I thought I was going to get fired and lose my job because tech was just completed down and out.

30-minute meeting with Bill. I came out feeling great about my job, about the industry, software industry, the stock market. It was just the beginning of, wow, there's somebody who can actually capitalize an iconic company and not just nurse it back to health but to vibrancy. So if you could do something like that, the beginning of about 20 years of getting to know you and watching your fantastic career, so it's a great pleasure that finally, we could be on stage together in front of a live audience. And in that vein, just given

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