{"id":15082,"date":"2019-05-14T18:40:58","date_gmt":"2019-05-14T18:40:58","guid":{"rendered":"https:\/\/rsoftsolution.com\/blog\/ceo-howard-lerman-on-building-a-public-company-and-the-future-of-yext.html"},"modified":"2019-05-14T18:40:58","modified_gmt":"2019-05-14T18:40:58","slug":"ceo-howard-lerman-on-building-a-public-company-and-the-future-of-yext","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/ceo-howard-lerman-on-building-a-public-company-and-the-future-of-yext.html","title":{"rendered":"CEO Howard Lerman on building a public company and the future of Yext"},"content":{"rendered":"

It\u2019s just over<\/span> two years since Yext debuted on the New York Stock Exchange<\/a>, and to mark the occasion, I sat down with co-founder and CEO Howard Lerman for an interview.<\/p>\n

As Lerman noted, Yext <\/a> \u2014 which allows businesses to manage their profiles and information across a wide variety of online services \u2014 actually presented onstage at the TechCrunch 50 conference back in 2009<\/a>. Now, it boasts a market capitalization<\/a> of nearly $2.3 billion, and it just revealed plans<\/a> to take over a nine-floor building in New York\u2019s Chelsea neighborhood, turning it into Yext\u2019s global headquarters.<\/p>\n

My interview with Lerman actually came before the announcement, though he managed to drop in a few veiled hints about the company making a big move in real estate.<\/p>\n

More concretely, we talked about how Lerman\u2019s management style has evolved from scrappy startup founder to a public company CEO \u2014 he described holding five-minute meetings with every Yext employee as \u201cone of the best management techniques\u201d he\u2019s ever adopted.<\/p>\n

Lerman also argued that as online misinformation has become a big issue, Yext has only become more important: \u201cOur founding principle is that the ultimate authority on how many calories are in a Big Mac is McDonald\u2019s. The ultimate authority on where Burger King is open is Burger King.\u201d<\/p>\n

Vowing that he will remain CEO of Yext for \u201cas long as this board will have me,\u201d Lerman ended our conversation with a passionate defense of the idea that \u201ca company is the ultimate vehicle in America to effect good in the world.\u201d<\/p>\n

You can read a transcript of our conversation below, edited and condensed for clarity.<\/p>\n

TechCrunch:<\/strong> To start with a really broad question, how do you think Yext is different now than it was two years ago?<\/p>\n

Howard Lerman:<\/a><\/strong> One of the things that\u2019s defined Yext over the years is our continuous willingness to reinvent ourselves. You started covering us in 2009 [at] TechCrunch 50, we were a launch company there<\/a>.<\/p>\n

And here we are now. One of the cool things about being public is: It\u2019s a total gamechanger. It\u2019s a gamechanger not just for access to capital, but it\u2019s particularly important in global markets. And I\u2019m not talking about capital markets, I\u2019m talking about the markets in which we sell software. We have offices now from Berlin to Shanghai.<\/p>\n

\n

Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/1an6NqpEOjE\/<\/p>","protected":false},"excerpt":{"rendered":"

It\u2019s just over two years since Yext debuted on the New York Stock Exchange, and to mark the occasion, I sat down with co-founder and CEO Howard Lerman for an <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-15082","post","type-post","status-publish","format-standard","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t