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Businessman (born 1962) From Wikipedia, the free encyclopedia
Larry Augustin (born October 10, 1962) is a former VP at Amazon Web Services. He formerly was the chairman of the board of directors of SugarCRM.[1] He is a former venture capitalist and the founder of VA Software (now Geeknet). During the height of the dot-com bubble, Augustin was a billionaire on paper at the age of 38.
Larry Augustin | |
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![]() Augustin in 2008 | |
Born | October 10, 1962 |
Alma mater | University of Notre Dame Stanford University |
Known for | Chairman of SugarCRM Founder of Geeknet Paper billionaire during the dot-com bubble |
Augustin is featured in the 2001 documentary film Revolution OS.[2]
Augustin grew up in a suburb of Dayton, Ohio, though he spent some of his early life on a family farm in New Hampshire.[3]
After receiving a B.S. in electrical engineering from the University of Notre Dame, Augustin received a fellowship from Bell Labs to pursue a master's degree in electrical engineering from Stanford University.[3] He went to work for Bell Labs for a year and then returned to Stanford to pursue a PhD.[3]
In 1993, Augustin founded VA Research (later VA Linux and Geeknet), while a Ph.D. student at Stanford. Augustin was a Stanford colleague of Jerry Yang and David Filo, the founders of Yahoo!.[4] Filo and Yang introduced Augustin to Sequoia Capital, which provided Augustin with venture capital.[3]
In November 1999, he launched SourceForge, a collaborative development environment or "forge".[1][5]
On December 9, 1999, during the dot-com bubble, VA Linux became a public company via an initial public offering and Augustin, then 38-years old, became a billionaire on paper.[6]
In August 2002, Augustin left VA Linux and from September 2002 to December 2004, he was a partner at Azure Capital Partners, where he helped lead Azure's investments in Zend Technologies and Medsphere.[1]
In 2005, Augustin joined the board of directors of SugarCRM and in May 2009, Augustin was appointed as the chief executive officer.[7]
Augustin was the CEO of SugarCRM until February 2019 when Craig Charlton was appointed the role, with. Augustin remaining the chairman of the board of directors.[8][9]
In July 2019, Augustin became a VP at Amazon Web Services. He left Amazon in 2021.[10]
Augustin works out in a gym every day after work.[3] He is married and has a daughter who was born in 1997.[11]
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