Evernote was hatched to wild success.
With millions of users, other startup CEOs might have cashed their chips and moved to the next big thing. However, Evernote’s Phil Libin doesn’t have an exit strategy. Rather, his goal for Evernote is to be a 100 Year Company, that is, “an innovative company that people love that lasts for a century.”
Early on, Evernote graduated from startup mode, turning its attention to establishing management teams by drawing on talent throughout the organization.
Borrowing from management techniques practiced on nuclear submarines, Evernote adopted what Libin calls,