OKTA - Todd McKinnon interview

On the latest Invest Like the Best podcast:

https://investorfieldguide.com/todd-mckinnon-creating-and-de…

Show Notes

(2:19) – Best slide in his presentation for starting Okta

(5:21) – The early days of Okta and what they were trying to do

(8:36) – Challenge of building the company from an engineering perspective

(10:32) – First version of the Okta product

(11:03) – An overview on identify management

(13:55) – The major innovation in the early days of the product

(16:11) – The early struggles of starting a company

(18:49) – Becoming a default mode solution

(20:39) – Most interesting ways the company has grown its services

(22:10) – Future of platform businesses

(24:24) – Expanding into an infrastructure business

(25:59) – Important shifts that they are paying attention

(28:21) – Future of our digital identity and Okta’s potential role

(32:20) – The chapters of Okta’s story so far

(35:03) – Challenges they had to overcome in growing the company

(37:31) – Recruiting the right talent and fostering it early on

(39:12) – Biggest mistakes he’s made with the business

(41:06) – Benefits of extreme focus vs having a broader view of the problems

(43:35) – Innovating within Okta

(46:02) – How software businesses define cost of revenue and cost of goods

(48:23) – Lessons they’ve learned about selling the services of a small company into the largest company

(49:54) – Lessons from working with bad clients/customers

(51:06) – Their inside view into the future of business today

(51:10) – Jeff Lawson podcast Episode

(52:36) – Best way to maintain the growth of Okta over the long term

(53:30) – Lessons he would give to business students today

(54:51) – Being scared as a founder

(55:27) – Kindest thing anyone has done for him

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