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1. www.forbes.com › profile › frederic-luddyFrederic Luddy - Forbes

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   1 day ago · PROFILE. Frederic Luddy. Founder and Chief Product Officer, ServiceNow. $1.4B. Real Time Net Worth. as of 5/19/24. #2302 in the world today. Photo by Ethan Pines/The Forbes Collection. About...

   • Occupation: Founder And Chief Product Officer

2. www.forbes.com › sites › alexkonradThe Outsider: How CEO-For-Hire Frank Slootman Turned ... - Forbes

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   Feb 1, 2021 · Founded by billionaire Fred Luddy, ServiceNow was cash-flow-positive and doubling revenue, but understaffed—“anemic,” as Slootman now says.

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   Who is Fred Luddy?

   • Fred Luddy, a serial entrepreneur, cofounded enterprise software company ServiceNow in 2004, a few weeks before he turned 50. At the time, Luddy had just lost a nearly $35 million fortune when his previous employer, Peregrine Systems, filed for bankruptcy.

   Frederic Luddy - Forbes

   www.forbes.com/profile/frederic-luddy/

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   What makes Luddy a great CEO?

   • But Luddy's triumph also comes from innovation in management: specifically, the rare founder trait of knowing when it's time to step aside and let someone else run your baby. Luddy transitioned from CEO to chief product officer in 2011.

   From Broke To Billionaire: How Fred Luddy Built - Forbes

   www.forbes.com/feature/innovative-companies-service-now/

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   Why did Fred Luddy start ServiceNow?

   • Founded by billionaire Fred Luddy, ServiceNow was cash-flow-positive and doubling revenue, but understaffed—“anemic,” as Slootman now says. Investor Sequoia wanted an executive with more experience building a sales team to target the world’s biggest corporations.

   The Outsider: How CEO-For-Hire Frank Slootman Turned Snowflake Into

   www.forbes.com/sites/alexkonrad/2021/02/01/the-outsider/

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   What happened to Luddy?

   • I just wrote them down and thought about them." Forgive Luddy such indulgences. Fourteen years ago, he was pretty much broke, having seen a $35 million personal fortune vanish overnight in the midst of accounting fraud at his previous company. Thirteen years ago he was a one-man shop, tinkering with ServiceNow's core product from his home.

   From Broke To Billionaire: How Fred Luddy Built - Forbes

   www.forbes.com/feature/innovative-companies-service-now/

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