Proofpoint: Vision and Credibility of Leadership

Proofpoint (www.Proofpoint.com) NASDAQ: PFPT, based in Sunnyvale, CA, helps the largest and most successful companies in the world protect and govern their most sensitive data.  Darren Lee,  VP of Governance and Archiving and CEO of NextPage, took some time to sit with Ascent Advisor. Peter Wride – Ascent Advisor: NextPage was recently acquired.  Does this feel like the finish line or is this the half-way point for you? Darren Lee: It’s the half-way point.  The purpose for the acquisition was for us to get broad sales leverage on our product line and to gain some additional product capabilities that we otherwise wouldn’t have. That’s why I’m still here and I will be for some time. It was a chance to now take it completely global and to round out the product offering to be much more competitive.  We’re actually running a particular business unit of Proofpoint and we’re in active growth and hiring.  We filed to go public in December and we’ll be out some time in Q2 [Proofpoint went public on April 20th] We’ll take capitol and pursue growth even more aggressively. It’s a great time. Ascent Advisor: How many employees are in your office? Darren: There are about 45 Proofpoint employees here [in Utah], and we’ll be adding quite a number beyond that.  The company as a whole is about 400. Ascent Advisor:  For those not familiar with Document Governance, can you explain what your product does? Darren: Governance is all about managing three things: one is your cost of e-discovery, the second one is regulatory compliance and risk, and the third one is managing storage costs. What we...

We Are the Nitty-Gritty: Molding Box Inc.

Molding Box (www.MoldingBox.com) is a Inc. 5000 company based in Salt Lake City, UT that is making a name in the direct-to-consumer fulfillment market.  Founder and CEO Jordan Guernsey (@moldingbox), took some time to sit with Ascent Advisor (@ascentadvisor). Peter Wride – Ascent Advisor: Tell me a little bit about the foundation of Molding Box. Jordan: I was working for my brother-in-law doing credit card processing and the company grew into product development and call center management.  I was put in charge of the fulfillment, managing part of the call center and the normal day-to-day operations, and doing some of the accounting.  It got a little bit out of control, and it was at that time that I thought, “I probably shouldn’t be here.”  I got the contract to continue to do the fulfillment so I just segmented down and grew it from there. Ascent: How would you describe what Molding Box does? Jordan: Warehouse. Package. Ship.  It defines really what we do.  We warehouse a company’s products, package them, and ship them out.  That’s our main goal.  We can literally handle almost anything, but our main focus is the warehouse, package, and ship. Ascent: If it fits in a box, you can handle it. Jordan: Exactly. Ascent:  You founded Molding Box in 2005 in your parents’ basement.  What’s the vision that you founded it on?  Is this what you had envisioned? Jordan:  No, I didn’t really have anything envisioned. I mean that’s the main thing.  I don’t want to say dumb luck – but the opportunity was there.  I thought, “I will just do this for a while...