New Relic Founder and CEO Lew Cirne says his company's business model incorporates both individual subscriptions and enterprise licensing as a way to smooth out revenue flow. In conversation with Stanford Engineering Professor Tom Byers, Cirne also says that a product's simplicity is key if it is to spread throughout a market, and that a firm's business model can guide product design.

Lew Cirne, founder and CEO of New Relic, says that entrepreneurs should ask themselves if they can be completely open and honest with their investors before formally agreeing to terms with them. In conversation with Stanford Engineering Professor Tom Byers, Cirne also says the ideal investors are the ones who inspire and can serve as collaborators.

New Relic Founder and CEO Lew Cirne discusses how difficult it is for high-tech companies with a product that is a huge hit on the market to follow up with an equally successful "second act." He says the few companies that have done it are driven by founders who are obsessed with product.

Lew Cirne, founder and CEO of New Relic, describes how he came to realize that he doesn't need to be involved in all aspects of a company. Learning this after founding his first startup, Cirne says he now recruits senior leaders who can focus on the aspects of the business that he can't.

Lew Cirne, founder and CEO of New Relic, shares his passion for building software. In conversation with Stanford Engineering Professor Tom Byers, Cirne also discusses how an exposure to liberal arts can give engineers a more complete set of skills for building software and working with others.

Lew Cirne, founder and CEO of New Relic, explains why people get so frustrated with slow-running software. "It's possible to make more money; it's not possible to make more time," Cirne says. In conversation with Stanford Engineering Professor Tom Byers, Cirne says optimized technology also frees up precious time that can be spent offline with those who matter most.

In conversation with Stanford Engineering Professor Tom Byers, Lew Cirne talks about founding New Relic out of pure passion for building software, not for the sake of financial gain. Cirne also underscores how work should be truly meaningful and not a means to a profitable end.