Answering a question from the audience, CEO Phil Libin shares lessons learned from merging together two company teams to form a new entity, Evernote. While there was general harmony among the employees, the new organization's unique structure made it difficult to raise funds from outside investors.

Serial entrepreneur Phil Libin shares the unusual story of how his first company, Engine5, came to be sold. After being forced to improve a product from a third-party company, and subsequently writing to complain about their experience, the third-party company ended up acquiring Engine5 three weeks later.

Phil Libin shares opinions on a new trend he sees appearing in venture capital, where the need for company exit strategies is decoupled from the desire for liquidity. He also articulates how secondary markets now offer companies and investors new opportunities for liquidity during subsequent funding rounds.

Serial entrepreneur Phil Libin believes now is 'the best time in the history of the universe" to start a new company. The Evernote CEO argues that today we live in a geek meritocracy where great products are king. He encourages entrepreneurs to take advantage of modern distribution tools such as app stores, social conversations, free-mium economics, and smart phone technology.

Co-Founder and CEO Phil Libin says he has no exit strategy for Evernote. Libin challenges conventional startup thinking by asserting that if you want to exit there must be something wrong with your company. Evernote has structured its board in a specific way and turns down repeated offers for purchase, according to Libin, because "it's much more interesting to come into work, when you're pursuing your life's dream."

CEO Phil Libin explains how Evernote creates a great deal of luck by making big bets on which platforms to support. In this amusing and insightful anecdote, Libin tells how Evernote developed their application to work on Apple's iPad by using cardboard cutouts of the device.

Evernote Co-founder and CEO Phil Libin describes his joy in not being the smartest person in the room. As a serial entrepreneur, Libin seeks to surround himself with the smartest individuals, as this "bubble" helps get things done and provides endless opportunities for continued learning.

Evernote Co-Founder and CEO Phil Libin dispels myths about being an entrepreneur. He outlines a number of bad reasons to be become one, including a desire for free time and wealth. According to Libin, "If you want to be an entrepreneur to make money, then you're just bad at math."