Larry Augustin

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Larry Augustin
Born (1962-10-10) October 10, 1962 (age 55)
Alma mater University of Notre Dame
Stanford University
Known for Chairman of SugarCRM
Founder of Geeknet
Paper billionaire during the dot-com bubble

Larry Augustin (born October 10, 1962) is the Chairman of SugarCRM.[1] He is a former venture capitalist and the founder of VA Software (now Geeknet). During the height of the dot-com bubble, Augustin was a billionaire on paper at the age of 38.

Augustin is featured in the 2001 documentary film Revolution OS.[2]

Early life and education[edit]

Augustin grew up on a family farm in New Hampshire.[3]

After receiving a B.S. in electrical engineering from the University of Notre Dame, Augstin received a fellowship from Bell Labs to pursue a master's degree in electrical engineering from Stanford University.[3] He went to work for Bell Labs for a year and then returned to Stanford to pursue a PhD.[3]


In 1993, Augustin founded VA Research (later VA Linux and Geeknet), while a Ph.D. student at Stanford. Augustin was a Stanford colleague of Jerry Yang and David Filo, the founders of Yahoo!.[4] Filo and Yang introduced Augustin to Sequoia Capital, which provided Augustin with venture capital.[3]

In November 1999, he launched SourceForge, a collaborative development environment or "forge".[1][5]

On December 9, 1999, during the dot-com bubble, VA Linux became a public company via an initial public offering and Augustin, then 38-years old, became a billionaire on paper.[6]

In August 2002, Augustin left VA Linux and from September 2002 to December 2004, he was a partner at Azure Capital Partners, where he helped lead Azure’s investments in Zend Technologies and Medsphere.[1]

In 2005, Augustin joined the board of directors of SugarCRM and in May 2009, Augustin was appointed as the chief executive officer.[7]

Personal life[edit]

Augustin works out in a gym every day after work.[3] He is married and has a daughter born in 1997.[8]


External links[edit]