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Qualys CEO: I Chose Not To Be A Billionaire

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Philippe Courtot
Philippe Courtot, CEO of Qualys  YouTube/SCMagazineUS

To say Qualys CEO Philippe Courtot knows how to make money from starting tech companies is an understatement.

He's a multimillionaire after selling three companies and taking two others public.

His latest success is Qualys, which went public in September.

His first was cc:Mail, an early email program. When he took the CEO job, the company had $2,000 in the bank, he told Business Insider.

He sold it to Lotus in 1991 for $55 million. He sold his next company, Signio, to VeriSign for $1.3 billion. Including his angel investments, he's helped build some 10 startups in his three decades in the Valley.

With all the money he's made, he says he had to deliberately choose not to become too rich.

"I'm not a billionaire and I never really wanted to be one," he said. "I could have been. But then you become too visible and then you lose your life."

"I'm not saying being a billionaire is bad," he laughed. It's just that he'd rather be "more anonymous."

So how did he deliberately avoid becoming a billionaire? By giving away large stakes of his companies to early employees, he says.

"One of the thing I've done is shared the wealth. Some founders, for good or bad reasons, try to keep more of the shares for themselves. Yes, my goal was to make money, but I didn't want the burden of making too much money."

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Julie Bort was Business Insider's Editor at Large for the Tech team. She loves investigating stories and shedding light on the tech industry's most amazing people.Here's a small sample of some of Julie's work.Former Pinterest employees describe a traumatic workplace where managers humiliate employees until they cry, Black people feel alienated, and the toxic culture 'eats away at your soul'Sex, tequila, and a tiger: Employees inside Adam Neumann's WeWork talk about the nonstop party to attain a $100 billion dream and the messy reality that tanked itInsiders say WeWork's IT is a patchwork of cheap devices and Band-Aid fixes that will take millions to fixWeWork's toxic phone booths were created in-house by its Powered by We business70-hour weeks and 'WTF' emails: 42 employees reveal the frenzy of working at Tesla under the 'cult' of Elon MuskElon Musk works so many hours at Tesla, employees are constantly finding him asleep under tables and desksHow this woman went from a Pizza Hut employee to a founder of a $4 billion startupAn Oracle insider explains how some salespeople gamed the system to sell more cloudTHE TAKEDOWN OF TRAVIS KALANICK: The untold story of Uber's infighting, backstabbing, and multimillion-dollar exit packagesMicrosoft is in talks to buy GitHub, a startup at the center of the software world last valued at $2 billionThe alarming inside story of a failed Google acquisition, and an employee who was hospitalizedInside Facebook's plan to eat another $350 billion IT marketHow a registered sex offender wound up living in an Airbnb hosting unsuspecting guestsA controversial ex-banker is the person who really runs Twitter — and he's gambling the company's future on one risky betSecret passages and skipped meals: Oracle's CEO gave us a rare peek at what it really takes to run a $37 billion companyHP told some employees to choose between becoming contractors with no benefits or being fired without severance'I felt like we were being extorted': Customer says Oracle tried to strong-arm him into a cloud saleHow the queen of Silicon Valley is helping Google go after Amazon's most profitable businessAirbnb host: A guest is squatting in my condo and I can't get him to leaveLIES, BOOZE, AND BILLIONS: How one of the fastest-growing startups in Silicon Valley history raised $580 million then spiraled out of controlGitHub is undergoing a full-blown overhaul as execs and employees depart — and we have the full inside storyWhen she's not writing for Business Insider, Julie can usually be found on the trails, on my mountain bike, or on my skis, if you know where to look.