Secrets of the fastest-growing techs

CEOs reveal the business strategies that put companies like Akamai, Netflix, and Priceline at the top of Business 2.0's ranking of the 100 fastest-growing technology companies.

CEO, Akamai Technologies
Paul Sagan
CEO, Akamai Technologies
No. 1 on Business 2.0's list of the 100 fastest-growing technology companies

When you download a song from iTunes, stream a video on MTV.com, or watch a newsreel on Yahoo, Akamai is working behind the scenes to make sure the audio and video arrives at your computer without a hiccup. CEO Paul Sagan talks about the company and how it took inspiration from the tragic death of cofounder Danny Lewin in the 9/11 terrorist attacks.

On Akamai's academic roots: Akamai was about a big idea. The original founders wanted to make the Internet work for business. The Internet was designed for e-mail to small groups. People were trying to use the Internet for something it was not designed for, such as real-time commerce and entertainment. The Internet's simply not built to do video. Akamai wanted to see if it could use some very esoteric math and ideas of distributed computing to make the Internet reliable and scalable, given all of its weaknesses, by overlaying this technology we've developed.

On benefitting from the broadband revolution: We got to a magic number, a tipping point, some tens of millions of homes with cable or DSL connections about 18 months ago. Those people started to listen to Internet radio, download songs, watch video. And when that happened, it really drove a lot of demand for what we do because we make those things work so much better. We've always done well, outside of the near-meltdown after the bubble. But what really pushed our growth was this proliferation of broadband to the home.

On the loss of cofounder Danny Lewin on 9/11: It was a horrible tragedy, him among many that day. He attracted a lot of really smart people, many of whom are still here, to the company, and we really understood what his vision was. We were determined, in many ways more so after 9/11, to see it played out. A lot of people told us we should just sell the company for scrap and give up. Everybody was damn determined to prove Danny right, and not give up, if for no other reason than his memory, because it would have just been like rolling over. He was the most competitive person I ever met.

1

2

3

4

5

6

7
Full list: See all 100 Despite talk of bubbles, the tech sector continues to surge. The 100 companies on our list are posting impressive results. (more)
Top job growth Want to work at a B2 100 company? Omnivision nearly doubled its staff last year. Find out who else is hiring. (more)
Zapping wrinkles away Palomar Medical Technologies has developed the Swiss Army knives of cosmetic procedures. (more) video

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.