Epic Systems: Do not go public
One of my favorite Acquired episodes is the deep dive on Epic Systems. The origin story, the history, and Judith Faulkner’s founder journey are just insanely good. So many gems in this one:
- Epic’s campus has the largest underground auditorium in the world, called “Deep Space”, with over 11,000 seats.
- Other areas also have imaginative names like “Wizards’ Academy”.
- The company claims zero client churn in its 45 year history.
- A couple of their commandments: “Do not go public” and “Do not be acquired”. The succession plan for the company is to go into a trust and foundation.
If you haven’t listened yet, I highly recommend it.