DocuSign, Inc. (DOCU) CEO Dan Springer Presents at Jefferies Virtual Software Conference (Transcript)

Sep. 15, 2020 8:22 PM ETDocuSign, Inc. (DOCU) StockDOCU
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DocuSign, Inc. (NASDAQ:DOCU) Jefferies Virtual Software Conference September 15, 2020 12:30 PM ET

Company Participants

Dan Springer - Chief Executive Officer

Conference Call Participants

Brent Thill - Jefferies

Brent Thill

Welcome back to the software conference. It's Brent Thill at Jefferies. Very pleased to have with us Dan Springer, CEO of DocuSign. Dan has been instrumental in helping run this to a $37 billion market cap and transforming the story. Prior to DocuSign, Dan served as the Chairman and CEO of Responsys through led the sale of the company to Oracle for $1.6 billion. Dan, thanks again for joining.

Question-and-Answer Session

Q - Brent Thill

Maybe just to start-off, give us your view on kind of what's happening in your world that just at [Indiscernible]. Obviously, you've got incredible momentum and just bring us up to speed in terms of your high-level thoughts on what's happening with the company's future?

Dan Springer

Sure. I think there's two things I'd probably point you, Brent as it define my perspective on where we are in the marketplace. The first one is around our product market strategy and the second one is just what's happening in the economic environment, demand environment from standpoint of COVID.

From overall, our product vision a couple of years ago, we came to this realization that while eSignature was clearly what brought us sort of to the dance, so to speak, and will be the dramatic driver of our business for years to come, but our customers want to look broader, and we've really characterized this as the DocuSign Agreement Cloud. So instead of just signing documents, people needed to able to prepare and then after they've been signed, take actions on those agreements, connecting to other software, et cetera, and then manage that body of agreements that they have, and storing those agreements that being able to do intelligence search

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