Salesforce, Inc. (CRM) Goldman Sachs Communacopia + Technology Conference 2025 Transcript


Conference Call Participants

Kasthuri Rangan – Goldman Sachs Group, Inc., Research Division

Presentation

Kasthuri Rangan
Head of Software Coverage

Marc, this is — we’re going to make it memorable. This is our last fireside chat, I’m told.

Marc Benioff
Co-Founder, Chairman & CEO

Well, I’m just trying to get over this news that you just told me and it’s upsetting.

Kasthuri Rangan
Head of Software Coverage

Well, it’s been a good run.

Marc Benioff
Co-Founder, Chairman & CEO

I mean, you’re retiring?

Kasthuri Rangan
Head of Software Coverage

On the last day of your Fiscal year. On the last day of your fiscal year. I timed it. I timed it. Yes.

Marc Benioff
Co-Founder, Chairman & CEO

I mean, it’s unbelievable. How long have you been now at Goldman Sachs?

Kasthuri Rangan
Head of Software Coverage

5 years.

Marc Benioff
Co-Founder, Chairman & CEO

And before that?

Kasthuri Rangan
Head of Software Coverage

Total of 31 years.

Marc Benioff
Co-Founder, Chairman & CEO

31 years. Congratulations.

Kasthuri Rangan
Head of Software Coverage

Thank you. Thank you very much.

Marc Benioff
Co-Founder, Chairman & CEO

Amazing career.

Kasthuri Rangan
Head of Software Coverage

Thank you. Thank you. Didn’t mean to elicit clap.

Marc Benioff
Co-Founder, Chairman & CEO

You just want more time in your life to do things?

Kasthuri Rangan
Head of Software Coverage

Open page. It’s a blank page. We don’t know yet.

Marc Benioff
Co-Founder, Chairman & CEO

Getting a haircut or something?

Kasthuri Rangan
Head of Software Coverage

Yes. Not time for that. But I want to, first of all, thank you for what you’ve done for the industry. You created the SaaS industry. You created the



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