In 1998 Jeffrey Sprecher founded a small startup company in Atlanta, Georgia. Starting with 6 people Intercontinental Exchange (ICE) would quickly grow to become a fortune 500 company, and one of the largest financial marketplace operators in the world. In 2005, ICE had a historic IPO on the New York Stock Exchange (NYSE). Several years later in 2013, ICE would acquire the iconic NYSE. Today ICE employs over 6,000 people and is valued over 40 billion dollars. In addition to being the Chairman and CEO of ICE, Jeff is currently the chairman of the Atlanta Metro Chamber of Commerce. In many ways, ICE is a technology organization with nearly half of its employees working to design, build and operate the trading, clearing and data systems that facilitate its business. Edwin Marcial served as a Senior VP and the founding Chief Technology Officer of ICE alongside Jeff for 16 years.
In this episode of techrides, Jeff and Edwin ride in Jeff’s 1992 Porsche 911 Carerra Cup car and discuss Jeff’s passion for cars, the Atlanta tech scene, and the early days of ICE as a startup. In the sit down discussion, Jeff and Edwin continue the conversation, and Jeff talks about how he approaches deal making including some of the most memorable deals and acquisitions ICE has made during its rapid growth.