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Dirk Kreuters Vertriebsoffensive: Verkauf | Marketing | Vertrieb | Führung | Motivation
Willkommen bei diesem neuen Podcast-Format! Von wem kannst du Erfolgsgeheimnisse lernen? Von deinem Nachbarn? Der Dame im Supermarkt? Von deinen Kollegen? Oder von einem Milliardär? Klar, lernen kannst du von allen. Aber richtig wertvolles Know-how erfährst du doch von denen, die vorgemacht haben, wie man erfolgreich wird. In unserer ersten Folge spreche ich über Travis Kalanick, einem der Gründer von Uber, Uber Eats und Red Swoosh. Lass mich gern wissen, wie dir dieses Format gefällt und welche Milliardäre du kennst, über die ich auch mal sprechen sollte. LINKS ►► Mehr zu Travis bei Wikipedia:https://de.wikipedia.org/wiki/Travis_Kalanick
แม้ว่า Travis Kalanick จะลาออกจากการเป็น CEO ของ Uber ไปแล้วในปี 2017 จากปัญหาต่าง ๆ นานาที่ Uber ต้องเผชิญและยังแก้ไม่ขาด แต่ความน่าสนใจของธุรกิจสตาร์ทอัพที่มีมูลค่าสูงที่สุดตัวหนึ่งของโลกอย่าง Uber เป็นการตอกย้ำให้เห็นว่าธุรกิจสตาร์ทอัพควรเริ่มต้นจากปัญหา ปัญหาที่หนัก ใหญ่ และยาวนี่แหละ คือ โอกาสทางธุรกิจที่ยิ่งใหญ่ในโลกของสตาร์ทอัพ START IT UP Podcast - EP 20 ว่าด้วยเรื่องราวของ Travis Kalanick ชายผู้ก่อตั้ง Uber ประวัติของผู้ชายคนนี้ไม่ธรรมดา เขาฉายแววความเป็นผู้ประกอบการตั้งแต่วัยเด็ก ด้วยการเร่ขายชุดมีดทำครัวตามบ้านในละแวะที่เขาอยู่ และในวัย 18 ปี เขาเปิดธุรกิจติวสอบ SAT ที่ชื่อว่า New Way Academy ขึ้น ช่วงเรียนมหาวิทยาลัย Travis ยอมลาออกจากมหาวิทยาลัยกลางคัน และชวนเพื่อนมาเปิดธุรกิจ Search Engine แบบ P2P นามว่า Scour ก่อนที่จะถูกบอกบริษัทสื่อ 33 แห่งฟ้องร้องเป็นเงินกว่า 250,000 ล้านเหรียญ จนเขาต้องยื่นล้มละลาย จากนั้นเพื่อแก้แค้นบริษัทสื่อเขากับพรรคพวกได้เปิดบริษัทแชร์ไฟล์อีกบริษัทที่ชื่อว่า Red Swoosh และไม่นานก็ถูกซื้อไปโดย Akamai Technologies หลังจากที่ขาย Red Swoosh ไป Travis มองหาโอกาสทางธุรกิจใหม่ทันที เขาได้พบกับ Garrett Camp ซึ่งเป็น CEO ของ StumbleUpon ที่งาน LeWeb ในกรุงปารีส เหตุการณ์การถูกรถ Taxi ปฏิเสธนี่เอง ที่ทั้งคู่นำปัญหานี้มาขบคิดจนได้ไอเดียการเรียกรถลีมูซีน ให้ไปรับไปส่งง่าย ๆ จากการกดปุ่มเดียวบนแอพมือถือ Garrett Camp กลับมาสานต่อไอเดียที่ซานฟรานซิสโก เขาทำ Prototype ก่อนที่จะชวน Travis ให้มาเป็นที่ปรึกษาในปี 2009 และเดือนมกราคม 2010 พวกเขาทดสอบไอเดีย Uber ในนิวยอร์คด้วยรถเพียงแค่ 3 คน Uber เปิดตัวอย่างเป็นทางการในเมืองนิวยอร์ค เดือนกรกฎาคม 2010 และนั่นทำให้บริการที่เรียบง่ายอย่างการกดปุ่มเดียว แล้วมีรถมารับฮิตระเบิดไปทั่วทั้งเมือง พวกเขาได้รับเงินลงทุนอย่างรวดเร็วในเดือนตุลาคมปีเดียวกัน พวกเขาขยายบริการ Uber ไปยังเมืองต่าง ๆ อย่างรวดเร็ว และต้องเจอปัญหาทั้งทางด้านกฎหมาย และผู้ประกอบการรถ Taxi ในท้องถิ่น ด้วยความที่ Travis ไม่ยอมแพ้ เขากัดฟันสู้ยิบตากับปัญหาเหล่านั้น จน Uber สามารถขยายไปหลายเมืองทั่วโลกได้สำเร็จ นอกจากนี้พวกเขายังมองไปไกลกว่าในปัจจุบัน ด้วยการปรับตัวจากธุรกิจเรียกรถ Taxi ไปสู่บริการทางด้าน Logistic ซึ่งมีบริการรับส่งของที่เกิดขึ้นจาก Uber มากมาย รวมไปถึงการลงทุนวิจัยรถยนต์ไร้คนขับ เพื่อช่วยให้ต้นทุนค่าบริการในอนาคตของ Uber นั้นถูกลง ปัจจุบันมีหลายประเทศที่ Uber ได้ถอนตัวออกไป เช่น จีน รวมถึงประเทศในเอเชียตะวันออกเฉียงใต้อย่างไทย เพราะไม่คุ้มกับการผลาญเงินเพื่อแข่งกับเจ้าตลาดในภูมิภาคนั้น ๆ อย่าง Didi และ Grab ธุรกิจต้องกลับมาโฟกัสที่การสร้างรายได้ เพื่อให้ได้ผลกำไร เพราะธุรกิจในทุกวันนี้อยู่ได้ด้วยเงินลงทุนจากนักลงทุน ซึ่งอันตรายมาก ๆ อย่างไรก็ตาม Uber วางแผนที่จะเข้า IPO ปี 2019 ด้วยมูลค่าที่ถูกคาดการณ์ไว้สูงถึง 120 Billion Dollar
7 Tips To Become More Creative And See Opportunities Have you ever been in a country and had trouble finding a taxi? This happened to me many times in America, where I was stuck for hours miles from my hotel., And in the Philippines where it was not only hard to find a cab but when you found one they always tried to rip you off. I had a story recently that the founders of Uber was in a similar situation while attending a conference in Paris a few years ago but decided to do something about it. They of course went on to found a company which now provides millions of people with a good transparent service, which we can use from our phone and pay for without cash. According to Investopedia.com, Uber’s story began in Paris in 2008. Two friends, Travis Kalanick and Garrett Camp, were attending the LeWeb, an annual tech conference the Economist describes as “where revolutionaries gather to plot the future". In 2007, both men had sold start-ups they co-founded for large sums. Kalanick sold Red Swoosh to Akamai Technologies for $19 million while Camp sold StumbleUpon to eBay for $75 million. Rumor has it that the concept for Uber was born one winter night during the conference when the pair was unable to get a cab. Initially, the idea was for a timeshare limo service that could be ordered via an app. After the conference, the entrepreneurs went their separate ways, but when Camp returned to San Francisco, he continued to be fixated on the idea and bought the domain name UberCab.com. In 2009, Camp was still CEO of StumbleUpon, but he began working on a prototype for UberCab as a side project. By summer of that year, Camp had persuaded Kalanick to join as UberCab’s ‘Chief Incubator’. The service was tested in New York in early 2010 using only three cars, and the official launch took place in San Francisco in May. The rest, as they say, is history. Uber’s disruptive technology, explosive growth, and constant controversy make it one of the most fascinating companies to emerge over the past decade. The almost ten-year-old company soon grew to become the highest valued private startup company in the world. But with its rapid growth came many controversies that knocked down its valuation from a lofty $70 billion to $48 billion in its last funding round in Jan. 2018. On May 23, 2018, the company announced a new tender offer that would bump the company's value to $62 billion. Source: Investopedia.com On my recent holiday I was able to use Uber and similar apps. The cars are clean, the vast majority of the drivers are polite and I no longer get ripped off when arriving at an airport. Do you ever find yourself complaining about a service or situation? Dr Joe vitality said that whenever you see a lot of people complaining about something there is always an opportunity there. I used to complain about not been able to find a taxi or getting ripped off, but I never saw the opportunity to do anything about it. You may have seen the recent movie, The Greatest Showman, which was about BT Barnum. Barnum was not only a great showman, but it was someone that sort opportunities where other people only saw problems. In other words, he was a visionary. Thousands of products and businesses have been started by people who wanted to solve a problem. I’m sure you have had ideas for products or services, but perhaps you were not able to follow them through. Sometimes our mind or that voice in our head tells us things like: “That will never work” “ someone else is probably doing it already” Or, “ it’s too difficult and you can’t do that” Before you know it, you’ve talked yourself out of it and a few years later you find that someone else has “stolen” your idea! By opening your mind to the opportunities around you, you too can become a visionary. You don’t have to form an Uber or a Google or Facebook. Remember that all of these companies were formed to solve a problem. In the case of Facebook the founders wanted to meet girls on campus. Do you remember what it was like using search engines before Google? 7 techniques to help you become more creative and see opportunities: Open your mind and realise that problems are opportunities. There’s an old saying that where there’s muck there’s brass meaning that where there’s dirt or messy problems, there is money and opportunity. Clear the clutter and noise from your mind. Sometimes we literally can’t see the wood from the trees because our minds are cluttered with so many things that we can’t see things that are right in front of us. Techniques to clear your mind include meditation and just being quiet with yourself. Meditation doesn’t need to be complex, but you will improve with practice. Try just sitting and breathing into your belly for a few minutes. Just take deep breath right down into your belly and watch your stomach move up and down. Just concentrate on the breathing and let other thoughts come and go. See if you can do that for two minutes. Then extend it for longer. You don’t have to think of anything or listen to meditation musical tapes. Sit still for 30 minutes. I learned this from the great Brian Tracy. His technique involves going into a quiet room and sitting for 30 minutes with no music no phones, no coffee or food just you in a chair in a quiet room. You don’t need to think of anything but you need to be quiet and just alone with yourself. Nowadays we are hardly alone with ourselves for any length of time because we have so many distractions, especially our smart phones which are buzzing and pinging every minute. Try this technique and you’ll be amazed at how many ideas just pop into your head when you least expect it. You will also feel relaxed, refreshed and calmer. Go for a walk. This is especially effective if you can walk around nature in a field or a park. Just walk and admire nature, the Sun or the sky. Health practitioner suggests that we should walk for at least 30 minutes a day so you can combine the techniques and kill two birds with one stone! Keep a notebook or a journal and write down every idea you think about during the day. You might be surprised at how many ideas you’re already generating right now. When doing your own “brainstorming”, remember that you’re not judging the idea at this moment. Just write them down and return to them later. Serial entrepreneurs like Richard Branson and Simon Woodroffe (who founded Yo! Sushi) carry notebooks and journals with them and make notes all the time. You can also make notes on your phone or laptop, but there’s something about physically writing an idea down that activates your brain. The late Jim Rohn used to be big on giving journals. He kept journals all of his life. I remember him saying to me, don’t trust your memory. Act on your ideas immediately. It has long been known that acting on an idea immediately gives it far more chance of going from gestation to birth. Acting on your idea could mean something as simple as writing it down or putting in your diary to follow up later. Nowadays we can research things immediately on Google, so we have no excuse! Finally, never underestimate the power of your own mind. You don’t have to be a genius to be wealthy or successful you just have to be focused. I remember working in commission only salesforce in the 1980s where the top salesman, a guy called Doug, was earning 20 times the income of the bottom 20% - around £100,000 per annum, which was a lot of money back then. He didn’t seem to work any harder than anybody else. Doug was in his 50’s and put in a full day but never really looked stressed. However, he did not hang around at the coffee machine gossiping or chatting about the recession we were going through – he decided not to join it! He did have a PA, which separated him from the rest, but other than that he was a fairly ordinary guy. He came out on an appointment with me once and I thought I was going to say this really super salesman. Surprisingly, he was quiet, unassuming, normal and did more listening than talking. The manager of our branch got him to give a talk on how he was so successful and earned so much commission when others were struggling. When I heard he was given a talk I was really excited and thought I was really going to get some big secret and new ideas. When he gave the talk, I was a little disappointed as he didn’t really say very much that I didn’t already know. However, there are two things that stuck out in my mind from his talk all those years ago. Firstly, he was a relentless prospector and marketer and was always sending out letters or making calls. Secondly, when asked by my audience member what his secret to success was, he just pointed his finger to his head and said, “it’s all up there, in your mind”. You only need one good idea, followed through with action and persistence to turn your fortunes around. There are thousands of stories of men and women of all ages from 10 year old YouTube millionaire kids to Colonel Sanders, who started KFC when he was 65 years old and unable to live on his pension – he approached thousands of companies before his idea took off. See omnystudio.com/policies/listener for privacy information.
The Top Entrepreneurs in Money, Marketing, Business and Life
David Barrett started programming at the early age of 6 and has been aspiring to become an expense report magnate ever since. David attended the University of Michigan where he worked in the Virtual Reality Lab, before moving to Texas to write 3D graphics engines for the video game industry. Next he moved to California to join Travis Kalanick in building a peer-to-peer file transfer technology called Red Swoosh, which was acquired by Akamai in 2007. In 2008, David left Akamai to start Expensify and has since been relieving the world’s frustrations, one expense report at a time.
Cloud Stories | Cloud Accounting Apps | Accounting Ecosystem
Today I am speaking with David Barrett, the founder and CEO of Expensify. He's an all around alpha geek who started programming when he was 6. He worked in a Virtual Reality Lab at the University of Michigan, wrote 3D graphics engines for the video games industry in Texas, and helped build a peer-to-peer file transfer technology called Red Swoosh in California, before founding Expensify. Expensify has pioneered innovation in the receipt and expense management process by automating every step from receipt scanning through reimbursement. From solo-preneurs to global enterprises across all industries, Expensify serves over five million people and 50,000 customers around the world. Overview Starting Expensify off the back of a thwarted attempt to help homeless people An overview of what Expensify does The coding language Expensify is built on. The biggest challenges faced when starting Expensify is David had no idea what he was doing. He asked lots of questions and listened. Working with a remote team – you can’t get the best people to work for you if they’re not getting rich and having fun! Communication tools used to stay connected with remote staff, hint SLACK is one of them! Cloud apps, cryptocurrency and one straight answer. Talking shiraz with David Barrett – wine aficionado What does the future hold for Expensify? Future plans for Expensify: We know we're going to be here forever, so we're making the investments in the product that's going to last forever. Follow @Expensify on Twitter, like us on Facebook (https://www.facebook.com/Expensify/), or subscribe to our blog at https://blog.expensify.com/
The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch
David Barrett is the Founder & CEO @ Expensify, the startup relieving the world’s frustrations, one expense report at a time. With 35,000 companies and more than 5 million users, David has raised close to $30m from the likes of Redpoint, OpenView, Travis Kalanick, Baseline and SV Angel. However, David certainly does not have traditional views on funding, something we very much touch on in the interview today! Prior to Expensify, David built a peer-to-peer file transfer technology called Red Swoosh with Uber's Travis Kalanick, which was acquired by Akamai in 2007. In Today’s Episode You Will Learn: 1.) How David went from founding Red Swoosh with Travis Kalanick to changing the sexy world of expense reporting with Expensify? 2.) Why does David want to change the cult of the second time entrepreneur? Why does David believe that Silicon Valley fundamentally changes exits in the wrong way? How does David define true operational success? 3.) Why does David believe that Silicon Valley investors are not investors but gamblers? Why does David believe that the business model VCs have created is not only not optimal for founders but poor business practice with "profit" being a dirty word? 4.) What does David believe are the fundamental benefits of capital constraints? How does having financial independence influence your stance when speaking with investors? When does the decision of financially lean or VC backed need to be taken? 5.) Why does David believe the more hiring you do, the more problems you have? What are the core issues of revenue being tied to headcount growth? Why does David believe Silicon Valley is poor for hiring and you must look further afield? Items Mentioned In Today’s Show: David’s Fave Book: Guns, Germs, and Steel, Enders Game As always you can follow Harry, The Twenty Minute VC and David on Twitter here! Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC. Available in carry-on and check-in sizes, Raden is the case for better, smarter travel. By pairing the lightest and most durable materials with technology, travelers can charge their devices on the go, weigh, and track their cases. Visit Raden.com to use code 20VC at checkout. With purchase, receive credit towards Tablet Hotels for the next year. If a UK listener, head over to Selfridge’s and shop Raden today. The Simba Hybrid. The most advanced mattress in the world. With a unique combination of two thousand five hundred conical pocket springs and responsive memory foam, it offers the perfect support for two people. A mattress that responds to you and your partner’s sleeping patterns. Delivered free, with a one hundred night sleep trial, free returns and a ten year guarantee. Start your free trial at simbasleep.com
The Top Entrepreneurs in Money, Marketing, Business and Life
David Barrett. He started programming at the early age of 6 and has been aspiring to become an expense report magnate ever since. He attended the University of Michigan where he worked in a virtual reality lab before moving to Texas to render 3D graphics engines for the video game industry. Next, he moved to California to join Travis of Uber in building a peer-to-peer file transfer technology called Red Swoosh, which was acquired by Akamai in 2007. In 2008, David left that company to start Expensify and has since been relieving the world’s frustration one expense report at a time. Famous Five: Favorite Book? – Good to Great What CEO do you follow? – Elon Musk Favorite online tool? — Google Docs How many hours of sleep do you get?— 8 If you could let your 20-year old self know one thing, what would it be? – “It is possible for everyone else around you to be wrong and for you to be right” Time Stamped Show Notes: 01:46 – Nathan introduces David to the show 02:38 – Expense reports have been overlooked 02:56 – David took the opportunity that will take care of expense reports 03:18 – Expense report is synonymous with any business 03:52 – David shares how his eagerness to help the homeless led him to create an expense report reimbursement app 05:09 – David was in Episode 655 of The Top 05:16 – Expensify isn’t looking to raise another round at the moment as they just raised $25M 05:23 – Expensify is currently profitable and not burning capital 05:27 – Team size is 120 05:33 – Expensify was founded in 2008 06:04 – Expensify currently has 42K customers 06:21 – Expensify also has millions of free users 06:49 – Pricing has a free account which offers 10 receipts a month and a paid account starts at $9 per active user 07:15 – Enterprise plans also start at $9 08:21 – ARR is still under $100M 09:44 – The expansion is the bulk of Expensify’s revenue growth 10:40 – Expensify has a $5 plan for a group 11:10 – Revenue retention is over 100% annually 11:24 – Every 3 years, a customer pays 500% more 12:55 – The most effective strategy to acquire customers is to hand their product to the individual employees and promote it within their own companies 14:14 – David shares how the payment shifts from the employee's personal card to the company’s expenses 16:16 – The target is to share to at least one other person 16:35 – Expensify doesn’t have any paid channels 16:40 – They do lots of conferences which is more for establishing brand leadership 17:25 – They spend a single digit million, annually, for their conference 17:32 – Their conference is ExpensiCon 18:00 – Only 100 selected people can join 19:35 – David believes that the cost of sales doesn’t equate to the cost of customer acquisition 21:38 – The most important decisions are not quantifiable 22:40 – David won’t sell Expensify for $300M 16:10 – The Famous Five 3 Key Points: Getting your own clients to refer you is the best way to grow your customer base. The most important decisions for your company are sometimes not quantifiable. Focus on the best possible brand or product you can offer. Resources Mentioned: Simplero – The easiest way to launch your own membership course like the big influencers do but at 1/10th the cost. The Top Inbox – The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens, and follow-up with email sequences GetLatka - Database of all B2B SaaS companies who have been on my show including their revenue, CAC, churn, ARPU and more Klipfolio – Track your business performance across all departments for FREE Hotjar – Nathan uses Hotjar to track what you’re doing on this site. He gets a video of each user visit like where they clicked and scrolled to make the site a better experience Acuity Scheduling – Nathan uses Acuity to schedule his podcast interviews and appointments Host Gator– The site Nathan uses to buy his domain names and hosting for the cheapest price possible Audible– Nathan uses Audible when he’s driving from Austin to San Antonio (1.5-hour drive) to listen to audio books Show Notes provided by Mallard Creatives
The Top Entrepreneurs in Money, Marketing, Business and Life
David Barrett. He started programming at the early age of 6 and has been inspired to become an expense reporter ever since. He attended the University of Michigan where he worked in a virtual reality lab before moving to Texas to write a 3D graphic engine for the industry. Then, he moved to California to join a name that is probably familiar to many of you, Travis Kalanick, in building a peer-to-peer file transport technology called, Red Swoosh, which was acquired by Akamai in 2007. In 2008, David left that company to start Expensify—where he is today—and he’s trying to figure out the world’s frustrations, one expense report at a time. Famous Five: Favorite Book? – The Innovator’s Dilemma What CEO do you follow? – Travis Kalanick Favorite online tool? — G Suite How many hours of sleep do you get?— 6-8 If you could let your 20-year old self, know one thing, what would it be? – “I wish I had dropped out of college” Time Stamped Show Notes: 01:13 – Nathan introduces David to the show 02:36 – David was working on a debit/credit card idea and the banks weren’t happy with it 02:50 – Expensify is the corporate card for the masses 03:08 – David got into the space when there was so much room for disruption and pain points 03:40 – Travis’ first company is called Scour, which is an early file sharing network that got sued 04:06 – When David got into Red Swoosh, Travis was the only guy there 04:48 – David thinks that Travis is very articulate in communicating his vision 05:12 – David had equity from Red Swoosh 05:31 – Red Swoosh didn’t have a big exit 06:14 – Expensify charges $9 per active user per month 06:20 – Expensify is a mobile app—you take a picture of your receipts and the app will read all the details on the receipt, automatically 06:29 – The information will then be categorized, sent to your account, and you’ll get reimbursed the next day 07:10 – The company is only paying the active users 07:29 – Expensify’s price points are $5 and $9 07:40 – David started Expensify’s idea after Red Swoosh’s acquisition 07:56 – David left Akamai in 2008, then he worked on Expensify 08:00 – Expensify’s official launch is 2008 08:05 – Expensify’s team size is around 110 08:18 – Expensify has raised capital 08:27 – Expensify has raised a total of $25M 08:36 – Expensify has been a break even business for a long time 08:39 – “We grow primarily through revenue” 08:52 – The vast majority of Expensify’s growth is through self-finance 09:54 – The business itself is breaking even, but they’re always raising and experimenting on big experiments 10:31 – There are about 25K companies who use Expensify 11:03 – There are millions of individuals who use Expensify, too 11:32 – 10% of Expensify’s user base are paying customers 10:43 – 10% of 4.5M are paying customers 12:12 – “Churn is complicated” 12:33 – Expensify has a net negative revenue churn 13:05 – Expensify doesn’t advertise and they have 100% organic traffic 13:37 – Expensify had a few fundraising rounds 13:41 – In 2008, they had their first $1M round 13:43 – They did a few more in a couple of years 14:25 – David doesn’t talk with investors and hasn’t talked with them in years 15:27 – Expensify is something totally different from Salesforce 15:53 – Expensify doesn’t have salespeople 16:16 – Expensify’s primary revenue generator is their support team who follow up on deployments 16:43 – Pricing has been difficult and Expensify is still working on it 16:53 – Expensify was originally free and customers didn’t understand why 17:18 – David thought they needed a reasonable price point 17:31 – After choosing a price point, people became more comfortable and trusting 17:51 – Expensify’s competitors followed their pricing 18:37 – Expensify’s focus is on mastering the dynamics 19:06 – David thinks that, realistically, their pricing should be much higher 19:34 – David is planning on increasing their pricing 19:52 – “Because we don’t need the money, we’re focused on something else” 19:58 – “Maintaining an incredibly low price right now for the industry actually helps keep the competition out” 20:29 – People find Expensify through word-of-mouth 20:51 – “All of our emphasis is on building a product in a brand that generates an incredibly strong word-of-mouth” 21:34 – 99% of Expensify’s traffic is people searching for us 21:40 – The Famous Five 3 Key Points: Adding a paid option to your product can actually make your customers more confident in your product. Word-of-mouth is one of the best and cheapest ways to grow your traffic and client base, but your business has to be valuable for people. A college degree is NOT the only road to success. Resources Mentioned: The Top Inbox – The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens, and follow-up with email sequences Organifi – The juice was Nathan’s life saver during his trip in Southeast Asia Klipfolio – Track your business performance across all departments for FREE Acuity Scheduling – Nathan uses Acuity to schedule his podcast interviews and appointments Host Gator– The site Nathan uses to buy his domain names and hosting for the cheapest price possible Audible– Nathan uses Audible when he’s driving from Austin to San Antonio (1.5-hour drive) to listen to audio books Freshbooks – Nathan doesn’t waste time so he uses Freshbooks to send out invoices and collect his money. Get your free month NOW Show Notes provided by Mallard Creatives
Mark Jeffrey Bio Mark Jeffrey is a serial entrepreneur and author. He has co-founded five internet companies (three exits) and published eight books, including the Max Quick series (Harper Collins). Three times, he has conceptualized and built consumer products that generated millions of registered users in the first year. Most recently, Mark founded Guardian Circle, an app that lets friends, family and neighbors protect one other (Guardiancircle.com). His previous companies include The Palace (backed by Time Warner, Intel and SoftBank; sold to Communities.com in 1998 with 10 million users), ZeroDegrees (a business social network sold to InterActiveCorp / IAC in 2004 with 1 million users) and ThisWeekIn (co-founded with Kevin Pollak and Jason Calacanis). He was the founding CTO of Mahalo / Inside.com (backed by Elon Musk, Sequoia, Mark Cuban and others). Mark also consulted for several years directly for Travis Kalanick, now CEO of Uber, on his first company Red Swoosh. Mark's first book, MAX QUICK: THE POCKET AND THE PENDANT, was published in hardcover by HarperCollins in May, 2011. It was initially podcast as a series of episodic mp3's and received over 2.5 million downloads. Mark Jeffrey holds a BS in Computer Science from the University of New Hampshire. He is a TEDx speaker and was a featured speaker at the very first Harvard Conference on the Internet and Society. On Twitter, he is @markjeffrey.
The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch
Keith Teare is the Founder of Palo Alto incubator, Archimedes Labs whose incubated startups include the likes of M.Dot (acquired by GoDaddy), TechCrunch (acquired by AOL) and Ivan Kalanick's Red Swoosh. Keith is also the Co-Founder of TechCrunch alongside Michael Arrington. Prior to TechCrunch Keith founded RealNames Corporation raising more than £130m of venture funding before filing for an IPO with an implied valuation of £1.5bn. Items Mentioned in Today's Show: Michael Arrington The Lean Startup by Eric Ries Chat Center: Universal Chat for Everyone on the Planet DownTown App: Your Personal Waiter Weendy: Sunshine App What you will learn in todays show: How did Keith get into the tech world at a time when technology was not mainstream? A venture of Keith's, Cyberia was heavily used by women. Does Keith believe that there have been improvements in balancing the gender gap? What Keith believes can be done to reduce the gender inequality that persists throughout the tech sector? How did Keith's Co-Founding of TechCrunch with Michael Arrington come about? Why did Keith try and persuade Michael not to create TechCrunch? What are the benefits of bootstrapping your startup and not raising venture funding? Why Keith was never able to raise venture funding in the UK? How is the valley different from creating a company in the UK? Keith's beliefs on the barbell venture capital ecosystem that persists in the US? We then finish today's episode with a quick fire round where we hear the best advice Keith has ever been given, the highlight of his career so far and the 3 companies that he is most excited about and why?