Podcast appearances and mentions of sunil paul

In this episode, we welcome Sunil Paul, a pioneer in ride-sharing and a significant figure in sustainable transportation. Paul, who started Sidecar and influenced the early stages of Getaround, dives into his newest venture, Spring Free EV. With his extensive experience, including his early work as a NASA contractor and AOL's first internet product manager, Paul brings a rich history of innovation and policy analysis. Join us as Sunil Paul shares his journey from a technology policy analyst in Washington D.C. to becoming a cornerstone in the evolution of ride-sharing and electric vehicles. The discussion unpacks the origins and future of Spring Free EV, emphasizing its role in transitioning fleet vehicles from gas to electric through innovative financing models. Paul elaborates on the challenges and potential of electric vehicles in solving the climate crisis, reflecting on how electrification can aid in managing renewable energy sources like solar and wind due to battery storage capabilities. About VSC Ventures: VSC Ventures is an early-stage venture capital fund led by Jay Kapoor and Vijay Chattha where we invest in early-stage startups and support our founders with hands-on PR, storytelling, and go-to-market work with help from our award-winning PR agency VSC. Our fund has invested alongside Lowercarbon, NEA, Uncork Capital, Left Lane, Alley Corp, Obvious Ventures, Third Sphere, and other leading early-stage funds. Through our weekly conversations on our show CLIMB by VSC, we're excited to share our work with innovative companies like Paintjet, Glacier, Concrete.AI, Presso, ⁠⁠Ample⁠⁠, ⁠⁠Actual⁠⁠, ⁠⁠Sesame Solar⁠⁠, ⁠⁠Synop⁠⁠, ⁠and Vibrant Planet⁠⁠ in addition to highlighting companies and leading voices across the early stage ecosystem.

Mark Pincus was at the forefront of mobile technology when it was just being born. He is a recovering venture capitalist who co-founded his first company with Sunil Paul in 1995. FreeLoader was at the forefront of giving people the news through push technology, just as the IETF was in the process of ratifying HTTP2. He sold that for $38 million only to watch it get destroyed. But he did invest in a startup that one of the interns founded when he gave Sean Parker $100,000 to help found Napster.  Pincus then started Support.com, which went public in 2000. Then Tribe.net, which Cisco acquired. As a former user, it was fun while it lasted. Along the way, Pincus teamed up with Reid Hoffman, former PayPal executive and founder of LinkedIn and bought the Six Degrees patent that basically covered all social networking. Along the way, he invested in Friendster, Buddy Media, Brightmail, JD.com, Facebook, Snapchat, and Twitter.  Investing in all those social media properties gave him a pretty good insight into what trends were on the way. Web 2.0 was on the rise and social networks were spreading fast. As they spread, each attempted to become a platform by opening APIs for third-party developers. This led to an opening to create a new company that could build software that sat on top of these social media companies. Meanwhile, the gaming industry was in a transition from desktop and console games to hyper-casual games that are played on mobile devices. So Pincus recruited conspirators to start yet another company and with Michael Luxton, Andrew Trader, Eric Schiermeyer, Steve Schoettler, and Justin Waldron, Zinga was born in 2007. Actually Zinga is the dog. The company Zynga was born in 2007. Facebook was only three years old at the time, but was already at 14 million users to start 2007. That's when they opened up APIs for integration with third party products through FBML, or Facebook Markup Language. They would have 100 million within a year. Given his track record selling companies and picking winners, Zynga easily raised $29 million to start what amounts to a social game studio. They make games that people access through social networks. Luxton, Schiermeyer, and Waldron created the first game, Zynga Poker in 2007. It was a simple enough Texas hold 'em poker game but rose to include tens of millions of players at its height, raking in millions in revenue.  They'd proven the thesis. Social networks, especially Facebook, were growing.. The iPhone came out in 2007. That only hardened their resolve. They sold poker chips in 2008. Then came FarmVille. FarmVille was launched in 2009 and an instant hit. The game went viral and had a million daily users in a week. It was originally written in flash and later ported to iPhones and other mobile platforms. It's now been installed over 700 million times and ran until 2020, when Flash support was dropped by Facebook. FarmVille was free-to-play and simple. It had elements of a 4x game like Civilization, but was co-op, meaning players didn't exterminate one another but instead earned points and thus rankings. In fact, players could help speed up tasks for one another. Players began with a farm - an empty plot of land. They earned experience points by doing routine tasks. Things like growing crops, upgrading items, plowing more and more land. Players took their crops to the market and sold them for coins. Coins could also be bought. If a player didn't harvest their crops when they were mature, the crops would die. Thus, they had players coming back again and again. Push notifications helped remind people about the state of their farm. Or the news in FreeLoader-speak.   Some players became what we called dolphins, or players that spent about what they would on a usual game. Maybe $10 to $30. Others spent thousands, which we referred to as whales. They became the top game on Facebook and the top earner. They launched sequels as well, with FarmVille 2 and FarmVille 3.  They bought Challenge Games in 2010, which was founded by Andrew Busy to develop casual games a well. They bought 14 more companies. They grew to 750 employees. They opened offices in Bangalore, India and Ireland. They experimented with other platforms, like Microsoft's MSN gaming environment and Google TV. They released CastleVille. And they went public towards the end of 2011. It was a whirlwind ride, and just really getting started. They released cute FarmVille toys.  They also released Project Z, Mafia Wars, Hanging with Friends, Adventure World, and Hidden Chronicles. And along the way they became a considerable advertising customer for Facebook, with ads showing up for Mafia Wars and Project Z constantly. Not only that, but their ads flooded other mobile ad networks, as The Sims Social and other games caught on and stole eyeballs. And players were rewarded for spamming the walls of other players, which helped to increase the viral nature of the early Facebook games. Pincus and the team built a successful, vibrant company. They brought in Jeff Karp and launched Pioneer Trail. Then another smash hit, Words with Friends. They bought Newtoy for $53.3 million to get it, after Paul and David Bettner who wrote a game called Chess with Friends a few years earlier. But revenues dropped as the Facebook ride they'd been on began to transition from people gaming in a web browser to mobile devices. All this growth and the company was ready for the next phase. In 2013, Zynga hired Donald Mattrick to be the CEO and Pincus moved to the role of Chief Product Officer. The brought in Alex Garden, the General Manager for Xbox Music , Video, and Reading, who had founded the Homeward creator Relic Entertainment back in the 1990s. The new management didn't fix the decline. The old games continued to lose market share and Pincus came back to run the company as CEO and cut the staff by 18 percent. In 2015 they brought in Frank Gibeau to the board and by 2016 moved him to  CEO of the company. One challenge with the move to mobile was who got the processing payments. Microtransactions had gone through Facebook for years. They moved to Stripe in 2020. They acquired Gram Games, to get Merge Dragons! They bought Small Giant Games to get Empires & Puzzles. They bought Peak Games to get Toon Blast and Toy Blast. They picked up Rollic to get a boatload of actions and puzzle games. They bought Golf Rival by acquiring StarLark. And as of the time of this writing they have nearly 200 million players actively logging into their games. There are a few things to take from the story of Zynga. One is that a free game doesn't put $2.8 billion in revenues on the board, which is what they made in 2021. Advertising amounts for just north of a half billion, but the rest comes from in app purchases. The next is that the transition from owner-operators is hard. Pincus and the founding team had a great vision. They executed and were rewarded by taking the company to a gangbuster IPO. The market changed and it took a couple of pivots to get there. That led to a couple of management shakeups and a transition to more of a portfolio mindset with the fleet of games they own. Another lesson is that larger development organizations don't necessarily get more done. That's why Zynga has had to acquire companies to get hits since around the time that they bought Words with Friends.  Finally, when a company goes public the team gets distracted. Not only is going through an IPO expensive and the ensuing financial reporting requirements a hassle to deal with, but it's distracting. Employees look at stock prices during the day. Higher ranking employees have to hire a team of accountants to shuffle their money around in order to take advantage of tax loopholes. Growth leads to political infighting and power grabbing. There are also regulatory requirements with how we manage our code and technology that slow down innovation. But it all makes us better run and a safer partner eventually. All companies go through this. Those who navigate towards a steady state fastest have the best chance of surviving one more lesson: when the first movers prove a monetization thesis the ocean will get red fast. Zynga became the top mobile development company again after weathering the storm and making a few solid acquisitions. But as Bill Gates pointed out in the 1980s, gaming is a fickle business. So Zynga agreed to be acquired for $12.7 billion in 2022 by Take-Two Interactive, who now owns the Civilization, Grand Theft Auto, Borderlands, WWE, Red Dead, Max Payne, NBA 2K, PGA 2K, Bioshock, Duke Nukem, Rainbow Six: Rogue Spear, Battleship, Centipede, and the list goes on and on. They've been running a portfolio for a long time. Pincus took away nearly $200 million in the deal and about $350 million in Take-Two equity. Ads and loot boxes can be big business. Meanwhile, Pincus and Hoffman from LinkedIn work well together, apparently. They built Reinvent Capital, an investment firm that shows that venture capital has quite a high recidivism rate. They had a number of successful investments and SPACs.  Zynga was much more. They exploited Facebook to shoot up to hundreds of millions in revenue. That was revenue Facebook then decided they should have a piece of in 2011, which cut those Zynga revenues in half over time. This is an important lesson any time a huge percentage of revenue is dependent on another party who can change the game (no pun intended) at any time. Diversify. 

Sunil Paul is a serial entrepreneur and tech veteran with a background in electrical engineering, and brings more than 30 years of experience in tech and innovation to the global climate stage. He is the current co-founder and CEO of Spring Free EV, a startup that aims to electrify fleets across the country, with a goal of reducing CO2 emissions by one gigaton by the year 2030.

The Sunday Times' tech correspondent Danny Fortson brings on Sunil Paul to talk about how the “orange day” inspired him to start Spring Free (4:00), pioneering car-sharing and ride-sharing (9:50), why his company Sidecar didn't work (14:35), the idea behind Spring Free (17:35), the Airbnb of electric vehicles (21:50), finding enough cars (27:40), getting billionaires to back him (32:10), applying the lessons form ride-sharing (33:00), building Spring Free as a consumer fintech brand (38:40), comparing the climate opportunity to the dawn of the web and his early days at AOL (40:00), and his worst day (47:25). See acast.com/privacy for privacy and opt-out information.

Sunil Paul is the cofounder and CEO of Spring Free EV which is a financial technology company built to accelerate the adoption of electric vehicles through innovative fintech products. Prior to this he cofounded Brightmail Inc. which he sold for $370 million as well as Freeloader which he sold for $38 million five months after launching the business.

Plus, we chat about Sidecar founder Sunil Paul's new zero-emissions fleet venture, Spring Free EV.

RSVP for Found Live. Don't miss your chance to listen to episodes found early and interact with Darrell, Jordan, and their guests. On February 17th at 10am PT/ 1pm ET, Thor Fridriksson will be talking about his experience launching two viral games and founding his new company Rocky Road. When serial founder turned venture capitalist Sunil Paul decided to step back into startups, it was only after trying to give the idea behind his fintech company Spring Free EV away for over a decade. The idea is simple, bring down the initial cost of electric vehicles by charging owners a fee per mile. And after the wildfires in California lead to what he called the "orange sky day" he knew he had to figure out a way to do more to address the climate crisis by making EVs more accessible to the people who drive the most in the US. He joins Darrell and Jordan to talk about the end of the world, recruiting as a climate-focused fintech, fundraising, and of course Canada came up a few times too. Take our listener survey and let us know a bit about yourself and what you think of FOUND.Links from the episode:Spring Free EVConnect with us:On TwitterOn InstagramVia email: found@techcrunch.comCall us and leave a voicemail at (510) 936-1618  

Today’s guest made it his mission to reduce online misinformation & abusive content from the internet. Dhruv Ghulati is Founder and CEO of Factmata, a London-based tech startup who uses unique algorithms to score and classify content. Since 2017 he has raised 3.5 million from the likes of Mark Cuban, owner of the NBA’s Dallas Mavericks, but also from the Founders of Zynga, Brightmail, Twitter, and Craigslist, to name a few. He’s building an AI to bring more truth to the world. Dhruv has a truly outstanding experience. We talk about how he went from investment banking to launching his own company, traction, fund raising, and we cover some of the mistakes he made along the way. We talk about:Factmata’s Unique Selling PropositionDhurv’s path from investment banking to founding AI-powered startupHow Dhruv balanced impact and profitabilityFactmata’s incredibly effective customer acquisition strategySome early mistakes Dhruv made with go-to-market strategyDhruv’s advice on fundraising and the story about how he bring investors like Mark Cuban, Mark Pincus, Founder of Zynga, Sunil Paul, Founder of Brightmail, Biz Stone, Co-founder of Twitter, Craig Newmark, Founder of CraigslistHow Factmata approached challenges such as algorithmic biasesDhruv’s top mistakes as a first-time tech startup founderHis ideal employee profileFor detailed show notes and relevant links, visit www.stunandawe.com If you want to accelerate traction, hit the growth stage, and upgrade your skills, check out our Growth Leap online course. It’s a step-by-step guide to design your tech startup for high performance and impact. It’s packed with actionable and proven frameworks and tools to improve your startups performance, from better customer acquisition to clear prioritization and more productive meetings.Learn more here: https://growth.stunandawe.com/course

Today's guest is Jigar Shah, President & Co-Founder at Generate Capital.Jigar was the founder and CEO of SunEdison (NASDAQ: SUNE, TERP), where he pioneered “no money down solar” and unlocked a multi-billion-dollar solar market, creating the largest solar services company worldwide. He is the author of Creating Climate Wealth: Unlocking the Impact Economy. After SunEdison, Jigar served as the founding CEO of the Carbon War Room, a global non-profit founded by Sir Richard Branson and Virgin Unite to help entrepreneurs address climate change. Generate Capital, the Carbon War Room and SunEdison all follow from Jigar’s vision that business model innovation will unlock the largest wealth creation opportunity – resource efficiency. Jigar is committed to helping entrepreneurs and large companies alike implement resource efficiency solutions using “pay as you save” project finance models. Jigar holds an MBA from The University of Maryland and BS in Mechanical Engineering from the University of Illinois, Champaign-Urbana. He sits on the boards of sPower and the Rocky Mountain Institute. Jigar lives in New York City and is trying to find the perfect cocktail.In today’s episode, we cover:Overview of Generate Capital'Generate’s business model and approachIndustries and solution types they are interested inExample projectJigar’s backround and experiences leading up to GenerateHow Generate measures success beyond returnsHow Jigar thinks about the nature of the climate problemThe role of the new blood coming into the spaceCapital types and capital gapsCapitalism, GDP growth, and climate changeWhere economists get it wrongHow optimistic is Jigar for the future?The most effective ways to address this issueHow Jigar would allocate $100B to maximize its impact on the problemHow you and I can helpLinks to topics discussed in this episode:Generate Capital: https://generatecapital.com/McKinsey’s resource revolution paper: https://www.mckinsey.com/business-functions/sustainability/our-insights/resource-revolutionScott Jacobs: https://www.linkedin.com/in/jacobsscott/Matan Friedman: https://www.linkedin.com/in/matanfriedman/WeDriveU: https://www.wedriveu.com/SunEdison: http://www.sunedison.com/NEXTracker: https://www.nextracker.com/Greenpeace: https://www.greenpeace.org/usa/Breakthrough Energy Ventures: https://www.b-t.energy/ventures/Carbon War Room: https://rmi.org/carbon-war-room/Sunil Paul: https://www.linkedin.com/in/sunilpaul/International Energy Agency: https://www.iea.org/Craig Venter: https://www.jcvi.org/about/jventerYou can find me on twitter @jjacobs22 or @mcjpod and email at info@myclimatejourney.co, where I encourage you to share your feedback on episodes and suggestions for future topics or guests.Enjoy the show!

Sidecar co-founder Sunil Paul talks with Recode's Kara Swisher about his popular guest column for Recode, “The scooter wars will be a bloodbath, and Uber will win.” He elaborates on why that is and shares his thoughts about the broader transportation industry, including self-driving cars, bike-sharing and vertical lift and take-off vehicles like Larry Page’s Kitty Hawk “flying car.” Now primarily an investor, Paul also talks about why Sidecar couldn’t compete with Uber and Lyft — even though it created ride-hailing features that are now popular parts of their products. Learn more about your ad choices. Visit megaphone.fm/adchoices

Factmata is a London-based tech startup that uses artificial intelligence to help social media companies, publishers and advertising networks weed out fake news, hate speech, propaganda, and clickbait. Essentially, Factmata is on a mission to protect people, advertisers, publishers and other businesses from deceptive or misleading content online. The tech startup believes in the importance of objectivity, quality, and facts. They are combining cutting-edge AI with human community and ingenuity to build a better media ecosystem. It's not about replacing humans with unaccountable machines in a black box in the name of progress. The team at Factmata believe artificial intelligence should serve people, and be accountable to them. Tech entrepreneur Mark Cuban, Twitter co-founder Biz Stone, internet entrepreneur Sunil Paul and, Craigslist founder Craig Newmark have all invested in Factmata, so I wanted to find out more. I invited CRO, Anant Joshi onto the show to share the inspirational tech startup story behind Factmata.  

Sunil Paul co-founded Sidecar in 2011 on a novel premise—that technology could allow anyone to become a driver and accept money for that ride. According to Paul, Sidecar, which was purchased by General Motors in early 2016, pioneered the term “ride sharing”. Paul, who views IT as a “solvent for transaction costs”, discussed his early battles regulating ride sharing in California. “In the beginning, you’re operating in a gray area,” Paul said, “but it’s more or less inevitable that there’s going to be some level of regulation.” Paul supports regulation on the state level, because he sees municipal regulation as too scattered and disparate. He encourages policymakers to look out for the public interest, and believes that promoting innovation is part of that public interest. Paul laid out three potential pathways for disruptive companies facing resistance from incumbent companies or industries: 1) Start so small and silly that you’ll be ignored, 2) Co-opt the interests of the incumbent, and 3) Challenge the incumbent head-on. Sometimes, Paul says, there’s no substitute for saying that you’re the better way.

Sunil Paul took his first ride in an autonomous vehicle (AV) in 2009—at least a decade before most of will have the opportunity. That ride inspired to think about the future of transportation. Just two years later, in 2011, Sunil co-founded Sidecar, where he also served as CEO. Sidecar invented the modern ride-sharing model, operated...