The VentureFizz Podcast

Episode 385 of The VentureFizz Podcast features Julia Austin - Board Member, Executive Coach, HBS Senior Lecturer, Operator, Angel Investor, and now - Author. Another repeat original guest! Julia was a guest for Episode 30 of The VentureFizz Podcast back in 2018 where we do a deep dive into her background plus cover lots of interesting topics like what it takes to become a great Product Manager and others. In this interview, we catch up to discuss her new role as an author and the details about her new book called After The Idea - What It Really Takes to Create and Scale a Startup: https://www.hachettebookgroup.com/titles/julia-austin/after-the-idea/9781541705296 https://www.amazon.com/After-Idea-Really-Create-Startup/dp/1541705270 Julia is a seasoned operator who has served in leadership roles at several scaled technology companies like Akamai, VMware, and DigitalOcean. She has also advised hundreds of founders and startups. In this new book, which I believe will become a new staple in the entrepreneurial startup circles, she helps entrepreneurs navigate the complexities and challenges of building a startup like important matters around product, people, operations, and more. What I also appreciate the most about this book is the fact that it is very comprehensive, yet easy to understand and implement. In this episode of our podcast, we cover lots of great topics like: * A quick run through Julia’s background - check out Episode 30 for the deeper dive. * How Julia became a member of the faculty at Harvard Business School and the impact of The Startup Operations course that she created. * The inside look at what it’s like to write a book. * How proper discovery can help avoid false positives. * Why entrepreneurs don’t always need a co-founder. * The importance of ABR - that being Always Be Recruiting - for founders. * The difference between Founders & Joiners * Comparing the Boston and NYC startup ecosystems. * And so much more.

Episode 384 of The VentureFizz Podcast features Thomas “TK” Kinsella, Co-Founder & Chief Customer Officer of Tines. The success of Tines is not based on luck. The company’s co-founders experienced a major problem that wasn’t being being solved by existing platforms and after talking to peers who were also dealing with the same problem, they decided to do something about it. But, it wasn’t just an idea that got them to where they are today. This team was uniquely qualified to build the next generation solution based on TK’s and his Co-Founder & CEO, Eoin Hinchy’s many years of experience in the cybersecurity industry, plus a history of working together for something like 15+ years at Deloitte, eBay, and DocuSign. Tines empowers teams to build, run, and monitor their most mission-critical and sophisticated workflows. The company recently announced a $125M round of funding at a $1.125B valuation and is co-headquartered in Dublin and Boston. In this episode of our podcast, we cover lots of great topics like: * A discussion about the cybersecurity industry and the platform shift to AI. * TK’s background story growing up in Dublin and some mutual geeking out on rugby. * Starting his career in cybersecurity at Deloitte where he met Eoin, plus lots of details about what they worked on at eBay and DocuSign. * Getting Tines started from the early days and all the details about the platform today. * Why they hired a top designer as one of the first employees in the company and the importance of making products that are easy to use. * Details on the latest round of funding and what’s next. * And so much more. Episode Sponsor: As a longtime champion of the local startup ecosystem, Silicon Valley Bank supports innovative companies with the solutions and financing they need through every stage of growth. With more than 1,500 bankers and relationship advisors, and $42B in loans as of Q2 2024 – SVB delivers the right people, service and resources to support your entire financial journey. Learn more at SVB.com.

Episode 383: Rob Biederman - Managing Partner, Asymmetric Capital Partners by VentureFizz

Episode 382 of The @Venturefizz Podcast features Abe Murray, General Partner at AlleyCorp. I recently had Matthias Hofmann, the Co-Founder & CEO of Eyebot on the podcast and when I was doing my research on the company, I realized that their recent investment from AlleyCorp was led by one of their partners who was located in the Boston area. It made me pause, as I didn’t realize that AlleyCorp had someone in the local Boston area. If you are not familiar with AlleyCorp, it is the venture fund started by Kevin Ryan who is a tech icon in NYC. Kevin led DoubleClick’s growth to an IPO and acquisition by Google. He’s also a co-founder of MongoDB, Business Insider, Zola, Gilt Groupe, and many others. AlleyCorp was backed as a family office by Kevin until last year when it became an institutional VC firm through the announcement of its $250M Fund I which includes outside LPs for the first time. Abe is leading AlleyCorp’s deep tech investments, so it just makes sense that he is based in the the Boston area, as there is such a high concentration of innovation and companies in the Northeast. In this episode of our podcast, we cover: * Abe’s background story which includes dropping out of high school to run fishing boats & factories in the family aquaculture business and the importance of growing up with a chip on your shoulder. * Starting his career at BAE Systems where he worked on Generative AI and advanced technologies for the defense industry. * Going to Harvard Business School and working on a startup called Doodbleboard, an online whiteboard. * Landing at Google, then later Alphabet, where he worked on various AI/ML initiatives, as well as the Android mobile team with Rich Miner. * Taking on the healthcare industry and leading the Boston office for Verily, an Alphabet company. * Getting into angel investing and how he landed at AlleyCorp. * All the details about AlleyCorp and the investments they are making across the firm, plus the specifics about what Abe is targeting. * The importance of storytelling and advice on how to get great at it. * And so much more. Eyebot interview: https://venturefizz.com/insights/episode-368-matthias-hofmann-co-founder-ceo-of-eyebot/

Episode 381 of The VentureFizz Podcast features Mike Massaro, CEO of Flywire, a global payments enablement and software company. This is the full lifecycle story of an idea to a pillar publicly traded tech company in the Boston tech scene and it has it all. An international founder who discovered a major problem while trying to pay his tuition at MIT, to Mike joining the company after its Series A, an evolving business model from consumer to B2B, navigating choppy near death experiences to scaling aggressively, then raising multiple rounds of venture funding to an IPO, and more! It really is an inspirational story for all entrepreneurs to hear, as it is never an easy up & to the right story. There is so much that goes into building a successful company and this one does not disappoint. Chapters 00:00 Intro 02:17 Learning to Lead & the Importance of Communication 04:51 Mike's Background & Getting Started in Tech at edocs 15:00 Carrier IQ 19:47 The early days of Flywire 19:52 Navigating the Go-to-Market Strategy 29:52 Moving into the Role as CEO of Flywire 31:55 Challenging Times 35:09 Scaling the Company & Playing Long Ball 39:17 Expanding into New Industries 41:47 The Impact of COVID-19 45:20 Flywire IPO 50:06 Looking Ahead: Growth and Innovation 51:42 Building a Strong Company Culture 57:12 The Importance of a Strong Board of Directors 59:50 Hiring for Leadership Roles 01:02:13 Apps, Books, & Fun Episode Sponsor: As a longtime champion of the local startup ecosystem, Silicon Valley Bank supports innovative companies with the solutions and financing they need through every stage of growth. With more than 1,500 bankers and relationship advisors, and $42B in loans as of Q2 2024 – SVB delivers the right people, service and resources to support your entire financial journey. Learn more at SVB.com.

Episode 380 of The VentureFizz Podcast features Eduardo Torrealba, CEO & Co-Founder of Lumafield. As part of my conversation with Eduardo, we talk about the importance of working on hard things. Yes, it’s hard to build things that seem impossible at the time but it is that level of difficulty that attracts the top talent across engineering and other functional areas to join the company. And, it is that level of difficulty that once you establish product market fit, it can been highly defensible and really difficult to copy. And, it is that level of difficulty that attracts the best investors to fund a company with the hopes that it can be an industry defining company, especially when there is hardware involved. Take Lumafield, a pioneering developer of accessible X-ray CT technology, recently announced a $35M Series B round of funding led by Spark Capital, along with previous investors Lux Capital, Kleiner Perkins, DCVC, Future Shape and angel investors like Tony Fadell - yes that Tony Fadell, the inventor of the iPod and Founder of Nest. When you have an industry leader like Tony, who after seeing their product & vision and ended up committing to an investment into the company after a 30 minute meeting, you know you are on to something big, as he understood the problem first hand based on his experience. In the video version of our podcast, there is a brief video showing Lumafield’s platform in action, as you need to see it to truly appreciate the complexity yet the obvious use case it has when building physical products. In the show notes, I have also included a fun video from Lumafield with Tony where they take a look at the evolution of the iPod by looking at the inside of different generations. https://www.youtube.com/watch?v=EC6BQPowf7w In this episode of our podcast, we cover: * Eduardo’s background story and his initial journey into entrepreneurship with an IoT soil moisture sensor company called Oso Technologies. * Joining Formlabs and what he worked on in the earlier days of the company and what he learned during the company’s growth to a billion dollar valuation. * The full story of Lumafield in terms of how the team came together and the problem they are solving. * The fundraising process and the current state of the company, plus future plans ahead. * Lessons learned from building companies and raising capital. * The importance of a strong company pitch. * And so much more Episode Sponsor: As a longtime champion of the local startup ecosystem, Silicon Valley Bank supports innovative companies with the solutions and financing they need through every stage of growth. With more than 1,500 bankers and relationship advisors, and $42B in loans as of Q2 2024 – SVB delivers the right people, service and resources to support your entire financial journey. Learn more at SVB.com.

Episode 379 of The VentureFizz Podcast features Graham Brown, Managing Partner at Lerer Hippeau. It seems like just yesterday when I first interviewed Graham seven years ago back for Episode 32 (https://soundcloud.com/venturefizz/episode-32-graham-brown-partner-at-lerer-hippeau) when Lerer Hippeau was announcing its sixth fund. This puts Graham in elite company as one of the very few people who have made a repeat appearance on The VentureFizz Podcast – which I’m sure is an incredible honor for Graham to achieve… just kidding obviously. But in all seriousness… in that first interview, we discussed Graham’s background (he’s actually a fellow native of New Hampshire) and the early innings of his career, so in this interview, we were able to get much deeper into other topics around startups and fundraising. As you might know, Lerer Hippeau is one of the top early stage VC firms in the country and they recently announced another new fund, that one being LH Fund IX, a $200M fund which is exclusively focused on early stage companies. In this episode of our podcast, we cover: * How to land a job in venture capital. * How our original interview discussed AI seven years ago and what Graham is excited about in terms of this platform shift. * The renewed interest in energy startups and the innovation in this sector. * What he’s looking for out of a first meeting with an entrepreneur & the process of getting funded. * PLG versus founder led sales and advice on avoiding entrepreneurial envy. * The latest on the NYC tech ecosystem. * And so much more Episode Sponsor: As a longtime champion of the local startup ecosystem, Silicon Valley Bank supports innovative companies with the solutions and financing they need through every stage of growth. With more than 1,500 bankers and relationship advisors, and $42B in loans as of Q2 2024 – SVB delivers the right people, service and resources to support your entire financial journey. Learn more at SVB.com.

Episode 378 of The VentureFizz Podcast features two of the Co-Founders of Copley - David Henriquez, CEO and Sean Marshall, Chief Operating Officer. It is just a necessity for any thriving tech ecosystem. You need companies that scale and people from those companies take their learnings and go off to start their own company. HubSpot has been a big feeder of alumni who have gone off to start companies and you are starting to see the next wave with founders coming from Toast and now Klaviyo. What’s even better is when you see the founders of these anchor tech companies fund the next generation of entrepreneurs. David & Sean were part of the hypergrowth scale up years at Klaviyo that ultimately led to a pillar public tech company in the Boston tech area. David held a variety of engineering & sales engineering roles, whereas Sean led global sales. Now, they are building a new company with a third Co-Founder & CTO, Mike Torra called Copley. It is an AI-Powered Content Optimization Platform that allows marketers to quickly create, test & deploy content everywhere. Copley recently announced a $4.8M pre-seed round of funding led by Asymmetric and Underscore. And yes, the founders of Klaviyo - Andrew Bialecki and Ed Hallen are investors… plus Tom Ebling & Jeffrey Barnett of Demandware which was acquired by Salesforce. In this episode of our podcast, we cover: * Startup fundraising advice for first-time founders and the importance of building long term relationships with investors. * The background stories for both David and Sean. * The explosive growth years at Klaviyo. * The full story of Copley in terms of the problem they are solving and their unique approach to finding early adopter customers. * GTM advice for early stage startups and the importance of storytelling. * And so much more. Episode Sponsor: As a longtime champion of the local startup ecosystem, Silicon Valley Bank supports innovative companies with the solutions and financing they need through every stage of growth. With more than 1,500 bankers and relationship advisors, and $42B in loans as of Q2 2024 – SVB delivers the right people, service and resources to support your entire financial journey. Learn more at SVB.com.

Episode #377 of The VentureFizz Podcast is Victor D. Lombard (aka DIVINE), CEO & Co-Founder of Notes. As the host of this podcast, I have the honor of being able to help tell the story of so many founders and investors and each story is unique. But this one is a whole new level. DIVINE’s full story is probably the most unique entrepreneurial story that has been told on our podcast.  From the streets of NYC to incarceration to master networker to fintech entrepreneur, this story has it all… including how one of Silicon Valley’s top venture capitalists, that being Ben Horowitz helped change his life and built a friendship, plus his rap song that was the intro for the A16Z podcast. Oh… and it just so happens that the co-founder of his latest startup called Notes is Rakim. Yes, that same Rakim from the 80’s hip-hop duo of Eric B & RAKIM… with legendary songs like Don’t Sweat the Technique and Paid in Full… which is why you are hearing their song Let The Rhythm Hit ‘Em for this podcast intro and outro. Notes is a fintech and AI-powered platform empowering independent urban music artists and creators with access to capital, financial literacy, entrepreneurship and music business education, and more, for financial independence, and career growth and sustainability.  The company is in pre-launch. We cover a lot of ground in this podcast including: * DIVINE's full background story * His journey into the tech industry including working with Greg Selkoe at Karmaloop * How he connected with Ben Horowitz * The details of his own career as a rap artist * The journey into entrepreneurship * All the details on Notes * And more!