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The Come Up

Author: RockWater, Chris Erwin

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Interviews with entrepreneurs and executives who are shaking things up and building exciting new companies. In industries like new Hollywood, podcasting, ecommerce, and the metaverse. Entertaining you with stories you won't hear anywhere else, from the next generation of leaders that are going to change the world.

Brought to you by Chris Erwin, the founder of RockWater and 15-year veteran operator, seller, and investor of media, commerce, and technology companies.
29 Episodes
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This interview features Taehoon (TK) Kim, Co-Founder and CEO of nWay. We discuss going to arcades with his mom in South Korea, why he wasn't allowed to play console games as a kid in Canada, what he learned from Samsung's work culture, why it's hard for VCs to invest in gaming, finding passion at the intersection of technology and art, the best type of IP for game partnerships, how he ended up selling nWay to Animoca Brands, and how player ownership in games creates attachment and meaning, and prevents gamer exploitation.Subscribe to our newsletter. We explore the intersection of media, technology, and commerce: sign-up linkLearn more about our market research and executive advisory: RockWater websiteFollow us on LinkedIn: RockWater LinkedInEmail us: tcupod@wearerockwater.comInterview TranscriptThe interview was lightly edited for clarity.Chris Erwin:Hi, I'm Chris Erwin. Welcome to The Come Up, a podcast that interviews entrepreneurs and leaders.Taehoon Kim:So I was really upset when Lightspeed thing fell through. I went out drinking with my friends and I got hammered that night. I had another VC pitch the next morning. I was so hungover that during the presentation I threw up three times. During the pitch, I would say, "Excuse me, I'd run to the bathroom." I would throw up, come back, continue the pitch. And I did that three times., And I did the presentation 9:00 AM I came home and I was, "Oh, my God, I totally screwed that up." I fell asleep. I woke up at 4:00 PM, got a call at 5:00 PM saying that he was in. Usually it doesn't happen that way, but it was a really weird period of time in my life.Chris Erwin:This week's episode features TK Kim, CEO of nWay and a serial gaming entrepreneur. So TK was born in Seoul, South Korea to a mom who was a gamer and a lover of arcades. After studying at Cornell, TK started his career at Samsung, where he helped launch their smartphone and next gen mobile gaming businesses. TK then went on to co-found three gaming companies, and raised over $90 million in venture capital. Today he's the CEO of nWay, which is a developer, publisher, and tech platform for competitive multiplayer games across mobile, PC, and consoles. nWay was sold to Animoca in 2020.Some highlights of our chat include why he wasn't allowed to play console games as a kid in Canada, why it's hard for VCs to invest in gaming, finding passion at the intersection of technology and art, why he doesn't mind getting rejected by investors, the best type of IP for game partnerships, and how player ownership in games creates attachment and meaning and prevents gamer exploitation. All right, let's get to it.TK, thanks for being on The Come Up podcast.Taehoon Kim:Hey, thanks for having me. Super excited to be here.Chris Erwin:We have a pretty amazing story to tell about your career, but as always, we're going to rewind a bit and kind of go to the origin story. So it'd be awesome to hear about where you grew up and what your parents and what your household was like.Taehoon Kim:I was born in Seoul, Korea, and then I moved to Vancouver, Canada when I was in fourth grade. I think I was 10 or 11. At the time, growing up in Seoul, a little bit more strict environment. One funny thing is that my mom was a gamer and she would take me to the arcade, I think when I was super young, five or six years old. That's when I got really into gaming and how fun could that could be. But when I moved to Canada, however, she didn't really let me have any consoles, when that switch from the arcade era to the console era happened.I think she was a little bit influenced from the Asian culture and didn't want me to be getting too loose on academics. But when I got the computer, that's when I started really getting back to gaming. She didn't know I was playing games, but I was really into that. And then when Doom came out, that's when I really also started getting into online gaming, which is a big part of the reason why I'm so into PVP and competitive gaming.Chris Erwin:So your mom was a gamer and she would take you to the arcades in Seoul. What were the types of games that you guys liked to play together? And was this just something special that you and your mom did? Or was it a whole family outing that you did with your mom and dad and your siblings?Taehoon Kim:My dad didn't really like games, so it was just me and my mom. And she was really into Galaga and getting on the top of the leaderboard there. Oftentimes, I would watch her play and I would also try, but I wasn't as good as her. So I mean, I would mostly try to beat a record, but I couldn't. That's how I got into it early on.Chris Erwin:Did you also go to the arcade with a lot of your peers growing up when you were in Korea? And did any of your peers parents play? Or was it kind of like, I have the cool mom, she's into gaming, and we'd go do that on the weekends?Taehoon Kim:Oh, later on when I got older and I got in elementary school, yes, I definitely did go to the arcade with my friends. And then later on, in Seoul, arcades turned into PC bang. I'm not sure if you heard of it, but it's like the room full of PCs and it would play PC games there. I mean, I got in earlier than my friends, because of my mom.Chris Erwin:Remind me, what was the reason that you guys came to Vancouver from Korea?Taehoon Kim:I'm not a 100% sure if this is the real reason, but my parents would always tell me it's because I wasn't really fitting well with the type of education in Korea, where it was more, much more strict and less creative. They wanted us, me and my brother, to get a Western education. I think it turned out to be good for me, I guess.Chris Erwin:Do you remember when you were kind of joined the academic and the school system in Vancouver, I know it was at a young age, you were about 10 years old, you said, did you feel that that was like, "Hey, this is immediately different and I really like it and enjoy it"? Or was it nerve-wracking for you to make such a big change in your life to be uprooted at such a young age? What were you feeling at that time?Taehoon Kim:It was immediately different, lot less grinding. Even at third or fourth grade, back in Seoul, it was pretty tough. After school was over at 5:00 PM, I still had to go to all these after school programs until 9:00 PM or something like that. And I didn't do the homework afterwards and everybody was doing it. So there was a lot of peer pressure for parents to also put their kids to the same kind of rigorous program. And when I was in Vancouver, I didn't have to do any of that. So it felt more free and math was a lot easier.Chris Erwin:Math was a lot easier in Vancouver.Taehoon Kim:You know how crazy it is for Asian countries with math early on.Chris Erwin:So you're probably the top of your class. You were such a standout, and I bet at a young age that was pretty fun because it was easy to you too.Taehoon Kim:People thought I was super smart. I wasn't, it was just that I started earlier doing more hard stuff in math. It wasn't necessarily that was smarter. But again, on the other subject, because my English was suffering, I had to get a lot of help. So I would help them in math and they would help me with the other subjects.Chris Erwin:And you mentioned that in Western education there's also probably more emphasis on using the creative part of your brain as well, and balancing that out with the math or the quantitative side. What did that look like to you as you were going through middle school and high school before you went to college? Any specific applications or stories stand out?Taehoon Kim:Yeah, one thing that stood out to me was how a lot of the homeworks and assignments were project based and group based. Where teamwork mattered, and I would have to work with two or three other students to do a project, where we had a lot of freedom to create what we wanted. And the fact that there's no right answers. And it was really weird for me at the beginning, but I got used to it later on. But I think that's kind of a key difference. And at least at that time.Chris Erwin:During your teenage years and coming of age, before you go to Cornell, what was the gaming culture in Vancouver? And what was your role in it?Taehoon Kim:Early '90s when the console wars were happening with Nintendo and Sega, and there was a lot of cool things happening there, but I didn't get to really partake in that. My parents didn't allow me to have consoles. But same things were happening in the PC gaming, especially without modems and the early stage of internet happened. Me and my friends, we got started with Wolfenstein, which was mind blowing.Chris Erwin:Oh, I remember Wolfenstein, it was one of the earliest first person shooters on a PC.Taehoon Kim:It was mind blowing. It was the first game to really utilize 3D spaces in the way it did. But then the real game changer was Doom because you can... Even with the slow modem, I think it was an amazing feat, think about it now, with limited technology and networking, I could dial into, using my modem, and then connect with my friends, and I could play PVP. And that was when the gaming was the most fun for me, actually, playing with friends live. And I would play it late until night early in the morning, over and over again, the same map.Chris Erwin:I remember playing Wolfenstein at my friend's place, shout out, Adam Sachs. And then I also remember playing Doom, and I remember having the cheat codes where I can go into God mode.Taehoon Kim:Oh, right.Chris Erwin:And I was invincible and I could play with five different types of guns, including the rocket launcher. I can specifically remember from my youth some of the different levels. And sitting at my PC station kind of right next to my family's common room. Those are very fun memories. I don't think I was ever doing... I was never live playing with friends. Were you able to do that within the Doom platform? Or were you using a third party application on top of that?Taehoon
This interview features Zach Blume, Co-Founder and President of Portal A.  We discuss how he built a 360 monetization strategy for an early Internet video series, launching one of the first branded content studios with his childhood friends, creating one of the most well-known and longest-running digital formats in YouTube Rewind, how Portal A ended up selling a minority stake to Brett Montgomery's Wheelhouse, why feeling like outsiders is central to their identity, and what's up next for the Portal A team.Subscribe to our newsletter. We explore the intersection of media, technology, and commerce: sign-up linkLearn more about our market research and executive advisory: RockWater websiteFollow us on LinkedIn: RockWater LinkedInEmail us: tcupod@wearerockwater.comInterview TranscriptThe interview was lightly edited for clarity.Chris Erwin:Hi, I'm Chris Erwin. Welcome to the Come Up, a podcast that interviews entrepreneurs and leaders.Zach Blume:We built a business model around it that included merchandise, ad revenue share, ticketed events, and sponsorships. And so we actually ran that show at a profit, even though it was early internet video web series. And the idea was to build an entertainment property on the web that could become multi-season, could eventually travel to TV, which it did. It later became a TV series called White Collar Brawlers. It was super experimental, and I would say, looking back on a fairly innovative for three guys who had really no idea what we were doing and had no training in any of this, we built an entertainment property on the internet that was profitable.Chris Erwin:This week's episode featured Zach Blume, Co-Founder and President of Portal A. So Zach grew up in Berkeley and had a self-described normal suburban life of sports and friends. Zach then went to University of Oregon to study political science and pursued an early career running local political campaigns in California. But an opportune moment reunited Zach, with his two childhood friends to create one of the internet's earliest digital series White Collar Brawlers.After some unexpected success, the friend trio then became the founding team for Portal A, an award-winning digital and branded content company. Some highlights of our chat include his 360 monetization strategy for one of the earliest internet video brands, what it takes to co-found a successful company with your friends, how they landed a strategic investment from Wheelhouse, why feeling like an outsider is central to their identity, and how they're building towards the next massive creator opportunity. All right, let's get to it. Zach, thanks for being on the Come Up podcast.Zach Blume:It's a pleasure to be here.Chris Erwin:From our conversation yesterday, amazingly, I believe this is your first podcast interview ever. Is that right?Zach Blume:It's true. A lot of interviews over the years. Some predating the podcast era, some during the podcast era, but I'm honored to be invited onto yours. I've listened to a bunch of episodes, and we'll see how it goes.Chris Erwin:Awesome. All right, so as is typical, let's rewind a bit before we get into the whole Portal A story, although it actually starts pretty early on. So why don't you tell us about where you grew up and what your childhood was like?Zach Blume:Yeah, I grew up in Berkeley, California, the son of two die-hard New Yorkers who had moved out to California. My dad was born in the Bronx. My mom was from Manhattan. They were part of the New York exodus to California, and I was the first kid in my family who grew up in California and, of all places, Berkeley, childhood filled with lots of sports and playing in the street and all that good stuff. And the really interesting tie to the Portal A story, obviously, is that I met my two co-founders when we were somewhere between four and five years old. The stories differ, but we met in kindergarten, and we're close friends basically since we were little kids and played a lot of basketball together growing up. And the court that we played basketball in was called Portal A, which eventually became the name of our company 25 years later. The founder story of Portal A is very tied up in the childhood story of all for all three of us. I live in Oakland now, so I didn't stray too far from home.Chris Erwin:Got it. I remember in doing a little bit of research for this episode, I was trying to look up Portal A parks around the US, and I kept finding some in Orange County, so I thought you were an NorC kid, but No, you're a NorCal kid.Zach Blume:I mean, I think if there's an opposite of Orange County, it would probably be Berkeley.Chris Erwin:That's probably right.Zach Blume:But the court was actually an El Cerrito, which is an adjacent town to Berkeley, and it still exists. It's still around, and we should probably go play some hoops over there, but we haven't for years.Chris Erwin:Yeah, that'd be fun. So I have to ask, what did your parents do?Zach Blume:My dad has a business background. He runs and, up until actually six months ago, ran an investment advisory firm helping individuals manage their investments. It was a small company, five to six employees, just a great business, really community based, all about relationships and helping people manage their life and their money. And yeah, it's taught me a lot about business growing up, for sure.My mom was a therapist. She's retired now. She was a private practice in Berkeley. They've known each other since they were 20. They actually both went to the Wright Institute, which was a psychology graduate school in Berkeley. My dad was a psychologist briefly for about six months before he went back into business. And my mom was a therapist for 25 years. It was an interesting mix of business and psychology growing up, for sure.Chris Erwin:Got it. And were there any siblings?Zach Blume:No siblings? I'm the only one and-Chris Erwin:Oh, only child. Okay.Zach Blume:Yeah, interestingly, five of my closest friends, all groomsmen at my wedding, were from that same kindergarten class where I met Nate and Kai, my two co-founders. So there's definitely been a brotherly nature of those relationships. And at this point, I kind of consider Nate and Kai almost like brothers. We've known each other for 35 years, and we've been in business together for over 12 years, so it's pretty deep. Those relationships run pretty deep.Chris Erwin:Was there a part of you early on where you thought you might go into business and finance or become an investment manager like your father?Zach Blume:So there was also a lot of political kind of conversation and learning in my house. I remember from a very early age, my dad, when I was like eight, he would try to sit me down and read the Sunday Weekend Review in the New York Times. And it was like torture for me. But I think it got in there somewhere.In college, I actually studied political science and, for years, worked in the political world after I graduated from school. And I really thought that was my path, and it was for many years. I worked on campaigns. I started managing campaigns. I worked for political communication shop in San Francisco for years. I kind of burned out on the world of politics. I've since been re-engaged in a lot of different ways. But when I burned out on politics, that's when I thought I was going to go into business.I left the political world, was studying to go to business school, doing all the GMAT prep, and that's when Nate and Kai came to me and said, "We should make a web series together." Because I had a three-month gap, and it sounded so fun. We had made some stuff together just for fun earlier on. And so, while I was studying for the GMAT, I joined Nate and Kai to make this web series in the early days of internet video. And that's kind of the origin story of where we are today is that that web series, it was called White Collar Brawler. It was totally weird and crazy and awesome, and it started us on our journey to where we are today.Chris Erwin:Got it. So going back even a bit further, I'm just curious because you met your co-founders, Nate and Kai, back when you were in kindergarten, as you said, four to five years old, when you were in middle school, or when you in high school, were you guys part of the theater club? Were you creating any types of videos for your classes? There's something about meeting people early in your childhood, particularly in digital media, that I think blossoms into different relationships. So was there any kind of through line early on where you were interested in media entertainment before getting into PoliSci, which as part of your early career?Zach Blume:Yeah, I think there definitely was for Nate and Kai. There was less so for me. So Nate and Kai started making, maybe not in high school, but in their college years, they both went to school on the East Coast. This is like 2003, 2004, 2005. They started making internet, video, and web series when they were in college. And Kai was a film major, so he had some training, and they started just playing a lot of comedic stuff earliest day pre-YouTube, so quick time player-type stuff.So yeah, high school, I'm not so sure college for sure for them, at least it started building. And then, right after college, the three of us, plus another friend, grabbed a flight to Hanoi, bought motorcycles in Vietnam, and traveled across the country, and we made a web series called Huge In Asia.So it was like a 30-episode comedy travel web series, kind of just chronicling our journey across Vietnam. And then, they went on, I had to come back to the States for some work, but they went on to Mongolia, China, Laos, all sorts of different countries across Asia. That's where it really started for us the idea that you could not be in the formal, either entertainment industry or advertising industry. You could buy a pretty shitty camera, have an idea, start producing content and build an audience. And that was 2006. So the i
This interview features Camila Victoriano, Co-Founder and Head of Partnerships at Sonoro.  We discuss how fan fiction taught her to see nerds as heroes, being in the room when Dirty John was pitched to become a podcast, her crash course to figure out the business of podcasting, becoming a first time founder during COVID, why the Mexico audio market is like the US four years ago, Sonoro's growth to a global entertainment company, and why there are no limits to Latino stories.Subscribe to our newsletter. We explore the intersection of media, technology, and commerce: sign-up linkLearn more about our market research and executive advisory: RockWater websiteFollow us on LinkedIn: RockWater LinkedInEmail us: tcupod@wearerockwater.comInterview TranscriptThe interview was lightly edited for clarity.Chris Erwin:Hi, I'm Chris Erwin. Welcome to The Come Up, a podcast that interviews entrepreneurs and leaders.Camila Victoriano:So in 2017, we had a meeting with the editor in chief at the time, and he was like, let me sit you guys down and read you this out loud. And it was what would become Dirty John. That's when we realized there's something here that I think could be our first big swing in audio and in podcasting. And we got to talking and at that point we were like, I think we can do something here. And I think there's a story here to be told in audio. When it launched, it took us all by surprise with how well it did. Obviously we knew it was a good story, but I think you never know when something's going to be that much of a hit. Today, it probably has over 80 million downloads.Chris Erwin:This week's episode features Camila Victoriano, co-founder and head of partnerships at Sonoro. So Camila grew up in Miami as a self-described nerd with a passion for books and fan fiction. She then went to Harvard to study English, literature and history, which led to her early career, starting at the LA Times. While there, she became a founding member of their studios division and a “audio champion”. Then in 2020, she went on to co-found Sonoro, a global entertainment company focused on creating premium, culturally relevant content that starts in audio and comes alive in TV, film and beyond.Sonoro collaborates with leading and emerging Latinx storytellers from over a dozen countries to develop original franchises in English, Spanish, and Spanglish. Some highlights of our chat include how fan fiction taught her to see nerds as heroes being in the room when Dirty John was pitched to become a podcast, her crash course to figure out the business of podcasting, becoming a first time founder during COVID, why the Mexico audio market is like the US four years ago and why there are no limits to Latino stories. All right, let's get to it. Camila, thanks for being on the podcast.Camila Victoriano:Yeah. Thank you for having me. Excited to be here.Chris Erwin:For sure. So let's rewind a bit and I think it'd be helpful to hear about where you grew up in Miami and what your household was like. Tell us about that.Camila Victoriano:Yeah. So I grew up in Miami, Florida, very proud and loud Latino community, which I was very lucky to be a part of, in the Coral Gables Pinecrest area for those that know Miami and my household was great. My dad, he worked in shipping with South America. My mom was a stay at home mom. And so really as most kids of immigrants, I had obviously parents I loved and looked up to, but it was very different than folks that maybe have parents that grew up in America and knew the ins and outs of the job market and schools and things like that. But really great household, really always pushing me to be ambitious and to reach for the stars. So I was, yeah, just lucky to have parents always that were super supportive. Questioned a little bit, the English major, that path that I chose to go on, but we're generally really happy and really supportive with everything that I pursued.Chris Erwin:Yeah. And where did your parents immigrate from?Camila Victoriano:My mom is Peruvian and my dad was Chilean.Chris Erwin:I have been to both countries to surf. I was in Lobitos in I think Northern Peru and I was also in Pichilemu in Chile and yeah, just absolutely beautiful countries. Great food, great culture. So do you visit those countries often?Camila Victoriano:I visited Chile once, much to the chagrin of my father, but Peru, I visited so many times and yeah, they both have incredible food, incredible wine. So you can't really go wrong. I did Machu Picchu and Cusco, and that sort of trip with my mom once I graduated college, which is really great just to go back and be a tourist in our country, but they're both beautiful and yeah, I love going back.Chris Erwin:Oh, that's awesome. All right. So growing up in your household, what were some of your early passions and interests? I know yesterday we talked about that you had an early interest in storytelling, but in some more traditional forms dating back to the ‘90s, but yeah. Tell us about that. What were you into?Camila Victoriano:I was always a huge reader. It's funny because my parents read, but not super frequently. My grandparents were big readers, but I always, always gravitated towards books. I remember, like many people of my generation when I was six, I read the first Harry Potter book and that was just mind blowing for me and I think...Chris Erwin:At six years old? Because I think I learned to read at like five.Camila Victoriano:Yeah. I had help with my mom a little bit but I remember we read it together and we would just mark with a crayon every time where we ended on the page. But I remember that book was like, I think when I first really understood how detailed and how enveloping worlds could be. And I think starting from that point, I just went full on into fantasy, YA, all sorts of books. I was just reading obsessively. It also helped that I was a classic nerd in middle school and high school and all throughout childhood, really. So I think for me, books, literature stories were just a way to see the world, see people like me, a lot of times in fantasy books or in sci-fi books in particular, you have the nerds as heroes.And so I think for me, that was a big part of why I gravitated to those genres in particular. But yeah, I just read all the time and then I did light gaming. So I played the Sims, again, similar idea though. You're world building. You're living vicariously through these avatars, but that was really how I spent most of my time, I obviously played outside a little bit too, but I was a big indoor reader always.Chris Erwin:Got it. This is interesting because the last interview I just did was with Adam Reimer, the CEO of Optic Gaming, and we talked a lot, he was born in the late ‘70s. So he was like a 1980s self described internet nerd as he says, before being a nerd was cool. So he was going to web meetups at bowling alleys when he was just a young teenager. Over through line with you because he was in Fort Lauderdale and you grew up in Miami. So two Florida nerds.Camila Victoriano:Yeah. Nerds unite. I love it.Chris Erwin:Nerds unite. You also mentioned that you also got into fan fiction. Were you writing fan fiction? Were you consuming it? Was it a mix of both?Camila Victoriano:A mix of both. So that's really in middle school in particular, how I really bonded with my small group of friends. I remember my best friend and I, we connected, we were on the bus reading a Harry Potter fanfiction on at that point it was fanfiction.net. And that is also again, similarly because in person with people, it was just like, we weren't really connecting that much. And so that community online was huge for me and my friend. We read all the time, people had comments, you had editors that you worked with and we wrote them ourselves too. And I think, looking back in the retrospective for me, that's where I think I first started to realize the potential of world building really in storytelling and in media and entertainment. It’s like, it didn't stop with the canon text. You could really expand beyond that.We loved telling stories about Harry Potter's parents and how they would go to Hogwarts, like super in the weeds, deep fandom. I don't know. I think for me that was just a real eye opener too, of like, oh, there's a whole online community. And I don't think at that point I was really thinking business. But I think for me, that's where I started to redirect my focus much more seriously too of, oh, this isn't just like, oh, I like books for fun. There's people all around the world that are incredibly passionate and spending hours upon hours of time, oftentimes after hours of school to just write and to really immerse themselves in these universes. And I remember writing them and reading them, just realizing how badly I wanted to be a part of creating things that caused the same feeling. And so for me, that was huge in that respect too.Chris Erwin:Well, thinking about fanfiction, literally there are now companies and platforms that are worth hundreds of millions of dollars that foster fanfiction, the communities around them. I think of Wattpad where you have film studios and TV studios, and a lot of the streamers that are now optioning IP from these fanfiction communities to make into long form premium content. Pretty incredible to see. So you go to high school and then you end up going to Harvard. I think you end up becoming an English major at Harvard. Was that always the intent from when you were in high school, it's like, yes, I'm going to go and get an English degree? What were you thinking? How did you want to spend your time in college? And then how did that evolve after you went?Camila Victoriano:I was typical good student in high school, right, but I think the older I got, the more I realized, oh no, my passion really lies in my English classes, my history classes. Obviously, I think math, once I got to calculus, I was like, all right, this might not be for me. And then science
This interview features Mike Grisko, CFO and Co-Founder of Atmosphere.  We discuss running an NCAA tourney at age 7, getting laid off during the Great Financial crisis, almost selling the Chive to Playboy, the challenge with professional politeness in UK work culture, raising $150 million in growth capital and quadrupling the team in 5 years, and what he looks forward to next.Subscribe to our newsletter. We explore the intersection of media, technology, and commerce: sign-up linkLearn more about our market research and executive advisory: RockWater websiteFollow us on LinkedIn: RockWater LinkedInEmail us: tcupod@wearerockwater.comInterview TranscriptThe interview was lightly edited for clarity.Chris Erwin:Hi, I'm Chris Erwin. Welcome to The Come Up. A podcast that interviews entrepreneurs and leaders.Mike Grisko:We have this concept internally, like giving up your Legos. Your job description changes every three to six months when you're going through rapid growth. 18 months ago, we were less than 100 people. Yeah, today we're close to 450 employees just at Atmosphere. And so that requires you to change your roles. Some of the things that I was doing back in 2018, 19, 20, it's just not scalable at that level. And so being able to hire great people, reassign tasks and responsibilities is absolutely critical.Chris Erwin:This week's episode features Mike Grisko, co-founder and CFO of Atmosphere. So Mike was born in the south side of Chicago and was the oldest of five siblings. He then studied at University of Illinois and his early career started in finance and consulting, including Pricewaterhouse Coopers in London and Moelis & Company in Chicago. While at Moelis, he met the founders of The Chive and was recruited for his first C-suite role as CFO. Soon after relocating to Austin, Mike partnered up with The Chive's leadership team to co-found Atmosphere, where he is helping to grow and scale the leading streaming TV service for businesses offering free audio optional TV. Some highlights of our chat include running an NCAA 20 at age seven, getting laid off during the great financial crisis, almost selling The Chive to Playboy, the challenge with professional politeness in UK work culture, raising 150 million in growth capital and quadrupling the team in five years, and what he looks forward to next. All right, let's get to it.Chris Erwin:Mike, thanks for being on the podcast.Mike Grisko:Yes, absolutely. It's a pleasure to join you on The Come Up. Really looking forward to getting into it.Chris Erwin:There's a lot of stories to tell here. As always, we're going to rewind a bit and we're going to talk about where you grew up and your childhood. So I think you're a Midwest kid. Tell us about that.Mike Grisko:I am a Midwest kid. Grew up on the south side of Chicago. 103rd and Pulaski for any local Chicago listeners. Was the oldest five kids. My mother was a ER nurse. My dad worked in engineering sales. It was a great spot to grow up. It was very much a blue collar neighborhood. We lived right across the street from Tally's Corner, which was famous for just so many cops and firefighters that had to live within the city limits. My mom was one of seven. My dad, one of four. And everybody lived within a couple miles of each other. So just cousins everywhere. So yeah, it's a fun neighborhood to grow up in. I don't know what your childhood was like, Chris, but it was very Stranger Things for us. You just go on your bike, you'd be gone all day. You just got to be back before the street lights came on.Chris Erwin:Oh, I hear you. I was born in '82, so I'm an '80s, '90s kid. And in the suburbs I was born Rumson, New Jersey, an hour outside the city. And it was about like, you get on your bike and you just travel all around the county and you get into trouble, you find dirt jumps, you go meet up with your friends late night. I remember taking the bikes out at 3:00 AM during sleepovers. It was the best.Mike Grisko:It was the best. Was Chicagoan through and through before. Now residing in Austin, Texas.Chris Erwin:So, okay. Being the oldest... I have two brothers, I have a twin and then a younger brother who's six years younger. And so you're the oldest of five. What was your role? Did you have a patriarch type role amongst the brotherhood?Mike Grisko:Absolutely. Especially my dad traveled quite a bit for work. It was definitely more of a patriarchal role took on but still. We were just very tight knit crew. Still are.Chris Erwin:Getting into middle school and high school. What were some of your passions back then? What did you like to do?Mike Grisko:We were always playing sports. You had the neighborhood crew. You're playing fast pitch against a parking lot wall. In addition to doing sports, it was also a bit of a nerd. Constantly reading, just super competitive in school. It was less about the learning, it was more just getting better marks than anybody who was around me. But yeah, that stuck with me for quite a while.Chris Erwin:Got it. Well, look today, you're the CFO and co-founder of Atmosphere and you've also had a CFO role at Chive. So were you big into the quant side and into mathematics and other science and other similar subject areas?Mike Grisko:Yeah, there's a bit of that. And then I've just always been incredibly fascinated by business and markets. Grew up in the '80s and when I was a... I think it was six or seven, my uncle started calling me Gordon Gekko. I think because I was the only-Chris Erwin:It's a great nickname.Mike Grisko:I know. I think it's because I was like the only seven year old who was running an NCAA tournament and I was doing betting spreads every NFL Sunday going down the line. Yeah. So it definitely makes sense, the career path that I chose, doing finance, doing the investment banking thing and choosing this direction.Chris Erwin:Kind of makes sense because you end up going for undergrad to the University of Illinois where you focus on finance and accountancy. So when you went to school, what were you thinking that you were going to do afterwards?Mike Grisko:When I got down there I wasn't really sure. It wasn't until I actually did study abroad program, which was in Melbourne Australia, which was some of the best months of my life. It was just absolutely incredible. Yeah, the fact that my best friend and I both got full scholarships to go down there was just such a deal. I mean, we got accepted. We just could not believe that they took both our applications.Chris Erwin:What did you get into? Did you do any surfing while you were out there?Mike Grisko:Did do some surfing, played Aussie rules football. We tried to get stuck into everything, just being able to travel and just the people and just such a fun environment. But that's really when I took a step back and started looking at like, "Okay, when I get back, I got to figure out an internship." And that's when chatting with a bunch of folks, really started to lean towards trying to get on an investment banking track. And so it's amazing. Sometimes you do really need to take a huge step away to start to piece that all together and figure it out. Because I really had no clue probably up until then.Chris Erwin:It's funny. It's almost a bit of the reverse, but it reflects your personality and your interests. Typical consultants or Fortune 500 executives or bankers will go on a sabbatical and say, "I don't want to be in these industries anymore. I'm going to go do something different." But you go to Australia, have the time of your life and you're like, "I need to go into hardcore finance. That's the path." I went in a very similar direction. I was an investment banker right out of undergrad too. All right. So that becomes your focus. What's your first internship or your first role in school?Mike Grisko:So I did an internship for Wells Fargo. Got to see the lending side, their corporate lending group, so did a summer of shadowing the analyst doing underwriting. And it was great. This is in the high times of banking. This was in '07. So the summer of '07, everything's riding high. I remember winning the internship competition. So they flew me out to San Francisco with my brother just for first prize for winning this thing.Chris Erwin:He was your plus one? You're like, "I'm going to bring my bro."Mike Grisko:Yeah. Yeah. And it was a very good learning ground, but I still... There's a few guys who I was friends with at Illinois who had gotten into the investment banking side. And so I decided to double down and just... Thanks Wells Fargo, but I really wanted to take a dive into the IB side and learn how to do M&A and capital raise and the rest. I'm sure probably similar sort of path as you. Must have been at least 20 to 30 different places I was submitting applications doing interviews with. Just running through the whole process.Chris Erwin:Yeah, it's a very intense process. But it's funny. Hearing from the people that have interviewed on the podcast, I think back to Michael Cohen at the Whistle, which was acquired by Eleven Sports. He started out as a credit analyst at Wells Fargo in Atlanta, before he went into do investment banking. And we actually worked at the same firm and I started out as a credit analyst at Bank of New York, which is now BNY Mellon. And you, you now run a free ad supported streaming platform for businesses. You started as a corporate credit analyst and then went to investment banking. If you're going to do finance and media, that feels like the path.Mike Grisko:Yeah. It's got to be. It's tried and true then. You got three examples right there.Chris Erwin:So then, okay, you graduate and then you go full time into Lincoln Financial. And you're an analyst there for about a year. What were those early years like?Mike Grisko:It's a mid-market investment bank, heavy Chicago presence. It was a good shock to the system going from your university environment to full corporate world and pretty intensive as I'm sure you remember from you
This interview features Adam Rymer, CEO of OpTic Gaming. We discuss what he learned from running Harvard’s campus store, adapting to Napster at Universal Music, why entertainment doesn’t value innovation, being on Universal Pictures’ greenlight committee, scaling Legendary Digital and working alongside Chris Hardwick and Amy Poehler, how to create communities for gamers, why he plays Fornite with his son, and how to follow your own roadmap.Subscribe to our newsletter. We explore the intersection of media, technology, and commerce: sign-up linkLearn more about our market research and executive advisory: RockWater websiteFollow us on LinkedIn: RockWater LinkedInEmail us: tcupod@wearerockwater.com Interview TranscriptThe interview was lightly edited for clarity.Chris Erwin:This week's episode features Adam Rymer, CEO of OpTic Gaming. So Adam was born in Fort Lauderdale and was a self-described '80s internet nerd. That meant hanging out on internet bulletin boards and attending internet meetups at bowling alleys. His online passions paid off and he ended up going to Harvard after writing an admission essay, comparing entertainment dollars versus grocery store dollars. Adam's early career included Universal Music where three months after beginning his new role Napster was launched. And Adam had to figure out questions like, "What now? And who do we sue?" After rising up to the exec ranks at Universal Adam then struck out on his own to co-founder production company that worked on projects like the Rover and sci-fi hit arrival. He then became president at nerd and legendary networks where he helped build a multi-platform media business alongside stars like Chris Hardwick and Amy Poehler today. Adam is the CEO of OpTic Gaming, where he is helping to grow and scale one of the world's most exciting companies operating at the intersection of gaming and entertainment.Chris Erwin:Adam, thanks for being on The Come Up Podcast.Adam Rymer:Great to be here, man. Good to see you.Chris Erwin:Yeah. So where are you calling in from?Adam Rymer:I am in Dallas, been here about two years now.Chris Erwin:Are you in the Envy offices right now?Adam Rymer:We are. I moved here in the middle of COVID and we've been, believe it or not, working mostly in the office since I got here.Chris Erwin:Like to hear that people getting back to the office environment. Well, we're going to talk about Envy more, but actually want to rewind a bit, Adam. So going back a few years here, I want to hear about where you grew up and a little bit of what your childhood was like to see if there's any kind of glimpses into this media and digital executive that you've become.Adam Rymer:I am a Florida man. I grew up in Fort Lauderdale. Born in Miami, grew up in Fort Lauderdale, '70s and '80s which whatever anybody thinks about Miami and south Florida now is not what it was like when I was there. It was retiree paradise. And then the occasional spring break debauchery but of course, I was too young to really understand and appreciate any of it. So I just saw all these college kids coming in and thinking that would be awesome. And then by the time I was actually old enough to enjoy spring break, that it all gotten kicked out of south Florida and moved to Daytona and Cancun and wherever else. So missed out on all the benefit of all of it. But Florida was an interesting place to grow up in the '70s and '80s. Left at 17, never really went back, but definitely helped shape my desire to stay someplace warm for the rest of my life.Chris Erwin:Okay. So I have to ask you, what was your household like growing up? Were your parents into the same things that you're into now, media entertainment, digital gaming, gaming, what that looked like back in the day was very different, but what did your parents do and what were some of your early inspirations?Adam Rymer:My dad was a physician. He was an immigrant. My mom helped run the household. I had a younger sister who was six years younger than I. And so we were not overly close partially because of the age difference. And partially because we were just into different things, I was probably what you would call a quintessential nerd back in the day when it was very, very uncool to be a nerd. I got an Apple 2e when I was, I don't know, probably like eight or 10 years old and was goofing around on that with floppy discs and playing Zork and all the text base games and whatever else I could get my hands on. I remember connecting to BBSs back in the day. That was how I spent a lot of my free time.Chris Erwin:But BBS?Adam Rymer:Yeah. BBS was a bulletin board system. It was the modern, the old precursor to, I guess what you'd call like a social media network today. It was dial-in multi-communication platform where you could type and talk to other people and play games with people online, text-based games for the most part and south Florida, believe it or not, was actually the hub of some of the biggest BBS companies in the .country every now and then we'd go to meetups with people who were on these, these services, but you'd get online and play trivia and you'd play just chat with each other. And I guess back in the day, you'd consider it pretty weird. And today you just call it WhatsApp.Chris Erwin:So question, you said we would go to meetups. How old are you and who is we? Are you going with your parents or friends?Adam Rymer:Yeah. I was like 13, 14, and I'd have friends that would drive me around. We'd meet at like bowling alleys and family entertainment centers like arcades and mini golf places. And there'd be people from 14 to 40, but everybody was just connected through these online environments of being... At the time, I guess we were outcast and ostracized. And like I said, we were big old nerds.Chris Erwin:Were your parents supportive of some of your interests here with these meetups and the BBSs?Adam Rymer:Yeah, I mean, they didn't really know what was going on. For me, it was just a way to meet people and make friends and met some really interesting folks. Met some really odd, strange folks through it. Some people went on to greatness and do some pretty cool things. Some people faded off into obscurity. I think it definitely helped define and set my career in motion from being part of something that was just on the cutting edge of interactivity and technology. And 'cause there was a lot of steps to it, right. We had to, you had to get a 300-baud modem. You had to connect a phone line to it. You had to pay for time on the service by dropping off some money at a house or sending something in somewhere else. And I mean, it was really complicated, but we made it work. It was a weird time. It was like during the days of war games, if you remember the movie War Games, it was like that sort of universe.Chris Erwin:I've known you for years now. This is the first time I've really asked about your upbringing in your childhood. And within one minute, learn something completely new, but it makes sense. Everyone nowadays talks about how do you build community? How do you build fandom amongst different media brands, participants, creators, and users, et cetera? And you have now three to four decades of experience of building fandom on the internet. It's all becoming much more clear. So as you go to high school and then you're applying for college, what did you think that you were going to do?Adam Rymer:It's funny so we used to go to Disney World a lot in Florida, right? Because it's only about two-hour drive from where I lived. And I was always, I guess, kind of a weird business-focused kid at a certain level. I remember writing my college essay about Disney, but not about the cool entertainment factor of Disney about the business of Disney and how I found it super interesting that when you would go to someplace like Disney World, that you would be totally open to spending $8 on a Mickey bar ice cream that if you were just at a grocery store, you would totally freak out about highway robbery. You would just never spend that kind of money. And, I wrote my essay about like entertainment dollars being different from regular dollars. I did, I guess-Chris Erwin:So precocious.Adam Rymer:... I was a weird kid and at the time I was like, "I want to be Michael Eisner." Michael Eisner was my idol at the time not knowing a whole lot about anything, but knowing Disney and seeing how that was working, I was like, "That's my aspiration." Right? So went off to college. And at the time I was focused on engineering because as a nerd, geeky kid, I thought I was going to be an engineer, but within a year of college, I shifted over to being an economics major and really focusing more on business and really put most of my efforts into pursuing kind of game theory and business and economics.Chris Erwin:You went to Harvard up in Cambridge, right?Adam Rymer:That's the one. Yeah.Chris Erwin:So your essay must have been something special to get into that school. Right?Adam Rymer:God. To this day, I don't know how I got in. I'll tell you, I mean, it's my 25th reunion this year. I look around and I see other people from my class and I see kids today and I mean the quality of students and applications is just phenomenal. And to this day I count my lucky stars that I went there and got in there and survived. It was the hardest experience in my life. I can't even tell you, I felt overwhelmed half the time, lucky half the time. I mean, it was something.Chris Erwin:Well, if you're going to a reunion, my dad, I think is Harvard '70. And I think he's going to his reunion this year as well. So maybe you guys can bump into one another there. So you're at Harvard, you're feeling overwhelmed, but feeling lucky and grateful. And do you think you get more clarity on what you want to do when you're graduating?Adam Rymer:Yeah. Well, look, while I was there, I had my first real work experience. So we had this thing called Harvard Student Agencies. And what that is a bunch of student-run
This interview features James Creech, SVP Influencer Strategy at Brandwatch and founder of Paladin. We discuss how former GE CEO Jack Welch inspired James to be a number one category leader, using his down payment on a house to start Paladin, his make or break pivot when the creator economy evolved in 2018, working till 3AM over Christmas to sell his company, why James and I are kindred spirits, and the power of recasting your success.Subscribe to our newsletter. We explore the intersection of media, technology, and commerce: sign-up linkLearn more about our market research and executive advisory: RockWater websiteFollow The Come Up on Twitter: @TCUpodEmail us: tcupod@wearerockwater.com---EPISODE TRANSCRIPT:Chris Erwin:Hi, I'm Chris Erwin. Welcome to The Come Up, a podcast that interviews entrepreneurs and leaders.James Creech:Thomas and Ole and I all put considerable capital into the project. To put that in perspective, at the time, Thomas was getting married. His fiancé, she was amazing to say, "We believe in this dream, and we want to put that money that we would have saved for a big, nice wedding with our family and friends towards investing in this startup." I had been saving to buy a house, so I took essentially a down payment on what I would do to buy a house and said, "I'm all in on the business." Every penny to my name and probably even some I didn't have like went into Paladin. Then, Ole had recently gone out and bought a Tesla. He ended up driving back to the dealership and returning the Tesla, so he could take all of that money and put it into Paladin. So, every single one of us was all in from day one.Chris Erwin:This week's episode features James Creech, SVP influencer strategy at Brandwatch and founder of Paladin. So, James was born in Houston, Texas and grew up in Bakersfield, California with parents who worked in oil and gas. Early on, James was a creative. In high school, he made sketch comedy videos with his friends and thought film and TV was his future. So, he went to USC Film School and ended up running the college TV station, but soon realized that he really enjoyed and was good at the business side of entertainment. His career started at a video advertising startup, where he helped scale the team to over 40 employees, but then moved on to Bent Pixels, which started as an early YouTube MCN.Chris Erwin:While there, James took a big bet on launching a technology SaaS product for the early creator economy, which he ended up spinning out and leading as CEO, until its recent sale to Brandwatch just a few months ago. Today, James leads influencer strategy at Brandwatch and stays busy on the side, advising over 10 different companies and publishing content on his podcast and blog. Some highlights of our chat include how former GE CEO Jack Welch inspired James to be a number one category leader, when he used his down payment on a house to start Paladin, his make or break pivot when the creator economy evolved in 2018, working till 3:00 AM over Christmas to sell his company, why James and I are kindred spirits, and the power of recasting your success. All right, let's get to it. James, thanks for being on The Come Up podcast.James Creech:Hey, Chris. Thank you, excited to be here.Chris Erwin:This has been a bit of a long time coming. I think I was on your podcast a year or two ago, and I said, "James, I'm going to have to get you on mine someday." And, we're finally making it happen. When we were doing the prep, I just got even more excited, because I realized just how cool and exciting your story is. So, excited to share that with the listeners, and as always, let's rewind a bit. So, we're going to go back. Tell us about where you grew up, what your household and what your parents were like.James Creech:So, I was born in Houston, Texas, but grew up mostly in Bakersfield, California. So, I always tell people, "You could probably guess what my parents did for a living, right?" We worked in oil and gas. So, I spent most of my life, yeah, in Bakersfield, from ages four to 18, essentially. My childhood was great. I have a younger brother and sister. We're a close family. We had the chance to do a lot of traveling when we were younger, which was fun. I remember soccer practice and tennis and Cub Scouts, mock trial. We were involved in a lot of activities, and our parents were very much a part of those activities and the stuff that we enjoyed as kids.Chris Erwin:Quick interjection, how far did you get in Cub Scouts?James Creech:To the end of Cub Scouts. Never made it to boy Scouts.Chris Erwin:Did you achieve the Webelos badge?James Creech:Yeah, I was a Webelos. I think that's about as far as I made it.Chris Erwin:Nice. I did one up you a bit. I got to Eagle Scout with my twin brother.James Creech:Congrats. Wow, that's a huge achievement.Chris Erwin:It's a lot of work. Back to you, so grew up in Bakersfield, had some younger siblings. Early on, what were your passions? What were you into? Was there any glimpse into the career that you have today?James Creech:I think when I was a kid, I used to tell people what I wanted to be when I grew up, I said I wanted to be the governor of California. I don't know where that came from. I don't know that I have any sort of interest or passion in politics. I think as I got older, I would say I lacked the moral flexibility to pursue a career in that field, but was interested in politics and government early on. Somehow, that morphed into maybe being interested in law and going to law school at a certain point. I was pre-law at USC, so that was certainly a passion. I ended up doing the mock trial, as I mentioned, and then interned at a law firm and realized, hey, a lot of love for the legal profession, a lot of great friends who are lawyers, et cetera, but that probably wasn't the path for me.James Creech:In high school, the thing that really captured my intention was making videos with my friends, essentially comedy shorts. It's interesting, the timing, right? I was inspired by SNL and all these other amazing sketch comedy programs. Had I been a generation later, let alone maybe even five years later, the videos I made probably would've ended up on YouTube and now TikTok. But, because of the timing, I just made videos with my friends, and we made DVDs and shared them with our friends and family. But, it wasn't any sort of big distribution.Chris Erwin:It's never too late, James. It's never too late.James Creech:Yeah. There's an archive of a lot of old, embarrassing footage somewhere.Chris Erwin:Yeah, IP libraries are in high demand, high valuation. So, there could be something there.James Creech:So, that's what I was doing and figured, okay, well, I'm interested in media and entertainment. I applied and was accepted into the USC Film School and thought, okay, I'm going to go into film production, right? Fast forward a little bit, and I realized in college, well, I'm way more interested in the business side than I am in say the creative or the technical side. The stuff I liked doing in high school with my friends was making videos, which was really more about the experience of being together, less about the filmmaking process. But, yeah, that was kind of the early days.Chris Erwin:Yeah. So, I have to ask, what was your role in doing these sketch comedy or sketch segments? Were you a director? Were you a writer? Were you an actor? Was it all the above? And, I also want to hear, if you just have an example of one of the things that you guys did, I'd love to hear about it.James Creech:Oh, boy. So, I was an instigator. A ringleader is maybe the right word. We did all sorts of stuff. We were filming on these really small handheld cameras. I would certainly come up with sketch ideas and get my friends involved. We would shoot them. I would edit them. We would share them. There's plenty of stories that I can tell you, many of which are maybe too embarrassing for the podcast. So, we'll save that for a beer sometime, but one that definitely stands out is we kind of faked this kidnapping of our friend. He had a new girlfriend. He was really invested in that relationship, not spending as much time with our buddies. So, I said, "Okay, let's go to his house one afternoon, dressed all in black like ninjas," and his parents knew. We gave everyone a heads up, but we went in and kidnapped him for the day, which was a lot of fun. So, that's probably one that stands out.Chris Erwin:It's funny, hearing you tell these stories. So, I just started listening to This Is Important Podcast from the crew of Workaholics. They started just by making different sketch videos. They were filming wrestling matches in their backyard. Just hearing about some of their stories and how they started, and then they talk about, yeah, and then we sold the show to Viacom. How did this happen in Comedy Central?James Creech:Yeah, I wish that was the journey, was certainly inspired by Derrick Comedy and some of the other early, early YouTube sketch groups. We didn't get that far, right? It was fun to run around in our backyard and make videos, and that's where it ended for us.Chris Erwin:Yeah, cool. All right, so you get into USC Film School in 2012. I believe that you end up with a marketing and poli sci focus. But, tell us about you showed up at school. What was your initial focus? And, then it seems like it pivoted as you started to understand that you realized the appeal of the business side of entertainment, versus the creative side.James Creech:Yeah, so I went to USC, 2008. So, it was right around the housing crisis, financial crisis, which I don't know, as an 18 year old, you're fairly oblivious to. But, I was passionate about filmmaking. I was excited to be in the film program, also in the poli sci school. So, I was kind of running this dual track of, okay, well, I'm earning my political science degree, but I'm also taking these film courses and think that's what I want to do after I graduate. I got involved
This interview features Michael Cohen, CEO at Team Whistle. We discuss being denied by a Goldman Sachs recruiter, when wearing a suit can be bad for business, being on the launch team of Whistle Sports, why the movie The Martian inspires his leadership, executing an M&A roll-up strategy and going from $0-100M in revenue, exiting to ELEVEN Group, and learning how to “play it where it lies”.Subscribe to our newsletter. We explore the intersection of media, technology, and commerce: sign-up linkLearn more about our market research and executive advisory: RockWater websiteFollow The Come Up on Twitter: @TCUpodEmail us: tcupod@wearerockwater.com---EPISODE TRANSCRIPT: Chris Erwin:Hi, I'm Chris Erwin. Welcome to The Come Up, a podcast that interviews entrepreneurs and leaders. Michael Cohen:The presenter started off his presentation, and he said, "None of you in this room are going to get a job at Goldman Sachs right out of school." Sort of the most deflating thing ever. I've been preparing for this for an ungodly amount of time. And I was so angry for so long, but what I took away from that has stayed with me for my entire career, because what he then went on to say was, "I didn't start a Goldman Sachs. I started at X company. I then went to Y, then over to company A, and ultimately got to where I am today as a managing director at Goldman Sachs." And his point was that not all career paths are linear. You have to have different experiences along the way that ultimately allow you to become a better managing director at Goldman Sachs, or wherever you were going. Chris Erwin:This week's episode features Michael Cohen, CEO of Team Whistle and chief transformation officer of ELEVEN Group. Michael was born in Long Island and grew up with parents who worked in tourism and technology. He decided to migrate to Atlanta for college, kicked off his career in a financial training program at Wells Fargo, but he soon returned to his home turf in New York City to be an investment banker, where Michael learned how to tell stories with numbers. Of note, this is where we first met and actually worked together for a few years. Chris Erwin:Michael's career then progressed into private equity and strategy consulting, but he left to take an early bet in digital media and helped launch Whistle Sports in 2014. Today, Michael is the CEO and has spent the past year integrating the business into its new owner, ELEVEN Group. Some highlights of our chat include being denied by a Goldman Sachs recruiter, when wearing a suit can be bad for business, why the movie "The Martian" inspires his leadership, executing an M&A roll up strategy and going from zero to a hundred million in revenue, and learning how to play it where it lies. Now I've known Michael for over 15 years, and he's one of my favorites to share industry notes with and riff about all things creator economy. Telling his story has been a long time coming, so let's get to it. Chris Erwin:All right, Michael, thanks for being on the podcast. Michael Cohen:Chris, thanks for having me. Been a long, long time that we've known each other, so I'm excited to chat with you. Chris Erwin:Yeah. This has been a long time coming. I think I've been asking you to be on the podcast for almost over a couple years now. There was some assumed perhaps missed emails or lack of responses or who knows what, but finally able to make it happen today. Michael Cohen:I take the fifth, but I'm glad I'm glad to be here today. Chris Erwin:All right, Michael. I've known you for a long time. I think dating back to 2006. This is ... I know. It's pretty crazy to say that. It's almost over 15 years starting in Wall Street finance into the world of digital media. A lot to talk about today, but let's start where you grew up, if there's any glimpses into your early career. Let's rewind a bit and tell us about where you grew up and what your household was like. Michael Cohen:I grew up in Long Island in New York, a nice, quiet suburban town called Jericho. I have an older brother and my two parents as well. The town was a very small town. Everybody knew each other, which was great, but also a little bit of a bubble. And so I think having grown up in that environment, it was something that I liked a lot, but also knew it was something I needed to get out of and experience the world a bit different. And I think part of my childhood allowed me to do that. My mom worked in travel, which allowed us to go to all different places. Some I appreciated at the time. Some, I certainly did not as a kid. Whish I could go back and appreciate some of those more, but again, this is well before we had digital cameras, let alone Instagram. Michael Cohen:You couldn't experience a culture the way you potentially can today through Instagram or other apps. I got to have a feel for other cultures around the world through that lens. And then my dad worked in and around technology for his entire career, which was pretty awesome. He traveled to Japan a lot. And I would always ... We went to the consumer electronic show, when CES was actually consumer electronics, or at least more prominently consumer electronics. I would inevitably have some new gadget. I remember a small, little TV that had a massive antenna that I got channel two on, which was great, super exciting as a kid. And then I definitely had the first MP3 player, which I think it was called the Diamond Rio. Chris Erwin:It could hold five songs? Michael Cohen:Yeah. It literally had I think five songs. You could upgrade the memory and you might get eight songs. It was literally the coolest thing ever, but you'd use it to go for a run because you had a Walkman. That was the only other thing. And if you do more than a 20 minute run, that's kind of it. But I think being around my mom and dad who were both working, gave me a strong appreciation for hard work and work ethic. I think both of the industries that they were in gave me perspectives that I probably wouldn't necessarily have had. I'd say my older brother, in terms of work ethic, not to say he didn't have great work ethic, but he is wildly smart. And he didn't actually have to work all that hard to do really well, which, on the other hand, I believe I'm somewhat smart, but also had to do a lot of hard work to keep up. That's just something that's always driven me. Chris Erwin:Michael, I think you have many moments of great intelligence, so don't cut yourself short there. All right. With your mother in travel, your father in tech, did you have a sense of what you wanted to do as a kid? Did a lot of people in your community work in New York City? Did they work in finance? What were you thinking about your careers you were preparing for college? Michael Cohen:Yeah, we had a lot of different folks in the neighborhood. Some worked in finance, some accountants, a variety of folks that worked in different industries. I think for me, business was something that was always an area where I wanted to focus. I knew I wanted to be a business man at that time, follow predominantly in my dad's footsteps and be able to work with a great company and travel, be a part of important meetings, a big team. All that stuff was important to me. Exactly where and what that meant was certainly TBD. Again, we didn't have internet, and all that stuff wasn't as prevalent as it is today to sort of understand all the options and choices. Chris Erwin:And actually, a quick tangent to that ... As a kid, what were your hobbies? What were your passions? What did you do outside the classroom? Michael Cohen:Played a lot of sports. I grew up in a neighborhood that after school, all of us would get our bikes. We'd go to a park. We go back to the school. We'd play pick up basketball, roller hockey, baseball, you name it. We were out until dinnertime. And that was just awesome, being able to always be playing sports. And then at home, I would say because I was able to get exposure to a lot of the technology, I probably had the latest and greatest computers, these massive machines, and got to tinker around with that. So played on the computers. I probably had the first CD burner that existed, and turned that into a little entrepreneurial business in high school, selling CDs. Chris Erwin:Burned popular CDs that you would buy at the time and sell them to your friends? Michael Cohen:There was a very popular dance mix. I don't remember what it was, but it was one of those things that ... I don't know if it was Tower Records or one of those [inaudible 00:08:06] things that you get 22 songs or something on. And it's a mix. I had this CD burner. My friend and I, we started selling these CDs for a few bucks to our friends. It was a nice little side hustle back in high school. Chris Erwin:Okay, so there's a little bit of an entrepreneurial bend in you. I see that. You decide to go to college, and you go to Emory university in the south. What were you thinking when you went to Emory? What was the plan there? Michael Cohen:It was interesting. My brother had gone to Emory. I went down to visit him, Emory in Atlanta, Georgia, early 2000s. The "dirty south" was really having a moment in terms of growth, in terms of pop culture, a really awesome vibrant place. I think for me, having grown up in more of a smaller neighborhood where I knew a lot of the people, I think feeling like a bigger fish in a smaller pond was something that was more exciting. And I think looking at Emory, looking at the curriculum, the school wasn't super small, but at the same time, it would give me warmer weather and the ability to feel part of the movement in pop culture happening at the time. Chris Erwin:And so from there, you end up going into finance, right when you graduate, which I think is around 2005. And I think you end up at Wells Fargo. What was your thinking there for your first role out of school? Michael Cohen:I'll back you up a little bit. At Emory, I majored certainly in business, but with a concentration in f
This interview features Brendan Gahan, Partner and Chief Social Officer at Mekanism. We discuss working with OG YouTubers like Smosh back in 2005, founding Epic Signal and selling it to his former employer, hanging out in El Salvador’s Bitcoin Beach, why it takes him 100 drafts to publish content, the future of the creator economy, and learning how to enjoy what you create.Subscribe to our newsletter. We explore the intersection of media, technology, and commerce: sign-up linkLearn more about our market research and executive advisory: RockWater websiteFollow The Come Up on Twitter: @TCUpodEmail us: tcupod@wearerockwater.com---EPISODE TRANSCRIPT: Chris Erwin:Hi, I'm Chris Erwin. Welcome to The Come Up. A podcast that interviews entrepreneurs and leaders. Brendan Gahan:I felt like my strengths could be better utilized going off on my own. It was really as simple as, well, I want to do this work the way that I know how to do it and the way I want to do it. And if that takes me going off on my own, then that's what I'm going to do. So I did. In hindsight, it sounds much smarter than it was. It was not smart from like an on paper standpoint, but I just felt like it was the right thing for me to do because I've been doing it longer than most people, I have relationships, I have a sense of what strategically works. I want to do it the way that I want to do it. Chris Erwin:This week's episode features Brendan Gahan, partner and chief social officer at Mekanism. So Brendan was born in Ventura, California, and grew up surfing many local breaks. But although his parents were educators, he entered college without a career focus. But just a few weeks away from graduation, a last minute call from his uncle sparked his entry to media and advertising, and he never looked back. His career started at a creative agency working on some of the first YouTube campaigns with hit creators like Anthony Padilla and Ian Hecox's Smosh. With a growing reputation as a social and digital expert, Brendan eventually started his own agency, Epic Signal, which he ended up selling to Mekanism. Chris Erwin:Today, Brendan is their chief social officer. On the side he also publishes a wide array of content, making it one of the industry's most well regarded thought leaders. Some highlights of our chat include what it was like to sell his company to his former employer, why he's hanging out in El Salvador's Bitcoin Beach, how it took him 100 videos to post his first TikTok, the future of the creator economy, and learning how to enjoy what you create. All right, let's get to it. Chris Erwin:Brendan, thanks for being on The Come Up Podcast. Brendan Gahan:Thanks for having me, pumped to be here. Chris Erwin:We were just having a little chat about, you got a surf in this morning, if that's right. Brendan Gahan:I did. I'm working in El Salvador this week in a little town called Zonte, people may have heard of it referred to as Bitcoin Beach. And there's a nice little right hand point here, so made sure to get out there. Chris Erwin:Are you regular foot or goofy foot? Brendan Gahan:I'm regular, yeah. Chris Erwin:Okay, so you like the right-handers. I'm goofy, I like to go left. Brendan Gahan:Yeah, right hand point in particular, it's like my favorite kind of wave. I grew up in Ventura. So grew up surfing C Street, at the point in Ventura. And then every once in a while I would make the trek up to Rincon and stuff. Chris Erwin:I'm curious, where exactly did you grow up? Were you in the LA County or were you up north? Brendan Gahan:No, I was in Ventura. So there's Ventura County, which encompasses quite a bit of Southern California, but I grew up in the city of Ventura, maybe three quarters of a mile away from the beach, it's like a 15-minute walk or so, and yeah, it was great. Chris Erwin:Great. And do you still have family that's in Ventura? Brendan Gahan:Parents are still there. I've got some aunts, uncles, cousins in the area. And then my younger sister lives, she's still in Ventura County, but about 30 minutes away from where we grew up. Chris Erwin:I often talk about Southern California real estate. And you look at one of the few pockets in SoCal that's near the beach that has been underdeveloped is definitely Ventura. I think that's true for the last 30 years. I think that's finally starting to change, particularly during COVID and remote work. Have you seen that there? Brendan Gahan:Oh my gosh, it's crazy. I was just there this past weekend. And there's all these developments going up, like apartment complexes and condos, and yeah, it's sort of interesting. When you look at Ventura on a map, there's sort of like this no man's land between LA and Santa Barbara. And for years, Ventura was just sort of like overlooked. It was like people would pass through Ventura to go to either Santa Barbara or LA, but then more and more Ojai started to become a place, and Ventura has become a bit of a destination and there's now some startups out there. Before the biggest company there was Patagonia. Ventura, growing up was sort of like this blue collar cowboy meets surfer vibe for the most part. And yeah, that's definitely evolving. Chris Erwin:I think cowboy meets surfer vibe sounds about as good as it can get, you know? Brendan Gahan:Yeah, yeah. Chris Erwin:I forget who, but when I was at Big Frame almost 10 years ago now, I remember there were some industry friends that had set up shop in Ventura and were commuting to LA, and it was only about like an hour, hour and 15 away, not that crazy if you timed it right. So curious, looking at you being at the nexus of digital media and advertising and all the things, were there any media influences when you were there, when you were younger? Did that come from your parents or anything like that? Or was your upbringing focused on completely different things? Brendan Gahan:Yeah, definitely not. LA seemed like the furthest thing in the world to me growing up. And it seemed like a city, it may as well have been New York in my mind. Even though it was only like an hour and a half, we would go to LA on a field trip every couple years, or maybe my parents would take us there and we'd visit a museum or something like that. But it was not like a destination that was really on my radar. And from a professional standpoint where my head was at, I sort of had the cliche jobs in mind, it was like, oh, okay, maybe I'll be a teacher or a lawyer. A lot of people I knew growing up, and a number of relatives were like firemen, so my mind was sort of gravitating towards, I thought I'd either be a doctor, a lawyer or a psychologist. So I didn't have much of like a media or a tech influence until later. Chris Erwin:What did your parents do? Brendan Gahan:They were both in education. So my mom was a teacher's assistant in resource classes. And then my dad initially was like a teacher and then became a principal at a number of the special education schools in Ventura County. And then when he retired, he was the director of special education in Ventura. So education ran deep in the family, I guess. Chris Erwin:Yes. No, clearly understood. But I think you mentioned that you had an uncle that was in the media space, right? Brendan Gahan:That's right. Yeah, yeah. So I had an uncle who worked in advertising and he was at Wieden+Kennedy like in the heyday when it was like Bonos, Air Jordan, all that, when it was as big as it could get, and they lived a ways away. But whenever I saw him, I would just like pepper him with a million questions because to me, somebody working in advertising, in particular on like Nike and in that era, it wasn't just ads. It was like shifting culture, like Spike Lee and all that stuff. So I thought it was the coolest thing in the world. And I'd always ask him a million questions about it. But in my mind I never thought that I would end up working in that space. It seemed like this extra terrestrial sort of thing. Brendan Gahan:But he was always really cool. And he was like a creative director doing a lot of the Air Jordan spots and that sort of thing. So he always had funny stories he would share. And I just thought it was the coolest thing. I remember being in like elementary school, he'd visit or we'd go visit him, and I'd just pepper him with questions. So it was always sort of like seated in the back of my mind, but at the same time it felt unattainable, but I was really fortunate. Brendan Gahan:I don't know if we want to skip ahead too much, but basically he ended up offering me my first internship, totally came out of the blue. I got a phone call one day, I was like two days away from graduating from college. And I was about to go home for summer and work, and yeah, just out of the blue, he's like, "Hey, I got this guy on my team," he had started his own agency at this point, he's like, "And we need some young kid who understands digital," because this is 2005. And so I came up there and I interviewed with this guy he wanted me to intern for- Chris Erwin:But you did not go to college for this, if I understand correctly, you went to, is it UC Santa Cruz and you were psychology and history? Brendan Gahan:Yep. Yep. Chris Erwin:And again, you thought with that you were going to follow in your parents' footsteps, become an educator, or become a lawyer. Brendan Gahan:Something like that, yeah, I thought I was zeroing in on like teacher, lawyer or psychologist. I wasn't really sure what I was going to do. And psychology I always thought was fascinating. So I studied that, and then I realized two, three years in, I was like, oh, I've taken a ton of history courses and if I just take a few more, I can get a double major in apparently history, because of all the writing and stuff if I remember correctly, it was like not a bad thing to have if you were looking to get into law school. So it just kind of like was a circuitous path to get where I ended up. Chris Erwin:It didn't feel like you were overly passionate about anything
This interview features Sarah Penna, Senior Manager of Creator Launch at Patreon. We discuss how a trip to India inspired her media career, being one of the youngest YouTube MCN founders,  her $15 million exit to DreamWorks Animation, how she picks co-founders,  marrying a YouTuber-turned Hollywood filmmaker, founding a female-forward entertainment brand, and what’s up next for Patreon. Subscribe to our newsletter. We explore the intersection of media, technology, and commerce: sign-up linkLearn more about our market research and executive advisory: RockWater websiteFollow The Come Up on Twitter: @TCUpodEmail us: tcupod@wearerockwater.com---EPISODE TRANSCRIPT: Chris Erwin:Hi, I'm Chris Erwin. Welcome to The Come Up, a podcast that interviews entrepreneurs and leaders. Sarah Penna:We had outgrown the office. We were in the National Lampoon office. It was so janky and eventually we moved the talent team to my dining room table. I would cook dinner for the talent team. We would take talent meetings in my living room, which was just so bizarre and unprofessional but worked. My house was kind of a YouTuber hotel. It was very wholesome and very duct tape and bubble gum feeling. We were just kind of figuring it out. Chris Erwin:This week's episode features Sarah Penna, senior manager of Creator Launch at Patreon. So, Sarah was born in Salt Lake City, Utah. Her father was a serial entrepreneur and her mother ran the family construction business. Sarah's first foray into media began while studying abroad in India, when she became the translator for a documentary film crew. So after college, she moved to California and immersed herself in LA's up-and-coming digital media scene, which included working with OG YouTuber Phil DeFranco. Sarah rapidly became a digital expert and started her own digital talent management company in 2010, which eventually became Big Frame and was sold to AwesomenessTV and its parent, DreamWorks Animation. Chris Erwin:Today, Sarah runs a team that helps Patreon develop and launch premium talent partnerships, and also advises Frolic Media, a female-forward entertainment brand she co-founded in 2018. Some highlights of our chat include how we first met during an awkward interview moment with a guitar, when having 10,000 subs made you a Top 100 YouTuber, how she picks co-founders, what it's like to marry a YouTuber turned Hollywood filmmaker, and what's up next for Patreon. Now, I've known Sarah for nearly 10 years. She was actually my gateway drug into all things digital entertainment and where it not for her founding Big Frame, I would not be where I am today, and I am forever grateful to her, which makes me super pumped to share her story. All right, let's get to it. Sarah, thank you for being on The Come Up podcast. Sarah Penna:Thanks for having me. Chris Erwin:We got a little bit of history here. So, we'll see how much of that we can get through in 90 minutes before your next thing. Sarah Penna:Yeah, it's a lot. It's a lot to pack in. Chris Erwin:As always, let's rewind a bit and let's talk about where you grew up. So, my understanding is that you grew up in Salt Lake City, Utah. Your family had some land in Wyoming. I think your dad was a bit of an entrepreneur, but tell us about your upbringing. Sarah Penna:Yeah. I had a pretty cool childhood. I grew up in Utah. My parents were total hippies, just big personalities, did not grow up in the predominant faith of Utah. So, it was a little bit of an outlier, and my parents own a construction company together. So, a little bit of foreshadowing into how I worked with my husband at one point, but I grew up with an older sister and a younger brother. We had a menagerie of animals all the time, like goats, and my dad kept bees at one point. We always had two or three dogs and a bunch of cats and an iguana and chinchillas. We just had this kind of crazy Bohemian, bizarre, Jewish, hippie not Mormon family. Sarah Penna:So, my parents owned this construction company and became relatively successful with that but my dad has curse, as I do, which is, always coming up with new ideas and deciding to act upon them. He had a Japanese restaurant and he had a furniture company and he had an emergency preparedness kit company, and I- Chris Erwin:Would he do all of these at the same time as the construction business or would it be like stops and starts and all of that? Sarah Penna:No. My mom held it down. She really was the mastermind behind the construction company. She did all of the office work and made sure ... she really ran the company and then my dad was kind of the face of it. He was out at the job sites and in the early days, was actually doing the building. So, I got to see my mom be in this, talk about a male-dominated industry. She would come home so mad because she would get a piece of mail that ... her name's Paula and they would always address Paul, because they couldn't believe that a woman was running a construction company. So, I got to see this powerful woman running this super successful business in basically a hundred percent male-dominated industry. Chris Erwin:Sarah, I've known you for over 10 years and we worked together intimately for at least three or four of them. I had no idea about your background. I just learned more about you in two minutes. It took a podcast and a 10-year relationship to get here. Sarah Penna:That's totally my bad. Chris Erwin:All good. So, okay. As a kid, when your father dabbled in all these new business adventures, was that really exciting for you guys? Maybe frustrating for your mother, but as kids you're like, "Oh, dad's up to some cool stuff again." Sarah Penna:Yeah, it was fun. I was 15 when he did the Japanese restaurant and I got to work in the restaurant and just, it was cool, and I didn't realize the stress and the financial burden that it was putting on my mom and kind of how frustrating it was for her but I see that now, looking back, and she handled it amazingly. She's an incredible woman. But I'm a very early riser, and as a kid, I would ... my dad is, too. He would get up at four or five in the morning and I would, too. He would just load me up in his construction truck and we'd go get pancakes and go milk the goats and go check on his construction sites. So, I got to see the inner workings of that. Then, I love going to the office and rifling through my mom's office supplies. Chris Erwin:Well, I got some important Post-it notes here, got a yellow legal pad, all the things. Sarah Penna:It was so fun as a kid. You're like, pens and Post-it notes, and the office supply closet was just like this heaven. Chris Erwin:My dad, he ran a psychology business and still does for 40 years and had his own office, and then every year he hosted a conference. One of my favorite things is that he would hire his children, me and my twin brother, and we'd have to lick 500 envelopes and put stamps on them. But we got to use all of these office gear, we thought it was the coolest thing ever. Then, after a few years, we're like, "I think we're getting sick from all of this stamp-licking." Sarah Penna:Yeah, probably. Chris Erwin:But separate story. Sarah Penna:That's really funny. Chris Erwin:So, a question, watching your father's entrepreneurial endeavors and also your mother, too, running the business, did you feel like, "Hey, when I grew up, I'm going to have my own business too." Sarah Penna:Honestly, no. So, I was an incredibly shy child. I was very quiet. My family likes to joke that they thought I was just going to buy a cabin in the woods and just frolic in daisy fields and that would basically be all I could handle. So, to the shock of everybody, of what I wound up doing with my career, so no, I was very directionless. I went to a very intense high school that was a college prep school. There was a lot of pressure to kind of figure out what you wanted to do. Frankly, I just didn't have any passions. I wasn't thinking, "Oh, I want to take over the family business or I want to be an entrepreneur." I didn't even have that language. Sarah Penna:So, in a way, that was great because what I wound up doing didn't exist when I was little. If I had said, "Oh, I want to be a lawyer or an actress or what ... " something that did exist, I don't know that I would've found the path that I did find. My parents never called themselves entrepreneurs. They were just, this is what we do and this is how we do it. Chris Erwin:Very interesting, Sarah. So, I'm going to put the puzzle pieces together here. Let's talk about another formative event growing up. You had also mentioned that you studied abroad in India, where you actually learned to speak fluent Nepalese. So, tell us about this transformative moment for you. Sarah Penna:Like I said, I was a very shy child. In college, I kind of blossomed, but maybe in the wrong ways. I partied a lot and just, again, was quite directionless. I was a literature major, which is just like the lazy ... No, I love being a literature major, but it is a non-major. It doesn't really set you up for business success. Originally, actually, I was going to travel. I was going to study abroad in Italy and I had this moment where I just looked at myself and said, "You need to push yourself right now. This is a moment." My college had an incredible study abroad program in Nepal. Sarah Penna:Long story short, they couldn't do it in Nepal. There were some civil unrest, so they moved it to India. I went to India and I lived in a place that didn't have running water, and I did my laundry for six months in a river. I got perspective that I never would've had. During that time I met up with a documentary film, I will say, crew in quotes, because it was just two white dudes traveling around not knowing what they were doing. They were in this tiny little village that I was staying. I was living in a monastery and because I spoke the language I could just hang out with the locals. It was very funny to them that this tiny
This interview features Dev Sethi, Head of Sports at Instagram. We discuss being separated from his twin in highschool, his side door into sports at YouTube, launching the first sports MCN at Whistle, why NIL is this century’s most important breakthrough for athletes, why he left the incredible team at Complex for Instagram, and the metaverse’s impact on the personalization of sports.Subscribe to our newsletter. We explore the intersection of media, technology, and commerce: sign-up linkLearn more about our market research and executive advisory: RockWater websiteFollow The Come Up on Twitter: @TCUpodEmail us: tcupod@wearerockwater.com---EPISODE TRANSCRIPT: Chris Erwin:Hi, I'm Chris Erwin. Welcome to The Come Up, a podcast that interviews entrepreneurs and leaders. Dev Sethi:One of the things that I love sharing with the teams that I've managed, and the individuals I've managed and that's important to me is how do you empower those team members' voices, whether you're to 23 and out of college with no work experience, or 35 and have been in social, and digital, or in sports for decades plus, we all see what we do, our industry, what's happening differently than anybody else, and almost by sheer virtue of who you are and the life experiences that we all bring to these jobs. So if I'm, as a manager, as a team leader, able to create an environment or a safe space for people to share, that's how we're going to get better. Chris Erwin:This week's episode features Dev Sethi, Head of Sports at Instagram. So Dev was born in the DC metro area, the first generation immigrants from India. Then in high school, Dev's life journey took a big turn after a traumatic family event and some wise words from a teacher which inspired him to become school president and captain of both the baseball and basketball teams. Dev then went on to Notre Dame, and soon after found a side door into sports media at YouTube's new partnership. He then left to help build digital communities at publishers like Whistle and Complex. But after a heart-to-heart with his mom, Dev reverted course, and returned to big tech as Head of Sports at Instagram. Chris Erwin:Today, Dev is shaping the future of sports fandom. Some highlights of our chat include being separated from his twin in high school, launching the first sports MCN, why NIL is this century's most important breakthrough for athletes, and the metaverse's impact on the personalization of sports. I've known Dev for over five years. He's one of the sharpest and kindest minds in the digital verse, I'm grateful to help share his story. All right, let's get to it. Dev, thanks for being on the podcast. Dev Sethi:Thank you for having me, nice way to spend my Wednesday afternoon. Chris Erwin:Yes. And appreciate it because I think you had some last minute dental work that was just done this morning, is that right? Can you still talk? Dev Sethi:Yeah. I don't know if folks are going to consume this entirely audio or even visual, but got last minute dental work done this morning so part of my mouth is still numb, Chris might see me drool out one of the sides of my mouth. But hopefully, I'm not slurring my speech too badly, and I promise you, if I am, it's because it's because of the Novocaine, it's not because of any other reasons. Oh, here we go. Chris Erwin:Well, Dev, what I can say is I think you sound great, and I don't think many of our listeners will be able to see the video, but you look great as well, as always. So you're good to go for my book. Dev Sethi:Making me blush already. Okay, let's do this thing. Chris Erwin:All right. So with that, Dev, let's rewind a bit and let's talk about where you grew up, your childhood interests and if there may any glimpses into what you were going to do in your sports media career from an early age, in some of our prep chats, you're telling me about growing up in the DC metro area, is that right? Dev Sethi:That is correct. And it's actually where I'm currently based as well, but grew up in Nolan, Virginia, literally adjacent to Washington DC. My parents are immigrants from India and that's where they ultimately ended up settling. So I'm certain that folks that are listening to your podcast can sympathize with me being a long suffering Washington area sports fan, that's basically epitomized my experience being a sports fan in this area, but grew up here and had a great time. It's actually quite a diverse area, and for those who have been to Nolan, Virginia and the DMV overall, it's changed quite a bit since I was a kid, it's virtually night and day how much this area has evolved over time. Chris Erwin:Your early household, growing up, were your parents into sports, immigrating from India? Did they have ties to the US leagues, and sports programs, or international? What was that like? Dev Sethi:Yeah, nothing prior to them arriving on these shores. My father was a sports fan and played sports growing up, but very different sports obviously in his own country than the US. But for certain listeners who I'm certain have had the same experience as I've had, but sports was and is an incredibly powerful way to assimilate into a new place, whether it's a new community, a new state, or let alone a new country. And so my father quickly adopted American sports as an interest, a hobby, an enthusiasm. And again, for those who are familiar with this area as much, there is a thriving Indian community or South Asian community in the DMV. And one of sort of its rallying cries was and is sports. Dev Sethi:And so, I have a lot of great fond childhood memories of going to Washington watch parties, and when you're showing up for Thanksgiving, the guys show up early, because they want to watch all three games on Thanksgiving before anyone starts feasting. And it just really was a big part of my growing up. And I think a great way for my parents to get comfortable in what was then an unknown environment for them, So it's a really big part of, I think, my personal history as well as my parents history. Chris Erwin:And did you have siblings that were also consumers of sports as well? Dev Sethi:I have an older brother who is four years older. He's not in this industry, so he will likely never listen to it so I can trash his athletic gifts. I think he played soccer and basketball but sort of gave it up early-ish in his life to focus on being more of an academic, which is why he's a lot smarter than I am. But I also have a twin brother who is equally a sports junkie, a passionate fan of pretty much all things sports. And he and I played basketball and baseball growing up together, and we were watching sports ourselves. So a very big sports house so I like to joke that I missed out on all the Disney movies like Cinderella and all those kinds of movies Beauty and the Beast, I have watched virtually none of them because on Friday, Saturday and Sundays, we normally have a sporting game on TV. Chris Erwin:I've known you for a few years now. And I don't think I knew that you were a twin. I'm also a twin as well. Did you know that about me? Dev Sethi:I did not know that about you, wow. Identical over fraternal? Chris Erwin:We are fraternal, but we look a lot alike. He took a very different career path than me, he's in the military, 82nd Airborne at Fort Bragg, ranger qualified, so he's just at a physical level that is well beyond where I'm at. But it's funny, thinking of growing up with him, I grew up in my family, we didn't watch a lot of sports, but we played a lot of sports. My brother and I were very athletic and active growing up. So when you said on Friday, Saturdays and Sundays, you weren't watching Disney movies because you are consuming, my brother and I, we would get up at 6:00 AM and go hit the basketball courts at like 6:30 or 7:00 on a Saturday. As soon as it was like my parents were up and we were allowed to get out of the house. That was what was fun, was having a twin, you always had someone to play with. Dev Sethi:Yeah. I don't know if I saw those early hours on the weekends very often as a kid, but to your point, having a partner in crime in more ways than one, and someone who literally is an activity partner. It's actually interesting for he and I, and he would attest to this, so growing up, I hated basketball and I loved baseball and he hated baseball and loved basketball. And you'll appreciate this as a twin and with your parents, my dad said, "Well, tough shit. I'm not driving you all to a million different activities, you're going to do these things together." Dev Sethi:And so, we ended up participating in these sports together. And again, the irony of it all is that I love basketball now and played it through high school and then intramurals in college, and he played baseball through high school as well. And so just one of these deals where sort of the forcing function of, "Hey, this is sort of you're a package deal." And parents aren't only chauffeurs, let alone when they've got two the same age that have various interests. But no, we played a ton of sports growing up, and to your point, hit the park and go play pickup together because you already got two out of the five people you need for a team, right? Chris Erwin:It's funny you say that, Dev, because I still give my parents, to this day, flack for not letting me do travel soccer. I was really good. And they were like, "No, Sundays are for going to church and other family activities." And I was like, "I don't need you guys to drive me. I have other other friends' parents that'll drive me." And I could have been this great star, but that's a... I'll leave the rest of that story for my therapist. A question that I have for you is you go to Notre Dame, and did you have an intent of getting into sports media when you were going to school and thinking about when you wanted to graduate or were you thinking about something else? Dev Sethi:I had, and I'm assuming I am like many former and current college students, where I really h
This interview features Brian Volk-Weiss, CEO at The Nacelle Company. We discuss why betting big on standup specials got him Netflix's first streamer deal, how Iowa taught him about empathy in content production, bombing on stage and the genius of comedians, producing The Movies That Made Us, toy shopping as therapy, and why he'll retire when his first feature film is greenlit.Subscribe to our newsletter. We explore the intersection of media, technology, and commerce: sign-up linkLearn more about our market research and executive advisory: RockWater websiteFollow The Come Up on Twitter: @TCUpodEmail us: tcupod@wearerockwater.com---EPISODE TRANSCRIPT: Chris Erwin:Hi, I'm Chris Erwin. Welcome to The Come Up, a podcast that interviews entrepreneurs and leaders. Brian Volk-Weiss:I'm shocked any of this worked. So much of what we built was theoretical for so long. And the fact that there's almost no greater feeling than watching the moment a theory becomes a fact. We were making stand-up specials at scale, 20 to 30 a year for years spending millions and millions of dollars. We didn't know if it would work or not, probably until year seven. We started this plan in '08, and I didn't know it would work for sure until 2014. Chris Erwin:This week's episode features Brian Volk-Weiss, the founder and CEO of The Nacelle Company. Brian grew up in Queens with an early love for the Star Wars in 1989 Batman films. But upon realizing these worlds weren't based on reality, but instead imagined through the magic of Hollywood, Brian fell in love with filmmaking. So after college in Iowa, he moved to LA to become a production assistant. He then took an early career bet on producing a catalog of stand-up comedy specials, which almost bankrupted him, but the bet paid off big and enabled Brian to found his own production company, which is behind hit titles like The Movies That Made Us on Netflix.So Brian exudes an incredible love for his work, as well as constant amazement he's got to where he is today, which makes telling his story really fun. Some highlights of our chat include why comedians are geniuses, empathy and content production, doing Netflix first streamer deal, toy shopping as therapy, and why he'll retire when his first feature film is green-lit. All right, let's get to it. Brian, thanks for being on The Come Up Podcast. Brian Volk-Weiss:Thank you for having me. Very honored. Chris Erwin:Awesome. Let's rewind a bit. And why don't you start with telling us where you grew up and what your household was like? Brian Volk-Weiss:I grew up in Queens, New York. Was born in the late '70s. It was my mom, my dad and me and that's it. Chris Erwin:And early on, when did this love for toys, entertainment, storytelling, when did that really come to be? Was there a glimpse in your pre-teen years or as you were growing up in your house, any inspirations from your parents? Brian Volk-Weiss:I obviously, I got to get my mom credit because at three years old I could not have bought my own ticket to Star Wars. So I guess I can give her credit for my whole career in that regard. But I'm very lucky. It's the luckiest thing in the world. I saw Star Wars when I was three and I was so young, and by the way, everything I'm about to tell you, I have no memory of whatsoever, but my mom told the story her entire life. So I have it memorized. But basically at three years old, I did not know the word documentary, but basically the way my mom described my reaction to seeing Star Wars, it was as though I thought it was a documentary. Brian Volk-Weiss:And you have to understand, my mom was one of the first women to get a PhD from St. John. My dad was a lawyer. It was very concerning to them that their son for months, when he was asked, "Hey, what do you want to do when you grow up?" My answer was, "I want to fly an X-wing fighter. I want to join the Rebellion." And I mean, this really freaked my parents out. So my mom bought me this book that I still have, that was about the making of Star Wars, but it's written for five-year-olds. And I opened the book, the Death Star that was supposed to be the size of the moon was only six feet across C-3PO. There was a picture of his helmet off and it's Anthony Daniels. Brian Volk-Weiss:From that moment, and by the way, before that I wanted to be a limousine driver, just to show you how young I was. When people would say, "What do you want to do?" "I want to be a limousine driver." And then they'd say, "What do you want to do?" I'd say, "Oh, I want to join the Rebellion." After I saw the book, when they said, "What do you want to do?" I would say, "I want to make movies." And I mean, I've never wanted to do anything else ever. Obviously, now that includes television, but that's what led to it. Chris Erwin:Okay. And were you involved, in your pre-teen years or in high school involved in the theater in any capacity where you're writing stories, any of that? Brian Volk-Weiss:So I wasn't involved with the theater. I did one theater thing in college and that was what it was, but I did make little movies all the time. I made five-minute short film. By the way, I do have to say, when it was really hard to do, I mean, forget about shooting on 16 or even 8mm film, the camera I had literally shot on VHS tapes. It must've been three or four feet long. And by the way, that was the easy part. Editing in those days, I mean, you had to buy a machine for 250 bucks when my allowance was $5 a week. I mean, it was not easy to make these films, which by the way, were all garbage. I mean, they were terrible films, but yes, I did a lot of that. I did crappy little films in high school, a lot of them. Chris Erwin:I imagine you're casting your neighborhood friends and your peers. And were you getting some feedback of like, "Hey Brian, there's something special here. You're really good at this. You have some good vision. You're telling stories that need to be told, or you see things in a different way." Were you getting any early feedback like that as you're starting to put together your first contents [inaudible 00:06:03]? Brian Volk-Weiss:So I don't want to make you seem like my parents and friends were jerks, because they were not, but I made crappy movies and they were crappy. So nobody could look at them and truthfully say, "Oh, Brian, this is great." I mean, I'll tell you this, I was in show business for at least 10 years before my parents realized, "Oh wow, he might have turned this into a career." They were in denial my entire high school and college time that I would turn this into a career. Like I said, both of them were children of immigrants. They wanted me to be a doctor or a lawyer or a dentist. The whole idea of going to show business with no job, I didn't know anybody when I got here. Brian Volk-Weiss:So again, their personalities, but I really do think being the offspring of immigrants that had to flee the Holocaust and everything, I chose a very risky career path. Chris Erwin:Understood. Like you noted, your parents were looking for the traditional route for you, for stability, for something was familiar for your parents who are immigrants coming to a country that was unfamiliar to them, trying to find things that were stable and known. And you're like, "No, that's not for me. I'm going to give something else a go." So you make a decision that this is the career for you, but when you go to University of Iowa, were these ambitions in your sites? Were you planning to go into the entertainment business then? What was your focus on for your study? Brian Volk-Weiss:Again, I never wavered for a billionth of a second from this being my career choice ever since I realized that Star Wars was fake. So it was always the plan. Like I said, not only were my parents highly educated, all of my grandparents were also, my grandfather was a doctor. My other grandfather was a dentist. And even the women, which traditionally, 100 years ago were not going to schools and becoming doctors and lawyers and stuff, they were also very ambitious, very hard working. So if it wasn't for that, I wouldn't have even gone to college. I would have gone straight to LA at 18. Brian Volk-Weiss:Because of that, it never occurred to me until I was out of college, long out of college that I could have skipped college. But I did know when I chose where I went to school, it was irrelevant to my career. So that gave me a lot of freedom not to go to NYU, not to go to UCLA. I decided it was more important to me to have an experience that I could carry with me throughout my career, which I got to tell you, I think that was in retrospect one of the better decisions I've ever made for myself, because whenever I'm trying to look at things, should I green-light this or should I green-light that or whatever? I have a million friends in the Midwest. And a lot of people that I know, the majority of their friends are in LA or New York. Brian Volk-Weiss:So I get this point, I was in Minneapolis this weekend, this past weekend, was like eight or nine people that I know there. So that's who I think of when I'm making creative decisions, especially in the editing bay, by the way. Chris Erwin:In a way, are you saying that you can empathize with a broader audience mix than maybe those that have lived and grown up in LA, or the LA consumer is all they know where you're like, "No, I've traveled from east to west, in the Midwest. I've been in parts of the country where others have not. And I understand what they care about, what they don't care about, how they communicate with one another." Brian Volk-Weiss:Absolutely. I mean, 100%. And just to use a non-show business example, if I only had LA and New York friends, I would have a point of view of Trump that I do not have because of my Midwest friends. I still hate the guy's guts, no offense to anyone who likes them. And I respect your opinion if you like Trump. And I think I get that because I have friends in the Midwest, because I have f
Doug Bernstein is the GM at Bleacher Report's House of Highlights. We discuss what he learned from launching his own fantasy sports website, predicting the future of sports fandoms, how he convinced Turner and Bleacher Report to buy House of Highlights, why he’s inspired by Faze Clan and 100 Thieves, and fulfilling his destiny as a sports media savant. Subscribe to our newsletter. We explore the intersection of media, technology, and commerce: sign-up linkLearn more about our market research and executive advisory: RockWater websiteFollow The Come Up on Twitter: @TCUpodEmail us: tcupod@wearerockwater.com---EPISODE TRANSCRIPT: Chris Erwin:Hi, I'm Chris Erwin. Welcome to The Come Up, a podcast that interviews entrepreneurs and leaders. Doug Bernstein:Very early on in House of Highlights' lifespan, I became a really big fan of the account. I think we had about 500,000 followers. At this point, we would have these quarterly board meetings, and I ran through this deck, which outlined our pivot to social, and on the last slide, I had something that I really did not want to be a throw away, but I kind of was like, there's a good chance this is going to be a throw away, was like was this pitch to acquire House of Highlights. Luckily enough, the people in that room, again, didn't dismiss it. They were like, "Okay, make it happen." Chris Erwin:This week's episode features Doug Bernstein, the GM of House of Highlights, which is part of Bleacher Report. Doug grew up in Long Island and actually predicted a sports media career in third grade. In just middle school, he was making his own football cards. And while in college, accidentally ended up running the school paper and public access TV channel where he cut his teeth learning how to sell ads, be on camera and inspire a team. Then Doug got his real digital education when he went to AOL to run sports and news blogs. There, he realized that the next fandoms would be powered by user generated content and social media. So, he made the jump to Bleacher Report. Chris Erwin:At Bleacher, he ended up leading the acquisition of House of Highlights and now runs one of today's most exciting sports media brands. Some highlights of our chat include what he learned from responding to 400 blogger emails per day, how he convinced Turner to double down on digital, why he is inspired by FaZe Clan and 100 Thieves and fulfilling his destiny as a sports media savant. Alright, let's get into it. Doug, thanks for being on The Come Up podcast. Doug Bernstein:My pleasure, very excited to be here. Chris Erwin:Let's zoom back a bit and let's talk about where you grew up and what your household and parents were like. So I think you mentioned you grew up in Long Island, is that right? Doug Bernstein:That is correct. So I grew up in a town called Garden City, which is a suburb of New York City. It was me, my brother who's three or four years younger than myself and my mom and dad. And we just grew up in a really, really big sports household. A lot of my earliest memories are in and around sports. My dad loves to tell a funny story like when I was one, he was supposed to watch me and he got stuck on the WFAN call radio. My mom came home, I had a wet diaper crying, screaming, and he was still online to talk about the Yankees. I grew up playing a lot of soccer, watching a lot of basketball, playing soccer, basketball, and lacrosse. And then really just became infatuated with the Giants, the New York Giants, at a very, very young age. Chris Erwin:I was actually going to ask, what were the teams of your household? Who did you guys root for? Doug Bernstein:I am a very big and loyal diehard New York Giants fan. My brother has been more Jets but also somewhat of a colors guy. Like if they had good colors, he'd go in that direction. And my dad has always ... We've never had a set team, but I've always been a really, really big Giants fan to the point that I think it scared my parents when I was younger. I remember when I was in the third grade, the Giants had a loss and I put a note under my door. I went upstairs, put a note under my door and was like, "I'm not coming out until the start of next season. Knock on my door, put rice crispy cereal at the door, I'll eat it, but I'm going to stay in my room until the start of next season." Chris Erwin:How long did that last for? Doug Bernstein:I think it lasted until the next morning. I think my parents gave me a full Sunday, we're not going to bother him, and then Monday, "You got to go to school." We went to a lot of St. John's basketball games growing up, and that was a really formative experience. I loved going to those games with my dad and with my brother and being part of that atmosphere. Chris Erwin:What did you like about the live experience? Doug Bernstein:It was just everything. It was so cool to be able to watch the games, but also I think what I really gravitated towards was the people and the connections that were being made. So, every year, there'd always be the same older couple that would sit right in front of us, the same people that would sit behind us, next to us, and kind of those friendships and that comradery. I even remember when you're in kindergarten, first grade, these people you see them and then you see them again all the way through middle school. It's a really unique experience to have that. I grew up in a very non-religious household, so we rarely went to church, we rarely went to temple. Chris Erwin:The sports arena was your temple? Doug Bernstein:Exactly. So sports was that place where you congregated. I always remember when I'd go to church, there'd be that moment where you take people's hands and say peace be with you. And I would always feel like when I was at a game, it was the heightened version of that where you're clapping, people going crazy and having that feeling. So, I love being able to go to games. I think that was really, really formative for myself. Chris Erwin:You're going to games with your family I imagine through your early years and in middle school, was there a feeling like I'm probably going to end up in sports in my career in some way? When was that early glimpse? Doug Bernstein:I remember in second grade I would have to write journal entries, and I would write these five-page journal entries every Monday about the Giants recap. And then every Wednesday would be this three-page recap on the St John's game. And the teacher was like, "Why are you writing such long things about these sports when you're supposed to write about what you ate for breakfast and what you did with your friends?" So I remember that very distinctly standing out. I remember very distinctly in third grade, and my mom saved it, we were supposed to write about what it was we wanted to do when we were older, when we had a real career, and I wrote be a professional soccer player or work for ESPN. So I really was not good enough to be a professional soccer player but did end up working for ESPN. Doug Bernstein:And I was really lucky that I have parents that fostered it where we went to Bristol when I was in fourth grade and visited the ESPN campus. All of our vacations, we went to watch Duke in North Carolina. I don't know how my mom tolerated all this. We went to watch like US soccer in San Diego. A lot of our vacations as a kid were geared towards going to these sporting events. Chris Erwin:Oh wow. Doug Bernstein:It was really fun. I didn't really have a great context for work because my grandfather had started a company, my dad worked for that company, my uncles had worked for it. So there was always this, "Oh, that's the path is we worked for this family business." Chris Erwin:Was it sports-related at all? Doug Bernstein:No, no. I like to say they make like widgets. They may start off making fuses for TV, they make computer components, just a lot of little electrical equipment type stuff. So it was the furthest thing from my interest area. But as I got older, I was lucky enough to break into sports and not have to pursue that. Chris Erwin:I think you had also mentioned too, did you, at an early age, have to create your own basketball cards and fantasy football mag? So you had some sports entrepreneurship in you at an early age too? Doug Bernstein:I'm definitely putting my sports nerd hat very heavily right now. I was going through all our old boxes of cards, when cards was having a big resurgence of late, and I stumbled across a Kobe that should've been worth 40,000 but the edges were dented, that was heartbreaking. But I also stumbled across all these cards that I would make. Tim Duncan, Randolph Childress, Samaki Walker, all of these guys, Vince Carter, Antawn Jamison, I would made ... They didn't make college basketball cards, so I would make their card. I'd have an index, I'd get the magazine. I'd print up a little ... Like cut out the picture, find all their stats, write the stats on the back, give them a little bio. When I didn't have the pictures, I would draw. I liked to do a lot of art as a kid, so I would do that. I'd make little fantasy magazines and things of that nature which were always really fun. Chris Erwin:Were these just for you or were you selling these to your friends? Doug Bernstein:I'd sell them to my brother basically. Chris Erwin:Keep it in the family. Doug Bernstein:Right. Me and my brother would constantly be collecting basketball cards, trading them. And then we would build little teams that my dad or my dad's friends would then judge. So we did a lot of that. We played backyard basketball. In my mind, what I mean is like, "Okay, we're playing backyard basketball, but we need to make a league out of this." I was making jerseys in the fifth grade for all my buddies to play in this not official backyard basketball league. So I've kind of always had that in me. Chris Erwin:I didn't realize that you had such a creative bent to you as well. Very interesting to hear this. I look at you as the data, analytics and strate
Alison Eakle is the EVP and Head of Creative Development at Shondaland. We discuss how imagining movie posters makes her a better creative exec, being a co-EP on Netflix’s #1 show Bridgerton, why she’s racked up so many recent promotions, and being part of new Hollywood’s most groundbreaking streamer partnerships. Subscribe to our newsletter. We explore the intersection of media, technology, and commerce: sign-up linkLearn more about our market research and executive advisory: RockWater websiteFollow The Come Up on Twitter: @TCUpodEmail us: tcupod@wearerockwater.com---EPISODE TRANSCRIPT: Chris Erwin:Hi, I'm Chris Erwin. Welcome to The Come Up, a podcast that interviews entrepreneurs and leaders. Alison Eakle:I'll never forget there was... The current assistant had put out a job posting. And how this works in Hollywood is you'll see jobs on things called tracking boards or emailed chains, but they always say, "No phone calls, please. Just email your resume." Right? And I was like, "I'm going to call him." And I did. And I just called him and I was like, "Look, I did not come up through the agency feed. I don't have the required experience, but I swear to God the desk I'm on is harder than any agency desk you can imagine. And I'll tell you why if you meet me for like 15 minutes." So we did. We literally met in the middle of the lot at Paramount. He was like, "You know what? I think my boss would like you." Chris Erwin:This week's episode features Alison Eakle, the EVP and Head of Creative Development at Shondaland. Alison grew up on the Jersey shore, actually my same hometown. She loved the arts since an early age, traveling to New York City for auditions as a young teenager, but she was planning to give it all up at Georgetown for career in politics until she had a breakthrough moment in her screenwriting class. Alison went on to get her MFA at UT Austin and then had roles in some of the most exciting production houses in Hollywood, from Paramount Vantage to Columbia Pictures and working for Ellen DeGeneres. Then a serendipitous moment took her to Shondaland where her career has been on fire. Some highlights of our chat include how imagining movie posters makes her a better creative exec, being a co EP and Netflix is number one show bridging that where she's racked up so many recent promotions and being part of new Hollywood's most groundbreaking streamer partnerships. All right, let's get into it. Alison, thanks for being on the podcast. Alison Eakle:Thanks for having me, Chris Erwin Chris Erwin:Very well, Alison Eakle. We got some history between us. Alison Eakle:That's right. Chris Erwin:So let's go back a bit. Where did you grow up? What was your household like? Alison Eakle:So I grew up in Rumson, New Jersey, which is a bit of a towny suburb, as they say, in the Northern part of the Jersey shore obviously. Well, I grew up the only child of Wall Street parents. Parents who had met kind of working at Wall Street in the '70s at a time that I've heard many incredible stories about. And it's interesting because when I was eight, there was a big stock market crash. And my dad was all for Morgan Stanley and my mom inspired him to start their own company, a financial investment advisory firm called Eakle and Associates. And so it's interesting I haven't really thought about that a lot, but I did watch my dad face what is one of my worst fears, that idea of just suddenly everything kind of pulled out from underneath you and I watched them together kind of build something new. Chris Erwin:Did your parents both work for the company? Alison Eakle:Oh yeah. My mom was VP, he was president and basically it was just a three person operation. And my dad, he had clients that he would manage their portfolios, but he put out something called the Eakle Report every week and would have to find really creative ways to talk about the stock market, which Godspeed to him because I wouldn't touch it with a 10 foot pole. I have no idea how to talk about the stock market. My mom ran all the logistics, taught herself computers at that time and really brought her up to speed fast. And they had that company for a long time until their divorce, which I have no idea what role the company played in that, but they definitely had it for, it was over 10 years, really successful. So that's kind of like what I grew up in. And I was very privileged. I came from a place of a lot of privilege where I went to private school. Chris Erwin:RCDS? Alison Eakle:RCDS, Rumson Country Day School, big shout outs, still very loyal to that school, that little short brown stone church on the corner. Chris Erwin:Are you still involved with the RCDS community? Like I have the friends from school I'm still in touch with, but I'm not giving back or anything like that. Well, maybe I should rethink it. Alison Eakle:No, I am not as involved as I want to be. I did have like a strange fantasy that one summer I'd go back or one year I'd go back to my 20s and substitute teach there. I don't know where that came from but- Chris Erwin:On the theatrical program? Alison Eakle:Yeah, why not? I'll do so. I love a school play. I love that. I love something roughly adapted from children's literature into strange costumes and children sputtering around on a stage, but it was just such a surreal experience because it was so safe, so incredible. I feel like that experience really formed me even from kindergarten on. And it was across the street from Bruce Springsteen's house. So what a quintessential New Jersey experience really? Chris Erwin:Yeah. I remember walking down Bruce's driveway on Halloween. He always would give out like the supersize snicker bars. Alison Eakle:Yeah. And [inaudible 00:04:44]. Chris Erwin:It was always like, we got to go to Bruce's house then we'd go to Bon Jovi's house. That was like such a fun thing. Alison Eakle:Yeah. That's very dead on. I grew up there riding bikes to the beach, just walking around the neighborhood. They're a very arcade fire of the suburbs kind of existence, but with the modicum of real safety that I so appreciate now and also again realize how lucky I was in a lot of ways. Chris Erwin:So I have to ask, your parents are to business, it's just funny to hear that. I just recorded a podcast last week with Naomi Shah, the Founder of Meet Cute, it's a new romcom podcast network. And her parents started a technology business based out of Portland, Oregon. And so it's just funny that now like a week later I'm interviewing you and your parents started a business together as well. There is an entrepreneurship vein in your family. So was there a theme though about your interest in the arts that came from your parents or did that come separately? Alison Eakle:That was from really my aunt and uncle. And look, my mom was one of those people who did leave her job when she had me, but continued to have that kind of type A excel at anything she put her mind to it personality. She was somebody who played the organ. We had like a Hammond organ in our living room now that I think about it. She had interest in music and musicals and all of that thing and certainly was very supportive of the arts, but wasn't necessarily kind of ensconced in it. Whereas my aunt had been an actress since the day I was born, my uncle had been an agent at Theatrical Agent in New York, but also run his own company called Cornerstone up until he died. And so for me... And they were much younger than my parents. My mom is like 12 years older than my aunt. Alison Eakle:So they were this cool young aunt and uncle really ensconced in show business. They took me to my first Broadway play Les Miserables when I was 10. I felt incredibly like I had a model to look at of like what would a life in that business look like. And I definitely was born with the bug and loved trying to get the solo in school plays or whatever it was. And eventually my parents did let me act as a kid and tried to make a go of it professionally. And I was represented at a now defunct agency called J. Michael Bloom. Chris Erwin:What age is that, Alison? Alison Eakle:So this is like, by the time I'm actually wrapped I'm 13. So this is like '93, which is a very awkward age to be putting yourself out there. But for whatever reason, I was really into it and loved it and had some close calls. I got to do a callback in a room with James Ivory for Jefferson in Paris, a role that eventually went to Gwyneth Paltrow, which I think the better woman won. They aged it up and gave it to her, I remember, but it was such a cool experience too for a year. My parents were very anti stage parents. They were like, "Look, you clearly have some bit of talent in this and you really want to try it. We'll let you try it. But it's going to be for a small amount of time." It was only like maybe a year and a half, two years and then you really do have to go back and focus on like high school if it doesn't click, if there's not for me. And I only went out, I didn't go out for commercials. So it was sort of- Chris Erwin:Did you take time off from school at all for this? Alison Eakle:RCDS was really lenient in the sense that if I had to leave at three o'clock for like an audition in the city or to do a reading for an off-Broadway play or whatever it was, I could be flexible, but come close as I may have, I never got the big part that would have necessitated the on-set tutor. Chris Erwin:Did you feel at an early age, a clear interest in the arts and that, hey, this is going to be my career, this is where I'm going to be? Alison Eakle:I think if you look at my life in general too, and we'll talk about this, it's so funny because that clearly was always had such a strong pull that even when I tried to divert myself to more stable or a prestigious academically kind of bent careers, like politics and things like that, somehow it would just find me again and kind of pull me back to acting, writing, performing, creating, that side of things. Chris Er
Naomi Shah is the founder and CEO of Meet Cute. We discuss Naomi's early passion for STEM, being a Goldman Sachs equity trader, leaving VC to be a founder, why a rom-com podcast network solves a problem in the wellbeing market, raising $6M of capital during COVID, and how a non-Hollywood background makes her a better media entrepreneur.Subscribe to our newsletter. We explore the intersection of media, technology, and commerce: sign-up linkLearn more about our market research and executive advisory: RockWater websiteFollow The Come Up on Twitter: @TCUpodEmail us: tcupod@wearerockwater.com---EPISODE TRANSCRIPT: Chris Erwin:Hi, I'm Chris Erwin. Welcome to The Come Up, a podcast that interviews entrepreneurs and leaders. Naomi Shah:At the early stages, it was exploratory, "Let's make one of these stories, let's figure out how this process works." I was actually on the investment team at USV when I started working on this idea. I had a really close relationship with the partners at USV, two or three months into building this, they said, "Why don't you come in and pitch us more formally." And that was a crazy experience of being in the same room that I'd sat in for the last two years listening to pitches and being on the other side of the table pitching my old colleague. Chris Erwin:This week's episode features Naomi Shah, the founder and CEO of Meet Cute. Naomi grew up in Portland, and one of her earliest memories is not just learning to walk, but specifically walking to the local science museum. So from an early age, Naomi had a love for STEM and actually ended up going to Stanford to study mechanical engineering and human biology. But, her early career took her to Wall Street, first as an equities trader at Goldman Sachs, and then as an investor at Union Square, focusing on the intersection of entertainment and wellbeing. But after hearing hundreds of pitches and learning the power of story to convince her partners to invest, Naomi only decided to flip the script. Chris Erwin:She felt a large portion of the wellbeing market was under invested, and so wanted to create a product that mirrored the benefit of tech-powered health solutions, but done differently. And so Meet Cute, the rom-com podcast and modern media company was born. Naomi is one of the youngest founders I've interviewed on the show, and it was a lot of fun getting to know her over the past couple of months. Some highlights of our chat include growing up a tomboy, her love for the "Flubber room", how her family inspired her workplace culture, raising $6 million of startup capital during COVID, and how a non Hollywood background makes her a better media entrepreneur. All right. Let's get into it. Chris Erwin:Naomi. Thanks for being on the podcast. Naomi Shah:Thanks for having me. I'm excited to be here. Chris Erwin:As we always do, let's dive back a little bit. I'm curious to know a little bit more about where you grew up and what your household and parents were like, so tell me about that. Naomi Shah:I grew up in Portland, Oregon, loved growing up there. I always say it's like a small little big town. It has all the elements of a big city, but just geographically smaller, fewer people. And I grew up with my mom, my dad and my older brother, Preem. My older brother is two and a half years older than me, I always felt like I was chasing him, following in his footsteps in various ways, and we're still very close. Chris Erwin:When you say you always felt like you were following in his footsteps, was it because of like different hobbies he had or sports or friend groups or things he was doing in school? What do you mean by that? Naomi Shah:I would say when I was younger, I was pretty tomboyish just like in terms of what he did. So if he wore Pokemon shirts, I wore Pokemon shirts, if he was playing Pokemon, I was doing that. If he was like roughhousing with his friends at the playground, I was doing that, I was always kind of chasing him. I would also say that as I grew up, because we both went to the same high school, I was always Preem's little sister in high school, and so all the teachers knew me as Preem's little sister. So it was just always part of my identity growing up. Chris Erwin:And was he excited to have you following him around or was it like, "Ugh, my little sister's here. This is annoying." Naomi Shah:No, my brother is somehow is super mature and always took care of me and was totally fine bringing me around. Even to this day, if he's hanging out with his friends, he's always like, "Oh yeah, my sister's in town, she'll come hang out with us." Chris Erwin:Jumping forward. But describing yourself as a tomboy growing up, and now you run a rom-com podcast network, a little bit of a funny juxtaposition there. Naomi Shah:Absolutely. I think it's hilarious. And even as a tomboy growing up, I loved rom-coms and I identified with a lot of the protagonists in rom-coms because one of my favorite ones growing up, Bend It Like Beckham was about a woman who really loved soccer and her parents wanted her to be the like classic good, perfect girl. And she was like, "Why can't I be that and play soccer?" Same thing with She's The Man. And so I always identified with that type of tension where I knew that I could play soccer, be really good at soccer, and still be a woman. I could really care about science and math and still wear makeup if I wanted to. Naomi Shah:And kind of taking away the tension between those two things was something that was really important to me growing up and something that I really appreciate that my mom spent a lot of time on with me. She's like, "Just because you do science fairs and you like swimming and soccer, it doesn't mean you can't care about what you wear and want to look nice and all of these other things that people associate with being feminine." And so I really liked being able to do both of those, and I think that that's a big part of my identity today. Chris Erwin:Speaking of your parents, you're just talking about your mom, what were your parents like? So we know that you have an early history and interest in STEM, today you're media and entertainment executive. Is that inspired by your parents at all? What did they do? Naomi Shah:My parents ran a company together, it was a software consulting company. And so pretty early on in life, my brother and I were exposed to my parents being leaders. And they would bring work home with them, they would talk about it at dinner, they'd talk about it when we were on family vacations. And so I always saw myself in a role where I was impacting a lot of change in an organization, not really knowing what that meant. More tactically, both my parents went to business school and studied business, so I always imagined that past for myself. It turns out I didn't end up going to business school and I just threw myself into founding. And I feel like I've picked up a lot of the things just by practicing it day to day that I would have learned in business school. Naomi Shah:So I kind of felt like I'd stepped off of their path there, but it was inspired by seeing how they ran a company together when they were in their early 20s and early 30s. Chris Erwin:Co-owners and co-running this company? Naomi Shah:Yeah. Yes. My mom was the president, my dad was the vice president. Chris Erwin:You think of things of like, okay, the family income is not diversified. It's not like if one person loses their job or the company goes under, the other one's okay. But it's also like, they work together, spend so much time together. I'm sure a lot of it went swimmingly, but there's probably times and it was difficult and challenging. Did that come into the home front as well? Naomi Shah:I can't remember that happening. And I think they did a good job of making sure that they protected us from that. To be completely honest, when I was growing up, all I knew is that my parents ran a company together, I didn't really look into what they were doing, what the company did, all of that. So I felt like I was sheltered from that a bit. I'm sure it did. I'm sure that there was a lot of complexities to running a company and they probably had to work through that, and they spent a lot of time together. But I think that they split up the roles and responsibilities both at home and at work in a way that worked really well for them. Naomi Shah:And there was also a lot of flexibility that you get from that, like my mom was there to pick us up from school and if we got sick, she would take care of us. When my mom would travel for work trips, my dad would turn into, we joked he was Mr. Mom and he would make all over meals for us and drop us off to play dates. And so they really shared the load. And I think that that has played into not only like how I see running a company and making sure that people feel ownership over different parts of it, but also how we think about relationships and how work and relationships can be a symbiotic relationship and not in tension with each other. Chris Erwin:That's well put. I was going to ask you, does entrepreneurship run in the family? Clearly. And, what are the values of your parents as entrepreneurs that inspired how you run your company, how you find balance, how you empower different relationships on your team? I think the note that you just gave on that is really thoughtful. Now, it's like middle school going into high school, how early does this theme around STEM interest and passion start? Naomi Shah:I think it starts probably early, early on in our lives. I could imagine learning to walk and going to a science museum around the same time. In Portland, Oregon, there's a science museum called The Oregon Museum of Science and Industry. And I just remember being maybe three or four years old and being in this Flubber room where you could just touch and play around with Flubber, and you're experimenting with how it's made and you're pressing it into different shapes and things like that. Na
Dan Levitt is the founder and CEO of Long Haul Management. We discuss how Dan paid rent while making only $6,000 a year out of college (many side hustles), beating me in an office rap battle, Disney's big miss in digital music, executive producing one of YouTube's premium original series, and what it's like to represent some of the biggest sports and gamer personalities on the Internet.Subscribe to our newsletter. We explore the intersection of media, technology, and commerce: sign-up linkLearn more about our market research and executive advisory: RockWater websiteFollow The Come Up on Twitter: @TCUpodEmail us: tcupod@wearerockwater.com---Chris Erwin:Hi, I'm Chris Erwin. Welcome to The Come Up, a podcast that interviews entrepreneurs and leaders. Dan Levitt:I chose the safer Disney route. Again, I needed to pay the bills. But I made a promise to myself. Every day, I saw someone else doing what I wanted to do. They were the AbsolutePunks of the world. Or there were other people who turned the music blog into an A&R career, or leveraged it in other ways.I'm good at seeing gaps in the marketplace and where could you go in it. I made a promise. The next time I see it, I'm fucking going for it. Chris Erwin:This week's episode features Dan Levitt, the founder and CEO of Long Haul Management. Dan grew up in Boston with an early love for music and yet-to-be-discovered bands. So, after wrapping a few acts in high school and interning at Philly radio stations during college, he kicked off his career by moving to LA with absolutely no job prospects.But after a few A&R gigs at Columbia Records and Disney, Dan was early to see how digital and YouTube were going to transform the music industry. So, he left traditional media and kicked off his digital career, joining one of the early YouTube multichannel networks, company called Big Frame.We actually worked together there. And in less than nine months, I actually had to lay him off. Dan struck out on his own, positioned himself as the YouTube guy for the music industry and started his own talent shop, Long Haul Management.Some highlights of our chat include how Dan paid rent while making only $6,000 a year when he first moved to LA ... You'll crack up at some of his many side hustles ... when he beat me in an office rap battle, executive producing one of YouTube's premium original series, and what it's like to represent some of the biggest sports and gamer personalities on the internet. All right, let's get to it. Dan, thanks for being and the podcast. Dan Levitt:Thanks for having me. Chris Erwin:Awesome. I believe that you're a fellow East Coaster like myself. So tell me, where did you grow up? Dan Levitt:Sure, I'm from a nice suburb of Boston, Newton, Massachusetts. Literally voted safest city in America back when I was younger. So, nice Jewish suburb of Boston. Chris Erwin:Got it. It's funny. I went to underground at Tufts in Medford/Somerville. I think, while I was there, it was rated one of the most dangerous mafia-driven neighborhoods in the Northeast, or all of the US. So, quite the opposite of you. What was your household like? What were your family and parents doing? Dan Levitt:So, one, my parents are both from South Africa. They moved to the US in, I think, '77. My dad went to school for engineering, and then got a job in Boston, and then eventually started his own software business that really had a bunch of ups and downs. Mostly ups, and then fortunately sold to IBM right before the big bubble burst there. So, the timing was fortunate. Dan Levitt:And then my mom was artist. So, had all kinds of different things she would do in the art space, be it theater, be it actual prints and displays and stuff. Chris Erwin:Okay, very cool. It's funny. I've known you for about a decade and I had no idea your parents were from South Africa. Look, you're an entrepreneur. You've built out an incredible talent management firm. We're going to get to that in a bit. But you have entrepreneurial roots in your family. Dan Levitt:It's interesting now. I remember my dad would come back ... I think maybe at the height, he had 50, 60 people. Maybe more. I remember growing up, he'd come back from work and we'd be watching a Celtics game. It was the most exciting game ever, especially, they were really good back then. Dan Levitt:And he would fall asleep, and I'd be like, "How in the world can you possibly fall asleep during this game?" And now, I'm like, "Yep, I get it." Yeah, I could totally get how you could be so wiped out the day that, no matter what is on TV, you're just out. Dan Levitt:I mean, what was really interesting is, my parents went through a kind of messy divorce. We don't need to get into that but that's a whole fun story. But what's interesting is, when they separated, he stayed with a friend for a bit. And he went from sleeping in the basement of a friend's house to selling his business to IBM in a year. Dan Levitt:There were a lot of times that people told him, because the business had some challenges over the years, there were a lot of people that told him that he should declare bankruptcy with the business. But he stayed with it. And eventually, it worked out for him. I'm sure, hopefully, some of the resiliency I have, learned from him. Chris Erwin:Wow. Awesome. I have to ask. Being from Boston, a lot of media professionals from Boston have a pretty strong Boston identity. I think of Dave Portnoy in Barstool Sports, and Bill Simmons from The Ringer. Do you think of yourself like that, or your total West Coast transplant now? Dan Levitt:It's not just specific to Boston, but especially in the Northeast, there's a certain intensity and, I think, an edge that you can have, where in Boston, in traffic, if someone cuts you off, you scream at each other. And that's just acceptable and that's how you vent, right? Dan Levitt:In LA, it's much different than that. I'm in LA now. On the West Coast, people are more scared of confrontation. If you scream at someone, that's a really big deal. I think there's just a certain firm mentality that you have where it's pretty hard to bother me or get under my skin. Dan Levitt:I have thick skin. I do think part of that is just growing up in a culture where people are so up front with that. I also think, to a certain extent, growing up in cold climate where the weather is pretty brutal, and you just have to plow through it, does give some sort of mental toughness. Chris Erwin:I think that's totally right. I think there's this saying. I hope I'm not butchering it. But it's, "In New York, when people are saying, 'Fuck you,' they're saying, 'Good morning.' In the West Coast, when they say, 'Good morning,' they're saying, 'Fuck you.'" Dan Levitt:Yeah. I mean, but it's more so ... I remember in one of my first PA jobs in LA, I had a disagreement with another PA about the way things should be done. And then later on, I was brought into the office by my supervisor and they're like, "Dan, you were screaming at them. Why?" Dan Levitt:And I was like, "I wasn't screaming at them. I was telling them something they didn't want to hear in a certain tone. If I was screaming at them, they would know. Everybody would know." So, that was really the first ... I just moved to LA and I was like, "Shit, I got to really be cognizant of how I talk to people out here. They're going to think I'm a fucking lunatic," which, to a certain extent, is true. But maybe I need to slow play that a bit. Keep my response- Chris Erwin:It's part of your je ne sais quoi, as they say. Nothing- Dan Levitt:Yeah. I mean, you know me really well. But for people who just meet me, I can be a lot. Chris Erwin:Yeah, so let's actually talk about how you got to where you are today. I think, trying to get a sense of, was there a glimpse in your early days of you entering entertainment, becoming a talent manager? I think about things that you had mentioned that you were looking at unsigned bands in high school in the '90s. Tell me about that. Dan Levitt:My skillset is, I'm really good at seeing patterns and seeing where things are going, right? Before they get there. So, I think that's what I'm best at, be it entertainment or trends. I've done okay in the stock market, investing and stuff. So, specific to your question, yeah. Dan Levitt:My first real strong passion was music. I heard Green Day and it changed my life. And I was like, "This is it." And then I definitely have the personality type where if I'm into something, I'm all the way fucking in. So, if I like Green Day, okay, I need ever record they've ever had. Dan Levitt:So, I started, the mid '90s or so, music was starting to shift to digital, right? So, you used to discover bands on the radio, and then around that time, there started to be primitive websites. Around when Napster first came out, there started to be people who would put MP3s online, right? Dan Levitt:So, now here are these blogs that are hosting MP3s. So, they would be posting bands that would be signed to record labels. And I would like these bands. I'd find then, I'd like them, and then they'd get big a year later. It was like, "Oh, I'm pretty good at knowing which bands are going to be big later." Dan Levitt:And then, one site in particular started focusing on unsigned bands, and I said, "Oh, these unsigned bands are pretty good. I think they're going to make it." And then they would get signed and they would make it. So, I saw, "Hey, I'm pretty good at ... " Dan Levitt:And I started learning more about the industry. And at that point, originally, my job was to, "Hey, I wanted to work as a music direct on the radio helping find the songs." And then I realized, "Hey, actually the best way I can help musicians is to work at a record label." So then, it was my dream to be an A&R guy to sign a band and help them break. Chris Erwin:And any genre focus? What types of music were you listening to? Was it Green Day punk? Stuff like that? Dan Levitt:More like the new metal, like
Damian Pelliccione is the co-founder and CEO of Revry. We discuss saying no to his family cheese business, being an early expert in live video for car shows, launching the 1st Queer streamer network from his living room, how a delayed mortgage and the launch of QueerX festival almost bankrupt the company, the power of grassroots marketing during SF Pride, how diversity inclusion starts with ownership, and changing the narrative for the Queer community.Subscribe to our newsletter. We explore the intersection of media, technology, and commerce: sign-up linkLearn more about our market research and executive advisory: RockWater websiteFollow The Come Up on Twitter: @TCUpodEmail us: tcupod@wearerockwater.com---Chris Erwin:Hi, I'm Chris Erwin. Welcome to The Come Up, a podcast that interviews entrepreneurs and leaders. Damian Pelliccione:Cut to November, around Thanksgiving of 2015. I was playing a new Apple TV. You install it on your TV and you search for apps of apps that are of interest to you. I searched lesbian, gay, bi, trans, queer. Nothing came up. I was like, ding. The light bulb went off. This is it. We're going to create the first LGBT streaming network. I had Alia, LaShawn, and Chris in my living. I said, "I have this idea. What do you guys think?" They were like, "Yeah, let's do it. We're all in." Chris Erwin:This week's episode features Damian Pelliccione, the co-founder and CEO of Revry. Damian was born in Canada, and since a young age had a passion for the creative arts. So he passed on taking over his family's large cheese and food distribution business, and moved to New York City to study acting and production. But after the tragic events of 9/11, Damian decided to move to LA and became an early mover and shaker in digital video. He did it all, from early web streaming and YouTube production, to producing live streams at car shows, and even running his own digital workshops. Chris Erwin:In 2015, Damian was sitting in his living room with three friends, frustrated by the fact that there wasn't any queer streamer apps on platforms like Apple TV or Amazon Prime, so he decided to change that and soon after launched the first 24/7 queer streamer network, Revry TV. Chris Erwin:Damian and I get into a lot of different things during our chat. Some highlights include how a delayed mortgage and the launch of the QueerX festival almost cost Damian the company, the wild success of grassroots marketing at San Francisco Pride, why Damian was such a standout at one of my executive dinners in LA, and changing the narrative for the queer community. Chris Erwin:All right, I'm pumped that we get to publish this episode during Pride month. Let's get to it. Chris Erwin:Damian, thanks for being on the podcast. Damian Pelliccione:Thanks so much, Chris, for having me. It's exciting to be here. Chris Erwin:Awesome. Let's rewind a bit. Why don't you tell me about where you grew up and what your household was like. Damian Pelliccione:Yeah, so I grew up actually in Canada. I'm from Toronto, a suburb of Toronto actually called Unionville, which is a small town, colonial, turn of the century, Victorian home that I grew up that was built in the later 1800s. It was a wonderful place to grow up because it was extremely multicultural. There was definitely not one of anything in terms of race and culture. Ironically enough, even though my family is extremely Italian, my father was actually born in Italy and immigrated at six years old to escape World War II. He was the youngest of six. Both my nonna and nonno, which is Italian for grandmother and grandfather- Chris Erwin:Oh, I'm Italian as well. Damian Pelliccione:Really? Chris Erwin:My mother was born in Italy, in Trieste, on what used to be the Yugoslavian border. I know nonna and pop pop. That's my grandparents. Damian Pelliccione:Parli Italiano? Chris Erwin:No. My mom spoke Italian growing up, and spoke it with my grandmother, but never taught the children. To this day, we always give my mom crap about that. Damian Pelliccione:[inaudible 00:03:33]. This is where my talking with my hands, that is completely my Italian [crosstalk 00:03:39]. Chris Erwin:It's all coming together now. Damian Pelliccione:All coming together, yeah. My family, my dad, was from [inaudible 00:03:46], which is in the [inaudible 00:03:49] province of Abruzzo. Unfortunately it was ravaged by a massive earthquake in the early 2000s. Since recovered, but we still have family there. I have cousins actually there. My dad... cross section of Damian is my dad was the entrepreneur in the family. Him and my uncle started the family business, which is huge in Canada. We're, I think in the top five biggest Italian cheese distributors to Canada. Chris Erwin:Wow. Damian Pelliccione:They obviously distribute to the United States as well. They built that from scratch, my dad and my uncle, and now all my cousins run the company. I had no interest in selling cheese. Chris Erwin:Was the opportunity was available to you and you were just like, "Ah, pass"? Damian Pelliccione:Of course. In a big Italian family, the opportunity was given to me and my sister. Both of us past. My sister, Kelly, was definitely going into a different sector than sales and cheese distribution. It's ironic, because I'm in distribution, but I'm more on the film and TV side of distribution, not the food side of distribution. Definitely was very inspired by my father, who was a tremendous salesman, and an entrepreneur who ran his own businesses and obviously started the big family business with my uncle. Damian Pelliccione:Then, ironically enough, my mother is also Italian, but she is third generation. Her and her parents were born in Canada. Her grandparents were born in Italy, a different part of Italy, too. Calabria, which is the heel of Italy, just across from Sicily. It's a little bit different in terms of Italian traditions between the two families, but obviously my mom and my dad are wonderful people. My mother was a politician. She was chairman of the Catholic school board. So was my father, actually, before my mother was. She ran the race relations committee in our city where we grew up. You can see, my mother was a politician, and my father, the entrepreneur, and out comes Damian. Chris Erwin:Yeah, I was going to say, I was like, it makes total sense because I think about, you're the ultimate showmen. You have incredible charisma. I remember that from when we first met at one of our executive dinners. Then the entrepreneurial bend, now I know where that comes from. Yeah, totally get it now. Damian Pelliccione:One of the biggest things, you know Toronto. Most of my family lives in Woodbridge, or Vaughan, which is extremely Italian, predominantly Italian. My mother and my father were very much, this is instilled in me and my sister growing up, about being respectful and understanding and learning about all races, religions, and cultures and walks of life. They chose Unionville, which is a part of town where it was very eclectic. I had friends from all over the world, whose families were immigrants from all over the world. I had so many different cultural upbringings. My parents even made me and my sister, even though I was raised Catholic... I'm not very practicing myself. I consider myself Agnostic, but made us go to all the different: Hindu, Jewish, Islam, all the different sects to see what that religion could provide. Chris Erwin:Would you actually go to their places of worship? Damian Pelliccione:Yeah. I went once or twice to multiple places of worship my mother would take me and my sister to because she wanted us to experience everybody. I think that is where, at least for me, it was instilled at a very young age, were authenticity, diversity, and inclusion, before it was even a thing. This is the late 80s, early 90s. I'm 40 years old now. That was always a part of my upbringing. I think it's ironic where you have a mother politician, father, entrepreneur, and very inclusive family in terms of how we were raised and outcomes Damian and Revry. Chris Erwin:Your mother was super ahead of the times giving you exposure to these different religions and different cultures early on. I get that. I see that as a seed for what you're doing for the overall queer community, trying to drive awareness and inclusion and change the message around queer culture. I think that's brilliant. Chris Erwin:I think that you are involved in the dramatic arts and the school for film and TV at an early age as well. Was this something that came out in your teen years, or before then? When did that start to be? Damian Pelliccione:I was a scene stealer before I was even five years old. I think my performance started at family functions where I have some cousins, and we're all born the same year. I would direct and create the family productions. The kids would get together and we would put on some kind of a show, where it was a musical number, a comedy, or whatever. We would perform for the whole family in the living room. I did this growing up, I think until the time I was 10 or 12 years old. We made that a fun family activity. Of course that led me into being an actor, and I started with community theater, just like anyone else does in Unionville or Markham, Ontario, where I'm from. Damian Pelliccione:From there, I auditioned for the Arts York program, which is part of Unionville High School. Unionville High School ironically enough had this arts program that was to take kids from all over the region, so not just by town, but other surrounding townships who specialize in music or dance, or visual arts, or drama. I was accepted to the drama program and had the most amazing inspirational teachers. These folks are still family members of mine. They inspired me in so many ways to stay in the arts and stay in drama. My passion when I was a teenager and into my early 20s was to be an actor. That's what led me to New York City. I got into the American Academy of Dramatic Arts,
Matthias Matternich is the co-founder and CEO of Art of Sport. We discuss growing up as the son of a German ambassador, starting his first company at 14, when Brexit devalued his investment capital, selling women's smimwear, pitching Kobe Bryant, his 500 mile trek in the Alps, and redefining body and skincare for athletes. Subscribe to our newsletter. We explore the intersection of media, technology, and commerce: sign-up linkLearn more about our market research and executive advisory: RockWater websiteFollow The Come Up on Twitter: @TCUpodEmail us: tcupod@wearerockwater.com---EPISODE TRANSCRIPT:Chris Erwin:Hi, I'm Chris Erwin. Welcome to The Come Up. A podcast that interviews entrepreneurs and leaders. Matthias Metternich:I remember Brian and I thinking, well, who represents the kind of tenacity, and focus, and mental and physical commitment to being the best version of yourself possible. Done so successfully that they've transcended their sport. And it really took us almost no time to say, well, that's Kobe Bryant. And we asked ourselves, "Do we think we could get him involved?" And our path took us to his door. Chris Erwin:This week's episode features Matthias Metternich, the co-founder and CEO of Art of Sport. Matthias was born in Germany. And because his father was an ambassador, he had lived in nearly 10 different countries by his teens. And he began coding at age seven, and began pursuing it seriously a couple of years later while living in Mongolia, as it helped him pass the time during the harsh winters. Soon after Matthias' entrepreneurial streak kicked off. He started his first company at 14, and since then started over five businesses, ranging from women's swimwear and enterprise software to his current company, Art of Sport, where he's redefining body and skincare products for athletes. Chris Erwin:So this interview is a bit on the long side and covers more topics than most. It's because Matthias' intellect and passion is far reaching. We discuss why he's not a good video game developer. How the founder of MySpace became his mentor during undergrad, how Brexit devalued one of his companies, and what it was like to recruit basketball legend Kobe Bryant as a co-founder. All right, let's get into it. Let's rewind a bit. You had told me that you originally grew up in Germany. Tell me about that and your household. Matthias Metternich:I grew up in Germany until about the age of eight months. So it wasn't my whole life. It was a very short moment. I was born there and then my dad was in the foreign service. So every three years we would get posted somewhere else. And so, from the age of eight months onward until really, I mean, even to this point, I've been moving around the world every two to three years. So we moved to the Soviet Union and I lived in Leningrad, then we moved to Los Angeles, then we moved to Mongolia, then we moved to the Middle East. And so there's been a lot of transition in my life. So that was a very interesting experience, that was quite formative for me. Matthias Metternich:But went back to Germany for high school for about two or three years for boarding school. And then I continue to... I went back for college for a very brief period, and then always go back whenever I have time to see friends and family, but I'm a bit of a nomad. Chris Erwin:What was your father doing in the foreign service? Matthias Metternich:My dad was an ambassador. He represented the German government in different countries. So that meant that he would often be the man in charge to present German interests, build relationships politically, economically, drive through cultural agendas. And it was an interesting time because that was really... His formative years in the service were deep within the cold war era. So there was a lot of really exciting espionage, nuclear proliferation, all kinds of stuff like that is what I grew up with. And I do remember it was even a period where if your listeners remember their history, there was an east and west Germany for about 40 years. Matthias Metternich:And so east Germany had embassies in countries that west Germany didn't. But when the wall fell and east and west Germany came back together, my dad was responsible for actually going to these places in these countries that west Germany didn't have a political presence and taking over those embassies. So I remember a lot of the places I lived was right next to the "access of evil" types of Eastern Soviet bloc embassies, like North Korea and whatnot. And if I kicked the ball over the fence in the wrong way, there would be a military procession where they'd pass the soccer ball back to us. Chris Erwin:What a unique childhood. Now, did that peak your interest, and did you think about going into government or the foreign service? Matthias Metternich:So my family has been in the political arena for several hundred years, and there's a lot of tradition there that I think my father [inaudible 00:04:25] spouse. But I think he was actually quite remarkably aware of how the role was changing in a more and more connected world. And what does a public servant, government figure head do in a foreign country where now you have video conferencing, you're on a jet, you're there in a couple hours. So there's diminishing opportunities over time as we become more and more connected. And because of his role, he was also always interfacing with and exposing me to really remarkable walks of life, business people who are sometimes coming to China for the first time, like large industrialists, well-known household names who would be coming and stopping through the house and having dinner with us. Matthias Metternich:And you'd hear their stories about this global world that was changing and forming. And in that context of the diplomats role diminishing over time or sunsetting a little bit on golden era of what that diplomat would do. And I don't want to take anything away from those folks doing that. It's still a very important part of the civil society and political arena. But with that sunsetting and this coming online of this connected industrial world, for me as a kid, I saw very clearly the writing on the wall that committing my time to something that was sunsetting versus something I was actually passionate about, which was shaping the planet or trying to shape the planet in some way, that's where my future was. Chris Erwin:And so speaking to that theme, which I think also relates to the compression and changing of information cycles and dynamics, you mentioned that at a pretty early age you had bought your first computer or connected to the internet and you were coding very young? Matthias Metternich:Yes. Chris Erwin:When did that first happen? Did that start in Mongolia or another country? Matthias Metternich:It started in Los Angeles. My parents bought it, and I was about seven but really I appropriated it fully when I was nine. And we moved to Mongolia, and Mongolia as a really pretty horrible.... Really beautiful country, but it has a very harsh winter, which can last upwards of six months. And so when you're in a place like that, there's only so much your parents are willing to entertain you. I found a lot of entertainment from the computer, and folks in the embassy who knew their way around this. And there was one guy in particular who was a bit of a hacker gadgets guy. And so, he gave me a running start at it, but I taught myself how to code because I wanted to make games for myself. I had exhausted the two games that I had. Matthias Metternich:And that took me on a journey into figuring out how to connect to the internet, talking to people all over the world at a time when very few adults knew how to do this. I felt incredibly empowered. And then I had the tools to come up with ideas and articulate those using code and using design. And I realized very quickly that my video games were pretty shitty because I was actually not a very good storyteller, but I was good at some of the code. And that's where I started to lose myself in the world of storytelling, and design, and empathy, and understanding what connects with people and why people get inspired or sad or happy or excited. And I tried to weave that into my games. Matthias Metternich:So in a way it was a little bit of a workshop for me. I was a craftsman honing my own craft at my own pace with the world's information, gradually coming online and being available online for me to learn from other people. It was a really powerful period for me. Chris Erwin:This reminds me of another interview that we did on the show with Christian Baesler, who is the president of Complex Networks. He was born, I think, in the late '80s in Germany. So there must be something in the water there, because he also began coding at a very young age himself, or his uncle had bought him a computer. I think he was born within a month of the Berlin Wall coming down. And he was in a small town, and he felt the need that through his computer he can express himself through coding, developing games, and also through the internet, connecting with people that were outside of his community, craving that need for connection and new information and exposure. Matthias Metternich:Yeah. Very similar stories. Chris Erwin:After this, you then go and you do your undergrad, and that's at... Did you say UCLA? Matthias Metternich:Yes, that's right. Chris Erwin:You do your undergrad at UCLA. And what's going through your mind while you're there in terms of fast forward, you clearly have a very impressive entrepreneurial career, which leads to founding Art of Sport a few years back. Was this in your mindset when you were going through undergrad as well? Matthias Metternich:Yeah. So I started my first company when I was about 14 years old, and it was out of necessity. It was really not necessarily... I mean, I always had an entrepreneurial bent. I was intrigued by money, but it wasn't a means to an end for me. But the idea
Kevin Jones is the founder and CEO of Blue Wire. We discuss getting fired over a 49ers Tweet, when it makes sense to be a bad Facebook employee, why 500 Startups first turned him down, his groundbreaking new WynnBet partnership, and why Kevin wants to be the Ted Turner of this generation.Subscribe to our newsletter. We explore the intersection of media, technology, and commerce: sign-up linkLearn more about our market research and executive advisory: RockWater websiteFollow The Come Up on Twitter: @TCUpodEmail us: tcupod@wearerockwater.com---EPISODE TRANSCRIPT:Chris Erwin:Hi, I'm Chris Erwin. Welcome to The Come Up. A podcast that interviews entrepreneurs and leaders. Kevin Jones:What once was a prestigious job at a radio station is now not. They don't develop young talent and it really came to a head for me in San Francisco. They have not developed young personalities the last 10 to 15 years, everyone there who has a show is in their 50s or above. A year in, I realized there's no chance of ever getting a show here. The culture is so backwards. Chris Erwin:This week's episode features Kevin Jones, the founder and CEO of Blue Wire. Kevin grew up in Virginia, about 30 minutes outside D.C. in a family that lived and breathed sports. From a very early age, Kevin was known for having a very distinct point of view about the teams that he followed and cared about and became a regular caller into radio stations at just 15 years old. Naturally after undergrad, Kevin goes into sports media and builds a large Twitter and podcast following. But Kevin kept butting heads with ownership, as he felt that young talent who are defining the future of sports media coverage are not listened to nor supported. He decided to do something about it and launch Blue Wire. One of the most exciting modern sports media companies up today.Kevin has an insane amount of stories. A few we'll get into include getting fired over a tweet about the 49ers. When it makes sense to be a bad Facebook employee, why 500 Startups first turned him down, his groundbreaking new WynnBet partnership, and why Kevin wants to be the Ted Turner of this generation. All right, let's get into it. Kevin, tell me where you grew up. Kevin Jones:Chris, I grew up in Chantilly, Virginia, about 30 minutes outside of Washington, D.C. and then 10 minutes from Dallas airport. I was lucky to grow up in a diverse area, Northern Virginia, heavily populated with just diversity. Honestly, I went to college in North Carolina, at East Carolina, where it was really all white people and black people. And now looking back, growing up in Northern Virginia, it was a really eclectic place to grow up, close to the government, lots of just different types of people. So super fortunate to grow up in Chantilly. Chantilly Charger, that's that's my high school. So shout out to the Chargers. Chris Erwin:How many people were in your town? Was it a few thousand or bigger than that? Kevin Jones:40,000. It's a nice little suburb for sure. My high school had 3,500 kids graduating class of like, 800, 900 kids. It's a healthy suburb, Fairfax County, huge school district in Northern Virginia. It's a nice place to grow up for sure. Chris Erwin:Is that considered part of Appalachia? Kevin Jones:No. We're basically D.C. It's the suburbs of D.C. Chris Erwin:Got it. What was your household like in terms of where you grew up? Kevin Jones:I would say sports was very center to my life. My parents would put the Washington Post sports section in front of my breakfast every morning, where I read Tony Kornheiser, Michael Wilbon, before they became TV hosts. Watching what was then the Redskins and the Wizards and the Baltimore Orioles before the Nationals arrived. Caps was never a big thing till Ovechkin came, but they were always around. And then there was D.C. United winning. Chris Erwin:You said Caps. You have to excuse my limited sports knowledge, who are the Caps? Kevin Jones:Washington Capitals. We name our teams, Caps, Wizz, Nets. We keep it short. I think that's because like CIA, DEA. I think we're used to just abbreviating everything, being close to the government. All the parents jobs are like, not mine specifically, but friends growing up were in the government. I was a news junkie as a little kid in a bizarre way. My parents, our daycare provider, I had a separate room upstairs. I would bring video tapes of the Masters. I would rewash games of the Redskin season, NFL films. I did their yearly yearbook. The sports obsession was really real as a young kid. I loved information. I loved new information, having information, sharing information with adults about sports. And so I always knew I would end up in sports. Kevin Jones:It always felt I was operating at a high level, consuming that information, sharing that information, whether it was newspapers with friends, et cetera. Chris Erwin:You said your parents were also really into sports. Did you guys watch a lot of games together? Kevin Jones:Yeah. I would say for sure. Redskins was number one in my house. My dad grew up in a nearby town, went to the Superbowl, the first one the Redskins one in 83 in Pasadena, flew himself out there as a young man. The Redskins won three super bowls in the 80, and that culture was really instilled in kids my age. Redskins fandom, even though it's really tailed off, the organization's poorly run by Dan Snyder now. That was the highlight from September to January, every Sunday, making feast and watching the game, analyzing the game, thinking about the game afterwards. I felt like I was recording a podcast with my dad and my friends all the time, looking back on it. But I think baseball was huge for me. Cal Ripken was a big figure and then I played basketball. It was probably my best sport. So always had the Wizards on too. Chris Erwin:It seems that was the next logical question, is like, did you participate in these sports as well? Or did you more enjoy observing the commentary, the stories around it? Kevin Jones:Wasn't the most athletic, was definitely one of the most passionate. Anyone listening, I compare myself on the basketball court to maybe a Joakim Noah, clapping a lot, I'm talking a lot of crap. Definitely not the most athletic, getting a lot of rebounds, definitely tall. I was shy, I didn't try out for the team. I didn't want to get cut. I played in the youth league. We had a really competitive youth league. My team won the championship. I won the MVP. I regret looking back now as a 30 year old, should have probably tried out for the high school team. I was the captain of the stands, we treated our stands like it was Duke, we have the fingers in front. We were trying to be the Cameron crazies. We called ourselves the Purple Platoon. Our high school had the colors purple. Kevin Jones:I really actually leaned into that. I became the student government association president, really got the buy in from the community and it was a tough place to play, Chantilly for basketball and really wanted to own that. I play softball and I'm still competitive, but now getting that competitive outlet through my business, Blue Wire. Chris Erwin:I like how you said captain of the stands. I haven't heard that before. And then that's a logical segue, grassroots, man of the people going into student government president. I see it. Kevin Jones:100%, One by one, getting people to buy in. This is how serious I took it in high school. I would stand in the middle of the stands, not the front where all the seniors would be in the front. I would make sure the sophomores and freshmen were cheering as loud as they could. I always took this onus of being the group's leader for sure. Chris Erwin:You're like a hype man, right? Before a comic comes out on stage. Every CEO is a hype man for the company and team and mission. Kevin Jones:100%. I compare Blue Wire to, it's 1995 and I'm a rapper in New York on the streets handing out CDs. I'm definitely that hype man. Chris Erwin:That's awesome. You had also mentioned that in your teenage years, I think your radio personality started to come out. You were calling into radio stations to talk about sports. Right? Kevin Jones:Definitely. The sports junkies gave me a little bit of a platform as I was just starting to get my feet, high school summers home from college. I was writing some articles, at the time RG3 was getting big. They would let me call in even for 10 minutes at a time here, instead of just the typical, all right, let's go to Kevin and Chantilly. It was like, all right, coming up next, we've got Kevin Jones, up and coming blogger, D.C. young guy, follow this guy. Some of it was late at night. I think that's when I realized, wait a second, people are listening to what I have to say. I'm saying some different things. Then I started naturally gravitating. Okay. How can I start building my own voice within media? I think this is possible. Chris Erwin:Wow. So you were becoming a known personality. You were not just a one-time caller. Kevin Jones:I would say I turned that into a job at my first role at WUSA9, they had heard of me. I had a few thousand Twitter followers, mingling with the radio host on Twitter. This was 2010. Twitter was very nascent and young, but it was gravitating towards that platform. Wait a second, the radio show doesn't end. I can actually message the host right now, directly, we're texting. And so that kind of phenomenon, I really leaned into Twitter and WUSA9, who was a CBS connect affiliate at the time in D.C. I became the high school sports producer there. They were like, all right, we see you, Kevin, you're making noise. Here's a way in the door. We need you Friday and Saturday nights to work at the station. These high school coaches are going to be calling in or texting, here's the scores. Here are some of the stats. People are going to be feeding random video clips in, you got to help us put this together. Kevin Jones:That was my first getting thrown into the fire. I knew I
Chris Ovitz is the Co-Founder and President of OK Play. We discuss growing up in a Hollywood family, building technology-enabled media companies, life revelations during an Alabama roadtrip, "humble magnetism", launching a venture fund with the co-founder of Twitter, YouTube as a babysitter, and why the future of play is putting kids at the center of story and creation.Subscribe to our newsletter. We explore the intersection of media, technology, and commerce: sign-up linkLearn more about our market research and executive advisory: RockWater websiteListen to our weekly executive insights on Media x Commerce news: Mondays at 2pm PT on Clubhouse via @chriserwinFollow The Come Up on Twitter: @TCUpodEmail us: tcupod@wearerockwater.com---EPISODE TRANSCRIPT:Chris Erwin:Hi, I'm Chris Erwin. Welcome to The Come Up, a podcast that interviews entrepreneurs and leaders.  Chris Ovitz:There's so much guilt in general for parents, and then there's all this judgment around screen time. And I think that we forget in our little bubbles, the whole no screens thing is a privilege, that YouTube is a babysitter is real, and it's a problem. Chris Erwin:This week's episode features Chris Ovitz, the co-founder and President of OK Play. Chris grew up in LA. And like so many others, his first love was film. So he went to a Hollywood studio, but soon after, Chris became enamored with the intersection of entertainment and technology. Over the past decade, Chris has founded a handful of different companies. And most recently, him and his team are building OK Play where they're reimagining screen time for kids, and putting kids at the center of story and creation. We get into a lot of things in this episode, but a few highlights include what it's like growing up in a deeply connected Hollywood family, some life revelations during an Alabama road trip, his humble approach to building teams, and most recently, helping to launch a venture fund with Biz Stone, co-founder of Twitter. All right, this episode was a lot of fun. And Chris weaves in some pretty wild stories from his early career. Let's get into it. Chris Erwin:Let's dive back in time a little bit. Why don't you tell me about where you grew up and your childhood a little bit? Chris Ovitz:I grew up in LA. My mom and dad are both from LA. They went to UCLA. They met there. Pretty normal childhood in LA, as normal as it can be growing up in LA, lots of after school sports and just hanging out with friends, skateboarding and roller hockey and football and all sorts of stuff like that, lots of video games and film in my family. And it was a pretty traditional childhood. Chris Erwin:Okay, you are a skater as well. I was a skater growing up, I played some soccer and tennis. And then when I started hurting my ankle skateboarding, my coaches were like, "All right, that's it. Enough for you." Chris Ovitz:You were probably a much better skater than I was. I never actually got good at it. But I loved it. Yeah, I definitely spent a lot more time playing, baseball was my sport. So I played a lot of baseball growing up. Chris Erwin:Okay, cool. You mentioned that you were passionate for gaming and for film. Were there any games that you liked the most? Chris Ovitz:So I was about 15 when PlayStation 1 came out so I think that was probably the core part of my childhood gaming love and I would say Final Fantasy VII, Resident Evil. Earlier than that, I played really Super Bomberman and Mario Kart on the SNES, lots of Street Fighter, things like that. Chris Erwin:Yeah, I remember Street Fighter 2 with like Ken and Ryu and Hadouken and all that. I was like, that was a real favorite for me. Yeah, I also like being Zangief, the Russian wrestler, whatever. Chris Ovitz:Funny story, I always played as Ken Masters. And that was the name on my fake ID in high school, so yeah. Chris Erwin:Your father was in the entertainment industry. I don't know if your mother was in the entertainment industry as well. But was there any kind of like inspiration for you of the path that you want to go down as you were thinking about going to school, before you went to Brown and UCLA? Chris Ovitz:So yeah, my father was in entertainment. He started a company called Creative Artists Agency, which was one of the biggest agencies around and so it was amazing to watch and to be around. And I always thought that that was kind of the path for me. But as I got older in high school, and he had left CAA to do other stuff, he kind of left me with this big question mark on what I wanted to do. And I was like, I didn't really know what my passions were. Chris Ovitz:And so it started me on my journey. And my journey from about 18 through my late 20s was kind of a bit all over the place, but I wouldn't be who I am today without it. And my father was incredibly talented pioneer and many things in entertainment. And had I been a little more mature at 18, I think I would have realized that he was probably right, and it was best for me. So I ended up, I was fortunate enough to be accepted to Brown University. That's where he wanted me to go. I always wanted to go to UCLA because it was what I knew. Brown was amazing. I have incredible friends there. I learned a lot there. But I ended up transferring back to UCLA. I told myself that was where I wanted to go, but if I'm being honest, it was probably because I wanted to see about a girl. Chris Erwin:Okay, did you transfer like your sophomore junior year? When did you go over? Chris Ovitz:I transferred my sophomore year. So I did a year, Brown my freshman year, and then started at UCLA my sophomore year. Chris Erwin:And was UCLA what you had hoped it was going to be? Were you pumped to be there? Chris Ovitz:Yeah, it was amazing. UCLA is a great school. I had a blast. I was a history major. I just loved learning about different cultures and I studied a lot of Roman, ancient Rome and medieval history that I found that fascinating. Chris Erwin:When we were talking earlier, you said that there was some poor decisions were a pattern of your youth. So, I mean, do you bucket in like going to Brown and then going to UCLA as part of that or are you referencing something else? I'm very curious there. Chris Ovitz:For decisions, I say that a bit jokingly. But I think what I mean by that is Brown is an incredible school, and everyone would kill to be able to go there. And had I stayed there, I think it would have been amazing. But look, I was motivated by girls at that age, instead of being motivated by a passion for what I wanted to do with my life. So I think that's kind of what I did, whether it was transferring to UCLA because I had a girlfriend there at the time that I had met on winter break from Brown. I would make decisions like that, without thinking too far ahead. And I think as I got older, that's not happening. You start to think through each decision with a little more thought for the future. Chris Erwin:Well look, if there's any point in your life when you're going to be a little bit impulsive, doing that in your teens and early 20s, that's a good thing. Get that out of your system, and I would also say that having a little bit of impulse ability, or whatever the right word is, as you get older, versus not having to be so calculated all the time based on societal pressures, that's okay. Okay, so you transfer to UCLA, you graduate, and then how do you kick off your career? What type of work do you start getting into? Chris Ovitz:So again, it comes back to this really not knowing what my path was yet, not knowing what I wanted to do. I knew I loved film. The entertainment industry was in my DNA. And I knew that I wanted to be a part of it in some way, at least at that point in my life. And so I actually applied to film school. I didn't tell anyone in my family. I applied to the theater, film and television program at UCLA. I decided I was only going to tell them if I got in. I ended up getting in and had an idea that I thought I wanted to be a director. And after about a year in film school, I realized I didn't want to be a struggling artist. So I dropped out and I wanted the income. I wanted to get to work. Unfortunately, at the time, I also had suffered a really bad herniated disc and had to take some time to get a pretty significant back surgery to correct that and rehab it. And at that point, I decided to take a job. It was pretty awesome. I got the opportunity to be one of the first employees as an assistant at Paramount Vantage working for a guy named John Lesher, and that was my first real job out of college. It was an incredible experience. Chris Erwin:Awesome. And what was Paramount Vantage? Chris Ovitz:Backing up a second, John Lesher was an agent at Endeavor at the time before it was WME, and he represented clients like Scorsese and Judd Apatow and Alejandro Inarritu and all these amazing filmmakers. And he was asked to go over and run Paramount Classics, which was Paramount's independent film arm, and he was asked to rebrand it and basically start their new art house film division. I got to see him build it from the ground up. And I got to see him go through the process of building the brand, picking the brand, naming it, designing it. And there I got to really learn how important a talented team was. He had gone out and just picked the best in the industry. And then I got to watch as all these projects came together that went on to be some Academy Award winning films and really well highly, highly acclaimed films. While I was there, we were developing No Country for Old Men, There Will be Blood, all these really exciting films. But mostly, I drove the golf cart around for the most part. Chris Erwin:What a great experience I feel like right out of undergrad, and it seems that you also have some really great stories from working there about Kanye West and Judd Apatow and a few others. So please do share. Chris Ovitz:Yeah, I mean and the Kanye one's probably less interesting, but just funny.
Aditi Dash is a Partner at CircleUp and invests in consumer brands like Beyond Meat, nutpods, and Black Medicine. We discuss emigrating from India at age 8, being told to "not sit at the table" while working at Morgan Stanley, taking the advice to "get out of the building" during a surprise FDA visit at La Colombe Coffee, and why hormone health and the convergence of Media x Consumer excite her as an investor.Subscribe to our newsletter. We explore the intersection of media, technology, and commerce: sign-up linkLearn more about our market research and executive advisory: RockWater websiteListen to our weekly executive insights on Media x Commerce news: Mondays at 2pm PT on Clubhouse via @chriserwinFollow The Come Up on Twitter: @TCUpodEmail us: tcupod@wearerockwater.com---EPISODE TRANSCRIPT:Chris Erwin:Hi, I'm Chris Erwin. Welcome to The Come Up, a podcast that interviews entrepreneurs and leaders.Aditi Dash:The FDA showed up at the plant that I was running, and I'd had almost a meltdown, and I was freaking out and was given the advice to, "Hey, you just need to leave. You need to trust that the production manager and the warehouse manager have everything under control, and that the processes that you've put in place by this point are going to work." Chris Erwin:This week's episode features Aditi Dash, a partner at CircleUp. CircleUp is a consumer investor in companies like Beyond Meat, nutpods, Rebel, Black Medicine and more. Aditi was born in India and came to the US with her family at the age of eight. They spent time in Boulder, Colorado, then she went to the East Coast. After undergrad, she joined Morgan Stanley as an investment banker, and in her first week received the shocking advice of, "Never sit at the table."After a couple of years in banking, she went to the buy-side and was a consumer investor at Stripes Group. But while there, she felt disingenuous sitting across the table from founders, realizing that she wanted more operating experience so that she could give better advice. So she went to business school at Harvard, and shortly thereafter joined La Colombe, a coffee manufacturer. She has some pretty crazy stories from there, like when the FDA gave one of her plants a surprise visit, almost caused her a personal meltdown until her team told her to just get out of the building and trust the processes that she's built.Afterwards, Aditi went back to the buy-side and joined CircleUp as a partner. So at the end of our interview, we talk about what investment themes get her excited for 2021, like hormone health as purchase criteria and the convergence of media and direct-to-consumer brands. We also talk about why so many people don't get the basics of business and why Clubhouse is so exhausting. All right. This was a super fun interview with Aditi, I'm pumped to tell you her story, let's get into it. Tell me a little bit about where you grew up. What was your household like? Aditi Dash:Sure. So I grew up in a few different places. I'll start all the way at the beginning. I was born in this town called Dhanbad. It's in India, it's in Eastern India, and it is the coal mining capital of the country. Think West Virginia coal mines, a lot of the coal in India comes from this town, and that is what this town is known for. So I was born there at my grandmother's house, on my maternal grandmother's house, and lived there for a little bit, and then my family moved to Calcutta, which is now known as Kolkata. And that is the first real memory I have of a household. Aditi Dash:I lived in an apartment, two bedroom apartment with my parents. I have a younger brother. It was as far as I can remember full of joy and fun. We were middle class in India, and we were from a small town in a big city. So I guess the reason I'm saying that is that it felt like even just being in Kolkata was a big move for me and my family. Chris Erwin:Yeah. Totally. How old were you when you came over to the US? Aditi Dash:I was eight years old when I came to the US. And we moved to Milpitas in California, which is in the Bay Area. And it's like a tech hub today, it's in the center of Silicon Valley. And my dad was brought here in order to work in the tech industry. Chris Erwin:Was your father working in the technology industry back in India? Aditi Dash:Exactly. He was working in the tech industry back in India. I guess it's the reverse of outsourcing, but the- Chris Erwin:Insourcing. Aditi Dash:They insourced him and then three months later my mom and my brother joined him in California. Again, we had this great apartment in Milpitas. It was a two bedroom apartment that I recently went back to the complex and realized how tiny it was. But it was big in my eyes and my dad worked at Sun Microsystems, my mom was stay-at-home. I had a lot of fun, interesting memories from that point, but it was very community-driven. In that apartment complex, my parents got to know all the other Indians, and we hung out almost every single day if not every week, and it just was a really strong Indian community within that apartment and some of my parents best friends to this day are from there. They still see them on a weekly basis, which is kind of crazy. Chris Erwin:Wow. My mother was born in Italy, and then she migrated to the US. And I think they first landed in Erie, Pennsylvania when she was four years old. And a key part of that was that there was a lot of other local Italian community nearby to help to ease the transition and the logistics, and then just to feel that there was a support network. So did you actually move with whether other family members or other people from your Indian community back in India, when you made this move at age eight? Aditi Dash:No. It was a new community here. I think my dad may have had some friends that he was working with in India that also moved here at the same time, but for me it was a completely new thing. Chris Erwin:Do you remember being really excited or were you scared? What was going through your mind? Aditi Dash:Yes. I was really excited. I had a shirt that I would wear all the time that said baseball on it. I couldn't wait to move here. Just the things that were super exciting once I got here were like carpet. We didn't really have carpet in India, and so it was just I remember being fascinated by it, and volunteering to clean it whenever I could. Chris Erwin:That's a rare thing for a kid at that age, wanting to do chores like clean the carpet. Aditi Dash:Yeah. It felt like an adventure, but I'm sure that my parents telling me something along the lines of "Hey, this is going to be fun," had something to do with that. Chris Erwin:And so I know that you then end up at Brown, but in that interim period, what were you getting into a groove in? Were there certain sports or like now you're a consumer investor, were there any glimpses into your current career back then in your childhood? Aditi Dash:Yeah. A few things. So at the age of 12, we moved to Boulder, Colorado. And so in Colorado, in Boulder is where I really had my formative years, my rebellious years, my years to just figure out who I was. And weirdly enough, Boulder today is a hub for consumer products and for consumer products businesses, especially in the world of food and beverage. And I think that part of the reason that it became a hub is encompassed in some of the glimpses that I saw back then of this desire to live a healthier life, people even back then were very focused on natural ingredients, knowing where products came from, local, and then health and wellness, like running, yoga, skiing, physical activity. There was just a big focus on continuous improvement at least for the body and soul, that I just think that it impacted me in ways that maybe I didn't get, and attracted me to the world of natural foods, natural products, natural living and just consumer in general. Chris Erwin:Okay. It's funny, there's this like big westward migration from India to California, and then it's Boulder, Colorado, and then it's- Aditi Dash:Yeah. It's off to Rhode Island and Brown. Chris Erwin:Okay. And when you went to Brown, what was in your eyes then of what you wanted to do with your life? Aditi Dash:I filled out all my applications that I wanted to be a biomedical engineer, but I had a few different things that I wanted to do. I was interested in potentially doing something more political. I was working at the senator's office in Colorado, when I worked there. I was interested in potentially becoming a doctor, which is what I had always thought I'd want to do. I was really into writing as well, and I'd written my essay to apply to Brown about hamburgers and hot dogs and moving to America. So I wanted to do a little bit of something in writing. But I ended up starting as a engineering major, and I finished as an engineering major, and I studied economics as well. Chris Erwin:Aditi, before we move on from Brown, I just saw that on your LinkedIn that you founded I think a tutor network called BearPaw Tutors. What was that? Aditi Dash:Yes. Two of my best friends from engineering lab and I founded this company called BearPaw Tutors. And it was really fun. But basically, it was a business that would hire tutors from Brown and pay them $1 more than they could make tutoring Brown students, and then go out in the community starting with private schools, and find parents that were looking for SAT tutors for their kids and charge them less than they would have to pay Kaplan. Our costs were really low, because at the time, I think Brown students could make $8 an hour tutoring, and so we'd pay them $10 an hour. And then the parents were paying us like $30 an hour for the tutoring. And so we'd make a pretty good margin on that relationship, and our kind of angle was that we would allow parents to book online, pay online and leave a review online. So it was early in just doing all this online tutoring, and it was local and it was profitable, and it was really, really,
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