David Senra

Alexander Taubman is the co-founder and CEO of Long Lake, a company that buys established service businesses and uses AI to improve how they operate. He explains Long Lake’s $6.3 billion deal for American Express Global Business Travel, why deploying AI in the real economy is difficult and why he sees productivity gains creating more jobs as businesses grow. Alex describes how Nexus, Long Lake’s AI platform, connects models to business data and workflows, why its engineers work alongside employees in the field and why he wants to own businesses rather than sell software. He shares how his grandfather’s idea of “threshold resistance” applies to AI adoption, what he learned at Goldman Sachs and Oaktree and how investing in founder-owned businesses through Taubman Capital prepared him to build Long Lake. Alex also discusses the influence of Danaher, Henry Singleton and John Malone, why he values partners who make him more ambitious and why Long Lake plans to hold its businesses for decades. Including Amex GBT, he expects more than $4 billion in combined revenue the following year and explains why he believes long-term compounding could eventually build a trillion-dollar company. Show notes: https://www.davidsenra.com/episode/alexander-taubman Made possible by Ramp: https://ramp.com AppLovin: https://applovin.com/senra Deel: https://deel.com/senra Chapters (00:00:00) The $6.3 billion Amex GBT deal (00:01:21) Bringing AI to the real economy (00:06:17) Why greater productivity can mean more jobs (00:11:29) A prepared mind and a tight acquisition filter (00:16:01) Nexus and the AI platform behind Long Lake (00:17:32) Put the engineers where the work happens (00:20:36) Why own the businesses instead of selling software? (00:22:28) Build tools people want to use (00:25:24) A high bar for talent, acquisitions and technology (00:28:03) What his grandfather taught him about removing friction (00:36:40) Learning capital allocation at Goldman Sachs and Oaktree (00:41:01) Buying founder-owned businesses with permanent capital (00:44:35) How the Long Lake team came together (00:47:26) The best partners make you more ambitious (00:49:28) More than $4 billion in projected revenue (00:53:32) Why going public could expand Long Lake’s ambition (00:54:23) Henry Singleton and staying flexible (00:55:57) John Malone and the businesses that will endure (00:57:57) Why Long Lake doesn’t plan to sell (01:00:13) Could Long Lake become a trillion-dollar company? Learn more about your ad choices. Visit megaphone.fm/adchoices

Ronnie Fieg is the founder, CEO and creative director of Kith. At 13, he turned down an envelope of cash at his bar mitzvah to ask his cousin for a job, then spent 15 years working his way up from stock boy to buyer at David Z. He explains how growing up in Queens and working on 8th Street shaped his taste, how his first ASICS Gel-Lyte III collaboration landed on the front of The Wall Street Journal’s Pursuits section and why he still designs every product for himself first. Ronnie describes why Kith refuses to wholesale or license, why he opens new physical stores as online sales grow and why he believes luxury should mean how much people love what they buy. He also details how a failed white chocolate bread idea became Kith Treats, how he prices product so customers get more than they pay for and what he felt seeing all 1,800 of his shoe designs laid out in chronological order. Ronnie shares how an obsession with padel led to Kith Ivy, why he is expanding into hospitality with Ronnie’s and why growing up before the internet forced him to develop his own point of view. Show notes: https://davidsenra.com/episode/ronnie-fieg Made possible by Ramp: https://ramp.com AppLovin: https://applovin.com/senra Deel: https://deel.com/senra Chapters (00:00:00) You can’t work backwards from money (00:04:43) “Keep the envelope. I want a job.” (00:10:25) Why the CEO is also the fit model (00:18:43) The childhood shoe that launched his career (00:20:52) The Wall Street Journal, a line down the block and a visit from Adidas (00:26:48) Get rid of the crap (00:31:09) What luxury should actually mean (00:32:40) Why Kith doesn’t wholesale or license (00:38:24) Building the opposite of an arrogant sneaker shop (00:40:39) The Italian crook who registered Kith’s trademark (00:52:02) How a $20 deli experiment became Kith Treats (00:55:11) Serve your customers, don’t chase new ones (00:59:35) Always give people more than they pay for (01:02:41) Seeing 15 years of work laid out on the floor (01:12:00) Growing up before the algorithm (01:25:46) How a padel obsession created Kith Ivy Learn more about your ad choices. Visit megaphone.fm/adchoices

Peter Rahal is the co-founder of RXBAR, David Protein, and Medici Brands. After selling RXBAR for $600 million, he tried investing and quickly discovered he was miserable watching other people run companies. He explains why he returned to protein bars, why founders must deeply understand their products and how he plans to build the most important food company of the 21st century. Peter describes the intelligence, beauty and discipline behind David's brand, how growing up with dyslexia shaped his competitive drive and why he channels anger and resentment into company building. He also details his approach to hiring former founders, building a culture of truth seeking and humility and treating the organization itself as a product. Peter walks through the acquisition of his critical ingredient supplier, Epogee, the supply agreements that protected his business and what he would change about communicating the decision to other entrepreneurs. He shares why he chose Greenoaks as an investor, why speed matters more than maximizing a fundraising valuation and how he is building a decentralized organization where leaders master their products, confront problems and earn their autonomy. Made possible by Ramp: https://ramp.com AppLovin: https://applovin.com/senra Deel: https://deel.com/senra Chapters (00:00:00) Life after selling RXBAR for $600 million (00:07:29) Going all in and burning the boats (00:11:48) Building the most important food company of the 21st century (00:13:49) How a brand is like a human being (00:21:07) Why Peter always chooses the hard path (00:28:17) From zero to $300 million in two years (00:29:59) Why Peter started selling frozen cod (00:32:51) The organization is the product (00:36:56) Why he recruits former founders (00:41:15) Buying his supplier and victimizing his competitors (00:51:56) How Neil Mehta and Greenoaks earned a spot on the cap table (00:55:47) How Peter fundraises (01:00:31) Running a business is like a river (01:04:16) Why the company is named Medici (01:06:28) Bureaucracy is not inevitable (01:11:48) Why Peter has 25 direct reports (01:16:06) Peter's principle of reactionary leadership support (01:17:45) On divine discontent and loving the fight Learn more about your ad choices. Visit megaphone.fm/adchoices

Luca Ferrari is a co-founder of Bending Spoons, the technology company he built with his partners by rethinking how software businesses should hire, operate and allocate capital. He explains why Bending Spoons aspires to build “the best company there ever was,” why it favors raw talent and drive over experience and how a centralized talent team uses testing and more than 100 signals to identify exceptional people early. Luca describes the company’s culture of extreme ownership and relentless simplification, including why employees are given more work than they can possibly complete, why teams rotate across businesses and why Bending Spoons eliminated traditional job titles. He also details the proprietary operating system and AI tools that allow small teams to run acquired products such as Evernote, why Bending Spoons buys businesses to hold and transform rather than sell and how operational excellence gives it an advantage in acquisitions. Luca closes by discussing going public, his approach to negotiation and capital allocation and why he believes logic and rationality are more reliable than blindly following data. Show notes: https://davidsenra.com/episode/luca-ferrari Made possible by Ramp: https://ramp.com Deel: https://deel.com/senra AppLovin: https://applovin.com/senra Chapters (00:00:00) Fanatical founders building enduring companies (00:01:23) Luca on building the best company there ever was (00:04:22) The origins of Bending Spoons (00:05:47) Talent and why experience is overrated (00:15:05) Turning hiring into a science (00:23:30) Why Bending Spoons doesn't use bonuses (00:29:26) Why everyone in the company has the same job (00:42:41) On finding great potential and saturating their capacity (00:49:50) Insisting on a culture of extreme ownership (00:59:28) Luca's principle of relentless simplification (01:05:15) Why Bending Spoons doesn't use job titles (01:10:27) The proprietary operating system behind Bending Spoons (01:17:07) Why Bending Spoons isn't private equity (01:19:32) How Bending Spoons acquired & transformed Evernote (01:28:01) How Bending Spoons uses AI (01:40:42) How Bending Spoons thinks about capital allocation (01:43:50) Why procrastination without laziness is good (01:46:46) Operational excellence is not optional (01:49:07) How Bending Spoons negotiates acquisitions (01:54:47) Logic over numbers Learn more about your ad choices. Visit megaphone.fm/adchoices

Mati Staniszewski is the co-founder of ElevenLabs, an AI audio company he started in 2022 with his longtime friend Piotr Dąbkowski. He explains how a frustration with poorly dubbed content in Poland led them to build frontier speech technology, why ElevenLabs combines audio research with product deployment and how its focus on voice shapes where the company chooses to compete. Mati also describes the Palantir-inspired operating model behind ElevenLabs: small autonomous teams, a flat organization and forward deployed engineers who work directly with customers and feed what they learn back into the product. He discusses using AI to amplify human potential, helping people who have lost their voices speak again, why imperfections can make AI voices feel more human and his belief that voice will become one of the primary ways people interact with AI. After turning down multiple acquisition offers, Mati says he and Piotr are committed to building ElevenLabs independently and pursuing what they see as a rare opportunity to reshape how humans communicate with technology. Show notes: https://www.davidenra.com/mati-staniszewski Made possible by Ramp: https://ramp.com Deel: https://deel.com/senra AppLovin: https://applovin.com/senra Chapters (00:00:00) Building an AI-Native Company Before ChatGPT (00:02:59) Why ElevenLabs Started With Audio & Dubbing (00:12:37) Research + Product Deployment: How ElevenLabs Is Built (00:16:15) Focus as a Competitive Advantage (00:18:47) Building an Ecosystem Around Voice (00:22:25) The Communication Platform & Deutsche Telekom (00:28:29) Forward Deployed Engineers & Lessons From Palantir (00:33:41) Flat Organizations, Transparency & AI-Native Management (00:37:19) Small Teams & Putting Engineers Everywhere (00:43:00) Where ElevenLabs Is Growing Fastest (00:44:38) Taste, Art & Science in AI (00:48:23) Using AI to Amplify Human Potential (00:55:19) Becoming an Entrepreneur & Building With Piotr (00:56:49) Why Mati Won't Sell ElevenLabs (01:04:01) Voice as the Interface for AI (01:06:49) Turning Conferences Into a Business Tool Learn more about your ad choices. Visit megaphone.fm/adchoices