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Seed to Sequoia
Seed to Sequoia
Author: Silverwood
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Practical advice on go-to-market from leading investors, founders, and advisors. Host Alex Shartsis has been it all–founder, employee, investor, even the guy at the big company whose job is buying little companies. Learn what works and what mistakes to avoid. Hear unvarnished stories of the tough times, the pivots, and the big wins. But mostly what to avoid. Whether you’re hiring your first salesperson, or preparing for your next financing round, you’ll learn something useful you can use right away.
22 Episodes
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Dave Hersh, former entrepreneur and founder of Jive Software, shares his insightful journey from bootstrapping to IPO and beyond.
Dave is also the Author of 1 in 10,000, a newsletter on
The Future of Competitive Advantage: Case Studies and Strategies for Building Moats in the Age of Commoditized Technology
In this episode, Host Alex Shartsis dives into the unspoken challenges of startup growth with Dave, highlighting the pitfalls of premature scaling, the importance of understanding your company's soul, and the often-overlooked impact of a founder's mental health on business success.
Tune in as Dave discusses:
The systemic flaws in the venture capital model and how to navigate them
Strategies for identifying and capitalizing on your company's unique strengths
The critical distinction between ego-driven and soul-driven decision-making
Practical advice for founders on sustainable growth, funding, and leadership development
Gain valuable perspectives from Dave's experiences and apply them to your own entrepreneurial journey.
Show Notes:
0:00 | Introduction
01:12 | From Bootstrapped to Public: Dave's Journey with Jive Software
12:08 | Restructuring for Success: Leadership Lessons from a Turnaround
14:00 | The CEO's Hidden Struggle: Mental Health, Wellness, and Company Performance
20:02 | The Waste in Venture Capital: Why Premature Scaling Often Fails
28:50 | Investors vs. Customers: The Conflict That Can Sink Your Business
41:47 | The Human Advantage: Investing in Emotional Market Openings and Flourishing
45:25 | From Ego to Empathy: Jesse's Transformation and the Power of Culture Shift
53:04 | Transforming Yourself, Transforming Your Company: The CEO's Intuitive Journey
Guest: Dave Hersh(linkedin.com/in/davehersh)
Host: Alex Shartsis (linkedin.com/in/shartsis)
Audio Engineer & Video Editor - James Fixx (fixxmusic.com)
Music by the Great White Shark (Shark Shartsis)
The Seed to Sequoia podcast is created by Silverwood Advisors to help founders with practical advice on building successful startups.
If you would like to get expert advice for your startup reach out to us on:
Website: silverwood.ai
Linkedin: linkedin.com/company/silverwood-advisors
Tony Stubblebine is the CEO of Medium, a renowned platform for writers and readers, and a seasoned entrepreneur with a rich history in tech, having co-founded several successful startups.
Join Alex Shartsis in this episode as Tony shares his personal anecdotes and hard-won insights from turning around Medium, highlighting the importance of situational leadership, and navigating the challenges of scaling a platform. He also reflects on his earlier experiences, including the rise and fall of Odeo, and the unexpected success of Twitter, providing a nuanced understanding of the entrepreneurial journey.
This episodes will give you actionable advice on how to adapt your leadership style to drive growth, and develop a deeper understanding of the intricacies involved in scaling a successful platform.
Show Notes:
0:00 Introduction
1:16 Tony Stubblebine's Background and Introduction
2:07 Evan Williams' Impact on Online Publishing
20:09 Pivotal Decisions in Medium's Growth
36:41 Medium's Turnaround to Profitability
48:38 Overcoming Financial Challenges at Medium
49:12 Medium's Ambition and Growth Strategy
50:53 Differentiating Medium in the Market
1:06:46 Lessons on Patience and Perseverance in Entrepreneurship
Guest: Tony Stubblebine (linkedin.com/in/tonystubblebine/)
Host: Alex Shartsis (linkedin.com/in/shartsis)
Audio Engineer & Video Editor - James Fixx (fixxmusic.com)
Music by the Great White Shark (Shark Shartsis)
The Seed to Sequoia podcast is created by Silverwood Advisors to help founders with practical advice on building successful startups.
If you would like to get expert advice for your startup reach out to us on:
Website: silverwood.ai
Linkedin: linkedin.com/company/silverwood-advisors
Luke Hohmann is a serial entrepreneur, author, and pricing expert. He recently wrote "Profit Streams," a book about effective software pricing strategies. With experience in multiple startups, successful exits, and even a significant failure, Luke brings valuable insights to the table.
Join Host Alex Shartsis in this episode as Luke shares crucial knowledge about software pricing strategies, challenging common misconceptions and highlighting the risks of underpricing in the tech sector. They discuss the benefits of bootstrapping, the importance of understanding customer value, and how to avoid common pricing errors as companies grow. Luke also provides practical advice for founders on quantifying value, institutionalizing customer feedback, and making smart hiring decisions.
Show Notes:
0:00 Introduction
1:04 Luke's background
2:58 The importance of pricing in software companies
11:15 Benefits of bootstrapping and equity retention
22:30 Case study: Underpricing in AI fraud detection
36:51 Common pricing errors as companies grow
49:10 Understanding reference pricing
59:28 The importance of discount analysis
1:17:06 Best practices for founders
Guest: Luke Hohman (linkedin.com/in/lukehohmann/)
Host: Alex Shartsis (linkedin.com/in/shartsis)
Audio Engineer & Video Editor - James Fixx (fixxmusic.com)
Music by the Great White Shark (Shark Shartsis)
The Seed to Sequoia podcast is created by Silverwood Advisors to help founders with practical advice on building successful startups.
If you would like to get expert advice for your startup reach out to us on:
Website: silverwood.ai
Linkedin: linkedin.com/company/silverwood-advisors
Gregoire Viasnoff is the VP of the Incubation practice of SE Ventures which is a corporate arm of Schneider Electric having 1B+ Assets under management focused on sustainability, energy management and Industry 4.0. Gregoire and his team are transforming ideas into scalable and independent VC backed start-ups. They incubate around 2 companies per year and their young portfolio already includes 1 unicorn: Verkor, 3 exits (EiQ to NextEra, Aplines and Dash Energy to Schneider Electric) and 5 promising seed ventures.
Join Host Alex Shartsis in this episode as Gregoire shares insights into how SE Ventures supports startups from ideation to later stages, emphasizing their ability to provide funding, expertise, and commercial agreements tailored to each company's needs. They talk about the value of deep market insights in shaping successful products, the importance of quality over quantity, timing, and founder motivation in selecting and nurturing startups for success. Gregoire also shares his best practices for founders aiming to build scalable and global companies.
Show Notes:
0:00 Introduction
1:05 Gregoire's journey to corporate VC
7:01 Schneider Electric's presence in energy management
8:58 SE Ventures' approach to accelerating startups
10:34 SE Ventures' support from ideation to later stages
14:35 Investment motivation and decision-making at SE Ventures
25:33 Success story: Verkor and gigafactory investment
27:56 Creating ventures through incubation
49:17 Best practices for founders: Curiosity, team building, and global mindsetGuest: Gregoire Viasnoff (linkedin.com/in/viasnoff/)
Host: Alex Shartsis (linkedin.com/in/shartsis)
Audio Engineer & Video Editor - James Fixx (fixxmusic.com)Music by the Great White Shark (Shark Shartsis)
The Seed to Sequoia podcast is created by Silverwood Advisors to help founders with practical advice on building successful startups.
If you would like to get expert advice for your startup reach out to us on:
Website: silverwood.ai
Linkedin: linkedin.com/company/silverwood-advisors
Nate Williams is the Co-Founder and Managing Partner of Union Labs - an applied DeepTech seed fund focused on building and backing leading seed-stage startups in Climate, PropTech and Mobility.
Nate is a hands-on serial entrepreneur having previously played roles as an EIR at Kleiner Perkins, CRO & Head of Business at August Home, Inc. which became a leader in Smart Home Access, later acquired by Assa Abloy in 2017. He was also the CMO & Head of Business at Greenwave Systems and Senior Director of Marketing & Business Development at Google subsidiary Motorola Mobility.
Join Host Alex Shartsis in this episode as Nate shares about the different stages of sales in a startup's life, from day zero to a scalable product, and the importance of a team approach to sales efforts.
He shares his advice on creating a channel map to reach customers and markets, and talks about the risks of customer concentration. This channel mapping approach brought huge success when he was heading the business at August Home.
Nate also talks about the significance of the Chief Revenue Officer (CRO) title and the shift in funding trends towards mitigating technical and go-to-market risks early on.
Show Notes:
0:00 Introduction
9:38 Startup Sales Stages: From Jungle to Highway
11:17 Team Approach to Sales: Beyond Founder-Led Selling
15:23 Channel Mapping: Strategic Market Reach
21:11 Early Client Engagement: Setting the Deal Clock
23:38 Customer Concentration Risks: Balancing Goals
35:13 Targeting Influential Profiles: Building Key Relationships
40:23 CRO Role: Signaling Structured Sales Growth
49:52 Funding Trends: Balancing Technical and Market Risks
Guest: Nate Williams (linkedin.com/in/nathandwilliams)
Host: Alex Shartsis (linkedin.com/in/shartsis)
Audio Engineer & Video Editor - James Fixx (fixxmusic.com)
The Seed to Sequoia podcast is created by Silverwood Advisors to help founders with practical advice on building successful startups.
If you would like to get expert advice for your startup reach out to us on:
Website: silverwood.ai
Linkedin: linkedin.com/company/silverwood-advisors
Rob Christenson is the CEO and Co-Founder of oPRO AI, an AI startup that uses machine learning techniques to enable complex manufacturing operations to achieve higher optima — higher yields, lower energy use, reduced emissions, safer and stabilized operations.
Rob has had success in founding companies, going from $0 to one exit at about $100 million a year. He was the SVP of PROS, a leading AI pricing company that he worked on for 14 Years, taking it public.
Join host Alex Shartsis in this episode as Rob shares the journey of Opro AI, from its origins in the oil and gas industry to becoming a leader in industrial automation. He discusses Opro's playbook for tailoring AI solutions to specific industrial needs, emphasizing scalability and consistency. Rob also talks about the importance of strategic planning, building credibility, and ensuring value for customers in the rapidly evolving field of Industrial AI.
Show Notes:
0:00 Introduction
4:22 Origin of Opro AI
8:19 Opro's Industrial AI Playbook
10:49 Expanding Customer Base
12:35 Fundraising for Team Growth
18:45 Scaling Value in Large Markets
22:44 Organizational Growth Strategies
25:42 Indicators for Industry Focus
31:01 Selling Large-Scale Projects
36:56 Evolution of Pilot Programs
47:10 Opro's Vision: AI for Efficiency
Guest: Rob Christenson (linkedin.com/in/rob-christenson-009a463)
Host: Alex Shartsis (linkedin.com/in/shartsis)
Audio Engineer & Video Editor - James Fixx (fixxmusic.com)
The Seed to Sequoia podcast is created by Silverwood Advisors to help founders with practical advice on building successful startups.
If you would like to get expert advice for your startup reach out to us on:
Website: silverwood.ai
Linkedin: linkedin.com/company/silverwood-advisors
Lars Leckie is the managing director and partner of Aspenwood Ventures. He and his partner Steve started their career at the first ever software focused venture capital firm that started back in the late eighties, and took over that firm turning it ino Aspenwood Ventures.
They look for disruptive technologies and market shifts, aiming for companies to reach $100 million in revenue and stressing the importance of building real businesses and identifying founders with a track record of success.
The investing history Lars draws on includes multi billion dollar exits like Hyperion, Omniture, Mulesoft, and five nine.
Join Host Alex Shartsis in this episode as Lars shares with us the significance of sequential focus on product development, sales, and scaling, in that right order and how founder bets in these areas can lead to massive wins for startups.Show Notes:1:57 Aspenwood Ventures' Focus on Enterprise Software
4:12 Early Investments in Founders: Hyperion, Omniture, Mulesoft
8:53 Criteria for Early-Stage Investments: Disruption and Potential
14:14 Mulesoft's Journey: From Startup to Billion-Dollar Acquisition
17:30 Timing the Pivot: Proof Points over Rebuilding
21:10 Capital Efficiency: High Margins Fuel Enterprise Growth
33:57 Founder Priorities: Product, Sales, Then Massive Scaling
37:27 Fundraising Evolution: Adapting Pitches for Each Stage
Guest: Lars Leckie (www.linkedin.com/in/larsleckie/)
Host: Alex Shartsis (linkedin.com/in/shartsis)
Audio Engineer & Video Editor - James Fixx (fixxmusic.com)
The Seed to Sequoia podcast is created by Silverwood Advisors to help founders with practical advice on building successful startups.
If you would like to get expert advice for your startup reach out to us on:
Website: silverwood.ai
Linkedin: linkedin.com/company/silverwood-advisors
Companies Aspenwood Ventures has invested in:
Aria Systems Sonatype Klue Amberdata ArkoseLabs InsideSales Influitive Alpharank
Aspire Clarify Health Closefactor Connect The Dots Kloudfuse Klue MobileForce Nfinite Oomnitza Screenmeet Smartaccess Sonatype Stepfunction Symbium Vendia Wundergraph
Lars is also an active angel investor in companies like Tonal, BetterPlaceForests, Masterclass, Uberflip and others.
Chase Woolard is the founder of Early Stage HQ. He is a Bay-Area based talent leader with 12 years of experience helping startups hire and retain great people. The last 8 of those years he has been building and managing high-growth recruiting teams, starting originally in the agency world before moving into working internally, driving talent at venture-backed startups like Perfect Price, AngelList, and Hone.
Join Host Alex Shartsis as Chase underscores lean, smart hiring strategies, the importance of discussing metrics, past performance with potential hires, how job tenure/stability impacts decisions and so much more. Tune in to this episode and learn how to avoid making expensive hiring mistakes.
Show Notes:
3:50 Leaner and smarter hiring strategies advised by VC advisors
8:57 Necessity of hiring a sales-driving individual contributor at the seed stage
10:23 Importance of discussing specific metrics and past performance with potential hires
12:31 Importance of effective hires to avoid wasting money
12:44 Significance of stability, success, and job tenure in hiring decisions
24:37 Distinguishing between sales and marketing roles based on core skill sets and external factors
37:55 Importance of thoughtful offboarding to avoid brand damage and hiring challenges
49:00 Building a hiring brand to attract top talent and avoid negative reviews
Guest: Chase Woolard(linkedin.com/in/cwoolard/)
Host: Alex Shartsis (linkedin.com/in/shartsis)
Audio Engineer & Video Editor - James Fixx (fixxmusic.com)
Theme music - Matthew “Shark” Shartsis @thegreatwhiteshark
The Seed to Sequoia podcast is created by Silverwood Advisors to help founders with practical advice on building successful startups.
If you would like to get expert advice for your startup reach out to us on:
Website: silverwood.ai
Linkedin: linkedin.com/company/silverwood-advisors
This episode explores one of the most underrated and overlooked superpowers for founders and entrepreneurs - the ability to listen deeply to your customers.
It's easy to drift into building products and services based on our own assumptions and hunches. The founders and industry leaders joining us have battle-tested strategies for doing the opposite - obsessing over authentic customer voices to uncover game-changing insights.
You'll learn from Sean Byrnes why a perpetual "learner's mindset" and adaptability are crucial, especially in rapidly evolving tech landscapes. He'll share how your startup's survival may hinge on truly listening to customers.
Janel Galucci takes it a step further with a case study on how she used the voice of the customer to radically reshape her entire marketing strategy and messaging.
Matthew Leibowitz hammers home why a CEO's willingness (or unwillingness) to empathize with customers can make or break an entire venture. He'll share the framework he uses to merge customer listening with industry foresight.
Whether you're an upstart in a garage or a grizzled veteran, this is a master class in stealing an unfair competitive advantage by giving customers the attention they need. World-class founders make it a habit - click play and learn the secrets.
Show Notes:
0:59 Embracing a Learner's Mindset as a Founder in Tech
2:32 Avoid the "Solution Looking for a Problem" Trap
3:59 Using Customer Feedback to Shape Marketing Strategies
4:35 The Power of Authentic Customer Listening
6:35 The CEO's Role in Merging Customer & Industry Insights
8:11 Active Listening: From Interviews to Company Culture
Guests in this episode:
Sean Byrnes (linkedin.com/in/sbyrnes/)
Janel Galucci (linkedin.com/in/janelgallucci)
Aaron Endré (linkedin.com/in/aaronendre/)
Josh Posamentier (linkedin.com/in/posamentier/)
Matthew Leibowitz (linkedin.com/in/matthewleibowitz/)
Host: Alex Shartsis (linkedin.com/in/shartsis)
Audio Engineer & Video Editor - James Fixx (fixxmusic.com)
Theme music - Matthew “Shark” Shartsis @thegreatwhiteshark
The Seed to Sequoia podcast is created by Silverwood Advisors to help founders with practical advice on building successful startups.
If you would like to get expert advice for your startup reach out to us on:
Website: silverwood.ai
Linkedin: linkedin.com/company/silverwood-advisors
Matthew Leibowitz is the Co-Founder and Managing General Partner at Plaza Ventures, a growth-stage bespoke venture capital firm that focuses on structuring deals tailored to individual circumstances and strong relationships with companies. He has been a VC his entire professional career spanning 17 years and has seen the ecosystem evolve and completely change over the past 2 decades.
Join Host Alex Shartsis in this episode as Matthew shares with us his observations of what core values set apart the best CEO’s and founders from the mediocre, what are best practices for aligning the board with management teams and other lessons from his long experience as a VC.
Show Notes:
2:54 Unconventional Venture Capital Entry & Pattern Recognition
8:13 Bespoke Fund Structure & Strong Company Relationships
9:34 Providing Liquidity & Lifecyle Investment
16:38 Speed in Deal Execution & Recent 10-Day Transaction
17:53 CEO Best Practices: Overcommunication & Transparency
24:15 Integrity, Honesty, and Growth Mindset
26:17 Customer-Centric Approaches for Business Success
43:52 Prioritizing Customer Empathy for Business Success
47:06 Aligning Investor-Management Interests through Milestone Communication
Guest: Matthew Leibowitz (linkedin.com/in/matthewleibowitz)
Host: Alex Shartsis (linkedin.com/in/shartsis)
Audio Engineer & Video Editor - James Fixx (fixxmusic.com)
The Seed to Sequoia podcast is created by Silverwood Advisors to help founders with practical advice on building successful startups.
If you would like to get expert advice for your startup reach out to us on:
Website: silverwood.ai
Linkedin: linkedin.com/company/silverwood-advisorsCompanies Plaza Ventures has invested in:
Kitchen Hub Portless Vivecrop Super Symend Avidbots Hydrostor Kerv Placeholder Site 20/20 Clear Key Iguazio Landr Dejero Hubba CareGuide Drop PostBeyond SweetIQ Q4 Miovision MMBNetworks FindSpace
Aaron Endré is the founder of Endré Communications, that helps groundbreaking tech companies achieve their growth and impact goals with integrated marketing and PR strategies. Over the past 15 years, he has worked with some of the most innovative and disruptive companies in Silicon Valley — from pre-seed to publicly-traded — helping 3 of them achieve unicorn status; 12 secure profitable exits; and raise over $3 billion in VC funding to date.
Join Host Alex Shartsis in this episode as Aaron takes us into the world of startup PR, sharing the know-how and importance of building effective PR strategies that align with company vision, messaging and timing with market entry.
Show Notes:
0:00 - Introduction of Aaron Endré
4:15 - Structural Advantages for American Startups
7:12 - Understanding Startup PR
18:56 - Evolving PR Strategies for Growing Companies
28:20 - Importance of Messaging for Early-Stage Startups
33:15 - Measuring PR ROI and Impact on Business Metrics
41:24 - Preparation for Journalist Interviews
51:59 - Integrating Marketing Strategies in Customer Contracts
Guest: Aaron Endré (linkedin.com/in/aaronendre)
Host: Alex Shartsis(linkedin.com/in/shartsis)
Audio Engineer & Video Editor - James Fixx (fixxmusic.com)
The Seed to Sequoia podcast is created by Silverwood Advisors to help founders with practical advice on building successful startups.
If you would like to get expert advice for your startup reach out to us on:
Website: silverwood.aiLinkedin: linkedin.com/company/silverwood-advisors
Janel Gallucci, is the founder of Gallucci Ventures. She is a sales powerhouse whose career spans from the bustling streets of New York City to the heart of Silicon Valley's tech landscape. Rising through the ranks from SDR to sales director, Janel's relentless hustle led her to spearhead a startup office to profitability within its first quarter in San Francisco. Her tenure at Hearst and LinkedIn solidified her reputation as a formidable force in tech sales, ultimately propelling her into the realm of startup consultancy, where she shares invaluable insights from these Industry giants.
Join Host Alex Shartsis and Janel Gallucci in this episode as they discuss the need for entrepreneurs to recognize their position to attract talent and build effective sales strategies, focusing on sustained growth, proper onboarding, and creating a vibrant talent bench.
00:00 Episode Preview
00:53 Introducing Janel Gallucci
02:05 Janel’s Journey: From New York Hustle to Sales Leadership
05:14 The Art of the Hustle in Sales Success
08:47 Mastering Sales Metrics and Goals as a Founder
10:47 Early Stage Sales Strategy: Identifying Your ICP
14:19 Leveraging Customer Feedback for Sales Strategy
20:13 Building Your First Sales Team: Strategies and Insights
23:38 Understanding Sales Compensation: OTE, Quotas, and More
31:43 Unlocking Sales Success: Strategies and Missteps
32:11 Incentivizing Sales Teams: Beyond the Basics
32:50 The Art of Sales Compensation: Finding the Right Balance
34:07 Building a Strong Sales Team: From Hiring to Retention
37:08 Navigating Sales Challenges: A Founder’s Guide
42:42 Sales Tactics and Hiring Insights: A Deep Dive
43:08 Leveraging Experience: The Power of Hiring in Pairs
57:22 Final Thoughts and Advice for Founders
Guest: Janel Galucci(linkedin.com/in/janelgallucci)
Host: Alex Shartsis(linkedin.com/in/shartsis)
Audio Engineer & Video Editor - James Fixx (fixxmusic.com)
The Seed to Sequoia podcast is created by Silverwood Advisors to help founders with practical advice on building successful startups.
If you would like to get expert advice for your startup reach out to us on:
Website: silverwood.ai
Linkedin: linkedin.com/company/silverwood-advisors
Many startup founders tend to not plan around series B and C since they're too focused on closing earlier stages of investment, missing the forest for the trees in the bargain.
In this episode, Hammad Aslam of Susa Ventures outlines the transformative journey of startups from seed stage to Series A and the crucial reasons behind considering Series B and C stages early on.
Founders have plenty to gain from tuning into this episode as Hammad offers some very practical advice on :
Founder involvement in deal closures
The role of a VP of finance in driving efficiency
The significance of aligning product strategies with target markets.
In this episode, we dive deep into the world of clean tech with Kristian Hanelt of Ultra Capital, exploring the ever-evolving landscape of renewable energy, funding cycles, and market dynamics.
Tune in to the episode to discover:
Kristian's journey from the coal mines to clean energy.
Insights into navigating the funding market for clean tech startups
The importance of execution-focused investment strategies
Managing team dynamics and board interactions
Understanding investor dynamics and fund structures
Kristian Hanelt has also been on the Board of the below companies:
On.Energy
Envirospark Energy Solutions
Aspen Power
Solridge
What's new in the startup legal landscape? Turns out, something never seen before!
In this episode of the Seed to Sequoia Podcast we speak to Ronnie Roy of DME Law.
What's that new change? It's much more merger-of-equals activity than ever before. This rare type of deal has become very popular with startups. Learn about this unique type of deal, whether it might be right for your company, and how to pull it off.
We also discuss the importance of clear commercial and legal terms in deals, other market trends in the startup space, and the risks and considerations when considering a merger or acquisition. Ronnie also touches upon topics of fundraising, insider participation, negotiating power and more.
In this week's Coaching Snack we revisit insights from successful founder Sean Burns and the importance of customer focus, finding a visually compelling problem, and listening to feedback.
Sean Byrnes is a Partner at Near Horizon (nearhorizon.vc). He started his first company, Flurry, in 2005, which became one of the largest analytics and ad platforms in the world. He later sold it to Yahoo in 2014. Sean has been a founder, investor and advisor over the years and has a wealth of lessons to share.
Join host Alex Shartsis In this episode as Sean shares with us the essentials of successful company building, emphasizing the significance of pivoting, meticulous customer research, and the pursuit of problems that resonate with customers.
Show Notes:
0:00 - Importance of Pivoting
1:22 - Sean's Background: Founder, Investor, Coach
6:35 - Finding Needed Problems for Successful Products
14:47 - Real Business with Revenue Over Fundraising
17:10 - Necessity of Founder-Led Sales, Avoiding Early Hiring
20:48 - Making Founder's Selling Replicable
22:46 - Challenges in Bringing in First Salespeople
25:06 - Importance of Getting Help in Hiring Salespeople
45:46 - Early Stage Sales Hires: Variable Compensation
48:02 - Commitment Over Lower Quota
52:33 - Prioritizing Customer Success Before Sales
54:31 - Customer Success: Not Just a Cost Center
56:19 - Product Leading to Revenue Growth
1:05:40 - Managing Board's Expectations
1:09:03 - Trial and Error in Go-To-Market Strategy
1:12:29 - Building a Cohesive Team
Guest: Sean Byrnes(linkedin.com/in/sbyrnes/)
Host: Alex Shartsis(linkedin.com/in/shartsis)
Audio Engineer & Video Editor - James Fixx (fixxmusic.com)
The Seed to Sequoia podcast is created by Silverwood Advisors to help founders with practical advice on building successful startups.
If you would like to get expert advice for your startup reach out to us on:
Website: silverwood.ai
Linkedin: linkedin.com/company/silverwood-advisors
More about Sean Byrnes:
Aside from Flurry, Sean has also been the CEO of Outlier AI, a Board Member of Great NonProfits and the Author of the Newsletter - The Breaking Point.
Here are some questions founders can have answered through this episode:
What is the importance of presales over traditional sales techniques in the early stages?
How do you determine if there is a burning demand for a product before it even exists?
What is the importance of finding a problem that people viscerally need solved for a successful product?
What is the advantage of enterprise solutions over consumer products in terms of research and market validation?
How does Sean challenge the notion of a founder having a mystical vision for their product, and what does he advocate instead?
What is the difference between product-led growth and relationship-led growth in terms of customer satisfaction?
In what ways does customer success contributes to reducing the cost of acquiring new customers?
What was the specific pricing tactic implemented by Sean at Outlier? What was the most significant lesson he learned from implementing it?
This week's coaching snack recaps lessons from the intricate world of building a climate tech startup. We explore essential practices for success, from harnessing the power of customer feedback to navigating the fundraising landscape with integrity.
Key takeaways:
Harnessing the Customer Voice: Discover how prioritizing customer conversations, beyond sales pitches, fuels product development and builds trust.
Building Trust with Investors: Learn how to establish transparency and deliver on promises, even when facing challenging forecasts.
Scaling Wisely: Understand the risks of premature scaling, including wasted resources and potential reputational damage.
Founders and Sales: Explore the human-centric approach to building a high-performing sales team.
The Power of Board Members: Gain insights into identifying the right board members for your startup's unique journey.
Actionable Founder Advice: Hear three practical tips every founder should adopt, including regular investor updates, upfront communication, and prioritizing genuine customer conversations.
Join us as we unpack these valuable insights and empower you to build a thriving, sustainable startup!
Joshua Posamentier is Managing Partner of Congruent Ventures, an early stage which invests early in companies in the sustainability ecosystem with companies focused on the energy transition, smart cities and mobility, food and agriculture, and sustainable consumption and production. With over 25 years of experience spanning venture (Prelude Ventures, ICap) and operating roles (Intel, NSC, TI, Blipstream), he was a core part of Intel’s first wireless chip team, built $100M+ business units, and has 50+ patents issued or pending.
Josh's journey is a testament to the power of interdisciplinary expertise. Join Host Alex Shartsis as we explore Josh’s unique path and his impact on the startup ecosystem.
Technical founders have plenty to gain from this episode as he shares some great tips for them having being a technical person himself.
Show Notes:
0:38 Sales Capacity in Early Stages
5:25 Raising a Venture Fund
8:03 Execution in Fundraising
17:43 Founders' Preparation for Series A
30:16 Transition to Sales Team
38:37 Scaling Sales Teams
41:38 Choosing Board Members
47:57 Advice for Technical Founders
Guest: Joshua Posamentier(linkedin.com/in/posamentier)
Congruent VC(congruentvc.com)
Host: Alex Shartsis(linkedin.com/in/shartsis)
Audio Engineer & Video Editor - James Fixx (fixxmusic.com)
The Seed to Sequoia podcast is created by Silverwood Advisors to help founders with practical advice on building successful startups.
If you would like to get expert advice for your startup reach out to us on:
Website: silverwood.ai
Linkedin: linkedin.com/company/silverwood-advisors
Below is a list of Companies Josh has either invested in or been a board member of:
Bonsai Robotics. Lydian. Muon Space. Climate Robotics. Avalanche Energy. Alloy Enterprises. Pico MES. Parallel Systems. Rendered.AI. Meati Foods. Petra. Polyspectra. Fox Robotics. Energetic Insurance. Sense Photonics. Natron Energy. Pivot Bio. Sense Labs. Ripple Foods. Quantum Space. Trove. Bellwether Coffee. TeleSense. Acceptto Corporation. Heliotrope Technologies. Prelude Ventures. SolarBridge Technologies. TagArray
Every week we post a 'coaching snack' to start your week off. We hit highlights from our last Thursday's guest and give you a couple of things to think about for the week that was past and the one that's coming.
In this episode we talk about
Being deliberate
Asking investors for more
Being too nice























