20VC: What VCs Really Mean They Say 'Stay In Touch', Why Incentivisation Through Perks Is Lazy & Why Founders Should Always Under-Promise & Over-Deliver with David Politis, Founder @ CEO @ Bettercloud
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch - Podcast autorstwa Harry Stebbings
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David Politis is the Founder & CEO @ Bettercloud, the first ever unified SaaS management platform. Bettercloud have raised over $40m in funding from some of today's best investors including past guests from Accel, Greycroft Partners and Flybridge Partners, just to name a few. Before founding BetterCloud, David was an early employee of Cloud Sherpas (acquired by Accenture [NYSE: ACN]) where David led Cloud Sherpas to become the leading Google Apps services provider and reseller to SMBs worldwide. Prior to Cloud Sherpas, David was the founding employee and General Manager of Vocalocity (acquired by Vonage [NYSE: VG]), which he grew into one of the top providers of cloud PBX technology.
In Today’s Episode You Will Learn:
1.) How Dave came to found Bettercloud? What was the a-ha moment for him?
2.) Why does David like to invest in everything but perks? What are the challenges of incentivising a team with Perks? What are the alternatives?
3.) What are the limits to transparency? Can there ever be too much transparency? How do you engender a culture of radical transparency within the workforce?
4.) How was the fundraising process for David? how did it alter and develop with every round? What did he do well and what would he improve upon?
5.) How can founders optimise the on boarding process for new hires? What is fundamental? What are the common mistakes and how can this be hacked for success?
Items Mentioned In Today’s Show:
David's Fave Blog: Recode
David's Fave Book: Banker To The Poor
As always you can follow Harry, The Twenty Minute VC and David on Twitter here!
Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC.
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