20VC: Why, How and When To Think About Growth Teams, The Right Way To Think About Network Effects & Scaling from Phase 1 To Phase 2 of Startup Life with Anu Hariharan, Partner @ YC Continuity Fund
20VC
Mar 4, 2018
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Anu Hariharan is a Partner @ Y Combinator’s Continuity Fund, the growth stage investing arm of Y Combinator that has made investments in the likes of Segment, Lob (coming on Friday), Convoy, where Anu is a board member and RazorPay. Prior to YC, Anu was an investment partner at Andreessen Horowitz, where she worked actively with the management teams of portfolio companies including Airbnb, Instacart, Medium, OfferUp and Udacity. Before that Anu was a Principal at The Boston Consulting Group’s Private Equity practice where she led multiple growth equity due diligences in the consumer and fintech sector.
In Today’s Episode You Will Learn:
1.) How Anu made her way from engineer to consultant to Andreesen investment partner to now, one of the leading members of YC’s growth stage investing vehicle?
2.) How does Anu truly define “network effect”? Where does Anu think startups most commonly misunderstand network effects? Which form of network effect does Anu find most exciting? Why? How has this evolved over the years?
3.) What are the 2 core indicators that show the sustainability of network effect? Looking at past examples of products and founders, who has best executed on this? What are the signs that founding teams fundamentally analyze and optimize network effect virality?
4.) Why does Anu believe that growth teams will be a fundamental requirement for companies in the future? What are the 2 mistakes startups make when establishing their growth team? How does one know when is the right time to build their growth team? What are the core challenges in scaling growth teams? How does this drive decision-making?
5.) How does Anu describe “Phase 1” and “Phase 2” of company scaling? What transition must the CEo adopt when making this scaling transition? Comparing founders, what are the commonalities in those that succeed with the transition and those that do not?
Items Mentioned In Today’s Show:
Anu’s Fave Book: Grit by Angela Duckworth
Anu’s Most Recent Investment: Convoy
As always you can follow Harry, The Twenty Minute VC and Anu on Twitter here!
Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC.
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