20VC: a16z’s Martin Casado on How the Venture Model is Broken, Why VCs Should Be Running Wall St, Who Wins and Who Loses in the Next Generation of Venture & Investing Lessons from Marc Andreesen, Ben Horowitz and Chris Dixon
5th December 2022
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
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