Weekly Recap June 14-18
Jason Calacanis
I invest in 100 new startups a year... get a meeting with my team at launch.co/apply, or learn how to start a company by joining founder.university (our 12-week course). watch thisweekinstartups.com if you love startups
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- Scaling you Startup: Essential Early-stage Advice with Intercom CSO Des Traynor | 1234
- CEO Interview: Genies CEO Akash Nigam | 1233
- Founder Roundtable: Alternative Asset Investing with Masterwork's Scott Lynn, Fundrise's Ben Miller, and Rally's Chris Bruno | 1232
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What's Most Important When Scaling your Startup
Des Traynor, CSO & Founder of Intercom
Des believes there is an "epidemic" of startup advice that can overwhelm founders. In this episode, he shared the most important factors for startup success he's learned from growing Intercom to $150M+ in revenue.
- Vision and Mission - have a clear reason to exist other than making money, it simplifies future decisions and keeps people inspired & aligned
- Speed - moving fast is what startups are valuable, invest in removing roadblocks & bottlenecks, and be wary of anything that slows you down
- Product Customer Fit - build a product where customers use your solution every time they have that problem
- Product Market Fit - craft a repeatable, reliable, and efficient way to reach the people who have the problem your product solves.
Avatars & Digital Goods with Genies CEO Akash Nigam
Genies recently announced a $65M funding round led by Bond Capital. Akash's vision is to build a portable digital avatar for social media and gaming.
Genies has already had success in working with celebrities to use Avatars in brand deals, fan engagement, music videos, and more. Now, they are launching their consumer-facing avatar maker and digital good marketplace. Imagine celebrities releasing 50 digital t-shirts to commemorate a new album, fans will buy these and display them on their own Genies avatar.
The marketplace is being built in partnership with the team at Dapper Labs (makers of NBA Top Shot). They have already tested several drops of NFT digital goods with influencers like singer Shawn Mendes and European soccer player Mesut ?zil.
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Alternative Asset RoundtableThree founders joined Jason to talk about the growing market for securitized alternative asset investing.
Scott Lynn is the CEO of Masterworks, a company that sells stakes in high-value contemporary art they deem likely to appreciate.
Ben Miller is the CEO of Fundrise, a real-estate investment startup that allows all investors to buy direct ownership stakes in a portfolio of rental residential real estate.
Chris Bruno is the President of Rally, a startup that allows investors to buy stakes in collectible and unique assets like trading cards, comic books, classic cars, domain names and more.
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