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    Business

    The Founder Formula

    This is The Founder Formula: Every passing moment, a tech startup disrupts life as it was. In humanity’s pursuit of faster, better, and higher capacity, fresh companies are tackling old problems and modern complexities, all while pushing the bounds of the future.

    The Founder Formula brings you in—behind the curtains and inside the minds of executives at Start-ups that have traditionally only been found in Silicon Valley—and the Venture Capital Firms that fund them. Each interview will feature a transformative leader who’s behind the wheel at a fast-paced & innovative tech firm. They’ll bring you an insider’s look at what it takes to create a technology company, scaled it, and lead it into the future

    You’ll hear topics that cover cybersecurity, AI, blockchain, IoT, quantum computing, cryptocurrency, immersive experience, VR, and overall digital transformation. From time to time, you’ll also hear from Founders outside of the technology industry.

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    Latest Episodes:
    Making Company Culture a Priority Dec 16, 2020
    Show notes

    On this week's episode of The Founder Formula, we talk with Renen Hallak, Founder and CEO of VAST Data. In 2019, he was honored for entrepreneurship by Goldman Sachs at their annual Innovator Summit. His company also recently made the news by raising $100M in Series C Funding — so it's safe to say that Renen knows a thing or two about being a successful founder.

    Our conversation was incredible, and we were fortunate that Renen was so generous with his time. We discussed, among other things:

    - The key differences between the hardware and software company and how those experiences differ greatly.

    - The journey to four successful fundraising cycles and why the most recent $100M cycle was so unique.

    - The complex decisions that go into selecting a board of directors for your company

    - Making company culture a foundation from day 1

    Listen to this and all of The Founder Formula episodes at Apple Podcasts, Spotify, or our website.


    When launching a company, start by knowing and never lose sight of your customer Nov 19, 2020
    Show notes

    On this week's episode of The Founders Formula, we talk with Rehan Jalil. Rehan is a successful three-time founder, holds an AMP from Harvard Business School, has over 25 patents either granted or pending, and was named one of Ernst & Young's Entrepreneur of the Year finalists. So it's safe to say that Rehan knows a thing or two about the founder's journey, and we were blown away with the wisdom and practical advice he had for us during this interview. We discussed, among other things:

    - What to look for when assembling the winning founding team

    - The most important part of the pitch

    - The most gratifying moments for a founder

    - The lessons he's learned along the way that all founders should keep in mind

    Listen to this and all of The Founder Formula episodes at Apple Podcasts, Spotify, or our website.


    This 2-Time Founder Ignored Tradition & Went Bootstrap Sep 01, 2020
    Show notes

    Our recent podcast guest & 2-time founder saw entrepreneurship as a way to have an impact on the world.

    He & his employees wanted to do something to help fight against COVID-19, so they made their whole enterprise solution free to COVID-19 researchers.

    That's true impact. That's wanting your work to do good in the world.

    In this episode, we interview Justin Borgman, Co-founder & CEO at Starburst, about founding his second startup.

    What we talked about:

    - His impetus for entrepreneurship arrived at age 12

    - The differences between his 1st and 2nd companies

    - Company culture & values (not "the Silicon Valley mentality")

    - How he views his competitors

    Listen to this and all of The Founder Formula episodes at Apple Podcasts, Spotify, or our website.


    How a Liberal Arts Kid Turned into an Accelerated Analytics Founder Jul 21, 2020
    Show notes

    When I asked Todd what clued him in that he was destined to become an entrepreneur, he said, "Intense curiosity."

    The first-time founder taught himself Arabic, programming languages, data science, and entrepreneurship.

    In this episode, I interview Todd Mostak, Cofounder and CEO at OmniSci, about his amazing startup journey.

    What we talked about:

    - Winning a contest for his first $100K

    - Thesis at Harvard, research fellowship at MIT, and Verizon Wireless as an early client

    - The mismatch between early hires, culture, and startup nimbleness

    Listen to this and all of The Founder Formula episodes at Apple Podcasts, Spotify, or our website.


    The Path from Accounting Major to Programmer to Ringing the IPO Bell Jun 30, 2020
    Show notes

    George Kurtz is the President, Founder, & CEO of CrowdStrike, but his journey to the CEO of a $20B+ company isn't one that a lot of people would expect.

    On this episode of The Founder Formula, we sit down with George to discuss:

    - What nearly got him fired from PricewaterhouseCoopers

    - Why his lack of collegiate tech background makes him a more effective tech CEO

    - How CrowdStrike had a remote work force model in place before COVID19 hit

    - Why the IPO is the green flag for a company, not the checkered flag.

    Listen to this and all of The Founder Formula episodes at Apple Podcasts, Spotify, or our website.


    Want To Get Early Customers? Send them pizza and 5 hour energy. Jun 05, 2020
    Show notes

    After growing up in Anne Arbor and attending the University of Michigan, Jon Oberheide and his partner Dug Song started their career as offensive security researchers.

    They soon found that it's really easy to break things in the security space but it's a lot harder to build something resilient.

    Jon joins us on this episode of The Founder Formula to share the story of their journey, and some of the simple solutions they were able to identify early on such as:

    - Changing the customer experience

    - Making free trials available

    - Offering a solution that can deploy in 5 minutes

    - Purchasing with a credit card (which at that time was unheard of!)

    Listen to this and all of The Founder Formula episodes on Apple Podcasts, Spotify, or our website.


    A Founder's Two Most important Relationships Revealed Jun 02, 2020
    Show notes

    "The only reason to launch a start-up is because you have to!"

    In this episode, we talk to cloud entrepreneur and innovator Craig McLuckie.

    He talks about the time to launch a startup when you see 2 things:

    1) A total addressable market

    2) A moment of disruption

    Listen to this and all of The Founder Formula episodes on Apple Podcasts, Spotify, or our website.


    From Successful Tech Start-up Founder to Successful VC Founder May 29, 2020
    Show notes

    Cindy Padnos has not only done it twice, she's in a great position to advise those who only need to do it once.

    Cindy is unique in that she founded her own tech company that was purchased by Oracle. She then found her second company, one that funds entrepreneurs.

    Her advice? Focus on the things that matter - then go off and build a great business!

    Cindy believes she has founder genes in her DNA - always thought like a founder. She launched her first company Vivant because, as she put it, she had no more excuses.

    When describing starting a company: It was back breaking, gut wrenching work - and the most fun she'd ever had!

    What does she look for in a founder? Someone scrappy, resilient, who demonstrates the ability to attract talent and knows how to celebrate wins.

    If you take away fear and uncertainty and focus on building a solid business you'll be the better for it. Focus on getting a few things right then when the uncertainty is lifted you'll be in a much better position.


    Software as a Weapon: A Soldier Founds a Cybersecurity Company May 26, 2020
    Show notes

    "Software is a weapon."

    And the thing about weapons is, they can be used to attack.

    Or they can be used to defend.

    And if you know how they can be used to attack, it only makes them all the easier to defend when the time comes.

    On a recent episode of The Founder Formula, we sat down with Lior Div, who traded his life in the Israeli army, for a life as a CEO & Co-Founder of a cybersecurity company. We talked all about:

    - His time in the Israeli army and how his experiences there set him up for a career as a CEO

    - What it was that prompted him to start his own company

    - Why it's not a matter of IF you get hacked, but a matter of WHEN

    Listen to this and all of The Founder Formula episodes at Apple Podcasts, Spotify, or our website.


    Think COVID 19 is a bad time to start a company? Think again. May 20, 2020
    Show notes

    This is a terrible time to be trying to start a company.

    Right?

    Maybe not.

    While it might seem like the worst possible time to be throwing your energy, time, and money into starting a company, what if this were the best possible time to embark on this crazy journey?

    Gaurav Manglik thinks this might just be your time.

    And it's not just about starting a company. If you are starting, what do you need to do? How can you increase your chances of getting funded?

    Gaurav was a guest on The Founder Formula recently, and was kind enough to talk with us all about:

    - Some of the most common myths about working for a VC

    - Why your business plan could be the thing that makes the difference between success and failure

    - What it was like having your company purchased by one of the largest enterprise tech firms in the word: Cisco

    Listen to this and all of The Founder Formula episodes at Apple Podcasts, Spotify, or our website.


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