EPISODE · Jun 18, 2021 · 40 MIN
Sold My Startup for $780M: the Good, Bad, Ugly with Jack Smith, Vungle
from Billion Dollar Moves™ with Sarah Chen-Spellings | Global Venture Capital · host Sarah Chen-Spellings
This week we went deep on the growing pains of a startup, from PR nightmares to co-founder breakups, the challenge of shifting from a scarcity to growth mindset, and so much more with Jack Smith, serial entrepreneur & investor. @_jacksmith has co-founded multiple startups: Vungle, Coin, Shyp and advised many others. We talk everything from his startup outgrowing him to his lack of focus getting him to the right place & right time. -- 👊🏻 5 THINGS YOU'LL LEARN: - How Jack's curiosity from a tender age carried him through as an entrepreneur - The value of an incubator - should you join one? - What it takes to get to product-market fit, and then scale - What it means to outgrow your startup, and what you can do - The harsh reality of a startup's PR nightmare ⏳ TIMESTAMPS 00:00 - Intro 02:29 - Jack's early start in entrepreneurship 05:03 - Mediaroots evolution into Vungle 08:36 - Hacking screen record & how that led to San Francisco 10:49 - Should I join an incubator? Jack's learning from AngelPad 16:31 - The crappy engineer, launching to the next few stages 21:33 - What metrics mattered, that affirmed the Vungle vision? 24:42 - Jack's reflection on how the startup outgrew him 28:06 - Micromanaging to enabling others 30:50 - Handling a PR nightmare, and standing by his co-founder 32:40 - Jack's reflection on "making it" with the BIG exit — Billion Dollar Moves is THE show for the audacious; featuring the top US-Asia founders, funders and execs. From the growing pains of a unicorn journey to IPO, scaling a venture capital firm, we cover it all in the world of venture & business. Learn from the crème de la crème so YOU too, can make #billiondollarmoves — in venture, in business, in life. PODCAST INFO: Podcast website Watch on Youtube Join the community FOLLOW SARAH: LinkedIn: linkedin.com/in/sarahchenglobal Instagram: instagram.com/sarahchenglobal Twitter: twitter.com/sarahchenglobal
What this episode covers
This week we went deep on the growing pains of a startup, from PR nightmares to co-founder breakups, the challenge of shifting from a scarcity to growth mindset, and so much more with Jack Smith, serial entrepreneur & investor. @_jacksmith has co-founded multiple startups: Vungle, Coin, Shyp and advised many others. We talk everything from his startup outgrowing him to his lack of focus getting him to the right place & right time. -- 👊🏻 5 THINGS YOU'LL LEARN: - How Jack's curiosity from a tender age carried him through as an entrepreneur - The value of an incubator - should you join one? - What it takes to get to product-market fit, and then scale - What it means to outgrow your startup, and what you can do - The harsh reality of a startup's PR nightmare ⏳ TIMESTAMPS 00:00 - Intro 02:29 - Jack's early start in entrepreneurship 05:03 - Mediaroots evolution into Vungle 08:36 - Hacking screen record & how that led to San Francisco 10:49 - Should I join an incubator? Jack's learning from AngelPad 16:31 - The crappy engineer, launching to the next few stages 21:33 - What metrics mattered, that affirmed the Vungle vision? 24:42 - Jack's reflection on how the startup outgrew him 28:06 - Micromanaging to enabling others 30:50 - Handling a PR nightmare, and standing by his co-founder 32:40 - Jack's reflection on "making it" with the BIG exit — Billion Dollar Moves is THE show for the audacious; featuring the top US-Asia founders, funders and execs. From the growing pains of a unicorn journey to IPO, scaling a venture capital firm, we cover it all in the world of venture & business. Learn from the crème de la crème so YOU too, can make #billiondollarmoves — in venture, in business, in life. PODCAST INFO: Podcast website Watch on Youtube Join the community FOLLOW SARAH: LinkedIn: linkedin.com/in/sarahchenglobal Instagram: instagram.com/sarahchenglobal Twitter: twitter.com/sarahchenglobal
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Sold My Startup for $780M: the Good, Bad, Ugly with Jack Smith, Vungle
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