High Five Energy Founders podcast artwork

PODCAST · business

High Five Energy Founders

Host Jeffrey Chernick, a serial entrepreneur and investor, sits down with the world's top founders to unpack how they build, scale, and think. Featuring legendary entrepreneurs behind $200B+ in exits and IPOs—from Google AdSense to Prodege, Kiva to Telesign. Each episode reveals the pivots, failures, and mindset shifts behind iconic companies. Discover High Five Energy: the magnetic flow state where doors open, the right people show up, and opportunities align. Tools and inspiration for entrepreneurs at every stage. New episodes weekly. Follow @H5Efounders

  1. 7

    The Drummer of Linkin Park Led Him to a $1B Company | Scott Dudelson, Swag Bucks

    Scott Dudelson, co-founder of Prodege and Swag Bucks, reveals how a chance meeting with the drummer of Linkin Park at the Grammys led to a company he bootstrapped from his attic to a $1 billion exit — with zero VC money.THE REAL STORY: Scott never wanted a boss. He lived in an attic he couldn't stand up in, organized benefit concerts, and turned down the MBA path. A serendipitous reconnection at the 2006 Grammys connected him with his future co-founder and an idea that would evolve through multiple pivots — from charity search engines to band-branded rewards to Swag Bucks — before becoming a billion-dollar market research platform.WHAT YOU'LL LEARN:◼️ Why survival is the #1 skill in entrepreneurship◼️ How a front-row seat at the Grammys led to a billion-dollar company◼️ Why pivoting with data — not ego — separates winners from losers◼️ How mommy bloggers became the secret growth engine for Swag Bucks◼️ Why bootstrapping to $100M before raising a dollar made all the difference◼️ The Chuck Davis story: how one champion transformed the business◼️ Why knowing what you don't know is a founder superpower◼️ How concert photography became his version of meditationABOUT SCOTT DUDELSON:Scott Dudelson is the co-founder of Prodege (Swag Bucks), which he bootstrapped from his attic to over $100M in revenue before it was acquired by private equity for over $1 billion in 2021. He's also one of the world's most published live music photographers, having captured everyone from Kendrick Lamar to Paul McCartney. One of 18 founders featured in High Five Energy.GET THE BOOK: 📖 High Five Energy: A Different Kind of Founder features 18 visionary founders behind $200B+ in exits. Available wherever books are sold: https://a.co/d/iJlOfaqLISTEN ON ALL PODCAST PLATFORMS:🎥 YouTube: / @h5efounders🎧 Spotify: https://open.spotify.com/show/0eNPRGMGN1MM7S5bYy31Y8🎧 Apple Podcasts: https://podcasts.apple.com/podcast/high-five-energy-founders/id1872142713🎧 Everywhere you listen to podcastsCONNECT:🌐 Website: jeffreychernick.com📸 Instagram: @H5EFounders📸 Host: @jeffreychernick💼 LinkedIn: / jeffrey-chernickABOUT THE HOST:Jeffrey Chernick is Managing Partner at Yellow Visor Ventures, and author of High Five Energy. He's a 3x founder (RideAmigos, Vyng - 20M+ downloads) with 20+ years building companies. Featured in TechCrunch, Forbes, NBC, LA Times.#entrepreneurship  #startups #founder #venturecapital #swagbucks #bootstrapped #billiondollarexit #prodege #scottdudelson #linkinpark #highfiveenergy #bootstrappedstartup #startuppivot #founderstory #startupadvice #buildabusiness #novcmoney #entrepreneurpodcast #livemusicphotography #startupstory

  2. 6

    He Timed 10 Exits for $500M. Here's the One Thing He'd Tell Every Founder.

    Fred Krueger is one of the most prominent Bitcoin maximalists on the internet — and a Stanford PhD with 10 successful exits totaling over $500M. In this episode he says something that will surprise you — AI is bigger than Bitcoin, bigger than the internet, and the only thing founders should be focused on right now.Fred left Wall Street at 32 after trading bonds at Salomon Brothers with a billion-dollar balance sheet and no transferable skills. He moved to North Carolina with his brother, bought Windows for Dummies, and built one of the first paint programs for Windows — accidentally inventing Photoshop layers in the process. What followed was 30 years of riding waves: Windows, consumer internet, and now Bitcoin and AI.WHAT YOU'LL LEARN:Why "timing is everything" and how to spot the wave before everyone else doesHow Fred negotiated from $10M to $15M (then the stock doubled to $30M) by being willing to walk awayThe near-death experience every founder should expect before their exitWhy most entrepreneurs quit too early — and the one mindset that keeps you in the gameFred's take on AI: why small teams will win, and why you should spend all your time there right nowWhy Bitcoin is bigger than the internet — and what tokenization means for foundersTIMESTAMPS:01:27 From Quant to Startup Leap05:06 Building Matisse on Windows06:38 Inventing Layers and Shipping08:06 Marketing and Distribution Hacks13:38 Selling the Company15:32 Negotiation and Founder Mindset19:46 Project Two and Java Hype23:42 Vignette Lifeline and Big Outcome27:35 Luck Versus Timing31:36 Dotcom Wave And Iwin34:23 Crash And Quick Merger38:20 Golden Age Of AI42:11 AI Use Cases And Demos45:11 Bitcoin And Tokenization55:13 Closing ThoughtsABOUT FRED KRUEGER:Fred Krueger is a Stanford PhD mathematician who went from prop trading at Salomon Brothers to building 10 companies with 10 successful exits totaling over $500M. His first company co-invented Photoshop layers before selling to Macromedia. He's now a prominent Bitcoin advocate and AI builder.GET THE BOOK: 📖 High Five Energy: A Different Kind of Founder features 18 visionary founders behind $200B+ in exits. Available wherever books are sold: https://a.co/d/iJlOfaqLISTEN ON ALL PODCAST PLATFORMS:🎥 YouTube: @H5EFounders🎧 Spotify:

  3. 5

    Jessica Jackley: $3 Billion in Loans that Changed The World (Kiva Co-Founder)

    Jessica Jackley, Co-Founder of Kiva, reveals: How a $3,100 pilot with 7 friends in Uganda became $3 billion in micro loans — and why she never set out to be an entrepreneur.THE REAL STORY: Jessica wasn't chasing a startup. She stumbled into a lecture about microfinance, moved to East Africa with no plan, and spent months interviewing borrowers living on a few dollars a day. What she heard changed everything. She and her co-founder Matt launched Kiva with a self-written press release, no PR budget, and a handful of Ugandan entrepreneurs who needed a few hundred dollars. Within weeks, blogs were writing about it. Within a year, they'd facilitated $500K in loans. Kiva is now closing in on $3 billion — with a 99% repayment rate across 90+ countries.WHAT YOU'LL LEARN:- Why entrepreneurship is "the pursuit of opportunity without regard to resources currently controlled" — and why that definition changes everything- How $3,100 and 7 borrowers in Uganda became one of the most impactful platforms in the world- Why she teaches a class specifically designed to debunk Silicon Valley's "mono-myth" of startup success- The "Design for People First" framework that built Kiva — and still guides her work at USC- What happened when she built her second startup pregnant with twins — and an investor blogged about it- Her take on AI, intentionality, and why she doesn't want her 5-year-old learning to write promptsTIMESTAMPS:00:00 Entrepreneurship Redefined03:46 Stanford Social Innovation06:08 Discovering Microfinance09:45 East Africa Fieldwork12:09 Kiva Idea Takes Shape14:47 Pilot to Viral Launch17:07 Repayment and Impact21:03 How Kiva Tells Stories24:14 Disregard the Blockers26:50 Everybody Poops Mindset28:43 Purpose and Priorities30:36 Choosing How to Use AI36:48 Breadcrumbs and Attention42:40 Advice for Aspiring FoundersABOUT JESSICA JACKLEY:Jessica Jackley is the co-founder of Kiva, the world's first peer-to-peer micro-lending platform, which has facilitated over $3 billion in loans across 90+ countries with a 99% repayment rate. She is a professor of Social Entrepreneurship and Design Thinking at USC, an investor, and an advocate for mission-driven entrepreneurship.GET THE #1 AMAZON NEW RELEASE BOOK: 📖 High Five Energy: A Different Kind of Founder features 18 visionary founders behind $200B+ in exits. Available wherever books are sold: https://a.co/d/iJlOfaqLISTEN ON ALL PODCAST PLATFORMS:🎥 YouTube: / @h5efounders🎧 Spotify: https://open.spotify.com/show/0eNPRGM...🎧 Apple Podcasts: https://podcasts.apple.com/podcast/hi...🎧 Everywhere you listen to podcastsCONNECT:🌐 Website: jeffreychernick.com📸 Instagram: @H5EFounders📸 Host: @jeffreychernick💼 LinkedIn: / jeffrey-chernickABOUT THE HOST:Jeffrey Chernick is Managing Partner at Yellow Visor Ventures, and author of High Five Energy. He's a 3x founder (RideAmigos, Vyng - 20M+ downloads) with 20+ years building companies. Featured in TechCrunch, Forbes, NBC, LA Times.#kiva #microfinance #socialentrepreneurship #entrepreneurship #founders

  4. 4

    Raised $1.5B by Listening, Not Pitching (16x Founder)

    Eric Pulier, 16x founder who has raised over $1.5 billion, reveals: He didn't pitch his way to $1.5B — he listened. The most successful companies don't come from brilliant innovation. They come from conversations with people who have real problems. From being named one of the Wall Street Journal's "Top 20 Money Losers in America" to fighting the DOJ, SEC, and NSA simultaneously, Eric shares the mindset shifts that turned catastrophic failure into serial entrepreneurship.THE REAL STORY: At rock bottom, Eric's marriage ended. He lost more money than he had. He was raising four kids — three not yet potty trained — while trying to rebuild from scratch. He'd wake at 4am, swim in pitch-black ocean, then go to the parking lot and cry before going back inside to keep building. "If I'm gonna spend this much energy feeling sorry for myself, I could put that same energy into joy and play." That mindset shift changed everything.WHAT YOU'LL LEARN:- Why the most successful companies come from conversations, not "aha moments"- How to collaborate with people who have real problems (and get them to pay you to solve it)- The pivot from victim to creator — turning depression into creativity- Why Eric believes AGI is 18 months away and what that means for founders- How he fought the DOJ, SEC, and NSA for 5 years — and won on every count- "Ship baby ship" — why getting off PowerPoint has never been more important- The difference between pitching for acceptance vs. expressing with certaintyTIMESTAMPS:00:00 Introduction to Eric's Journey03:20 Innovative Business Models04:31 The Rise of Digital Evolution05:49 Navigating the Internet Boom08:59 Lessons from Open Source and APIs09:24 The Future of Cloud and Hybrid Solutions09:56 Personal Reflections and High Five Energy17:29 The Vision for Digital Identity and Tokenization22:22 Facing Financial and Personal Turmoil25:10 Building New Ventures26:03 Controversy and Legal Battles27:49 Emerging Victorious30:17 Reflections on Identity and Purpose35:29 The Impact of AI on Entrepreneurship43:39 Conscious Entrepreneurship45:22 Advice for Aspiring EntrepreneursABOUT ERIC PULIER:16x founder. $1.5B+ raised. Built companies across every major tech wave from web browsers to cloud to blockchain to AI. Acquired by VMware, salesforce, and others. Creator of one of the first NFTs. Currently building at the intersection of AI, tokenization, and self-sovereign identity.GET THE BOOK: 📖 High Five Energy: A Different Kind of Founder features 18 visionary founders behind $200B+ in exits. Available wherever books are sold: https://a.co/d/iJlOfaqLISTEN ON ALL PODCAST PLATFORMS:🎥 YouTube: / @h5efounders🎧 Spotify: https://open.spotify.com/show/0eNPRGMGN1MM7S5bYy31Y8🎧 Apple Podcasts: https://podcasts.apple.com/podcast/high-five-energy-founders/id1872142713🎧 Everywhere you listen to podcastsCONNECT:🌐 Website: jeffreychernick.com📸 Instagram: @H5EFounders📸 Host: @jeffreychernick💼 LinkedIn: / jeffrey-chernickABOUT THE HOST:Jeffrey Chernick is Managing Partner at Yellow Visor Ventures, and author of High Five Energy. He's a 3x founder (RideAmigos, Vyng - 20M+ downloads) with 20+ years building companies. Featured in TechCrunch, Forbes, NBC, LA Times.#entrepreneurship #startups #founder #AI #AGI #venturecapital #innovation #mindset #ericpulier #16xfounder

  5. 3

    Darren Berkovitz: How to Build a $230M Company Nobody's Heard Of

    Darren Berkovitz, co-founder of TeleSign ($230M exit to BICS), reveals: The real money is in solving boring problems nobody wants to talk about. From living at home with zero external validation to protecting every major internet platform on the planet — clients paying $2 million a month — Darren built a 12-year overnight success in the unsexy world of SMS security and two-factor authentication.THE REAL STORY: Before the $230M exit, Darren spent three years hearing nothing but "no." He was living at home. No external validation. People told him to get a job. His first product lost 17 cents per transaction. But when Craigslist gave him a shot and TeleSign cut their fraud by 99% overnight — everything changed. "Find your Craigslist. Find someone who doesn't mind taking a chance on a startup."WHAT YOU'LL LEARN:- Why "boring" B2B problems are where the real money hides — and why less competition is your advantage- How TeleSign sent 30,000 cold emails per WEEK to build an enterprise sales machine with zero inbound leads- The FanDuel horror story: Why founders sold for $500M and got ZERO (liquidation preferences explained)- Why Darren coaches entrepreneurs NOT to raise VC money — and when you should- The mental health crisis nobody talks about: anxiety, depression, and a fellow CEO's suicide- How one unsigned inventions agreement nearly torpedoed a Series A- Why every single thing must be memorialized in writing — especially equityTIMESTAMPS:00:00 Introduction to Entrepreneurial Challenges04:10 The Birth of Two-Factor Authentication07:28 Cold Emails and the Craigslist Breakthrough09:23 Navigating Industry Challenges12:13 Dealing with Outages and Security Issues15:53 Building and Scaling the Team17:15 Equity and Co-Founder Dynamics28:30 VC Funding vs. Bootstrapping30:29 The Cost of Testing Business Ideas31:08 Hacks for Early-Stage Startups32:02 The Reality of Raising Money34:40 The Importance of Networking and Press39:31 The Acquisition Journey44:19 Mental Health in Entrepreneurship46:58 Challenges in Recruiting and Product Development59:13 The Importance of Documentation01:03:10 Final Thoughts and AdviceABOUT DARREN BERKOVITZ:Co-founder of TeleSign, the company that pioneered SMS-based two-factor authentication. TeleSign protects the world's largest internet platforms and was acquired by BICS (Belgium's largest telecom subsidiary) for $230M in 2017. Darren is now an angel investor, mentor at USC's accelerator program, and serial entrepreneur building his next ventures while coaching the next generation of founders.GET THE BOOK:📖 High Five Energy: A Different Kind of Founder features 18 visionary founders behind $200B+ in exits. Available wherever books are sold: https://a.co/d/iJlOfaqLISTEN ON ALL PODCAST PLATFORMS:🎥 YouTube: https://www.youtube.com/@H5EFounders🎧 Spotify: https://open.spotify.com/show/0eNPRGMGN1MM7S5bYy31Y8🎧 Apple Podcasts: https://podcasts.apple.com/podcast/high-five-energy-founders/id1872142713🎧 Everywhere you listen to podcastsCONNECT:🌐 Website: jeffreychernick.com📸 Instagram: @H5EFounders📸 Host: @jeffreychernick💼 LinkedIn: https://www.linkedin.com/in/jeffrey-chernick/ABOUT THE HOST:Jeffrey Chernick is Managing Partner at Yellow Visor Ventures, and author of High Five Energy. He's a 3x founder (RideAmigos, Vyng - 20M+ downloads) with 20+ years building companies. Featured in TechCrunch, Forbes, NBC, LA Times.#entrepreneurship #startups #B2B #telesign #cybersecurity #twofactor #founders #venturecapital #bootstrap #exit #acquisition #mentalheath #founders

  6. 2

    Jim Armstrong: How VCs Really Think ($750M in returns)

    Jim Armstrong, 4x Forbes Midas List venture capitalist with $750M in returns, reveals: The first meeting can NEVER end in a yes—and the strategies that actually close deals in 2026. Jim led PayPal's first institutional round, negotiated the Elon Musk merger that created the PayPal we know today, and has backed companies from seed stage to billion-dollar exits.THE REAL STORY: Before his biggest win, Jim made a bet that almost destroyed his career. He wired $20 million into Integrien across 12 bridge rounds while every other investor walked away. His partners were furious. His CFO dreaded seeing him walk through the door. "This is career suicide," they said. But Jim saw signal through the noise. VMware acquired it for $100M—returning $50M to his fund and validating what happens when you back the right product at the right time. WHAT YOU'LL LEARN:◼️ Why the first meeting can NEVER end in a yes (and the strategy that gets you to meeting #2)◼️ How Jim turned PayPal's 80/20 split with Elon into 50/50 over one lunch◼️ The "comprehensive vs. persuasive" rule that changes how you pitch◼️ How to get introductions to investors without warm connections◼️ What "seeing signal through noise" actually means (and how it saved a $100M exit)◼️ Why AI is killing SaaS revenue models—and where the money's moving in 2026◼️ The relationship-building playbook that gets VCs to take your callABOUT JIM ARMSTRONG:Jim has hit the Forbes Midas List four times and generated over $750M in returns. He backed NetZero ($2M to $5B public in 3 years), Integrien ($100M VMware exit), and Bridge ($500M exit). Jim co-founded March Capital (2014) and Clearstone Venture Partners (2002). He now leads Composite Ventures, focusing on the intersection of AI and brick-and-mortar retail across the $7 trillion US retail sector.GET THE BOOK:📖 High Five Energy: A Different Kind of Founder features 18 visionary founders behind $200B+ in exits. Available wherever books are sold: https://a.co/d/iJlOfaqLISTEN ON ALL PODCAST PLATFORMS:🎥 YouTube: https://www.youtube.com/@H5EFounders🎧 Spotify: https://open.spotify.com/show/0eNPRGMGN1MM7S5bYy31Y8🎧 Apple Podcasts: https://podcasts.apple.com/podcast/high-five-energy-founders/id1872142713🎧 Everywhere you listen to podcastsCONNECT:🌐 Website: jeffreychernick.com📸 Instagram: @H5EFounders📸 Host: @jeffreychernick💼 LinkedIn: https://www.linkedin.com/in/jeffrey-chernick/ABOUT THE HOST:Jeffrey Chernick is Managing Partner at Yellow Visor Ventures, and author of High Five Energy. He's a 3x founder (RideAmigos, Vyng - 20M+ downloads) with 20+ years building companies. Featured in TechCrunch, Forbes, NBC, LA Times.#venturecapital #fundraising #paypal #startups #founders #entrepreneurship #elonmusk #investing #angelinvesting #seedround #AIstartups #SaaS #VMware #forbes #midaslist

  7. 1

    Eytan Elbaz: You Don't Have to Be The #1 Founder For A Huge Exit

    Eytan Elbaz, legendary LA founder and 5x entrepreneur, reveals: You don't have to be the CEO or hold the most equity to achieve generational wealth.Eytan created Google AdSense—the advertising platform now generating $40-50 billion annually—and co-founded Scopely, which sold for $4.9 billion. Named one of the Top 100 seed investors globally, he's generated billions in enterprise value.THE REAL STORY:Before AdSense became iconic, Eytan endured 3.5 years of brutal pivots and 8 failed products. The first won "Best of Show" at a major tech conference—then completely failed. Their second product brought in just $250/month, prompting an investor to mock them: "We pay our gardener more than that."But they kept building. By product #8—a revised version of AdSense—they finally cracked the code.WHAT YOU'LL LEARN:◼️ Why being #2 or #3 on the cap table creates massive wealth with less stress ◼️ How to navigate 8 product pivots—knowing when to persist vs. pivot ◼️ The forced stock decision that became life-changing ◼️ What the $4.9B Scopely exit actually felt like ◼️ Why founders obsess over being #1 when it's not necessaryTIMESTAMPS:00:00 The Billionaire Engineer and Legendary Founder 01:37 From AMD to Entrepreneurship 02:16 The Birth of Oingo 03:00 Pitching the Idea and Securing Funding 06:42 The Reality of Building a Product 10:08 The Journey of Pivots and Perseverance 12:07 The Evolution of AdSense 18:19 The Breakthrough with AdSense 21:58 A Surprising Meeting at Google 23:23 The Acquisition Dance 29:00 The Car Ride to Monterey 31:47 The Quick Acquisition 31:59 The Surrender Experiment 33:32 The Final Deal 36:11 Life After Acquisition 39:55 Advice for FoundersABOUT EYTAN ELBAZ:Eytan co-founded Applied Semantics (acquired by Google, became AdSense) and Scopely (acquired for $4.9B). Starting from a middle-class LA family with teacher parents, he began at AMD during the first dot-com boom. After 3.5 years and 8 failed products, his team cracked AdSense—now responsible for nearly half of Google's annual revenue. He co-founded Scopely with Walter Driver, building it into a $5 billion gaming empire. Now a top seed investor, he proves early positioning matters less than picking the right opportunities and staying in the game.GET THE BOOK:📖 High Five Energy: A Different Kind of Founder features 18 visionary founders—including those behind Priceline, Dollar Shave Club, Tripadvisor, Natera, LegalZoom, and Kiva—who've generated $200B+ in exits and IPOs. Learn the 33 behavioral shifts that unlock High Five Energy flow state: that magnetic momentum where doors open, the right people show up, and opportunities align.Available wherever books are sold: [LINK]HIGH FIVE ENERGY PODCAST:Exploring the mindset shifts, pivots, and flow states that separate dreamers from builders. Raw stories—not the polished LinkedIn version.Hosted by Jeffrey Chernick, 3x founder, angel investor, and author of High Five Energy.LISTEN ON PODCAST PLATFORMS: 🎧 YouTube: LINK🎧 Spotify: LINK🎧 Apple Podcasts & all platforms: Live within 6 hours CONNECT: 🌐 jeffreychernick.com 📸 Instagram: @H5EFounders 📸 Host: @jeffreychernick 💼 LinkedIn: linkedin.com/in/jeffrey-chernickABOUT THE HOST:Jeffrey Chernick is Managing Partner at Yellow Visor Ventures, and author of High Five Energy. He's a 3x founder (RideAmigos, Vyng - 20M+ downloads, acquired by Siproc

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ABOUT THIS SHOW

Host Jeffrey Chernick, a serial entrepreneur and investor, sits down with the world's top founders to unpack how they build, scale, and think. Featuring legendary entrepreneurs behind $200B+ in exits and IPOs—from Google AdSense to Prodege, Kiva to Telesign. Each episode reveals the pivots, failures, and mindset shifts behind iconic companies. Discover High Five Energy: the magnetic flow state where doors open, the right people show up, and opportunities align. Tools and inspiration for entrepreneurs at every stage. New episodes weekly. Follow @H5Efounders

HOSTED BY

Jeffrey Chernick

Frequently Asked Questions

How many episodes does High Five Energy Founders have?

High Five Energy Founders currently has 7 episodes available on PodParley. New episodes are automatically indexed when they're published to the podcast feed.

What is High Five Energy Founders about?

Host Jeffrey Chernick, a serial entrepreneur and investor, sits down with the world's top founders to unpack how they build, scale, and think. Featuring legendary entrepreneurs behind $200B+ in exits and IPOs—from Google AdSense to Prodege, Kiva to Telesign. Each episode reveals the pivots,...

How often does High Five Energy Founders release new episodes?

High Five Energy Founders has 7 episodes. Check the episode list to see recent publication dates and frequency.

Where can I listen to High Five Energy Founders?

You can listen to High Five Energy Founders on PodParley by clicking any episode. We provide an embedded audio player for direct listening, and you can also subscribe via your preferred podcast app using the RSS feed.

Who hosts High Five Energy Founders?

High Five Energy Founders is created and hosted by Jeffrey Chernick.
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