Are you launching a tech startup and wishing you had a step-by-step guide to help you?
Our guest, Shirish Nadkarni, has exactly what you need to succeed with his book, From Startup to Exit: An Insider’s Guide to Launching and Scaling Your Tech Business!
A serial entrepreneur Shirish Nadkarni came to the U.S. as a teenager with $25 in his pocket. After graduating from Harvard Business School, he worked at Microsoft where he engineered the $400 million acquisition of Hotmail and launched MSN.com, the world’s leading web portal.
Striking out on his own in 1999 at the height of the dot-com boom, he founded TeamOn Systems, an early pioneer of mobile email that was later acquired by BlackBerry.
After a family trip to Spain rife with language barrier snafus, Shirish launched the first social language learning app Livemocha and grew it to over 15 million members in 200 different countries before it was acquired by Rosetta Stone.
Get your copy of Shirish’s book From Startup to Exit here: https://bit.ly/ShirishNadkarni
Connect with Shirish on:
Watch my video How to Calculate the LTV/CAC ratio here: http://bit.ly/LTVCACRatio
00:00 – meet Shirish!
07:00 – Shirish’s origin story
10:35 – Why Shirish left Microsoft in 1999 to launch his first business
13:00 – what happened when Shirish left the resources-rich environment of Microsoft to launch a lean startup
15:00 – how Shirish pivoted after realizing his MVP was too soon
21:40 – always keep a list of companies in your space that are much bigger players and potential acquirers
29:00 – what makes a great startup idea
35:43 – how to split founder equity
40:45 – team acquisition strategies for startups
43:20 – why knowing the LTV, CAC and LTV/CAC ratio are so important for startups
46:20 – how to manage and lead during a downturn
48:00 – why you need to make one big reduction in force instead of small layoffs at a time
53:50 – Shirish’s desired outcome for his book, From Startup to Exit
Thank you for carving out time to improve your Founder Game – when you do better, your business will do better – cheers!
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