How Adeo Ressi Empowered 2,700+ People To Become Startup Founders
Over the summer we sat down with Adeo Ressi, the CEO of the Founder Institute, a startup accelerator program that operates in nearly 200 cities worldwide.
Adeo Ressi
Over the summer we sat down with Adeo Ressi, the CEO of the Founder Institute, a startup accelerator program that operates in nearly 200 cities worldwide. Throughout his time as a founder, Adeo has pioneered innovations in the protection of founder rights, the raising of early-stage capital and the scaling of new businesses.
Previous to the Founder Institute, Adeo has helped to create nearly $2 billion in shareholder value by founding or running nine businesses, including TheFunded, Game Trust, Xceed and Total New York. Adeo previously served on the Board of the X Prize Foundation to pursue his interests in space exploration and techniques to motivate human achievement. Throughout this episode it is clear that Adeo is passionate about mentoring Founders, space exploration, inspiring people to achieve their greatness, and more which includes:
The personality traits of the best founders
How The Funded improved transparency in the VC industry
The role fluid intelligence plays in entrepreneurs
How Adeo helped 2,700 plus founders grow through the Founder Institute
Managing your investors and protecting your equity
How to build startup ecosystems
Why maintaining focus and avoiding distractions is mission critical
How do you give meaning to your life's work
Ambition Today Question of the Day™:
"What is the end game? Where do you see Founder Institute and all your life’s work going?"
Quote Of The Episode:
"There are a lot of shiny things in the sand, that look very appealing to you and may be a cause for you to think about pivoting or adjusting the business model. I can tell you that most of the shiny things in the sand are not diamonds, they are knives waiting to kill you. You have to be very, very, very diligent to remain focused on your core mission"
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From Israel to Silicon Valley, Niv Dror's Journey To Conquer Social Media
Season Two of Ambition Today is happy to welcome Niv Dror, head of social media for Product Hunt. Niv boasts in impressive resume in both startups and finance, stemming from his education at UC Santa Barbara.
Niv Dror, Shrug Capital
Season Two of Ambition Today is happy to welcome Niv Dror, head of social media for Product Hunt. Niv boasts an impressive resume in both startups and finance, stemming from his education at UC Santa Barbara. After moving to Silicon Valley at a very young age, Niv had surprisingly little involvement in the tech world. It surrounded him entirely and thus he never noticed it, as water to a fish. However, after auditing a few hedge funds and VC funds as a CPA, he knew where his skills truly belonged.
Niv Dror’s taste of the tech community flourished very quickly, landing non-engineering jobs at DataFox, Meerkat, and Product Hunt. He aspired to add value without asking anything in return, and was rewarded with the experience and skills to climb the ranks at multiple organizations, currently aiding the curation of the world's most cutting-edge technology on Product Hunt. Kevin and Niv explore what's behind this drive, the man he gives credit to involuntarily kickstarting his success, and much more:
Growing up in Israel and moving to the U.S. at a young age.
Pursuing a finance degree and applying it to the startup world.
Getting exposure to the tech industry by auditing a successful VC.
Building an engaging community around a product.
What changes we can see in social in 2017.
The war of pronunciation for “gif”.
We why all love gifs and how Twitter is the perfect platform.
Ambition Today Question of the Day™:
"Should people optimize for learning or for earning?"
Quote Of The Episode:
"Community is everything. Without the community, Product Hunt wouldn't work."
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Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
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Pioneering The Social Media Frontier With Jonathan Abrams, Founder & CEO of Nuzzel
The godfather of social media, Jonathan Abrams, joins us on this episode of Ambition Today. He is now the founder & CEO of Nuzzel, a new platform to discover the top news from your friends and influencers.
Jonathan Abrams
The godfather of social media, Jonathan Abrams, joins us on this episode of Ambition Today. He is now the founder & CEO of Nuzzel, a new platform to discover the top news from your friends and influencers. Letting users cut through the muddle of content on social media to emphasize only their most relevant content. Previously, Jonathan has founded several other companies; Socializr, HotLinks, Founder's Den and most notably Friendster. He is also a top-rated mentor at The Founder Institute and has been extensively involved in the Silicon Valley entrepreneurial community for over ten years.
After growing up in Canada and working for Nortel he became an employee at Netscape during it's prime. Abrams went on to found Friendster in 2002 before the wider adoption of, at the time newcomers; MySpace (2003), Hi5 (2003), Facebook (2004) and other social networking sites. Friendster was one of the first of these sites to attain over 1 million members. In 2012, Abrams recognized a fallacy in the market of social news readers, when the programs of the time weren’t what he was looking for: fast, easy-to-use, and social. Today Jonathan talks about his solution to this problem with his new company Nuzzel, his appearance on Chelsea on Netflix, and much more:
Navigating the seemingly minuscule Canadian computer science marketplace.
Being a first-time entrepreneur during the dot-com boom and bust.
How Friendster competed with Facebook in the developing market of social media.
Using social curation to launch Nuzzel.
Trying to reach a wide audience with relevant information.
The future of Nuzzel.
Why e-mail remains king in the world of social media.
Surviving in Silicon Valley by not getting ahead of yourself.
The future of the social landscape.
Ambition Today Question of the Day™:
"What does Ambition mean to you and how do you satisfy your personal ambition each day?"
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Thank you so much for listening and applying these useful tips and strategies to your life! If you have a chance, please drop by and leave a review for the show on iTunes by clicking here. Also, who should I interview next? Please let me know on Twitter or in the comments. Do you enjoy this podcast? If so, please leave a short review in the comments below. It keeps me going…
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Founder Institute New York
FounderX Brings 42 Global Companies To Silicon Valley
This week is the Founder Institute's inaugural 'FounderX' event in Silicon Valley. 42 top up-and-coming FI Graduates from across the globe were invited to participate. Attending from Founder Institute New York are DADA, Easy Aerial, Mise en place and Ward eSports.
This week is the Founder Institute's inaugural 'FounderX' event in Silicon Valley. 42 top up-and-coming FI Graduates from across the globe were invited to participate. Attending from Founder Institute New York are DADA, Easy Aerial, Mise en place and Ward eSports.
FounderX was reserved for FI Graduates on the cusp of significant growth, providing them with valuable office hours and strategic assistance from Adeo Ressi (CEO of the Founder Institute) and other top startup mentors, access to the exclusive FounderX event, and a VC roadshow to visit top Silicon Valley investors; such as Sequoia Capital, FLOODGATE, Venrock, Shasta Ventures, Bessemer Venture Partners, Mohr Davidow, True Ventures, Founders Fund, Altos Ventures, Khosla Ventures, and 500 Startups.
FounderX is a private gathering of the FI Network in Silicon Valley that will bring together some of the biggest industry leaders from around the world. This 3-day long event from May 4 - 6, 2016 will feature a series of networking events, workshops, and formal dinners for top members from FI’s global network, including startup CEOs, technology executives, and Directors.
Below were the "up-and-coming" FI Graduate companies selected to the program.
- Aomm.tv & Founder Maria Cebrian (Madrid Founder Institute): Aomm.tv is the leading Spanish-speaking yoga and pilates online platform, offering a growing catalog of 500+ customizable classes shot in HD video and taught by top teachers from all over the world. The company already has 6,000+ active subscribers.
- Asegurate Facil & Founder Juan Ayala (Bogota Founder Institute): Asegurate Facile is an online insurance broker for Spanish-speaking markets, with products spanning auto, travel, and more. The company also has over 5,000 customers.
- Ask PAM & Founder Pamela Alfred (Montreal Founder Institute): Ask PAM is a web-based productivity & management tool for the modern-day Concierge. The company is already working with several five-star hotels, and top tourism and event organizations in their limited trial.
- Auto Force & Founder Ben Lin (Silicon Valley Founder Institute): Auto Force is used-car marketplace that has already facilitated several hundred car sales, and is generating signficant revenue.
- Azestfor & Founder Siobhan Oldham (Los Angeles Founder Institute): Azestfor produces canine nutritional supplements, with the ultimate mission of helping dogs lead longer and healthier lives. The company's online sales are growing very quickly, and it also have several high-end pet boutiques as customers.
- Bandwagon & Founders Harold Hughes & Susan Donkers (Greenville Founder Institute): Bandwagon is an online fan community and ticket marketplace that helps fans optimize their game day experience. The company is securing inventory and growing sales significantly.
- DADA & Founder Beatriz Ramos (New York Founder Institute): DADA is a 'Facebook for Artists' - a social platform where people speak to each other through drawings. The company already has nearly 150,000 users.
- Daylighted & Founder Alex Cammarano (San Francisco Founder Institute): Daylighted brings art to places where people go through interactive art galleries. The company works with top hotel chains like Sofitel and Joie de Vivre, and has been posting triple digit QoQ growth.
- Easy Aerial & Founder Ivan Stamatovski (New York Founder Institute): Easy Aerial provides infrastructure inspection services to utility companies using drone deployment technology, saving customers time and money. The company has raised funding and received top media.
- Energyly (Vidabest) & Founder Dayal Nathan (Bangalore Founder Institute): Energyly is developing a blended hardware-software energy analytics product to help small and medium-sized businesses reduce their energy consumption. The company has already signed on 20+ B2B customers to date.
- Find Bob & Founder Roland Chan (Toronto Founder Institute): The Find Bob platform makes it easy to internally transition financial practices so firms can protect & grow their most precious asset: their Book of Business. The company has already signed on 500+ customers, including the largest general agent in Canada.
- Flystro & Founder Bassam Rhou (Montreal Founder Institute): Flystro is an online marketplace connecting drone pilots to clients needing drone filming services. The company has already recruited a significant number of top drone pilots, and starting to generate revenue through bookings.
- Genial.ly & Founder Juan Rubio Lopez (Cordoba, Spain Founder Institute): Genial.ly is an interactive content creation software to create images, presentations, infographics and more with interactive effects and animation. The company already has 85,000+ users from 150+ countries.
- Hava.io & Founder James Martelletti (Melbourne Founder Institute): Hava is a platform that creates automated cloud diagrams with two clicks, helping to reduce waste in cloud IT systems. The company has 1000+ users and recently secured a $500,000 seed round.
- Indigo Drones & Founder Sergio Ballester (San Jose, Costa Rica Founder Institute): Indigo Drones is a company that utilizes aerial drones for imagery, remote data monitoring, and management of crops. The company has already signed three contracts with pineapple, banana and coffee producers.
- KangarooHealth & Founder Xiaoxu Kang (San Francisco Founder Institute): KangarooHealth creates cloud software platforms for orthopedic physicians to track patients' outcomes and improve their bottom line. The company already has paying customers and was selected as a top digital health start-up by the Johnson & Johnson Healthcare Innovation Program.
- Kangarootime & Founder Scott Wayman (Los Angeles Founder Institute): Kangarootime automates the child care business, the class room and connecting childcare professionals with the families they serve. The company already has secured many customers and is booking six figure monthly recurring revenues.
- MakerBloks & Founder Francois Poirier (Montreal Founder Institute): MakerBloks are electronic building blocks that teach kids basic STEM concepts, complemented by an app that links the blocks to interactive stories. The company has won several competitions, has signed LOIs with top retailers, and is about to surpass $100,000 in pre-sales.
- Maven & Founder Alissa Cronau (Sydney Founder Institute): Maven is an app to help artists promote their music on streaming services, through building a curator network that will offer artists targeted databases and allow fans to receive more music to suit their taste. The company is bootstrapping and growing very quickly.
- Mise en place & Founder Vicente DyReyes (New York Founder Institute): Mise en place brings people back around the dinner table through fully prepped recipes and same-day delivery. The company has already raised funding and established on-brand partnerships with Athleta, Sir Kensington's, lululemon and Martha Stewart's American Made.
- NUKERN & Founder Philippe Rivard (Montreal Founder Institute): Nukern is a full software solution that helps customers set their web hosting business on autopilot. The company recently launched a very popular open beta, and is growing very quickly.
- deLaGuayaba & Founder Eric de La Goublaye de Menorval (Costa Rica Founder Institute): deLaGuayaba offers a Predictive Project Management Software as a Service to reduce operation costs and cycle time. After completing a successful pilot program, new companies are joining OASIS platform at an impressive rate.
- OnContracting & Founder Pradeep Chauhan (Seattle Founder Institute): OnContracting is the top global platform for finding vetted local professionals for onsite contract jobs at major corporations. The company is nearing $1MM in billing for for contractors placed at top companies like Microsoft, Google and Apple.
- Partfiniti & Founder Geoff Laycock (Washington DC Founder Institute): Partfiniti makes the process of creating and pricing a bill of materials not suck. The company already has thousands of users and is booking six figure revenues.
- Peerfunder & Founder Jonathan Lam (Toronto Founder Institute): Peerfunder is a peer-to-peer revenue-based lending marketplace focused exclusively on helping main street businesses finance their growth and expansion. The company has secured significant funding, and has also secured over $300,000 in committed capital to fund Peerfunder loans.
- ProfHire & Founder Lesa Hammond (Silicon Valley Founder Institute): ProfHire is a web platform that connects colleges and universities with vetted scholars and industry professionals for part-time faculty positions. The company is already working with 8 top universities across California, with thousands of professionals on the platform.
- RentHunt & Founder Pierre Sabbagh (Montreal Founder Institute): RentHunt is a matching platform that helps landlords find their perfect tenant. The company is growing quickly, and recently secured a partnership to facilitate the management of over 45,000 rental units.
- Rever & Founder Errette Dunn (Silicon Valley Founder Institute): Rever is a Frontline Innovation platform that helps companies engage their non-office workers in daily improvement through mobile technology and Machine Learning. The company has secured funding and is currently engaged in a pilot with Tesla.
- RushTix & Founder Jill Bourque (Silicon Valley Founder Institute): RushTix is the first unlimited pass to local arts and culture. The company was accepted to the LAUNCH Incubator, and has already signed up large companies like Salesforce for their perks program.
- Shapetrace & Founder Ernest Yap (Toronto Founder Institute): Shapetrace develops AR/VR software for construction teams that enables same-day error detection and reduce re-work costs. The company already has active pilot projects with two of Canada's largest transportation projects, and more.
- Skinnyprice & Founder Daniel McGuire (Silicon Valley Founder Institute): Skinnyprice makes marketing technology for retailers that improves engagement by taking the traditional sale and turning it into a game for discounts. Skinnyprice recently landed a deal with a $200 million dollar per year furniture retailer to power their sales platform.
- Stample & Founder Edward Silhol (Paris Founder Institute): Stample creates technology to facilitate knowledge curation for teams, allowing you collect, capitalizee and publish collaboratively. The company's is already showing 3 figure month over month growth rates.
- Swaple & Founder Bridget Farmer (Sydney Founder Institute): Swaple is a new payment platform for the sharing economy that lets Entrepreneurs swap services with each other instead of using cash. The company is quickly signing up users for their paid subscription service.
- tForm & Founder Benjamin Moore (Greenville Founder Institute): tForm has developed quick responding custom thermoformed packaging to help manufacturing companies solve the problems of poor quality, slow delivery, and high prices. The company has already quoted over $2MM of product with a win rate of 10%.
- theTravelPorter & Founder Katia Mavrikou (Athens Founder Institute): theTravelPorter is a marketplace for extraordinary tours and activities. The company is already generating sales, and is signing key partnerships in the travel industry.
- Touch'd & Founder Mohammad Mansoor (Islamabad Founder Institute): Touch'd is a personal relationship manager that learns from your interactions over calls, text, WhatsApp, Email, social meda, and gives timely touch-base reminders. Their successful beta launch is helping them generate 100% MoM growth.
- Upfluence & Founder Kevin Creusy (Silicon Valley Founder Institute): Upfluence develops algorithms and software to scale influencer marketing. The company booked seven figures in 2015, and is growing at a rate of over 650% QoQ.
- Ward eSports & Founder Jose Lincuna (New York Founder Institute): Ward eSports is a mobile app connecting global eSports fans with their local gaming communities. The company has already secured key partnerships with over 20 major event organizers, and there are 60 tournaments already live on the platform.
- WealthTab & Founder Mike Blicker (Montreal Founder Institute): WealthTab is an integrated, white-labeled platform for financial professionals and their clients. The company is currently in private beta and is signing up financial professionals at an impressive rate.
- Whizmeal & Founder Droston Tang (Singapore Founder Institute): Whizmeal is an app helping parents pre-order better, affordable school meals to help curb childhood obesity. The company received an official letter of support from Health Promotion Center, the Ministry of Health, and Brunei Darussalam to have the app implemented in private schools.
- XBand Sports & Founder Jose Doval (San Diego Founder Institute): XBand Sports creates intuitive, easy to use training aides that are designed to give coaches and athletes deeper insight into their form through shareable, automated video clips and data. The company is already generating sales and acquiring significant strategic endorsements.
- Yo Viajo & Founder Dagoberto Medina (Costa Rica Founder Institute): Yo Viajo is an app that provides accurate and intelligent information to users of public transportation in Costa Rica. The company is currently cultivating a close relationship with Costa Rica's goverment.
The Secret History Of Silicon Valley By Steve Blank
Silicon Valley's name is synonymous with high tech, innovation and startups. But even the great Silicon Valley had to start somewhere and it did so in government secrecy and wartime urgency.
Silicon Valley's name is synonymous with high tech, innovation and startups. But even the great Silicon Valley had to start somewhere and it did so in government secrecy and wartime urgency. Steve Blank tells how Valley sprang out of the technology fight over the skies of Germany and secret efforts around (and over) the Soviet Union. This lecture is a must for those that want to understand how Valley came into being. (Thanks to Jeff Wald for surfacing this video and sharing with me.)