1362 How Troops AI Became #1 Slack Integration, $1m+ in ARR, $17m Raised

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6 • 683 Ratings

🗓️ 17 April 2019

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Dan Reich is the Co-Founder and CEO of Troops, a venture-backed technology company that is building artificial intelligence for work. Troops is working with hundreds of companies and has raised about $17 million in venture capital. He is also the Co-Founder and President of TULA, a health and beauty business that has created the world's first probiotic-based line of skincare products. He has been involved with companies that have raised over $100 million in venture capital and have exited for over $1 billion in mergers and acquisitions. Prior to Troops, Dan started a software company called Spinback which he sold to Buddy Media, and then to Salesforce.com for about $850mm. He has a B.S. in Electrical and Computer Engineering from the University of Wisconsin-Madison, is a contributing writer for Forbes and has been named Silicon Alley Top 100 by Business Insider.

Transcript

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0:00.0	My new book, How to Be a Capitalist, without any capital is out. You can get it at
0:04.9	Capitalistbook.com. Here's what Nicholas said on March 6th on Amazon. Incredibly incisive,
0:11.2	useful, and sensible. The author is not greedy and is in fact extremely generous and does
0:15.8	not hold back on the knowledge he imparts. I've barely made it halfway to the book,
0:19.8	and I'm already gushing over the book
0:21.3	because it's an absolute gem.
0:23.1	Nathan gets to the point, quick, shows proof,
0:25.4	and best of all,
0:26.3	shows you not just what to do,
0:27.4	but how to do it in explicit detail.
0:29.7	To say the book is actionable,
0:31.2	is an understatement.
0:32.8	Now, you guys, I listen to the podcast,
0:34.1	know I'm detail-oriented, so that review might not surprise you, but I hope you
0:37.5	grab the book. It's now a Wall Street Journal, instant national bestseller. Grab it at capitalist
0:42.7	book.com. Audible version is available, too. Go for broke. He's doing it. He had a small win,
0:49.3	call it, you know, a travel the world for a month kind of win back in 20 when he was 25 years old sold his company to
0:54.3	buddy media before buddy sold the sales force he said you know what i'm going to give up some upside
0:57.9	in terms of money in my pocket leave early free up a year of my time got re-involved in it with a
1:02.6	VC firm and a health and beauty product before founding troops in 2015 which is more and more
1:07.5	becoming part of the social fabric of companies as they look to put more information into their CRMs and just communicate in a more human way. Over 200 companies now
1:14.4	using them on a monthly basis and on a paid plan. Over 2,000 companies using them in general.
	...

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