4.4 • 637 Ratings
🗓️ 18 May 2018
⏱️ 24 minutes
🔗️ Recording | iTunes | RSS
🧾️ Download transcript
Seth Sternberg is the Founder & CEO @ Honor, the startup that provides homecare your family will love. To date Seth has raised over $60m in funding with Honor from the likes of Thrive Capital, a16z, Homebrew and 8VC. Prior to Honor, Seth was the Co-founder & CEO of Meebo, a web communications platform backed by the likes of Sequoia, Khosla and True Ventures. Meebo reached $50M in revenue and close to half of the US internet population before being acquired by Google for $100M in 2012. At Google, Seth became a Product Director working on the Google+ Platform and GoogleX. Seth is also a prolific angel investor with a portfolio including the likes of Fitbit and Gusto to name a few.
In Today’s Episode You Will Learn:
1.) How Seth made his way into the world of startups with the founding of Sequoia backed, Meebo? How did he transition from social network to homecare provision?
2.) From his experience with Meebo, what are the biggest elements Seth has done differently with the building of Honor? What was successful the first time that he has carried with him to Honor? How does Seth approach the hiring process fundamentally differently the 2nd time around?
3.) Seth has worked with the likes of Sequoia, Khosla, Thrive and more, what are the commonalities that make the best VCs so special? Where does Seth believe VCs can add true value? Where do many seriously detract value? Why does Seth believe that 80% of VCs are actually detrimental to board meetings?
4.) What 3 questions must all founders ask when considering to take on a new investor? What is that investor-founder assessment structure? When there is a disagreement with investors, how does Seth approach this? What is the best method for doing this in as fast and efficient method as possible?
5.) Would Seth agree with David Barrett @ Expensify that we are going through a wave of founders creating companies for the quick flip? How does Seth's 20-year time horizon with Honor affect how he both thinks about hiring and individual scaling within the firm? Why is he so jealous of Google and Facebook with regards to this?
Items Mentioned In Today’s Show:
Seth’s Fave Book: The Firm
As always you can follow Harry, The Twenty Minute VC and Seth on Twitter here!
Likewise, you can follow Harry on Instagram here for mojito madness and all things 20VC.
We also speak about Movidiam – as brands turn to smarter ways of creating video and digital content, the Movidiam platform offers faster turnarounds whilst maintaining or improving quality. They’re already working with some of the biggest, most innovative companies to help compare teams and freelancers across the global curated network of creative talent. Producers and marketers looking for the best creatives can get a shortlist from Movidiam’s account managers in hours – tailored to their project’s needs. Submit a brief or check out the platform at Movidiam.com.
Click on a timestamp to play from that location
0:00.0 | Welcome to part two of the 20 minute VC this week and it's Founders Friday with me, Harry Stebbings, |
0:04.7 | and you can find me on Instagram at H. Stebbings, 1996 with two bees. I would love to see you there, |
0:10.3 | where you can ask questions for future guests and even suggest future guests for the show. |
0:14.5 | But to the show today, and we welcome an incredible serial entrepreneur in the form of Seth Sternberg, |
0:19.4 | founder and CEO at Hon Honor, the startup that provides |
0:22.1 | home care your family will love. To date, Seth has raised over $60 million in funding with honor |
0:27.3 | from the likes of Thrive Capital, Andriesen Horowitz, Homebrew and 8VC, just to name a few. And prior to |
0:33.3 | honor, Seth was the co-founder and CEO of Meebo, a web communications platform backed by the |
0:38.1 | lights of Sequoia, Coessler and True Ventures, and Meebo reached $50 million in revenue and |
0:43.3 | close to half of the US internet population before being acquired by Google for $100 million |
0:48.0 | in 2012. At Google, Seth served as a product director working on the Google Plus platform |
0:53.7 | and Google X, |
0:54.9 | and Seth's also an incredible angel investor, with a portfolio including the likes of Fitbit and |
0:59.3 | gusto, just to name a few. I do also want a huge thank you to Shan Lin-Mar, Zola for the intro |
1:04.2 | to Seth today, without which this episode would not have been possible. We really do appreciate |
1:08.2 | that, Shan. But before our episode today, brands are now |
1:11.2 | turning to smarter ways of creating video and digital content to fit new distribution channels, |
1:16.1 | looking for faster turnarounds while maintaining or improving the quality. The Mavidium platform |
1:20.9 | addresses that directly. It's now simple for brands and agencies to connect with the very best |
1:25.8 | creatives for their projects. Mavidium is already working with some of the biggest forward-thinking companies to save time |
1:31.3 | and cost by allowing comparison of the global network of curated creative talent. |
1:35.7 | With a global network, they're well placed to continue to expand to take on the world's |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Twenty Minute VC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Twenty Minute VC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.