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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: How You Can Learn To Be A Great Business Leader & Why All Successful Business Must Be Loved or Needed with Moisey Uretsky, Founder @ Digital Ocean

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

The Twenty Minute VC

Finance, Venturecapital, Tech News, News, Siliconvalley, Technology, Investing, Startups, Business

4.4637 Ratings

🗓️ 14 October 2016

⏱️ 31 minutes

🧾️ Download transcript

Summary

Moisey Uretsky is the Co-Founder & Chief Product Officer @ Digital Ocean, the second largest and fastest growing cloud computing platform, with more than 700,000 developers having deployed more than 20 million cloud servers. The company has raised $123 million in funding from Andreessen Horowitz, Access Industries, IA Ventures, CrunchFund, and Techstars. As for Moisey, before founding DigitalOcean, he studied Mathematics at NYU and launched CorreGroup, a big data startup that provided valuable analytics to billion-dollar hedge fund firms in New York City.

In Today’s Episode You Will Learn:

1.) How Moisey came to found the 2nd largest cloud computing platform with Digital Ocean?

2.) Moisey has previously said: 'we did everything wrong for a decade'. What were the biggest mistakes Moisey made and how did he look to rectify them and learn from them?

3.) Does Moisey believe that you can learn to be a great business leader? Is it inherent or if not, what are the steps required to increase your chances?

4.) Moisey has previously said: 'businesses that succeed are either needed or loved'. What does he mean by this? What category does Digital Ocean fall into? How does that affect his management style and thought process?

5.) Question From Ari @ Techstars: How do Moisey and Digital Ocean fundamentally scale love? What are the inherent challenges of building this type of culture? How does the theme of love play out in the hiring and the on boarding process?

Items Mentioned In Today’s Show:

Moisey’s Fave Book: Innovator's Dilemma

Moisey’s Fave Blog: Tom Tunguz

As always you can follow Harry, The Twenty Minute VC and Moisey on Twitter here!

Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC.

Angelloop is the leading post funding management platform for private market investors and their portfolio companies. They help investors manage and track their portfolio companies on the cloud while providing them with access to their investments performance data. Angelloop helps founders of startups track their performance, manage their cap table and keep their investors in the loop. Investors get free access while their portfolio companies pay only $49/Month. Use or share the promo-code 20MinVC to get your portfolio companies online with a two month trial.

I’d like to thank Wealthfront for sponsoring today’s podcast. Wealthfront are financial advisors that can help you invest your hard-earned dollars. Wealthfront’s modern financial services helps tailor plans specifically for you, making it easy to reach your financial goals. Wealthfront has low fees and no trading commissions… It’s financial advice at a fraction of the cost of a traditional advisor, all online. And if you sign up using my URL, you’ll get your first $15,000 managed for free. Go to Wealthfront.com/20vc.

Transcript

Click on a timestamp to play from that location

0:00.0

We are back at the 20 minute VC with your host, Harry Stebbings, and you can add me on Snapchat

0:04.0

at H. Debbings to see life behind the scenes at the 20 minute VC. However, to the show today, and

0:09.6

joining me today we have a founder of one of the world's fastest growing startups. I'm delighted to

0:14.3

welcome Moisey Uretzky. Moisey is the co-founder and chief product officer at DigitalOcean, the second

0:20.0

largest and fastest growing

0:21.5

cloud computing platform, with more than 700,000 developers having deployed more than 20 million

0:27.0

cloud servers, and the company has raised a staggering $123 million in funding from some of the

0:32.8

best investors in the world, including the likes of Andresen Horace, TechStars, IA Ventures, Access Industries,

0:39.8

and Crunch Fund, just to name a few. And as for Moisey, before founding DigitalOcean, he studied

0:44.4

mathematics at NYU and launched Call Group, a big data startup that provided valuable analytics

0:49.8

to billion-dollar hedge fund firms in New York. I also want to say a huge thanks to Ari Newman and

0:54.3

David Kern at Textos for making the introduction to stay to Moisey without which the interview

0:58.6

could not have happened. However, before we meet Moisey, I'd like to thank my friends at Wellfront

1:03.0

for sponsoring today's podcast. In today's complex financial world, it's tough to be a financial

1:07.8

whiz. That's one reason I'm such a big fan of Wellfront.

1:15.2

There are a financial advisor that can help you invest your hard-earned dollars. By combining financial experts with Silicon Valley engineers, Wellfront's been able to build a modern

1:20.0

financial services company that helps tailor plans specifically for you, making it easy to reach

1:25.4

your financial goals. Wellfront has low fees and no trading

1:28.6

commissions. It's financial advice at a fraction of the cost of a traditional advisor all online. And if you

1:34.3

sign up using my URL, you'll get your first $15,000 managed for free. This really is a no-brainer of a

1:40.4

great opportunity, getting the help you need to get you where you want to be. You work hard

1:44.8

for your money and it should work hard for you. So go to wellfront.com slash 20 VC. That's wellfront.com

...

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