4.4 • 637 Ratings
🗓️ 16 June 2017
⏱️ 21 minutes
🧾️ Download transcript
Nicolas Dessaigne is the Founder & CEO @ Algolia, the most reliable platform for building search into your business. Just last week they raised $53m in funding led by Accel with participation from Jason Lemkin @ SaaStr, Point Nine Capital, AppDynamic’s Jyoti Bansal, Intercom’s Des Traynor and InVision’s Clark Valberg and more incredible investors.
In Today’s Episode You Will Learn:
1.) How Nicolas made his way from Paris to YC to founding one of the hottest SaaS startups of the day in Algolia?
2.) Tom Tunguz has said before that the Series B is the hardest to raise, having just raised his, does Nicolas agree with this? How did this round differ from others? How can founders know what is the right amount to raise? Is 18 months still the desired runway?
3.) Does Nicolas think he made the move to the US at the right time? Too early or too late? What advice would Nicolas give to founders making or thinking about making this move? What areas are Europe and vice versa the US better at hiring for?
4.) Which functional areas do both Europe and the US lead in their respective fields? Why does Nicolas think that it is harder to hire well in the US? Does Europe still have a fundamental lack of experienced sales and marketing professionals?
5.) How did Jason Lemkin train Nicolas to approach the fundraising process? What other than funds can founders gain from the process? How can these conversations be initiated?
As always you can follow Harry, The Twenty Minute VC and Nicolas on Twitter here!
Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC.
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0:00.0 | You are listening to The 20 Minute VC with me, your host, Harry Stebbings, at H. Stebbings with |
0:04.3 | 2Bs on Snapchat. |
0:05.7 | All ads get a personal message from me. |
0:07.5 | It would be fantastic to see you there and hear your thoughts and feedback. |
0:10.4 | But to the show today, and Founders Friday is here. |
0:12.8 | And my web, what a founder we have in store for you today. |
0:15.2 | Just last week, he raised a whopping $53 million series B, led by Excel, with participation from Saster, Des Trainer at Intercom, |
0:22.8 | Jotti Bansal at App Dynamics, and Carl Valberg at Envision, including prior investors, |
0:27.4 | point nine capital and Alvin. The company is widely considered one of the hottest startups in |
0:31.6 | SaaS, bringing the most reliable platform for building search into your business. |
0:35.8 | Guessed it yet? Yes, I'm thrilled to welcome |
0:37.6 | Algolia to the show today. And who better than Nicholas Desaigne, co-founder and CEO at |
0:41.9 | Algolia, to join us in the hot seat today. If you haven't heard Nicholas's prior episode with us, |
0:46.2 | then you can check it out on the 20 minute VC.com. We'd absolutely love to hear your thoughts. |
0:50.4 | But before we head into the episode today, a lot of people ask me, Harry, you do so many calls and |
0:54.8 | interviews, but what do you use? My response? Zoom. The number one video and web conferencing |
1:00.1 | service providing one consistent enterprise experience that allows you to an array of activities, |
1:04.9 | including online meetings, video webinars, collaboration enabled conference rooms and business |
1:10.2 | I am, just to name a few. |
1:11.8 | And it's the easiest solution to use, buy and scale, and for sure, the most straightforward |
1:15.9 | pricing. But hey, don't take my word for it. Their partnership with Sequoia in their latest |
1:20.4 | 100 million funding around says it all. Zoom really is a must check out for your business. |
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