20VC: What Larry Paige, Mary Meeker and Ben Horowitz All Have In Common, Why You Have To Build A Movement Not A Brand & Why This Really Is A Great Time To Be An Entrepreneur with Joey Zwillinger, Co-Founder @ Allbirds
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
The Twenty Minute VC
4.4 • 637 Ratings
🗓️ 18 August 2017
⏱️ 27 minutes
🧾️ Download transcript
Summary
Joseph Zwillinger is the Founder @ Allbirds, the startup that makes the world's most comfortable shoes check this out, made out of wool. They have funding from the likes of Maveron, Lerer Hippeau and Slow Ventures and an army of loyal fans that includes Larry Paige, Ben Horowitz, Mary Meeker and Dick Costolo. Prior to co-founding Allbirds, Joey enjoyed a range of careers from investment banking with Goldman Sachs to venture capital with Industry Ventures to working at next generation food and nutrition company, TerraVia.
In Today’s Episode You Will Learn:
1.) How Joey made his way from investment banker to venture capitalist to Founder @ Allbirds, Silicon Valley's hottest brand?
2.) How does Joey view the core tenets to creating a successful brand? Why must brands today go further to more of a movement? How can companies look to create movements within their customer base?
3.) How does Joey assess the effects of Amazon on retail? How does Joey evaluate the economic ramifications of Amazon's flea market approach on the brands behind the products? Why does Joey want Allbirds to stay far away from Amazon?
4.) How does Joey look to prioritize what he and Allbirds focus on? What is the one core metric that guides all their decisions and behavior? How is this applicable to every company of all stage and sector?
5.) Why does Joey think that not enough VCs are people orientated? How does Josh assess the VC class of today? What does he look for when deciding which investors to choose?
Items Mentioned In Today’s Show:
Joey’s Fave Book: Man's Search For Meaning
Joey’s Fave Blog: First Round Review, Dan Primack
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Transcript
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| 0:00.0 | This is the 20 minute VC and we are back for another episode of Founders Friday with me, |
| 0:04.1 | Harry Stebbings, at H. Stebbings with two bees on Snapchat. Check it out to see all things behind |
| 0:08.7 | the scenes from us at the 20 minute VC, but to the show today. And what does Larry Page, Mary |
| 0:13.7 | Meeker, Ben Horace and Dick Costolo all have in common? Well, they all love All Bird's shoes. |
| 0:18.9 | And so I'm thrilled to welcome Joey's Willinger to the show today. |
| 0:21.8 | Joey is the founder at Allbirds, the startup that makes the world's most comfortable shoes. |
| 0:26.1 | Check this out, made out of wool. |
| 0:27.8 | They have funding from the likes of Maverron, Lera Hippo and Slow Ventures, just to name a few, |
| 0:32.3 | and an army of loyal fans that, as I said, includes Larry Page, Ben Horace, and Dick Costolo. Prior to co-founding |
| 0:38.1 | AllBuds, Joey enjoyed a range of careers from investment banking with Goldman Sachs to |
| 0:42.2 | venture capital with industry ventures, to working at next generation food and nutrition company, |
| 0:46.8 | Terra Via. I do also have to say a huge thank you to Rebecca Caden at Maveron for the kind |
| 0:50.9 | intro to Joey today, without which this episode would not have been possible. |
| 0:54.4 | But before we head into today's episode, Pendo helps companies create products that customers love. |
| 0:59.3 | It was founded when alumni from Raleigh, Google, Cisco and Red Hat combined their heads |
| 1:03.9 | and their hearts to build something they wanted but never had as product managers, a complete |
| 1:08.6 | platform for product teams. With Pendo, you can understand product |
| 1:11.9 | usage and rapidly make data-driven decisions. Survey users in-app for NPS and feedback, |
| 1:17.8 | deliver contextual help to improve UX and user onboarding, promote new features in product to drive |
| 1:23.0 | adoption without requiring any engineering resources. Pendo is the proven choice of innovative product |
| 1:28.2 | leaders at Salesforce, optimizely, Citrix, and many more leading companies. Learn more today at go.pendo. |
| 1:34.4 | io slash harry. That's go.pendo.combo.com. But what if you're starting out in the industry and want to |
... |
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