4.4 • 637 Ratings
🗓️ 10 August 2018
⏱️ 30 minutes
🧾️ Download transcript
Armon Dadgar is the Founder & CTO @ Hashicorp, the open-source software company that provides consistent workflows to provision, secure, connect and run any infrastructure for any application. To date, Hashicorp has raised over $74m in VC funding from many friends of the show including Scott Raney @ Redpoint, Glenn Solomon @ GGV, Semil Shah, True Ventures and Mayfield. As for Armon, today he leads the Hashicorp research group and focused on industrial research in the security and large-scale system management space. Prior to founding Hashicorp, Armon was a software engineer @ Kiip and Amazon.
In Today’s Episode You Will Learn:
1.) How Armon made his way from intern at Amazon to founding Hashicorp and creating the game-changing suite of tools in the world of DevOps?
2.) Hashicorp has enjoyed success after success with new products, so what does Armon believe is the secret to continuous product innovation? What does Armon mean when he says "there are really 3 phases to product adoption"? How does Armon determine between vision for a product and the realism when it is not working, when launching products?
3.) Hashicorp only recently started generating revenue, why was now the right time? At what point does one go from building products for the community to building products people will pay for? How does Armon assess professional services today? What does Armon believe are the 2 foundational problems with "professional services"?
4.) Many VCs suggest it's impossible to build big infrastructure businesses today given the commoditizing forces to open source and cloud computing. How have Hashicorp navigated that and bucked that conventional wisdom? How has Armon also bucked the conventional wisdom on the importance of focus? What core tenets must remain if one wants to go against this emphasis on focus?
5.) Armon and his co-founder brought on a CEO early, what was the realisation moment for the need to bring in an external CEO? How did Armon look to get comfortable with this transition? What advice would Armon give to founders contemplating bringing in an external CEO? With the benefit of hindsight, what would Armon do differently if he had the time again?
Items Mentioned In Today’s Show:
Armon’s Fave Book: To The Lighthouse by Virginia Woolf
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0:00.0 | We are back on the 20 minute VC and what a very special founders Friday we have in store with me, |
0:04.4 | Harry Stebbings. If you haven't already, it'd be great to see you on Instagram at H. Stebbings, |
0:08.5 | 1996 with 2Bs, where you can see all things behind the scenes at the 20 minute VC. It'd be great to see |
0:14.4 | you there. But to our founder in the hot seat today and I'm very, very excited to welcome Armand Dadgar, founder and CTO at Hashikorp, the open source |
0:21.8 | software company that provides consistent workflows to provision, secure, connect and run any |
0:27.1 | infrastructure for any application. And to date, Hashikorp have raised over 74 million in BC |
0:32.1 | funding from many friends of the show, including Scott Rainey at Red Point, Glenn Solomon at |
0:36.4 | GDV, Semel Shaw, True Ventures and |
0:39.1 | Mayfield, just to name a few. As for Arman, today, he leads the Hashikorp research group and focuses |
0:44.0 | on industrial research in the security and large-scale system management space. And prior to founding |
0:49.0 | HashyCorp, Armin was a software engineer at Keep and Amazon. I do also want to say a huge thank you to both Glenn |
0:54.1 | at GGV and Lenny at Amplify. For the intro to Armament today, I really am so grateful for that. |
0:59.2 | But before we meet today's guest, are you told your standards are too high? Well, the league |
1:04.0 | is the app that tells you to keep them that way. They know your time is valuable, so simply |
1:08.2 | tell them your preferences, and they will handle the scouting and vetting for you. Plus, even better, your profile will only be seen by people who match your |
1:15.7 | preferences. Matches expire after 21 days, and so there are no drawn-out games. And they even require |
1:21.4 | LinkedIn to protect your privacy and block you from matching with co-workers and business connections. |
1:26.1 | I have to say, I am a big fan, |
1:28.0 | and you can apply now by downloading the league on the app store or heading to the league.com. |
1:32.5 | And speaking of products that I'm a fan of, you must check out Zoom. |
1:35.4 | The fastest growing video and web conferencing service providing one consistent enterprise experience |
1:40.1 | that allows you to engage in a variety of activities, including video meetings and webinars, |
... |
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