EyeRate CEO Ray Weisberg on scaling from $0 to $10M + Steve Jurvetson on disruptive tech | E1765
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 20 June 2023
⏱️ 65 minutes
🔗️ Recording | iTunes | RSS
🧾️ Download transcript
Summary
This Week in Startups is presented by:
LinkedIn Marketing. To redeem a $100 LinkedIn ad credit and launch your first campaign, go to linkedin.com/thisweekinstartups.
VEED makes it super easy for anyone (yes, you) to create great video. Filled with amazing features like templates, auto subtitles, text formatting, auto-resizing, a full suite of AI tools, and much more, VEED gives you the tools to engage your audience on any platform. Head to VEED.io to start creating incredible video content in minutes.
Fin can’t burn its mouth on hot pizza. Or wave at someone who wasn’t waving at them. Fin can resolve half of your customer support tickets instantly before they reach your team. Meet Fin. A breakthrough AI bot by Intercom – ready to join your support team today. Visit intercom.com/fin.
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Today’s show:
First, EyeRate CEO Ray Weisberg joins Jason to break down his startup’s business model (4:55), category creation and framing (13:32), how they plan on scaling from $10M to $100M (22:51), and more. Then, Steve Jurvetson gives a presentation on discovering and identifying disruptive new technologies. (36:34)
Steve’s talk was recorded live at LAUNCH Angel Summit.
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Follow EyeRate: https://twitter.com/EyeRateBusiness
Follow Steve: https://twitter.com/FutureJurvetson
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Time stamps:
(0:00) Great founders sometimes means very little contact!
(1:42) Jason explains LAUNCH’s investment strategy and ownership targets
(4:55) EyeRate CEO Ray Weisberg breaks down EyeRate’s early pivot, how they help real-world businesses increase customer engagement, and how the business is scaling
(12:10) LinkedIn Marketing - Get a $100 LinkedIn ad credit at https://linkedin.com/thisweekinstartups
(13:32) Lessons learned from scaling from $0 to nearly $10M in revenue, “category creation,” and framing
(21:19) Veed - Sign up and engage your audience on any platform at https://www.veed.io
(22:51) Thoughts on scaling from $10M to $100M, understanding market pull, content marketing ideas, hiring C-suite “bar raisers,” write-first culture
(35:52) Fin - Try Fin, Intercom's new AI customer support chatbot, at https://intercom.com/fin
(36:34) Steve Jurvetson gives a talk on finding and investing in disruptive technologies
(1:00:37) Steve takes a couple of questions from Jason and the audience
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Read LAUNCH Fund 4 Deal Memo: https://www.launch.co/four
Apply for Funding: https://www.launch.co/apply
Buy ANGEL: https://www.angelthebook.com
Great recent interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland, PrayingForExits, Jenny Lefcourt
Check out Jason’s suite of newsletters: https://substack.com/@calacanis
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Follow Jason:
Twitter: https://twitter.com/jason
Instagram: https://www.instagram.com/jason
LinkedIn: https://www.linkedin.com/in/jasoncalacanis
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Follow TWiST:
Substack: https://twistartups.substack.com
Twitter: https://twitter.com/TWiStartups
YouTube: https://www.youtube.com/thisweekin
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Subscribe to the Founder University Podcast: https://www.founder.university/podcast
Transcript
Click on a timestamp to play from that location
| 0:00.0 | one of the great ironies is you and I don't talk that often because you're crushing it and this is |
| 0:06.1 | one of the things I train investors your great investments you're going to just open up an update |
| 0:10.8 | one day and it's going to be like oh yeah we're going to go about close to 10 million of revenue |
| 0:14.0 | when when you invested they were at two or three thousand a month which I think is where you were |
| 0:17.0 | in the accelerator and you're going to be like okay it all worked out and that student in your class |
| 0:22.3 | if you will you know that padawan they just learned how to use a lightsaber and they crushed it |
| 0:27.7 | and then the person you have to deal with constantly is the person who completely |
| 0:31.8 | escrews everything up and it's the problem child so take all your tireless investor you're |
| 0:37.6 | the opposite you're that straight A student who just crushes everything this week in startups |
| 0:41.9 | is brought to you by LinkedIn marketing to redeem a free one hundred dollar LinkedIn ad credit and |
| 0:48.0 | launch your first campaign go to LinkedIn.com slash this week in startups VIDE makes it super easy |
| 0:56.3 | for anyone yes you to create great video filled with amazing features like templates auto |
| 1:02.8 | subtitles text formatting auto resizing a full suite of AI tools and much more VIDE gives you |
| 1:09.5 | the tools to engage your audience on any platform head to v.io to start creating incredible video |
| 1:17.2 | content in minutes and Finn can't burn its mouth on hot pizza or wave it someone who wasn't waving |
| 1:25.2 | at them Finn can resolve half of your customer support tickets instantly before they reach your team |
| 1:32.1 | meet Finn a breakthrough AI bot by intercom ready to join your support team today |
| 1:38.8 | visit intercom.com slash Finn all right everybody welcome back to this week in startups one of the |
| 1:45.2 | things we like to do here on the podcast is talk to founders that's what we called it this week in |
| 1:51.0 | startups the show grew over the last 12 13 years to five six days a week crazy right so much |
| 1:59.9 | advertising so many topics so many great conversations we started talking about the news a whole bunch |
| 2:04.8 | and then one of the things I realized is a lot of the companies we've invested in haven't been |
... |
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