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The Times Tech Podcast

Headspace CEO Rich Pierson: ”This is my business partner, the ex-Buddhist monk.”

The Times Tech Podcast

Will Morley

Business, Unknown, Technology

4.9654 Ratings

🗓️ 22 July 2017

⏱️ 37 minutes

🧾️ Download transcript

Summary

The Sunday Times’ tech correspondent Danny Fortson brings on Rich Pierson, co-founder of Headspace, the popular meditation app, to talk about how it started in London nine years ago (6:30), meeting his co-founder (8:00), quitting his job marketing deodorant (9:15), starting out with group meditation events (13:00), accidental focus groups (16:00), moving to California (16:45), going from 18 to 170 employees (19:30), layoffs and mistakes (20:00), convincing investors to put money into mindfulness (21:30), competing with 3,000 rival apps (25:00), struggling to manage people (30:00), helping nurses with “compassion fatigue’ (34:00), and signing up big companies (34:45).

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Transcript

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0:00.0

The people of Britain love their fancy blenders.

0:03.2

They've bought loads of them.

0:05.5

And luckily, if they bought them with Barclay Card, they earned rewards.

0:09.4

In fact, they'll earn rewards on all their eligible purchases.

0:13.1

It's a more convenient way to consume your fruit and veg.

0:16.6

What you buy is your business.

0:18.9

Giving you rewards on purchases is ours.

0:21.7

Barclay card.

0:22.7

Make money work for you.

0:24.3

28.9% APR representative variables subject to application, financial circumstances and borrowing history,

0:29.2

T's and C's Apply.

0:32.2

Hello, hello.

0:33.3

Thank you for tuning in.

0:34.6

Before we get started this week, I just wanted to give a quick thank you

0:39.0

to all of those who have rated the podcast and given us reviews, in particular to a couple

0:45.9

listeners. One, Coxie 696 wrote recently, I have to say as a non-techie, but someone who's

0:52.5

interested in innovation and what's really going on in Silicon Valley, this hits the spot.

0:57.9

Compelling listening for anybody who cares about the future.

1:02.1

Thank you, Cawksie.

1:03.8

I'd like to think that we all care about the future, so of course, everyone should be listening.

1:10.3

Dan Fellows writes a huge reference for me in the world of marketing, digital technology, and business.

1:17.0

Danny has an incredibly disarming style, which tends to get more out of his guests.

...

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