HubSpot CTO Dharmesh Shah on empowering entrepreneurs, HubSpot’s journey, and AI automation | E1781
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 21 July 2023
⏱️ 63 minutes
🧾️ Download transcript
Summary
This Week in Startups is brought to you by… Vanta. Compliance and security shouldn't be a deal-breaker for startups to win new business. Vanta makes it easy for companies to get a SOC 2 report fast. TWiST listeners can get $1,000 off for a limited time at vanta.com/twist Crowdbotics. Great ideas can change the world, and Crowdbotics is the fastest way to turn those ideas into code. Get a free scoping session for your next big app idea at crowdbotics.com/twist Fitbod. Tired of doing the same workouts at the gym? Fitbod will build you personalized workouts that help you progress with every set. Get 25% off your subscription or try out the app for FREE when you sign up now at fitbod.me/TWIST. *
Today’s show:
HubSpot CTO Dharmesh Shah joins Jason to discuss his angel investing origin and strategies (2:36), HubSpot’s journey from a startup to a public company (6:19), the potential of generative AI (42:03), and much more!
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Time stamps: (00:00) HubSpot Co-Founder and CTO Dharmesh Shah joins Jason (2:36) Dharmesh explains what prompted his angel investing journey (6:19) HubSpots journey from startup to where it stands today (8:48) Dharmesh’s decision to focus on Small Minus Big (SMB) investing (11:12) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist (12:19) SMB investing conversation continued (16:08) The difference in cycles between big and small businesses (17:45) The best reason to start a company (21:25) Ways to go about assessing ideas (23:29) Crowdbotics - Get a free scoping session for your next big app idea at crowdbotics.com/twist (28:34) Breaking down the entrepreneurial work ethic (34:15) Anticapitalist sentiment in the U.S. (38:11) Fitbod - Get 25% off at https://fitbod.me/twist (39:40) Starting a business in a downturn (42:03) AI’s impact on business and Business Process Automation (BPA) (46:39) Dharmesh’s thoughts on the next stage of AI and the effect on jobs (54:41) How AI will lead to more efficient organizations and increase margins
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Follow Dharmesh: https://twitter.com/dharmesh *
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Transcript
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| 0:00.0 | And the truth is, even when you start with an idea that you're super passionate about, |
| 0:04.0 | in greater than 50% of chances, you thought you were starting a jazz trio and you made, |
| 0:08.6 | you know, a rock band or a Southern rock band, whatever it is, you'll find your sound and you'll |
| 0:13.8 | find it by doing it. You have to play the music. And so, waiting for the perfect idea is the |
| 0:20.0 | enemy of success in a lot of ways. Yeah, and waiting for the perfect idea is actually the barrier |
| 0:25.2 | to finding the perfect idea. Even better saying that happens after you start once you come into |
| 0:30.2 | contact with customers in the market, you work together and you start, I love your analogy, |
| 0:34.2 | as you start playing is when you kind of really discover, kind of discover yourself and what's |
| 0:37.9 | out there. This week in startups is brought to you by Vanta. Compliance and security shouldn't be a |
| 0:44.4 | deal breaker for startups to win new business. Vanta makes it easy for companies to get a SOC 2 report |
| 0:50.3 | fast. Twist listeners can get $1,000 off for a limited time. Advanta.com-slash-twist. |
| 0:58.1 | Crowdbotics. Great ideas can change the world. And Crowdbotics is the fastest way to turn those |
| 1:04.4 | ideas into code. Get a free scoping session for your next big app idea at crowdbotics.com-slash-twist. |
| 1:12.6 | And Fitbot. Tired of doing the same workouts at the gym? Fitbot will build you personalized workouts |
| 1:20.3 | that help you progress with every set. Get 25% off your subscription. Or try out the app for free |
| 1:27.2 | when you sign up now at fitbot.me-slash-twist. |
| 1:32.0 | All right, welcome back to the program, everyone. Today we have another amazing guest, one of my |
| 1:36.7 | favorite people on the pod or just outside the pod. Narmeshah is the co-founder and CTO of HubSpot. |
| 1:42.8 | He was on the show 10 years ago this year, episode 334. |
| 1:47.5 | He is an incredible supporter of founders, angel investors thinker and friend of the pod. Welcome |
| 1:54.6 | back, sir. Thanks for having me. Glad to be here. You and I became friends because we share a |
| 1:59.2 | passion for entrepreneurship and writing those 25k, 50k checks, 100k checks into early startups. |
... |
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