The Twenty Minute VC
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A 20-minute VC podcast.
Harry Stebbings
The Twenty Minute VC: Peter Pham, Co-Founder @ Science Inc — Why the battle between entrepreneurs & VC is unfair
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Harry Stebbings
@PeterPham is a Co-Founder at Science, the startup studio that helps incubate companies co-building them alongside CEO's, with recent companies like Dollar Shave Club (acquired by Unilever for $1B) and leading marketplace, DogVacay. More recently Science created created one of the top 100 iOS Apps called Wishbone. Peter has also helped his portfolio raise over $350M in that time. Previously as an operator, he led Photobucket to its $300M acquisition by Fox Interactive Media as well as CEO of BillShrink (acquired by MasterCard.) In Today’s Episode You Will Learn: 1.) How Peter made the transition from operator to company builder with Science? 2.) How does Peter approach the fundraising process itself? How does he instruct founders about the right ways to approach and enter the fundraising game? 3.) How can entrepreneurs determine whether a VC is saying not to them? What are the signs that an investor is genuinely interested? 4.) With 3,000 no's from investors, how does that affect Peter's mentality? How does he avoid the negativity surrounding a VC saying no? 5.) What are Peter's major learnings on how companies scale effectively today? How important are network effects to this scaling? Items Mentioned In Today’s Show: Peter’s Fave Blog and Newsletter: @Recode Peter’s Fave Book: How To Win Friends & Influence People Peter's Most Recent Investment: @HandstandApp
Adam Marx
@harrystebbings @peterpham @recode So excited for this. Been following Peter since I saw his chat with @sacca. Really a super intelligent guy. Great way to start the day! 😀 👍
Ben Tossell
@adammarx13 oooo what chat? link me :)
Adam Marx
@bentossell It was a periscope chat between @peterpham and @sacca last spring. I looked for it but only got the "expired link" message. Not sure it's saved anywhere, would have to ask Sacca if he can link you to the original talk. It's a paltry substitute, but here's a short piece I wrote after watching it. Might be able to glean some of the things they spoke about from it: https://medium.com/@adammarx13/k... I'll continue to look for it and ping you if I can find it! :)
Harry Stebbings
@adammarx13 @peterpham @recode @sacca THANKS SO MUCH ADAM AND IT WAS SUCH A PLEASURE TO HAVE PETER ON THE SHOW! ONE OF MY FAVE INTERVIEWS TO RECORD!