Friday Feb 09, 2024
Larry Kim - Founder Story, Early Google Days with Eric Schmidt, Reverse Engineering to a $130M exit
(0:00) Entrepreneurship as a kid, starting a business in high school that won a $50,000 contract
(6:57) Role models: Mom with her home based piano teaching business was earning 4x his father
(12:49) Paying for his own college education with the money he earned in high school
(15:42) Getting a job in Silicon Valley in the late 90's
(17:53) Timing matters: Chamath Palihapitiya was just 1 year ahead in college - "you can crash your car into a goldmine"
(18:54) Getting a job as a PM at Allaire
(28:05) Switching from engineering to marketing and placing the largest ad order of the year with Google
(37:54) Getting a green card and starting a business in Boston, meeting Sergey Brin and Eric Schmidt and getting turned down for a job at Google
(43:10) Getting a services business off the ground and earning enough cash to start buying houses and one car a month while getting no's from VCs
(57:56) Getting the first VC funding for WordStream
(1:02:20) Stepping down as CEO
(1:10:18) Scaling Go To Market and dealing with Product Market Fit issues at WordStream
(1:20:00) Getting to $55M in ARR and selling WordStream for $130M
(1:24:30) Starting Customers.ai and motivation to do the next company
(1:38:10) Doing things differently as a second time founder
(1:45:50) Everyone should pursue entrepreneurship
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