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Dmitry Gurski

๐Ÿ‘ค Speaker
576 total appearances

Appearances Over Time

Podcast Appearances

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: From Potato Farm to $200M in Revenue: The Never-Before-Told Story of Flo Health: Scaling to $1BN Valuation, 75M Users & Getting 100s of No's From Investors Along the Way with Dmitry Gurski

Maybe, but many ways to be successful. It's a very simplistic way of thinking that there is a manual on how to run a company. Page 100, do that. Page 110, do that. If you look on the history of any company or any CEO, you would see that everything is so nuanced, everything is so unique, every journey is so unique. Nothing you may say like kind of you should do that and you shouldn't do that.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: From Potato Farm to $200M in Revenue: The Never-Before-Told Story of Flo Health: Scaling to $1BN Valuation, 75M Users & Getting 100s of No's From Investors Along the Way with Dmitry Gurski

Maybe, but many ways to be successful. It's a very simplistic way of thinking that there is a manual on how to run a company. Page 100, do that. Page 110, do that. If you look on the history of any company or any CEO, you would see that everything is so nuanced, everything is so unique, every journey is so unique. Nothing you may say like kind of you should do that and you shouldn't do that.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: From Potato Farm to $200M in Revenue: The Never-Before-Told Story of Flo Health: Scaling to $1BN Valuation, 75M Users & Getting 100s of No's From Investors Along the Way with Dmitry Gurski

Maybe, but many ways to be successful. It's a very simplistic way of thinking that there is a manual on how to run a company. Page 100, do that. Page 110, do that. If you look on the history of any company or any CEO, you would see that everything is so nuanced, everything is so unique, every journey is so unique. Nothing you may say like kind of you should do that and you shouldn't do that.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: From Potato Farm to $200M in Revenue: The Never-Before-Told Story of Flo Health: Scaling to $1BN Valuation, 75M Users & Getting 100s of No's From Investors Along the Way with Dmitry Gurski

Like you just understand your strengths. You should understand your way. You should not do something that is not natural for you. But then like thousands of ways to be successful and you just should choose your way to be successful. make your company successful.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: From Potato Farm to $200M in Revenue: The Never-Before-Told Story of Flo Health: Scaling to $1BN Valuation, 75M Users & Getting 100s of No's From Investors Along the Way with Dmitry Gurski

Like you just understand your strengths. You should understand your way. You should not do something that is not natural for you. But then like thousands of ways to be successful and you just should choose your way to be successful. make your company successful.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: From Potato Farm to $200M in Revenue: The Never-Before-Told Story of Flo Health: Scaling to $1BN Valuation, 75M Users & Getting 100s of No's From Investors Along the Way with Dmitry Gurski

Like you just understand your strengths. You should understand your way. You should not do something that is not natural for you. But then like thousands of ways to be successful and you just should choose your way to be successful. make your company successful.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: From Potato Farm to $200M in Revenue: The Never-Before-Told Story of Flo Health: Scaling to $1BN Valuation, 75M Users & Getting 100s of No's From Investors Along the Way with Dmitry Gurski

I would say that the most significant early days is not to die too early. Because usually you need to iterate several times to find something that works. And if you increase speed but you waste your resources on the way, probably it's a bad advice. If you combine your speed with

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: From Potato Farm to $200M in Revenue: The Never-Before-Told Story of Flo Health: Scaling to $1BN Valuation, 75M Users & Getting 100s of No's From Investors Along the Way with Dmitry Gurski

I would say that the most significant early days is not to die too early. Because usually you need to iterate several times to find something that works. And if you increase speed but you waste your resources on the way, probably it's a bad advice. If you combine your speed with

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: From Potato Farm to $200M in Revenue: The Never-Before-Told Story of Flo Health: Scaling to $1BN Valuation, 75M Users & Getting 100s of No's From Investors Along the Way with Dmitry Gurski

I would say that the most significant early days is not to die too early. Because usually you need to iterate several times to find something that works. And if you increase speed but you waste your resources on the way, probably it's a bad advice. If you combine your speed with

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: From Potato Farm to $200M in Revenue: The Never-Before-Told Story of Flo Health: Scaling to $1BN Valuation, 75M Users & Getting 100s of No's From Investors Along the Way with Dmitry Gurski

right spending of resources and you have your one million and it's enough to make three, four, five iterations rather than one, then speed is the right word. But I would not say that it's about speed. It's about right distribution of resources to have several chances for success.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: From Potato Farm to $200M in Revenue: The Never-Before-Told Story of Flo Health: Scaling to $1BN Valuation, 75M Users & Getting 100s of No's From Investors Along the Way with Dmitry Gurski

right spending of resources and you have your one million and it's enough to make three, four, five iterations rather than one, then speed is the right word. But I would not say that it's about speed. It's about right distribution of resources to have several chances for success.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: From Potato Farm to $200M in Revenue: The Never-Before-Told Story of Flo Health: Scaling to $1BN Valuation, 75M Users & Getting 100s of No's From Investors Along the Way with Dmitry Gurski

right spending of resources and you have your one million and it's enough to make three, four, five iterations rather than one, then speed is the right word. But I would not say that it's about speed. It's about right distribution of resources to have several chances for success.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: From Potato Farm to $200M in Revenue: The Never-Before-Told Story of Flo Health: Scaling to $1BN Valuation, 75M Users & Getting 100s of No's From Investors Along the Way with Dmitry Gurski

300,000 valuation was 3 million. But remember, company was in Belarus and it was 10 years ago. Like everything was much cheaper. But you may believe that it's extremely good.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: From Potato Farm to $200M in Revenue: The Never-Before-Told Story of Flo Health: Scaling to $1BN Valuation, 75M Users & Getting 100s of No's From Investors Along the Way with Dmitry Gurski

300,000 valuation was 3 million. But remember, company was in Belarus and it was 10 years ago. Like everything was much cheaper. But you may believe that it's extremely good.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: From Potato Farm to $200M in Revenue: The Never-Before-Told Story of Flo Health: Scaling to $1BN Valuation, 75M Users & Getting 100s of No's From Investors Along the Way with Dmitry Gurski

300,000 valuation was 3 million. But remember, company was in Belarus and it was 10 years ago. Like everything was much cheaper. But you may believe that it's extremely good.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: From Potato Farm to $200M in Revenue: The Never-Before-Told Story of Flo Health: Scaling to $1BN Valuation, 75M Users & Getting 100s of No's From Investors Along the Way with Dmitry Gurski

Yeah, yeah. And company now costs like more than 1 billion. It means that it's 300x to this investment if I'm calculating well. Oh, my God.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: From Potato Farm to $200M in Revenue: The Never-Before-Told Story of Flo Health: Scaling to $1BN Valuation, 75M Users & Getting 100s of No's From Investors Along the Way with Dmitry Gurski

Yeah, yeah. And company now costs like more than 1 billion. It means that it's 300x to this investment if I'm calculating well. Oh, my God.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: From Potato Farm to $200M in Revenue: The Never-Before-Told Story of Flo Health: Scaling to $1BN Valuation, 75M Users & Getting 100s of No's From Investors Along the Way with Dmitry Gurski

Yeah, yeah. And company now costs like more than 1 billion. It means that it's 300x to this investment if I'm calculating well. Oh, my God.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: From Potato Farm to $200M in Revenue: The Never-Before-Told Story of Flo Health: Scaling to $1BN Valuation, 75M Users & Getting 100s of No's From Investors Along the Way with Dmitry Gurski

Take me to that. How was the seed round? I think it was more kind of they just decided to invest to us because we had success before with apps, and it was not like a so big belief in our idea, but more belief that, ah, these guys will figure out something because they had success before. And I think they had arguments because it was so contrarian idea.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: From Potato Farm to $200M in Revenue: The Never-Before-Told Story of Flo Health: Scaling to $1BN Valuation, 75M Users & Getting 100s of No's From Investors Along the Way with Dmitry Gurski

Take me to that. How was the seed round? I think it was more kind of they just decided to invest to us because we had success before with apps, and it was not like a so big belief in our idea, but more belief that, ah, these guys will figure out something because they had success before. And I think they had arguments because it was so contrarian idea.