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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

Yeah, like a small investor, but he invested early. He joked recently that the single role of an investor is that he outrages the entrepreneur, and then the entrepreneur has the full energy to prove to the investor that he's wrong. Of course, it's a joke, but it's partly true. But I would say that a good investor may create a ton of value by proper work in the board.

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

And a good board brings a ton of value. And the biggest value from the board is that you're just accountable. And you have moments of truth, like board meetings, when you need to make proper refraction prepare proper materials and explain future, explain past. And without board meetings, you would never have patience or energy to 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

And a good board brings a ton of value. And the biggest value from the board is that you're just accountable. And you have moments of truth, like board meetings, when you need to make proper refraction prepare proper materials and explain future, explain past. And without board meetings, you would never have patience or energy to 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

And a good board brings a ton of value. And the biggest value from the board is that you're just accountable. And you have moments of truth, like board meetings, when you need to make proper refraction prepare proper materials and explain future, explain past. And without board meetings, you would never have patience or energy to 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

But when you have such moments of reflection, then your business is getting better because you're just reflecting all the time. And good investors, they've been part of the board. They may provide good advice. They may make you better. It's almost kind of if you have like a Like coach, like what's the difference between having coach or visiting gym by yourself? Accountability. Accountability.

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

But when you have such moments of reflection, then your business is getting better because you're just reflecting all the time. And good investors, they've been part of the board. They may provide good advice. They may make you better. It's almost kind of if you have like a Like coach, like what's the difference between having coach or visiting gym by yourself? Accountability. Accountability.

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

But when you have such moments of reflection, then your business is getting better because you're just reflecting all the time. And good investors, they've been part of the board. They may provide good advice. They may make you better. It's almost kind of if you have like a Like coach, like what's the difference between having coach or visiting gym by yourself? Accountability. Accountability.

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

Accountability is really significant 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

Accountability is really significant 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

Accountability is really significant 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

If you meet like a first-time entrepreneur, start your pitch from explaining that it's normal and it's default play for VCs to say no and it's nothing personal.

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

If you meet like a first-time entrepreneur, start your pitch from explaining that it's normal and it's default play for VCs to say no and it's nothing personal.

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

If you meet like a first-time entrepreneur, start your pitch from explaining that it's normal and it's default play for VCs to say no and it's nothing personal.

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

and you should just like understand rules of games and just like put on your wall I will get 100 no's and each time you're getting no like put like just one line and you should be very very you should understand rules of the game and it should not be like a personal for you because you should that you're per se no when you get no's I get no's I fundraise too for my funds when I get a no I'm gonna prove you fucking wrong

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

and you should just like understand rules of games and just like put on your wall I will get 100 no's and each time you're getting no like put like just one line and you should be very very you should understand rules of the game and it should not be like a personal for you because you should that you're per se no when you get no's I get no's I fundraise too for my funds when I get a no I'm gonna prove you fucking wrong

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

and you should just like understand rules of games and just like put on your wall I will get 100 no's and each time you're getting no like put like just one line and you should be very very you should understand rules of the game and it should not be like a personal for you because you should that you're per se no when you get no's I get no's I fundraise too for my funds when I get a no I'm gonna prove you fucking wrong

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

It's a very, very significant driving force for success in the case of many people. Is it for you? For some extent, it was more significant for me at the beginning because at the beginning, all people around were so skeptical about our business and idea and not just investors. I had this bitterness all the time that I didn't have any understanding of our vision and any support.

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

It's a very, very significant driving force for success in the case of many people. Is it for you? For some extent, it was more significant for me at the beginning because at the beginning, all people around were so skeptical about our business and idea and not just investors. I had this bitterness all the time that I didn't have any understanding of our vision and any support.

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

It's a very, very significant driving force for success in the case of many people. Is it for you? For some extent, it was more significant for me at the beginning because at the beginning, all people around were so skeptical about our business and idea and not just investors. I had this bitterness all the time that I didn't have any understanding of our vision and any support.

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

And then when we proved that our ideas are worth and this is a good, sustainable business, then it became easy.