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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

Really, we had much more than two. We had two attempts to create a successful period tracker. But before Flow, me and my brothers and partners, we started two dozen different apps, some of them successful, some of them less successful. My brother and me participated in different projects for a different extent. We had success with these apps. We had six exits up to this moment.

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

Really, we had much more than two. We had two attempts to create a successful period tracker. But before Flow, me and my brothers and partners, we started two dozen different apps, some of them successful, some of them less successful. My brother and me participated in different projects for a different extent. We had success with these apps. We had six exits up to this moment.

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

We had an exit to Google, exit to Facebook. We started several companies which have revenue in 100 million, 50 million. It means that it was quite a journey before Floor. It was five, six years of work before Floor. It was not so simple. We just decided we would create a successful period tracker and we just started and it was an immediate 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

We had an exit to Google, exit to Facebook. We started several companies which have revenue in 100 million, 50 million. It means that it was quite a journey before Floor. It was five, six years of work before Floor. It was not so simple. We just decided we would create a successful period tracker and we just started and it was an immediate 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

We had an exit to Google, exit to Facebook. We started several companies which have revenue in 100 million, 50 million. It means that it was quite a journey before Floor. It was five, six years of work before Floor. It was not so simple. We just decided we would create a successful period tracker and we just started and it was an immediate 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

But even with our experience, we got success with Floor from the third attempt. The first period tracker failed, the second period tracker failed.

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 even with our experience, we got success with Floor from the third attempt. The first period tracker failed, the second period tracker failed.

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 even with our experience, we got success with Floor from the third attempt. The first period tracker failed, the second period tracker failed.

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

these apps that he complicated. And what we definitely learned from experience with consumer-facing products is that for consumers, simplicity is the most significant. It's much more significant than the number of features. It's much more significant than anything. Simplicity is the key of success in consumer-facing products.

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

these apps that he complicated. And what we definitely learned from experience with consumer-facing products is that for consumers, simplicity is the most significant. It's much more significant than the number of features. It's much more significant than anything. Simplicity is the key of success in consumer-facing products.

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

these apps that he complicated. And what we definitely learned from experience with consumer-facing products is that for consumers, simplicity is the most significant. It's much more significant than the number of features. It's much more significant than anything. Simplicity is the key of success in consumer-facing products.

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

Probably we created this first apps being beautiful, sophisticated, but too complicated for people. It's my theory, but honestly, nobody knows. It's always very irrational at the beginning.

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

Probably we created this first apps being beautiful, sophisticated, but too complicated for people. It's my theory, but honestly, nobody knows. It's always very irrational at the beginning.

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

Probably we created this first apps being beautiful, sophisticated, but too complicated for people. It's my theory, but honestly, nobody knows. It's always very irrational at the beginning.

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 any general advice is bad. Any general advice is bullshit. Every time when you say any sentence with every, each, any general advice is bad. This advice is bad as well because this advice assumes that each situation is the same. But no, no, no. Life is very nuanced and each situation is very different. Usually when people ask this question, they assume two different questions.

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 any general advice is bad. Any general advice is bullshit. Every time when you say any sentence with every, each, any general advice is bad. This advice is bad as well because this advice assumes that each situation is the same. But no, no, no. Life is very nuanced and each situation is very different. Usually when people ask this question, they assume two different questions.

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 any general advice is bad. Any general advice is bullshit. Every time when you say any sentence with every, each, any general advice is bad. This advice is bad as well because this advice assumes that each situation is the same. But no, no, no. Life is very nuanced and each situation is very different. Usually when people ask this question, they assume two different questions.

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

One question is, if it's not about your own pain, how did you find motivation? And if it's not your pain, how did you find knowledge? Motivation? I always wanted to do something meaningful. It was about books, it was about our other health apps. I have never had any motivation, for example, to work in gambling. If you propose me one billion, I would not take a CEO position in a gambling company.

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

One question is, if it's not about your own pain, how did you find motivation? And if it's not your pain, how did you find knowledge? Motivation? I always wanted to do something meaningful. It was about books, it was about our other health apps. I have never had any motivation, for example, to work in gambling. If you propose me one billion, I would not take a CEO position in a gambling company.

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

One question is, if it's not about your own pain, how did you find motivation? And if it's not your pain, how did you find knowledge? Motivation? I always wanted to do something meaningful. It was about books, it was about our other health apps. I have never had any motivation, for example, to work in gambling. If you propose me one billion, I would not take a CEO position in a gambling company.