20VC: What VCs Really Mean They Say 'Stay In Touch', Why Incentivisation Through Perks Is Lazy & Why Founders Should Always Under-Promise & Over-Deliver with David Politis, Founder @ CEO @ Bettercloud

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Recorded23 Dec 2016

Publisherthetwentyminutevc.libsyn.com ↗

Handlerec:352188

Show notes

David Politis is the Founder & CEO @ Bettercloud, the first ever unified SaaS management platform. Bettercloud have raised over $40m in funding from some of today's best investors including past guests from Accel, Greycroft Partners and Flybridge Partners, just to name a few. Before founding BetterCloud, David was an early employee of Cloud Sherpas (acquired by Accenture [NYSE: ACN]) where David led Cloud Sherpas to become the leading Google Apps services provider and reseller to SMBs worldwide. Prior to Cloud Sherpas, David was the founding employee and General Manager of Vocalocity (acquired by Vonage [NYSE: VG]), which he grew into one of the top providers of cloud PBX technology. In Today’s Episode You Will Learn: 1.) How Dave came to found Bettercloud? What was the a-ha moment for him? 2.) Why does David like to invest in everything but perks? What are the challenges of incentivising a team with Perks? What are the alternatives? 3.) What are the limits to transparency? Can there ever be too much transparency? How do you engender a culture of radical transparency within the workforce? 4.) How was the fundraising process for David? how did it alter and develop with every round? What did he do well and what would he improve upon? 5.) How can founders optimise the on boarding process for new hires? What is fundamental? What are the common mistakes and how can this be hacked for success? Items Mentioned In Today’s Show: David's Fave Blog: Recode David's Fave Book: Banker To The Poor As always you can follow Harry, The Twenty Minute VC and David on Twitter here! Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC. Pearl believes the latest automotive technology should be available to every driver – whether it’s time for you to buy a new car or not. RearVision is our first step in driving this commitment forward. Pearl RearVision is the only wireless backup camera and alert system that installs in minutes and updates throughout its lifetime. Pearl literally takes less than 10minutes to install and is completely wireless because it’s solar powered. Since RearVision is software based, we’re able to push updates and new features over the Pearl App in the exact same way you receive updates for other apps on your phone. Pearl RearVision is perfect for anyone who wants to upgrade their car in minutes. Pearl RearVision is $499.99 and available at PearlAuto.com. It’s also available on Amazon and through Crutchfield. Xero is beautiful, easy-to- use online accounting software for small businesses. With Xero, you can easily manage your accounting anytime, anywhere from your computer or mobile device.When you add Xero to your small business you are able to: Send online invoices and get paid faster. Get an instant view of your cash flow. Track your payroll and keep tabs on your inventory. Partner with your accountant and bookkeeper in real time whenever you like. You can also customize your Xero experience with over five hundred business apps, including advanced solutions for point-of- sale, time tracking, ecommerce and more. Sign up for a free thirty-day trial at xero.com/20vc

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