This chapter discusses strategic decisions in funding sources, building businesses through serial entrepreneurship, and raising institutional venture capital. It emphasizes equity dilution as part of raising funding for a high-growth technology company, highlighting the importance of building a bigger pie. Additionally, it touches on hiring the right people, creating a strong company culture, and Octa Stock's performance and future projections in the tech stock market.
IN THIS EPISODE, YOU’LL LEARN:
03:24 - What Okta does and how it became a multi-billion dollar business.
05:14 - Why Frederic chose to stick with Okta after starting the company and helping it grow to over 5,000 employees.
11:01 - How Okta was able to bounce back from missing their sales targets by 70% back in 2011.
17:30 - Ways in which Okta is able to compete with the big tech behemoths.
19:28 - Frederic’s three rules to live by.
26:01 - Frederic’s blueprint for selecting the right partner to do business with.
32:54 - When founders should start considering taking in outside capital.
40:38 - How Frederic helps Okta tune out the stock price to focus on the business.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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