Yen: "I keep it pretty simple. I really say, you know, how much money do we make this month? Is it growing at what rate?" He says that with v c backing, these inefficiencies would have been ironed out far earlier. But he kept pulling the correct levers to supercharge the viro loop that brought them more and more users.
This week, we’re returning to an episode of Masters of Scale featuring Ben Chestnut, the co-founder and CEO of Mailchimp. The email marketing platform was acquired this year by Intuit in a multi-billion-dollar deal that closed this month. Hear how Chestnut used a DIY ethos to grow the company without ever raising a dollar of outside funding. The Mailchimp story is the exception to Reid's rule (always raise more money than you think you need!). The episode explores a range of options for those who don't fit the VC-funding mold. Cameo appearances: LeVar Burton (Star Trek, Reading Rainbow, LeVar Burton Reads), Don MacKinnon (Milq), Karen Cahn (iFundWomen).
Read a transcript of this episode: https://mastersofscale.com
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