Masters of Scale The vital question Taskrabbit founder Leah Solivan wished she asked investors
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Aug 15, 2024 Leah Solivan, founder of TaskRabbit and current general partner at Fuel Capital, shares her innovative journey from building a gig economy giant to becoming a venture investor. She reveals how a snowy night inspired the creation of TaskRabbit and reflects on the challenges of scaling her startup. Leah discusses the vital questions entrepreneurs should ask investors, emphasizing self-awareness in fundraising. Her insights on technology's impact on investment strategies and the importance of teamwork in success are both enlightening and practical.
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TaskRabbit's Origin
- Leah Solivan's dog food need on a snowy night sparked the idea for TaskRabbit.
- She realized she could use her iPhone to connect with someone in real time, capitalizing on social, location, and mobile technologies.
Commit to Your Idea
- Fully commit to your idea, finding ways to make it work despite challenges.
- Be prepared for a long journey with sacrifices, but ensure your idea is worth the effort.
Early TaskRabbit Development
- Leah coded for six weeks, then tested her product in a coffee shop, getting real-time user feedback.
- To find taskers, she posted on Craigslist, interviewing every applicant to ensure trust and safety.