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Traction

From 0 to 11.25 Billion at Breakneck Speed with Matt MacInnis at Rippling

Apr 19, 2023
01:05:02

Matt MacInnis, COO at Rippling shares what it takes to successfully build and scale a hypergrowth company.


In less than seven months after reaching a $6.5 billion valuation, Rippling was valued at $11.25 billion.


Matt joined the company when it was just 70 employees, and he has been a key player in its exponential growth.


From 2009 to 2018, Matt was the Co-Founder and CEO of Inkling, a mobile learning platform that provides on-job training for companies including McDonald’s and Whole Foods. Inkling was named one of the fastest, most innovative companies and raised over $100 million in funding before being acquired in 2018.


Specifically, Matt covers:


- The transition from Inkling to Rippling.

- The key to making a startup with multiple products successful.

- The long-term vision for Rippling.

- What is a COO, and when is the right time to bring one into a company?

- Behind the scenes of walking into a 70-person startup during a pandemic.

- The first hires to make in a fast-moving company.

- Key things to understand when scaling to $100 million ARR.

- Why Rippling likes to hire former founders.

- The benchmark for a successful process.


Learn more at https://tractionconf.io

Learn more about Rippling at https://www.rippling.com/


This episode is brought to you by:


Intercom enables you to connect with your customers at exactly the right moment using powerful messaging and automation. Scale your customer service without additional investment while still providing a fast and personal experience. Apply to get a 95% discount at https://Intercom.com/traction.


Each year the US and Canadian governments provide more than $20 billion in R&D tax credits and innovation incentives to fund businesses. But the application process is cumbersome, prone to costly audits, and receiving the money can take as long as 16 months. Boast automates this process, enabling companies to get more money faster without the paperwork and audit risk. We don’t get paid until you do! Find out if you qualify today at https://Boast.AI


Launch Academy is one of the top global tech hubs for international entrepreneurs and a designated organization for Canada's Startup Visa. Since 2012, Launch has worked with more than 6,000 entrepreneurs from over 100 countries, of which 300 have grown their startups to seed and Series A stage and raised over $2 billion in funding. To learn more about Launch's programs or the Canadian Startup Visa, visit https://LaunchAcademy.ca


Content Allies helps B2B companies build revenue-generating podcasts. We recommend them to any B2B company that is looking to launch or streamline its podcast production. Learn more at https://contentallies.com 


#product #marketing #innovation #fundraising #startup



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