Today’s guest is an incredible leader building an incredible company. Patrick Spence is the CEO of Sonos ($SONO), a $3.5 billion dollar hardware audio company. I get excited because this is one of those companies I like to call fashology – where fashion meets technology. Patrick made his bones at Blackberry, fighting in a land of giants; taking on Apple and Google and Microsoft and Qualcomm. And at Sonos he continues to wage war in a world of giants, competing against the likes of Apple and Google. It’s a great growth story and I hope you enjoy it.

Guest - Patrick Spence, CEO at Sonos 

howardlindzon.com, sonos.com 

Twitter: @howardlindzon, @PanicwFriends, @Patrick_Spence, @Sonos, @knutjensen 

linkedin.com/in/patrickspence 

#fintech #invest #investment #venturecapital #stockmarket #finance 

Show Notes:

• (00:49) – Intro
• (04:01) – Welcome Patrick
• (06:33) – Taking the reins at Sonos
• (10:05) – The background on Blackberry
• (18:24) – Innovators Dilemma - Lessons from Blackberry
• (24:23) – Taking on Big Tech
• (26:18) – Hitting escape velocity 
• (29:06) – Peter Lynch - Buying what you know
• (30:02) – Partnering with IKEA
• (36:36) – Partnerships and Collaboration
• (40:20) – Tackling the Supply Chain
• (42:09) – Remote work and company culture
• (45:27) – Wrapping up
• (47:05) – Closing thoughts