Episode: 369: Krenar Komoni - CEO & Founder, Tive

Episode 369 of The @Venturefizz Podcast features Krenar Komoni, CEO & Founder of Tive. The question: “What led you down the path to start this company?” is always interesting, as you never know what ultimately inspired the entrepreneur. It could be years of experience working in an industry, maybe it is a personal experience, or it could be a tremendous amount of research to find a problem that’s worth solving… or in the case of Krenar and Tive, it could be your family as the idea stems from his father-in-law’s trucking company and the manual process of located its drivers. From Krenar’s point of view, it is a problem that could be fixed with a tracking system and oh… it is a problem that Krenar just happens to be uniquely qualified to solve based on his expertise and background with wireless connectivity, hardware, and chipsets. Fast forward to today, Tive is a leading provider of supply chain and logistics visibility technology. Trusted by over 900 customers, the company recently announced a $40M Series C round of funding led by WiL (World Innovation Lab) and Sageview Capital. Chapters 00:00 Intro 02:23 Advice for Raising Follow On Rounds of Venture Capital 08:47 Krenar's Background Story in Kosovo 11:11 Landing in Vermont & Experience at Startups 19:45 Background Story of Tive 23:32 Industry Trends 25:22 Naming the Company 28:25 Landing First Customers 30:50 Early GTM Approach & Learning from the Sales Team 36:08 Picking the Right Industry Vertical 43:19 The Latest at Tive 46:35 The Question that Entrepreneurs Need to Ask Themselves. 48:09 The Culture at Tive 48:20 New Chapter 50:06 Apps & Book Recommendations