The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: $18BN Market Cap and $1BN in ARR in 8 Years; Samsara | How to Find Product Market Fit Reliably | How to Create a Multi-Product Company | The Pros and Cons of Serial Entrepreneurship with Sanjit Biswas, Founder & CEO @ Samsara

40 snips
Dec 8, 2023
Sanjit Biswas, Founder and CEO of Samsara, discusses scaling his IoT company to an impressive $1BN in ARR in just eight years. He shares pivotal insights on achieving product-market fit, highlighting common pitfalls founders face. Sanjit reflects on transitioning from Meraki to Samsara, revealing lessons learned about effective scaling. He also explores the timing of launching multiple products and the importance of aligning personal growth with company strategy. Plus, he touches on cultivating ambition in affluent parenting and the future of technology in physical operations.
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ANECDOTE

High School Online

  • Sanjit Biswas's first tech project involved bringing his high school online in the mid-90s.
  • He manually typed 1,600 student names, set up web servers, and digitized the school newspaper.
ANECDOTE

RoofNet

  • Sanjit Biswas's early research project, RoofNet, involved physically installing antennas on roofs.
  • This hands-on approach, like his high school project, demonstrates a willingness to "brute force" solutions.
ADVICE

Rehiring Yourself

  • To transition from unscalable practices, "rehire" yourself by writing a new job description for the next stage.
  • Evaluate if your current activities align with the company's evolving needs and listen to your team's feedback.
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