HoldCo Builders How I Left Goldman Sachs To Start a $1B+ Company | Michael Cassau Interview
Jan 17, 2024
Michael Cassau, founder of Grover and former Goldman Sachs analyst, shares his journey from finance to founding a billion-dollar tech subscription company. He discusses the intricacies of raising hundreds of millions, emphasizing the importance of a compelling narrative and investor relationships. Cassau reveals lessons learned from Rocket Internet, the challenges of early startup life, and the significance of high energy in driving results. With humor, he recounts fundraising stories and reflects on the balance of work and personal life.
AI Snips
Chapters
Books
Transcript
Episode notes
NFT Celebration After Fundraising
- Michael and his team distributed NFTs to celebrate raising $330 million.
- They celebrated briefly then quickly shifted focus to growth and responsibility.
Global Business Openness
- Business development globally is possible due to people's openness to business.
- Culture has less influence than the willingness to engage in deals worldwide.
Balance Growth with Funding
- Break the chicken-and-egg cycle between equity and debt funding to start growth.
- Avoid the scarcity mindset to balance spending and fast growth without overspending.
