Silicon Slopes | The Entrepreneur Capital of the World RevRoad CEO Jenney Rees
Jan 8, 2025
41:30
In this episode, we sit down with the CEO of RevRoad, a venture firm based in Provo, Utah, that is redefining the traditional venture capital model. Instead of just writing checks, Revroad deploys human capital to help startups navigate the complexities of entrepreneurship.
00:00 - Introduction and Entrepreneurial Spirit in Provo
00:32 - Overview of RevRoad's Unique Venture Model
01:23 - Mentorship and Human Capital in Venture
02:18 - Vision and Founding of RevRoad
03:11 - Attraction to RevRoad and Darren Hill's Vision
04:07 - Previous Career in Government and Transition to RevRoad
05:03 - Experience in Politics and Working with Spencer Cox
07:00 - Relationship Between RevRoad and RevRoad Capital
08:34 - Homegrown Utah Venture Model
09:15 - Learning from Y Combinator and Business Model Evolution
10:49 - Co-Investment Strategy with RevRoad Capital
12:34 - Equity Terms and Transparency
13:44 - Preparing Founders for Next Funding Rounds
15:02 - Remote Work and COVID-19 Adaptations
16:13 - Utah's Venture Community and Attracting Outside Investment
18:20 - Building Utah's Tech and Business Ecosystem
19:46 - Types of Companies Receiving Venture Funding
20:47 - Big Swings in Utah's Energy Sector
21:52 - Technology and Sales Skills in Utah Founders
22:38 - Potential of Energy Sector in Utah
23:43 - AI and Technical Founders
25:06 - Provo as a Hub for Entrepreneurship
27:13 - Impact of Universities on Provo's Entrepreneurial Scene
29:02 - Community and Mentorship in Provo
31:02 - Collaboration Between RevRoad and iHub
34:00 - Partnership in Startup Alley
34:53 - Future Integration of RevRoad and RevRoad Capital
36:03 - Government Support for Startups
38:20 - Application Process and Ideal Candidates for RevRoad
39:46 - Traits of Successful Entrepreneurs
40:30 - Importance of Adaptability in Entrepreneurship
If you enjoyed this video and want to support us please leave a LIKE, write a comment on this video and Share it with your friends. Subscribe to our channel on YouTube and click the icon for notifications when we add a new video. Let us know in the comments if you have any questions.
Our website: https://www.siliconslopes.com
Show Links: https://www.revroad.com
Social:
Twitter - https://twitter.com/siliconslopes
Instagram - https://www.instagram.com/siliconslopes/
LinkedIn - https://www.linkedin.com/company/silicon-slopes/
YouTube - https://www.youtube.com/channel/UC8aEtQ1KJrWhJ3C2JnzXysw
00:00 - Introduction and Entrepreneurial Spirit in Provo
00:32 - Overview of RevRoad's Unique Venture Model
01:23 - Mentorship and Human Capital in Venture
02:18 - Vision and Founding of RevRoad
03:11 - Attraction to RevRoad and Darren Hill's Vision
04:07 - Previous Career in Government and Transition to RevRoad
05:03 - Experience in Politics and Working with Spencer Cox
07:00 - Relationship Between RevRoad and RevRoad Capital
08:34 - Homegrown Utah Venture Model
09:15 - Learning from Y Combinator and Business Model Evolution
10:49 - Co-Investment Strategy with RevRoad Capital
12:34 - Equity Terms and Transparency
13:44 - Preparing Founders for Next Funding Rounds
15:02 - Remote Work and COVID-19 Adaptations
16:13 - Utah's Venture Community and Attracting Outside Investment
18:20 - Building Utah's Tech and Business Ecosystem
19:46 - Types of Companies Receiving Venture Funding
20:47 - Big Swings in Utah's Energy Sector
21:52 - Technology and Sales Skills in Utah Founders
22:38 - Potential of Energy Sector in Utah
23:43 - AI and Technical Founders
25:06 - Provo as a Hub for Entrepreneurship
27:13 - Impact of Universities on Provo's Entrepreneurial Scene
29:02 - Community and Mentorship in Provo
31:02 - Collaboration Between RevRoad and iHub
34:00 - Partnership in Startup Alley
34:53 - Future Integration of RevRoad and RevRoad Capital
36:03 - Government Support for Startups
38:20 - Application Process and Ideal Candidates for RevRoad
39:46 - Traits of Successful Entrepreneurs
40:30 - Importance of Adaptability in Entrepreneurship
If you enjoyed this video and want to support us please leave a LIKE, write a comment on this video and Share it with your friends. Subscribe to our channel on YouTube and click the icon for notifications when we add a new video. Let us know in the comments if you have any questions.
Our website: https://www.siliconslopes.com
Show Links: https://www.revroad.com
Social:
Twitter - https://twitter.com/siliconslopes
Instagram - https://www.instagram.com/siliconslopes/
LinkedIn - https://www.linkedin.com/company/silicon-slopes/
YouTube - https://www.youtube.com/channel/UC8aEtQ1KJrWhJ3C2JnzXysw