In this episode, Erasmus Elsner is talking to Sean Henry, co-founder and CEO of STORD about building a digital warehouse and distribution startup backed by some of Silicon Valley's top venture firms, incl. Susa Ventures, Kleiner Perkins and Founders Fund from Atlanta, Georgia.
00:00 Intro
01:11 Announcing the Series B led by Founders Fund
02:57 What solution does STORD offer?
04:27 Sean Henry's entrepreneurial journey from childhood
13:00 STORD business model
19:50 Solving the two-sided marketplace problem
25:35 Competitive landscape
28:55 Software-enabled marketplace: Software as a wedge to get supply side
35:15 STORD pricing
38:50 STORD as a distributed logistics and storage systems
45:15 Acquisition of Cove Logistics in summer of 2020
48:31 Raising money from Silicon Valley as an Atlanta based startup
54:45 What's next for STORD
Sand Hill Road