Fundraising, exiting to Elastic and the future of Product Engineering | Rasmus Makwarth (CEO, Bucket)

In 2017, Rasmus Makwarth sold his previous APM (Application Performance Managment) startup Opbeat to Elastic for an undisclosed amount. Opbeat became Elastic APM, which became a big part of the Elastic Observability solution and Rasmus became Senior Director of Product Management - with a focus on Developer Experience.

Today, Rasmus is the founder and CEO of Bucket.co - a feature flagging tool built for B2B teams. Bucket has raised $5.7m from investors such as Project A and Creandum.

We dig into:

• The realities of fundraising on a deadline
• The role of San Francisco in fundraising - do you need to be there?
• How exit opportunities can come from unexpected sources and the importance of showing up 
• The importance of building a great product
• What Rasmus learned at Elastic - one of the biggest DevTools in the world 
• Why Bucket is betting on helping engineers at b2b companies understand how users use their features
• The future of product engineering

Where to find Rasmus:

• LinkedIn https://www.linkedin.com/in/makwarth/?originalSubdomain=dk
• Twitter/X https://x.com/makwarth
• Bucket https://bucket.co/

References

• Elastic https://elastic.co/
• Opbeat acquisition announcement https://www.elastic.co/blog/welcome-opbeat-to-the-elastic-family
• Shay Banon - founder of Elastic https://www.linkedin.com/in/kimchy/
• Gregory Tademoto - VP Global Business & Corporate Development https://www.linkedin.com/in/gregorytademoto/

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