My First Million #107 with Chris Bakke - This Serial Entrepreneur is an Idea Machine
5 snips
Sep 4, 2020 
In this engaging discussion, Chris Bakke, a serial entrepreneur and early employee at Rent Juice, shares his wealth of experience in the startup world. He discusses his innovative idea of 'Shopify for SaaS products' and explores the potential of franchising services like GeekSquad. Together with Shaan Puri, they dive into lucrative opportunities in home-based education and the powerful concept of giving small businesses what big corporations already have. Chris also pitches his new venture aimed at replacing traditional consultants with software solutions.
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Rent Juice Acquisition
- Chris Bakke worked at Rent Juice, an online real estate startup, doing sales and business development.
- After raising seed and Series A funding, Rent Juice was acquired by Zillow in 2012.
CultureFit Hiring at 42 Floors
- At 42 Floors, Chris' team prioritized CultureFit when hiring, leading to a team of fun but not necessarily effective people.
- They excelled in engineering but struggled with sales, marketing, and customer support due to this hiring approach.
Effective Hiring Practices
- Use take-home tests and work samples to assess candidate skills for non-technical roles.
- This approach, inspired by Laszlo Bock's book, provides better insights into on-the-job performance than traditional multiple-choice tests.