The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Klaviyo's Andrew Bialecki on Going Public in an IPO Winter, Is Klaviyo Under-Priced in Public Markets and Why, Why Every VC Turned Klaviyo Down in the Early Days & How Shopify's Partnership Changed the Game

Jun 26, 2024
Andrew Bialecki, Co-Founder and CEO of Klaviyo, shares insights on founding Klaviyo, sticking to the initial vision, bootstrapping vs. VC funding, IPO in a tough market, and Klaviyo's valuation. He also discusses the importance of partnerships, AI technology, building customer relationships, and optimizing cash cycles.
51:26

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Successful bootstrapping and patience are key for finding product-market fit.
  • Iterative product evolution and adaptability to customer needs drive Klaviyo's growth.

Deep dives

Clavio's Growth Trajectory and Startup Journey

Clavio's growth trajectory is highlighted, starting from reaching $20,000 MRR in year one to a million dollars by the end of year three, illustrating the challenges faced and the decision to bootstrap instead of seeking venture funding.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode