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David Schneider
General Partner at Coatue, known for his instrumental role in scaling ServiceNow and Data Domain.
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Sep 11, 2024
• 1h 6min
20VC: Scaling ServiceNow to $5BN in ARR | Leadership Lessons from Doug Leone, Frank Slootman and Bill McDermott | VC Value Add: Is it Real and Why the Worst VCs are "Seagull VCs"
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David Schneider, General Partner at Coatue, played a pivotal role in scaling ServiceNow to an impressive $5 billion in ARR. He shares secrets behind rapid growth, like effective hiring strategies and the significance of customer-centric products. The discussion dives into the challenges of transitioning from operator to investor, and the common pitfalls VCs face—calling out the so-called 'seagull VCs' who detract value. Schneider also offers insights on leadership dynamics and the importance of understanding customer needs in navigating market missteps.
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