Between Two COO's with Michael Koenig cover image

Between Two COO's with Michael Koenig

Latest episodes

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Jul 16, 2024 • 48min

HomeToGo COO Valentin Gruber Talks M&A, Strategic Planning, and Taking the Multi-Billion Dollar Company Public

In this episode of Between Two COOs, host Michael Koenig sits down with Valentin Gruber, COO of HomeToGo, to explore the inner workings of the vacation rental aggregator and its strategy. HomeToGo went public via a SPAC in 2021, reaching a valuation of $1.2 billion after raising $150 million in VC funding. Valentin shares insights into the company’s growth, its approach to balancing marketplace and software solutions, and the strategic importance of acquisitions. The discussion delves into leadership principles, decision-making frameworks, and how HomeToGo navigates market complexities while competing with giants like Airbnb. Valentin also provides an entertaining look at innovative cost-saving measures the company employed, highlighting the unique culture at HomeToGo. This episode is a must-listen for anyone interested in strategic growth, leadership, and the evolving landscape of the vacation rental market.00:00 Introduction to Between Two COOs00:16 Valentin Gruber's Background and Home2Go Overview01:01 Home2Go's Market Position and Public Listing01:57 Home2Go's Business Model Evolution05:16 Scale and Transactions at Home2Go07:19 Subsidiaries and Acquisitions15:36 Strategic Planning and Problem Solving22:39 Leadership and Company Culture24:20 Management Approach and Decision-Making Techniques25:45 Balancing Learning and Expertise28:59 The Importance of Pre-Reads in Decision Making32:41 Leaders Staying Connected to Problems33:54 Understanding SPACs and HomeToGo's Public Journey38:20 Strategic Use of SPAC Funds39:18 Evaluating and Executing M&A Deals42:05 Memorable Moments and Financial Discipline46:26 Conclusion and Farewell 
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Apr 23, 2024 • 41min

School of Rock COO Stacey Ryan on Navigating Crises, Change, Leadership, and Empowerment

Navigating Leadership and Innovation at School of Rock with Stacey RyanIn this episode of Between Two COOs, host Michael Koenig interviews Stacey Ryan, the COO of School of Rock - a global music school franchise. Stacey debunks a common misconception about the business's origin, noting it predated and inspired the 2003 film. She discusses the operational challenges of managing a global franchise, particularly through the COVID-19 pandemic, and highlights the innovative pivot to remote lessons and live-streamed shows. Stacey also delves into her role in founding Frontwoman.org, aimed at empowering women in leadership roles across various industries. The discussion covers her career trajectory, the importance of mentorship, operational strategies for scaling, and the significant impact of maintaining a supportive and innovative culture for both students and franchisees. 00:00 Welcome to Between Two COOs: Meet Stacey Ryan00:28 The Real School of Rock: Beyond the Movie00:52 Empowering Women Leaders: The Mission of Frontwoman.org02:10 Navigating Challenges: Pandemic Response and Innovation at School of Rock12:49 Operational Insights: Building a Global Music Education Empire25:21 Empowering the Next Generation: Talent Assessment and Retention31:25 Frontwoman.org: Championing Women's Leadership and Empowerment40:40 Closing Thoughts and Resources
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4 snips
Apr 9, 2024 • 1h 6min

Fellow CEO Aydin Mirzaee on Mastering Productivity and Efficiency with AI

Fellow CEO, Aydin Mirzaee, discusses optimizing meeting efficiency with AI, emphasizing the epidemic of unproductive meetings, the inception of Fellow as a SaaS product to revolutionize meetings, the importance of structured management processes, the role of AI in decision-making, setting meeting norms, and balancing security with innovation. Also, shares personal AI integration anecdotes for brainstorming and learning.
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Feb 13, 2024 • 38min

Cameron Herold of COO Alliance and 1-800-got-junk on How to delegate, lead, fix problems, hire and promote, and be the second in command

Cameron Herold, founder of COO Alliance and author of 'The Second In Command,' discusses his transition from COO to CEO, the mindset shifts that accompanied this change, and the importance of delegating and focusing on critical tasks. The podcast also explores promoting from within versus hiring externally for COO role and strategies for fostering a safe environment where feedback is welcomed. Additionally, the episode touches on using Fellow to solve the meeting problem, embracing AI as a tool, and the importance of adapting and thriving as a leader.
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Jan 30, 2024 • 33min

EU vs AI: What You Need to Know About the EU's AI Act - The Legal Opinion with Flick Fisher, Partner at Fieldfisher

Flick Fisher, leading privacy specialist and partner at Fieldfisher, discusses the EU's AI Act and its risk-based approach to regulating AI systems. They explore high-risk systems, prohibited AI, and the implications for business operations. They also discuss concerns about stifling innovation and speculate on the global impact of this regulation.
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Jan 24, 2024 • 52min

Productboard COO Greg Strickland on how to balance growth and innovation, collecting mentors and personal development, managing through change, SMB to enterprise shift, and the competitive advantage of startups

COO of Productboard, Greg Strickland, discusses embracing new opportunities, mentorship in early-stage companies, continuous learning, innovation with AI, scaling up to enterprise market, fostering empathy and collaboration, and personal anecdotes of executives fighting over candidates.
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Jan 9, 2024 • 47min

Get Your Guide COO Tao on Building a $2 Billion Dollar Travel Experience Giant

(01:20 - 02:44) The Travel Experience Market's Growth(04:36 - 06:03) Peer to Peer Tour Guide Platform(07:27 - 09:26) Learning and Customer Obsession Importance(12:35 - 13:56) Creativity and Execution in Strategy(16:11 - 17:06) Identifying Core Values for Company Culture(21:48 - 23:03) Accelerating Digitization and the QR Code(36:32 - 37:43) Investment Strategy and Flywheel Approach(39:48 - 40:47) International Tensions and Investment Impacts(43:17 - 44:43) Applying AGI and AI to Operations  (00:11) The Travel Experience Industry Journey This chapter welcomes Tao, COO of GetYourGuide, to share insights into the burgeoning travel experience industry. I explore how GetYourGuide, a company that started in a dorm room, grew into a $2 billion enterprise, selling over 80 million tickets to travelers seeking unique experiences, such as private tours of the Vatican Museum. We look at the travel experience market as an untapped online frontier, previously dominated by offline transactions and now worth $300 billion. Tao recounts the founding story of GetYourGuide, from its original concept as a peer-to-peer platform for tour guides to pivoting towards professional activity operators, marking the beginning of its success. We also touch upon the company's recent $194 million funding round and discuss the increasing trend of travelers preferring experiences over material possessions. (13:56) Adapting Culture and Surviving Crisis This chapter begins by exploring the integration of culture with changing strategies, emphasizing the importance of a consistent culture that supports shifts without causing disruption. I discuss the development of authentic core values by sharing a story of initial failure and eventual success through a reflective process with the leadership team, highlighting the key role of core values in determining who fits within a company. The conversation then pivots to the impact of COVID-19, recounting the immediate challenges and strategic decisions made in response to the pandemic, including the choice not to lay off staff and to continue investing in the future. The chapter concludes with an optimistic outlook, noting a strong recovery and promising prospects for the years following the initial crisis. (21:10) Travel Industry This chapter focuses on how businesses adapted during the pandemic, particularly addressing the balance between long-term planning and immediate operational needs. We touch on innovative measures like salary sacrifices for stock options and government-subsidized work hour reductions. We highlight the insights gained from having co-founders with molecular biology backgrounds, which helped us stay ahead in understanding the virus's impact on the travel industry. Additionally, we discuss the acceleration of digitization due to the pandemic, using the QR code's newfound ubiquity as a prime example. This digital shift significantly impacted operations, especially for our partnerships with historical attractions and museums, which had to quickly adapt to digital ticketing and queue management. Lastly, we examine the surge in travel as restrictions lifted, debunking the idea that the spike was merely 'revenge tourism' and noting the persistent trend towards domestic tourism. (31:53) Board Members, Funding, Global Network Effects This chapter focuses on the strategy behind assembling a board of directors for a private company, highlighting the importance of selecting members who bring expertise and accountability. We explore the company's recent Series F funding round, which includes a mix of cash and a revolving credit facility, designed to provide financial flexibility. The significance of raising funds during a period when many tech companies struggle is discussed, emphasizing the company's steady growth and prudent financial practices that have led to a successful up-round without resorting to complex financial instruments. I share insights into the deployment of the raised capital, underlining the company's investment into a technology-driven flywheel model, which encompasses building customer audience, enhancing the product, and acquiring a diverse inventory to support their mission of expansion, particularly in the U.S. market. (40:48) Travel and AGI Building Connections This chapter begins with reflections on the value of a connected world and the peace dividend concept, emphasizing how less military spending can boost investment in other sectors like technology and education. I examine the impact of decoupling on trade efficiency and express hope for the role of travel in fostering empathy and cultural understanding. I share insights on the potential of AGI and chat GPT to transform operations in various fields, including machine learning, translation, customer service, and personalized recommendations. I highlight the impressive capabilities of AI in instant translation, which can facilitate global communication and commerce. Lastly, I recount the startling experience of near-zero revenue during COVID-19 and discuss how resilience led to recovery. To keep up with these themes, I encourage listeners to use GetYourGuide for their travels and connect with me, Tao Tao, on LinkedIn. Links: Playing to Win: How Strategy Really WorksThe Mind of the StrategistAmazon's Leadership PrinciplesNetflix's Core ValuesDelivering Happiness Turning on the Lights at the VaticanGetYourGuideEpisode URLMichael Koenig on LinkedIn
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Dec 19, 2023 • 39min

Doist COO Allan Christensen on remote ops, perfecting hiring, designing ops for career development, the ideal employee feedback loop

(00:12) Interview With Remote COO Alan Christensen COO Alan Christensen shares his journey and Duist's success without institutional investment, pioneering remote work and dividing responsibilities with CEO. (11:48) Future of Remote Work and Communication Remote work's significance in shaping the future, utilizing asynchronous communication, transparency, and documentation for effective management. (22:28) Recruitment, Career Growth, and Feedback Processes Hiring, company culture, flat hierarchy, career development, and professional growth are emphasized by the speaker. (31:04) Challenges With Trademarks and Feedback Remote company Todoist's values, challenges, hands-on management, stable squads, feedback framework, and trademark infringement case.  
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4 snips
Dec 5, 2023 • 59min

Rewind.ai & Optimizely CEO & Founder, Dan Siroker, on augmenting human memory with AI, building Optimizely, AI in operations, privacy and security, hiring and building extraordinary teams, and AI's impact on STEM education

Dan Siroker, CEO and Founder of Rewind.ai & Optimizely, discusses augmenting human memory with AI, building Optimizely, AI in operations, privacy and security, hiring extraordinary teams, AI's impact on STEM education, and AI summarization. They explore the intersection of technology and memory, leveraging AI for productivity, cultural values in teams, and accountability in successful teams.
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Nov 21, 2023 • 43min

Arcadia COO, Kate Hennigsen, on Clean Tech and Disrupting the Energy Market, Non-Traditional Backgrounds for Working in Tech (and Ops!), Energy Regulation, M&A, Board, Risk, and Cash Management, & the Power of a Well Written Cold Email

(00:12) Clean Tech and Disrupting Energy Market(06:15) Community Solar and Renewable Energy Innovation(15:37) Data Platform and Energy Transformation(24:21) Acquisitions, Integration, and Board Composition(29:05) Startup Board Management and Risk Balancing(35:51) Leadership, Growth Mindset, and Overcoming Challenges(42:18) Connecting Through Cold Emails(00:12) Clean Tech and Disrupting Energy Market We discuss Energy 101 today with Kate Hemington, co-founder and COO of Arcadia Power. Kate has a degree from the University of Oxford and a background in corporate litigation, making her well-equipped to tackle the energy industry. We talk about energy being a regulated monopoly, the trillions of dollars in the market, and how Arcadia is bringing digitization opportunities. We also discuss the unique perspective of having a legal and policy background and how it allowed them to get into the market and innovate. Kieran and Kate bring their own experience with energy policy and law, respectively, to the conversation. (06:15) Community Solar and Renewable Energy Innovation We enter the complex world of community solar. She explains how the state incentivizes third party developers to build renewable power sources and how Arcadia simplifies the process by giving customers a guaranteed savings rate. We understand how electricity works and why community solar is a guaranteed win for the customer, as well as how it’s helping to displace dirty electrons with clean ones. (15:37) Data Platform and Energy Transformation We chat about the potential of retrofitting four billion machines to achieve maximum decarbonization. We explore how the market has shifted in the last 15 years, with over 90% of new electrons produced in the US being renewable. We also discuss how Arcadia's data platform, Arc, is providing other companies with data, such as EV manufacturers and solar developers, to help their customers with micro decisions. Finally, we consider how Arcadia is managing its mission and culture with its switch to serving enterprises. (24:21) Acquisitions, Integration, and Board Composition We discuss acquisitions and product integration. We explore the importance of growth and expansion, and how to know when an acquisition is right. We examine the challenges of integrating products, the risks of taking on too much too soon, and the importance of understanding a company and its culture before making an acquisition. We also look at the value of an independent board member, and the importance of having a plan when it comes to acquisitions. (29:05) Startup Board Management and Risk Balancing We explore risk management and cash management. Kate shares how they've become better at board management, and how to let board members know what you need from them. We discuss how macroeconomic events have led to a guard your flank mentality, but how regulated line of revenue has given them a floor. We also talk about how the energy transition is a larger market than the macroeconomic events and how it has helped them to be aggressive in a down environment. Finally, Kate shares her thoughts on tight times and how it has created a renewed focus. (35:51) Leadership, Growth Mindset, and Overcoming Challenges We explore the importance of understanding growth mindset and being comfortable with discomfort. We also look at the importance of communication in building a successful team and how to effectively manage people. Kate shares her experience of bringing a global operations team together and the challenges of leading a co-founder. Finally, we look at the moment of surprise when the team received five cease and desist letters from utilities and how they overcame the challenge. (42:18) Connecting Through Cold Emails The power of cold emails. We emphasize the importance of making connections, and provide advice on how to maximize reaching out to potential contacts. Tap into the power of cold emails and take the opportunity to make meaningful connections. Don't forget to subscribe to Between Two COOs and leave us a review on Apple Podcasts to share your thoughts and help spread the word. Kate on LinkedIn: https://www.linkedin.com/in/kate-henningsen/Episode: https://betweentwocoos.com/arcadia-power-coo-kate-hennigsenArcadia Power: https://www.arcadia.com/Michael Koenig on LinkedIn: https://www.linkedin.com/in/michael-koenig514

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