On the aSaaSins 'Money Morning Quarterback' segment, our hosts Justin Vandehey and Chris Yeh break down the companies that raised their Seed, Series A, or Series B round of funding the prior week.
This week, Justin and Chris play 'Money Morning Quarterback' with Verkada, an enterprise building security company, and Tract, a community and content marketplace for student-directed learning. They unpack Verkada's $205M round and Tract's $7M round.
Chris Yeh is the co-author, along with Reid Hoffman, of Blitzscaling, the book that explains how to build world-changing companies like Amazon, Alibaba, and Airbnb in record time.
A writer, investor, and entrepreneur, Chris has had a ringside seat in the world of startups and scaleups since 1995. His books help founders, venture capitalists, corporate leaders, policymakers, and everyday people better understand how the internet has changed the way we work together to build amazing organizations.
Hundreds of companies, from garage-dwelling startups to Fortune 50 titans have tapped his knowledge and insights to accelerate and transform their businesses.
"I have a prediction with 100% in 10 years you're going to have a billion dollar ARR company emerge out of this category"
The Zero to One phase is the hardest stage because you're having to convince people to use a new product from a new company. And on top of that LaunchDarkly at the time was also a process change, and people weren't really used to continuous delivery.