ACQ2 by Acquired

Building tech and product for marketplaces (with Rover cofounder Phil Kimmey)


Listen Later

“There’s often a desire to keep adding features because ‘Oh wouldn’t it be cool if we could do this or that?’ The reality is if a customer is only spending five minutes with your product, they’re only going to interact with a very tiny subset of your feature set. And so, you’re better off usually improving something that 80% of [customers] interact with that is really core than things around the edges that are more functionality.” - Phil Kimmey

 

We are very excited to be joined by Phil Kimmey, one of the co-founders of Rover (and a frequent member of various 30 under 30 lists), who designed Rover in its infant stages at a Startup Weekend! In this episode, we dive into Rover’s initial design, how the business model was proved, and wrap up with a lengthy discussion on Value-Add Features vs Data-Driven Features. Phil also provides his opinion on what makes new tech and development teams successful and explains why PayPal still sends Rover’s monthly summary statements to his parent’s house.

 

Sponsors:

Koyfin: https://bit.ly/acquiredkoyfin

Be sure to follow the Acquired Podcast:

Follow Acquired: @AcquiredFM, acquired.fm


Links from the Show:

Conjoined Triangles of Success

 

...more
View all episodesView all episodes
Download on the App Store

ACQ2 by AcquiredBy Ben Gilbert and David Rosenthal

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

246 ratings


More shows like ACQ2 by Acquired

View all
This Week in Startups by Jason Calacanis

This Week in Startups

1,280 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,080 Listeners

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

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

525 Listeners

Founders by David Senra

Founders

2,032 Listeners

Capital Allocators – Inside the Institutional Investment Industry by Ted Seides – Allocator and Asset Management Expert

Capital Allocators – Inside the Institutional Investment Industry

791 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,981 Listeners

Value Investing with Legends by Columbia Business School

Value Investing with Legends

199 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,635 Listeners

The Memo by Howard Marks by Oaktree Capital Management

The Memo by Howard Marks

409 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

341 Listeners

The Logan Bartlett Show by by Redpoint Ventures

The Logan Bartlett Show

188 Listeners

No Priors: Artificial Intelligence | Technology | Startups by Conviction

No Priors: Artificial Intelligence | Technology | Startups

131 Listeners

Joys of Compounding by Colossus | Investing & Business Podcasts

Joys of Compounding

100 Listeners

BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

BG2Pod with Brad Gerstner and Bill Gurley

485 Listeners

Uncapped with Jack Altman by Alt Capital

Uncapped with Jack Altman

40 Listeners