Enrico Palmerino is the Founder and CEO of Botkeeper, an accounting automation platform. Using a combination of accountants, machine learning, and AI, Botkeeper provides businesses with 24/7 bookkeeping, insightful dashboards, and accurate reporting. The company has been recognized as an industry leader by Gartner, Accounting Today, CEOWORLD MAGAZINE, Patch, Red Herring, Bostinno, and has earned a Stevie Award.
Before starting Botkeeper, Enrico’s background was in automation, decision trees, and accounting, and he has a triple major from Babson College in quantitative methods, entrepreneurship, and strategic management.
In this episode…
Many entrepreneurs choose to bootstrap their startup businesses. The thought of relinquishing control can be daunting and may prevent them from getting venture capital funding altogether.
As much as Enrico Palmerino likes to control his own destiny, his company's rapid growth meant he needed the type of financing required to continue to scale. He had a vision for the company's future and realized that being bootstrapped would hold him back and limit his growth. His desire to build the brand was the primary factor in his decision to get venture capital funding.
In this episode of the Skunkworks Podcast, Eric Bourget interviews Enrico Palmerino, the Founder and CEO of Botkeeper, about the value of getting venture capital funding. They also talk about the influence of leadership styles, the difference between being a visionary versus an integrator, and the right time to transition to venture capital funding.