In Today’s Episode, We’ll Dive Into:
What was it like scaling GroupMe in the early days of mobile? In just 370 days, Jared and his team led GroupMe from an idea to an $85M sale to Skype / Microsoft. Jared walks through his rationale for the sale and the pain points he was looking to solve with the app.
What should founders prioritize in a sale to a strategic? Jared shares his perspective on how founders should emphasize alignment when selling to a strategic. Jared also shares his tips for closing a deal and the key risks to pinpoint early on in the process.
What’s Jared solving now with Fundera? Jared’s now building the leading resource for small businesses to access loan capital, which is a very different problem compared to building a viral consumer app. Jared shares what the pain points in the market are, and how Fundera is enabling the backbone of the American economy.
How do you navigate a slow-moving ecosystem as a hyperscaling startup? What happens when you try to disrupt a legacy, regulation-filled environment. Jared shares the innovative distribution models and partnership tactics that have been critical to Fundera in disrupting the bureaucratic loan industry.
What are the consistent pattern Jared sees across successful consumer apps? Jared shares his take on ‘making’ it in the world of consumer apps. Disclaimer: a lot of it is luck. But adherence to product, team, and vision are critical in the fight for eyeballs and fickle consumer attention.