This conversation delves deep into the nuances of how a sophisticated product organization thinks about new products through customer-driven innovation, internal innovation, as well as external ecosystem-driven innovation. Sramana Mitra: Let’s introduce you and GoDaddy a little bit so we can set context that frames our conversation today. Steven Aldrich: I have been very fortunate
Sramana Mitra: What about industry sector? Do you have preferences? Do you have concentrations? Do you have expertise in specific sectors? Oded Hermoni: We usually invest a lot in media. A couple of months ago, you covered two Israeli companies Outbrain and Tabula. We invested in Outbrain very early on. We also invested in a
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John Dougery: We had a thesis around services-based businesses in e-commerce for consumers. Financial technologies are a big segment there. We invested in Policybazaar, which is the leading online insurance marketplace by a factor of 10 over its competition now. It was about a factor of five when we first invested. It’s getting increasing commissions
Sramana Mitra: Is this an inside sales model? What is the go-to market? Anthony Ferry: It has turned out to be more of an inside sales type of selling. It’ a hybrid. That was a learning for me. What I was used to was more of an outside sales in a consultative arena. Especially when
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Oded Hermoni was recorded in October 2017. Oded Hermoni is Managing Partner at Rhodium Venture Partners, and is also co-founder of an Angel group, J-Angels. Sramana Mitra: Tell us about Rhodium. What is the
Steven Aldrich, Chief Product Officer, GoDaddy, delves deep into the nuances of how a sophisticated product organization thinks about new products through customer-driven innovation, internal innovation, as well as external eco-system driven innovation.
Sramana Mitra: Let’s do a couple of case studies of the kinds of companies that you have invested in and had successes with. If you could, for the benefit of our entrepreneurs, walk us through the logic and thought process of the investment thesis when you invested. John Dougery: I’ll start with companies that are based