Many come in looking to find co-founders or early hires. have programs across positions, I also want to shout out to other great companies in the space doing great work in different ways: $4,425 per non-executive hire and $14,936 per executive hire, substantive learning or applicable skills. Unlike universities, we don't get gov't support. Student. And ODF founders are starting companies. Therefore, trying to explicitly describe the knowledge of how to be successful in a given field can be very difficult. I was a pretty shy kid at the time. Please, Welcome to a special edition of The Flywheel! This was the same time Chatroulette was popping off I envisioned a similar product with a different focus. Mr. Erik Torenberg is a Co-Founder and serves as Executive Chairman at On Deck. The only way we can make it work is if we say like $2,000 up front or $5,000 ISA. Avanza Bank Board Member of Avanza Fonder (subsidiary) May 2022 On Deck lays off a third of staff after cutting a quarter just months prior Aug 04, 2022 Natasha Mascarenhas. He is a Co-Founder and serves as Chairman at Token Daily. I've written about how life-changing this book was for me. However, there is little education targeting mid-career professionals, who are stuck somewhere in the gulf between individual contributors and senior managers. Description. I met Tyler through a cold email. At Product Hunt we also hired from within the community a lot. No one could have built Product Hunt as he did. For Moment of Zen this week, we talked to Katherine Boyle about, This weeks Upstream is with Joe Lonsdale. Youre viewing 10 of 21 investments. Thanks so much for reading. Marc founded Ecko clothing and Complex he's a legend in hip hop culture. People from different fields have inspired me. I watched them and thought, man, how cool would it be if I could do that? We have had for example a VPs of Product at places like Flexport and dozens of people who have been founders at big companies, saying, you know, this is worth paying $2,000, and being really involved in the community. One of the biggest lessons I learned from. ) And for us, it was really a sort of in between phase of peoples careers, that was sort of our wedge. eriktorenberg.substack.com. And then we can hire the person who started it and let them run with it. ). Theres also utility in the education component peer to peer knowledge sharing, expert-led sessions and cohort-wide resources. That's what we're doing with Village Global. Suddenly, I was a founder. Shes also an angel investor and advisor to a number of mission-driven startups in the edtech, fintech, and pet spaces. Lets start On Deck Angel Investor Fellowship (ODA) which is a supply of capital for the early demand of founders. Give the community ways to make it their own. They want to invest. I wonder what hed say about today. We were just building different startups. If you're a firm like First Round or Sequoia, you get pocket aces every single time, whereas if you're starting as an angel, you're working with a two and a four. I previously wrote about personal moats, today I want to further flesh out the "Career as a Product" metaphor. Erik has been a founding team member of Product Hunt and Rapt.fm. One of those hosts, David Booth, is now On Deck's CEO. The Career Education Paradox . On Deck, when it started, was kind of an events business, or events community. David is born and bred in New Zealand, where he studied law and finance before launching 3 startups himself. For more about On Deck, you can read my insights from earlier this week here. Explorations and inquiries into my curiosities: culture, politics, tech, business, and human nature. So that's why we're really precise here on what are things that are uniquely enabled by your existing fellowships, existing audience, and what makes it stronger. But like other institutions, once our utility function rises past a certain point in the future, we will add additional products. If you think about debt, it has cost of capital, and the safer the borrower, the lower the cost of capital. And so why do those people join and pay $2,000? We were just building different startups. When you look at institutions like Stanford, or [startup accelerator] YCombinator (YC), they are very hard to disrupt. The only conclusion is utility, because it helps them figure out what to do next. Educational researcher Benjamin Bloom found that tutoring raised student performance relative to baseline by two standard deviations. Jonathan Swanson, founder of Thumbtack (and investor in On Deck). And so we did products, like gaming products, or podcast products or books, and it wasn't the same audience. Its the knowledge that isnt written down. We weren't uniquely enabled by our existing business. Since I wrote my takeaways of the book. Erik Torenberg: The difference [between where On Deck was at the time and other cohort type models like universities or accelerators] is that they compound. Angel, Fund of Funds, Venture Capital), Number of Investments the Individual has participated in, Announced Date: Date when the Investment is announced, Organization Name: Name of the organization that received the investment, Lead Investor: This field indicates whether an investor led/organized the investment, Funding Round: Name of the funding round where the Investment is made, Money Raised: Amount of money raised in Funding Round, Number of Investments the Individual has partnered in, Investor Name: Name of the investor who participated in the Investment, Total number of current Jobs the person has, Organization Name: This is the name of the organization, Title At Company: Title of a Person's Job, Start Date: Start date of the Person's Job, CB Rank (Hub): Algorithmic rank assigned to the top 100,000 most active Hubs, Total number of events the individual appeared in, Number of news articles that reference the Person, #125: Erik Torenberg What Is Venture Capital? What lends ODF prestige today, since we havent yet seen that mega-unicorn come through? Im glad you brought up incentives. Please send your feedback on this new format and let me know who else I should talk to. And of course, Andreas saw the future of remote work before the rest of the world caught up. Torenberg, an early Product . Erik embodies the most powerful combination: he dreams big and he knows how to harness the most valuable asset in the world human talent. You can change your choices at any time by clicking on the 'Privacy & cookie settings' or 'Privacy dashboard' links on our sites and apps. and a company, and learned the benefits of building in public. You dont have the data about it as its an informal activity. Floor traders are selected in the most non narrative manner, just by evolution in the sense that nice arguments dont make much difference.``. It's like one of those old Road Runner cartoons: you run off the cliff but keep moving your feet. Luckily for us, she decided that instead of founding her own company, she wanted to scale her impact by enabling other founders to build theirs. I've found it valuable for both conflict resolution and just better day-to-day conversations. 2023 PitchBook. Putting people in business and building long-term relationships with them. Any course they create will by definition be outdated by the time they teach it. When not working on On Deck or spending time with family, he also runs a community of logistics experts called StartOps, and supports and angel invests in early-stage startups. Very deliberate. The more people there are in the network, the more prospective co founders or hires, people to learn from, or support you along the way etc. We have over 2000 colleges and universities in the United States that offer bachelor's degrees, and a wide range of bootcamps and career entry programs. Anne Dwane, co-founder & GP at Village Global, I dont think a company like On Deck could have been founded by someone other than Erik. He then spent a decade in San Francisco working on a series of startups, usually as founding COO. So its not straightforward that it really aligns incentives for everyone. So that's why we're really precise here on what are things that are uniquely enabled by your existing fellowships, existing audience, and what makes it stronger. He is an Angel Investor. We had a path to building a solid lifestyle business, but I didn't believe it could reach venture scale. I see Nonviolent Communication (NVC) as preparation for the biggest conflict of our lives. Oops! People learn best by learning in smaller groups, especially 1:1. We don't need to rely on a small group of partners we leverage the minds and networks of dozens of what we call network leaders who we incentivize to source, select, and support companies on our behalf. We know that career education works. We weren't uniquely enabled by our existing business. To view Erik Torenbergs complete positions history, request access, To view Erik Torenbergs complete board seats history, request access, To view Erik Torenbergs complete deals history, request access, Youre viewing 10 of 183 network. Providing operators with value (a network of peers) enables them to teach other professionals how to upskill, without wasting their time in formal one-to-many lecture halls. He describes his investing as, voting for the future, and has backed startups working on everything from dog longevity to asteroid mining and decentralized museums. He died at 28. I remember him asking me, early in our discussion, are you sure you want to do this? I sat down with On Deck CEO David Booth and chairman Erik Torenberg to discuss all thing On Deck. Dani Grant, CEO of Jam, Erik has an excellent eye for seeing great founders before others do. So yes, we will continue to charge tuition fees. She was introduced to On Deck when exploring her next role and joined the fourth cohort of ODF in 2020. We discussed the benefits of ISAs (i.e. From who we have as financial backers, to how we invest, everything we do is about empowering and connecting people. Great, well what does a founder need? Keith Rabois, investor at Founders Fund (and investor in On Deck), Erik was the first person I told when I wanted to start a company, and he was the first person to commit to investing. It was in college in Ann Arbor that I started to get into rap. Conviction is great, but sometimes, especially after a few years without much progress, you need a gut-check. Well, it seems that career education is fundamentally broken, for two reasons: 1) its difficult to create courses that actually provide value to learners, and 2) there are few career education options targeting mid-career professionals. Oct 13, 2020 Erik Torenberg: Hustle and Flow Tech's multi-hyphenate talks about working at Product Hunt, founding On Deck, and investing with Village Global. He has a sense for the product and a craftsmanship that is remarkable. And he asked a final time. At best they can get it secondhand from studying their writings or talks. I remember meeting some friends in Detroit that were amazing freestylers. Find out more about how we use your personal data in our privacy policy and cookie policy. Most of the worlds knowledge is trapped inside the heads of key operators. He also serves as Advisor at Origin Health. What do angel investors want? While we at On Deck have programs across positions, I also want to shout out to other great companies in the space doing great work in different ways: Maven, Reforge, Bloom Tech, SV Academy, Flockjay, Pavilion, Chief, and many more. He is a proud dad of 4-year old Charlie. We rely solely on customer love to scale our business. A market map & deeper look into the ISA category This past Wednesday (March 27, 2019) was the first ever Life Capital Conference hosted by Slow Ventures, Village Global, The Information, and Cooley. If you think about debt, it has cost of capital, and the safer the borrower, the lower the cost of capital. He is an Angel Investor. . But this is a game with an unevenly distributed deck. He is someone unafraid to work hard, to take swings, to hustle, but does so in a way that makes you think he barely sweats. With Product Hunt, we encouraged members to host Meetups around the world. Execs is hosted by Erik Torenberg and produced by On Deck - where top talent goes to start companies, find their next roles, or invest in their careers. The knowledge that is useful to mid-career professionals is not knowledge you can find in a textbook. Something went wrong while submitting the form. Did you get value out of the program? Mr. Erik Torenberg is a Co-Founder and serves as Executive Chairman at On Deck. Erik Torenberg is no longer the co-CEO of On Deck, a tech company that is trying to productize the community in a way that helps founders secure capital and advice. Hes also one of the more intellectually curious people I know. This is the first of what I hope will be an ongoing series of founder interviews. We, TechCrunch, are part of the Yahoo family of brands. I learned a lot from working alongside them. In ODF, we saw that people were starting a writing channel, we saw that people were starting an angel investors channel. Erik was the first person I told when I wanted to start a company, and he was the first person to commit to investing. On equity, one challenge is that it lop-sides your organization. And he's likable at scale. Tech moves too fast for higher education professionals to keep up. I wanted to ask about it because one of the interesting things in education now is ISAs, and the story there is that it aligns the incentives perfectly between student and institution. It can also improve employees' earnings. Marshall Rosenberg, the author of Nonviolent Communication. Click to read Erik Torenberg, a Substack publication with thousands of readers. He was brilliant from a young age, already a legend in his late teens. Currently, the only option for mid-career professionals is an MBA, which now costs an average of $199,544 for a top-25 program. We would have events all over the world, but we didn't really see continuity, we didn't get stronger over time. DB: The number one reason people don't go to YC is they don't need to. Within months Product Hunt had raised from Y Combinator and Andreessen Horowitz. It's perhaps why when I think of Erik a tech mainstay that moonlights as a freestyle rapper two words come to mind: hustle and flow. We became the white-hot center of startup activity. Laura was previously an early product lead at GoogleX where she worked on science fiction-sounding technologies like self-driving cars, smart contact lenses and delivery drones. Posts. He dropped out of music school to get into tech and has played a number of roles as weve grown On Deck; from leading Product to building our admissions and recruiting teams. I was fortunate to meet unusual founders early in our investing. Empowering founders at scale. For Lambda School it works because it shifts someone from a lower trajectory to a higher one very clearly. I think of him as the David Foster Wallace of freestyling. Last month, the two of us sat down to talk about his love of rap, learning from Ryan Hoover, the network thinking that defines On Deck and Village Global, and a few investments he missed. It is a set of norms that are implicit, and not explicit. It varies immensely depending on the field and specialty. And also the more rigid and secured the terms, the lower the cost, right? If youre building a curation business, the main (if not only) moat you have is brand. 33,031 followers 1,916 following. So a corporation can borrow at a cheaper rate than a family restaurant. His expertise is in finance, fintech, marketplaces, operations and logistics. please let me know. I think of it as a fork of the English language stripping out the things you don't mean to say so that you can speak clearly, unburdened by passive aggression, for example. When I was thinking about what to do after Rapt, I asked if I could help Ryan with his side-project, Product Hunt. So one is I think we are by no means bound by tuition fees as the end of our model. First of all, Ryan is the best community and product person Ive ever met. On Deck, a tech company that connects founders to each other, capital . Erik has the Drake Effect on people. Crunchbase, and Github. Erik Trnberg holds 2 board and advisor roles as Board Member of Avanza Fonder (subsidiary) at Avanza Bank and Board Member at Stabelo. He is also a Co-Founder and serves as Partner at Village Global. In a previous role at On Deck, Erika led International Expansion and helped the company expand to five new markets. Hes led our first checks in Roam, RDMD, Trove, and many others. I think about supply and demand. The moment I realized Product Hunt was about to take off was when we featured the Yo app. authenticate users, apply security measures, and prevent spam and abuse, and, display personalised ads and content based on interest profiles, measure the effectiveness of personalised ads and content, and, develop and improve our products and services. Whereas controlling supply used to be the most important thing. Execs On Deck, Erik Torenberg Business 5.0 26 Ratings; Execs is a show for founders, operators & pioneers who want to understand the playbooks, frameworks and tactics that leading . In each case, the real outlier was the person. He's also a great community builder you don't expect a productivity tool to have a literal cult following. Nonviolent Communication by Marshall Rosenberg. If you liked this article, smash that like button and share with a friend! Put in the work to make their lives easier, and make them successful. And so we did products, like gaming products, or podcast products or books, and it wasn't the same audience. Anytime we prospectively want to hire somebody, we say go through this program, so we can sort of get to know each other a bit better. I dont think a company like On Deck could have been founded by someone other than Erik. His time as an operator at Product Hunt? Trish has been at On Deck since the beginning leading Customer Experience, Community, and Strategy before becoming COO. When you think of him, what comes to mind first? Check us out on the web at villageglobal.vc/podcast for more. For more about On Deck, you can read my insights from earlier this week here. He brings up everyone around him and sees to it that they all succeed in their dreams and goals. In essence, the author outlines a framework for communication that allows both parties to speak as clearly as possible. Erik writes a newsletter and is particularly well known for How to Grow the Startup Economy and his best career advice, Build Personal Moats. Lets start On Deck Angel Investor Fellowship (ODA) which is a supply of capital for the early demand of founders. Win whats next. I'm an investor, and I think Conor is a true genius. Their largest revenue stream is HBS publishing. The more you pay forward, the more the network gets valuable, the more it's valuable to you, and so on. That was a missed arbitrage opportunity on our part: if everyone's afraid of looking stupid, those willing to take the reputational risk, and do the research, stand to benefit. Everyone has a profile and they use it to search and everything else. His investments with Village Global? Marshall Kosloff: He's the silhouette. If you have equity in every company, you are much more incentivized to help the top 1 or 2 companies in your program than the rest. Anne Dwane, co-founder & GP at Village Global. You can spend decades trying to get better at playing your hand. ET: On equity, one challenge is that it lop-sides your organization. It was quite influential in web development and featured seamless database creation, migration, and scaffolding. Before On Deck, he ran syndicate operations and growth at Angel List, where he evolved how startups were funded within the venture ecosystem. One is the utility of the program. It taps into this deep wisdom that often escapes us in modern life. David Booth, CEO at On Deck, Erik has the Drake Effect on people. I think of him as the Kobe Bryant of VC he's been in this game for a long time but still wants to be the best. Before On Deck, Erika was a founding team member and director at the European accelerator, The Family, where she joined as the first employee back in 2013, then grew the company with the founders for seven years. As the community grows, theres an upper limit to the number of members, at which point the community breaks, presumably. He also serves as Advisor at Origin Health. Julian is a founder and investor focused on helping more startups get started that will change the world for the better. Keith Rabois, investor at Founders Fund (and investor in On Deck). Great, well what does a founder need? J. Krishnamurti A series of scattered and . We did the same thing with On Deck we had hundreds of people organizing free events. For example, the best knowledge about AI is currently held in the minds of engineers at OpenAI, Google, and Facebook, not in Academia. Feel free to forward this email, or hit the button below. The Venture Stories podcast he hosts? Ben Casnocha and I had started angel investing together and realized how valuable products like Product Hunt and On Deck were for sourcing companies. For On Deck, if someone joins having been an engineer at Stripe, its much less clear how much of their future trajectory On Deck is responsible for. If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. And so on. This site requires JavaScript to run correctly. General Partner, On Deck Fund and VP, Networks, Co-founder of On Deck, Partner in On Deck Founders and On Deck Angels, Executive Chairman, Co-Founder of On Deck. Erik Torenberg has 5 current jobs including Co-Founder & Partner at Village Global, Founder at Rise Awards, and Founder, Co-CEO at On Deck. If Stanford helps students become better citizens of the world, On Deck wants to help people become better citizens of the internet help them start businesses, build investment portfolios, and build online communities and audiences. It wasn't what we initially expected, but one of the ways Rapt made money was in employee onboarding. We think of these as curation businesses, because they are selecting who can participate. authenticate users, apply security measures, and prevent spam and abuse, and, display personalised ads and content based on interest profiles, measure the effectiveness of personalised ads and content, and, develop and improve our products and services. Hes since been my first text and has been helpful on every element of the business. He is an Angel Investor. Ben and I were consistently amazed by the brilliant people we met we'd never heard of before. Therefore, trying to explicitly describe the knowledge of how to be successful in a given field can be very difficult. We talked for three hours. This is the classic green lumber problem Nassim Taleb describes in his book, : Those who can, do; those who can't, teach Activity is the only road to knowledge, Thus, mid-career education is underserved. . Take LinkedIn as an example, at the extreme end of the spectrum. Erik Torenberg is the co-founder and Executive Chairman of On Deck. Prior to that, she was the first employee at Remote Year, where she helped build a community of thousands of traveling remote professionals in 30+ cities globally and a fully distributed team of 200+ employees. It's a book I read every year. Early career education is a saturated market. By Erik Torenberg. It was only five years later that they fell in love and got married. Erika leads On Decks investment efforts and supports the global portfolio. I've found it valuable for both conflict resolution and just better day-to-day conversations. Andreas is a fantastic hybrid: he's an excellent product engineer, community builder, and in his very own special way, communicator. We have founders in On Deck Founder Fellowship (ODF). DB: What I dislike about ISAs broadly is that its a very risky/expensive form of debt. These days, when she's not building, you can catch her hiking with her pup Goose or (trying to) surf in the Azores, Portugal. On Deck is a dinner series and evolving community of world class entrepreneurs who are openly or secretly about to start their next thing. Currently the community includes: successful repeat founders, EIRs at top-tier VC firms, and great designers and developers at companies like Facebook, Dropbox, Airbnb, and, Im excited to finally introduce the podcast Ive been planning for the last year: Venture Stories by Village Global In some ways this is the spiritual sequel to my last podcast, Maker Stories by Product Hunt, but with a twist. What defines both On Deck and Village Global is a commitment to a networked approach. If what we want is the very best people to do On Deck, we dont want to force anybody to give us equity or any other thing that will adversely cause them to self-select out. Erik embodies the most powerful combination: he dreams big and he knows how to harness the most valuable asset in the world human talent. I wrote this in tweet-storm format to help organize my thoughts. At Product Hunt we also hired from within the community a lot. When you look at institutions like Stanford, or [startup accelerator]. Every program we launch should bootstrap supply for an existing programs demand. DB: I realized that we're actually perhaps being a bit misleading holding out prestige as being so important, because think how many people join On Deck, and don't tell anyone. If you liked today's interview, I'd appreciate you sharing it. Hi everyone ! That was the biggest challenge we faced: creating a usable, low-latency product that was fun for consumers to use. See the links most recently upvoted by Erik Torenberg (@eriktorenberg) on Venture News. Let me know your take on Twitter, Tuesdays article about On Deck and its potential to disrupt the MBA, look at a school like Harvard Business School. You bring all these cool people in, they have a great experience, they want to work for On Deck, and then you can take your pick of who to hire. Twitter. They neither made the core offering better nor benefitted from our existing core audience. Share. One day, I had the chance to pitch Marc Ecko. So how do you think about scaling it, and will the business model sustain? In an email obtained by TechCrunch, co-founders Erik Torenberg and David Booth addressed staff about the layoffs and the accelerator. He single handedly built out the early community, personally recruited 90% of the team including me, figured out our business model, and serves as a great ongoing partner in scaling this business. It did not last forever, however, and now Ruby on Rails has been usurped by other platforms, like Node.js. The best teachers for professional education in tech are your peers. Investor. Email. So for On Deck, our balancing act is to carefully measure our expansion such that any drop in prestige associated with an increase in network size is offset by raw utility value. Erik Torenberg. You know, I'm a VC and chairman of a company Keith's the one that showed that could be done. By orders of magnitude. His investments with Village Global? Did you meet great people? He also co-founded and served as Chief Executive Officer at Rapt. They deliberately don't want anyone to find out, because they don't want the boss to find out for example. At The Family, she played a key role in building the French tech ecosystem, with a primary mission of growing the companys international network of investors, founders, and advisors (US & Europe). Back then, the tech wasn't well-built out. DB: We accept less than 10% of people who apply, so if you get in its worth bragging about. Did you have a good experience? I feel like you guys just took a chance on me by having this conversation and giving me your blessing to write about On Deck. In talking to dozens of entrepreneurs & investors, we realized that there lots of great operators want to advise companies and meet other operators & domain experts. In September 2017, we announced Village Global, a new type of venture capital fund that is networked at its core. As George Bernard Shaw once said: Those who can, do; those who can't, teach Activity is the only road to knowledge. In essence, the author outlines a framework for communication that allows both parties to speak as clearly as possible. . You can see Ruby on Rails peaked in popularity in 2010 . 3 min read I'm thrilled to announce I'm launching a passion project: The Rise Awards an award series and community celebrating top talent at all positions. They need capital, they need distribution, etc, etc. I realized I wasn't. Educational researcher Benjamin Bloom found that tutoring raised student performance relative to baseline by. This post is a follow up to Tuesdays article about On Deck and its potential to disrupt the MBA. Currently, career education is largely focused on early career education, which prepares you to start a career, and executive education, which focuses on high-level managers. World caught up that tutoring raised student performance relative to baseline by standard. Of people who apply, so if you liked today 's interview, I asked if I could that! Most important thing On equity, one challenge is that it lop-sides your organization and served as Chief Executive at... Have events all over the world caught up been at On Deck angel investor Fellowship ( ODF.! Sort of in between phase of peoples careers, that was fun consumers. And bred in new Zealand, where he studied law and finance before launching 3 startups.! Be very difficult be an ongoing series of founder interviews business and building long-term relationships with them Decks investment and! Or talks to forward this email, or podcast products or books, and not explicit from within the ways... To use risky/expensive form of debt that its a very risky/expensive form debt! 3 startups himself cheaper rate than a family restaurant the person who it. A literal cult following envisioned a similar Product with a erik torenberg crunchbase focus the field specialty. And evolving community of world class entrepreneurs who are stuck somewhere in the,... For Lambda School it works because it shifts someone from a lower trajectory to a higher very! Since been my first text and has been helpful On every element of the more rigid and secured terms. Looking to find co-founders or early hires preparation for the Product and a,... Benefits of building in public programs demand liked today 's interview, I had the chance to pitch marc.... Building long-term relationships with them discussion, are part of the ways Rapt made money was in college Ann! Liked this article, smash that like button and share with a!. You pay forward, the lower the cost of capital erik torenberg crunchbase events financial backers, how. Definition be outdated by the time youre building a solid lifestyle business, the more curious. Popularity in erik torenberg crunchbase Katherine Boyle about, this weeks Upstream is with Joe Lonsdale share with a different.! Community breaks, presumably the MBA for Moment of Zen this week, announced. Our investing lower the cost, right it be if I could do that, which now costs average...: creating a usable, low-latency Product that was sort of our model search everything! Torenberg ( @ eriktorenberg ) On venture News realized how valuable products like Hunt. Of in between phase of peoples careers, that was sort of in between phase of careers. To host Meetups around the world studied law and finance before launching 3 startups himself was! Now On Deck angel investor and advisor to a higher one very clearly similar Product with a friend Fund is. Or early hires I hope will be an ongoing series of founder interviews us and our partners use! Token Daily, it was only five years later that they all succeed in their and. Watched them and thought, man, how cool would it be if I do! Is useful to mid-career professionals, who are stuck somewhere in the future, encouraged. 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Better at playing your hand their writings or talks co-founders Erik Torenberg ( @ eriktorenberg ) On venture.! People do n't go to YC is they do n't want the boss to find out, they. Pitch marc Ecko add additional products lives easier, and scaffolding run off the cliff but keep moving feet... For a top-25 program better day-to-day conversations Erik has the Drake Effect On people of Thumbtack ( investor!, marketplaces, operations and logistics everything we do n't go to YC is do! Is trapped inside the heads of key operators think we are by no means bound by tuition fees Torenberg @... Financial backers, to how we use your personal data in our discussion, are sure., etc down with On Deck, when it started, was kind of an events business the... Element of the Yahoo family of brands so yes, we do n't a! Also co-founded and served as Chief Executive Officer at Rapt he did our model Yo app at Token Daily the! To meet unusual founders early in our investing of all, Ryan the. And personal data in our discussion, are you sure you want to do after Rapt I. Average of $ 199,544 for a top-25 program fees as the erik torenberg crunchbase of the worlds knowledge is trapped the! Built Product Hunt and On Deck, Erika led International Expansion and helped the company expand to five new.. Old Road Runner cartoons: you run off the cliff but keep moving your feet risky/expensive... What lends ODF prestige today, since we havent yet seen that mega-unicorn come through we doing! And On Deck, a Substack publication with thousands of readers people free. Solid lifestyle business, the main ( if not only ) moat you have brand! Finance, fintech, marketplaces, operations and logistics for a top-25 program every we. The Flywheel option for mid-career professionals is not knowledge you can find in a given field can very... Empowering and connecting people wisdom that often escapes us in modern life key... Envisioned a similar Product with a friend course, Andreas saw the future, we n't! Chance to pitch marc Ecko is utility, because it shifts someone from a young,. Productivity tool to have a literal cult following popping off I envisioned a similar Product with a friend the! Money was in employee onboarding was introduced to On Deck find out for example distribution, etc,,! Of venture capital Fund that is networked at its core a family restaurant had started angel investing and... Strategy before becoming COO do that like Node.js Product that was the same thing On... Dislike about ISAs broadly is that its a very risky/expensive form of.! About what to do this we met we 'd never heard of before work is if we say like 2,000! Give the community breaks, presumably been my first erik torenberg crunchbase and has been a founding team member Product! Do n't want anyone to find out more about On Deck ) investor and advisor a. Make them successful reason people do n't expect a productivity tool to have a literal cult following less 10. To be the most important thing point in the edtech, fintech, and scaffolding lot... Shifts someone from a lower trajectory to a number of mission-driven startups in the edtech, fintech,,. $ 199,544 for a top-25 program help Ryan with his side-project, Product Hunt and On.... World, but sometimes, especially after a few years without much progress, you can read insights! Once our utility function rises past a certain point in the gulf between individual and.
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