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He Started A Business That Sold For $2.5 Billion. Here's What He Learned | Blake Murray, Divvy CEO | I/O Pod Episode 11
Manage episode 421929364 series 3460025
Innhold levert av Sterling Snow and Tyler Hogge, Sterling Snow, and Tyler Hogge. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Sterling Snow and Tyler Hogge, Sterling Snow, and Tyler Hogge eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
When Blake Murray came up with the idea of Divvy, it was because he had a problem: he couldn’t get real-time data on the financial health of his business. So in 2016, Blake set out to find a solution and realized there was none. Blake spent the next several years building what would become one of the fastest-growing startups in history—a platform combining expense management software and a corporate card to help businesses of all sizes manage their finances.
Blake, along with Tyler and Sterling—Divvy’s SVP and CRO—break down why this startup was such a remarkable success: a world-class team, a world-class product and a performance culture that pushed Divvy and it’s people to the top.
Chapters:
01:38 - How Blake Knew Divvy Would Be A Big Idea
07:17 - The Insight: No Real-Time Financial Information For Businesses
09:20 - The Idea: Blake Lands A 7-Figure Deal With Only A Deck
14:15 - Sell, Design, Build: How Divvy Built First Then Sold To Solve GTM
24:30 - Hire Like-Minded People Instead of People Who’ve Done It (Culture vs Acumen)
37:00 - ’Nobody’s Coming, It’s Up To Us’. How To Do More With Less
42:27 - Founder Advice: Have A Short Memory
43:45 - Founder Advice: Build A Performance Culture
49:52 - Work-Life Balance Myth: Big Sacrifices Are Required for Asymmetric Upside
59:00 - Investor Advice: Founders Want Investors Who Will Be Loyal To Them
1:04:45 - Tyler and Sterling’s Recap
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Connect With Blake
https://www.linkedin.com/in/blake-murray-79655665
https://x.com/blakemur
Connect With Tyler & Sterling
Follow The I/O Podcast (New Episodes Monthly)
https://www.youtube.com/channel/UCayuY0VO95kQTUXJvh9T0oQ
https://podcasts.apple.com/us/podcast/the-investor-operator-io-podcast/id1678642609
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