Your SlideShare is downloading. ×
SproutUp and Rypple
Upcoming SlideShare
Loading in...5

Thanks for flagging this SlideShare!

Oops! An error has occurred.

Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

SproutUp and Rypple


Published on

SproutUp group talks about Rypple

SproutUp group talks about Rypple

Published in: Business

  • Be the first to comment

  • Be the first to like this

No Downloads
Total Views
On Slideshare
From Embeds
Number of Embeds
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

No notes for slide


  • 1. story & stuff daniel debow SproutUp Oct.20.2010
  • 2. background my spiel startup v1 startup v2 useful stuff
  • 3. Daniel Debow Stanford LLM, UofT JD/MBA, Western BA(psych) Workbrain co-founder + VP, Corp Dev & Marketing Rypple co-founder + co-CEO Bass player & music lover New dad background/me
  • 4. David Stein McGill Comp Sci Workbrain co-founder, EVP, Chief Strategist Rypple co-founder + co-CEO Oenophile 2 boys background/my partner
  • 5. STARTUP V1 the workbrain era
  • 6. where it all started workbrain startup v1
  • 7. me & workbrain co-wrote the biz plan hired tons of people sales ops, marketing, corp dev went public & got us sold startup v1
  • 8. sold in 2007 for $227MM 97 89 57 34 17 0 4 2000 2002 2004 2006 revenue (US$ MM) startup v1 8
  • 9. wanted post-workbrain high growth, high margin businesses startup v2
  • 10. a business screen software enabled peer-production huge market change in channels startup v2
  • 11. a real problem not enough feedback at workbrain startup v2
  • 12. STARTUP V2 the founding of rypple
  • 13. 75% People hate performance reviews *Bersin Associates Research
  • 14. Proof of concept c-level buyin & quick adoption startup v2
  • 15. “Game changing management idea” startup v2
  • 16. Seed financing $5M+ edgestone, peter thiel, & angels fund product/market fit startup v2
  • 17. Early hires driven, smart, humble, fun general purpose initially, stars from workbrain startup v2
  • 18. Early users 1000’s of innovative tech & creative co’s startup v2
  • 19. Social software that makes feedback easy startup v2
  • 20. Series A $7M round lead by Bridgescale funds for scaling the machine startup v2
  • 21. LITTLE BITS OF SEMI-USEFUL ADVICE What I’ve learnt so far
  • 22. Caveat “Nobody knows nothing.” * William Goldman
  • 23. Know yourself passion ! hobbies find teachers & mentors risk sucks. love risk. useful stuff
  • 24. Starting don’t believe your bull$#!% talk to lots of people iterate useful stuff
  • 25. Partnerships diff. strengths + viewpoints = great decisions great b/s detector …it’s a marriage useful stuff
  • 26. People #1 job – build a killer team A-players from the beginning exit gracefully, but exit useful stuff
  • 27. Money dig your well before you need water build trust: create a market for you understand investors’ incentives useful stuff
  • 28. Culture is a competitive advantage takes time to gel we try: driven, smart, humble, fun useful stuff
  • 29. Metrics be data driven but, not too much Iterate on bigger changes useful stuff
  • 30. Product focus on bright spots be a relentless killing machine really know your customer useful stuff
  • 31. At work trust + transparency + autonomy = performance feedback-based learning culture the journey has to be fun useful stuff
  • 32. resources
  • 33. Useful? We’re hiring! Get in touch @ddebow