anthemos georgiades net worth

For us, I think they fully understand the entrepreneurial journey and were really excited to have them on board. rex harrison audrey hepburn relationship. How do you scale like 20 million in revenue to 200 million in revenue and we didnt need the more product set investors because we already have fantastic people at that. Based in San Francisco, Anth leads the company in its mission to make renting an apartment as easy as booking a hotel. And then now your job at five, six years in with a team of a hundred with higher and amazing executive team who are all better at doing their jobs than you would ever be and so your job is almost as a CEO is to like hire yourself out of a job where you hire people, where you look at them and you think, Wow, I cant believe you report to me. He had actually interviewed me for a job at a different consulting firm and we stayed in touch. They were super lean team of under five people and its been a great deal for Zumper like we have one backend, one sales team and then two consumer platforms. Saying that, in the early days you kind of need to bring on all the capital that you can. A lot of it was completely bottom up. Anthemos Georgiades: Yeah. But I guess you were saying then here the shift, kind of like shifted more from like growth of users perhaps retention to more kind of like deep revenue growth. So I guess lets say we had the opportunity to put you in front of your younger self, Anthemos, in 2012 before you were to close that seed round, what would be that piece of advice that you would give to your younger self with everything that youve learned having this journey ahead of you? It seemed crazy that the real estate industry wasnt moving towards on demand. The company was incorporated in California, Texas, and Florida ten years ago. See How I Can Help You With Your Fundraising Efforts. For every successful fundraise, every single company have a lot of nos. I was really impressed when because its not hard, its almost impossible to land VC such as Kleiner Perkins on literally your first financing round, the seed round. Yeah. Everyone in Boston, everyone in New York were straight nos and [25:15] didnt get second meetings but then a month later we came to Silicon Valley and we found a much better product market set for the kind of investor who was prepared to come early and invest early and we got a lot of yeses very quickly. And so just be prepared that however smart, however many smart people have looked the deal and thought about whether it will work, it always take a little bit more time than you think it will to integrate because theres always some gremlin kind of hiding in the works that youre going to find. I grew up in London. So our CFO is fantastic and what he was able to bring to the series C was real credibility where I meet the investors, get them excited about our vision and our story and then they spend hours with the CFO on the second or third meeting digesting our historical financial as were talking about where were headed. And so just be prepared that however smart, however many smart people have looked the deal and thought about whether it will work, it always take a little bit more time than you think it will to integrate because theres always some gremlin kind of hiding in the works that youre going to find. So Ill read it if anyone tweets anything interesting or if I can be helpful in anyway. At the end of the day though, whether its senior people, junior people, interns who we want to bring back is all under pinned by culture. Alejandro: Really, really nice to have you here and excited for the chat that we have ahead here. And at one point I just told one I just feel like I want to step on the egg and shoot the chicken because it was so repetitive. So watching board members from the early investments are [19:38] who now runs Good Water but was originally Kleiner and then Eric [19:42] from Kleiner and theyre both experts at product market set. anthemos georgiades net worth Got it. Absolutely. Its a Greek name, British accent. At series A, you got to show product market set in a sub vertical. So I guess lets say we had the opportunity to put you in front of your younger self, Anthemos, in 2012 before you were to close that seed round, what would be that piece of advice that you would give to your younger self with everything that youve learned having this journey ahead of you? @zumper Stories Uncategorized They take every, some people go and warm theirif you have a brilliant idea, theyd be crazy not to take it and then their entire value is obviously give you a three month program and then at the end expose you to liek 40 investors. Were incredibly grateful for everything she did and she remains kind of shareholder in the company. Theyre both incredibly smart as are my executive team who are also like critical to fundraise where Ill go in and sell the vision often alone. Shalin Amin Chief Experience Officer. And your cap table I mean as I was reviewing I just felt as I was looking at the Oscars of Silicon Valley, the red carpet. So I guess for those listeners that are looking at acquiring other companies to perhaps grow a little bit faster, what kind of advice would you give to them? Two sided marketplaces are so difficult. So for the business, Anthemos, how much capital have you guys raised today? Like what have you seen that really works? [06:54] the early days and it worked where there was just all hands to the pump. Taylor Glass-Moore Co-Founder. Its hard. You are going to get a bunch of nos so I wouldnt rule people out too early. At series A, you got to show product market set in a sub vertical. Anthemos Georgiades: Yes, weve raised $90 million in capital including a series C that we just closed three months ago. We both had ideas to be entrepreneurs but neither of us have the guts to actually go for it. Member profile: Zumper's founders - Anthemos Georgiades and Russell You shameless have to mine your network and I think all CEOs and entrepreneurs have to find that edge of how did they meet one of these investors, how did they meet someone that knows them. Got it. June 12, 2022 . And frankly, the process is a pain in the ass. So cofounders are difficult especially if youre not technical as really hard to find a good technical cofounder but the great thing is once you do and it takes a long time, they are able to attract the next generation of talent in to the company and thats how you kind of build your engineering team out. But oh we must have had like 20 persons or 20 people say not now or later. And as you know as and your listeners know, youre going to get a lot of nos on the way. So what I wanted to ask you here is in terms of on boarding lets say this type of, because its a different beast, you know type of investors so how does the approach from evaluating an investor that is a VC, an angel or an angel group shift towards evaluating a potential strategic corporation that is looking to become part of your cap table? Ill set the first couple of meetings often alone but its been wonderful as weve grown our executive team to be able to bring like our VP of sales, our head of grow, our CPO in to the meetings afterwards when they want to meet the team. Think Masterclass for Management. Thats just part of the game. To give you odds, at the seed stage and the series A stage of growth cuts, all about supply side where a two sided marketplace chicken an egg, on day zero you have no renters and no landlords, how do you solve that? Likewise. How to tell a story worth $140 million dollars - Funded Podcast So I think as your company matures, you look for investors that have something that you dont have and so for us, were not yet doing $100 million in revenue. So we want to be the first ever kind of full stack rental platform for long term leases and we monetize that two ways. Anthemos Georgiades: So Zumper is the vision for the company is to make renting an apartment as easy as booking a hotel. Yeah. Prior to his work at Zumper, Georgiades worked at the Boston . Thats your job. It is ultimately the culture. So seed, series A, series B, series C, I was always the point person in the fundraise. So we solved it to the first two years purely by getting landlords on board through various kind of product strategy and so our growth cuts for the first two years that we raised the [27:41] were purely about landlords and listing. Its hard. Anthemos Georgiades. If you want me to do your fundraising for you, click here. Alejandro: Got it. And were they like obviously now youre opening here the cap table to a different breed and I guess when that happen probably at a strategic level lets say from a board perspective or something you know, maybe you receive some type of recommendations whether it was with this corporation or with other corporations as to what perhaps to look for and what to avoid. Theres never like an exact number you need like when Uber raised money or you know Zillow raised money, theres never like a number they have to be at. Your job is to raise capital and your job is to kind of hire and retain the best talents. You start to build depth and management structures. That is where your focus is and even though you kind of missed doing some of the stuff and the weeds and my team continue to tell me to get away from the weed and continue to [36:12] the 50,000 set, you have to let it go and trust your team to do a better job than you were doing. Yeah. Oh wow, good question. She was our original CPO and after the series A, she moved on to roller, another company and we promoted someone internally to CPO. So you still have to land it and once youre on the door it doesnt matter where you come from you have to have something good. Because I speak with a ton of founders that are perhaps opening up the possibility of bringing on corporations and I think that you need to really do it right. In terms of the dynamics, I think in the early days, you kind of through osmosis graduate towards like the things that are important. I was also doing, Ive been doing marketplaces for I think like 10 years now and I remember in the last company, I would go and meet with investors and they kept asking me for the chicken and the egg. Anthemos Georgiades: Yeah. After that, it changed to more consumer. The other large investor in this round [20:05] scale so once you have product market set, how do you scale that? Over time, its great to be able to bring in your team. I was also doing, Ive been doing marketplaces for I think like 10 years now and I remember in the last company, I would go and meet with investors and they kept asking me for the chicken and the egg. Got it. At scale you get to do that and have those teams. I really enjoyed it and great stuff. He runs all the background of operation and he came from the real estate industry, two completely different background and neither of them was an obvious pick when I started the company at grad school. I mean your job moves from doing jobs in the first few years. Its a Greek name, British accent. 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