Key Points and Insights:
3:09 –
Rand Fishkin shares some insights from his new book “Lost and Founder”
6:55 – The new forms of funding for start ups like bootstrapping and crowdfunding (which have been more recent evolutions)
13:22 – The definition of “success” for venture capitalists
17:07 – When venture capital actually makes sense for businesses
21:34 – The story that Seth Godin shares about his experience meeting Sergey in his podcast Akimbo — and how that story illustrates the importance of organic growth
27:20 – The importance of organisational culture in building a sustainable business. Google’s culture vs Facebook’s culture
29:20 – A glimpse into some stories shared in Lost and Founder
36:40 – Rand and Ash discuss the biggest challenges people face when it comes to growing organically, and how to overcome them
37:26 – Rand talks about heuristic bias and how it influences our influence our approach to business