Ryan Dennehy

8 statements across 2 episodes · 2 bullish · 0 bearish · 2 people on the record · first statement Mar 4, 2019 by Jeff Richards · said 5 times in 1 episodes since 2019 · across every show →

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brought up most by Jeff Richards (5)

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Everything said about Ryan Dennehy, oldest first

Mar 4, 2019
Disclosure
GGV offered to lead Electric.ai's Series A but lost to Bessemer
“We actually met Ryan in the Series A. We offered lead the Series A, and he Politely chose Bessemer Venture Partners.”
Jeff Richards Mar 4, 2019 ▶ 33:42 20VC: The Transition From Founder To CEO, How To Determine When To Stretch On Price in Venture & The Benefits of Attribution for Partnership Dynamics with Jeff Richards, Managing Partner @ GGV Capital
Nov 8, 2019 bullish
Prediction Didn’t hold up
Denehy: Electric will reach $100M ARR within five years
“Envision us as a de facto market leader. You know, this is a hundred million plus AR business, strong public market fundamentals, world-class leadership team, and probably still the coolest swag in the game.”
Ryan Denehy Nov 8, 2019 ▶ 33:45 20VC: Why Pre-Product Market Fit Is About Systems Design Not Engineering, The Right Way For Leaders To Approach Wartime Leadership Today & A Guide To Recruitment Forward Planning with Ryan Denehy, Founder & CEO @ Electric
Nov 8, 2019
Insight
Denehy: Pre-product market fit is about solution design, not custom engineering
“So when you're pre-product market fit, you generally don't get bonus points for building things from scratch. So really that Pre-product market fit stage has more to do with solution design than it does with engineering, or at least it should.”
Ryan Denehy Nov 8, 2019 ▶ 8:54 20VC: Why Pre-Product Market Fit Is About Systems Design Not Engineering, The Right Way For Leaders To Approach Wartime Leadership Today & A Guide To Recruitment Forward Planning with Ryan Denehy, Founder & CEO @ Electric
Nov 8, 2019
Insight
Denehy: Founders must start executive hiring before fundraising rounds
“You've got to start ahead of the fundraise and ahead of that next inflection point, because you're going to find yourself having been caught flat footed and needing to execute on a plan that you just simply don't have the People and leadership to do.”
Ryan Denehy Nov 8, 2019 ▶ 26:08 20VC: Why Pre-Product Market Fit Is About Systems Design Not Engineering, The Right Way For Leaders To Approach Wartime Leadership Today & A Guide To Recruitment Forward Planning with Ryan Denehy, Founder & CEO @ Electric
Nov 8, 2019
Insight
Denehy: Zero technical debt means an engineering team lacks leverage
“I think most good engineering teams sort of look at technical debt like a credit card, right? You know, a balance of zero means you're probably not leveraging it enough. And if you owe Amex a 150,000 dollars, that's probably not good either.”
Ryan Denehy Nov 8, 2019 ▶ 9:27 20VC: Why Pre-Product Market Fit Is About Systems Design Not Engineering, The Right Way For Leaders To Approach Wartime Leadership Today & A Guide To Recruitment Forward Planning with Ryan Denehy, Founder & CEO @ Electric
Nov 8, 2019
Insight
Denehy: VP hiring takes up to six months, requiring early recruiting
“And this is something even, even with electric, I completely underestimated in our early days and didn't get right, but it's going to take three to six months to hire a VP level or above person. Sometimes you'll get lucky, you'll hire him faster, but for the m…”
Ryan Denehy Nov 8, 2019 ▶ 25:01 20VC: Why Pre-Product Market Fit Is About Systems Design Not Engineering, The Right Way For Leaders To Approach Wartime Leadership Today & A Guide To Recruitment Forward Planning with Ryan Denehy, Founder & CEO @ Electric
Nov 8, 2019 positive
Assertion Not checkable as stated
Denehy: Swarm sold its lousy $100 Wi-Fi sensor MVP to 100 customers
“And then we were able to, you know, we were able to sell that product to probably, I think, our first 50 or a hundred customers. It was a lousy product, but it was good enough for the early adopters to see what we were trying to do and prove that there was a b…”
Ryan Denehy Nov 8, 2019 ▶ 11:40 20VC: Why Pre-Product Market Fit Is About Systems Design Not Engineering, The Right Way For Leaders To Approach Wartime Leadership Today & A Guide To Recruitment Forward Planning with Ryan Denehy, Founder & CEO @ Electric
Nov 8, 2019
Insight
Denehy: Scaling past $10M revenue requires processes and experienced leadership
“Your first five to ten million in revenue can come from a lot of individual heroics, but beyond that, you need really scalable processes and teams with bench depth and predictability with respect to the outcomes they're driving, and so you'll never get there i…”
Ryan Denehy Nov 8, 2019 ▶ 24:44 20VC: Why Pre-Product Market Fit Is About Systems Design Not Engineering, The Right Way For Leaders To Approach Wartime Leadership Today & A Guide To Recruitment Forward Planning with Ryan Denehy, Founder & CEO @ Electric
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