StyleSeat

14 statements across 1 episodes · 5 bullish · 0 bearish · 2 people on the record · first statement Mar 31, 2017 by Melody McCloskey · said 16 times in 4 episodes since 2016 · across every show →

Mentions by year

brought up most by Harry Stebbings (10), Melody McCloskey (5), Justin Caldbeck (1)

every mention, scene by scene, with the transcript →

Everything said about StyleSeat, oldest first

Mar 31, 2017
Assertion Supported
McCloskey hired StyleSeat's first engineer via equity-only Craigslist ad
“I found my first engineer by posting an ad on Craigslist and saying, I'm stealth company seeks engineer to build first version of product for equity, only no money. And believe it or not, that actually resulted in a fantastic engineer from Google who had made …”
Melody McCloskey Mar 31, 2017 ▶ 3:32 20VC: Why Every Founder Should Bootstrap Their Startup, How To Solve Information Asymmetry Between Founders and VCs & Living In A Cupboard For Two Years To Fund StyleSeat with Melody McCloskey, Founder & CEO @ StyleSeat
Mar 31, 2017
Insight
Melody McCloskey: Founders cannot survive long-term without loving a frenetic pace
“And so those constant challenges you have to love, because if you don't love that super frenetic pace, it's gonna, gonna kill you because it's incredibly, incredibly intense.”
Melody McCloskey Mar 31, 2017 ▶ 9:10 20VC: Why Every Founder Should Bootstrap Their Startup, How To Solve Information Asymmetry Between Founders and VCs & Living In A Cupboard For Two Years To Fund StyleSeat with Melody McCloskey, Founder & CEO @ StyleSeat
Mar 31, 2017
Disclosure
Melody McCloskey worked out of Travis Kalanick's house during StyleSeat's early days
“In the beginning, it was Garrett, and then I was working out of Travis's house three days a week for like a year, and then it became Jenny Lefcourt, who after, you know, as the needs have changed for the business, the, my mentors have changed.”
Melody McCloskey Mar 31, 2017 ▶ 21:49 20VC: Why Every Founder Should Bootstrap Their Startup, How To Solve Information Asymmetry Between Founders and VCs & Living In A Cupboard For Two Years To Fund StyleSeat with Melody McCloskey, Founder & CEO @ StyleSeat
Mar 31, 2017
Insight
McCloskey: Founders Should Gather Mass Advice From Peers Even If Ignored
“Getting to the next level, whatever problems you have to ask people and you have to ask a ton of people. You can ignore their advice, right? But just getting that information in those data points on this is how other really successful businesses have done it a…”
Melody McCloskey Mar 31, 2017 ▶ 7:45 20VC: Why Every Founder Should Bootstrap Their Startup, How To Solve Information Asymmetry Between Founders and VCs & Living In A Cupboard For Two Years To Fund StyleSeat with Melody McCloskey, Founder & CEO @ StyleSeat
Mar 31, 2017
Insight
Melody McCloskey: CEO longevity requires comfort with executive criticism and transparency
“And if you aren't really comfortable with that level of criticism and transparency, I think that can be challenging to stick around for the long run.”
Melody McCloskey Mar 31, 2017 ▶ 10:10 20VC: Why Every Founder Should Bootstrap Their Startup, How To Solve Information Asymmetry Between Founders and VCs & Living In A Cupboard For Two Years To Fund StyleSeat with Melody McCloskey, Founder & CEO @ StyleSeat
Mar 31, 2017
Disclosure
McCloskey lived in a closet paying $400 monthly rent to launch StyleSeat
“I saved a ton of money because I lived in, I think it was technically a closet in this home with a whole bunch of other roommates. I paid 400 dollars in rent and I did that for a couple of years and saved a little bit of, yes, saved a little bit of money”
Melody McCloskey Mar 31, 2017 ▶ 14:01 20VC: Why Every Founder Should Bootstrap Their Startup, How To Solve Information Asymmetry Between Founders and VCs & Living In A Cupboard For Two Years To Fund StyleSeat with Melody McCloskey, Founder & CEO @ StyleSeat
Mar 31, 2017 positive
Disclosure
Melody McCloskey: Garrett Camp and Travis Kalanick were StyleSeat's first angels
“Our first seed round, my very first, well, my first two advisors and angel investors were Garrett Camp and Travis Kalanick.”
Melody McCloskey Mar 31, 2017 ▶ 15:53 20VC: Why Every Founder Should Bootstrap Their Startup, How To Solve Information Asymmetry Between Founders and VCs & Living In A Cupboard For Two Years To Fund StyleSeat with Melody McCloskey, Founder & CEO @ StyleSeat
Mar 31, 2017 positive
Insight
McCloskey: Operating experience makes board members far more valuable than pure investors
“One of the big lessons that I've learned around what makes a good board member is having as much operation experience as you can, because investors can sort of say, well, here's what we've seen other companies do. Here are some trends and here's some data. And…”
Melody McCloskey Mar 31, 2017 ▶ 18:50 20VC: Why Every Founder Should Bootstrap Their Startup, How To Solve Information Asymmetry Between Founders and VCs & Living In A Cupboard For Two Years To Fund StyleSeat with Melody McCloskey, Founder & CEO @ StyleSeat
Mar 31, 2017 positive
Assertion Not checkable as stated
McCloskey: StyleSeat processed $1.6 billion in platform bookings in 2016
“Last year we did about 1.6 billion in bookings across the platform.”
Melody McCloskey Mar 31, 2017 ▶ 23:14 20VC: Why Every Founder Should Bootstrap Their Startup, How To Solve Information Asymmetry Between Founders and VCs & Living In A Cupboard For Two Years To Fund StyleSeat with Melody McCloskey, Founder & CEO @ StyleSeat
Mar 31, 2017
Assertion Supported
StyleSeat Raised Over $40 Million From Sequoia, Sacca, and Other VCs
“They've raised over forty million in challenging funding conditions from some of the true greats of the business, Including Alfred Lynn at Sequoia, Chris Sacker, Jeff Clavier, Eileen Lee, Lightspeed, the list goes on.”
Harry Stebbings Mar 31, 2017 ▶ 0:20 20VC: Why Every Founder Should Bootstrap Their Startup, How To Solve Information Asymmetry Between Founders and VCs & Living In A Cupboard For Two Years To Fund StyleSeat with Melody McCloskey, Founder & CEO @ StyleSeat
Mar 31, 2017
Assertion Partly supported
StyleSeat Is Largest Marketplace in $78 Billion Beauty Industry
“Melody McCloskey, founder and CEO at StyleSeat, the largest and fastest growing marketplace in the seventy-eight billion beauty and wellness industry.”
Harry Stebbings Mar 31, 2017 ▶ 0:11 20VC: Why Every Founder Should Bootstrap Their Startup, How To Solve Information Asymmetry Between Founders and VCs & Living In A Cupboard For Two Years To Fund StyleSeat with Melody McCloskey, Founder & CEO @ StyleSeat
Mar 31, 2017 bullish
Prediction Not checkable as stated
McCloskey predicted StyleSeat would reach profitability by 2018
“And I think, you know, we're going to be profitable in the next year.”
Melody McCloskey Mar 31, 2017 ▶ 23:36 20VC: Why Every Founder Should Bootstrap Their Startup, How To Solve Information Asymmetry Between Founders and VCs & Living In A Cupboard For Two Years To Fund StyleSeat with Melody McCloskey, Founder & CEO @ StyleSeat
Mar 31, 2017 positive
Opinion
McCloskey: Every founder should bootstrap their startup
“I think everyone should bootstrap because especially in boom times, I mean, a couple of years ago we had pretty significant boom times.”
Melody McCloskey Mar 31, 2017 ▶ 13:27 20VC: Why Every Founder Should Bootstrap Their Startup, How To Solve Information Asymmetry Between Founders and VCs & Living In A Cupboard For Two Years To Fund StyleSeat with Melody McCloskey, Founder & CEO @ StyleSeat
Mar 31, 2017
Insight
McCloskey: Founders must transition from doers to leaders after year two
“But after that first year or two, you have to take a completely different type of approach to running and building your business, which is not having all the answers and not being the person to go do it. You turn from a doer to someone who needs to empower the…”
Melody McCloskey Mar 31, 2017 ▶ 5:28 20VC: Why Every Founder Should Bootstrap Their Startup, How To Solve Information Asymmetry Between Founders and VCs & Living In A Cupboard For Two Years To Fund StyleSeat with Melody McCloskey, Founder & CEO @ StyleSeat
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