Sam Corcos is the co-founder and CEO of Levels. He candidly discloses company retention metrics while discussing product challenges with Harry Stebbings.
“I mean, churn is still very high. It's like 25%. We have 25% retention, which is not what it needs to be for this to work in the long term.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Sam Corcos
AssertionNot checkable as stated
Levels shares meeting notes and performance reviews internally with all staff
“We share basically everything, including all of our one-on-ones and team meetings are all shared within the company. So you can see all of the one-on-ones between every other person at the company performance is shared within the pump within the company. So yo…”
Sam CorcosDec 11, 2023▶ 15:31Sam Corcos: Why Founders Should Take as Many VC Meetings as Possible | E1093 · 20VC with Harry Stebbings
Opinion
Corcos: Product management should play a much smaller role in tech
“Product management, broadly, should play a much less significant role than it does as a default in most software development companies.”
Sam CorcosDec 11, 2023▶ 1:18:14Sam Corcos: Why Founders Should Take as Many VC Meetings as Possible | E1093 · 20VC with Harry Stebbings
AssertionNot checkable as stated
Corcos: Hitchhiking is statistically not dangerous
“Hitchhiking is actually not dangerous.”
Sam CorcosDec 11, 2023▶ 5:56Sam Corcos: Why Founders Should Take as Many VC Meetings as Possible | E1093 · 20VC with Harry Stebbings
AssertionPartly supported
Levels publicly posts all investor updates and all-hands meetings
“We post all of our investor updates publicly online. All of our team, all hands are publicly posted online.”
Sam CorcosDec 11, 2023▶ 15:13Sam Corcos: Why Founders Should Take as Many VC Meetings as Possible | E1093 · 20VC with Harry Stebbings
Insight
Corcos: Founders Should Target Believer VCs Rather Than Convert Skeptics
“It's a little bit challenging because when you're fundraising, you're a prophet, not a missionary. You have the vision, and you're trying to get people who already get it. You're not trying to convert people to your religion.”
Sam CorcosDec 11, 2023▶ 0:05Sam Corcos: Why Founders Should Take as Many VC Meetings as Possible | E1093 · 20VC with Harry Stebbings
AssertionSupported
Corcos: Child stranger abductions are as rare as lightning strikes
“Say if you have a child, the odds that your child is kidnapped by a stranger Is about the same as them getting struck by lightning.”
Sam CorcosDec 11, 2023▶ 5:46Sam Corcos: Why Founders Should Take as Many VC Meetings as Possible | E1093 · 20VC with Harry Stebbings
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 1,200 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.