Ben Stancil
Founder & CEO, Mode Analytics. On 1 show, 1 appearance. The Shows tab opens the full record on each.
Benn Stancil is the founder and CEO of Mode Analytics. He guided the company through multiple funding rounds up to a Series D following an earlier acquisition at Yammer.
1shows
1appearances
13statements
1resolved
1supported
0contradicted
100%fully supported
Everything Ben Stancil said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Stancil: Investors consistently override investment formulas when sold
“There will be some formula to how they decide to invest, but they will consistently override it if they want to. Like they can be sold just the same as everybody else.”
Stancil: Mode will sacrifice business growth to hire diverse teams
“And so hiring a more diverse team is more effort. It takes time. It is more expensive. But if you value that, then great. And like we do, and that is a thing that I'm willing to say Moog will sacrifice some growth as a business to be able to do that.”
Stancil: Series A is hardest round due to idea-to-business shift
“In all of this, I think that the A was probably the hardest for a couple reasons. I think it is the transition from An idea to a business. That is the point at which you have to start showing, like you have customers that are happy, you are growing, your reven…”
Stancil: Upfront standardized metrics preserve narrative control in fundraising
“If we didn't give them stuff up front, what we would be concerned about was, well, they're going to come back and say, we care about
ARR computed in this way, compute it in a specific way for us, which one is bad because that's just a lot of extra work. If you…”
Stancil: Early-stage VC pitches require a path to $100M revenue
“In order to raise that money, you have to pitch a story of like, how are you going to get this thing to a hundred million dollars in revenues? Like kind of the generic, you go raise a C round, an A round. One of the things that people might ask is like, what's…”
Stancil: VC-backed growth creates a cycle forcing continuous fundraising
“Once those motions start to move in that direction, like it's a difficult train to stop because you start to hire people with that plan to hire those people. You have to hit revenue targets, you better hire more people from like sales and marketing. As you hav…”
Stancil: Founders should maintain board control as long as possible
“It's generally good to control the board as long as you can. So, you know, if you have, control it with either founders or friendlies.”
Stancil: Everything in investor term sheets is negotiable
“Anytime investors give you term sheets, sort of everything is negotiable. There are standard kind of boilerplate term sheets that are, you know, this is the types of shares they get. These are the voting rights they get. These are their pro rata rights, all th…”
Stancil: Founders should not treat their board as bosses needing permission
“It is worth in those times, like kind of remembering, this is still your company. You are still in charge. That just because someone came in and gave you some money and is your boss in the sense that the CEO reports to the board, they're not your boss in the s…”
Stancil: Shared fundraising adversity brings founding teams closer together
“There is something to that that I do not look back at fondly, but I look back and saying that it, like, probably brought a lot of the Team and particularly, I think the founding group more close together because you're going through these kinds of experiences …”
Mode Analytics raised $500k initial seed round from Yammer network
“So, so we basically raised a seed round of roughly like half a million dollars or so from folks that were coming out of that acquisition or people we had built connections to through that. And that was essentially on top of a pitch deck of saying, hey, these a…”
Stancil: Founders should reference-check VCs on how they handle crises
“It's also very helpful to do references on investors. And that, that mostly goes from talking to other, other companies that have had those investors on their board and getting a sense of what happened. How did those investors treat those companies in certain …”
One line per show, most statements first. The link opens Ben's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
 WE LIVE TO BUILDLEDGER | Founder & CEO, Mode Analytics | 1 | 13 | 100% 1/1 | full record on We Live to Build → |