Dan Siroker

18 statements across 2 episodes · 12 bullish · 2 bearish · 1 people on the record · first statement Nov 8, 2023 by Dan Siroker · across every show →

On the record as a speaker too: Dan Siroker's record, appearances and statements → this page counts the times other people say the name.

Everything said about Dan Siroker, oldest first

Nov 8, 2023
Insight
Siroker: Investors Want Founders to Follow Instincts, Not Blindly Obey Advice
“They actually wouldn't want me to just blindly follow their point of view. They want to be heard. They want to know that their point of view matters, that I'm hearing it, but more than anything, they want to make sure that I'm following my gut. I'm making the …”
Dan Siroker Nov 8, 2023 ▶ 8:54 First Time Founders vs. Second Time Founders
Nov 8, 2023 negative
Insight
Siroker: Pre-PMF founders waste time coding instead of talking to users
“They can convince themselves that they're actually meaningfully moving toward product market fit by just sitting in the room and coding all day. Most of the time, that time is wasted. You know, it's not getting you any closer to the insights you need to buildi…”
Dan Siroker Nov 8, 2023 ▶ 6:49 First Time Founders vs. Second Time Founders
Nov 8, 2023 bullish
Disclosure
Siroker: Rewind holds six years of runway
“Yeah, and that's why we have six years of runway, and I hope to increase that, not decrease that over time, is I've learned that mistake, and, you know, it's great to raise money when you can.”
Dan Siroker Nov 8, 2023 ▶ 14:15 First Time Founders vs. Second Time Founders
Nov 8, 2023 negative
Assertion Not checkable as stated
Siroker: Early Google promoted engineers for technical sophistication over customer solutions
“When I was there early on, a lot of people valued. You got promoted by the sophistication of your technology, not by the problem it actually solves for a customer.”
Dan Siroker Nov 8, 2023 ▶ 18:35 First Time Founders vs. Second Time Founders
Nov 8, 2023
Assertion Partly supported
Siroker: Optimizely reached $120M ARR and 450 employees
“You know, I still, when I talk about optimizing, I like to say I reached a hundred twenty million in ARR and 450 employees.”
Dan Siroker Nov 8, 2023 ▶ 11:56 First Time Founders vs. Second Time Founders
Nov 8, 2023 positive
Insight
Siroker: Founders get better buy-in by sharing early, unpolished ideas
“Actually soliciting that input early in the process is way better than sort of coming down from Mount Sinai with these golden tablets of like, this is what we're going to do. Because both your own psychology is going to be a hindrance. And the people that just…”
Dan Siroker Nov 8, 2023 ▶ 21:14 First Time Founders vs. Second Time Founders
Nov 8, 2023 neutral
Insight
Siroker: Most Founder Effort Is Wasted; Success Relies on Getting 2-3 Things Right
“If I look back at the things that I did at Optimizely, my last company, the vast majority of my time and effort was wasted. What really mattered was like getting two or three things right. That ultimately led to our success.”
Dan Siroker Nov 8, 2023 ▶ 4:18 First Time Founders vs. Second Time Founders
Nov 8, 2023 positive
Insight
Siroker: Writing launch demo scripts before building forces founders to de-scope
“If you're forced to write that demo script before you start building, it makes you think about the use cases, the demos or that, that, that would demo nicely. And I think that clarifies, that focuses you back to the main thing. It focuses you on what actually …”
Dan Siroker Nov 8, 2023 ▶ 18:50 First Time Founders vs. Second Time Founders
Nov 8, 2023 positive
Opinion
Siroker: Rewind's 20-person team ships faster than Optimizely's 400
“We're a team of 20 at Rewind, and we're more productive. We ship faster than we ever did when I had a team of 400 at my last company.”
Dan Siroker Nov 8, 2023 ▶ 12:16 First Time Founders vs. Second Time Founders
Nov 8, 2023 positive
Insight
Siroker: Bootstrapped founders succeed because they must talk directly to users
“Again, a good reason why bootstrap founders probably are successful is they're not surrounded by these people. You know, you end up just, you're forced to talk to users because you probably haven't hired that customer support person, and you hear the pain from…”
Dan Siroker Nov 8, 2023 ▶ 15:18 First Time Founders vs. Second Time Founders
Nov 29, 2023 positive
Insight
Siroker: Public fundraising reveals true market price and best matches
“And I think that's really the value of being more public in your fundraise, It helps you cast a wider net, which then you ultimately find the perfect match, the perfect marriage, and you end up, I think really getting a sense for your market prices. That's the…”
Dan Siroker Nov 29, 2023 ▶ 11:02 How To Raise Capital Successfully with Dan Siroker
Nov 29, 2023
Assertion Not checkable as stated
Siroker: Rewind received 20 funding offers at $1B valuation or higher
“We had 20 offers at a billion dollars or more but 20 out of a thousand is pretty small.”
Dan Siroker Nov 29, 2023 ▶ 14:41 How To Raise Capital Successfully with Dan Siroker
Nov 29, 2023 positive
Assertion Supported
Siroker: Rewind raised Series A at $350M valuation with $700K ARR
“We raised it a three hundred fifty million dollar valuation with 700 K and ARR.”
Dan Siroker Nov 29, 2023 ▶ 3:25 How To Raise Capital Successfully with Dan Siroker
Nov 29, 2023 positive
Assertion Not checkable as stated
Siroker: Rewind's public pitch deck got over 1,000 investment offers
“We got well over you know, we got millions of views over a thousand offers to invest, many from really great investors, and I spent the next week in meetings with folks.”
Dan Siroker Nov 29, 2023 ▶ 2:34 How To Raise Capital Successfully with Dan Siroker
Nov 29, 2023 positive
Assertion Not checkable as stated
Siroker: Rewind has six years of runway to justify its valuation
“And because the good news is we have six years of runway. We've got plenty of time to live up to the big valuation.”
Dan Siroker Nov 29, 2023 ▶ 15:52 How To Raise Capital Successfully with Dan Siroker
Nov 29, 2023 positive
Insight
Siroker: Fear of copycats from public fundraising is overblown
“You know, it's true that since we did raise in public and we were successful, we've had some imitators and some copycats, but none of them really have affected us. You know, it was a little bit of like, oh, should I have Been so public about our success when I…”
Dan Siroker Nov 29, 2023 ▶ 11:24 How To Raise Capital Successfully with Dan Siroker
Nov 29, 2023 positive
Assertion Partly supported
Siroker: NEA has 15-year fund lifecycles and buys at IPO
“NEA is known to have 15 year fund life cycles as opposed to the traditional 10. Very often they're buyers at the IPO. They're not sellers.”
Dan Siroker Nov 29, 2023 ▶ 3:10 How To Raise Capital Successfully with Dan Siroker
Nov 29, 2023 positive
Insight
Siroker: Asking why a partnership failed uncovers hidden reference truths
“And usually when you ask somebody their first instinct, and you ask them in this hypothetical, you get to some truth that you might not otherwise get when you ask about strengths and weaknesses.”
Dan Siroker Nov 29, 2023 ▶ 6:35 How To Raise Capital Successfully with Dan Siroker
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