Leah Solivan

17 statements across 2 episodes · 4 bullish · 3 bearish · 1 people on the record · first statement Jul 11, 2022 by Leah Solivan · across every show →

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

Everything said about Leah Solivan, oldest first

Jul 11, 2022 neutral
Assertion Supported
Solivan: TaskRabbit laid off around 20% of its 80-person staff in 2013
“So it ended up being about 20% of the team. At that point, we were probably 80 people, and so it was under 20 people that we transitioned out.”
Leah Solivan Jul 11, 2022 ▶ 1:02:22 TaskRabbit: Leah Solivan
Jul 11, 2022 positive
Assertion Not checkable as stated
Solivan: First pivotal advisor reached for TaskRabbit was Zipcar CEO Scott Griffith
“The first person that was sort of pivotal that I reached out to was Scott Griffith, who was running Zipcar.”
Leah Solivan Jul 11, 2022 ▶ 18:58 TaskRabbit: Leah Solivan
Jul 11, 2022 negative
Assertion Not checkable as stated
Solivan: Received a two out of ten on first fbFund pitch
“So day one, they get us to stand up, introduce ourselves to And give our 32nd pitch. And they, it's like 20 companies. And then we get rated on how well we did on day one. Out of 10. I got like a two.”
Leah Solivan Jul 11, 2022 ▶ 41:19 TaskRabbit: Leah Solivan
Jul 11, 2022
Assertion Not checkable as stated
Solivan: TaskRabbit was burning probably over $1M monthly in 2012
“I mean, at that point, I think we were burning probably over a million dollars a month.”
Leah Solivan Jul 11, 2022 ▶ 1:01:39 TaskRabbit: Leah Solivan
Jul 11, 2022 positive
Opinion
Solivan: Boston's DIY culture hindered TaskRabbit, requiring a San Francisco move
“I think the culture of Bostonians is a very do-it-yourself mentality. And so that was some friction for this type of service, and I felt like if we could just get to San Francisco, where, you know, it's the tech company capital of the world, like, this is the …”
Leah Solivan Jul 11, 2022 ▶ 46:55 TaskRabbit: Leah Solivan
Jul 11, 2022 negative
Insight
Solivan: TaskRabbit Hired an External CEO Too Early to Scale
“I think when I look back, it was more about timing because the business was too early. To bring in someone that was a step away from the core vision, and the business still needed me to really drive the momentum forward. He was brought into scale. It was too e…”
Leah Solivan Jul 11, 2022 ▶ 54:49 TaskRabbit: Leah Solivan
Jul 11, 2022
Assertion Supported
Solivan: Bought RunMyErrand.com on GoDaddy for $6.99 on the spot
“I typed into my iPhone into GoDaddy, runmyerrant.com, and the domain name was available for six 99. So I bought it on the spot,”
Leah Solivan Jul 11, 2022 ▶ 13:34 TaskRabbit: Leah Solivan
Jul 11, 2022
Disclosure
Leah Solivan disengages from problems others can solve just as well
“I only like to work on problems that I feel like I can uniquely solve. And if I feel like there's someone else who can also do it and do it just as well, like, I become very disengaged and very bored and uninterested in working on it”
Leah Solivan Jul 11, 2022 ▶ 9:24 TaskRabbit: Leah Solivan
Jul 11, 2022 positive
Assertion Supported
Tim Ferriss became RunMyErrand advisor and made introductions to Floodgate and Baseline
“And I asked him to be an advisor. And on the spot, he says yes. And he says, and I want to introduce you to my good friends that are investors, Ann Miraco at Floodgate, and Steve Anderson at Baseline Ventures.”
Leah Solivan Jul 11, 2022 ▶ 45:56 TaskRabbit: Leah Solivan
Jul 11, 2022
Disclosure
Solivan: Cashed out $27,000 IBM pension to fund RunMyErrand
“So I had 27,000 dollars in my IBM pension program that, you know, we could withdraw with a penalty because it was your retirement. But I was like, whatever, let's just withdraw this money. And so I gave myself like six months to make something happen.”
Leah Solivan Jul 11, 2022 ▶ 28:33 TaskRabbit: Leah Solivan
Jul 11, 2022 positive
Assertion Not checkable as stated
Solivan: 2008 Crisis Flooded TaskRabbit With Laid-Off Professionals Seeking Errand Work
“It was overwhelming. And the, I mean, the skill sets, and the talent, and these people were educated, and they'd gone to college, they were pharmacists, they were lawyers, they were teachers, they were being laid off. And they were looking for new ways to make…”
Leah Solivan Jul 11, 2022 ▶ 32:58 TaskRabbit: Leah Solivan
Jul 11, 2022 neutral
Assertion Supported
Solivan: RunMyErrand closed a $50K angel tranche in March 2009
“And the investors say, let's start with 50 K. We'll give you 50 K. Let's see how you do. So we start with 50 K. That was March in 2009.”
Leah Solivan Jul 11, 2022 ▶ 37:02 TaskRabbit: Leah Solivan
Jul 11, 2022
Disclosure
Solivan: Did early TaskRabbit errands personally on a scooter
“I ended up being the one doing a lot of the early jobs. I had this little scooter that I rode around Boston, a Charlestown area, and I would do a lot of the early jobs myself, and so I would then get, like, first-hand knowledge of what it was like to be A task…”
Leah Solivan Jul 11, 2022 ▶ 27:19 TaskRabbit: Leah Solivan
Jul 11, 2022
Assertion Not checkable as stated
Solivan onboarded the first 30 RunMyErrand runners via in-person interviews
“Yeah, I met everyone face-to-face to start, because I was terrified that, you know, there was going to be a trust and safety issue early on. And so I met them all at Zumi's Coffee Shop, thirty-minute interviews, and I brought on 30 of them to start the site.”
Leah Solivan Jul 11, 2022 ▶ 24:18 TaskRabbit: Leah Solivan
Sep 12, 2024 negative
Opinion
Solivan: Public education is too slow and underfunded for venture capital
“From a venture investor standpoint, which is where my brain works you know, the industry is so fragmented it's slow, it's underfunded and there's not a lot of room, you know, to innovate.”
Leah Solivan Sep 12, 2024 ▶ 38:04 Advice Line with Leah Solivan of Taskrabbit
Sep 12, 2024
Insight
Solivan: Evaluating new startup ideas depends on timing, technology, and TAM
“Having experience now as an investor and having talked to hundreds, if not thousands of entrepreneurs, I really think it comes down to three things. Timing, technology, And TAM, the three T's.”
Leah Solivan Sep 12, 2024 ▶ 2:52 Advice Line with Leah Solivan of Taskrabbit
Sep 12, 2024
Insight
Solivan: Founders must pitch broad visions but execute on narrow wedges
“I think as a founder, you have so many ideas, you see all the possibilities, and really, you have to pitch all of those possibilities to kind of bring people in and inspire them and get the company off the ground, but when it comes down to execution and custom…”
Leah Solivan Sep 12, 2024 ▶ 46:16 Advice Line with Leah Solivan of Taskrabbit
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