Alex Rinke

9 statements across 2 episodes · 1 bullish · 1 bearish · 1 people on the record · first statement Aug 13, 2020 by Alex Rinke · across every show →

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

Everything said about Alex Rinke, oldest first

Aug 13, 2020 neutral
Insight
Product roadmaps should strictly prioritize features that accelerate time to value
“I think the only thing you should think about and you should be extremely fisa about prioritizing your product roadmap should be what accelerates time to value.”
Alex Rinke Aug 13, 2020 ▶ 35:35 Fireside Chat: Alex Rinke (Founder & CEO, Celonis) with Matt Turck (Partner, FirstMark)
Aug 13, 2020
Disclosure
Celonis bootstrapped without outside capital for its first five years
“So, so actually we didn't raise money for half a decade. We raised three hundred sixty million or sixty-seven million cents. The first, so the company has been around for nine years, and the first five years we didn't raise a cent.”
Alex Rinke Aug 13, 2020 ▶ 4:20 Fireside Chat: Alex Rinke (Founder & CEO, Celonis) with Matt Turck (Partner, FirstMark)
Aug 13, 2020 neutral
Insight
Enterprise startups often underprice their software, ruining their sales unit economics
“I think a lot of entrepreneurs, if they sell to the enterprise, underestimate the effort of selling to the enterprise and end up selling their products so cheap so that the sales process is so cumbersome that you can't really invest into it.”
Alex Rinke Aug 13, 2020 ▶ 32:17 Fireside Chat: Alex Rinke (Founder & CEO, Celonis) with Matt Turck (Partner, FirstMark)
Aug 13, 2020
Disclosure
Alex Rinke didn't know what SAP was when he co-founded Celonis
“Before we started Salonis, even when we started Salonis, like the day we started the company, I didn't know what SAP was.”
Alex Rinke Aug 13, 2020 ▶ 7:41 Fireside Chat: Alex Rinke (Founder & CEO, Celonis) with Matt Turck (Partner, FirstMark)
Feb 8, 2024 positive
Insight
Rinke: Experienced tech leaders often agree to mentor founders via cold email
“You wouldn't believe like what kind of people you just email. Hey, can you get on a call with me to, you know, to, you know, I'm trying to do the startup and, you know, I want to learn something that actually are going to mentor you and help you.”
Alex Rinke Feb 8, 2024 ▶ 33:28 Bootstrapping a Decacorn on $15k with Celonis CEO Alex Rinke
Feb 8, 2024 negative
Insight
Alex Rinke: Hiring a large sales force is not a GTM strategy
“Just hiring a lot of salespeople, right? It's not a go-to-market strategy. And that's what a lot of startups did, right? Hey, we have just got a hundred million dollars in funding. We're going to hire tons of salespeople. They know how to do this. Good luck. T…”
Alex Rinke Feb 8, 2024 ▶ 29:42 Bootstrapping a Decacorn on $15k with Celonis CEO Alex Rinke
Feb 8, 2024
Assertion Partly supported
Alex Rinke: Celonis raised only $15,000 during its first six years
“We had no funding, right, so for the first six years we had All the funding we had was 15,000 US dollars.”
Alex Rinke Feb 8, 2024 ▶ 6:58 Bootstrapping a Decacorn on $15k with Celonis CEO Alex Rinke
Feb 8, 2024
Insight
Alex Rinke: Enterprise founders must personally sell their first $2 million
“If you didn't sell the first million or two in revenue yourself, Don't expect anybody else to do it, right?”
Alex Rinke Feb 8, 2024 ▶ 30:54 Bootstrapping a Decacorn on $15k with Celonis CEO Alex Rinke
Feb 8, 2024 neutral
Disclosure
Advisors urged Alex Rinke to rebrand Celonis to an AI domain
“There was literally people telling me, like, you need to get rid of solonis.com, you need to call it solonis.ai, right?”
Alex Rinke Feb 8, 2024 ▶ 26:16 Bootstrapping a Decacorn on $15k with Celonis CEO Alex Rinke
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