Andres Bilbao

11 statements across 1 episodes · 3 bullish · 2 bearish · 1 people on the record · first statement Sep 16, 2024 by Andres Bilbao · across every show →

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

Everything said about Andres Bilbao, oldest first

Sep 16, 2024 positive
Insight
Bilbao: Reasonable founders build reasonable businesses, but outlier outcomes require craziness
“Dude, I always look for people who are crazy because if you're not like a reasonable person builds reasonable businesses and you're looking for an unreasonable outcome, so you can't go with reasonable.”
Andres Bilbao Sep 16, 2024 ▶ 26:05 He took on Uber & grew Rappi to $5B—here’s why the craziest founders often win. | Andres Bilbao, ... · PMF Show
Sep 16, 2024 negative
Opinion
Bilbao: Rappi took on excessive equity dilution during early fundraising rounds
“Yeah, but there was way too much dilution. There's stuff that we could have done a lot better. ... But like step, but like order of magnitude optimizations that we could have done.”
Andres Bilbao Sep 16, 2024 ▶ 51:34 He took on Uber & grew Rappi to $5B—here’s why the craziest founders often win. | Andres Bilbao, ... · PMF Show
Sep 16, 2024 neutral
Disclosure
Bilbao: Rappi's first dispatch algorithm broadcast orders to all nearby couriers
“The first algorithm, you would literally take all the couriers within like a mile radius and show everyone the order. And they'd be refreshing the thing all day, every day, trying to get the order. And we call it the finger wars.”
Andres Bilbao Sep 16, 2024 ▶ 12:24 He took on Uber & grew Rappi to $5B—here’s why the craziest founders often win. | Andres Bilbao, ... · PMF Show
Sep 16, 2024
Insight
Bilbao: PMF is about enabling the impossible, not just better
“My understanding, my current understanding of product market fit Is doing something or providing a service or as a user achieving something that before you could not do. It's not about better. It's about impossible.”
Andres Bilbao Sep 16, 2024 ▶ 8:03 He took on Uber & grew Rappi to $5B—here’s why the craziest founders often win. | Andres Bilbao, ... · PMF Show
Sep 16, 2024
Insight
Bilbao: Morning panic and insomnia are internal constructs, not startup inevitabilities
“If you wake up in the morning in a panic, that's not normal. It's not standard. And you do not have to live like that. If it's like, and you've already berated, like one to five people out of fear of all those crazy ass things that, that happened during your o…”
Andres Bilbao Sep 16, 2024 ▶ 40:51 He took on Uber & grew Rappi to $5B—here’s why the craziest founders often win. | Andres Bilbao, ... · PMF Show
Sep 16, 2024 positive
Disclosure
Bilbao invests in founders who cannot rest until achieving grandiose goals
“More and more recently when I start learning about, or pretending to learn about psychology and the human mind, I've started looking more and more for people that cannot rest until they achieve some grandiose, like they will never rest And they will never be s…”
Andres Bilbao Sep 16, 2024 ▶ 28:53 He took on Uber & grew Rappi to $5B—here’s why the craziest founders often win. | Andres Bilbao, ... · PMF Show
Sep 16, 2024 positive
Assertion Not checkable as stated
Bilbao: Instacart's $41M Series B inspired the founding of Rappi
“You would say that Felipe, one of my business partners, he saw Instacart raise like forty one million dollars. I think it was like a Series B or something like that. And we thought that that was like all the money in the universe, right? And Felipe said, we sh…”
Andres Bilbao Sep 16, 2024 ▶ 3:02 He took on Uber & grew Rappi to $5B—here’s why the craziest founders often win. | Andres Bilbao, ... · PMF Show
Sep 16, 2024 neutral
Disclosure
Bilbao: Early Rappi couriers needed $80 to $100 of working capital
“At the beginning, we literally had to have couriers put money as working capital. Like the first couple of months, like it was crazy cause they would pay and then you would pay them back. So to be a courier, you have to have a hundred dollars of working capita…”
Andres Bilbao Sep 16, 2024 ▶ 11:16 He took on Uber & grew Rappi to $5B—here’s why the craziest founders often win. | Andres Bilbao, ... · PMF Show
Sep 16, 2024 neutral
Insight
Bilbao: Unresolved trauma reduces a founder's true potential to a third
“Compared to other people, you're extremely productive, but compared to yourself, you're this mouse going in circles at literally like a third of the speed that they could be going if they address the shit that is like hampering them.”
Andres Bilbao Sep 16, 2024 ▶ 36:41 He took on Uber & grew Rappi to $5B—here’s why the craziest founders often win. | Andres Bilbao, ... · PMF Show
Sep 16, 2024 negative
Disclosure
Bilbao: Grability failed to productize and built custom supermarket apps
“We had a product that we would sell to supermarkets, but it was never really a product. We had to, like, build a new app every time. Like, we were never, like, able to prioritize it, and we were not that great at building software. Like, if I use a euphemism, …”
Andres Bilbao Sep 16, 2024 ▶ 4:05 He took on Uber & grew Rappi to $5B—here’s why the craziest founders often win. | Andres Bilbao, ... · PMF Show
Sep 16, 2024 neutral
Insight
Bilbao: Founder achievement is often directly linked to fear of worthlessness
“I think that at the core for not everyone with the folks that have that view, we basically, what you want to do is avoid being worthless. And you do that through achievement. And I think that it tends to be that the level of achievement when you have that para…”
Andres Bilbao Sep 16, 2024 ▶ 31:54 He took on Uber & grew Rappi to $5B—here’s why the craziest founders often win. | Andres Bilbao, ... · PMF Show
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