Amir Ashkenazi discusses the funding and exit details of his former video ad platform, Adap.tv.
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“Adapt TV also raised money. I think it totally raised forty eight million dollars and that was acquired by AOL for about 400 and something million dollars.”
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More from Amir Ashkenazi
Insight
Ashkenazi: Fundraising ability is the ultimate determinant of startup success
“I think it's absolutely critical to raise money from external investors, even if you can fund it, or you think that you can fund it, your ability to raise money is the number one thing that will determine your future success.”
Amir AshkenaziJun 7, 2022▶ 15:17He hated his remote guitar lessons then spent $8m on new SaaS MVP, 5 patents later he's preparing for launch.
Disclosure
Ashkenazi: Switchboard spent about $8M on stealth development before beta
“About eight.”
Amir AshkenaziJun 7, 2022▶ 6:58He hated his remote guitar lessons then spent $8m on new SaaS MVP, 5 patents later he's preparing for launch.
Opinion
Ashkenazi regrets selling his three previous startups too early
“In total, I sold three companies, and in general, I regret not holding each one of them a bit longer.”
Amir AshkenaziJun 7, 2022▶ 16:15He hated his remote guitar lessons then spent $8m on new SaaS MVP, 5 patents later he's preparing for launch.
AssertionSupported
Ashkenazi: Switchboard's cloud browsers make any web app collaboratively interactive
“So what we did is we developed cloud browsers. Those are essential elements that allow you to bring any tool that you already use, things like Google Docs and Figma and Trello and Jira, and they become immediately collaborative. Even the regular website become…”
Amir AshkenaziJun 7, 2022▶ 2:28He hated his remote guitar lessons then spent $8m on new SaaS MVP, 5 patents later he's preparing for launch.
Disclosure
Ashkenazi: Switchboard began as remote guitar lesson software before pivoting
“I think it took us six months to understand that this is actually not for guitar lessons, but this is the core problem that every remote and hybrid team is facing.”
Amir AshkenaziJun 7, 2022▶ 4:38He hated his remote guitar lessons then spent $8m on new SaaS MVP, 5 patents later he's preparing for launch.
AssertionPartly supported
Ashkenazi: Switchboard secured five granted patents within two years
“So in two years, we already have five granted patents for the work that we do.”
Amir AshkenaziJun 7, 2022▶ 7:14He hated his remote guitar lessons then spent $8m on new SaaS MVP, 5 patents later he's preparing for launch.
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