Disclosure certainty 4/5 debate potential 1/5

Vasikhar: Spaceship is pivoting toward a Mattermark-style automated database

Dominic Vasikhar · EP 535: He's 24 yo Founder, Now VC at Hummingbird · Jan 10, 2017 · at 6:56

Dominic Vasikhar discusses the strategic pivot planned for Spaceship after stepping back to join Hummingbird VC.

0:00 / 0:16exact quote · 16.6s
720p mp4 · rendered on demand · StarZero watermark
“Basically, my co-founder is now taking over and he's planning to pivot our business a bit to make it a bit more scalable and automated. So let's say somewhere close to, a bit closer to, let's say, Mattermark or Crunchbase or so when, where you have some kind of automatically updated database, let's say.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Dominic Vasikhar

Disclosure
Hummingbird VC Is Building Proprietary AI for Automated Deal Screening
“We want to basically put in more and more sources and we basically want we want to build some kind of a, let's say machine learning or artificial intelligence, which basically helps us To do our initial screening for us. So we don't have to go through like 300…”
Dominic Vasikhar Jan 10, 2017 ▶ 8:46 EP 535: He's 24 yo Founder, Now VC at Hummingbird
Disclosure
Hummingbird VC Aims to Embed Founder DNA Evaluation into Sourcing Software
“One of the things that Hummingbird is really, like, very good at is sort of identifying the founder's DNA. And that's something that we want to also deeply embed into a product that we are going to build.”
Dominic Vasikhar Jan 10, 2017 ▶ 11:43 EP 535: He's 24 yo Founder, Now VC at Hummingbird
Insight
Vasikhar: VCs typically target $100K MRR or $1M ARR for Series A
“Yeah, I would say for most of the VCs I met, and it's also the case for us, we are looking at somewhere around 100,000 dollars at a monthly recording revenue which would translate to somewhere around a million ARR.”
Dominic Vasikhar Jan 10, 2017 ▶ 13:25 EP 535: He's 24 yo Founder, Now VC at Hummingbird
Assertion Not checkable as stated
Vasikhar: Spaceship was bootstrapped with just seven dollars
“It was bootstrapped from the very beginning, so like, we invested seven dollars into it in the beginning.”
Dominic Vasikhar Jan 10, 2017 ▶ 6:32 EP 535: He's 24 yo Founder, Now VC at Hummingbird
Insight
Vasikhar: Feeling stupid about past actions indicates personal progress
“Like for me, the biggest, biggest turning is always like, well, let's say the biggest value that I'm striving for is to look back and I feel stupid about the way I acted and about the things I do. And as long as this is the case, I feel that I'm progressing.”
Dominic Vasikhar Jan 10, 2017 ▶ 16:52 EP 535: He's 24 yo Founder, Now VC at Hummingbird
Assertion Not checkable as stated
Vasikhar: Spaceship had roughly 800 customers with 10% on monthly plans
“Well in total we had somewhere around 800 customers monthly, I would say 10% of that was on a monthly plan.”
Dominic Vasikhar Jan 10, 2017 ▶ 3:53 EP 535: He's 24 yo Founder, Now VC at Hummingbird
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.