Just out of curiosity, Anthemos, like how many nos did you get for example on your seed round if you have to count it? In terms of investors, I guess two comments. I grew up in London. In the first two or three years you will kill your marketplace if you create any barriers to entry from either side. A lot of business schools was how to make decisions with imperfect information. Hes raising money now. So I guess without further ado, Anthemos Georgiades from Zumper, welcome aboard. Unluckily weve made some phenomenal early hires so the company that have all scaled to leadership roles, thats fantastic for retention because those people know that we could have hired from outside but we bet on them and it worked and so Zumper is a place to build theyre career not somewhere else. My friend have had to camp out overnight outside the property management office to get access to the new apartment and this is [01:09] you know things coming online, you can order a cab via phone, you can book a hotel online. So watching board members from the early investments are [19:38] who now runs Good Water but was originally Kleiner and then Eric [19:42] from Kleiner and theyre both experts at product market set. They take every, some people go and warm theirif you have a brilliant idea, theyd be crazy not to take it and then their entire value is obviously give you a three month program and then at the end expose you to liek 40 investors. Zumper - Contacts, Employees, Board Members, Advisors & Alumni - Crunchbase So what is the best way, Anthemos, for people that are listening to reach out and say hi? The company was incorporated in California, Texas, and Florida ten years ago. Alejandro: And did you diversify this responsibility with the other cofounders or was there one of you guys that has always been leading the chart on the financing side? anthemos georgiades net worth I mean I think at seed round its like an [26:02]. So I saw for example Axle Springer which is you know more kind of like the corporate. And frankly, the process is a pain in the ass. Anthemos Georgiades, Zumper Inc: Profile and Biography But I will say the one thing is true is that you always raise on momentum. So Anthemos, theres always a first time and you know I guess this is the first time in the history of the DealMakers Show that Im able to interview someone that has been involve on the M&A but more on the buy side. So for Zumper our vision as I mentioned was to make renting an apartment as easy as booking a hotel and so instead of going in with just an idea, I built like a really crappy version of the end game that I wanted to build. And then as we looked at the C round, Axle Springer are fantastic good example [19:59]. It is ultimately the culture. Your email address is 100% safe from spam! Were very clear with Axle Springer that we have a lot of consumer scale so a lot of people use our platform on a monthly basis but were still building the [21:55]. The second one is have a vision and a mission that people agree with and we all wanted to [37:13] this vision make renting an apartment as easy as booking a hotel. I mean I called it like a cheat [33:33] my team. Ill set the first couple of meetings often alone but its been wonderful as weve grown our executive team to be able to bring like our VP of sales, our head of grow, our CPO in to the meetings afterwards when they want to meet the team. It was just purely hustling my network for six months to find people who are really great cultural fit but also have very different skill sets to the one I have. It just really helps to divide and conquer like that while I was meeting new investors again. So strategically that was a good marriage where they had a great consumer brand and we have really fantastic supply side inventory. How autonomous can people be at the junior levels? And so as you mature you look for a different kind of investor and that naturally tends to happen. Really good strategy to differentiate the demographics and were super happy with how it went down. They were super lean team of under five people and its been a great deal for Zumper like we have one backend, one sales team and then two consumer platforms. Really good strategy to differentiate the demographics and were super happy with how it went down. Anthemos lives in San Francisco, where Zumper is HQd, with his wife. At the end of the day though, whether its senior people, junior people, interns who we want to bring back is all under pinned by culture. Im so glad I did it. Published by at June 13, 2022. Everyone filling gaps where they could and it [07:02] fulfilling gaps in to where youre skilled and so I think the most obvious thing to do for that is to hire people with very different skill sets to you that allows you to never really have awkward overlap and egos because everyone is kind of skilled at something very unique. Yeah. Absolutely. Theyre both incredibly smart as are my executive team who are also like critical to fundraise where Ill go in and sell the vision often alone. Had worked at the Boston Consulting Group. So we tell the small landlords, Hey, dont just advertise in Zumper. So cofounders are difficult especially if youre not technical as really hard to find a good technical cofounder but the great thing is once you do and it takes a long time, they are able to attract the next generation of talent in to the company and thats how you kind of build your engineering team out. So we want to be the first ever kind of full stack rental platform for long term leases and we monetize that two ways. When you look your cofounders, your team in the eye and you know theyre ready to go and theyre resilient and they come back in to build and try the next thing and youve kind of worked out together this is part of the game. Please subscribe to unlock this content. anthemos georgiades net worth. One Lesson Led This Entrepreneur To Raise $90 Million From The - Forbes So today, we have another founder and another one that is quite successful in their own paths. So you still have to land it and once youre on the door it doesnt matter where you come from you have to have something good. So I guess what was the timeline of this C round compared to perhaps your seed round of 2012? And investors love that story because its easy to believe that you can continue to do that. Dave Costantino Staff Engineer - Backend. So you kind of just have to [25:29] but just to be clear yeah, we had far more nos than yeses at the seed round. And then now your job at five, six years in with a team of a hundred with higher and amazing executive team who are all better at doing their jobs than you would ever be and so your job is almost as a CEO is to like hire yourself out of a job where you hire people, where you look at them and you think, Wow, I cant believe you report to me. glendale, az police activity today; archer lodge middle school calendar. Its a Greek name, British accent. Two sided marketplaces are so difficult. But was drawn in to it just to solve a problem as I think so many entrepreneurs are. What's in Store for Multifamily Markets in 2023? So I guess for those listeners that are looking at acquiring other companies to perhaps grow a little bit faster, what kind of advice would you give to them? Get Anthemos Georgiades's email address (a*****@zumper.com) and phone number (646398..) at RocketReach. How do you scale like 20 million in revenue to 200 million in revenue and we didnt need the more product set investors because we already have fantastic people at that. So I guess for a marketplace or lets say for the people that are listening to us like what kind of metrics do you think for the most part if were talking about hyper growth companies, like they should be a little bit more mindful about? At series B, you got to show product market set across the board with the revenue and then at series C, you got to show real traction and real revenue and a proper P&L. ! And so I finally just gave in and thought no one is going to build this. I mean your job moves from doing jobs in the first few years. I dont think theres a startup I could have launched that taught me more. So paradoxically, I dont think the core DNA of a companys culture is built at ski tracks or offsite. Yeah. Anthemos Georgiades - San Francisco Business Times They are brilliant about. Rocketreach finds email, phone & social media for 450M+ professionals. As CEO, Anthemos has raised $39.2 million in venture capital from investors including Kleiner Perkins, Goodwater Capital, Breyer Capital and Foxhaven Asset Management, including a Series B round in Oct. 2016 when many start-ups were struggling. So we want to be the first ever kind of full stack rental platform for long term leases and we monetize that two ways. They were [sexy 23:47] company and really fantastic fundraisers but the rounds just take a long time, due diligence take a long time. city of phoenix setback requirements It was at the time Pat Mapper example almost the same size on consumer but now Zumper is much bigger but we called it like a cheat and your job as the founder is to identify like vertical cheats where overnight you become bigger than your competitors. Anthemos Georgiades: Yeah. You know its interesting that you mentioned the chicken and the egg. Alejandro: And talking about hustling the network, was there any because I mean those networks that you have I think the network of Harvard is really fantastic and then you know the BCG as well but is there like any process that you followed to really like leverage the network? For me, its Zumper, an apartment rental platform. I learned more from you than you learned from me, and then your job as CEO is to do kind of two or three things, that is to continue to advance like the vision and the mission of the company and keep everything strategically aligned. I mean to a point network gets you an intro but a lot of intros are 10 minute meetings where the VC immediately decides its not for them which is totally fair. Got it. You are going to get a bunch of nos so I wouldnt rule people out too early. Keeping good lines of communication open can solve many landlord/tenant problems. That is where your focus is and even though you kind of missed doing some of the stuff and the weeds and my team continue to tell me to get away from the weed and continue to [36:12] the 50,000 set, you have to let it go and trust your team to do a better job than you were doing. Everyone filling gaps where they could and it [07:02] fulfilling gaps in to where youre skilled and so I think the most obvious thing to do for that is to hire people with very different skill sets to you that allows you to never really have awkward overlap and egos because everyone is kind of skilled at something very unique. Whats your story and most importantly, how did you get started with the entrepreneurial bug? The other large investor in this round [20:05] scale so once you have product market set, how do you scale that? So the majority of that is still in the bank but yeah, we raised money in capital [12:00]. I think the startups end up wasting a lot of cash that could really extend runway but thats a different conversation. Its not about the ski trips and any of that you know. True to its reputation, Comfortbilt's HP22 pellet stove comes with a heating capacity of 50,000 BTU. I mean youre doing various jobs, head of sales, head of finance, head of fundraising, head of like DZ. And so when you think about AB testing frameworks, you think about how many started [03:43] that is a [03:44] grad school taught me. Anthemos Georgiades: Yeah. Alejandro: So I guess like I have one thing to follow up on this. I was really impressed when because its not hard, its almost impossible to land VC such as Kleiner Perkins on literally your first financing round, the seed round. Anthemos Georgiades: Yeah. 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And then as we looked at the C round, Axle Springer are fantastic good example [19:59]. His passion for relieving the stress for others in . 10 Things All Landlords Should Remember To Ensure Good Tenant - Forbes It was not something Ive really ever thought about before. Obviously they knew and I think for us it was like telling Axle and the rest of our investors that there are going to be months where we massively beat plans and there will be months where were behind plans. How many landlords did we have on the site? So paradoxically, I dont think the core DNA of a companys culture is built at ski tracks or offsite. Obviously they knew and I think for us it was like telling Axle and the rest of our investors that there are going to be months where we massively beat plans and there will be months where were behind plans. Anthemos Georgiades: One Lesson That Led To Raise $90 Million From The Top Venture Capital Firms by Alejandro Cremades Like many of our most successful entrepreneurs, Anthemos Georgiades was drawn into startup life to solving a burning problem. Over time, its great to be able to bring in your team. Youre exactly right. comfortbilt pellet stove low temp alarm So seed, series A, series B, series C, I was always the point person in the fundraise. I mean youre doing various jobs, head of sales, head of finance, head of fundraising, head of like DZ. And talking about hustling the network, was there any because I mean those networks that you have I think the network of Harvard is really fantastic and then you know the BCG as well but is there like any process that you followed to really like leverage the network? Budget in my opinion perhaps should be allocated to something else. anthemos georgiades net worth; wedding max minghella wife; private beach airbnb california; antique english double barrel shotguns; tuscany faucet cartridge removal; primeweld cut 60 machine torch; glendale, az setback requirements. It was like $46 million. I was really impressed when because its not hard, its almost impossible to land VC such as Kleiner Perkins on literally your first financing round, the seed round. But I guess you were saying then here the shift, kind of like shifted more from like growth of users perhaps retention to more kind of like deep revenue growth. She was our original CPO and after the series A, she moved on to roller, another company and we promoted someone internally to CPO. Got it. All of it is going to be important and it will come out at the right stage. August 4, 2020. Anthemos Georgiades is CEO/Co-Founder at Zumper Inc. See Anthemos Georgiades's compensation, career history, education, & memberships. anthemos georgiades net worth So I guess lets say we had the opportunity to put you in front of your younger self, Anthemos, in 2012 before you were to close that seed round, what would be that piece of advice that you would give to your younger self with everything that youve learned having this journey ahead of you? So you kind of just have to [25:29] but just to be clear yeah, we had far more nos than yeses at the seed round. hendrick motorsports hats; anthemos georgiades net worth So we bought them.
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