"If the customer doesn't scream, you don't have
product-market fit." — Andy Rachleff
Welcome to another episode of The Tim Ferriss Show. This time, we
have a slightly different episode—a takeover by Mike Maples, Jr.
Mike Maples, Jr. (@m2jr) and his firm,
Floodgate, have invested in and supported many of the startups
you might recognize — including Twitter, Twitch, Lyft, Chegg, and
Okta, among others — long before they were household names. He's
been on the Forbes Midas List eight times in the last decade, but
he's much more than a successful investor. Mike has also
succeeded as both a founder and operating executive.
He's also simply a great guy and the first person who really
taught me how to angel invest. For more on that background,
listen to my interview with Mike at tim.blog/mikemaples.
In this episode, however, Mike speaks with Andy
Rachleff (@arachleff), co-founder of Wealthfront and
Benchmark Capital, about two of the biggest questions that should
be on every start-up founder's mind: How do you reach
"product-market fit" (a term that Andy coined), and how do they
know when you've achieved it?
Andy has known many of the start-up world's giants and
synthesized their lessons, so you will also hear what Andy
learned from Don Valentine of Sequoia, Scott Cook of Intuit, Reed
Hastings of Netflix, Geoffrey Moore, Clay Christensen, Eric Ries,
and Steve Blank.
The audio from this conversation is from the premiere episode of
Mike's brand-new podcast, Starting Greatness,
which I encourage you check out. There are some incredible guests
coming.
So, if you like this conversation between Mike and Andy, be sure
to subscribe to Starting Greatness on Apple Podcasts, Spotify,
Overcast, or wherever you get your podcasts. You can also check
out the website at greatness.floodgate.com, and on Twitter you
can follow Mike at @m2jr and Andy at @arachleff.
Please enjoy!
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Past guests on The Tim Ferriss Show include
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Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew
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Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris,
Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger,
Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil
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Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené
Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan,
Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi,
Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio,
Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer,
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Rubin, Dr. Vivek Murthy, Darren Aronofsky, and many more.
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