Posted on eleventh September 2024 by Harry
David Schneider is a Common Accomplice @ Coatue and one of many nice operators of the final 20 years. Previous to Coatue, David was instrumental in ServiceNow’s development to over $100B+ public market worth. David led the expansion of the corporate from $100M to $5BN in income. Earlier than becoming a member of ServiceNow, David held senior positions at Information Area, the corporate he joined at $0 in income and scaled to $1BN in income and an IPO and acquisition.
In At this time’s Episode with David Schneider We Focus on:
- ServiceNow: Secrets and techniques to Scaling to $5BN in ARR:
- What are David’s largest classes from scaling ServiceNow to $5BN ARR?
- What labored? What didn’t work?
- What are the most typical causes firms plateau?
- How did ServiceNow roll out so many various merchandise so successfully?
- How did David rent and ramp 180 individuals in 90 days?
2. From OG Operator to Beginner Investor:
- What have been the one most difficult parts of creating the transition to VC?
- What recommendation did David get from the most important names on coming into enterprise?
- How lengthy did it take David to do his first deal? What recommendation does he give different operators coming into?
- How does doing offers in 2024 examine to when David began doing offers in 2021?
3. VC Worth: Do 90% of VCs Actually Injury Firms:
- Does David agree that 90% of VCs truly detract worth?
- What does David imply when he says that the worst VCs are “seagull VCs”?
- What are David’s largest tricks to founders on the best way to get essentially the most out of their board?
- What’s sufficient possession for David to actually give the time wanted to an organization?
4. Classes from the Greats: Doug Leone, Invoice McDermott, Frank Slootman:
- Doug Leone: What has David realized from Doug on what it takes to be an important investor and board member?
- Frank Slootman: What has David realized from Invoice on the best way to be the most effective chief of a mega firm?
- Invoice McDermott: What has David realized from Frank about choice making and execution:
