Wednesday, December 25, 2024

Akshay Kothari, Co-Founder @Notion: How Notion Has Extra Cash Than Ever Earlier than & Why The Method Startups Fundraise is Damaged 

Posted on 18th September 2024 by Harry

Akshay Kothari is Co-Founder at Notion, one of many fastest-growing corporations of the final decade. Akshay has run each perform within the firm from gross sales, to advertising and marketing to finance and even led their fundraising efforts elevating $340M+ from Sequoia, Index and Coatue with the most recent spherical pricing them at $10BN. Earlier than Notion, Akshay was VP Product at Linkedin for five+ years, main all of their content material efforts. He joined LinkedIn when his earlier firm, Pulse, was acquired by LinkedIn in 2013.

In At this time’s Episode with Akshay Kothari We Talk about:

1. Founder Mode, Veto Powers and Focus:

  • Does Akshay agree with “founder mode”? What are the largest downsides to founder mode that not sufficient persons are discussing?
  • Why does Akshay imagine that the only biggest energy of a founder is their “veto energy”?
  • What’s the largest alternative that Notion jumped on that they need to not have performed?
  • What’s the largest alternative that Notion didn’t bounce on that they need to have jumped on?

2. Elevating $50M @ $2BN Valuation:

  • Why did Ivan and Akshay determine to do that increase when they didn’t even want the cash?
  • How did the fundraising course of for this spherical go? Why did they select Coatue and Index?
  • Why did Sequoia say no to this spherical?
  • With the good thing about hindsight, what does Akshay want that they’d performed otherwise?

3. Elevating $270M @ $10BN Valuation:

  • How did Sequoia come again into the body with this spherical? Why did they are saying sure right here when they didn’t earlier than?
  • Why does Akshay imagine that of all of the investor manufacturers, Sequoia is essentially the most highly effective? In what means does having Sequoia as an investor change the trajectory of the corporate?
  • Is Akshay involved about how he’ll be capable of scale into the $10BN valuation?
  • How does Akshay tackle the problem of bringing new group members in with inventory choices priced at $10BN? How a lot of a blocker is that?

4. Boards and Social Media are F*******:

  • How is the best way during which boards are constructed damaged?
  • How does Akshay imagine that boards needs to be constructed?
  • What roles ought to founders rent for of their board members?
  • Why is Akshay most involved concerning the “Tiktokification of every thing”?
  • Why does Akshay imagine that social media has by no means been extra regarding?

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