We bring you visionaries and disruptors who have started, scaled, sold, OR invested in BILLION DOLLAR STARTUP. We also bring you TECH FOUNDERS who are building the NEXT BILLION DOLLAR STARTUP!
5 Keys To Valuing A Tech Company
In this illuminating video, we dive into the world of tech company valuation and explore the five essential keys to accurately assessing the worth of these innovative enterprises. Join us as we demystify the intricate process of valuing tech companies, providing you with invaluable insights and actionable steps to navigate this complex landscape. From understanding the core factors that drive value in the tech sector to deciphering financial indicators and market trends, we equip you with the knowledge and tools to make informed investment decisions. Whether you're an aspiring investor, a seasoned entrepreneur, or simply curious about the inner workings of tech company valuation, this video offers a comprehensive guide that empowers you to assess the true worth of these cutting-edge businesses. Don't miss out on this invaluable resource that will unlock the secrets to valuing tech companies with confidence and precision.
6/27/2023 • 10 minutes, 41 seconds
5 Steps to Consider When Making Technology Investments
In today's rapidly evolving technological landscape, making strategic and informed technology investments is crucial for businesses to stay competitive and thrive. In this enlightening video, we present you with five essential steps to consider when embarking on technology investments. Explore the key factors that will help you make sound decisions and maximize the returns on your investments. From identifying your specific business needs to conducting thorough research and evaluation, we guide you through a comprehensive process that ensures you select the right technologies for your organization. Gain valuable insights on assessing scalability, compatibility, security, and long-term value, enabling you to make informed choices that align with your business goals. Whether you're exploring cloud solutions, automation tools, or cutting-edge software, these five steps will serve as your compass in navigating the complex world of technology investments. Join us on this transformative journey and unlock the full potential of technology to propel your business forward.
6/13/2023 • 10 minutes, 45 seconds
How one founder wasted more than 10 years of his life
In this episode of "Billion Dollar Startup," Ivan Nikhoo shares a cautionary tale of an entrepreneur who wasted more than 10 years of his life chasing a tech dream that never materialized. Despite claiming to have the best technology and high-profile clients, this founder failed to demonstrate product-market fit or generate any revenues, yet continued to attract investors who believed his grandiose promises. Ivan emphasizes the importance of self-assessment and seeking validation from experienced investors, like venture capitalists, to avoid falling into the trap of overconfidence and ego. With insights and war stories from successful tech founders and investors, "Billion Dollar Startup" is the ultimate guide to navigating the complex and exciting world of tech entrepreneurship and venture capital. Tune in to gain valuable knowledge on tech investing, software development, and the role of venture capital in helping startups achieve success. Don't miss out on this insightful podcast and visit dragonx.com for more resources and previous episodes.Timestamps:00:36 - The secretive entrepreneur's pitch02:16 - The entrepreneur's recurring encounters03:26 - Irresponsibility towards investors04:27 - Importance of due diligence and institutional capital05:33 - Self-assessment and accepting feedback06:29 - Value of validation from VCs07:01 - Conclusion
4/18/2023 • 7 minutes, 39 seconds
How much do you want to Raise?
“Raising money” means how much to raise capital, founders need to understand raising venture capital really means offering part of your company in exchange for the money you plan to use to grow your business.As a startup for a tech company like SaaS, the process a business goes through in order to raise money, so the business can get off the ground, expand, or transform in some way. Find out in this episode, Dan and Ivan share insights and powerful tips to successfully chart your path to convince your ideal VC.Timestamps:[0:28] The determinant factors for Founders to raise?[1:44] Monthly Burn rate? Learn the importance and how it will impact your business[2:56] Parameters that will influence the pre and seeding stage of VC?[3:44] Recommended timeframe for raising funds that VC will consider.[4:05] When is the worst time to raise?
4/11/2023 • 5 minutes, 10 seconds
The Next Salesforce of Shopify? - With Serge Kassardijan CEO of StayTuned
Join us for an insightful interview with Serge Kassardijan, CEO of Stay Tuned Search, a fast-growing software company that specializes in Shopify app development. With years of experience in the tech industry, Serge has a wealth of knowledge on topics such as SaaS, venture capital, and tech investing.In this interview, Serge shares his journey from founding Stay Tuned Search to its successful acquisition by a major player in the industry. He provides valuable insights on how to align with Shopify's culture and mindset, capitalize on market trends, and build a high-margin software business.For founders and entrepreneurs in the tech industry, this interview is a must-watch. Serge's advice on taking a non-linear path, understanding the role of venture capital, and leveraging software to scale your business can help you achieve your goals and make your mark in the industry. Tune in to learn more about Stay Tuned Search and gain valuable insights from one of the industry's leading experts.Timestamps:[00:51] - What is your Background?[03:15] - How big was your previous division? [06:51] - What inspired you to start staytuned?[10:50] - What is your growth strategy?[16:11] - How did your previous experiences help staytuned?[17:07] - Why did you not do choose The acquisition model?[19:48] - How do you see the future of e-commerce?[21:30] - How does Staytuned attract clients?[23:37] - What’s your vision for the company in the next 3 years?[24:32] - What are some of the key milestones of staytuned?[25:48] - What is your target when you think about more acquisitions?[26:37] - What advice would you have for anyone that’s also on the same path?
4/4/2023 • 29 minutes, 17 seconds
From Public Health to Tech Entrepreneur: How Amanda Greenberg Is Revolutionizing Collaboration
Join us in this episode of "The Dan Lok Show - Billion Dollar Startup" as we speak with Amanda Greenberg, the co-founder and CEO of Baloon, a tech startup that provides solutions for collaboration and decision-making in the workplace. With a background in public health research, Amanda shares her journey of transitioning from academia to entrepreneurship and building a successful SaaS business.If you're interested in tech, SaaS, venture capital, or software development, this episode is a must-listen. Gain valuable insights and inspiration from Amanda's entrepreneurial journey, and learn how you can apply these lessons to your own business. Don't miss this opportunity to learn from a thought leader in the tech industry who is revolutionizing collaboration and decision-making in the workplace.Timestamps:[00:00] - Introduction[00:30] - Guest introduction: Amanda, Co-founder & CEO of Balloon[06:05] - Getting the first big corporate client[8:46] - The Full Experience: Using Balloon[10:12] - Evolution of the Go-to-Market Strategy[11:30] - Creating a Customer Advisory Board[13:54] - Getting Your Foot in the Door: Approaching Big Names[15:00] - Making It Easy for Influencers to Say Yes[16:04] - Expanding Thought Leaders[16:52] - Company-Wide Collaboration[17:27] - Impact of COVID on Balloon[18:00] - Remote Work & Increased Meetings[19:57] - Balloon as a Must-Have Tool[20:47] - Working with Your Spouse[23:30] - Just Start: Learning Quickly and Taking Action[24:02] - The Importance of Grit in Entrepreneurship[26:26] - Fears as a CEO: Getting in the Way of Success[27:44] - Balloon's Vision for the Next Three Years[28:50] - How to Learn More About Balloon
3/21/2023 • 30 minutes, 32 seconds
How The CEO of Vertify.com Matt Klepac Revolutionizes The Way Revenue Teams Work
Join us in this episode of "The Dan Lok Show - Billion Dollar Startup" as we sit down with Matt Klepac, the co-founder and CEO of Vertify.com. Matt has more than two decades of experience in the tech industry, and his company is revolutionizing the way revenue teams work by providing innovative solutions for data management and integration.Discover how Vertify.com is helping businesses streamline their sales and marketing processes by optimizing their data management practices.Matt Klepac is a technology entrepreneur and the co-founder and CEO of Vertify, a software company that provides solutions for data management, integration, and optimization to help businesses improve their sales and marketing operations. With over 20 years of experience in technology and business development, Matt is a recognized thought leader in the industry and has been featured in publications such as Forbes and Inc. Magazine.Matt's passion for technology and innovation has driven his career, and he has worked with numerous startups and established companies to develop and implement cutting-edge solutions that improve business processes and drive growth. At Vertify, Matt and his team are focused on helping businesses make data-driven decisions by providing powerful solutions that integrate and optimize their data.Timestamps:[0:28] Who is Matt Klepac?[1:24] How Matt got into the SaaS industry.[5:45] What exactly does REV Ops mean?[9:03] On which data should a company concentrate?[12:20] Your company needs to be focused.[14:26] More companies are focussing on REV Ops, but why is that?[15:50] What are things B2B companies struggle with?[17:18] How does Verify work?[19:46] Was it hard to educate the market on why they need Vertify?[24:30] What you need to do to make it easy for customers to buy from you.[25:55] What were the struggles Vertify faced in the beginning?[26:50] Did Covid help or hinder the business?[28:25] How Matt sees the future of Vertify[30:00] The Power of Core Values[33:20] What does lifetime value look at Vertify?[36:30] What milestone has Vertify reached in the last years?[38:20] What you should pay attention to when investing in software companies?[41:35] Get in touch with Matt Klepac and Vertify
3/6/2023 • 43 minutes, 32 seconds
How to Pitch to a VC
Discover the art of pitching to a VC as Dan Lok and Ivan Nikkhoo break down the key elements of a successful pitch.As a startup for a tech company like SaaS or any other business, securing funding from a venture capitalist can be a crucial step in growing your company. But with so much competition for investment, how do you stand out? Dan and Ivan share their firsthand experience as VCs to provide invaluable insights on what investors look for in a pitch and how to make a strong case for your business.From crafting a compelling story to the length of your pitch, Dan and Ivan will guide you and share examples of what works (and what doesn't).If you're an entrepreneur looking to raise capital for your startup, or just curious about the world of venture capital, this episode is a must-listen. Timestamps:[0:28] What kind of pitch does a VC remember most?[1:36] 3 powerful factors that increase your chances of convincing a VC to invest in your company.[3:34] Proposing a solution is not enough. Here is what you should also do.[4:32] Here's a quick summary of what a VC is looking for.[4:52] How long should your pitch be?[5:40] Another important reason why storytelling is very key in convincing a VC.
2/21/2023 • 6 minutes, 51 seconds
How to Meet the Right VC
Are you a business owner or a tech startup founder trying to find the right venture capitalist to scale your business? Join Dan Lok, CEO of DragonX Capital and Ivan Nikkhoo, industry expert with more than 36 years of experience, in this episode as they take you through the process of how to meet the right VC for your business. Discover the strategies and techniques you need to find the perfect investor for your business and get the funding you need to make it a success. Get ready to take your business to the next level with this essential episode.Timestamps:[0:29] The most important evaluation criteria for your organization and Venture Capital Funding.[1:53] Right pitch, Wrong Venture Capitalist. Time-waster mistakes to avoid.[2:36] Why is knowing the check size of the company extremely important?[2:59] The 3 must-know lessons before approaching a VC. [5:15] The most important question for VCs to decide if they will back your business.
2/7/2023 • 5 minutes, 56 seconds
Should You Boot Strap or Raise Capital
If you are on a startup for a tech or SaaS product, which is the way to go? Bootstrapping or getting VC funding?Join us and discover in this episode as we delve into the ongoing debate of bootstrapping vs. venture capital funding for tech and SaaS startups. Listen in as Dan Lok, CEO of Dragon X Capital, and Ivan Nikkhoo, an industry veteran with 36 years of experience in senior roles across the globe, offer their expert insights and perspectives on this crucial topic.Timestamps:[0:29] What is the best thing you need to do if you are starting a company?[1:53] Why is it better to raise institutional venture capital vs bootstrapping in the long run?[3:07] Here are the reasons why you should never be worried about your ideas getting stolen.[4:52] Worried about getting diluted? Here are the reasons why you shouldn’t.[5:41] Reasons why Ivan Nikkhoo believes in the early adoption of institutional capital.[6:41] The best reason to bootstrap before raising capital from venture capitalists.