Behind the IPO: ACV Auctions & ASV w/ Somak Chattopadhyay & Vikas Mehta скачать в хорошем качестве

Behind the IPO: ACV Auctions & ASV w/ Somak Chattopadhyay & Vikas Mehta

This week we had not one but two esteemed guests - a funder and his founder of choice to talk through everything from building trust and partnership to getting to that IPO. Featuring Somak Chattopadhyay, founder of Armory Square Ventures, and Vikas Mehta, COO of ACV Auctions. Their paths beautifully overlapped after their MIT days when Somak recognized ACV's potential in B2B automobile marketplaces and recruited Vikas to lead the operation. The rest is history, but in today’s episode, we delve deep into how Somak identifies potential in companies like ACV and, alongside Vikas, continues to drive value and scale to today, one of the most exciting marketplaces that investors are closely watching on the NASDAQ. - TIMESTAMPS / KEY TAKEAWAYS 0:00 Hook/Intro 3:00 Where the paths crossed: Somak’s journey with Armory Square Ventures; and Vikas’s prior to ACV Auctions 7:11 How did Somak identified and surfaced ACV as a tech unicorn 11:52 Vikas saying yes to Somak’s pitch to join ACV Auctions 15:15 Breaking down business model of ACV Auctions from digitalising to scaling; “it was basically to get a level of trust and transparency on the asset that was previously unimaginable,” 20:25 Bringing in mentor who guides and fits well with the team and hiring the best talent 24:34 Adding value versus overstepping your bounds as a VC 27:53 Navigating through pandemic and building infrastructure under hyper growth 30:15 “What else could we do to leapfrog everyone else“; building and maturing a system that fills the industry gap 35:42 Vikas’ reflection: be more risk taking and hiring key unlockers of acceleration at early stage 37:10 Somak’s reflection: every time frame is different and about false positives on people 39:07 Looking forward #1: the automotive industry in 2024 40:04 Looking forward #2: 2024 as the best vintage year ever? 41:59 Vikas to founders: how the world is predicted to be is rarely how it ends up being 43:07 Somak: don't rely on zoom and teams or whichever tool you have as a crush for everything GUEST PROFILE Somak Chattopadhyay Managing Partner of Armory Square Ventures Somak Chattopadhyay has been operating and investing in early-stage startups in New York State and other emerging venture regions since 1999. Before launching ASV in 2014, he was a partner at Tribeca Venture Partners (formerly Greenhill SAVP, “Tribeca”), where he was instrumental in nearly every investment of its first fund and helped launch its second fund. As a venture capitalist at Edison Ventures, Somak sourced and evaluated investments in the tech-enabled service sectors, managed deal flow referral networks and identified emerging growth companies in under-venture-invested regions across the Northeast. He has served on the boards of numerous companies, and is currently a board member of the Upstate Capital Association of New York.   / somak-chattopadhyay-7662a     / somakc   Vikas Mehta Chief Operating Officer of ACV Auctions A strategic business leader with nearly two decades of experience building and managing internet marketplaces around the globe, Vikas has known Somak since 1997 when they met at MIT. Vikas helps ASV evaluate new B2B marketplace companies and work with portfolio companies to scale products, technology solutions, and operations. Since 2019 Vikas has been Chief Operating Officer at ACV Auctions, where he manages tactical and strategic operations, and his teams are relentlessly focused on delivering the best customer experience every day. Prior to joining ACV, Vikas held several leadership roles in North America and Europe at eBay for over a decade, and prior to eBay, Vikas ran a technology program and sourcing strategy for Allstate’s independent agent business unit. Vikas received a bachelor's degree in Engineering from the University of Florida and two master's degrees from Massachusetts Institute of Technology, including a degree in technology policy. Outside of the office, he enjoys spending time with his wife and three children, reading, and a wide variety of sports.   / mehtavikas   - 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐃𝐨𝐥𝐥𝐚𝐫 𝐌𝐨𝐯𝐞𝐬 is THE show for the audacious next-gen leaders. Unfiltered. Personal. Inspirational. Tune in to learn from world's foremost funders and founders, and their unicorn journey in the dynamic world of venture and business. From underestimated to iconic, YOU too, can make #billiondollarmoves — in venture, in business, in life. PODCAST INFO: Podcast website: https://billiondollarmoves.com Watch on Youtube: https://tinyurl.com/sarahchenglobal Join the community: https://sarah-chen.ck.page/billiondol... FOLLOW SARAH:   / sarahchenglobal     / sarahchenglobal     / sarahchenglobal