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S3 E196 Thejo Kote, Founder and CEO, Airbase 0:00 Introduction 0:34 About Thejo Kote 0:48 About Airbase 2:11 Challenges Thejo faced while building Airbase 4:09 Challenges of small companies and startups 8:19 What is unique about Airbase 10:17 Challenges of integrating with global platforms 12:12 Solo founder versus Multiple founders 14:38 Qualities a startup founder should possess. 16:29 Common mistakes made by startup founders 19:35 At what stage should a startup start to scale up? 22:14 Founding and selling his first startup How often do you feel like you need to manage petty expenses of yours? Quite frequently, right? Now imagine, how big of an issue would this be for a company that has to manage all the expenses of over 100 employees! Sounds complex, right? Airbase to the rescue! Our guest for today, Mr. Thejo Kote has founded a company, which helps small and medium companies manage their non-payroll expenses. Thejo Kote is the Founder and CEO of Airbase. He is the former founder of Automatic which is now acquired by Sirius XM for 110 million USD. Thejo tells us that he moved to the USA about eleven years ago as a student. He says that India's business ecosystem was less developed than it is today, so he was planning to work in the US only and he was very passionate about it. As the opportunity came he founded a startup called 'Automatic' with his co-founder and worked there for six years. He saw many ups and downs there. After he felt right, it was sold to SiriusXM for 110 million USD. Thejo again started from scratch and founded another company, this time solo, that provides small and medium companies a single platform for all their payments. Thejo tells us that building the Airbase was quite an enjoyable experience. It was less challenging than his previous startup. Currently, the biggest challenge he is facing is keeping up with the growth of the startup which he believes to be a good problem to have. Later in the conversation, our host Ashutosh and our guest Thejo, have a detailed conversation on the subject of startup and common mistakes made by startup founders. Thejo explains everything with very fine details which shows how experienced he is. Listen to the podcast to understand in detail what Thejo has to share with all of us. ------------------------------------------------------------------------------------------------------------------------------------------------------------- Follow us on Facebook - / followtbcy Twitter - / followtbcy Instagram - / followtbcy #spendmanagement #airbase #thejokote