Feb. 2, 2021

#17 Curious Capital: Adventures in Business and Investing | Andrew Dumont, Co-Founder & Managing Partner

#17 Curious Capital: Adventures in Business and Investing | Andrew Dumont, Co-Founder & Managing Partner

Andrew Dumont is the CEO of Meteor JS and WeWorkRemotely. He was previously the CMO at Bitly, an Entrepreneur in Residence at Betaworks, and one of Forbes’ 30 Innovators Under 30 in Marketing. In this episode, Andrew and Daniel discuss scaling an open source framework, the business of job boards, the 4 steps for turning around any business, and Andrew’s approach to investing.


“When you’re first starting a fund, you're going to spend your first five years, realistically, actively raising money from LPs—and that is your primary role. It is not interfacing with founders and helping entrepreneurs; that's a small piece. I think it's important that people realize: if you just want to work with entrepreneurs all day, join an existing fund.” – Andrew Dumont

Andrew Dumont (@andrewdumont) is a CEO in Residence at Tiny Capital and the Founder of Curious Capital. He was previously the CMO of Bitly and an Entrepreneur in Residence at Betaworks. He’s spent his career building and growing companies like Moz, Seesmic (acquired by Hootsuite), Stride (acquired by Copper), and Tatango. He’s also an advisor at Techstars and Startup Weekend, and he writes for Inc. Magazine.

Andrew was named one of Forbes’ 30 Innovators Under 30 in Marketing and was appointed an entrepreneurial delegate by the United Nations. In this episode, Andrew and Daniel discuss the pros and cons of venture capital, why some startups make it while others fail, and how investors can best serve founders.

Show notes with links, quotes, and a transcript of the episode: https://www.danielscrivner.com/notes/andrew-dumont-outliers-show-notes

Chapters in this interview:

  • 00:00:07 – Andrew’s start in the world of venture capital
  • 00:06:38 – Why venture capital isn’t the best option for all startups
  • 00:12:48 – Andrew’s work with Betaworks
  • 00:18:41 – The truth about choosing companies to invest in
  • 00:21:51 – Why companies succeed
  • 00:24:52 – Andrew’s work with Tiny Capital
  • 00:35:17 – Making an acquisition grow
  • 00:40:19 – Getting started with investing 
  • 00:43:46 – The realities of managing a fund
  • 00:50:44 – How investors can best help founders
  • 00:56:05 – Why getting reps as investor is exciting

 

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