20VC: Eero's Nick Weaver on Why You Have To Grow One Stage Ahead of Where Your Business Is At and Why If You Want A Great Customer Experience, You Have To Own All The Parts

20VC: Eero's Nick Weaver on Why You Have To Grow One Stage Ahead of Where Your Business Is At and Why If You Want A Great Customer Experience, You Have To Own All The Parts

Nick Weaver is the Founder & CEO @ Eero. The company that makes your wifi hyper fast, super simple and brilliantly efficient. Prior to founding Eero, Nick was himself a VC at Menlo Ventures where he worked with companies like Uber, Betterment, Periscope and Dropcam. Before becoming a VC, Nick co-founded StartX, the community for the best Stanford entrepreneurs providing them with the required resources to build the next generation of leading companies.

In Today's Episode You Will Learn:

1.) How Nick made the move from VC with Menlo to Founder and CEO @ Eero?

2.) How can founders identify nascent and attractive markets that are ripe for disruption?

3.) How did Nick approach the pricing mechanism with Eero? Why do hardware startups need to have a greater margin than software startups?

4.) Why did Nick raise 2 rounds of funding before the product launched? Why did Nick decide he wanted to own all the parts of the production chain with Eero?

5.) How does Nick view the competitive landscape for such products? How does he view large incumbents like Netgear, compared to smaller startups like Luma?

Items Mentioned In Today's Show:

Nick's Fave Blog and Newsletter: Term Sheet: Dan Primack

Nick's Fave Book: Man's Search For Meaning by Viktor Frankl

As always you can follow Harry, The Twenty Minute VC and Nick on Twitter here!

Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC.

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Cooley are the global law firm built around startups and venture capital. Since forming the first venture fund in Silicon Valley, Cooley has formed more venture capital funds than any other law firm in the world, with 50+ years working with VCs. They help VCs form and manage funds, make investments and handle the myriad issues that arise through a fund's lifetime. So to learn more about the #1 most active law firm representing VC-backed companies going public. Head over to cooley.com and also at cooleygo.com.

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20VC: Spark's Bijan Sabet on Investing in Twitter, Tumblr and Foursquare & Why First Time Founders Are So Exciting

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6 Juni 201624min

20VC: inDinero's Jessica Mah on Why Angel Money Is Better Than Institutional Money and Boards Should Work For Founders

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20VC: The Future For Autonomous Vehicles & How Software Is Eating Cars with Nikhil Basu Trivedi, Investor @ Shasta Ventures

20VC: The Future For Autonomous Vehicles & How Software Is Eating Cars with Nikhil Basu Trivedi, Investor @ Shasta Ventures

Nikhil Basu Trivedi is an early stage investor with Shasta Ventures, where he focuses on consumer, mobile and SaaS. Prior to joining Shasta, Nikhil was a member of the Insight Venture Partners team in...

1 Juni 201627min

20VC: Is Big Data Still A Thing with Matt Turck, Managing Director at FirstMark Capital

20VC: Is Big Data Still A Thing with Matt Turck, Managing Director at FirstMark Capital

Matt Turck is Managing Director of FirstMark Capital where he invests across a broad range of early-stage enterprise and consumer startups. Prior to FirstMark, he was a Managing Director at Bloomberg ...

30 Maj 201630min

20VC: The Information's Jessica Lessin on The Future For Online Journalism & The Benefits Of A Subscription Based Business Model

20VC: The Information's Jessica Lessin on The Future For Online Journalism & The Benefits Of A Subscription Based Business Model

Jessica Lessin founder and Editor in Chief of The Information. Prior to The Information, she covered Silicon the technology industry for eight years at the Wall Street Journal where she wrote nearly 1...

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20VC: Sam Lessin on Why Bots Will Change Business & The Internet Has Mostly Failed

20VC: Sam Lessin on Why Bots Will Change Business & The Internet Has Mostly Failed

Sam Lessin is a Partner at Slow Ventures who have made investments in the likes of Facebook, Twitter, Mattermark, AngelList,Dropbox and many more. On top of this, Sam is also the Founder and Co-CEO at...

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20VC: K9's Manu Kumar on His Approach To Risk, Valuation & Believing What Other People Don't

20VC: K9's Manu Kumar on His Approach To Risk, Valuation & Believing What Other People Don't

Manu Kumar founder and Chief Firestarter at K9 Ventures, a pre-seed and seed stage micro-VC fund based in Palo Alto, according to K9 they invests 'frighteningly early' and like to be the first institu...

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20VC: Xero's Rod Drury on IPO on Day 1 To Hedge Fund to VC & Doing Startups Backward

20VC: Xero's Rod Drury on IPO on Day 1 To Hedge Fund to VC & Doing Startups Backward

Rod Drury is the Founder & CEO @ Xero, essentially beautiful accounting software for small business. Xero has received funding from some of the best investors in the world including the likes of Peter...

20 Maj 201623min

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