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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Mike Mignano is the Co-Founder & CEO @ Anchor, the app that allows you to share and engage with your network via audio, essentially radio for the people. Prior to founding Anchor, Mike was Head of Pro...

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20VC: Why Every Successful Company Pivots and Good Companies Get Funded in Good & Bad Markets with John Frankel, Founding Partner @ ff Venture Capital

20VC: Why Every Successful Company Pivots and Good Companies Get Funded in Good & Bad Markets with John Frankel, Founding Partner @ ff Venture Capital

John Frankel is the founding partner of ff Venture Capital and has been an early-stage investor since 1999. He has served on the boards of more than 35 companies and has led investments in more than 8...

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20VC: Europe's Youngest Series A Venture Partner, James Wise @ Balderton Capital on How To Get Into Venture & What The Future Of The VC Industry Looks Like

20VC: Europe's Youngest Series A Venture Partner, James Wise @ Balderton Capital on How To Get Into Venture & What The Future Of The VC Industry Looks Like

James Wise is a partner at Balderton Capital, one of Europe's leading early stage venture funds with $2.5B in funds. The youngest partner at a Series A fund in Europe, at 29 James has already led on d...

25 Apr 201636min

20VC: Fundraising Is Also Business Development with Nicolas Dessaigne, Co-Founder & CEO @ Algolia

20VC: Fundraising Is Also Business Development with Nicolas Dessaigne, Co-Founder & CEO @ Algolia

Nicolas Dessaigne is the Co-Founder and CEO @ Algolia. Algolia are a brilliant case study for the successful pivot, having started off life as an offline search engine for mobiles but really took off ...

22 Apr 201625min

20VC: The Rise Of The Celebrity VC & The Pros and Cons Of Staying Private with Logan Bartlett @ Battery Ventures

20VC: The Rise Of The Celebrity VC & The Pros and Cons Of Staying Private with Logan Bartlett @ Battery Ventures

Logan Bartlett is an investor @ Battery Ventures, where he focuses on growth investments for B2B software companies. He is currently involved in Battery’s investment in Pendo and StreamSets. Before jo...

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20VC: The Best Determinant Of Product Market Fit & Why Prior Experience Is Not Required For Founder Success with Neeraj Agrawal, General Partner @ Battery Ventures

20VC: The Best Determinant Of Product Market Fit & Why Prior Experience Is Not Required For Founder Success with Neeraj Agrawal, General Partner @ Battery Ventures

Neeraj Agrawal is a general partner at Battery Ventures investing in SaaS and Internet companies across all stages. He was a founding investor in BladeLogic in 2001 and has invested in several other ...

18 Apr 201627min

20VC: From Netscape To Friendster To Nuzzel: Jonathan Abrams on A Silicon Valley Adventure

20VC: From Netscape To Friendster To Nuzzel: Jonathan Abrams on A Silicon Valley Adventure

Jonathan Abrams is the founder & CEO of the social news service Nuzzel. Jonathan is also co-founder and Managing Partner of Founders Den, a shared office space and private club for experienced entrep...

15 Apr 201629min

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Roy Bahat is the head of Bloomberg Beta, a new venture fund backed by Bloomberg L.P. Prior to Bloomberg, Roy was chairman of OUYA, a new kind of game console, where he was the first investor. Before t...

13 Apr 201631min

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