DealMakers: Entrepreneur | Startups | Venture Capital
Cyriac Roeding On Selling His Company For $250 Million And Raising $60 Million To Detect Cancer Earlier
Cyriac Roeding is a full-cycle entrepreneur who has been launching his own ventures since he was a teenager. He sold one of his companies for $250M and has since helped lead two new health tech startups which have raised tens of millions of dollars.
In this episode, you will learn:
* Cyriac’s top advice before starting a business
* Why it’s so important to fail fast
* How to face failure
* The advantage of international travel for entrepreneurs
* Working with Reid Hoffman
* What great board members are like
* Finding and filtering startup business ideas
Alejandro Cremades · EP 332 Cyriac Roeding On Selling His Company For $250M And Raising $60M To Detect Cancer Earlier
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About Cyriac Roeding:
Cyriac Roeding is a Silicon Valley-based entrepreneur (co-founder, former CEO of Shopkick, acquired for $250M in cash) who invests in and works with startups and venture capitalists that drive change in the world at scale. Focus areas: consumer network effects, mobile, human-machine interfaces, and AR, robotics, software meeting biology. LimitedPartner in Founders Fund, Andreesen Horowitz, KPCB, IVP, ZhenFund (China), SV Angel, SVB. Direct investor and advisor in over a dozen startups, including Karma Science (acquired by Facebook), Carspring (acquired by Twitter), Grofers, Curbside, Zumper, Brilliant. The World Economic Forum named Roeding a Tech Pioneer 2013.
Previously, Cyriac Roeding co-founded and led Shopkick, the shopping app that rewards users just for walking into retail stores, as CEO to over 20 million users and its $250M acquisition by SK Telecom/SK Planet (Fortune 100 from South Korea). Fast Company ranked it one of the world's 10 Most Innovative Companies In Retail by Fast Company,