Anthemos lives in San Francisco, where Zumper is HQd, with his wife. Budget in my opinion perhaps should be allocated to something else. Like many of our most successful entrepreneurs. I think if you set these expectations from the very beginning that are super important. You are going to get a bunch of nos so I wouldnt rule people out too early. Anthemos Georgiades: Yes, weve raised $90 million in capital including a series C that we just closed three months ago. And to be fair, some of these 20 did indeed come back later to invest but in Boston and I pitched all of the east coast investors first because I was on the east coast and they were straight nos. June 12, 2022 . Saying that, in the early days you kind of need to bring on all the capital that you can. Saying that, in the early days you kind of need to bring on all the capital that you can. Could you meet him? And so whereas that doesnt guarantee any success we obviously have to have really good numbers and a really good story to tell them. Whats your story and most importantly, how did you get started with the entrepreneurial bug? So I learned a lot from a few companies that I loved, a few companies that I thought are doing crazy things I learned so much. So we have several million users using our platform every month now which is great and next year we wanted tens of millions of users a month and were poised to doing that. Published by at June 13, 2022. In the early days you as the CEO you are the fundraiser, you are the effective CFO, youre the head of sales and you kind of have to do the whole thing. They wanted to close apartments like they book a hotel and so took the status of like 35 different apartments we leased using the technology in San Francisco to VCs and said, Hey, were really going to rebuild all of this but heres some data that shows this really can work at scale, and thats how we raised the first million dollars from some of the names that you mentioned. Anthemos Georgiades. Now we have supply so the six months curve at the series B was all about users and millions of monthly users and then at the series C it was much more revenue curve. Of course and I agree with you there, Anthemos. And you know I think hiring is definitely tough but retaining is even more complicated so is there any things that you for example seen yourself that work on that front? Theyre both incredibly smart as are my executive team who are also like critical to fundraise where Ill go in and sell the vision often alone. Could you meet him? And so whereas that doesnt guarantee any success we obviously have to have really good numbers and a really good story to tell them. And then at business school, I think the single biggest thing I learned through the case study method which is how they teach it at Harvard Business School but I think its true. So thats how Zumper got started. There could be investors who are fantastic. How many landlords did we have on the site? Budget in my opinion perhaps should be allocated to something else. Hes raising money now. And we built this website using an outsource development shop in Europe that just tested one assumption of the end game which was can we get users in 2011, 2012 just as mobile was coming online to apply and close apartments from their phone. Absolutely. To give you odds, at the seed stage and the series A stage of growth cuts, all about supply side where a two sided marketplace chicken an egg, on day zero you have no renters and no landlords, how do you solve that? Township Of Ocean Police Department. So yes, we have a great cap table. In the early days we love the exposure to Silicon Valley investors. Culture is everything and so investing in people making sure I as the CEO spend a lot of time as much as possible with people who dont report to me is absolutely critical and that is ultimately like the fabric on how most companies are run. So lets talk about Zumper here. The other large investor in this round [20:05] scale so once you have product market set, how do you scale that? Alejandro: Got it. So I saw NEA, Kleiner Perkins, Graylog, Andreesen Horrowitz, just to name a few. When you look your cofounders, your team in the eye and you know theyre ready to go and theyre resilient and they come back in to build and try the next thing and youve kind of worked out together this is part of the game. Get Anthemos Georgiades's email address (a*****@zumper.com) and phone number (646398..) at RocketReach. So I guess for those listeners that are looking at acquiring other companies to perhaps grow a little bit faster, what kind of advice would you give to them? It is not suppose to be easy. Anthemos Georgiades is the co-founder and CEO of Zumper. I think its easy not to set those expectations and get caught in the relationship where neither side is being clear on what they expect. And it was just [22:11] during the process that its a startup, were at growth stage but not to expect to be able to predict our courses like that public company again. Yeah. Rear mounted 3" standard exhaust port, and 2" standard air intake Exterior dimensions of unit are 24" wide, 26" deep, and 40" high with mounted controller. And then as we looked at the C round, Axle Springer are fantastic good example [19:59]. If you want me to help you with your fundraising, just book a call. Theyre both incredibly smart as are my executive team who are also like critical to fundraise where Ill go in and sell the vision often alone. The one unifying theme in every fundraising Ive run is momentum. I knew the CEO for a while. At Zumper, based in San Francisco, he leads the company in its mission to make renting an apartment as easy as booking a hotel. How did you find these investors? Obviously they knew and I think for us it was like telling Axle and the rest of our investors that there are going to be months where we massively beat plans and there will be months where were behind plans. So I guess in your guys case, how do you deal with the egos and then more importantly how did you define the responsibilities early on so that you kind of have that healthy culture going on? anthemos georgiades net worth; wedding max minghella wife; private beach airbnb california; antique english double barrel shotguns; tuscany faucet cartridge removal; primeweld cut 60 machine torch. It looks better for investors and it makes your life easier. You just cant get spooked. We raised like a million dollars in seed money, that was running out so we tried various things that didnt work and I think the fabric of our culture that is still true today when we have a hundred people is built in the dark days and those days where your stuff is not working, your users arent growing, and how you look at your teammates and how you guys turn up on a Monday morning after a really crappy week the week before where maybe someone quit or maybe the metrics went south. I mean if you could give some kind of like tips you know both fronts it would be really fantastic. Alrightee. Youre exactly right. For me, its Zumper, an apartment rental platform. Get a custom action plan and all the help that you need to start raising more capital. Anthemos Georgiades: One Lesson That Led To Raise $90 Million From The Top Venture Capital Firms by Alejandro Cremades Like many of our most successful entrepreneurs, Anthemos Georgiades was drawn into startup life to solving a burning problem. And then as we looked at the C round, Axle Springer are fantastic good example [19:59]. So that was great. If you dont have those connections, I think this is where like a lot of these accelerators and incubators, Y Combinator or Techstars or Launch are really good where you can apply. How many listings do we have on the site? I mean youre doing various jobs, head of sales, head of finance, head of fundraising, head of like DZ. Youre right that is wrong advice. You know its interesting that you mentioned the chicken and the egg. Alejandro: And did you diversify this responsibility with the other cofounders or was there one of you guys that has always been leading the chart on the financing side? So today, we have another founder and another one that is quite successful in their own paths. I think if you set these expectations from the very beginning that are super important. Its hard. I have no experience doing that. And so as you mature you look for a different kind of investor and that naturally tends to happen. Over-Communication. I was really impressed when because its not hard, its almost impossible to land VC such as Kleiner Perkins on literally your first financing round, the seed round. I knew the CEO for a while. Yeah. It was always a man, there is a really tough problem that consumers experience and no one is solving it. You are going to get a bunch of nos so I wouldnt rule people out too early. And investors love that story because its easy to believe that you can continue to do that. hendrick motorsports hats; anthemos georgiades net worth The most important thing is to surround yourself with an amazing support group because it is so much harder to build a company than I thought it was and the emotional resilience you need to get through the dark days and come back to the bright days even now is what [38:54] just get harder like yeah, we have more revenue now but with that there are people [38:58] and like huge revenue targets we have to attain and so the most important thing is surround yourself with a network of family, friends, mentors, peers, your team, your investors, whoever is an emotional crutch for you where you can take from them but also maybe get back to them as well when theyre having a tough time, thats the single most important thing is look after your mental health because it is lonely and it is stressful and if youre able to kind of be resilient you have a great outcome but it is really hard on some days to push through, so build that around just [39:35] and you can be happy while running your company. Alejandro: Got it. Everyone in Boston, everyone in New York were straight nos and [25:15] didnt get second meetings but then a month later we came to Silicon Valley and we found a much better product market set for the kind of investor who was prepared to come early and invest early and we got a lot of yeses very quickly. Categories . So what is the best way, Anthemos, for people that are listening to reach out and say hi? So when you go in to a fundraising in terms of preparation the most important thing is that your last six months are great and your most important metrics are all growing really nicely so kind of five, six months in a row that is a fantastic story to tell to an investor. He discovered that the marketplace doesnt work for renters, and the idea for Zumper was born with the goal of evening the playing field and increasing transparency in the marketplace. So I guess how did that consulting experience shape up your approach in terms of like tackling problems and the entrepreneurial journey itself? I guess the question that I would ask you and perhaps some advice for some of those that are listening, that are building a business that is more around the network effects, the marketplaces, should they walk the other way if the investor is asking too much about revenue early on on the financing cycles? rex harrison audrey hepburn relationship. And at one point I just told one I just feel like I want to step on the egg and shoot the chicken because it was so repetitive. And it was just [22:11] during the process that its a startup, were at growth stage but not to expect to be able to predict our courses like that public company again. Just out of curiosity, Anthemos, like how many nos did you get for example on your seed round if you have to count it? Got it. And then when I moved out to America, Russel was software engineer at Google and I had no technical background so I basically hit up my network for anyone with a technical background living in the US who might be interested in joining and Russel and I really hit it off and he was the perfect cofounder. Anthemos Georgiades is CEO/Co-Founder at Zumper Inc. See Anthemos Georgiades's compensation, career history, education, & memberships. So cofounders are difficult especially if youre not technical as really hard to find a good technical cofounder but the great thing is once you do and it takes a long time, they are able to attract the next generation of talent in to the company and thats how you kind of build your engineering team out. Thats just part of the game. And did you diversify this responsibility with the other cofounders or was there one of you guys that has always been leading the chart on the financing side? A lot of that is in the bank. Were going to charge you per lead or for the smaller landlords we charge them if theyre [11:15] for the transaction. Anthemos Georgiades: Yeah. . They may not understand marketplace as well as you but they may be able to bring a brilliant way of thinking about how to bring the supply on [30:20]. Like many of our most successful entrepreneurs, Anthemos Georgiades was drawn into startup life to solve a burning problem. So in terms of timeline, you were mentioning that the C round, you guys closed this 46 million a couple of months ago. But I will say the one thing is true is that you always raise on momentum. Were growing very quickly but none of that was true obviously in the first two years. Zumper CEO & Co-Founder Anthemos Georgiades makes renting an apartment as easy as booking a hotel, shares insights on monetizing marketplaces, diversifying r. Back to Meet the San Francisco Business Times' 40 under 40 Class of 2018. Yeah, I mean BCG I think you get access to the 23 year olds CEOs who had been working for 40 years and kind of crazy in consulting you take the shortcut in your careers to being in the board room.
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