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He walked away from $5M ARR—then built a $50M company. | Russ Fradin, Founder of Larridin
Manage episode 518707106 series 3298391
Russ has started and sold multiple companies over 30 years, but his Dynamic Signal journey will change how you think about product-market fit. They had $5M ARR selling influencer marketing software.
Then Russ told investors to pretend the $5M didn't exist and bet on a $200K pipeline instead. That pivot led to 600 Fortune 2000 customers and an exit at $50M ARR.
Now building his AI measurement startup Larridin, Russ shares why being a repeat founder creates a different problem—everyone tells you your idea is great even when it's not. His solution? Don't believe anything until someone writes a check.
Why You Should Listen:
- Why he walked away from $5M ARR to pursue a $200K pipeline.
- How emergent user behavior revealed a $50M business.
- Why "everyone loving your idea" means nothing.
- Why finding product-market fit is only step 1.
Keywords:
startup podcast, startup podcast for founders, Dynamic Signal, Russ Glass, product-market fit, enterprise sales, employee advocacy, pivot strategy, B2B SaaS, influencer marketing
00:00:00 Intro
00:01:36 30 years of Silicon Valley startups
00:03:05 Dynamic Signal's original idea
00:07:29 The emergent behavior that changed everything
00:15:38 Walking away from $5M ARR to pursue a $200K opportunity
00:18:23 Why product-market fit is never final
00:22:14 Selling Dynamic Signal
00:24:30 Starting Laridin
00:36:34 Raising $17M as a repeat founder—why everyone says yes
Fejezetek
1. Intro (00:00:00)
2. 30 Years of Silicon Valley Startups (00:01:38)
3. Dynamic Signal's Original Idea (00:03:05)
4. The Emergent Behavior that Changed Everything (00:07:30)
5. Walking Away from $5M ARR to Pursue a $200K Opportunity (00:15:38)
6. Why Product-market fit is Never Final (00:18:24)
7. Selling Dynamic Signal (00:22:15)
8. Starting Laridin (00:24:30)
9. Raising $17M as a Repeat Founder—Why Everyone Says Yes (00:36:35)
238 epizódok
Manage episode 518707106 series 3298391
Russ has started and sold multiple companies over 30 years, but his Dynamic Signal journey will change how you think about product-market fit. They had $5M ARR selling influencer marketing software.
Then Russ told investors to pretend the $5M didn't exist and bet on a $200K pipeline instead. That pivot led to 600 Fortune 2000 customers and an exit at $50M ARR.
Now building his AI measurement startup Larridin, Russ shares why being a repeat founder creates a different problem—everyone tells you your idea is great even when it's not. His solution? Don't believe anything until someone writes a check.
Why You Should Listen:
- Why he walked away from $5M ARR to pursue a $200K pipeline.
- How emergent user behavior revealed a $50M business.
- Why "everyone loving your idea" means nothing.
- Why finding product-market fit is only step 1.
Keywords:
startup podcast, startup podcast for founders, Dynamic Signal, Russ Glass, product-market fit, enterprise sales, employee advocacy, pivot strategy, B2B SaaS, influencer marketing
00:00:00 Intro
00:01:36 30 years of Silicon Valley startups
00:03:05 Dynamic Signal's original idea
00:07:29 The emergent behavior that changed everything
00:15:38 Walking away from $5M ARR to pursue a $200K opportunity
00:18:23 Why product-market fit is never final
00:22:14 Selling Dynamic Signal
00:24:30 Starting Laridin
00:36:34 Raising $17M as a repeat founder—why everyone says yes
Fejezetek
1. Intro (00:00:00)
2. 30 Years of Silicon Valley Startups (00:01:38)
3. Dynamic Signal's Original Idea (00:03:05)
4. The Emergent Behavior that Changed Everything (00:07:30)
5. Walking Away from $5M ARR to Pursue a $200K Opportunity (00:15:38)
6. Why Product-market fit is Never Final (00:18:24)
7. Selling Dynamic Signal (00:22:15)
8. Starting Laridin (00:24:30)
9. Raising $17M as a Repeat Founder—Why Everyone Says Yes (00:36:35)
238 epizódok
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