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The Twenty Minute VC: Nick Weaver, Founder & CEO @ Eero

Growing the business one stage ahead of where it is

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Harry Stebbings@harrystebbings · Podcast Host @ The Twenty Minute VC
@nsWeaves is the Founder & CEO @getEero. The company that makes your wifi hyper fast, super simple and brilliantly efficient. Prior to founding Eero, Nick was himself a VC at @MenloVentures 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. Huge thanks to @ilyaf @nbt @robhayes for providing such fantastic questions. 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
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Harry Stebbings
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@harrystebbings · Podcast Host @ The Twenty Minute VC
@nsWeaves is the Founder & CEO @getEero. The company that makes your wifi hyper fast, super simple and brilliantly efficient. Prior to founding Eero, Nick was himself a VC at @MenloVentures 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. Huge thanks to @ilyaf @nbt @robhayes for providing such fantastic questions. 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