anthemos georgiades net worth

It is not suppose to be easy. I say like in the first pitch to the day the money wires, theres always been around like a minimum of three months. This pellet stove is a good heating solution for a smaller rather than a . I really enjoyed it and great stuff. He had actually interviewed me for a job at a different consulting firm and we stayed in touch. They are the two ways that Zumper currently monetizes them and there are two folks that [11:35]. So we tell the small landlords, Hey, dont just advertise in Zumper. Because I speak with a ton of founders that are perhaps opening up the possibility of bringing on corporations and I think that you need to really do it right. There could be investors who are fantastic. Anthemos Georgiades is the CEO of <a href="http://zumperblog.kinsta.cloud">Zumper</a>. Youre supposed to try six things that dont work. It was kind of [31:51] as early as we did to buy another stock up that was kind of four years in. Stay informed using all the free online rental data out there (like Zumper's national rent report). Alrightee. You know its interesting that you mentioned the chicken and the egg. You always have more nos that more yeses in fundraising but it was ultimately about just hustling my network as much as possible. A lot of business schools was how to make decisions with imperfect information. 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. 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. And in terms of preparation, Anthemos, how has the preparation like preparing before going to market to start engaging investors, how have you seen with your business, with Zumper, how have you seen that changed over time as the rounds were maturing? You shameless have to mine your network and I think all CEOs and entrepreneurs have to find that edge of how did they meet one of these investors, how did they meet someone that knows them. Were very clear with Axle Springer that we have a lot of consumer scale so a lot of people use our platform on a monthly basis but were still building the [21:55]. August 4, 2020. Anthemos Georgiades - San Francisco Business Times So we tell the small landlords, Hey, dont just advertise in Zumper. 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. Anthemos Georgiades: Yeah, I think its probably the DNA of your culture is I think a lot of it is built in the tough times. Over time, its great to be able to bring in your team. "These markets had a huge net migration from New York and California, and they have held up," he says. I dont think theres a startup I could have launched that taught me more. Got it. 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? I grew up in London. So watching board members from the early investments are [19:38] who now runs Good Water but was originally Kleiner and then Eric [19:42] from Kleiner and theyre both experts at product market set. It looks better for investors and it makes your life easier. Yeah. 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. Zumper Board Member Related Hubs So how did you meet your cofounders? So Anthemos, theres always a first time and you know I guess this is the first time in the history of the DealMakers Show that Im able to interview someone that has been involve on the M&A but more on the buy side. Anthemos Georgiades, Zumper, European Founder, International Founders, Marketplace The process of renting apartments hasn't changed since Craigslist was introduced. Its not about the ski trips and any of that you know. So what I wanted to ask you here is in terms of on boarding lets say this type of, because its a different beast, you know type of investors so how does the approach from evaluating an investor that is a VC, an angel or an angel group shift towards evaluating a potential strategic corporation that is looking to become part of your cap table? Im the CEO and Ive always felt that it was my responsibility to do the fundraising. So paradoxically, I dont think the core DNA of a companys culture is built at ski tracks or offsite. Member profile: Zumper's founders - Anthemos Georgiades and Russell Every fantastic company has had hundreds of nos on the way to kind of huge outcomes and you just cant take it personally. It is not suppose to be easy. Hello, everyone, to the DealMakers Show. Your third month is getting kind of diligence done and getting the wires in to the door. Like what have you seen that really works? Got it. So today, we have another founder and another one that is quite successful in their own paths. Zumper which is a little bigger in terms of audience now caters more to urban professionals moving within cities. 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? So one is weve always promoted within so whenever we needed a role, we always prefer to promote someone instead of hiring from outside. And I mean its quite a few cofounders. Hes raising money now. Got it. We both had ideas to be entrepreneurs but neither of us have the guts to actually go for it. We both wanted to be entrepreneurs. Theres never like an exact number you need like when Uber raised money or you know Zillow raised money, theres never like a number they have to be at. Anthemos Georgiades: 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. It was kind of [31:51] as early as we did to buy another stock up that was kind of four years in. Were very clear with Axle Springer that we have a lot of consumer scale so a lot of people use our platform on a monthly basis but were still building the [21:55]. Absolutely. In the first two or three years you will kill your marketplace if you create any barriers to entry from either side. Anthemos Georgiades Current Workplace Zumper Location 555 Montgomery St Ste 1300, San Francisco, California, 94111, United States Industry Information Collection & Delivery, Media & Internet Description Discover more about Zumper Anthemos Georgiades Work Experience and Education Work Experience Manager, Summer Investment Atomico 2009-2010 So paradoxically, I dont think the core DNA of a companys culture is built at ski tracks or offsite. 1.4.1 - Provisions of this Code Declared . Had worked at the Boston Consulting Group. Look how quickly our revenue are scaling. 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. Anthemos Paul Georgiades has been associated with one company, according to public records. Anthemos Georgiades on Twitter: "77% of you were interested in a It is ultimately the culture. And so back to your point, yes, we want investors who are supportive of the fact that we didnt try to monetize the platform for the first three years because it would have created a barrier to entry. Anthemos Georgiades: Yeah, sure. 1. Im the CEO and Ive always felt that it was my responsibility to do the fundraising. We also actually had a really wonderful fourth cofounder whos no longer with us. Anthemos Georgiades: Hey, thanks for having me. They are brilliant about. Now my cofounders were phenomenal in bringing them to meetings. He's raised $39.2 million in venture capital, grown the team to 70+, and completed the acquisition of apartment search platform PadMapper. His passion for relieving the stress for others in . Well, first of all, your point about quashing the egg and shooting the chicken. Anthemos Georgiades: Yeah. Anthemos Georgiades - CEO and co-founder - Crunchbase And then my other cofounder Kurt Taylor I met through his mother who was an [04:43] and it was another example of just pure hustle. It is not closely married to [14:55] and thats where its still on [14:58] I think Silicon Valley has a long way to go where when I got my first introductions to VCs to Kleiner, to Andreseen, to Graylock, to NEA, it often came through my graduate school network where someone was like, Hey, this guy is leaving HBS. Like many of our most successful entrepreneurs. Saying that, in the early days you kind of need to bring on all the capital that you can. And the biggest change in the series C I just raised versus in the early days is having a CFO. Taylor Glass-Moore Co-Founder. I didnt think that either of them originally. But I guess you were saying then here the shift, kind of like shifted more from like growth of users perhaps retention to more kind of like deep revenue growth. It just really helps to divide and conquer like that while I was meeting new investors again. [06:54] the early days and it worked where there was just all hands to the pump. Its so hard to get marketplaces liquidity so correct, the beautiful thing as you know is when you have it, it took us three years to get to that, it just runs and you just grow naturally when you have both sides but its so hard to get to it. 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. All photos courtesy of Forbes Councils members. And then as we looked at the C round, Axle Springer are fantastic good example [19:59]. So thats how Zumper got started. At the end of the day though, whether its senior people, junior people, interns who we want to bring back is all under pinned by culture. It has to be me and thats how I started the company six years ago after business school. You always have more nos that more yeses in fundraising but it was ultimately about just hustling my network as much as possible. Well, Anthemos, it has been a pleasure to have you on the show. Your second month you spend getting term sheets and documents signed. Anthemos Georgiades: Yes, weve raised $90 million in capital including a series C that we just closed three months ago. It just really helps to divide and conquer like that while I was meeting new investors again. And [14:42] in Silicon Valley is married to [graphics 14:43] mostly in terms of great companies just break out and succeed [agnostic 14:48] as to where people went to college or if they came from a wealthy or poor family. Yeah. We both wanted to be entrepreneurs. We saw it would take three to six months to integrate Pat Mapper and their backend that engineering project we worked really hard and quickly just over a year to integrate so we underestimated like how much work was required to integrate them by 3x. Anthemos Georgiades: Yeah. There was no book [01:41]. Got it. Additionally, Anthemos Georgiades has had 2 past jobs including Consultant at The Boston Consulting Group. Since 2012, Georgiades has grown Zumper to over 200 employees, 178 million annual visits, and raised $178 million in venture capital for the company. It was always a man, there is a really tough problem that consumers experience and no one is solving it. Anthemos Georgiades: Yeah. 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. Got it. Theyre struggling to kind of grow their audience because they didnt have enough listings whereas Zumper at the getgo we had a lot of unique landlords on the platform that no one else had. And talking about hustling the network, was there any because I mean those networks that you have I think the network of Harvard is really fantastic and then you know the BCG as well but is there like any process that you followed to really like leverage the network? If you guys are Zumper website, you can kind of kind at zumper.com the Contact Us or on Twitter I am just @anthemos, A-N-T-H-E-M-O-S on Twitter and yeah, I respond to people. I think just up front boundaries before you close the round is super important. 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. Saying that, if you do have multiple term sheets the second point is of course, like before you get to liquidity, revenue is irrelevant and if revenue gets in the way of bringing either the consumer on to your platform or the supply side person on to your platform, you should not be trying to charge. 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. Well, first of all, your point about quashing the egg and shooting the chicken. A lot of it was completely bottom up. Alejandro: Got it. I mean youre doing various jobs, head of sales, head of finance, head of fundraising, head of like DZ. So I think as your company matures, you look for investors that have something that you dont have and so for us, were not yet doing $100 million in revenue. 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? It seemed crazy that the real estate industry wasnt moving towards on demand. Got it. 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We didnt go that route because I have the network but if I didnt have the network and some people have the network and still do it, they are really good cheap in to getting scaled quickly. anthemos georgiades net worth I think the startups end up wasting a lot of cash that could really extend runway but thats a different conversation. 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. And so just be prepared that however smart, however many smart people have looked the deal and thought about whether it will work, it always take a little bit more time than you think it will to integrate because theres always some gremlin kind of hiding in the works that youre going to find. It is your job not just to do the day to day but once or twice a year you should be doing stuff that has a completely linear outcome where one day youre doing you know 3 million users a month and the next day youre doing 5 million users a month. Likewise. They were super lean team of under five people and its been a great deal for Zumper like we have one backend, one sales team and then two consumer platforms. Look how quickly our revenue are scaling. We want investors who look at $100 million in revenue as table stakes but they wont agree to a billion. Anthemos Georgiades (Zumper) | Startup Grind Anthemos Georgiades is CEO/Co-Founder at Zumper Inc. See Anthemos Georgiades's compensation, career history, education, & memberships. And investors love that story because its easy to believe that you can continue to do that. Alejandro: I love it. In terms of investors, I guess two comments.