Season 6 - Episode 3: Firefighters, Funding, and Pivots: Chris Memmott’s Path to Success

Today on Startup Different we talk to our old pal, Chris Memmott. He has over 15 years of sales and leadership experience within high-growth startups and has even had his own successful (albeit bumpy!) exit. We’ll cover his journey and what to watch out for when selling your business baby.

It’s acquisition time on Startup Different!

Takeaways

• Chris Memet has over 16 years of experience in startups.

• He raised $23 million for his first startup.

• The importance of having a co-founder with complementary skills.

• Tracking data is crucial for understanding market dynamics.

• Firefighter technology can significantly improve health outcomes.

• Navigating the acquisition process is complex and lengthy.

• Raising capital can be a necessary evil for non-technical founders.

• Founders should pay themselves a reasonable salary after raising funds.

• The go-to-market strategy can pivot based on customer feedback.

• Startup myths often mislead founders about compensation and growth.