Bootstrapped : The Lighter Side - The Podcast For B2B SaaS Founders · Lighter Capital - We Help Startups Grow

Jive's founding CEO Dave Hersh explains why he's "anti-too-much-VC" and how he gets startups unstuck

May 20, 2024·42 min·4 clips
Dave Hersh declares he is "anti too much VC" and warns against treating fundraising as the primary goal for startups.
Dave Hersh, founding CEO of Jive, shares his journey from bootstrapping a $12M business to taking VC funding from Sequoia, the painful layoffs that followed the 2008 crash, and why he's now "anti-too-much-VC." He discusses the systemic pressures of venture capital, the importance of strategic austerity, and his current work helping "stuck" startups find a second act, as detailed in his book 'Reignition'.

As heard by us

A clear case for keeping capital in its place so strategy, not fundraising, drives the business.

Dave Hirsch moves from management consulting to founding companies, taking companies public, and later working in VC and private equity. The point he comes back to is simple: capital should support strategy, not start running the business.

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Why you'd press play

A sober VC reality check from a founder who's seen the startup table from every side.

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