![]() ![]() ![]() ![]() In retrospect, this may be the difference between an entrepreneur and a normal person: To entrepreneurs, there are no defeats, just pivots. “No money in the world would convince you to do this crazy shit.”Īnd what separates the successful ones from those who may not win is simple, he said: Not giving up. “You know you’re an entrepreneur if you know you would do this even for free,” he said. I asked him how someone knows if they are an entrepreneur? He directly owns 4.98 of the company’s shares, worth 25.74M. His total yearly compensation is 2.67M, comprised of 13.3 salary and 86.7 bonuses, including company stock and options. He spends time every night thinking of which parts of his organization are broken, so that he can fix them. CEO & Director Jason Schwartz - CFO Conference Call Participants Arjun Bhatia - William Blair & Company Ryan MacWilliams - Barclays Bank Jason Helfstein. Similarweb's CEO is Or Offer, appointed in Jan 2009, he has a tenure of 14.5 years. He keeps basically the same routine every day: He exercises for one hour, spends 20 minutes a day meditating, eats mostly vegan food and tries not to touch work after he’s home. “It’s solving crisis after crisis and you love it.” It’s since raised a D round, from NASPERS and Lord David Alliance.Īmong its current clients: PayPal, eBay Inc., Flipkart, Adidas.Īnd the company is now in the process of another big round. Jason Schwartz holds the position of Chief Financial Officer for SimilarWeb Ltd. IN 2014, NASPERS, the South African media giant, invested $18 million. In 2013, the company began raising serious money, $6 million, with investors including Moshe Lichtman and Docor International Management. It has a free product that offers traffic information about web sites across the world and deeper analytics that it sells to companies. “Pivoting the company is like a divorce,” he said, wincing a little. (When I was working with Wealthfront, the online financial advisor, which pivoted, CEO Andy Rachleff handed out signs, a takeoff on Everybody Poops: Everybody Pivots.)īut the new idea, a digital marketing intelligence company that competes with Amazon-owned Alexa, took off, and has been profitable almost from the beginning, he said. Offer had to pivot – and fired half the team. Despite an early win in an Israeli SeedCamp competition, the company couldn’t scale. Ten years ago, he had an idea for a company, one that would help people surfing the Web find web sites similar to the ones they were searching. “They told me, ‘You make our life hell,’” he said. It worked not-so-well, in that his parents liked their artistic, small scale operation. It worked well, in that he was able to build a thriving company, one that was manufacturing his parents’ designs in Brazil and China and selling jewelry through shops. ![]()
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