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Frank Slootman

👤 Person
540 total appearances

Appearances Over Time

Podcast Appearances

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Scaling ServiceNow to $5BN in ARR | Leadership Lessons from Doug Leone, Frank Slootman and Bill McDermott | VC Value Add: Is it Real and Why the Worst VCs are "Seagull VCs"

The reason I picked Kotu out of all the firms I was looking at was they themselves are innovative. They themselves are entrepreneurial. They themselves are trying to build the best company in the world in the categories that they serve. They're not afraid to try something. And Thomas had great vision. He said, the color of money isn't going to change.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Scaling ServiceNow to $5BN in ARR | Leadership Lessons from Doug Leone, Frank Slootman and Bill McDermott | VC Value Add: Is it Real and Why the Worst VCs are "Seagull VCs"

The reason I picked Kotu out of all the firms I was looking at was they themselves are innovative. They themselves are entrepreneurial. They themselves are trying to build the best company in the world in the categories that they serve. They're not afraid to try something. And Thomas had great vision. He said, the color of money isn't going to change.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Scaling ServiceNow to $5BN in ARR | Leadership Lessons from Doug Leone, Frank Slootman and Bill McDermott | VC Value Add: Is it Real and Why the Worst VCs are "Seagull VCs"

It's going to be green in the case of the US dollar. But the way in which we can service our investments will have to change if we want to be world class. And so he went out and recruited guys like me and Dan and Karen and others to join the firm to make us different than everybody else who is just doing traditional growth investing.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Scaling ServiceNow to $5BN in ARR | Leadership Lessons from Doug Leone, Frank Slootman and Bill McDermott | VC Value Add: Is it Real and Why the Worst VCs are "Seagull VCs"

It's going to be green in the case of the US dollar. But the way in which we can service our investments will have to change if we want to be world class. And so he went out and recruited guys like me and Dan and Karen and others to join the firm to make us different than everybody else who is just doing traditional growth investing.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Scaling ServiceNow to $5BN in ARR | Leadership Lessons from Doug Leone, Frank Slootman and Bill McDermott | VC Value Add: Is it Real and Why the Worst VCs are "Seagull VCs"

It's going to be green in the case of the US dollar. But the way in which we can service our investments will have to change if we want to be world class. And so he went out and recruited guys like me and Dan and Karen and others to join the firm to make us different than everybody else who is just doing traditional growth investing.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Scaling ServiceNow to $5BN in ARR | Leadership Lessons from Doug Leone, Frank Slootman and Bill McDermott | VC Value Add: Is it Real and Why the Worst VCs are "Seagull VCs"

People are the difference makers. If you can get a group of people together who have a lot to prove, who really have the hunger to do something, that can really make the difference in a problem. And you've got to let them run at the problem.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Scaling ServiceNow to $5BN in ARR | Leadership Lessons from Doug Leone, Frank Slootman and Bill McDermott | VC Value Add: Is it Real and Why the Worst VCs are "Seagull VCs"

People are the difference makers. If you can get a group of people together who have a lot to prove, who really have the hunger to do something, that can really make the difference in a problem. And you've got to let them run at the problem.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Scaling ServiceNow to $5BN in ARR | Leadership Lessons from Doug Leone, Frank Slootman and Bill McDermott | VC Value Add: Is it Real and Why the Worst VCs are "Seagull VCs"

People are the difference makers. If you can get a group of people together who have a lot to prove, who really have the hunger to do something, that can really make the difference in a problem. And you've got to let them run at the problem.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Scaling ServiceNow to $5BN in ARR | Leadership Lessons from Doug Leone, Frank Slootman and Bill McDermott | VC Value Add: Is it Real and Why the Worst VCs are "Seagull VCs"

Now, the biggest lesson is you're there for a reason. It's to go talk to customers and impart your wisdom on the culture of the company. Every time you're in a city, don't waste any moments. If you're not having a dinner with a customer, have dinner with employees or partners. Understand that the time, the windshield time in a car with employees is valuable.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Scaling ServiceNow to $5BN in ARR | Leadership Lessons from Doug Leone, Frank Slootman and Bill McDermott | VC Value Add: Is it Real and Why the Worst VCs are "Seagull VCs"

Now, the biggest lesson is you're there for a reason. It's to go talk to customers and impart your wisdom on the culture of the company. Every time you're in a city, don't waste any moments. If you're not having a dinner with a customer, have dinner with employees or partners. Understand that the time, the windshield time in a car with employees is valuable.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Scaling ServiceNow to $5BN in ARR | Leadership Lessons from Doug Leone, Frank Slootman and Bill McDermott | VC Value Add: Is it Real and Why the Worst VCs are "Seagull VCs"

Now, the biggest lesson is you're there for a reason. It's to go talk to customers and impart your wisdom on the culture of the company. Every time you're in a city, don't waste any moments. If you're not having a dinner with a customer, have dinner with employees or partners. Understand that the time, the windshield time in a car with employees is valuable.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Scaling ServiceNow to $5BN in ARR | Leadership Lessons from Doug Leone, Frank Slootman and Bill McDermott | VC Value Add: Is it Real and Why the Worst VCs are "Seagull VCs"

Don't be distracted by your phone or your social media. Talk to them about their lives. Talk about their hopes and dreams. And what you find is people are fairly aligned. We all have similar hopes and dreams. We may want to get there a little differently, but it's financial security for our families, doing interesting work, maybe get promoted, taking a couple of vacations a year.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Scaling ServiceNow to $5BN in ARR | Leadership Lessons from Doug Leone, Frank Slootman and Bill McDermott | VC Value Add: Is it Real and Why the Worst VCs are "Seagull VCs"

Don't be distracted by your phone or your social media. Talk to them about their lives. Talk about their hopes and dreams. And what you find is people are fairly aligned. We all have similar hopes and dreams. We may want to get there a little differently, but it's financial security for our families, doing interesting work, maybe get promoted, taking a couple of vacations a year.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Scaling ServiceNow to $5BN in ARR | Leadership Lessons from Doug Leone, Frank Slootman and Bill McDermott | VC Value Add: Is it Real and Why the Worst VCs are "Seagull VCs"

Don't be distracted by your phone or your social media. Talk to them about their lives. Talk about their hopes and dreams. And what you find is people are fairly aligned. We all have similar hopes and dreams. We may want to get there a little differently, but it's financial security for our families, doing interesting work, maybe get promoted, taking a couple of vacations a year.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Scaling ServiceNow to $5BN in ARR | Leadership Lessons from Doug Leone, Frank Slootman and Bill McDermott | VC Value Add: Is it Real and Why the Worst VCs are "Seagull VCs"

Those are the things that tend to be the most common. And you can really sink into that with everybody.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Scaling ServiceNow to $5BN in ARR | Leadership Lessons from Doug Leone, Frank Slootman and Bill McDermott | VC Value Add: Is it Real and Why the Worst VCs are "Seagull VCs"

Those are the things that tend to be the most common. And you can really sink into that with everybody.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Scaling ServiceNow to $5BN in ARR | Leadership Lessons from Doug Leone, Frank Slootman and Bill McDermott | VC Value Add: Is it Real and Why the Worst VCs are "Seagull VCs"

Those are the things that tend to be the most common. And you can really sink into that with everybody.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Scaling ServiceNow to $5BN in ARR | Leadership Lessons from Doug Leone, Frank Slootman and Bill McDermott | VC Value Add: Is it Real and Why the Worst VCs are "Seagull VCs"

I went from wanting to be liked to wanting to be respected. And that was a very important lesson as I went from an individual contributor to a manager to a leader. You know, respect is something that's earned. That's the most important thing.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Scaling ServiceNow to $5BN in ARR | Leadership Lessons from Doug Leone, Frank Slootman and Bill McDermott | VC Value Add: Is it Real and Why the Worst VCs are "Seagull VCs"

I went from wanting to be liked to wanting to be respected. And that was a very important lesson as I went from an individual contributor to a manager to a leader. You know, respect is something that's earned. That's the most important thing.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Scaling ServiceNow to $5BN in ARR | Leadership Lessons from Doug Leone, Frank Slootman and Bill McDermott | VC Value Add: Is it Real and Why the Worst VCs are "Seagull VCs"

I went from wanting to be liked to wanting to be respected. And that was a very important lesson as I went from an individual contributor to a manager to a leader. You know, respect is something that's earned. That's the most important thing.