anthemos georgiades net worth

I think if you set these expectations from the very beginning that are super important. Thats just part of the game. And your cap table I mean as I was reviewing I just felt as I was looking at the Oscars of Silicon Valley, the red carpet. In terms of investors, I guess two comments. That is where your focus is and even though you kind of missed doing some of the stuff and the weeds and my team continue to tell me to get away from the weed and continue to [36:12] the 50,000 set, you have to let it go and trust your team to do a better job than you were doing. We both had ideas to be entrepreneurs but neither of us have the guts to actually go for it. Get 5 free searches. 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 June 12, 2022 . It has to be me and thats how I started the company six years ago after business school. anthemos georgiades net worth. We have like four people at the company for the first year or maybe five for the first year and so theres so much to do and theres so little time and few resources that you actually theres no real intellectual whiteboarding session that you do to carve out rose. I dont think theres a startup I could have launched that taught me more. So the majority of that is still in the bank but yeah, we raised money in capital [12:00]. Yeah. So you kind of just have to [25:29] but just to be clear yeah, we had far more nos than yeses at the seed round. And I mean its quite a few cofounders. I mean to a point network gets you an intro but a lot of intros are 10 minute meetings where the VC immediately decides its not for them which is totally fair. How many listings do we have on the site? For us, I think they fully understand the entrepreneurial journey and were really excited to have them on board. Vishal Makhijani President & COO. And then as we looked at the C round, Axle Springer are fantastic good example [19:59]. And as you know as and your listeners know, youre going to get a lot of nos on the way. I mean if you could give some kind of like tips you know both fronts it would be really fantastic. So thats how Zumper got started. How autonomous can people be at the junior levels? They are brilliant about. Anthemos Georgiades: Yeah. Im so glad I did it. Alejandro: Got it. In the early days we love the exposure to Silicon Valley investors. Youll get terms sheets and yeses hopefully quicker than that but this process takes a while and as the money increases and a few rounds become more complicated, it can take more than three months as well. Alejandro Cremades leads the vision and execution for Panthera Advisors as its Co-Founder and. You look at your cofounders and you know that they understand that and that theyre not freaking out, that is where you build real institutional culture and then you try and grow that across the team. They wanted to close apartments like they book a hotel and so took the status of like 35 different apartments we leased using the technology in San Francisco to VCs and said, Hey, were really going to rebuild all of this but heres some data that shows this really can work at scale, and thats how we raised the first million dollars from some of the names that you mentioned. Yes, weve raised $90 million in capital including a series C that we just closed three months ago. Got it. Oh wow, good question. It just really helps to divide and conquer like that while I was meeting new investors again. Alejandro: Alrightee. anthemos georgiades net worth. 1. Anthemos Georgiades: Yeah. Anthemos and Russell met in London while working at a consulting company back in 2006, but it was after they moved to the U.S and experienced the pain of finding a place to live that they decided to found Zumper along with Taylor Glass-Moore and Leah Jones. Get a custom action plan and all the help that you need to start raising more capital. Of course. And the biggest change in the series C I just raised versus in the early days is having a CFO. So you acquire not long ago Pat Mapper and how did this come together? 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. Great question. So that was great. It is ultimately the culture. We both had ideas to be entrepreneurs but neither of us have the guts to actually go for it. [06:54] the early days and it worked where there was just all hands to the pump. And then at business school, I think the single biggest thing I learned through the case study method which is how they teach it at Harvard Business School but I think its true. I was also doing, Ive been doing marketplaces for I think like 10 years now and I remember in the last company, I would go and meet with investors and they kept asking me for the chicken and the egg. In many instances, really acquisitions are great to either feel growth on the company itself, either on the product or perhaps by adding a great talent, but unfortunately many M&A transactions fail really on the integration side of things. 1. Could you meet him? And so whereas that doesnt guarantee any success we obviously have to have really good numbers and a really good story to tell them. And it is the culture that keeps people here, not the compensation or anything else. [06:54] the early days and it worked where there was just all hands to the pump. Zumper has 7 current employee profiles, including CEO and co-founder Anthemos Georgiades. 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. I kind of looked through in Crunchbase which connections I have into which fund. It was like $46 million. Got it. Anthemos Georgiades is the co-founder and CEO of Zumper, the largest startup in the rental industry, used by more than 26 million renters last year alone. And frankly, the process is a pain in the ass. Alejandro: Got it. Originally from London, he has an MBA from Harvard Business School, MPhil from the University of Cambridge, and BA from the University of Oxford. Got it. Alejandro: Got it. Anthemos Georgiades. So the way we monetize this is we either monetize the landlord mainly and we either charge them to leads. They were [sexy 23:47] company and really fantastic fundraisers but the rounds just take a long time, due diligence take a long time. Your job is to raise capital and your job is to kind of hire and retain the best talents. Got it. 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: Yeah. Its just part of the game and it doesnt [24:30]. I mean to a point network gets you an intro but a lot of intros are 10 minute meetings where the VC immediately decides its not for them which is totally fair. So that was great. How flat is the company? When you look your cofounders, your team in the eye and you know theyre ready to go and theyre resilient and they come back in to build and try the next thing and youve kind of worked out together this is part of the game. Since 2012, Anth has grown Zumper to over 100 employees and raised $90 million in venture capital for the company. 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. Budget in my opinion perhaps should be allocated to something else. Its hard. Anthemos Georgiades, Zumper, European Founder, International Founders, Marketplace The process of renting apartments hasn't changed since Craigslist was introduced. So I learned a lot from a few companies that I loved, a few companies that I thought are doing crazy things I learned so much. We envisioned a world in which a renter can find apartments, book in [tour 10:18], turn up the [10:21] and if they want to take the apartment pre-qualify, leave a deposit and book the apartment. Meaning hey, we send you a ton of leads this month that close in to leases. I have no experience doing that. So thats how Zumper got started. hendrick motorsports hats; anthemos georgiades net worth Anthemos Georgiades: Yeah. It was just purely hustling my network for six months to find people who are really great cultural fit but also have very different skill sets to the one I have. You look at your cofounders and you know that they understand that and that theyre not freaking out, that is where you build real institutional culture and then you try and grow that across the team. You know its interesting that you mentioned the chicken and the egg. Got it. I mean I called it like a cheat [33:33] my team. So what was that process like you were talking about, yes, your network of Harvard but can you share with us like what was that process of landing Kleiner on your seed round? For Zumper's Georgiades, many Florida markets, such as Fort Lauderdale, Miami, Orlando, and Tampa, have been the big pandemic winners. Anthemos Georgiades is the CEO of <a href="http://zumperblog.kinsta.cloud">Zumper</a>. Its a Greek name, British accent. Your third month is getting kind of diligence done and getting the wires in to the door. So the way we monetize this is we either monetize the landlord mainly and we either charge them to leads. Like what have you seen that really works? Got it. So we tell the small landlords, Hey, dont just advertise in Zumper. We both wanted to be entrepreneurs. Anthemos Georgiades: Yeah. glendale, az police activity today; archer lodge middle school calendar. Got it. So M&A are strategic [33:48]. He remains a huge Tottenham Hotspur fan, and wakes up painfully every Saturday morning to tune into the live English soccer games. Every company is completely different and theres no gold standard. His passion for relieving the stress for others in apartment rentals has given birth to a venture which has now raised $90 million, has experienced tremendous growth, and boasts a VC line up of some of the most prized investors in Silicon Valley. Your second month you spend getting term sheets and documents signed. 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. Got it. Were going to charge you per lead or for the smaller landlords we charge them if theyre [11:15] for the transaction. 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. And so as you mature you look for a different kind of investor and that naturally tends to happen. At college in the UK, Ive had like multiple [00:58] renting apartments. I have no experience doing that. Im the CEO and Ive always felt that it was my responsibility to do the fundraising. So we bought them. 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. I think at that stage it makes sense. Subscribe: Google Podcasts | Spotify | Stitcher | TuneIn | RSS | More. 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. Yeah. Whats your story and most importantly, how did you get started with the entrepreneurial bug? Weve only been working with Axle Springer for four months now but they are fantastic. I was really impressed when because its not hard, its almost impossible to land VC such as Kleiner Perkins on literally your first financing round, the seed round. 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. So in terms of timeline, you were mentioning that the C round, you guys closed this 46 million a couple of months ago. At series A, you got to show product market set in a sub vertical. I knew the CEO for a while. Alejandro: Of course. Zumper Board Member Related Hubs They are the two ways that Zumper currently monetizes them and there are two folks that [11:35]. 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? I was just talking to a friend of mine about this. So when you go in to a fundraising in terms of preparation the most important thing is that your last six months are great and your most important metrics are all growing really nicely so kind of five, six months in a row that is a fantastic story to tell to an investor. 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. So I guess in just to like follow up on that, what in your mind and obviously in what youve seen creates really that magical relationship between cofounders? Oh yeah, on the seed round back in 2012, we had probably five investors come in to the seed round so we kind of had five yeses who put in small checks. For a winning deck, take a look at the pitch deck template created by Silicon Valley legend, Peter Thiel (see it here) that I recently covered. Its not about the ski trips and any of that you know. For every successful fundraise, every single company have a lot of nos. Anthemos Georgiades: Yeah. Additionally, Anthemos Georgiades has had 2 past jobs including Consultant at The Boston Consulting Group. Of course and I agree with you there, Anthemos. Saying that to your point, we see the deal was a successful and yet M&A is really hard to integrate. So I guess what was the timeline of this C round compared to perhaps your seed round of 2012? Yeah. 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 looks better for investors and it makes your life easier. You can set the expectations and then see what happens and if its not a good fit upfront, you can go with the different option on the table. Get Anthemos Georgiades's email address (a*****@zumper.com) and phone number (646398..) at RocketReach. Anthemos Georgiades CEO at Zumper United States 4K followers 500+ connections Join to view profile Zumper Harvard Business School Websites Websites Company Website http://www.zumper.com Company. 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. Remember to unlock for free the pitch deck template that is being used by founders around the world to raise millions below. Now we have supply so the six months curve at the series B was all about users and millions of monthly users and then at the series C it was much more revenue curve. The one unifying theme in every fundraising Ive run is momentum. Anthemos Georgiades. Anthemos was an undergrad at Oxford when he noticed how problematic renting an apartment . You start to build depth and management structures. Never thought Id be an entrepreneur. You are going to get a bunch of nos so I wouldnt rule people out too early. We raised like a million dollars in seed money, that was running out so we tried various things that didnt work and I think the fabric of our culture that is still true today when we have a hundred people is built in the dark days and those days where your stuff is not working, your users arent growing, and how you look at your teammates and how you guys turn up on a Monday morning after a really crappy week the week before where maybe someone quit or maybe the metrics went south. A lot of business schools was how to make decisions with imperfect information. Absolutely. Its a good question. Anthemos Georgiades: Yeah. The company was incorporated in California, Texas, and Florida ten years ago. I think if you set these expectations from the very beginning that are super important. Ill set the first couple of meetings often alone but its been wonderful as weve grown our executive team to be able to bring like our VP of sales, our head of grow, our CPO in to the meetings afterwards when they want to meet the team. In terms of the dynamics, I think in the early days, you kind of through osmosis graduate towards like the things that are important. I was really impressed when because its not hard, its almost impossible to land VC such as Kleiner Perkins on literally your first financing round, the seed round. And we built this website using an outsource development shop in Europe that just tested one assumption of the end game which was can we get users in 2011, 2012 just as mobile was coming online to apply and close apartments from their phone. He was with HBS 10 years ago. So we have several million users using our platform every month now which is great and next year we wanted tens of millions of users a month and were poised to doing that. Hes raising money now. I'm so proud of my wife Lucy Georgiades and her cofounder Lindsey Nehls on launching their business Elevate Academy today. My friend have had to camp out overnight outside the property management office to get access to the new apartment and this is [01:09] you know things coming online, you can order a cab via phone, you can book a hotel online. They take every, some people go and warm theirif you have a brilliant idea, theyd be crazy not to take it and then their entire value is obviously give you a three month program and then at the end expose you to liek 40 investors. Got it. Zumper CEO & Co-Founder Anthemos Georgiades makes renting an apartment as easy as booking a hotel, shares insights on monetizing marketplaces, diversifying r. 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. There was no book [01:41]. 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. Well, first of all, your point about quashing the egg and shooting the chicken. Saying that to your point, we see the deal was a successful and yet M&A is really hard to integrate. It just really helps to divide and conquer like that while I was meeting new investors again. rex harrison audrey hepburn relationship. Rental listing startup with more than 26 million users. 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. So you kind of just have to [25:29] but just to be clear yeah, we had far more nos than yeses at the seed round. I knew the CEO for a while. So I saw for example Axle Springer which is you know more kind of like the corporate. Got it. After that, it changed to more consumer. So our CFO is fantastic and what he was able to bring to the series C was real credibility where I meet the investors, get them excited about our vision and our story and then they spend hours with the CFO on the second or third meeting digesting our historical financial as were talking about where were headed. So you still have to land it and once youre on the door it doesnt matter where you come from you have to have something good. At scale you get to do that and have those teams. Its really built in the dark days of when stuff is really difficult and I think Zumpers culture now is we have a lot of users still remembers and its a testament to those dark days and we never take anything for granted. Anthemos Georgiades: Yeah. And investors love that story because its easy to believe that you can continue to do that. 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. He was with HBS 10 years ago. It seemed crazy that the real estate industry wasnt moving towards on demand. And we built this website using an outsource development shop in Europe that just tested one assumption of the end game which was can we get users in 2011, 2012 just as mobile was coming online to apply and close apartments from their phone. Got it. So for Zumper our vision as I mentioned was to make renting an apartment as easy as booking a hotel and so instead of going in with just an idea, I built like a really crappy version of the end game that I wanted to build. The one unifying theme in every fundraising Ive run is momentum. It is not suppose to be easy. The reality is often in the early stages, youre going to want to take all the capital thats given to you and you may not have multiple term sheets. 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. 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.

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