Meka Asonye is a Companion at First Spherical Capital primarily based in San Francisco. Earlier than transferring into enterprise, Meka was an lively angel investor backing firms corresponding to Coda, Alchemy, Rimeto (acq. by Slack), Snackpass and Stytch. Beforehand, he served because the VP of Gross sales & Companies at Mixpanel, the place he ran the greater than 100-person international income group. Earlier than Mixpanel, Meka spent 4 years at Stripe and scaled and matured its gross sales group throughout the firm’s speedy progress from 250 to 2000 individuals. Previous to becoming a member of Stripe, Meka served as Case Staff Chief at Bain in San Francisco, partnering with the C-Suites of Fortune 50 firms throughout completely different verticals. Meka began his profession working in Participant Improvement & Baseball Operations for the Cleveland Indians. Meka earned a Bachelor of Arts diploma cum laude in Economics and Finance from Princeton and his MBA from Harvard Enterprise College
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What you’ll study
- Long run orientation for lead distribution at Stripe
- Investing within the individual, after which the product, is most vital in angel investing
- Finest tricks to begin out in angel investing
- Compensation buildings that early stage firms ought to implement
Highlights
(3:44) How Meka began his profession in participant growth and baseball ops for the Cleveland Indians
(8:50) Meka’s greatest challenges throughout his time at Stripe because the Head of Gross sales
(10:15) How the SMB group measured success at Stripe and the way it developed through the years
(13:14) Balancing lead distribution at Stripe
(16:28) Practising “Dumpster Diving” at Stripe
(18:00) Organising long run incentive buildings at Stripe
(22:48) How Meka started angel investing
(28:10) What Meka discovered from his first angel investing expertise
(36:22) The easiest way to start out out in angel investing
(39:42) Why conventional gross sales compensation fashions at early stage firms is flawed
(42:00) The significance of training your clients successfully via every contact
Quotes
One of many issues I search for out of founders is business orientation.
I knew just a little bit about what he was constructing however I actually simply made a wager on the individual.
What makes you cash and loses you cash is the founder.
Hyperlinks and Sources
Meka’s LinkedIn: https://www.linkedin.com/in/mekaasonye/
Meka’s Twitter: https://twitter.com/BigMekaStyle
Mekas’s Electronic mail: Meka@fristround.com
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