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  • S12E5: Bootstrapping to Billions in Corporate Travel with Elia Wallen, Founder and CEO of Engine
    2025/05/06

    In this episode, we are joined by Elia Wallen, Founder and CEO of Engine (formerly Hotel Engine), the B2B travel booking platform that's streamlining how businesses manage their travel needs. From its origins as an internal tool for Elia's previous company, Travelers Haven, to becoming a $2.1 billion company, Engine has carved out a significant niche by focusing on serving SMBs with a frictionless approach to corporate travel management.

    In this conversation, Elia shares his unconventional path from dropping out of college to founding multiple businesses, including the fascinating story of how Engine began as a side project that he almost shut down several times. We explore his philosophy of maintaining "strong conviction loosely held," his approach to fundraising (including a nail-biting near-miss with payroll), and why staying focused on doing one thing extremely well before expanding was crucial to Engine's success. Elia also offers valuable insights on bootstrapping versus raising capital, building in a non-tech hub, and why eliminating friction for customers has been central to Engine's competitive advantage in the crowded travel tech space.

    (00:00) Introduction
    (04:20) Where did Elia grow up and how did that shape his view of the world?
    (04:42) Why did growing up in Naples push Elia to succeed?
    (05:32) Did Elia always think he was going to become a founder?
    (06:28) How did earlier founding experiences shape his view of leadership?
    (07:28) What is Engine's core product?
    (08:51) How does someone break into the corporate travel space?
    (10:05) How did Elia think about scaling the go-to-market motion?
    (11:59) How did Elia position Engine as it scaled?
    (13:55) How did Elia and his leadership team discern which was the right scaling direction to go?
    (15:57) How does a founder balance extreme focus while managing two businesses?
    (18:29) How was building a company in Denver, and what prompted the decision to move to the Bay Area?
    (20:42) How did fundraising begin for Engine?
    (22:40) What is a moment when things didn't go as planned during Elia's founder journey?
    (25:41) How did Engine think about building out both the integration suite and the business model?
    (28:25) How will AI affect Engine's business model and policies?
    (30:07) How is Engine thinking about diversifying customer benefits?
    (31:35) How is Elia feeling about corporate travel as a sector for growth and opportunity?
    (32:04) Where does Elia think Engine and he will be in five years?
    (33:20) Who is a woman in Elia's life that has had a profound impact on him and his career?

    For The Room Podcast in your inbox every week, subscribe to our newsletter.
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    Brought to you by Perkins Coie and Mercury.*
    *Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust; Members FDIC.

    WX Productions

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    35 分
  • S12E4: The New Developer Experience with Factory Co-Founders, Matan Grinberg & Eno Reyes
    2025/04/29

    Welcome back to The Room Podcast! In this episode, we sit down with Matan Grinberg and Eno Reyes, co-founders of Factory, a company building the command center for software development. With backgrounds in physics and computer science, this dynamic duo is unifying all engineering contexts from GitHub to Notion, empowering product and engineering teams to collaborate with autonomous AI systems. Their impressive journey has already attracted $20 million in funding from Sequoia, Lux Capital, and Mantis Ventures, positioning them at the forefront of the AI-native movement.

    During our conversation, Matan and Eno share their unexpected journey from Princeton classmates who barely interacted to co-founders who launched their company just eight days after reconnecting at an AI hackathon. They dive deep into how AI is shifting the center of gravity in software development from coding to understanding and planning, the challenges of enterprise adoption, and why they believe we're currently at "the lowest number of developers that will ever be for the rest of human history." Their insightful perspectives on building an AI-native company and transforming developer workflows offer valuable lessons for founders navigating the rapidly evolving AI landscape.

    (00:00) Introduction
    (03:56) Where did Matan and Eno grow up, and how did it shape their worldview?
    (06:29) Did Eno always think he'd become a founder?
    (07:01) Was it inevitable that Matan and Eno would start something together?
    (07:36) How did Matan and Eno end up in this room today?
    (09:15) Was it inevitable for them to start a company together after meeting at Princeton?
    (11:26) Did Matan always see himself becoming a founder?
    (11:33) How did Factory come to life after they reconnected?
    (16:05) Did the Factory demo work for their Sequoia pitch?
    (16:32) What was in Factory's original deck and demo?
    (18:29) What was the biggest challenge in getting developers to use Factory?
    (20:22) How does the Factory team see AI shaping the role of developers in the next five years?
    (22:04) What was Factory's go-to-market strategy and first big customer win?
    (30:06) What fundraising advice do they have for AI founders looking to raise a Series A?
    (32:19) What does it mean to be AI-native from Factory's perspective?
    (37:59) What inefficiencies did they see in developer workflows before starting Factory?
    (40:00) Does Factory care about chip technology like Nvidia versus Traum?
    (42:09) Where do they see Factory in five years?
    (45:06) Is Factory hiring?
    (45:31) What are they most excited about on Factory's roadmap?
    (49:18) Who is a woman that had a profound impact on Matan and his career?
    (50:33) Who is a woman that had a profound impact on Eno and his career?

    For The Room Podcast in your inbox every week, subscribe to our newsletter.
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    Don't forget to subscribe to our channel on YouTube, Spotify, and Apple Music!

    Brought to you by Perkins Coie and Mercury.*
    *Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust; Members FDIC.

    WX Productions

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    54 分
  • S12E3: The Road to Driverless Vehicles with Tiancheng Lou, Co-Founder of Pony AI
    2025/04/22

    This week, we're excited to speak with Tiancheng Lou, Co-Founder and CTO of Pony AI, a leading autonomous vehicle technology company that went public in November 2024. As a two-time Google Code Jam champion and former engineer at both Google X and Baidu's Autonomous Driving Division, Tiancheng brings exceptional technical expertise to his pioneering work in developing driverless technology with over 40 million kilometers of autonomous driving testing.

    In this episode, Tiancheng shares fascinating insights into the evolution of autonomous vehicle technology, explaining the difference between level two and level four autonomy and why highway driving is more challenging than city driving for AI. We explore Pony AI's virtual driver technology, their approach to commercialization, and how they're training AI through imitation learning and reinforcement learning in virtual environments. Tiancheng also offers valuable advice for founders on balancing technical ambition with market realities, the importance of finding the right co-founder with aligned visions, and why success can't be copied but failures can be avoided. Tune in for a deep dive into the future of transportation and the journey of building a billion-dollar autonomous technology company.

    (00:00) Introduction
    (04:09) Where did Tiancheng grow up, and how did that shape his view of the world?
    (04:43) Did Tiancheng always think he would become a founder?
    (05:11) How did Tiancheng's competitive programming background influence his approach to tech?
    (06:08) How did Tiancheng find out about these competitive programming competitions?
    (08:46) How did Tiancheng get into the autonomous vehicle space?
    (11:22) What advice would Tiancheng give listeners on how to break into the autonomous tech space?
    (13:16) What was the "aha moment' when Tiancheng realized he wanted to start Pony.ai?
    (14:54) What were the differences between the American and Chinese autonomous vehicle industries?
    (16:25) What is setting the new virtual driver technologies apart?
    (18:06) What sets the technologies for autonomous trucks and taxis apart from average consumer cars?
    (20:56) How do you prepare an autonomous car for unexpected events that may happen on the road?
    (23:24) When did Tiancheng first put an autonomous car on the road?
    (24:02) How have consumer reviews been of Pony.ai vehicles?
    (26:15) How does Pony.ai prioritize their developments?
    (29:23) Who was the first person to say yes to investing in Pony.ai?
    (31:02) What advice does Tiancheng have for first-time founders?\
    (32:30) How does Pony adapt to different regulatory environments across markets?
    (34:40) How important is mass production and scaling of autonomous vehicles to Pony.ai and the overall industry?
    (36:01) Are we now in the commercialization era of Robo Taxis?
    (37:05) Is there an amount of autonomous driving data or a certain metric that Pony.ai aims to collect?\
    (40:27) What are Tiancheng's thoughts on the future of AI?
    (42:03) What are Tiancheng's thoughts on Deep Seek?
    (43:41) What's the next market Pony.ai will be launching in, and what are their goals for global market expansion?
    (44:19) What's next for Tiancheng personally?
    (44:44) Who is a woman in Tiancheng's life that had a profound impact on him and his career?

    For The Room Podcast in your inbox every week, subscribe to our newsletter.
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    Check out our guide to podcasting here!
    Don't forget to subscribe to our channel on YouTube, Spotify, and Apple Music!

    Brought to you by Perkins Coie and Mercury.*
    *Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust; Members FDIC.

    WX Productions

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    48 分
  • S12E2: Supercharging Sales Teams Using AI with Alexa Grabell, Co-Founder of Pocus
    2025/04/15

    In this episode, we're joined by Alexa Grabell, Co-Founder and CEO of Pocus, a company revolutionizing how sales teams work by creating AI agents that supercharge sales representatives. Pocus has developed a suite of tools that combine internal and external data to help sales teams identify opportunities, prepare for calls, and close deals more effectively, generating over half a billion dollars in pipeline for their customers in a single quarter.

    During our conversation, Alexa shares her journey from consulting at KPMG to Stanford Business School and eventually founding Pocus with her co-founder, Isaac, through the Lean Launchpad program. She offers valuable insights on building a sales team, navigating design partnerships, fundraising strategies for B2B startups, and the evolving landscape of AI-powered sales tools. Alexa also candidly discusses the challenges of being a female founder, the importance of finding community among peer founders, and how her mother's entrepreneurial spirit influenced her own path. Whether you're building a sales team, raising capital, or are interested in how AI is transforming business workflows, this episode delivers practical wisdom from someone who's successfully navigated these waters.

    (00:00) Introduction
    (03:52) Where did Alexa grow up and how did that shape her view of the world?
    (05:12) Did Alexa always think she was going to become a founder?
    (06:26) How were Alexa's experiences at Vanderbilt and KPMG?
    (08:07) Why did Alexa choose to go to business school after college?
    (09:07) How did Alexa's time at GSB encourage her to try becoming a founder?
    (12:41) What was the moment that made Alexa want to start Pocus?
    (14:06) How did Alexa navigate conversations with peers to find the right fit for a business partner?
    (15:56) What is the core product of Pocus?
    (17:27) How did Pocus successfully sell its product in the beginning?
    (18:45) What advice does Alexa have for founders in the design partnership phase?
    (21:16) How is Pocus helping move data from "Point A" to "Point B"?
    (22:34) Who was the first person to say "yes" to investing in Pocus?
    (23:18) What's a fundraising hot-take that Alexa has?
    (24:08) What advice does Alexa have for B2B founders raising their A?
    (25:41) How is Poucs thinking about and utilizing AI?
    (27:41) What can go wrong when building a marketing team?
    (28:59) What advice does Alexa have for PLG or B2B founders who might not feel comfortable in sales?
    (30:15) How should founders be thinking about the AI sales tool space and the modern tech stack?
    (31:56) How has the necessary startup capital changed over time?
    (33:06) What was a moment in founding Pocus when things didn't go as planned?
    (35:59) How has the experience of being a woman founder changed over time?
    (40:22) What's coming up for Pocus and for Alexa?
    (41:13) Who is a woman that has a profound impact on Alexa and her career?

    For The Room Podcast in your inbox every week, subscribe to our newsletter.
    Follow us on Instagram
    Follow us on TikTok
    Check out our guide to podcasting here!
    Don't forget to subscribe to our channel on YouTube, Spotify, and Apple Music!

    Brought to you by Perkins Coie and Mercury.*
    *Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust; Members FDIC.

    WX Productions

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    44 分
  • S12E1: Building Global Trade Infrastructure with Ryan Petersen, Founder and CEO of Flexport
    2025/04/08

    Welcome back to another season of The Room Podcast! To kick off season 12, we are joined by Ryan Petersen, Founder and CEO of Flexport, the revolutionary digital freight forwarder transforming how goods move around the world. Launched in 2013, Flexport combines technology and logistics expertise to bring transparency and efficiency to the complex world of global trade, having grown to become the third-largest American company in the ocean freight industry.

    In this episode, Ryan takes us through his entrepreneurial journey, from his early days running an e-commerce business importing Chinese motorcycles to identifying the massive inefficiencies in international shipping that led to Flexport's creation. We dive into fascinating topics like building a company that combines tech talent with logistics veterans, navigating highly regulated international markets, and leveraging AI to transform an industry that still largely runs on email attachments. Ryan also shares valuable insights on fundraising strategies, responding to tariff changes, and maintaining resilience through unprecedented global disruptions like the pandemic and shipping crises. Tune in for a master class in spotting industry-wide inefficiencies and building a venture-scale business that's reshaping global trade.

    (00:00) Introduction
    (04:17) Where did Ryan grow up and how did that shape his view of the world?
    (06:08) Did Ryan always think he would become a founder?
    (07:30) What was Ryan's experience prior to Flexport, after Berkeley and Columbia?
    (13:05) What was it like doing business in China in the early 2000s?
    (16:447) How did Ryan go from observing inefficiencies to creating Flexport's first product?
    (20:11) What's Ryan's advice on when founders should say no to customers?
    (25:05) When did Ryan know to hire supply chain experts versus engineers?
    (27:20) Who was the first person to invest in the Flexport vision?
    (35:10) How did Flexport navigate the highly regulated logistics market early on?
    (37:19) What key tech bets shaped Flexport's path in the early days?
    (43:04) What's Ryan's view on AI in the logistics workforce?
    (49:44) How is Ryan thinking about the shifts in the US tariff market?
    (54:40) How has Ryan handled uncertainty as a founder through unprecedented times?
    (58:26) Who is a woman who has had a profound impact on Ryan and his career?

    For The Room Podcast in your inbox every week, subscribe to our newsletter.
    Follow us on Instagram
    Follow us on TikTok
    Check out our guide to podcasting here!
    Don't forget to subscribe to our channel on YouTube, Spotify, and Apple Music!

    Brought to you by Perkins Coie and Mercury.*
    *Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust; Members FDIC.

    WX Productions

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    1 時間 1 分
  • S11E9: A Law Firm for Founders with Agatha Kluk and Sonia Farber, Co-Founders of Kluk Farber Law, Now Part of Perkins Coie (Bonus Holiday Episode)
    2024/12/19

    In this special holiday episode of The Room Podcast, we sit down with Agatha Kluk and Sonia Farber, the co-founders of Kluk Farber Law (now part of Perkins Coie), a specialized law firm dedicated to supporting innovative founders and startups. Their firm provides strategic legal guidance to entrepreneurs navigating the complex landscape of building and scaling companies.

    This candid conversation takes us through the evolution of their practice, from its founding in 2017 to its strategic partnership with Perkins Coie. Throughout our discussion, we explore the intersection of law and entrepreneurship, highlighting how the right legal partnership can empower founders to achieve their vision. At its core, Kluk Farber Law provides comprehensive legal services tailored specifically for startups and emerging companies.

    Key topics in this episode include strategic guidance for company sales and earn-out negotiations, balancing tech automation with historically successful advisory services, and AI regulation and compliance considerations.

    (00:00) Introduction

    (05:07) Where did Agatha and Sonia grow up and how did that shape their view of the world?

    (07:10) Did Agatha and Sonia grow up thinking they would be founders and lawyers?

    (08:44) How did Agatha and Sonia find themselves at the intersection of law and tech?

    (12:24) How did Agatha and Sonia meet?

    (13:02) What made Agatha and Sonia want to work together?

    (19:29) What was the original goal of the firm that Agatha and Sonia started?

    (21:22) What is the most common pitfall founders face when fundraising from VCs and, what are some of the mistakes to look out for when selling your company?

    (23:48) Who or what is a memorable client or case that stands out from the first few years of working together?

    (29:17) What encouraged Agatha and Sonia to say yes when being acquired in 2022?

    (32:17) What is something that is not discussed enough when it comes to acquisition?

    (34:19) How is tech affecting the legal sector, specifically for Agatha and Sonia?

    (36:35) How do Agatha and Sonia feel about the current proposed AI regulations?

    (39:28) Do Agatha and Sonia fund or support the founding of a venture firm?

    (40:42) Are Agatha and Sonia bullish or bearish on first-time fund managers in today's market?

    (47:06) Who is a woman in Agatha and Sonia's lives that has had a profound impact on them and their careers?

    For The Room Podcast in your inbox every week, subscribe to our newsletter.
    Follow us on Instagram
    Follow us on TikTok
    Check out our guide to podcasting here!
    Don't forget to subscribe to our channel on YouTube, Spotify, and Apple Music!

    Brought to you by Perkins Coie and Mercury.*
    *Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust; Members FDIC.

    WX Productions

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    51 分
  • S11E8: From Bootstrapping to SaaS Industry Leader with Wade Foster, Co-Founder of Zapier
    2024/11/19

    Welcome back to another episode of The Room Podcast! This week, we’re thrilled to chat with Wade Foster, CEO and Co-Founder of Zapier, the tool that’s revolutionized workflows by making automation accessible to anyone. Zapier helps businesses and individuals connect the apps they rely on, creating seamless integrations that save time and boost productivity.

    In this episode, Wade takes us through Zapier’s origins, its flagship no-code-needed automation platform, and how the company has carved out a niche as the go-to solution for streamlining business processes. We also dive into fascinating topics like growing a fully remote team before it was trendy, navigating the unique challenges of bootstrapping in a venture-driven world, and the surprising lessons Wade learned while literally counting telephone poles during a college internship. Tune in for insights on building impactful products, a behind-the-scenes look at Zapier's innovative culture, and a glimpse into what it takes to lead one of today’s most versatile SaaS companies.

    (00:00) Introduction

    (04:53) Where did Wade grow up and how did that shape his view of the world?

    (06:08) Did Wade always think he was going to become a founder?

    (07:01) How did Wade develop an interest in entrepreneurship?

    (09:58) Why was Wade's first internship so impactful?

    (12:31) How did Wade meet his cofounders and come up with the idea for Zapier?

    (14:24) How was Wade's experience at YC?

    (15:38) What lessons has Wade learned about marketing and sales tactics?

    (16:53) What advice does Wade have for founders entering YC to maximize their experience?

    (22:09) What were some moments when Wade realized they were onto something with Zapier?

    (22:42) What advice would Wade give to founders looking to grow in today's market conditions?

    (25:36) What's a memorable moment from the founding journey of Zapier?

    (27:08) How did Zapier scale while maintaining authenticity to its core values?

    (30:37) What is Zapier's core product?

    (32:07) How has the business model of Zapier scaled alongside the product?

    (35:24) What lessons has Wade learned on pricing and packaging B2B SaaS products?

    (37:58) How is Zapier thinking about the future of their business?

    (39:35) What is Zapier's view on how AI and automation are coming together?

    (42:57) What are some things Zapier customers can look forward to in 2025?

    (44:02) What is Wade personally excited about for the near future?

    (44:19) Who is a woman in Wade's life who has had a profound impact on him and his career?

    For The Room Podcast in your inbox every week, subscribe to our newsletter.
    Follow us on Instagram
    Follow us on TikTok
    Check out our guide to podcasting here!
    Don't forget to subscribe to our channel on YouTube, Spotify, and Apple Music!

    Brought to you by Perkins Coie and Mercury.*
    *Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust; Members FDIC.

    WX Productions

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    47 分
  • S11E7: The Future of Fintech for Founders with Mercury Co-Founder and CEO, Immad Akhund [LIVE]
    2024/11/12

    In this LIVE version of The Room Podcast, we’re thrilled to chat with Immad Akhund, Co-Founder and CEO of Mercury, a fintech company built specifically for startups and tech companies. Immad walks us through his journey from founder to industry leader, and how Mercury is reimagining banking with streamlined financial tools for growing businesses. Mercury’s core product offers an intuitive digital banking experience, designed to handle startups' unique cash flow and management needs.

    Join us as we explore Immad’s early entrepreneurial journey, his strategic shift from gaming with Hayzap to founding Mercury, and the insights he gained along the way. This episode highlights Mercury’s goal to simplify banking for tech founders, Immad’s take on the importance of resilience and adaptability, and how Mercury’s modern approach is transforming financial services for the startup ecosystem.

    (00:00) Introduction

    (08:40) Where did Immad grow up and how did that shape his view of the world?

    (09:17) Did Immad always think he would become a founder?

    (10:22) At what point did Immad move to the States?

    (11:06) What lessons did Immad learn when running HayZap?

    (12:55) How did Immad know who he wanted as cofounders when starting Mercury?

    (14:07) What advice does Immad have for finding a co-founder and resolving conflict with a co-founder?

    (15:31) Why did Immad want to tackle a problem in banking specifically?

    (16:30) How was Immad's experience breaking into the fintech space?

    (19:28) What advice does Immad have for founders in complex regulatory spaces?

    (21:20) Who was the first person to say yes to investing in Mercury?

    (22:46) What's a fundraising "hot take" that Immad has?

    (24:39) How did Mercury's go-to-market strategy change as they scaled?

    (26:39) How does Mercury scale their feature set and their product to meet the scaling needs of their clients?

    (28:14) How did the liquidity crisis at Silicon Valley Bank impact Mercury and the fintech space?

    (30:01) What traits does Immad look for when investing in a startup?

    (31:03) What advice does Immad have for founders looking to be acquired in the current market?

    (33:53) What does Immad expect in the future of fintech?

    (34:48) What's next for Mercury and for Immad personally?

    (35:31) Who is a woman in Immad's life that has had a profound impact on him and his career?

    For The Room Podcast in your inbox every week, subscribe to our newsletter
    Follow us on Instagram
    Follow us on TikTok
    Check out our guide to podcasting here!
    Don't forget to subscribe to our channel on YouTube, Spotify, and Apple Music!

    Brought to you by Perkins Coie and Mercury.*
    *Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust; Members FDIC.

    WX Productions

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    38 分