Ben Pickering (SoMedia Networks) at Startup Grind Vancouver | Summary and Q&A

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April 4, 2014
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Startup Grind
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Ben Pickering (SoMedia Networks) at Startup Grind Vancouver

TL;DR

Ben Fingering shares his entrepreneurial journey, from Silicon Valley to Vancouver, highlighting key experiences working at various tech companies and startup ventures.

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Key Insights

  • 💗 Growing up in Silicon Valley shaped Ben Fingering's interest in technology and entrepreneurship.
  • 🫵 Ben views himself as an operator in startups, focusing on intelligent growth strategies.
  • ❓ Revenue and monetization are crucial lessons learned from startup experiences like Spinway.
  • 🌥️ Transitioning from larger companies to startups offers different challenges and opportunities.
  • 🐕‍🦺 The role of services in business growth is vital, and services can be a lucrative model for funding product development.
  • 🛀 Ben Fingering advises entrepreneurs to consider the Canadian startup landscape's conservative approach to risk-taking and funding.
  • 👂 The decision to list on the Venture Exchange comes with considerations of additional costs and scrutiny that startups need to evaluate.

Questions & Answers

Q: How did growing up in Silicon Valley shape Ben Fingering's interest in technology?

Ben credits growing up in Silicon Valley for exposing him to technology early on and sparking his interest in the field, even though he didn't come from a family of entrepreneurs.

Q: How does Ben Fingering view himself as an entrepreneur?

Ben sees himself more as an operator in the business, focusing on guiding and growing startups intelligently rather than having a prototypical entrepreneur's big idea and chasing after it.

Q: What were some significant lessons Ben Fingering learned from his startup experiences, such as Spinway?

Ben highlights the importance of revenue and monetization, emphasizing that attracting users is essential but without a solid revenue model, companies may struggle.

Q: How did Ben Fingering navigate the transition from working at larger companies like Yahoo to leading startups like Strata?

Ben shares his journey from larger corporations to startups, expressing a preference for the excitement and impact of smaller companies where rapid changes are possible compared to the bureaucratic nature of larger firms.

Summary & Key Takeaways

  • Ben Fingering discusses his background growing up in Silicon Valley and how it influenced his interest in technology.

  • He shares his journey from working at companies like Yahoo and eBay to becoming the CEO at Strata and the President at So Media Networks.

  • Ben also talks about the challenges and lessons learned from his startup experiences, emphasizing the importance of revenue and the role of services in business growth.

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