Descope: Creating a Passwordless Future for Everyone | Summary and Q&A

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June 21, 2023
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GGV Capital U.S.
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Descope: Creating a Passwordless Future for Everyone

TL;DR

Disco is a company founded by Slavic Markovic and Rishi Bhagra, aiming to eliminate passwords by designing applications that no longer require them.

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Key Insights

  • 🥰 The founders of Disco, Slavic and Rishi, first connected over their shared love for coffee and entrepreneurial experiences.
  • 💨 Disco's ultimate goal is to eliminate passwords from the authentication process, making it faster and more user-friendly.
  • 💦 Slavic's previous startup experience taught him the importance of work-life balance and engaging in activities outside of work for personal well-being.
  • 🤗 The founders valued collaboration with individuals like Oren and Glen who are intelligent, humble, and open-minded.
  • 🔑 Disco's approach focuses on designing applications that no longer require passwords rather than solving consumer password issues.
  • 🥺 Slavic and Rishi are not experts in consumer sales, leading them to concentrate on solving the problem from the technology side.
  • 💢 Passwords were originally designed for an era before modern phones and identities, making them outdated for today's technological landscape.

Transcript

my name is Slavic markovic I'm the co-founder and CEO of disco I'm Rishi bhagra I'm a co-founder of disco that's not our first rodeo together actually Rishi acquired my first startup eventually we ended up with an office next to each other so I had an office next to Rishi and I am a very much a coffee drinker I first buy for our company was a good ... Read More

Questions & Answers

Q: How did Slavic and Rishi come up with the idea for Disco?

Slavic and Rishi recognized the frequent issue of people losing their passwords, which inspired them to create a solution by eliminating passwords altogether. They aimed to make applications more user-friendly and secure.

Q: What is the main challenge addressed by Disco?

Disco aims to solve the challenge of onboarding and accessing applications by eliminating the need for passwords. By doing so, they aim to simplify the user experience and improve security.

Q: How did Slavic and Rishi start working with Oren and Glen at Orange?

Slavic and Rishi had a prior connection with Oren and the Israeli Mafia network. They sought Oren's guidance and expertise, and the conversation flowed naturally. This led to an easy decision to collaborate and work together.

Q: What was Slavic's biggest learning from his previous startup, Centrigo?

Slavic learned the importance of work-life balance after experiencing burnout from working long hours. He realized the significance of spending quality time with family and engaging in personal activities for decompression.

Summary & Key Takeaways

  • Slavic and Rishi founded Disco after realizing the common issue of people losing or forgetting their passwords for various accounts.

  • They initially considered solving consumer password problems but decided to approach it from the other side by creating applications that do not ask for passwords at all.

  • Their goal is to enable faster onboarding and eliminate the need for passwords in the modern era of technology.

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