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This Guy Built A Portfolio of Companies Worth $1 Billion (with Scot Chisholm)

Episode 41

Episode Notes

"I think you can do more with less these days."

Join Johnny Page and Scot Chisholm, CEO and Founder of Classy, a fundraising platform for nonprofit organizations that got acquired by GoFundMe in 2022. Over the course of 10 years as CEO, he grew the company from $0 to $1B+ in valuation; managed a 300 person team, and raised over $200M from investors.

Timestamps

00:00 How Will Ferrell Influenced the Start of Classy

04:13 Raising Funds vs. Bootstrapping

09:14 Founder and Co-founder Relationships

14:59 The Acquisition of Classy

29:47 The Transition from Founder to CEO

35:17 Building a Strong Leadership Team

38:28 The Influence of Investors on Decision-Making

41:08 Creating a Strong Organizational Infrastructure

45:25 The Importance of Hiring the Right People

53:46 Aligning with Values and Being Cautious with Funding

 

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