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20VC: Atlassian Co-Founder Scott Farquhar on The Largest Classes Scaling Atlassian to $50BN Market Cap; The 4 Roles of the CEO, The Funding Spherical That Web Accel $6BN, The Regrets of Omission and Fee & The Honeymoon Lower Quick


Posted on ninth October 2023 by Harry

Scott Farquhar is the Co-Founder & Co-CEO @ Atlassian. Scott co-founded the corporate along with his college pal, Mike Cannon-Brookes, in 2002 from Australia. Over an unimaginable 20-year journey they’ve grown to a market cap of $50BN at the moment, over 11,000 employees globally and serving over 260,000 clients. Scott can be a co-founder of Skip Capital, a personal funding fund with a portfolio together with Figma, Snyk, Canva and extra.

In At the moment’s Episode with Scott Farquhar We Focus on:

1. The 20-12 months Journey to $50BN Market Cap:

  • How did Scott first make his means into the world of tech and are available to co-found Atlassian?
  • What does Scott know now that he needs he had identified in the beginning?
  • From 20 years with Mike, what’s Scott’s largest recommendation on selecting your co-founder?

2. The Fundraising Masterclass with Atlassian:

  • An emergency cellphone name, a honeymoon reduce brief; how did the primary funding spherical for Atlassian come to be? The place was the enterprise revenue-wise on the time?
  • Why did Scott not like the normal fundraising course of? What did he do so as to add recreation concept and be sure that they obtained the very best deal as an organization?
  • Why did Scott select Accel with their supply? How did Peter Fenton lose a $3BN take care of Atlassian?

3. Classes Scaling Atlassian to $4BN in Income:

  • What does Scott consider are the 4 core roles of the CEO? Is useful resource allocation crucial?
  • What are the only largest acts of fee and omission that Scott regrets?
  • What are the most important classes Scott has from shutting down Stride, their Slack competitor?

4. Scott: The Father, Husband and Philanthropist:

  • What does nice fatherhood imply to Scott at the moment?
  • What’s the secret to a really profitable marriage?
  • How does Scott assess his relationship to cash at the moment? How has it modified with time?
  • How does Scott take into consideration bringing youngsters up in a world of affluence and abundance?

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