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Application Software
Powered by Battery  |  August 28, 2019
Five Questions in Five Minutes with the CEO of Clubhouse

Portfolio Spotlight: Kurt Schrader, CEO of Clubhouse*

Each month, Battery highlights a different portfolio-company CEO with our “Five Questions in Five Minutes” feature, showcasing the diversity of the Battery portfolio across investment stages, sectors and geographies.


What does your company do in 10 words or less?

Clubhouse builds project-management tools that bring joy to the process of building software.

What is your favorite piece of management/leadership advice?

Hire people smarter than you and let them do their job.

Whenever I hire someone, I look for someone who is better at the thing that I’m hiring for than I would be. Once I have that person in place, I let them set the direction and expect them to take responsibility for the results. Micromanaging all of your people is the shortest path to not being able to scale.

What’s the most under-rated trend in technology, in your opinion?

The rise of distributed teams is growing at a faster and faster rate every month. It feels like it went from a curiosity not even a year ago, to a point today where almost every new company I see is being set up as distributed from the start.

What Clubhouse accomplishment in the last 12 months are you most proud of?

Clubhouse has grown immensely over the last 12 months, but the thing that I’m most proud of is that the majority of our users are logging in and using the system daily. We’ve always tried to build something that everyone in a product-engineering organization would love using, so we’re always thinking about how we can continue to add value and keep people engaged.

BONUS QUESTION: Who is your all-time favorite music artist? And musical guilty pleasure?

Favorite musical artist is the Beastie Boys (and has been for the last 30 years). Musical guilty pleasure is all of the songs from recent Disney movies (I have a 3-year old who loves them, but I’m also a big fan).

 

Learn more about Clubhouse.

 


The information provided in this newsletter is solely intended for the use of entrepreneurs, corporate CEOs and founders regarding Battery Ventures potential financing capabilities for prospective portfolio companies. The information is current as of the date it was published. The contents are not intended to be used in the investment decision- making process related to any product or fund managed by Battery Ventures. Battery Ventures neither solicits nor makes its services available to the public or other advisory clients. No assumption should be made that the investments identified above were or will be profitable. It should also not be assumed that recommendations made in the future will be profitable or equal the performance of the companies identified above.

Content obtained from third-party sources, although believed to be reliable, has not been independently verified as to its accuracy or completeness and cannot be guaranteed. Battery Ventures has no obligation to update, modify or amend the content of this newsletter nor notify its readers in the event that any information, opinion, projection, forecast or estimate included, changes or subsequently becomes inaccurate.

*For a complete list of Battery Ventures’ investments, click here, and for additional information please see Section 1 of our Terms of Use.

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