Sunday, March 26, 2023
198 Indonesia News
No Result
View All Result
  • Home
  • VIDEO NEWS
  • BUSINESS NEWS
  • FEATURED NEWS
    • INDONESIA USA TRADE NEWS
    • INDONESIA UK NEWS
    • INDONESIA NIGERIA NEWS
    • INDONESIA EU NEWS
    • INDONESIA AFRICA NEWS
    • INDONESIA RUSSIA NEWS
    • INDONESIA GULF NATIONS NEWS
    • INDONESIA INDIA NEWS
  • POLITICAL NEWS
  • MORE NEWS
    • TECHNOLOGY NEWS
    • IMMIGRATION
    • INDONESIA EDUCATION NEWS
    • INDONESIA VENTURE CAPITAL NEWS
    • INDONESIA JOINT VENTURE NEWS
    • INDONESIA MANUFACTURERS
    • INDONESIA BUSINESS HELP
    • INDONESIA UNIVERSITIES
    • 198INDONESIA MEDIA TRAINING
    • 198 TILG INDONESIA CEO NETWORKS
  • ASK IKE LEMUWA
  • REGISTER NGO
  • CONTACT US
  • Home
  • VIDEO NEWS
  • BUSINESS NEWS
  • FEATURED NEWS
    • INDONESIA USA TRADE NEWS
    • INDONESIA UK NEWS
    • INDONESIA NIGERIA NEWS
    • INDONESIA EU NEWS
    • INDONESIA AFRICA NEWS
    • INDONESIA RUSSIA NEWS
    • INDONESIA GULF NATIONS NEWS
    • INDONESIA INDIA NEWS
  • POLITICAL NEWS
  • MORE NEWS
    • TECHNOLOGY NEWS
    • IMMIGRATION
    • INDONESIA EDUCATION NEWS
    • INDONESIA VENTURE CAPITAL NEWS
    • INDONESIA JOINT VENTURE NEWS
    • INDONESIA MANUFACTURERS
    • INDONESIA BUSINESS HELP
    • INDONESIA UNIVERSITIES
    • 198INDONESIA MEDIA TRAINING
    • 198 TILG INDONESIA CEO NETWORKS
  • ASK IKE LEMUWA
  • REGISTER NGO
  • CONTACT US
No Result
View All Result
198 Indonesia News
No Result
View All Result
Home INDONESIA TECHNOLOGY NEWS

Talking shop with Twitter’s recent head of corp dev — and now VC — Seksom Suriyapa – TechCrunch

by 198indonesianews_v2w0tn
September 4, 2021
in INDONESIA TECHNOLOGY NEWS
0
Talking shop with Twitter’s recent head of corp dev — and now VC — Seksom Suriyapa – TechCrunch
Share on FacebookShare on Twitter

[ad_1]

Seksom Suriyapa was seemingly destined to land at a enterprise agency. A Stanford Regulation graduate, he labored at two blue-chip funding banks earlier than becoming a member of the cybersecurity firm McAfee as a senior corp dev worker, later logging six years on the human sources software program firm SuccessFactors and, in 2018, touchdown at Twitter, the place he headed up its 12-person company growth workforce till June.

The larger shock is that Suriyapa — who simply joined the L.A.-based enterprise agency Upfront Ventures — didn’t make the leap sooner. “The catalyst was discovering a agency that felt like the precise proper match for me,” says Suriyapa.

We talked earlier in the present day with Suriyapa — who lives and can stay within the Bay Space — about his new position at Upfront, the place he shall be main its increasing growth-stage apply with agency founder Yves Sisteron.

He additionally make clear how Twitter — which has been on a little bit of buying spree — thinks about acquisitions today. Our chat has been edited flippantly for size.

TC: How did you wind up becoming a member of Upfront?

SS: [Longtime partner] Mark Suster and I have been launched via a mutual enterprise acquaintance within the enterprise world, and I bought to know him over a time period and actually got here to seek out him to be a outstanding particular person. He’s considerate in regards to the enterprise itself, he’s an unimaginable model builder. I feel you could possibly argue that [Upfront] put L.A. on the enterprise map.

TC: It was additionally, for a very long time, an early-stage agency, however now it has a ‘barbell’ technique. Is your new job to ensure it may possibly keep its stake in its portfolio corporations as they develop? Are you able to store exterior of that portfolio?

SS: The mission for me shall be supporting the very best of Upfront’s hundred-plus present portfolio corporations which are poised to scale, and in addition to spend money on corporations not forex on the platform, and I anticipate [the latter] will occur increasingly more over time.

TC: Twitter was much more energetic on the corp dev entrance throughout the years once you have been there. Why?

SS: When i joined in 2018, Jack Dorsey had been CEO for about three years, and actually his focus was on the core mission of driving the general public dialog, and in doing that, Twitter shrunk itself out of lots of companies and [shrunk] folks sensible as nicely.

TC: I keep in mind it laid people off in 2016.

SS: And one of many offshoots of that was method much less in the way in which of newer merchandise, so there have been no new acquisitions within the three years previous to me becoming a member of, and that muscle atrophies for those who don’t train it. So [ahead of me] Jack had reworked the administration workforce, which had been, comparatively talking, a revolving door of executives till that time, and I used to be introduced in with a particular mandate of reviving a company growth apply that had been quiet for a number of years. I’d identified [CFO] Ned Segal when he was a banker at Goldman Sachs and [while] I used to be at SuccessFactors, so after I heard in regards to the position via the grapevine, I reached out.

TC: And Twitter begins procuring, shopping for up the information reader service Scroll, the publication platform Revue. Have been these choices coming down from the highest or vice versa?

SS: The easiest way to explain it will be that it was product-need pushed. The corporate had a number of completely different aims. One was to diversify Twitter from its dependency on being an ad-driven enterprise. One thing like 80% of income comes from adverts.

Second, there’s an unimaginable must ramp up its machine studying and synthetic intelligence as an organization. In the event you’re on the lookout for toxicity in dialog, it’s not scalable to rent tens of hundreds of individuals to do this. You want machine studying to seek out it. Twitter completed nicely can be capable of present you the conversations which are most attention-grabbing to you, and to do this, it has to take alerts from what you observe and spend time studying and what you work together with, and that, at its core, is ML AI.  [Relatedly] Jack has a imaginative and prescient that anyone who tweets in no matter their native tongue is ought to be capable to speak with another person of their native tongue as a part of a worldwide dialog, and to do this, you want [natural language processing] strategies galore.

TC: There’s additionally this concentrate on shopper functions.

SS: That’s the third goal. What are the instruments that followers and creators can use in dialog with one another? So [Twitter] added audio [via its Clubhouse rival Spaces]. We purchased Revue, which is a competitor to Substack. So there’s lots of innovation occurring round the kind of content material that somebody ought to anticipate to see or create on Twitter.

TC: Would you describe these acquisitions as proactive or reactive?

SS: From the skin it will appear reactive, however the actuality is we’d been considering so much about one thing like Areas even earlier than Clubhouse took off. I feel what’s noticeable to me is [Spaces] is likely one of the first instances you’ve seen an organization like Twitter construct up a functionality and a brand new product space that’s going head-to-head going towards an organization that’s targeted solely on that realm, and it’s aggressive from day one. Twitter beat Clubhouse in [offering an] Android model as a result of it poured sources into it, and I’d argue that lots of the mechanics of Twitter and the truth that creators are on Twitter places it in an superior spot to win this section.

Twitter additionally simply has an enormous quantity of experience to find toxicity and stuff you wish to be cautious of once you’re a social media play, and an organization of Clubhouse’s dimension, no less than in its preliminary days, can have a tough time getting there.

TC: Twitter has so many pursuits, together with round cryptocurrencies and decentralization. 

SS: When it comes to priorities at Twitter,  so much is beneath wraps by way of the applied sciences that we anticipate [will rise up over] the following 5  to 10 years, however [a lot of thought is being given to] the influence of cryptocurrency and the underlying protocols round it and the way Twitter participates in a trustless, permissionless [world] the place there’s a decentralized web that may shield folks’s privateness and permit folks to not fear the place their content material is saved. Individuals consider Twitter as a shopper app however there’s wonderful and appreciable variety beneath the hood.

TC: Do you suppose due to the present regulatory surroundings that it has a greater shot at working with corporations and initiatives that may have gotten snapped up by Fb and Google?

When it comes to the regulatory surroundings, the truth is that even for those who take the Facebooks and Googles out of the equation, there are acquirers which are aggressive that may step up and purchase issues, so it’s a bit of short-sighted to think about simply these two. However even once they have been energetic, we have been profitable [deals]. Loads of the businesses we acquired self-selected to be at Twitter as a result of they like what it stands for, they like the way in which that Jack Dorsey leads the group, and so they consider within the stands that he takes and the positions that he and his management espouse.

TC: You’re now representing a really completely different model. How will your work at Twitter allow you to compete for offers on behalf of Upfront?

SS: I’ve this community of unimaginable entrepreneurs world wide due to corporations throughout my profession that I’ve helped purchase or tried to accumulate or who’re working companies; I additionally [have relationships with] VCs at completely different phases who actively spot companies world wide [and introduce them to corp dev teams]. You may also know that Twitter has a variety and inclusion program the place they intend to have 25% of management be various over the following a number of years, so my workforce was typically concerned to find the very best methods to seek out various targets to purchase. I additionally led a collection of LP investments into newly rising funds, some LatinX-founded, some women-founded, some Black-founded, some that have been various from a geographic standpoint which are scouting corporations in faraway locations . . .

TC: Does Twitter additionally make direct investments?

SS: We did direct investments however [backing fund managers] is a extra leveraged strategy. Most of them are seed funds and so they’ll in flip spend money on 30 to 60 corporations every. However sure, I scouted corporations in faraway locations, together with [India’s] ShareChat the place I served on the board for 2 years. [Editor’s note: TechCrunch reported earlier this year that Twitter explored buying ShareChat at an earlier point; the company has since raised numerous rounds of funding and was most recently valued by its investors at nearly $3 billion.]

TC: You will have lots of relationships, however it will nonetheless appear actually arduous to compete for growth-stage offers when so many different outfits at the moment are investing there, too. How do you intend to compete?

SS: I’ll clearly be drawing on these networks to seek out offers. I’ll be investing in sectors the place Upfront has already invested in, however initially I’ll be double-clicking that ihave a robust curiosity in, together with round creator economic system ecosystem, as a result of I did o a lot of that at Twitter. And w3b 3.0, ow this permissionless comes togerh, edge computing ML AI and shared date that goes throughout a lot of disciplines that i’ve workedin, i believe one in every of sturdy factors that may cinterdiscplianry areas, additionally in sustainability are however I received’t child myself. You compete by studying what your worth proposition is. At Twitter, my technique was profitable on velocity, understanding folks earlier, and [underscoring] Twitter’s worth proposition [to close deals]. I can’t speak about my [VC] technique with out having carried out but; I’ll have to determine what’s most attention-grabbing to entrepreneurs that the megafunds don’t provide.

[ad_2]

Source link

Tags: corpdevSeksomshopSuriyapaTalkingTechCrunchTwitters
Previous Post

Global National: Sept. 3, 2021 | New COVID-19 modelling raises vaccine urgency in Canada

Next Post

Top News Headlines At 7 AM | Announcement On New Taliban Government Today | September 4, 2021

Related Posts

The Dogefather sends his regards – TechCrunch
INDONESIA TECHNOLOGY NEWS

The Dogefather sends his regards – TechCrunch

by
July 24, 2022
DoorDash and Uber Eats are moving beyond food, focusing on groceries and alcohol as users cut spending due to high inflation and a potential economic downturn (Preetika Rana/Wall Street Journal)
INDONESIA TECHNOLOGY NEWS

DoorDash and Uber Eats are moving beyond food, focusing on groceries and alcohol as users cut spending due to high inflation and a potential economic downturn (Preetika Rana/Wall Street Journal)

by
July 23, 2022
Google fires software engineer who claims AI chatbot is sentient | Google
INDONESIA TECHNOLOGY NEWS

Google fires software engineer who claims AI chatbot is sentient | Google

by
July 23, 2022
Twitter’s Earnings Falter as It Fights with Elon Musk
INDONESIA TECHNOLOGY NEWS

Twitter’s Earnings Falter as It Fights with Elon Musk

by
July 23, 2022
How to find and remove spyware from your phone
INDONESIA TECHNOLOGY NEWS

How to find and remove spyware from your phone

by
July 22, 2022
Next Post
Top News Headlines At 7 AM | Announcement On New Taliban Government Today | September 4, 2021

Top News Headlines At 7 AM | Announcement On New Taliban Government Today | September 4, 2021

Why financial literacy is a passport to financial freedom

Why financial literacy is a passport to financial freedom

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Recent Posts

  • UK’s Outsider Economists Question Radicalism of Trussonomics
  • The Dogefather sends his regards – TechCrunch
  • Tesla Is Set for Settlement Talks Over Musk Tweets About Taking Company Private
  • DoorDash and Uber Eats are moving beyond food, focusing on groceries and alcohol as users cut spending due to high inflation and a potential economic downturn (Preetika Rana/Wall Street Journal)
  • Mohammed bin Salman Al Saud | The remarkable rise of a ruthless reformer

Recent Comments

  • PakDhe Musmar on Suku pemburu-peramu Punan Batu: Bertahan di hutan atau bertarung melawan zaman – BBC News Indonesia
  • hc blue on Suku pemburu-peramu Punan Batu: Bertahan di hutan atau bertarung melawan zaman – BBC News Indonesia
  • Putra Awan on Suku pemburu-peramu Punan Batu: Bertahan di hutan atau bertarung melawan zaman – BBC News Indonesia
  • Divakar Bhadouriya on Coldplay – Daddy (Official Video)
  • RK Ravikumar on Coldplay – Daddy (Official Video)

Archives

  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • December 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • February 2015
  • January 2015
  • November 2014
  • October 2014
  • September 2014
  • July 2014
  • June 2014
  • May 2014
  • March 2014
  • February 2014
  • January 2014
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • February 2013
  • January 2013
  • December 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • May 2012
  • April 2012
  • December 2011
  • July 2011
  • March 2011
  • December 2010
  • November 2010
  • June 2010
  • February 2010
  • October 2009
  • September 2009
  • August 2009
  • July 2009
  • July 2007
  • June 2007
  • January 2007

Categories

  • BUSINESS NEWS FROM AROUND THE WORLD
  • INDONESIA AFRICA NEWS
  • INDONESIA BUSINESS HELP
  • INDONESIA EDUCATION NEWS
  • INDONESIA EU NEWS
  • INDONESIA GULF NATIONS NEWS
  • INDONESIA IMMIGRATION NEWS
  • INDONESIA INDIA NEWS
  • INDONESIA JOINT VENTURE NEWS
  • INDONESIA MANUFACTURERS
  • INDONESIA NIGERIA NEWS
  • INDONESIA POLITICAL NEWS
  • INDONESIA RUSSIA NEWS
  • INDONESIA TECHNOLOGY NEWS
  • INDONESIA UK NEWS
  • INDONESIA UNIVERSITIES
  • INDONESIA USA TRADE NEWS
  • INDONESIA VENTURE CAPITAL NEWS
  • Uncategorized
  • VIDEO NEWS FROM AROUND THE WORLD

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
  • Home
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2021 198 Indonesia News.
All Rights Reserved.

No Result
View All Result
  • Home
  • VIDEO NEWS
  • BUSINESS NEWS
  • FEATURED NEWS
    • INDONESIA USA TRADE NEWS
    • INDONESIA UK NEWS
    • INDONESIA NIGERIA NEWS
    • INDONESIA EU NEWS
    • INDONESIA AFRICA NEWS
    • INDONESIA RUSSIA NEWS
    • INDONESIA GULF NATIONS NEWS
    • INDONESIA INDIA NEWS
  • POLITICAL NEWS
  • MORE NEWS
    • TECHNOLOGY NEWS
    • IMMIGRATION
    • INDONESIA EDUCATION NEWS
    • INDONESIA VENTURE CAPITAL NEWS
    • INDONESIA JOINT VENTURE NEWS
    • INDONESIA MANUFACTURERS
    • INDONESIA BUSINESS HELP
    • INDONESIA UNIVERSITIES
    • 198INDONESIA MEDIA TRAINING
    • 198 TILG INDONESIA CEO NETWORKS
  • ASK IKE LEMUWA
  • REGISTER NGO
  • CONTACT US

Copyright © 2021 198 Indonesia News.
All Rights Reserved.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In