Culture is the invisible glue.
Pete Flint
Pete Flint was the CEO and co-founder of Trulia, a service that prioritizes homebuyers and sellers and not real estate agents. He grew Trulia to over 50 million users, culminating in an IPO and merger with Zillow for $3.5 billion. Today, Flint is a general partner at NFX, an entrepreneur-driven seed fun that’s supported some of the most notable names in Silicon Valley: Lyft, DoorDash, Patreon, as well as Flint’s own Trulia. In total, NFX has founded 10 companies with exits of $10B dollars. In this episode, Pete and Ashish discuss Pete’s journey building and scaling Trulia, the one trait successful entrepreneurs share, and Pete’s prediction about the future of remote work. Pete also shares how he builds teams, company culture, and his tips for cultivating working relationships through consistent feedback.
Show Notes
5:50 - The original idea behind Trulia
8:01 - How Pete built the first version of Trulia
10:10 - The transition from experiment to full-fledged business
11:20 - Pete outlines the major three chapters of Trulia
13:38 - How Trulia survived The Recession
18:13 - How to give feedback when team morale is low
19:46 - Building the right company culture
23:20 - The path from CEO to investor
26:50 - Breaking down NFX
28:55 - What remote work could look like in 2021
34:41 - The magic of product/market fit
42:50 - The Sprint