GT06 - The Next Big Thing in Silicon Valley, the story of Hung Tran from Gotit!
This week we talk to Hung Tran from GotIt! (GotItapp.co), one of the hottest startups in Silicon Valley. I am not exaggerating here, they really are on track to be the next big thing. They got a 9 Million USD series A earlier this year from Capricorn Ventures (http://capricornllc.com/ , Capricorn Crunchbase Listing), who have also invested in companies you may have heard of... like Tesla and SpaceX, among others. So when I say that Hung is leading one of the next big things in Silicon Valley, I mean it! “When you are an entrepreneur it means you have no fear to anything, so why not” This conversation with Hung gives us a deeper look at how he's managed to achieve such success in the US, beyond just the technical capacity. Though he's a PhD in Computer Science, it's really the mindset behind the man that make his success possible. With mentors such as Kien Pham (Profile), Peter Relan (Profile), and Guy Kawasaki (Yes, that one - Profile) it's proof positive that Hung is going places. So give this episode a listen and remember to Like, Share and SUBSCRIBE! If you liked it, remember to give Hung a shoutout at his Facebook page: www.facebook.com/hungtrv You can find this episode at www.growthtigers.com/gt06 Show Notes: In this episode Hung shares: How he got started in business while he was taking a PhD in Computer Science How he recognized an imbalance in supply and demand in tutoring, which led to his first business. How he was his own first customer How he came to the decision to pivot his profitable company to a new product How their new way of approaching knowledge transfer has lead to rapid growth What Hung learned from being part of the first linux distribution and the first opencourseware from MIT in Vietnamese What inspires Hung to be an innovator in education through technology How Hung got one of the most famous mentors in all of Silicon Valley with a cold email Why thinking “why not” instead of “why” can help you keep focus on the right things Why Speed is everything - you have an idea then you need to validate it as soon as possible. What Hung has to share about getting big series A funds in a tough environment Product, Market, and Team - the biggest things the investors will consider Intro music credit to Serge Quadrado – http://muzaproduction.net/ via Jamendo