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March 1, 2023 72 mins
Twin brothers Rob and Ryan Weber famously started their first company, Freeze.com, out of a St. Cloud State dorm room. They had their first exit before graduating, and a decade later, sold tech startup NativeX to mobile ad platform mobVista for $25 million. All told, the Webers have been involved in more than 50 startups. Today, they're focused on funding them through their venture capital firm, Great North Ventures. They are fierce champions of entrepreneurship—particularly in greater Minnesota, and small towns that don't have all the resources. They share advice on being scrappy and determined; not raising too much and not selling too early; and the billion dollar idea they're still searching for. After our conversation, we go Back to the Classroom with the University of St. Thomas Schulze School of Entrepreneurship. Professor Jay Ebben teaches entrepreneurship from the investor side. "We teach students to think like investors," he says. "What stands out most about Rob and Ryan is the authenticity with which they operate. That's under appreciated in the VC world, and it's a big part of their story."
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