Watch our exclusive interview with Mark Tluszcz Chairman of Wix & K Health and CEO of Mangrove Capital Partners.
Mark shares how Wix continues to #innovate year after year, strengthening their customer adoption and differentiating themselves from the competition. We also explored their #growth journey- including his pivotal advice to turn down a $400M acquisition offer in 2011, a bold decision that led to Wix going public just two years later. Today, the company is valued at nearly $10B. Safe to say, that was great advice.
Watch as Mark shares with us different aspects of the #entrepreneurial journey, including the first question he asks entrepreneurs, how to craft an equity-sharing plan within a company, the importance of bringing in a non-practitioner to #innovate- like in the K Health story- and the advice he would give to new entrepreneurs navigating today’s landscape. We also discussed him being the first investor at Skype, which was acquired by eBay for $2.75B in 2011
And of course, then there’s the most important question in the universe: Star Wars or Star Trek?
Check out also our new YouTube Channel:
https://www.youtube.com/@BoardroomClub
Interviewers: Yossi Garmazi & Álvaro Jiménez Cabello de los Cobos.
#tech #innovation #nasdaq #entrepreneurship #VC
Chapters:
00:00 Introduction
01:18 Path to the Tech & VC world
02:33 First question to entrepreneurs
04:55 Deal breakers
06:49 Expansion from Europe to Israel
08:49 Wix during Covid
13:17 Wix vs Skype
15:15 To sell or not to sell
18:00 Journey to Healthcare
20:17 Intersection of Healthcare, Software & AI
22:15 AI & Bias in K-Health
24:40 Human Doctors vs machines
28:05 Non-technical founders
30:55 Potential verticals for innovation
32:50 M&A
34:00 Advice for entrepreneurs
35:20 Personal questions
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