From Idea to Exit: A Founder’s Journey to Success

In this episode of The Business Gay Podcast, host Calan Breckon speaks with serial entrepreneur Sean Ramsay.

Sean is responsible for pioneering and innovating immersive technology development in VR, AR, XR and 360 degree image and video deployments for Google StreetView and YouTube 360. Through his patented camera and software invention of the Bublcam and Bubl Technology, Sean successfully exited to Samsung and private equity. So if you’ve ever used Google Street View, you have Sean and his technology to thank. He currently looks to aid in the discovery and financing of new ventures through LvlUp Ventures and is also an active volunteer for PFlag Halton in Ontario, Canada.

This recording was done in front of a live audience at the QueerTech Conference held in Toronto on November 7th, 2024.

Watch on YouTube

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Links mentioned in this episode:

• Sean Ramsay on LinkedIn
• QueerTech

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Key Takeaways for quick navigation:

• [00:14] Sean emphasizes the importance of starting from zero and understanding the journey to success in entrepreneurship.
• [00:56] The process from the initial idea for Bublcam to its sale took about 10 years, highlighting the long-term commitment required in entrepreneurship.
• [03:09] Entrepreneurs need a strong urge and a willingness to take risks to turn their ideas into realities.
• [05:16] Learning about legal matters and patenting is crucial for protecting your innovative ideas in entrepreneurship.
• [08:41] Having a physical product can provide advantages in crowdfunding, as evidenced by Bublcam's success on Kickstarter.
• [10:23] Understanding current trends and what attracts venture capitalists can significantly impact funding opportunities.
• [12:41] Building strong relationships with investors is essential, as today's investment landscape emphasizes personal connections.
• [16:23] First-hand experiences of failure are common in entrepreneurship, and connecting with mentors can provide valuable guidance to avoid pitfalls.
• [17:31] The technology developed for Bublcam eventually contributed to platforms like Google Street View and YouTube 360.
• [20:30] Success in entrepreneurship requires patience and dedication, as the journey from idea to financial stability can be lengthy and filled with challenges.