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Blog personal de Miguel Arias sobre emprendedores, startups, inversiones, ecosistemas y tecnología

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CartoDB series B, some personal thoughts

septiembre 10, 2015 por Miguel Arias 4 comentarios

What a ride!.

Since I joined CartoDB full-time, almost 2 years ago, months are running around me and I cannot avoid a certain dizziness, mixed with lots of excitement and some doses of panic.

We are overcoming milestones at an absurd pace, over 130.000 users, 1000 paying customers, 50 team members… And now, we enjoy another important moment in our short history, we just announced $23 million of new funding and what is more important, great new partners joining the CartoDB family: Accel Partners and Salesforce Ventures.

During our funding process we always stated that our main goal was to optimize for people, finding an awesome new board member and lead investor which would help and support us in this new phase, and we simply put Ciaran O’Leary from Earlybird, as a role model of how luckily successful we were in our series A last year.

Investors are crucial team members, and you need to find the right fit for the each phase of your startup. In our case, local investors, ready to take risks betting on people, were absolutely great for our starting steps, thank you Arrola and Aquilino!.

In October last year, with Ciaran, we added a smart, supportive, experienced and connected person on board, which is the phone number you call first when you have challenges and shit starts to hit the fan.

And now we felt the same chemistry with Harry Nelis from Accel, he is the kind of person who will remain calm during turbulences, sharing the right piece of advice with perfect timing. I am sure he will be paramount in helping us become a truly global enterprise SaaS player.

It will be hard to decide who will get the difficult calls from now on :).

CartoDB is not just an innovative location intelligence platform. Technology matters, indeed, but we are, moreover, a community. Our hard-working team members, our enthusiastic power users, the groups of journalists, financial services analysts, biodiversity experts, educators, big data scientists…, who use us daily and gather together to share experiences and become better mappers and location data analysts are the reason we built CartoDB in the first place.

I am extremely thankful to all of you, and especially to the families of our team members, to my own patient family ;)!, for their incredible support and understanding.

It is really inspiring to see how each of the members of the community has a unique way of telling the stories that really matter, providing information for better decision making and coming up with innovative ideas on how we can provide a better service.

I experience, proudly envious, how, week over week, each team member is growing and learning how to punch way over his weight, from our CEO, Javier, who gets the hard thing about hard things ;); Sergio, who does magic defining the product every day; Andrew, who equally innovates relentlessly and excites communities worldwide; to Santana, keeping our feet on the ground while delivering dreams with daily production deployments.

Our roadmap is full of new exciting paths to explore, we are eager to bring incredibly talented individuals from all over the globe on board and be closer to where our customers and users are in over 65 countries. The new funding we have secured will help us to achieve all this, to create a better CartoDB.

It is a privilege to be able to live these times, with these top tier partners, incredible team and top-notch technology. I am grateful for the opportunity and of course, frightened about the responsibility. We have a grand vision and now we need to execute and deliver to the expectations.

Scaling up a startup is actually not about doing many more things, but about focusing on the crucial issues and challenges you are facing every day. Doing less but better, and spending wisely, ambitiously but without extravagances.

We are just getting started, we need to prove that we deserve the attention and the resources we got so far and we have a long way and extreme effort ahead of us, before we can call it a day.

But it is also important to celebrate the milestones, enjoy the path and be humble to recognize how big the role is, that luck plays in all this game.

Thank you for your support!.

Stay tuned for more awesomeness coming from the CartoDB team!

P.s.- More info about the announcement can be found here:

http://blog.cartodb.com/announcement-seriesb/

 

 

 

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Archivado en: cartodb, emprendedores Etiquetado con: accel, aquilino, arrola, cartodb, ciaran oleary, doing less, earlybird, focus, harry nelis, kibo, miguel arias, scaling up, series B, vitamina k

Miguel Arias

Acerca de Miguel Arias

He is an active Business Angel investing in Internet based start-ups in Spain. He founded Chamberi Valley, the leading network of consolidated tech entrepreneurs in Madrid.

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Comentarios

  1. angelarias dice

    septiembre 10, 2015 en 4:11 pm

    Enhorabuena a tan formidable equipo. Y, especialmente, a Javier, a Sergio y -que el orgullo paterno se me perdone- a ti, querido hijo.

    Responder
    • Miguel AriasMiguel Arias dice

      septiembre 10, 2015 en 10:32 pm

      Gracias!!!!!!! son proyectos intensos que llevan mucha energía contenida, pero que avanzan, con sudor, pero avanzan.

      Responder
  2. Luis M. Moya dice

    mayo 13, 2016 en 12:45 am

    Enhorabuena Miguel, soys un ejemplo a seguir

    Responder

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  1. Los nuevos CTOs | No sólo software dice:
    septiembre 16, 2015 a las 6:28 am

    […] público un acuerdo por el cual obtiene 23 millones de financiación externa. Miguel Arias, su CFO, ha escrito sobre esto también con números interesantes. Pero el que realmente captó mi atención ha sido el post de […]

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Miguel Arias Follow

Proud dad. Investing, helping and learning as general partner @Kfundvc. Once @Telefonica/@Wayra, always @Telefonica/@wayra. I love @CARTO maps

mike_arias
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jasonlk Jason ✨2022 SaaStr Annual Sep 13-15 ✨ Lemkin @jasonlk ·
12 Ago

When you interview for a VP of Sales, don't ask them how they do sales

They are all really, really good at talking about process

Ask them how they will get you more customers

Most won't have a good answer

Reply on Twitter 1557891364729327617 Retweet on Twitter 1557891364729327617 16 Like on Twitter 1557891364729327617 159 Twitter 1557891364729327617
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fundacionbkt Fundación Innovación Bankinter @fundacionbkt ·
12 Ago

¿Las claves para #emprender? 🤔

@mike_arias nos las da en #Innoverse 4:

✔️ Saber qué haces mejor que otros
✔️ Un equipo con pasión por su trabajo
✔️ Aprender de tus clientes
✔️ Iterar todo lo posible

¿Quieres saber más?

🎙️ https://www.fundacionbankinter.org/podcast/innoverse-emprendimiento-con-miguel-arias
📖 https://www.fundacionbankinter.org/noticias/innoverse-5-pasado-presente-y-futuro-del-emprendimiento-en-espana

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mike_arias Miguel Arias @mike_arias ·
12 Ago

Said so.

Gil Dibner 🇺🇸🇮🇱🇪🇺 @gdibner

Starting to see the direct impact of big funds that did $1M-$5M throwaway "seed" checks to buy optionality. It ain't pretty.

Reply on Twitter 1558015129001795584 Retweet on Twitter 1558015129001795584 Like on Twitter 1558015129001795584 1 Twitter 1558015129001795584
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parikpatelcfa Dr. Parik Patel, BA, CFA, ACCA Esq. (drpatel.eth) @parikpatelcfa ·
10 Ago

A guide to living in New York City

Reply on Twitter 1557422097764438017 Retweet on Twitter 1557422097764438017 3555 Like on Twitter 1557422097764438017 41993 Twitter 1557422097764438017
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martin_casado martin_casado @martin_casado ·
10 Ago

An exceptionally reflection on the difficulties of building an AI company

".. I came to believe that selling data products was the wrong business model for AI startups."

https://philosophygeek.medium.com/meditations-a-requiem-for-descartes-labs-8b913b5e898

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