Ep 72: From (almost) DropKick to Scaling Fast-Growing Startups | Vincent Wei (Head of Growth, VEED.IO) - a podcast by Ling Yah

from 2023-12-13T20:10:48.859199

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Vincent Wei is the Head of Growth (Product & growth) at VEED.IO, one of the fastest growing startups by revenue in the world. 

He was first introduced to the world of startups when he began CodeCreate, one of Australia’s first coding school for kids, while still at university. The school generated 6-figure revenue but his next startup unfortunately didn’t do so well.

Burnt out, Vincent decided to take a break and travel the world before returning as Employee #3 on the growth team at AirTasker - which later became one of Australia’s largest marketplace for services. That was no mean feat, given that the startup was burning $35 million annually and on the verge on collapse then!

They managed to turn the startup around but Vincent left before AirTasker IPOed in 2021 (and we discuss why in this episode!) to join VEED.io - the Canva of video editing - as Head of Growth. VEED recently raised $35M from Sequoia and is currently going through an exciting growth phase, so this is definitely a startup to keep an eye on!

Highlights:

  • 3:32 How Harry Potter helped Vincent learn English
  • 5:20 Being driven to succeed
  • 8:41 Not wanting to be a dropkick
  • 13:51 Founding CodeCreate to teach kids how to build Minecraft
  • 18:48 How CodeCreate’s cohort went from 3 to 86 kids
  • 23:00 Getting a contract role at Suncorp
  • 29:29 Founding his 2nd startup
  • 32:37 How Lambda School inspired them
  • 35:48 Why Cody failed
  • 38:16 Travelling the world
  • 42:35 The power of LinkedIn outreach & chatting with James Clear
  • 47:26 Joining AirTasker when it was burning $30 million annually
  • 49:27 How they turned AirTasker around
  • 54:51 Why Vincent left AirTasker
  • 56:25 How Vincent’s role at VEED has evolved over time
  • 59:09 What Vincent looks for when he hires
  • 1:01:08 Influencing others virtually


📍Show notes: www.sothisismywhy.com/72                

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P/S: "Dropkick" is an Australian slang that refers to someone who isn't very smart & hasn't made it very far in life.

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