41 min listen
617: The Care and Feeding of the Procurement Startup Ecosystem w/ Jack Freeman
617: The Care and Feeding of the Procurement Startup Ecosystem w/ Jack Freeman
ratings:
Length:
33 minutes
Released:
Aug 14, 2023
Format:
Podcast episode
Description
“There are two ideal profiles for a procurement founder … you have industry veterans that live the problem, feel the pain, go out and create a solution to solve that pain. That’s been a tale as old as time. … There’s also serial entrepreneurs that don’t have a procurement background but understand a problem and want to go study it and bring on others to help them.” In recent years, there has been an “explosion” of procurement tech startups. But not all procurement startups are able to reach their full potential. In this episode from Digital Outcomes 2023, Philip Ideson speaks with Jack Freeman, procure tech investor and Partner at PeakSpan Capital, about the challenges and opportunities procurement tech startups face, particularly in category specialized solutions like SaaS, vertical software, finance, or construction. Jack shares his perspective on: The most common reasons procure tech startups struggle Strategies for avoiding the most common roadblocks founders and CPOs face when working with or launching young or emerging technologies The skills and background procurement tech founders should develop to successfully raise the capital they need to scale their technologies and go to market The nuances of what makes a successful procure tech founder Links: Jack Freeman on LinkedIn Watch Digital Outcomes 2023 on Demand
Released:
Aug 14, 2023
Format:
Podcast episode
Titles in the series (100)
014 - Learn How Google’s Strategic Sourcing Team Became a Trusted Business Partner, with Tim Jones: From the start of Art of Procurement, I have planned on recording a series of “how-to” or case studies that highlight the steps that leading companies are taking to tackle their most difficult procurement challenges. I’m excited to share with you th by Art of Procurement