The Essentials of Being a Good Founder

The Tech Trek

06-06-2024 • 25 mins

In this episode, Amir hosts Healey Cypher, CEO at BoomPop and COO at Atomic. The discussion covers various aspects of being a good and successful founder, what makes an idea backable, and the differences between successful and unsuccessful entrepreneurs. Healey shares his background as a serial entrepreneur and gives insights into his companies, BoomPop and Atomic. The conversation includes key considerations for making a business VC backable, understanding total addressable market size, the importance of trust in entrepreneurship, and tips on identifying your strengths and complementing them with the right team. Healey also emphasizes continuous learning and practical financial knowledge for entrepreneurs.

Highlights

00:35 Background and Career Journey

01:43 The Rise of BoomPop

04:02 What Makes a Good Founder?

06:23 VC Backable Ideas vs. Lifestyle Businesses

12:05 Execution and Skill Development for Founders

18:43 Building Trust as a Founder


Healey Cypher is the CEO of BoomPop, and Chief Operating Officer / Partner of Atomic. He has spent his career building and selling companies that center around great customer experience. Healey sold his last two companies: ZIVELO which he sold to Verifone in 2019 after 15 months of taking the reins as CEO, and Oak Labs, which he sold to Zivelo in 2018. Before that, Healey was the Head of Retail Innovation at eBay. Chief of Staff to the CTO of eBay, and lead all business development for milo.com which he helped sell to ebay in 2010.

He has been recognized as Silicon Valley Business Journal’s “40 under 40,” WWD’s “Ten of Tomorrow,” and one of Goldman Sach’s “Top 100 Most Intriguing Entrepreneurs.” He has also done dozens of keynotes and live TV (most nerve-wracking: CNBC Closing Bell, for sure.)

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