Company Stats:

• Founded: 2022
• Revenue: $3 million in ARR
• Employees: 40

Episode Highlights:

• ✅ Adam Spector transitions from a service business to founding Levy, focusing on back-office operations for startups.
• ✅ Levy, under Adam’s leadership, approaches $3 million in ARR with a robust team of 40, highlighting significant growth.
• ✅ From a $10 million raised startup to founding Levy, Adam utilizes past experiences to enhance his current venture.

Episode Summary:

In this episode, Adam Spector, founder of Levy, discusses the evolution of his entrepreneurial journey, emphasizing the transition from his previous venture to starting Levy. He highlights how past experiences and the initial concept of automating back-office operations for startups led to the creation of Levy. With nearly $3 million in annual recurring revenue and a growing team of 40 employees, Levy aims to alleviate the back-office burdens for startups. Adam also delves into his investment strategies, sharing insights from participating in over 150 startup investments and the philosophy behind spreading risks as an investor compared to the all-in commitment required as a founder.

Chapters:

00:00 Intro

00:07 Company Stats

00:35 Learning from Past Ventures

01:42 Investment Strategies and Startup Insights

04:44 Lessons from Failure

06:15 Investment Successes and Philosophy

08:18 Personal Investment Strategies and Startup Passion

10:18 Connect with Adam

Learn more about Levy