Built in Seattle with Adam Schoenfeld

Joe Davy on bootstrapping Banzai to a multimillion-dollar, 50-employee business

Episode Summary

Banzai became a multimillion-dollar business without raising venture capital. CEO Joe Davy chose this path after getting told "no" over 80 times. Hear how this became a gift and forcing function for Joe's long-term mindset.

Episode Notes

Joe Davy's first venture was feeding chickens in North Carolina. He came to Seattle to join Avalara. Then, at 26 years old, he co-founded Banzai. In just 4 years, he's bootstrapped the business to millions of ARR, grown his team to 50 employees, and been named to Forbes 30 under 30. We got behind the scenes on Joe's journey, the benefits and challenges of bootstrapping, and Joe's mental models for building his business.

Highlights:

Guest Bio:

Joe Davy is an entrepreneur and investor in Seattle, WA. He has been the co-founder and CEO of Banzai since 2016. Forbes magazine named Joe to its 30 Under 30 list in 2019. Joe is also a board director at Legalpad and the North Carolina Museum of Art Foundation. Today, Banzai is the leading event marketing automation platform, with over 200 customers including Microsoft, Dell, Vmware, SAP, and RingCentral. Prior to founding Banzai, Joe was General Manager at Avalara, where he oversaw small business and enterprise business units and was a member of the Avalara leadership team. During his tenure, Avalara grew to over 1,500 employees in 16 global offices with over $150M in revenues. 

Joe is an avid bluegrass music fan and outdoorsman – hiking, skiing and fishing around the Pacific Northwest.

Where to Follow Joe:

https://twitter.com/jpdavy

https://www.linkedin.com/in/joedavy/

Where to follow Adam:

https://www.linkedin.com/in/adamschoenfeld/

https://twitter.com/schoeny

Feedback? Suggestions on who to interview? Email me anytime - adamseattlepodcast@gmail.com