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Rookie CEO Grows Up …Reluctantly Giacomo ‘Peldi’ Guilizzoni - Business of Software 2015 - @peldi #BoS2015

BoS2015 - Peldi, Balsamiq - Rookie CEO Grows Up. Reluctantly

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Page 1: BoS2015 - Peldi, Balsamiq - Rookie CEO Grows Up. Reluctantly

Rookie CEO Grows Up …Reluctantly

Giacomo ‘Peldi’ Guilizzoni - Business of Software 2015 - @peldi #BoS2015

Page 2: BoS2015 - Peldi, Balsamiq - Rookie CEO Grows Up. Reluctantly

0

5

10

15

20

US$0

US$1,000,000

US$2,000,000

US$3,000,000

US$4,000,000

US$5,000,000

US$6,000,000

US$7,000,000

2008 2009 2010 2011 2012 2013 2014 2015*

Revenue Profits Employees

Page 3: BoS2015 - Peldi, Balsamiq - Rookie CEO Grows Up. Reluctantly

All according to plan, right?

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This talk will expose how I truly don’t know what I’m doing

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2007 The Initial Plan

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Web Office Plugins

No Desktop No SaaS

Page 8: BoS2015 - Peldi, Balsamiq - Rookie CEO Grows Up. Reluctantly

That Didn’t Work Out• Had to do Desktop

• I took it to 3,000 customers (8 months or so)

• Had to ask my wife for help

• I woke up thinking I was going to die

Page 9: BoS2015 - Peldi, Balsamiq - Rookie CEO Grows Up. Reluctantly

2009 The 2nd Plan

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That Didn’t Work Out Either• Customers just kept coming

• Your dream vs what the market wants.

• “Natural size” of a company

• Looking for a new vision…

• I just want to code!

• Hire a CEO?

Page 13: BoS2015 - Peldi, Balsamiq - Rookie CEO Grows Up. Reluctantly

Sep. 2010 A 3rd Plan Appears…

At this point it was cameras off, and Twitter silence. This section of the talk will not be available on video

and slides unable to view, you had to be at Business of Software Conference USA 2015 to see it.

This section was spent discussing every aspect of an acquisition bid for Balsamiq.

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2012 A 4th Plan!

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That Was

Exhausting

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Hmm…

Literally creates worlds for a living Sets all the salaries

Page 22: BoS2015 - Peldi, Balsamiq - Rookie CEO Grows Up. Reluctantly

http://bit.ly/balsamiqpolicies

Page 23: BoS2015 - Peldi, Balsamiq - Rookie CEO Grows Up. Reluctantly

http://bit.ly/balsamiqpolicies

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Late 2013 5th Plan!

Page 26: BoS2015 - Peldi, Balsamiq - Rookie CEO Grows Up. Reluctantly

http://bit.ly/balsamiqpolicies

Page 27: BoS2015 - Peldi, Balsamiq - Rookie CEO Grows Up. Reluctantly
Page 28: BoS2015 - Peldi, Balsamiq - Rookie CEO Grows Up. Reluctantly

http://bit.ly/balsamiqpolicies

Page 29: BoS2015 - Peldi, Balsamiq - Rookie CEO Grows Up. Reluctantly

http://bit.ly/balsamiqpolicies

Page 30: BoS2015 - Peldi, Balsamiq - Rookie CEO Grows Up. Reluctantly

http://bit.ly/balsamiqpolicies

Page 31: BoS2015 - Peldi, Balsamiq - Rookie CEO Grows Up. Reluctantly

http://bit.ly/balsamiqpolicies

Page 32: BoS2015 - Peldi, Balsamiq - Rookie CEO Grows Up. Reluctantly

http://bit.ly/balsamiqpolicies

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I even gave in to business cards!

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The “B” Word

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do you think the company is the right size?

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It’s Working Pretty Well, But Still…• remote working is hard

• hard to see if someone is underperforming

• decisions without all of the stakeholders

• loneliness

• “the office"

• culture evolution is hard on people

• becoming boring

• revenue growth slowing down

• maybe…competition (finally) appearing

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2014 Oh, and another thing…

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2015 Right Now

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Right Now• I’m MUCH better, thanks for asking

• We’ve hired 4 people this year (2 dev, 2 support)

• Balsamiq Mockups is finally maturing

• Native versions coming together

• Another somewhat painful year of transition ahead

Page 42: BoS2015 - Peldi, Balsamiq - Rookie CEO Grows Up. Reluctantly

Current Set of Worries• fear of getting comfortable

• reaching 20…will we have to come to grips with “the m word” soon?

• maybe standard organizational models are not that bad?

• heads down too long, not doing enough inspirational leader thing?

• don’t really have a 5-year plan

• have I reached my limits?

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