The Inside Story of How This Startup Turned a 216-Word Pitch Email into a $2.6 Billion Acquisition
Original source - firstround.com
In August 2011, Lloyd Tabb started writing the first few lines of code for what would eventually become Looker. His co-founder Ben Porterfield joined a few months later to help build out the product. By experimenting with different delivery models and cultivating a small yet mighty fanbase of early customers, they were able to bootstrap until they raised their seed round in the summer of 2012, which was co-led by First Round’s Bill Trenchard. A few key early hires joined in the months that followed, and Looker emerged from stealth in March 2013. Several months later, Frank Bien came on as president and, after going shoulder-to-shoulder with Tabb on the fundraising frontlines in their Series A round, took over as CEO to firm up the sales motion and scale the business.
Fast forward ahead of these early markers to June 2019, when Google Cloud announced its intent to acquire the data analytics startup, inking a $2.6 billion deal that was one for the history books. In a little more than seven years, Looker went from a single customer to more than 1700, from a small, scrappy team in Santa Cruz to a 700-person company spanning eight offices around the globe.
Read the rest of the story at firstround.com