Latest / Women Disrupting Tech / Arosha Brouwer on Scaling Workplace Wellbeing with Impact and Integrity | Ep 122
Transcript
- 0:10Welcome to Women disrupting Tech.
- 0:13My name is Dear Kanupkas, and on this podcast I give the women
- 0:16who work in tech the platform they need to.
- 0:19Inspire and empower each other. Join me on a journey into the
- 0:23world of entrepreneurship, funding biases, and role models
- 0:28to discover the strategies for success in the tech industry.
- 0:32In other words, how women can disrupt tech.
- 0:36Are you ready to listen? Hey, welcome back to Women
- 0:45Disrupting Tech and thank you for tuning in to Episode 122.
- 0:51You probably know that scaling your company too soon can weaken
- 0:55your mission and your product. But did you know that sometimes
- 0:59scaling is not even done by adding more features or people?
- 1:04Meet Arocha Brauer, she is the Co founder of Guan and now also
- 1:09the Chief Impact Officer at True Tribe.
- 1:12You may have heard her before on episode 3 and 49 sharing her
- 1:16founder journey and in this episode she returns to share how
- 1:20exiting to True Tribe helped her skill the impact of Guan's
- 1:24workplace well-being solution. In this episode of Women
- 1:28Disrupting Tech, Arocha shares three important learnings from
- 1:32her female founder journey. First, you'll learn why scaling
- 1:36to become an end to end solution was never the right way to grow
- 1:40for Guam. Second, you'll discover how she
- 1:44preserved the mission and the impact of the solution she had
- 1:47built. And 3rd, you'll hear what
- 1:50expectations came with getting a platform and funding.
- 1:53As a female founder. My take away from the episode
- 1:57and exit is not the end of the story.
- 2:00It's a great way to continue your legacy.
- 2:03So when you're ready to listen and learn how Arosa skilled work
- 2:07based well-being with impact and integrity, please welcome back
- 2:11to women disrupting tech Arosa Brauer.
- 2:15So Arosa Brauer, welcome back to women disrupting tech.
- 2:19Welcome for your to your first. Yeah, it's first episode.
- 2:24We're having you so good to have you.
- 2:27So tell us all about your new position at True Tribe, as in
- 2:33Chief Impact Officer. Thank you.
- 2:36Thanks Dirkian, for inviting me back.
- 2:39I always enjoy our conversations both on the podcast and off the
- 2:42podcast. Yes, it's a, it's a new world.
- 2:47My new role as chief impact officer at True Tribe.
- 2:50It's really close to, I think why I commenced this journey or
- 2:56the journey behind Kwan because it always was a bad impact.
- 3:00And when Micah and I first discussed what the title could
- 3:05be, it came down to, you know, Arosa, tell me what, what do you
- 3:12want to do with your time? You know, what would you ideally
- 3:15like to do going forward? And I said to her, you know,
- 3:19it's always been about impact for me.
- 3:21It's always been about solving a real problem, suggesting the
- 3:25most relevant interventions to people and then being able to
- 3:29measure if it's working or not. And you know, this is a societal
- 3:34problem that we've undertaken to solve.
- 3:37And for me, it's about whether or not the solution that we've
- 3:41brought to market is working. And she said, well, that's
- 3:44simple then should we not have you as a chief impact officer?
- 3:49Well, that's Yeah. It's also cool that she ask you
- 3:54what you want to do to do with your time, that she wanted you
- 3:58on the team no matter what, and I think that's also a really
- 4:03powerful testament to who you are and what you've built with
- 4:07Qualm. Yes, but I would, I would, I
- 4:10would also add to that, I think it's also a testament to who
- 4:13Micah is. And I, I do believe she, she's,
- 4:19she's known Lucy and I for a while.
- 4:22She's been following the Quan story for a while and vice
- 4:27versa. And I think founders are
- 4:30typically stubborn. We don't typically like to take
- 4:33direction from people. But this is someone that I've
- 4:38deeply respected based on the journey that she's been on in
- 4:42the past with message Bird, but also her why behind Trutribe?
- 4:48It's, it's, it's very similar to mine, which is we're really
- 4:52trying to crack the code of well-being and, and, and making
- 4:55it work in the workplace. OK.
- 4:57Well then that's sort of a natural match because may be
- 5:01good to do rewind a bit. If I remember correctly, you
- 5:06already worked with Jorge von Dzac that two tribe is
- 5:13affiliated with or part of. Yes, correct.
- 5:16So Zorg finders arc is now known as the Colby network.
- 5:20So it's means collective betterment and it's it's super
- 5:25nice because it's it's made-up of a collection of different
- 5:28types of service providers. Geordie service, not software
- 5:33are in the occupational health domains.
- 5:35So very, you know, there's labels which are focused on
- 5:41coaching and providing clinical therapy.
- 5:45There are company doctors, there's various levels of
- 5:50leadership training and all these topics are related to
- 5:55sustainable workplaces and true tribe.
- 5:59So when we when we started our partnership, it was literally as
- 6:03a software partner just to because there were busy thinking
- 6:08about, you know, what are the different types of digital
- 6:12solutions they can bring into the market to complement the
- 6:17service offerings. And through that journey, True
- 6:22Tribe was formed which is an entity of the Colby Network.
- 6:27And it is essentially an end to end well-being platform, which
- 6:34has various components to it. So employee assistance programs,
- 6:40analytics, the marketplace of various providers, whether it's
- 6:48solutions such as therapy, clinical therapy, coaching, but
- 6:53we're going to be bringing on other solutions as well.
- 6:57And so it's it's got various components to it.
- 6:59And this is, if you can think of it like the digital layer to
- 7:03what's essentially being services.
- 7:07Yeah. And it's also taking, if I hear
- 7:10you correctly, a lot of services that are now traditionally
- 7:17offline, like therapy into the online world, but also bring
- 7:22them straight into the, let's say, occupational health domain.
- 7:30Yes, yeah, exactly. And one of the things that I
- 7:34failed to mention, but is a very, very important point when
- 7:37we think about the true drive offering is absence management,
- 7:43but using historical data to predict what might be happening
- 7:47in a workplace and thereby being better placed to offer
- 7:52interventions to reduce that. So that's predicting things like
- 7:57attrition, acting things like long term sick.
- 8:03Yeah, that's kind of fun. Sickness, absenteeism, long term
- 8:06absenteeism. Exactly.
- 8:08And, and, and this is really interesting because if we rewind
- 8:12and think back to Quan, Quan essentially had built a very
- 8:18specific team solution and we are able to identify at a deeper
- 8:24level what might be happening in a team and suggesting
- 8:27interventions to improve things that are happening in the team.
- 8:31Now by joining forces with True Tribe, True Tribe is able to see
- 8:36historical data on absentees and sickness.
- 8:39But also based on that, I think it's an 85% accuracy predict
- 8:44what might be happening in teams in the future.
- 8:46And therefore solutions such as the quant team solution can be
- 8:50suggested by OK, this particular department or this team is at
- 8:55risk. Therefore we suggest XYZ and and
- 8:59that is why I think this is a really strong end to end
- 9:03proposition. OK.
- 9:04So it's it's would it be then fair to say that the Quan is a
- 9:09service that then would be distributed through through
- 9:12tribe? Correct.
- 9:14Yes. OK, so because I was about to
- 9:16ask how how does Quan fit into the philosophy and service world
- 9:21of True Tribe? But that's basically what it's.
- 9:25So it starts with True Tribe signaling.
- 9:29OK, there's something itchy going wrong in your team.
- 9:34Start monitoring with Quan software or with the solution of
- 9:39Quan. So does Quan as a as a app name
- 9:43or as a as a company name, does it remain out there or does it
- 9:48now become a brand of true trial?
- 9:50Yeah. So I mean, for the first year,
- 9:52you'll still will still reference Quan, but the idea is
- 9:56that true tribe basically takes what it needs from Quan and
- 10:01builds builds out further. But I think there's two things
- 10:06from Kwan which are now in the foundations of true tribe.
- 10:11One is our scientific framework, which has has now been validated
- 10:15by kings and and that was like one of the most cool things that
- 10:21were important as part of their position because we've done this
- 10:24detailed study of what is well-being all these underlying
- 10:27predictors and that's now validated.
- 10:29And so you can't do any kind of matching without having a like
- 10:34proper framework. So that's the first part.
- 10:36And then the second thing is that team retro or the team
- 10:40solution, which is actually just one intervention.
- 10:43So you can think of the the core piece being the framework and
- 10:46the algorithms around that. And the second thing being an
- 10:49inbuilt team solution, which is a digital solution that can
- 10:52scale very quickly. Cool.
- 10:56So how how was this whole process?
- 11:01How did it work? So at some point you start
- 11:04working with short phone Zack, how to Kobe network and how does
- 11:09that evolve to what I think is an acquisition?
- 11:15Yeah, yeah. And this is, you know, we've, I
- 11:18don't know if we've talked, I think we did talk about this in
- 11:20our last podcast, which is it's not just what you know, but it's
- 11:24who you know. And you know, obviously in over
- 11:28the last year, I've talked to a lot of people around
- 11:30acquisitions and, you know, mergers and all sorts.
- 11:34And what I've really come to learn about acquisitions is it
- 11:39is about who you know, and especially if you're an impact
- 11:42founder, you don't just sell your company, you know, you,
- 11:47you, you really do it for a reason.
- 11:50And in our case, it was about scale.
- 11:53And it was super important for us to, to align ourselves with a
- 11:58company that had the same mission as us.
- 12:00That was like that is that is the most important thing for
- 12:03Lucy and I. It's five years of super hard
- 12:06work. It's our legacy.
- 12:08And it's not just Lucy and I, but also everybody else that's
- 12:11been involved. And we've been talking a lot in
- 12:15the market about well-being and being able to measure it.
- 12:18And so and the importance of that and the market really
- 12:22responded to that, that you know, we we got a lot of media
- 12:26coverage for that. And so we felt that we needed to
- 12:30find a way to continue that message and only with a company
- 12:36that had the distribution reached but was 100% aligned.
- 12:39And so as part of the collaboration with
- 12:42Zorgfundazaki, then named Zorgfundazak, it was very, very
- 12:48clear that within this network, health and well-being is a
- 12:55priority. It's, it's, it's seen in, in all
- 12:58the activities and events that they do.
- 13:00It's seen in the messaging. If I look at the individual
- 13:05labels of the Kobe network, the directors typically have, you
- 13:10know, 2025 years experience in mental health, various doctors.
- 13:15And there's actually one lady who runs I Mind Life that's
- 13:20studied theology. She was a priest.
- 13:23So I find myself surrounded by super smart, purpose LED people
- 13:29that truly prioritize health and well-being.
- 13:32And then, you know, of course there's a there's a, the range
- 13:35of doctors and, and so this commitment to the topic and
- 13:40science was for me and Lucy, incredibly important.
- 13:47And that was the first thing we need to establish before
- 13:50thinking about do we want to be part of this network, right?
- 13:56And so the conversation, right, acquisition probably started
- 14:02about a year ago and then serious steps started probably
- 14:07in December, January, I'd say. So it's quite far, six months,
- 14:13but it was getting to know each other, understanding what we
- 14:18wanted to do independently. I mean, it was like, what does
- 14:22True Tribe want to do? What does Kwan want to do?
- 14:25What does Lucy want to do? What does the Roche want to do?
- 14:27What does Mike want to do? You know, So we had all these
- 14:30layered conversations and we took the time to really
- 14:34understand all of that and obviously involve our investors
- 14:39in those conversations and we had huge support.
- 14:44I have to really thank my investors for thinking along and
- 14:51being super cool. Can you give an example of
- 14:54thinking along? Yeah.
- 14:56I mean, when the question of, OK, who would we want to partner
- 15:00with Kmart, it's, you know, very clear with this makes sense for
- 15:05us For these reasons. And there are certain types of
- 15:11pathways we weren't willing to take and there was no question
- 15:17about that. And our investors have trusted
- 15:22the decisions we've made. And I'd like to believe that
- 15:28it's because of the integrity that we've demonstrated for the
- 15:32last five years. And so it's with transparency
- 15:37and integrity and respect that we've had conversations, they've
- 15:41helped on various aspects, whether it's reviewing documents
- 15:45or just asking us questions to understand the deal better,
- 15:49right? But it was it always came from a
- 15:52place of how do we ensure the mission of Quan is prioritized?
- 15:57And how do we ensure that you as founders, but also your team
- 16:02have what you need? And that that for me, as as as
- 16:07left a really warm and fuzzy feeling.
- 16:10Yeah, now I can imagine. Right.
- 16:12Which not which not every exited founder can attest to.
- 16:16No, no, I mean, it's really powerful if you can go into a
- 16:21process from a place of OK, we just trust the the outcome
- 16:26because we trust people because essentially that's what I'm
- 16:30hearing you say, right? A. 100% And I mean, of course
- 16:33there were questions and we've had many conversations, but I
- 16:39don't think that was ever a question mark.
- 16:42I and I was certainly not made to feel that way.
- 16:44And so for that, I need to thank my investors.
- 16:49Yeah, So what, just let's just rewind a tiny bit because I was
- 16:54wondering what at what point did you become convinced?
- 16:59Like, OK, if we want to prolong the life of Guam, we need to go
- 17:05the acquisition route and not the independent route.
- 17:08So what triggered that? I think about two years ago when
- 17:14the market started to shift, we started to see a difference in
- 17:19the appetite of our previous buyers.
- 17:24Now luckily for us, we already had a proven solution.
- 17:27We, we had a net revenue retentions of 120% and we had a
- 17:31few big logos which are expanding.
- 17:33So we knew what we feel was working.
- 17:36But the question is, is how do we now replicate it?
- 17:41And it was becoming increasingly harder for us to, I mean, what
- 17:48we, what we'd learned was that we'd feel a very, very unique
- 17:52deep solution, but it was not an end to end stand alone.
- 17:59And so we need to be part of something, right?
- 18:02And so we spent about a year investigating what are the
- 18:05various options to be part of something?
- 18:07What would be a, want to be part of and B, what are the, what are
- 18:10our options? And then what we learned was,
- 18:13yes, the market was ready for that, but not so much in a
- 18:19partnership, but more of a merger or an acquisition.
- 18:23And so the conversations we were having with those companies was
- 18:27in that flavor. So you know, the question is, is
- 18:32do you want to raise more money, maintain ownership and try and
- 18:37build this thing yourself or do you start to look at M&A options
- 18:41and what what are you going to look at?
- 18:44And so loose and I again is this sounds terrible, but I emailed
- 18:50this to one of our investors the other day.
- 18:51It was never about ownership. It was always about impact.
- 18:55And you know, we've always said that we're a movement dressed up
- 19:00as self. And so for us, it didn't really
- 19:05matter from an M and a perspective.
- 19:08What we knew was if we'd done the independent route, the
- 19:10chance of failure was much, much higher.
- 19:14And everything we've built and what we stand for is way more
- 19:18important than that. And so we started to look at M&A
- 19:21and what that entails and having serious conversations with
- 19:25potentials. OK, so at some point you found
- 19:28out that let's say the appetite to or that there was a fit, but
- 19:36it wasn't a full with fit, let's say so and not end to end, yes.
- 19:43Then what triggered you to decide, OK, let's go for the
- 19:48acquisition round and not build the the the built in end to end
- 19:53solution. I mean, it's very simple, right?
- 19:56I mean, to build something like that out can, can be very, very
- 20:00expensive. It's riddled with uncertainty.
- 20:04It's going to take a lot more time and a lot more money and
- 20:07so. And, and I'm not talking about a
- 20:10difference of a million or two. This is like upwards of of five
- 20:13to 10 million, right? Because you don't, you don't
- 20:16just build an NTN platform, you also have to build your NTN
- 20:20sales and marketing channel, right?
- 20:22And so, so that's what we're up against.
- 20:25But I think it's, I think it's important also for me to mention
- 20:31what the solution we built does, right?
- 20:34And we did a really interesting exercise, you can call it a
- 20:40customer research, but also prospect research about a year
- 20:44and a half ago. And what we discovered is that
- 20:48Quan is a little bit like a a super tool at your dentist.
- 20:55And what I mean by that is we are good at identifying teams or
- 21:03areas where things might not be going well and then being able
- 21:08to fact find what actually is happening and then involve the
- 21:11leader and the team to fix it. Right.
- 21:14So let's let's use the analogy of a dentist.
- 21:18If I'm to e-mail you, you're just sitting there behind your
- 21:22laptop and you receive an e-mail from someone saying, hey,
- 21:26Jerkyan, do you have a pain in your in the backside of your
- 21:32molars, like top, top left? Does that hurt?
- 21:36Is there something wrong with your mouth?
- 21:39You're probably wondering who the hell is this and why are
- 21:44they emailing me, right? If you go to the dentist and
- 21:48they're looking at your teeth and they say, hey, we've seen a
- 21:52problem here, but I've got a solution which I can use and the
- 21:57pain will go away. It'll fix the problem.
- 22:00Were you going to trust that cold outbound e-mail or your
- 22:03dentist? Yeah, probably the dentist in
- 22:06this case. Exactly.
- 22:08So Quan Quan being that specialist tool for that
- 22:11specific problem needs to be in the hands of a dentist, right?
- 22:16And that's, and, and The thing is, is we as founders, we're not
- 22:21interested in building the, the, the, the dentist studio or
- 22:25whatever they call it, right. And then like outfitting the
- 22:27dent, we were, we were solving that problem, right.
- 22:31We're happy to solve. Well, we didn't care about
- 22:34fixing people's crooked teeth and everything else around it,
- 22:36right? And and and.
- 22:38You were there. Let's say the X-ray that
- 22:40identifies the the the exactly. Exactly.
- 22:43And so we, we discovered that this is the problem we solved
- 22:46well, and this is what we're really interested in.
- 22:49And in order for us to outfit the whole thing, it'll cost us a
- 22:53hell of a lot more and take us a lot of time, but it also takes
- 22:57us from the initial thing that we wanted to do.
- 23:00And and so we're at this juncture where we need to
- 23:03decide, is this, is this the path or are we just going to
- 23:06double down? And so the option to double down
- 23:09and have be part of a company which will have the resources to
- 23:13do the rest, it's hugely appealing.
- 23:15And the reason why this acquisition made a lot of sense
- 23:18because we also recognize the need for other services.
- 23:23It's just that we were focused on one thing and now?
- 23:27As A and also you were focused on one specific, being good at
- 23:32something very specific, but also at the impact you were
- 23:35creating as a result. Well, I mean was it 80% of the
- 23:40teams like super high where we ended up, it was 90% of the
- 23:45teams improved their sub dimensions by an average of I
- 23:50don't even know that 3040% within 12 weeks.
- 23:52It was like crazy how it was working, you know, so and, and
- 23:56for us, we were high fiving each other because it was working and
- 24:00on so we didn't want to water that down.
- 24:03Now I understand if something is working, you want to keep it
- 24:09working and also improve that part that you're really good at,
- 24:12yeah. And, and when you have a certain
- 24:16size of team or resources, you know, one thing that we learned,
- 24:20I don't know if it was from YC, but you know, just along the
- 24:23journey as a startup or a scale up smaller company, right?
- 24:27Less than 20 people, you can't do everything, right?
- 24:33So if you're not focused, you could die in the process.
- 24:37You just, and so for us, it was about what do we focus on?
- 24:41What do we want to double down on?
- 24:43And this is, this is, this is ultimately what it was.
- 24:46Yeah. And how do you preserve your
- 24:49legacy? And that's by key, by staying
- 24:51alive and then becoming part part of a bigger organization
- 24:57that that solves the end to end problem.
- 25:00The end exactly that solves the end to end and then all of our
- 25:05knowledge. And I think this is what was
- 25:06also interesting for the Colby Network or for True Tribe
- 25:10specifically is the knowledge and insights that we bring from
- 25:15five years being in the market and building in the market.
- 25:17Because it's not that we haven't noticed what's happening on the
- 25:21periphery. On the contrary, we've seen all
- 25:24of the movements. And so we come in with a with a
- 25:27real kind of view of, OK, these are really great players in the
- 25:31market and this is what makes them good.
- 25:33These are the things that we did not look at, but we think are
- 25:35really interesting and and I think that makes also brings a
- 25:39lot of value. What new opportunities arise for
- 25:43Quan or for the software as a result of this acquisition?
- 25:49It's very clear distribution and reach, yeah, I mean.
- 25:53But also larger organizations than you've been able to service
- 25:56so far. Yeah, Yeah.
- 25:58I mean that they will come in, in the next few months as we're
- 26:02sort of deep into the integration now, but it's just
- 26:05the, the, the brands and the, and the reach is just that much
- 26:09bigger. You know, you can't go knocking
- 26:12on the door of some of these big logos as a as a start up.
- 26:16It's just, I mean, not to mention any names, but I was
- 26:19talking to a bank. It's been more than a year and I
- 26:22think we're getting finally ready to do a pilot, you know,
- 26:25meanwhile, the acquisitions taken place, you know, all of
- 26:27those relationships are already established here.
- 26:30And so it's much easier for them to say, hey, we've got this
- 26:34thing, shall we turn it on, you know, and that's infinitely
- 26:39different. Yeah, absolutely.
- 26:42The sales cycle is a lot shorter than also because you have
- 26:47people on the floor that already have sputter problem and who
- 26:51have already convinced the customer that they have the
- 26:54issue so they might as well turn that on for.
- 26:59We found our dentist. Yeah, I'll use that as a quote
- 27:03we found. I love the analogy.
- 27:07Maybe, maybe not so appealing for to most people, but in this
- 27:10case it's very telling I think. Sense, right?
- 27:12Yeah. So I want to shift gears a bit
- 27:17because a while ago we discussed and I remember being in the in
- 27:23the gallery and you told me something that really stuck with
- 27:28me for a long, long time. And that is that you felt the
- 27:36pressure to perform as a female founder of color.
- 27:42Can you double click on that for me?
- 27:44I think that, you know, we all know the statistics that it's
- 27:48less than 2% of women founders that actually raise BC money in
- 27:53Europe. And so Lucy and I are, you know,
- 28:00the, what do you call it? The lucky?
- 28:04I don't know. I don't like to use the word
- 28:06lucky. I think we're just just part of
- 28:08that that that. Let's call it a chosen 1.
- 28:11Yeah, which is also not fair because there's plenty of
- 28:14amazing founders out there, women found.
- 28:18And what I was saying to you when we spoke was those of us
- 28:24that have raised capital and or received media attention,
- 28:29whether we speak about it publicly or not, we feel the
- 28:34sense of responsibility to make our companies a success for the
- 28:40sisters that come after us, right?
- 28:44Because if it's already hard to raise you, you want more success
- 28:51stories so that it's easier for those after us to raise.
- 28:57And so when I was talking to you, I think it was gone back
- 29:02almost a year and a half or maybe though times are tough,
- 29:06it's tough times. I said to you to Jan Quan has to
- 29:10succeed because we stand for more than just us.
- 29:16And I mentioned this story and that's that's that's what I was
- 29:20referring to. And I still stand by that.
- 29:22You know, it may be, you know, and I remember like other
- 29:26founders, even my investors saying you don't need to carry
- 29:30that. That's not it's not your burden
- 29:34to bear. And I'm like, yeah, but if all
- 29:35of us think of that, then then what's left, right?
- 29:41But if all of us do think like that.
- 29:43Is that also part of the impact you were hoping to achieve?
- 29:48I mean, when we started Kwan, we really did not think anything
- 29:51about the plight of the woman founder.
- 29:53That was never, but because we've raised from Joanna Invest
- 29:59and her slab and enormous support that they've shown us,
- 30:03because I've been on your podcast, because I've talked
- 30:07about this topic in the media, I now feel that sense of
- 30:11responsibility, right? And so I didn't understand much
- 30:15of it before I started this whole thing.
- 30:17And now I do. And now it's something that I
- 30:22find very important, very important.
- 30:26Yeah. So I was wondering, so because
- 30:30you build a company Quan and at some point you end up being
- 30:38acquired, how difficult was it to quote UN quote let go?
- 30:44That was very easy because it was never about ownership and it
- 30:49was always a movement. And something I think I
- 30:53mentioned to you, I was pregnant when the idea of Quan came
- 30:57about. And so I never felt that Quan
- 31:02was my baby because I was actually growing a baby.
- 31:06And when Quan came to fruition, there were so many people behind
- 31:12it. I mean, there still are.
- 31:15You know, we're talking about more than 40 different people
- 31:19being part of the Quan journey as a team member.
- 31:22We're talking about €3 million in investment from a number of
- 31:27funds both in Europe and the US and each of those funds have
- 31:32various people that have played a role.
- 31:36All the legal advice, all the tax advice, our customers, our
- 31:40suppliers. I mean this, this whole thing is
- 31:44not just Lucy or me, It's not mine, right?
- 31:49Our community, I think at its peak, more than 300 people in
- 31:52there standing for it. Like saying this is really
- 31:56important. It really is a movement, right?
- 31:59So when the decision was, how do we ensure that she, because we
- 32:06said that Juan was a, a female, a woman, not a woman, but a
- 32:12female entity. She needs to succeed, right?
- 32:17She needs to somehow or another find a way to continue the work
- 32:23that she is capable of doing. It was a simple passing of the
- 32:27baton and Lucy and I are honoured to be part of the
- 32:33journey still. But we don't own it right.
- 32:38We're a part of it, but to be honest, we're always like that.
- 32:41Yeah. So that just out of curiosity
- 32:45then how has, because in a moment ago we talked about the
- 32:50pressure you felt as a female founder because you were able to
- 32:53raise. How has that helped you build
- 32:58Squam and go through the acquisition process?
- 33:02Has that pushed you forward? Has that?
- 33:06Yeah. I mean, no, I think when you're
- 33:10I needed, I needed the the mission to continue, right?
- 33:16And I needed there to be a story in the market which stated that
- 33:24it is possible as a woman or woman of color, also
- 33:28non-technical that has an idea that can help the world.
- 33:33It is possible for her to start from zero, from Ground Zero with
- 33:38no connections and no money to build something which is then
- 33:44acquired by a larger company and where the mission is safeguarded
- 33:50to impact hundreds and thousands of lives like it is possible.
- 33:55I needed that story. I needed the story that you can
- 33:58take an idea and bring it so far and improve people's lives and
- 34:03not by 10s or hundreds, hundreds of thousands, if not millions.
- 34:07That's I wanted to show that. And so if we had gone bankrupt,
- 34:12the story would have ended, right.
- 34:15But we did not. We were acquired where the
- 34:18company's mission is 100% aligned to the acquiring company
- 34:22and where Lucy is the chief product officer.
- 34:25So the new product sits under her and I'm the chief impact
- 34:29officer. So the measurement of how things
- 34:32work and saying basically, I've, I'm saying that I continue as
- 34:37the conscience of true tribe. It, it enables us to continue
- 34:43our work. And so it is a success story and
- 34:48it should then make others feel those that wake up with, I
- 34:54really think this is a problem that we need to solve.
- 34:57And I, I really want to be able to solve it.
- 35:00It is possible for you to achieve that.
- 35:02That was what I wanted to get at, right?
- 35:04And I don't, I don't have that pressure of fearing, you know,
- 35:11bankruptcy or, you know, all the stuff that founders go through,
- 35:18right? I don't, I don't have those
- 35:20pressures. No, not anymore now.
- 35:23But I, that was a price that I was willing to pay for the last
- 35:26five years. We face that, you know, you face
- 35:29a lot and bankruptcy is just one of them.
- 35:31Like you face a lot. But yeah, that was a price that
- 35:33I was willing to pay. And ultimately, it's paid off.
- 35:37Yeah, 100%. So if you would have to do it
- 35:42all again, what would you do the same and what would you do
- 35:46different? Let me first, let me just
- 35:49rephrase that. Would you do VC the VC route
- 35:53again? That's a good question.
- 35:54I think the VC route, what's important to understand and why
- 35:59see, makes it really, really clear they're trying to find the
- 36:03companies that are unicorns that are going to be worth a billion
- 36:07dollars or more, right? And recently I was speaking with
- 36:12an Impact founder actually working on a solution for mental
- 36:15health, and she will see about applying to YC.
- 36:19But then she outlined a couple of the initial principles, one
- 36:23of which you wanted to make it free and there's another one
- 36:28which basically meant the monetization and business model
- 36:31was going to be tough. And I my word of caution was not
- 36:34to go through EC and there are so many other funding options if
- 36:40you want to be a true social entrepreneur.
- 36:44Now your question was would I want to go down the VC route
- 36:51again Obviously I'm not thinking about founding anything anytime
- 36:56soon. If I was to if if if I came
- 36:59across an idea that you know satisfies a gap in the market
- 37:05monetization is clear. I need a lot of money to build
- 37:08it quickly and then this could be a billion dollar idea and you
- 37:13know, we have the technical Co founder Yeah, sure.
- 37:18BC root great. But if I want to focus on sort
- 37:25of more social entrepreneurship impact and take my time and do
- 37:31something differently and I still need a little bit of
- 37:33capital, I might look more at grants or other funding
- 37:38opportunities through like corporate social funds and
- 37:42things like that and that that that would be different.
- 37:46So it really depends on what I what problem I want to tackle
- 37:50and the kind of solution I want to build.
- 37:52I'm not going to talk bad about VCs, especially because when
- 37:59push came to shove, VCs respected our decision.
- 38:03But I think anyone that's thinking about taking VC money
- 38:08really needs to think about what is it they're trying to build
- 38:11and what is you know what, why do they think it's going to be a
- 38:14billion dollar solution And it is capital.
- 38:18Yeah. And and do you need the external
- 38:21capital to build it or can you bootstrap it and?
- 38:24Exactly, exactly. You know, and once you take VC
- 38:28money, I mean, they have their own LP's, right?
- 38:33They also fund. And so it's annoying when they
- 38:37ask you for these quarterly or monthly reports, but they're
- 38:41also trying to manage people, right?
- 38:42And so it's a process. So I think we just need to
- 38:47understand that. And that, again, was one of the
- 38:50biggest lessons that Lucy and I learned from YC was how to have
- 38:53healthy investor relations. And I feel that we did have
- 38:57healthy investor relations. We didn't always agree, right?
- 39:00OK, so so let's double click on that.
- 39:03What is healthy? Healthy is just always with
- 39:06respect and if you feel, and there'll be moments where I felt
- 39:12disrespected, you know, but we, it was a healthy relationship
- 39:16that I could bring that up and address it, you know, as I would
- 39:22with my life partner, as I would with Lucy, as I would with my
- 39:25team, you know. So I feel that it was a healthy
- 39:29relationship because we had positive intent, open and
- 39:33transparent communication, sometimes not as transparent as
- 39:37I would have liked it, but in those moments, I could always
- 39:41pick up the phone and have those conversations.
- 39:43And we would have moments where things would sometimes get a
- 39:48little heated, but you'd find you'd find your way back.
- 39:52And I feel like the way that we've kind of concluded and
- 39:58we're still continuing out has been super, super healthy
- 40:01because, you know, the partners of these funds, the
- 40:05conversations that I've had been hugely supportive.
- 40:09And yeah, so I feel like those are healthy conversations and
- 40:12that's that's a healthy relationship.
- 40:14Yeah, I think so too. Yeah, yeah.
- 40:17OK. So who were would it be fair to
- 40:21call the investor? Investor state you worked with
- 40:25allies? Yes, 100% yes.
- 40:28OK, so who else were your allies on this journey?
- 40:32We have all of our early customers, I would say anyone
- 40:37that signed the contract and we have a legal team, always good
- 40:46to have strong legal and tax advisors around you.
- 40:51So they were our allies and we've had so many subject matter
- 40:58experts along the journey that have come in to do various
- 41:04sessions, whether it's go to market or whether it's product
- 41:07related or whatever technical. So many people that have not
- 41:13just had one coffee, but 1234 exited founders, founders and
- 41:19then people like you Turkey on like you know, that have given
- 41:22us stage time to tell our story. How important is that?
- 41:28No, no, not to bang my own drama, but this is more more
- 41:31like more in in general. How?
- 41:33How important is that? Super important and I think what
- 41:37comes next to that is the founders ability, at least one
- 41:40of the founders abilities to tell that story.
- 41:43And you know, Lucy doesn't talk a lot.
- 41:46She builds, so I do most of the talking for both of us.
- 41:50But if you had Lucy behind this podcast, I'd argue she'd do a
- 41:53better job of answering the questions.
- 41:55But at least one of them, and ideally the CEO is able to tell
- 42:00that story because there's more than 9000 start-ups in the
- 42:05Netherlands, but there's only a handful that get some kind of
- 42:10spotlight. And you can argue that there's
- 42:13a, there's a hell of a lot more that have great attraction, more
- 42:17unique problem that aren't getting that.
- 42:21And maybe because a they don't want it.
- 42:23But those that would like it but don't get it might just come
- 42:26down to do they know the right people to help get their story
- 42:30across and are they able to articulate it well enough?
- 42:34Just picking up on something you said, it's important to tell
- 42:37your story. I recently had a guest on and
- 42:42she said well for women that's much more difficult to do self
- 42:47promo than it is for men. I see you not.
- 42:51Do you agree were. I think there's I'm contrary to
- 42:54that. I see a lot of women doing a lot
- 42:56of self promotion on LinkedIn. Doesn't seem difficult for them
- 43:01at all. Lucy and I always laugh at that,
- 43:05but for for me over the last five years, it was very much
- 43:09about getting the story of Kwan out there.
- 43:12So not so much self promotion. And I think that's the
- 43:15difference, right? You shouldn't be getting up
- 43:17there to make your profile known.
- 43:19You should be getting up there to further the mission of
- 43:22whatever it is that you're. Standing to evangelize.
- 43:26Exactly, exactly. Now it could be well-being.
- 43:29It could be I know like there's another really good one
- 43:35forgotten no else from the the sleep expert.
- 43:38You know she she says so much valuable information and
- 43:42insights relating to sleep. Yeah.
- 43:44Is that self promotion? I argue it's definitely not It's
- 43:49it's it's giving light and attention to a super important
- 43:52topic and and else probably cringes at the the idea that she
- 43:58needs to get up and do self promotion.
- 44:02It is much more about furthering the mission of of what she
- 44:08stands for, right? And so I think that's the if you
- 44:13and also if you position it that way, it's much easier to do.
- 44:17Yeah, because then you're doing someone else a favor.
- 44:20Exactly. And you're not selling yourself,
- 44:24but you're selling something that helps other people.
- 44:27Exactly. Exactly because it because the
- 44:30other the other way also makes me cringe and you see the people
- 44:34that do it and it's just like yuck.
- 44:37Yeah, but yeah, I hear you. Unless you're in entertainment
- 44:43or whatever, but you know. Yeah, I think this has been a
- 44:48terrific conversation. Two final questions.
- 44:52So if I gave you a mic to inspire, I don't know, one
- 45:001000s, maybe thousands of female founders who want to build have
- 45:06found a problem worth solving, where would you let them start?
- 45:10What's the first step they should take?
- 45:13Talk to people. If you have a problem that's
- 45:21worth solving, do your research then and there.
- 45:27Understand the problems space as deeply as possible and speak to
- 45:32the people that are already in that problem space and and just
- 45:36validate why the solution you think you're about to spend all
- 45:43your time and energy years in has not already been done.
- 45:51You know, like, and the, the, the initial research that we did
- 45:56with Quan, which was like more like a year, just a less shy of
- 46:00a year of conversations. I have like 300 conversations,
- 46:04right? To better understand the
- 46:06problems face to this day has put me in a good stead.
- 46:11And so, and now with AI, you can get access to a hell of a lot
- 46:17more information. So I'm actually not jealous at
- 46:20all of founders that have to start now because I feel like
- 46:23the starting block is that much harder.
- 46:28You need to just be able to research a hell of a lot better
- 46:33because things happen so much faster.
- 46:35But know the space, speak to people and go deep into the
- 46:41topic before you say I'm going to build something.
- 46:46And how do you balance, let's say, talking to people as we do
- 46:51right now versus doing AI research, which is like really
- 46:56quick? Yeah, no, there's limitations
- 47:00with AI. So I've noticed that myself and
- 47:05I think most people have like when you ask questions, it's not
- 47:08always correct. It misses things.
- 47:14And so I would say you use some hand in hand, right?
- 47:20So yeah, if I, if I was going to start something to do with how
- 47:24to build an amazing table that does some fancy stuff, like I
- 47:30would be like, OK, what's the fancy stuff?
- 47:33And who's already created something like that?
- 47:37And then find that person and ask them for a conversation.
- 47:41But you could use AI to basically identify here are the
- 47:45top 10 people, right? But but you wouldn't be like,
- 47:49tell me what? Well, because there's all this
- 47:51information that's in their heads or documented in a place
- 47:54that is not accessible. And that's the reason why I
- 47:58would do both. And even to this day, I've just
- 48:03noticed in the last few months the speed at which we can work
- 48:07and the speed at which we can do competitor analysis.
- 48:10But I still fine when I speak to someone, which I do as part of
- 48:15my current role, there are these aha moments that happen that
- 48:21helps me improve my AI notes based on these human
- 48:26conversations I'm having. So you've got a balance for two
- 48:28is is is my take on it. Yeah, and, and use, let's say AI
- 48:34for the inventory of the people to speak to and then get the
- 48:40knowledge from them directly or maybe verify a couple of things
- 48:44that you've been able to establish.
- 48:49Because there's there's ways to to prompt at least GPT in a way
- 48:54that it's sort of takes the bias and the hallucinations out.
- 48:59I you, I, you. My go to thing is usually I ask
- 49:03a question and then say and tell me why you answer this this way,
- 49:07which is sort of a good way to that's a nice way, yeah, to to
- 49:12at least let Cha chi PT think also.
- 49:15But that's my tip. Use a paid version.
- 49:18I was never going to mention this, but I recently transferred
- 49:23things to our good friend, mutual friend Mikhil.
- 49:29It doesn't take care of all the hallucination.
- 49:31It does help you a lot in terms of the speed at which and also
- 49:39the depth of discussions you can have so.
- 49:45Amazing. Yeah, yeah, there's amazing
- 49:47possibilities. Absolutely.
- 49:49That's it. I rush up our thank you very
- 49:51much for again an amazing conversation if people would
- 49:57like to learn more about you or about true tribe.
- 50:00Yeah. Where would you like to send
- 50:02them? So connect with me on LinkedIn,
- 50:06and I believe the True Tribe website is join truetribe.com.
- 50:11So I'm just going to double check that exit.
- 50:13Yeah, join truetribe.com. So yeah, I know that we're
- 50:17hiring a few roles. So if you look on LinkedIn, you
- 50:20can also see there that the team is now rapidly expanding.
- 50:24Cool. So here's your call to action.
- 50:29Thanks again. Really enjoyed this.
- 50:33I hope the listeners did too. Probably they will.
- 50:36If you did or did not, or if you have any questions, leave your
- 50:39question in the comments. With that, thank you very much
- 50:43for listening and until the next episode, keep being awesome.
- 50:54Well, that's it for episode 122 of Women Disrupting Tech with
- 50:59Hosha Brauer on scaling workplace well-being with impact
- 51:03and integrity. Hosha.
- 51:05And I hope that our conversation has given you inspiration for
- 51:09your own entrepreneurial journey.
- 51:10And if you have any questions for Hosha, please leave them on
- 51:14Spotify, Apple or YouTube. I'll make sure you receive an
- 51:18answer When you want to connect with Ahosha or learn more about
- 51:22Guang or True Tribe. Please check out the links in
- 51:25the show notes. And as usual, you can find show
- 51:27notes at Women Disrupting Tech Find a link in the caption.
- 51:32If you've enjoyed listening to this episode, please consider
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- 52:44With that, I wish you a wonderful day.
- 52:46I hope to see you in the next episode.
- 52:48And until then, as always, keep being awesome.