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99 - The Growth That Was Eating Your Best Product

When a services company and a product company try to grow under the same roof, one of them eventually has to lose. In this episode, Jared Shepard explains the decision that forced him to spin Hypori out of his 20 year old, bootstrapped services company, Intelligent Waves, and raise venture capital for the first time in his career as a founder. He walks through the moment he realized a secure communications tool built for a narrow military use case was actually a massive BYOD opportunity for banks, healthcare systems, and eventually consumers, and the tradeoffs that came with chasing that…

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