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Growing Pains with Startups

The Trep Talk
May 9, 2017 11:00 AM

Gabe Karp Image.jpgTaking on new business he wasn’t sure he could handle is just one of the most challenging things Gabe Karp dealt with at ePrize. Transitioning from an established private law practice to the world of startups was a huge shift and risk for Gabe, one that taught him innumerable lessons. Joining the startup with a 20-person team and leaving when it was close to 500 people, Gabe lived through the rapid growth, the challenge of maintaining a culture of accountability, as well as learning more about the Merger & Acquisition side of business.

Gabe, now a partner with Detroit Venture Partners (DVP) learned to hire ahead of the curve while at the same time keeping a watchful eye on the balance sheet. Rapid growth can be a challenge all on its own; how to keep the culture alive, how to keep the team together and happy as it grows with the company, and learning that money coming in covers a multitude of problems.

All these lessons helped make Gabe the perfect partner at DVP. Listen to Gabe on The Trep Talk this week to understand what DVP wants in its portfolio companies as well as what to do as a novice looking for funding. You won’t want to miss the insight and lessons steeped in this interview!

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Foster Swift: Law Firms

The Trep Talk , hosted by Michael S. Melfi, is a weekly conversation with successful entrepreneurs who embody the entrepreneurial spirit. If you are an entrepreneur at any stage and interested in learning from successful entrepreneurs and business leaders, this podcast is for you! We will talk with guests about the entrepreneurial mindset as well as behavioral lessons that will impact any business. Our show provides relevant information to entrepreneurs in easy to understand content. We look forward to you joining us!

11:00 AM every Monday
Replay: 5:00 PM, 11:00 PM, Tuesdays 5:00 AM