Tod Sacerdoti (Flex GP and Pipedream CEO) on seed at scale and SaaS mispricing
About this episode
Tod Sacerdoti is the CEO and co-founder of Pipedream, which recently sold to Workday. Tod is also a general partner at Flex Capital, where he's invested in over 400 companies including Chime, Vercel, Replit, CodeRabbit, Mercury, and many others. He previously founded BrightRoll, a programmatic video advertising platform that sold to Yahoo for $640 million in 2014.
In this episode of Summation, Tod and Auren discuss:
- Why seed investing has the highest annualized returns of any venture asset class
- First-gen AI companies being the most vulnerable to AI disruption
- QSBS and why it's the most important tax benefit nobody talks about
- The founder code and what happens when people break it
You can find Auren Hoffman on X at @auren and Tod Sacerdoti on X at @tod
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