#135 with Rahul Vohra (Superhuman Founder) - Why He Started Superhuman and The Ideas He'd Like To See Built

Shaan Puri (@ShaanVP) and Sam Parr (@TheSamParr) are joined by Superhuman's Rahul Vohra (@rahulvohra). They discuss: - Rahul's first startup, Rapportive - Rahul explain what it's like to work with Marc Andreesen - Will Superhuman go public? - Why doesn't Google crush Superhuman? - Rahul describes when the idea to create Superhuman struck him - Shaan asks, what're the best "Superhuman for X" ideas - How Rahul stays calm and manages time - What startups are Rahul investing in? - Rahul's startup ideas Thank you to our sponsor this episode, EPOS! EPOS are fantastic headsets that make it easy to work flexibly across situations and locations, with portable headsets including hassle-free device compatibility. If you are an IT manager running a big department or a head of a growing company looking to give your employees the best headset solution to work from home, check out eposaudio.com/millions for a free trial! Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. See acast.com/privacy for privacy and opt-out information.

Speaker names marked ? are inferred from speaking time and the show’s known hosts — they are not voice-verified.

• 0:22Shaan Puri?

  Our guest today is the email god Rahul Vohra, founder of Superhuman and actually a different startup that both me and Sam really love. Before this, I believe you started Reportive, that's right?

• 0:33Speaker 01

  I did, yeah.

• 0:34Shaan Puri?

  I actually kind of want to talk about that. I think that was an awesome startup. I think he probably only knows 10% of what he's getting into with this podcast, but he seems game. And he's a brown guy with a British accent. So, you know, I already feel good. I already feel like I'm in good hands. So here we go. Explain to people who don't know what Reportive is, let's start with Reportive. Explain to people who don't know what Reportive is, what it was, and then me and Sam will talk about it a little bit.

• 0:56Speaker 01

  Sure. So Reportive was the first Gmail extension to scale to millions of users. I started it way back in 2010. This is almost a decade ago now. And there, right inside your inbox, it would show you everything about your contacts just over on the right hand side. So when somebody emailed you, you could see what they look like, where they work, their job title, and even links to their social media, like their recent tweets. So if you can imagine being the kind of person for whom interacting with other people is important, maybe of course you're a founder like you, or maybe you're a recruiter, or perhaps you're a salesperson, or maybe you work in BD, or maybe it's just really important to deal with people. It turns out there's a lot of folks like that as well.

• 1:40Speaker 01

  This thing sort of became this beloved crucial tool, first starting in Silicon Valley and then spreading to millions of users across the world. Ultimately ended up selling it to LinkedIn back in 2012.

• 1:51Sam Parr?

  In 2011, so I know a lot about you. You were kind of like someone I looked up to. And I've known a lot about you since.

• 1:58Speaker 01

  And then I fell from grace. You stopped looking up to me?

• 2:00Sam Parr?

  No, but I know a bunch of cool stuff about you. In 2011, I was a junior in college. And I found Reportive and I was like, I don't think people understand, if you're listening now and you don't, if you're a little bit younger, younger than I am at least, you don't realize that like, this idea of seeing people's information on the right side of your Gmail, and their picture and their LinkedIn, like that's common now. That's not special. But back then, Reportive was the first one to do that. And it was so special. And so I invented this thing, this process called Stock and Talk. And the idea was I was going to use it to help me get a job at a company. I made this spreadsheet where I would put someone's first name, their last name, and then their URL, like at Airbnb.com. And like, I would put Brian and then Chesky and then at Airbnb.com.

• 2:42Sam Parr?

  And it would give me like 100 possible combinations of what the name or his email could be. And then I would put it in Gmail and I would highlight each one. And Reportive would tell me which email is his, because it would show the social profiles related to each email. I ended up emailing the founders of Airbnb an interview there using Reportive. And so I was obsessed with Reportive. I followed it like crazy. I think you started it with a guy named Sam and a guy named Martin, right?

• 3:04Speaker 01

  That's right. You do know a lot.

• 3:05Sam Parr?

  Yes. And so I like friended you guys on social media because I wanted to work for you guys. And then you sold it to LinkedIn for, the rumor was 15 million. I don't know what the truth is. But I was all about it.

• 3:15Speaker 01

  It was, it was a fun tool and I really, really fondly look upon those times. Silicon Valley was very different back then, of course. We're talking a decade ago.

• 3:23Shaan Puri?

  So I remember thinking at the time, this is like, you know, when presidents are like kind of important ambassadors, they go to an event and they kind of have that person behind them or the earpiece. That's sort of like the whisperer, which is like, you know, this is Julie Magny. She's the, you know, she's the representative from Columbia. Ask her about her son, you know, Roger. That's what Reportive was to me was like, I could make everything sound personal and I could feel, you would feel like I knew you, even though I was just getting it fed to me by my sort of earpiece on the right side, which was Reportive.

• 3:54Speaker 01

  That was fundamentally the idea. And I think had I continued to run that company, one day we would have made those air pieces. We would be bringing that kind of intelligence to everybody everywhere. I think the fundamental reason was we were tired. And this is one of the lessons that I learned back then. I think if I were to be in the same situation again, I probably wouldn't sell. Now, that's not to say that selling was the wrong decision. I think it was absolutely the right decision, given what the company was, how quickly it had grown, and yet how brittle it was. So you have to remember that I sold the company only 20 months into its existence for a sum that even to this day remains undisclosed.

• 4:33Speaker 01

  And assuming it was a good amount of money, then it was a very efficient outcome for the amount of time we put in for what was actually a very brittle business. We'd only figured out how to make 15 cents of revenue in the entire history of the company.

• 4:49Sam Parr?

  And so, uh, why were you tired?

• 4:51Speaker 01

  I was working 12, 15 hour days. We all kind of were. It was just a really intense period. And burnout's common. I'm sure you've talked about it with other guests. It turns out the thing you're meant to do in burnout is to take a break, right? Go have vacation for a month. All of the report of users will still be there would have been a different solution to the problem. But we also sold. I mean, that was fine. It ended up really good for the product. I don't think that many acquirers would have been as good as LinkedIn, but that product survived for about 10 years. It only got shut down earlier this year.

• 5:22Sam Parr?

  But then you did something really cool that not a lot of people do, but I followed you on social media. I know this is kind of weird, but you went and bought a Lamborghini. Was it a yellow Lamborghini you bought?

• 5:31Speaker 01

  Yeah, it was, uh, well, that was actually a few years later. When I left LinkedIn, I was burned out again. And I needed to take some more time off. And this time I actually decided, because there wasn't really a break between Portman and LinkedIn, I actually decided I'm genuinely going to take some time off. And just be me for a good year. I went out, I bought the really fast car, I had fun, and I unwound before I started Superhuman.

• 5:54Sam Parr?

  So, Superhuman, let's, we can talk about that for a minute. For people who don't, who aren't in the know, you guys are kind of like a darling, a media darling. You're talked about a lot. How do you describe that business to someone who doesn't know anything?

• 6:05Speaker 01

  The fastest email experience ever made. If you're the kind of person who spends hours on email a day, many hours on email a week with Superhuman, you can get through your inbox twice as fast as before, replies to important emails sooner, and even sustain inbox zero.

• 6:21Sam Parr?

  And can you give some ideas to how big it is or anything like that?

• 6:26Speaker 01

  So we don't publicly disclose user numbers because we are venture backed. That's something that we keep to ourselves. Other proxies or other things that people are interested in are, we're about 60 people today. We've raised $51 million plus from investors like First Round Capital and Andreessen Horowitz. Marc Andreessen sits on our board. It's really exciting to be able to work with the likes of him. And let's see what else. We have a waitlist for our products. That's something that people are often interested in. We now have over 360,000 people on that waitlist.

• 6:57Shaan Puri?

  Does Marc Andreessen use email differently than plebs like us?

• 7:01Speaker 01

  Marc Andreessen is different in many ways to folks like the three of us. He's one of the most intelligent people I've had the pleasure of getting, you know, being able to work with. One of the things that I think separates Marc from most people is his clock speed, so to speak, is really, really high. And, you know, you might think you know smart people, but there's like a whole other level of high, which is just immediately apparent when you talk to him. And as a result, he's also very intentional, quite a lot more intentional than most people that you or I might meet.

• 7:33Sam Parr?

  What does that mean? This guy, he's like an oracle. He's this, uh, he's kind of mystical a little bit. What does that mean? He's intentional?

• 7:40Speaker 01

  This also happens to be a superhuman company value, so it's something that I put a great deal of interest and value on. When someone is intentional, they are a very deliberate thinker and actor. They tend not to react, but they proact, they preempt, they get ahead of things. They have a model for how the world or how their business might work. And when the data stops matching reality, they immediately update the model as opposed to constantly being on the back front, back foot, rather. Let me describe this another way. Many people who know me well know me as a frameworks thinker. I have a framework to think about wait lists. I have a framework to think about onboarding, to think about pricing, to think about positioning, famously products market fit.

• 8:23Speaker 01

  And that's the kind of person I want to work with, other people who also think in a very detailed frameworks oriented fashion.

• 8:30Sam Parr?

  How old were you when you started Reportive?

• 8:32Speaker 01

  I believe I was 26.

• 8:33Sam Parr?

  So how old are you now? You're 36?

• 8:35Speaker 01

  37.

• 8:36Sam Parr?

  37. So you have this, I've only talked to you for 10 minutes now, or however long this has been. You have this thing about you that you are clearly going to be a CEO of a very large company because you have this intangible kind of charisma. I don't know what you want to call it, but Sean, I imagine knows it.

• 8:55Shaan Puri?

  I feel like when you're talking, you're not talking, you're narrating.

• 8:58Sam Parr?

  Right.

• 8:58Shaan Puri?

  It's as if you have left the scene, you are observing the scene and you're not caught up in the hustle and the bustle of the scene. Because this already played out, or you're the one narrating the story. It's a calmness and charisma in the way you speak. It's literally just the way you speak. Like, we don't know shit about us about you.

• 9:15Sam Parr?

  No, he's using concepts and stuff. I mean, you're doing a really, you have this, you have like an it factor. It's very clear. I only have talked to you for five minutes.

• 9:23Shaan Puri?

  Would you want to be CEO of a big company, like multi-thousand person company that's publicly listed? Is that a, is that a goal of yours? I know for myself, for example, I love the start and the bigger the company gets, the less fun it becomes for me. And I've learned that over time. And so some people love it. Some people dream about that. And so which bucket are you in?

• 9:42Speaker 01

  Yeah, good question. I probably find myself somewhat in the middle. I've had at this point now, just one or two friends who've had the amazing outcome to take a company public. And it doesn't seem that much fun. They don't seem to be having that much fun. They'd be the first to say that. It was obviously a huge ambition point for them, so they pursued it nevertheless. I'm very excited about learning and scaling. I think in order to create a business that really truly has outcomes on the world that we as the founders get to play a large part in, we do have to scale in some part with the company. So as far as we can. Now, this idea that you want to have thousands of employees, apparently Larry from Google was.

• 10:25Speaker 01

  Known for wanting to have tens of thousands of employees, I don't really resonate with that. That's not a motivating factor for me. Taking a company public, not a motivating factor for me. Having a very large private company that has a tremendous amount of impacts on the world, that's exciting.

• 10:41Sam Parr?

  Were you like this when you were twenty six and starting Reportive, or did that year off kind of change you?

• 10:46Speaker 01

  I think the year off helped me recover from what was a very sort of taxing experience, building Reportive and then being at LinkedIn. But I don't personally think I fundamentally changed.

• 10:57Shaan Puri?

  When you were at LinkedIn, so this is a selfish question, right? So I just got acquired by a company that's two thousand person company. LinkedIn, I bet was even bigger at that point in time. I found it good and bad, interesting to be an entrepreneur inside of a company like this. And some days I feel like I kick a ton of ass and I'm like, oh my God, only I in this company could do this. That's the ego in me. I'm like, only I could have pulled this off. And then other days I'm like, wow, I'm so useless at this company. I don't have any of these skills that these other people have and I don't want those skills either. And I, you know, I can't do all these things that you need to do to function, to be a high functioning person in these companies. And so I'm curious, when you got acquired, were you a good employee? Were you just in sort of chill mode like some people go into when they get acquired? Or, you know, what was your experience like there?

• 11:42Speaker 01

  I certainly gave it my all, but to be honest, I ended up struggling a fair amount. And the reason is, I think I'm a pretty good founder. I'm at best a mediocre products manager of a large company. And LinkedIn was about seventeen hundred people at the time. Our products management organization was seventy people. I came in right in the middle. I was a senior products manager. One of the very few who could simultaneously code, design, markets and conceive of new products, which is the thing that makes me a good founder. But I also didn't have the skills that a products manager should have. Things like being able to establish consensus. I don't have to establish consensus.

• 12:25Speaker 01

  I just say, this is the direction we're going and you're either with me or without me. But guess what? Big companies don't work like that. Other skills like bringing people along, fighting for allocation and for resources. When Repulsive was an independent company, people would line up around the block to want to work for me. Apparently, Sam, you wanted to work for Repulsive. And you know, this is, it's exciting. People want to work for startups. That's not the case at LinkedIn or at any other large company. At any other large company, you generally have to fight and play the politics game in order to get your projects funded and to get people to work on your things. And that was a switch that was really hard for me. The other thing is just what's important to the company. Unless you come in to run products, you've gone from your thing being existential

• 13:08Speaker 01

  to your thing is now probably an experiment or a strategic bet. As a founder, your job is to find a needle in a haystack. As an acquired founder, your job is to move the needle. The haystack has long since gone.

• 13:24Sam Parr?

  I'm a customer. How much do I pay? Twenty or thirty dollars a month?

• 13:27Speaker 01

  Thirty dollars a month.

• 13:27Sam Parr?

  When you were starting Superhuman, I mean, it's becoming a little bit normal now or more normal. But paying for email, I mean, I guess we did with AOL. My mom still pays for her AOL account. But, uh, you know, like paying for email is very, that's very original thinking. That's something not a lot of people would pay for. You're proving wrong. What else is out there that is a free service that you think people would have an appetite to pay for if they applied some of the framework or however, whatever insights you had to, really like, whoa, man, people would pay for faster email? Is there anything else there that you, in your head, you're like, man, that, that deserves a paid experience that has more features?

• 14:04Speaker 01

  Not one that I've put a tremendous amount of thought to, but we can try and come up with a framework on the fly. So what is it that makes Superhuman work as a premium prosumer product?

• 14:17Speaker 01

  Well, first of all, a premium Prosumer product in the space does not exist. So there's a gigantic amount of white space for a high-end version of that product. Then you have to start asking questions like, well, why doesn't it exist? Why has not Google or Microsoft created a premium email experience? Why have they not made it superhuman?

• 14:38Sam Parr?

  What was the answer to that?

• 14:39Speaker 01

  Well, let's take them each in turn because I think they're quite different. For Google, I believe it's the fundamental business model doesn't support creating a premium email experience. And the company is so large now that it doesn't matter. The fundamental Google business model is of course ads and adwords. It's to know everything they can possibly know about you secondarily to keep you in the browser, hence Gmail. Both of those things feed into Gmail so they can better monetize you. In the Google world, you are the product. Now, of course, people pay Google for the enterprise solutions for G-Suite. But that is a vestigial business by comparison to their overall business.

• 15:20Speaker 01

  And that explains why when Inbox by Google grew to 500 million users, it was still considered a failure. That would have been a runaway success story for any independent company. So that's Google. It's just simply business model. It doesn't fit. For Microsoft, I think it's a little bit different. For Microsoft, it's they sell through bundling. Almost all of their money comes from companies buying the all-you-can-eat Microsoft platform. And they just expect every single box to be checked. One of those boxes is of course email. Outlook was built many, many, many years ago. It does all kinds of different things. It has to be a one-size-fits-all solution, and so that's what it is.

• 16:04Speaker 01

  Now, both Outlook and Gmail are great products for what they are designed to do. But it does leave underserved a premium segment of users that we were able to go and sell to. Now then, beyond that, you have to start looking at the products themselves and asking, well, what is the product white space to do better? And we identified two things. Number one, speed, and number two, design. Two things that both Google and Microsoft, for various reasons, are unable to compete on in a nimble or in an agile fashion.

• 16:36Sam Parr?

  But why did you start with email? Just because that's like the biggest thing there is or because you liked email because of report of?

• 16:41Speaker 01

  All kinds of different reasons. I think one of the biggest is impact. I remember when I was coming towards the end of my time at LinkedIn, thinking about, well, what is Raffle gonna do next? And thinking, this one is gonna be the big one. I probably have one company left at me. So it better be really big and best accounts. And I recall reading at the same time, the now famous McKinsey study that showed that of the 1 billion professionals that there are in the world, on average, were still doing three hours a day of email. That's the average professional, does three hours a day of email. And as we just discussed, they're doing it with one size fits all tools, things like Gmail, things like Outlook.

• 17:22Speaker 01

  So 3 billion hours per day, every single day, go into email. There's in fact only one thing we do more than email, and that's sleeping. And when I looked at my ability to be a founder working on sleep versus my ability to be a founder working on email, where I'd already sold a company, knew all the people and could raise arbitrary amounts of capital, I was like, well, clearly that's the one for me.

• 17:44Shaan Puri?

  How did the actual idea come about? So you're sitting around, are you brainstorming on a whiteboard? Is this like, you know, what was the actual idea? When was, when did the lightning strike and you understood, okay, what if I built a prosumer email tool? What if I built an email experience that you would pay for because it was slick, it was fast, it was well-designed, et cetera, et cetera?

• 18:03Speaker 01

  It's hard to pinpoint the exact moment. I think it was perhaps six months before I left LinkedIn, I was having lunch with my team, the reported team, in the LinkedIn Mountain View offices. We just all started naturally talking about what might come next. And I was like, hey, folks, I think we kind of ruined Gmail. And they said, well, what do you mean? And I said, well, we were the first browser extension on Gmail to really go mainstream and to get millions of users. And now everybody's copied this. You have things like Boomerang, Mixmax, Yesware, Clearbit, you name it, it exists. All of these products, including our own, are just

• 18:44Speaker 01

  Almost like a virus, just sort of sitting on top of Gmail. There's no API. They don't belong there. They slow down the experience. They clutter it visually. They take all of the problems of Gmail. The problems that it's going slower, that it doesn't work properly offline, that it's visually cluttered, that it consumes ever increasing amounts of CPU, memory and so forth. And it makes all of those things dramatically worse. What if we just built it from scratch? What if we built an email experience the same way that Apple built a laptop? For me, that was like the aha moment, that no one has done that because it's really scary and nobody knows how. It's very expensive, but I might be one of the few people in the world that could actually pull it off in the sense of pulling together the team and the capital to make it happen.

• 19:24Shaan Puri?

  You said you hadn't given a lot of thought to the where else could you do superhuman? I don't believe that. I think you probably think about it all the time. And you also hear all the superhuman for X that gets built, right? Like I've been pitched probably 10 different versions of superhuman for X. You know, for example, superhuman for calendaring, which I'm sure you guys either already do or about to do, or you have a really good reason why you're like, that doesn't work. And then there's, you know, people who have done it in the, let's say, bug tracking, you know, space, right? So I think why use Jira when you could use this, you know, this new, new and special one? I forgot the name of it, but it's a good one. Are you serious? You really haven't thought about the other spaces that you could superhuman up?

• 20:02Sam Parr?

  Or doing it for browsers, which is the very obvious one.

• 20:06Speaker 01

  Sure. And, you know, there are great companies going after all of this. MyT for browsers, Linear for the issue tracking. There's a number of superhuman for calendar ideas. And I'm very fortunate to see most of these through the context of either friendly founder who can help or through the possibility of being an angel investor with the angel funds that I run with Todd. When I said I haven't given it significant thoughts, what I meant is I haven't given it rigorous thoughts in the same way that I gave email back in the day, in the same way that when I committed to giving the next 10, 15 years of my life to this project, I hadn't done that for these other ideas.

• 20:45Speaker 01

  But with a surface level analysis or with sort of an angel investors level of analysis, they all seem very plausible. I do think that superhuman for X is, is a, it's a very real thing. There's going to be multiple billion dollar products and billion dollar companies to be made. In the last YC Demo Day, Superhuman for X was the most common X for Y. It's pretty interesting to see the trend take off. Have you invested in it yet?

• 21:11Sam Parr?

  Or what would you invest in?

• 21:13Speaker 01

  One Superhuman for X that we've invested in is Command E. So Command E is a, it's kind of actually modeled off Command K, which we popularized in Superhuman. But you press the keyboard shortcuts and you're then able to search across everything. Not only all of the data that you have locally, but all of the data that you might have on the cloud. So where did you last leave that note? It might be in Apple Notes, it might be in Evernotes, or it might be in Google Drive. This thing will find it. Who is the candidate that is on your calendar that you're going to speak to in half an hour? Command E, type in their name, it will take you straight to the Gruenhouse record. Once it updates, the lead or the opportunity in Salesforce, Command E, you can do that as well. And so this is taking a lot of the same product sensibilities that we had

• 21:57Speaker 01

  and applying it to a different workflow, which is search and updating records.

• 22:02Sam Parr?

  You seem incredibly calm and you mentioned that you and Todd, what's his name, Todd G?

• 22:08Speaker 01

  Yeah, Todd Goldberg.

• 22:09Sam Parr?

  Goldberg, you guys have, how big's your fund, like a 10 or 15?

• 22:12Speaker 01

  Rolling fund, right? Well, we have two funds. We have an early-stage angel fund, which is about seven and a half million dollars. And we also have a rolling fund, which is more of an opportunity fund. And that's to invest in the breakout companies from the first funders, just as well as other amazing companies that we see coming from our network.

• 22:31Sam Parr?

  So you have two funds. You have a company that has 60 employees. You have a lot of users, you have a lot of investors that you have to deal with. How are you managing your time right now? Have you delegated everything at Superhuman? Like, what's your deal? How are you able to get this done?

• 22:46Speaker 01

  I actually haven't. So I'm working on building up the team so I can delegate more and more as time goes on. I'll answer your questions separately because I think the answer to them is different. How can someone be calm and how can someone in my position manage their time? How am I calm? I'm a huge believer and I would say a journeyman practitioner of transcendental meditation.

• 23:11Sam Parr?

  Yeah, no shit. That's like the two minutes with you and I could tell that you just you scream that, man. You whisper that.

• 23:19Speaker 01

  Well, I'm glad to see the aura conveys over camera, but I do better say it twice a day. So I meditate usually the first thing in the morning for about half an hour. And again, in the afternoon at around four thirty for another half an hour. I'm early in my practice. I've only been doing this for about six or seven months. For me, it clicked when I hired a coach to teach me how to do it. I'm also an even bigger believer in coaching. I've had coaches for nearly every aspect of my life. I've worked with maybe five or six different coaches, not just meditation, but also things like nutrition, for physical training, obviously being a CEO and being an executive. And for me, meditation did not work until I hired a coach to actually drag me through the learning process.

• 24:03Speaker 01

  I think I'm an inveterate student. I'm not the best learner, but I respond well to coaching and that for me was the thing that made it work.

• 24:10Shaan Puri?

  Can you give us like the two or three things you either were getting wrong on your own or you you were looking at the wrong way that like what were the two or three of the things that the key points that the coach sort of highlighted to you?

• 24:22Speaker 01

  Mental fallacies like, well, I spent the twenty minutes of my meditation just thinking about stuff, not repeating my mantra, surely therefore I'm not meditating. That's actually a fallacy. That is, in fact, what you're meant to experience six months into your your journey in meditation. It means that it's working. It means that your body is beginning to unwind and you're just effing all of these thoughts and you're meant to actually experience them. And every time you notice you're thinking, of course, bring yourself back into the meditation. But the fact that your body is taking you there is a good thing. I previously thought that was failure when I tried to self teach through one of the many meditation apps. Another one would be the fallacy of I simply don't have the time, right?

• 25:06Speaker 01

  An hour a day is a lot. That's five hours a week. Depending on how much you work, it's, you know, double digit percentage of the amount of time that you have. The answer, of course, is that through the time that we spend in meditation, we make everything else way more efficient and effective. And that's hard to believe until you experience it for yourself. I respond well to authority. One way that you can start to believe some of those things is have a world expert in meditation simply tell you that and back it up with science. And so the coach that I work with, the reason I believe him is he's a scientist and he's also been a tech founder, venture backed several times. So we know what he's talking about. He's not just sort of spouting mystical bullshit.

• 25:49Speaker 01

  Like this is actually grounded, both in his experience as well as in science.

• 25:53Shaan Puri?

  What's his name? You want to give him a shout out or is it intentionally stealthy?

• 25:57Speaker 01

  Happy to refer folks who are interested. His name is Laurent Valasek. He runs the Peak Performance Institute. He focuses on leaders and executives with the purpose of performance. So he's not after specifically spiritual awakening, although if you find that, that's wonderful. It really is around how can leaders unlock performance? Okay, so that's calmness. I think the other question was how do I manage my time? Right, I track it assiduously. And subscribers of Superhuman will know both of these things because I've just sent out a number of sort of productivity tips, one on meditation and another on time tracking. I do this perhaps somewhat weird thing called the switch log. I, like many other founders, used to have the experience where I get towards the end of the week and I feel sad.

• 26:41Speaker 01

  Well, where did that week go? I don't feel like I achieved anything. I felt constantly interrupted, forever putting out fires, what actually happened? And so I invented this thing called the switch log. It's very simple. Every time I start a task, end a task or switch a task, I simply go over to Slack, go to a channel I have specifically for this purpose, type in TS colon and then the name of the task that I am switching to. And this turns out to be remarkably effective because then I can go back afterwards and analyze exactly where my time went. Your calendar in theory does this for you, but your calendar at best says what you wanted to do. And for most founders, it doesn't record what actually happened.

• 27:24Speaker 01

  The switch log does, and it's very easy and you don't even have to worry then about maintaining a calendar.

• 27:29Sam Parr?

  As an angel investor, are you seeking out anything right now? Are you seeking a category or an idea that you're wanting to invest money in if there was the right team or someone trying to make it happen?

• 27:40Speaker 01

  Incredible founders in fast-growing markets, I think, as pretty much every angel investor seeks out. Todd and I are fairly generalist investors, so our themes of interest are viral SaaS, of which productivity and collaboration are good examples. And we've made some bets there. For example, folks might know Tandem is building the water cooler for the remote age. We're really interested in health, fitness and wellness. So we've invested in a company called Future that is taking training into the application era, the remote era.

• 28:17Sam Parr?

  I used it.

• 28:18Speaker 01

  Fantastic. We've also invested more recently in an amazing company called Levels, which builds a continual glucose monitor so you can see the real-time metabolic response of your bodies, anything you eat or do.

• 28:27Sam Parr?

  I'm an investor in that one as well.

• 28:29Speaker 01

  Fantastic. Yep, we're really super excited about Levels. So you have viral SaaS, you have health, fitness and wellness. We also are a big believer in infrastructure, business infrastructure companies. And not really at the nuts and bolts level of hardware, we don't really understand that, but we're a big believer in API companies. So some of my personal investments that have done the best have been companies like Clearbit, which is a rather well-known API for data enrichment, everything from an IP address to an email address, to EasyPost, which is an API for really super simple and rapid shipping. API companies are particularly interested because interesting because once they get ingrained in a company, they're next to impossible to work out.

• 29:10Sam Parr?

  Would you say that like a one example of that is Zapier?

• 29:13Speaker 01

  Yeah, exactly. Zapier would be the archetypal infrastructure company.

• 29:17Sam Parr?

  I have a bold prediction. I think Zapier is going to be as big as Atlassian. I think Zapier is going to be a $50 billion software company.

• 29:24Speaker 01

  Yep. I think if they play their cards right, they could be.

• 29:27Sam Parr?

  I think it's going to be huge.

• 29:28Shaan Puri?

  So people love to just hear sort of like your half baked startup ideas. I don't know if you have any, I don't know if you're an idea machine that just can't turn the switch off. But most of the founders I meet tend to be that way. I'm going to take a shot in the dark and say you are. Am I right on that? Or is that not the case for you?

• 29:45Speaker 01

  Actually, no, I'm more of a let's make it great machine. Give me an idea. I can describe how to do it fantastically. But I'm less of an ideas machine. That said, I do have a few ideas if you want to go into them.

• 29:55Shaan Puri?

  Give us a couple of ideas and then I actually want to ask you about the other thing you said too. So, so let's start with a couple of ideas.

• 30:00Speaker 01

  So these are ideas that I have stumbled upon or opportunities that I've stumbled upon through my role of running Superhuman and they're all things that I wish existed in the markets, but I cannot buy. And so we're probably just going to have to bite the bullet and build them. One is a plug and play library for autocorrect. Superhuman works in the browser. It also works the native Mac app. We will one day build a native Windows app. When you type, I would love to be able to autocorrect the errors in your typing in the same way that macOS does natively. By the way, Windows doesn't do this natively. So if you, you live on a Windows machine, you probably don't really know what I'm talking about.

• 30:42Speaker 01

  But everyone's familiar typing into their iPhone and their Android and having it just fix itself. That's what I'm talking about. Things like missing capitalization, missing punctuation, transposition errors, conjoined words, all of these things should just self eminently fix. I have put so much time into looking for a library or a piece of technology that does this, and it does not exist.

• 31:02Shaan Puri?

  That's shocking to me that doesn't exist.

• 31:04Sam Parr?

  And this is something that devs would, so a dev would buy this when they're building their stuff?

• 31:08Speaker 01

  I think the reason it doesn't exist is not too many apps are creating new editing services. But if you are building an app and you have an editor and you want to actually innovate on the writing experience itself, you would just put this thing in there and you would take your web writing experience to be as good as any native writing experience like macOS or the iPhone.

• 31:28Sam Parr?

  That's interesting. That's a cool one.

• 31:29Shaan Puri?

  Yeah, love that. Thumbs up on that one for sure.

• 31:31Speaker 01

  Okay, you'll invest. Excellent. Next one would be, and again, this is something that I just wish existed, but it doesn't, which is document preview. Now, there was, once upon a time, a number of companies like Crocodile, where you could give them any documents and they would give you a web renderable preview really quickly. Obviously, this is important for Superhuman. We want folks to be able to preview their attachments super fast. As far as I know, there are only two ways, three ways that I can think of doing this right now. You can upload it to someone's G Drive and then download it as a PDF. Obviously, user space takes time. You can use Microsoft's free libraries to do this, maximum file size limitation of five megabytes.

• 32:12Speaker 01

  Or you can download what I believe is a Java library, I think, from Box. Box acquired, it was Crocodile back in the day, and I think that was the ultimate evolution of that product. All of these three approaches obviously have major cons as well as the benefits they bring. As far as I can tell, there isn't a really great document preview library that you can just throw any file and it will produce a zoomable, interactable, renderable preview.

• 32:40Sam Parr?

  And you're going to use this in Superhuman?

• 32:41Speaker 01

  That would be how I use it, but I imagine any enterprise tool, any tool at all that has to deal with files would make good use for this. I would happily invest in this startup. If you're building it, please let me know.

• 32:54Sam Parr?

  If you were running this business or you had started it, how much would you, I'll ask you about pricing a little bit, but for this one, like, what would you sell something like that for? Like, what would you price it at?

• 33:02Speaker 01

  And I'm not an expert on API pricing at all, but what I've seen is that you start with a pay-as-you-go model. It's going to be this much for this many documents, or maybe you're actually selling it based on the file size of the documents. I suspect that will be a good proxy to the compute power that you spend on parsing the documents and rendering it. And then at the high end, what you're really charging for integrations, SLA. Service to the organization that you're integrating with.

• 33:30Sam Parr?

  The reason I'm asking is like superhuman at $360 a year, a lot of software people say that like the, there's a dead zone of around, you're in like the dead zone of like, basically it's really hard to price stuff around that price. And a lot of the more successful SaaS companies, and I think, what's that guy's name? Tom?

• 33:48Shaan Puri?

  Tungas.

• 33:49Sam Parr?

  What is, what is it?

• 33:50Shaan Puri?

  Thomas Tungas or whatever his name is.

• 33:52Sam Parr?

  Yeah, yeah, yeah.

• 33:53Shaan Puri?

  He's at VC.

• 33:54Sam Parr?

  Redpoint. Yeah, yeah. He's got this great post and he's like analyzes all the SaaS IPOs and he's like, there's some stuff that it's like free or next to very cheap. And then the most, all the successes are like, it's at least $5,000 a year. And it's very, very hard to scale because like HubSpot, they have this cool study or this cool, what's his name? Brian Belfort has this thing called Reforge. You know Brian, I bet. And he basically says like, when he was at HubSpot, he helped launch this thing called, uh, it was your competitor at Reportive. What was it called?

• 34:24Shaan Puri?

  Sidekick.

• 34:25Sam Parr?

  Yeah. He like built this thing called Sidekick, which is basically kind of like Reportive, but a little bit different. And he charged $30 or $20 a month and he grew it. And it like got to $300,000 a month in one year. And eventually they're like, no, we gotta shut this down. There's no way that this could become a big business because it costs too much money to acquire customers. When you're thinking of superhuman and this new, and all the products that you've named seem like they actually would cost in the thousands of dollars a year. When you're thinking of a superhuman, are you like, we're gonna have to figure out a way to sell something else to make a lot of money? Or do you figure, are you think you're gonna be able to get a million users for a very low CAC?

• 35:00Speaker 01

  So the good news, and this was the tail end of every VC pitch that we ever made last year, was we clearly don't need a million users in order to be a billion dollar plus company. It turns out that when you sell a product at $30 a month, which by the way, I agree is a hard price point, but I'll come back to that in a second. It turns out that when you sell at $30 a month, all you need is 300,000 subscribers.

• 35:28Shaan Puri?

  To be at 100 million.

• 35:29Speaker 01

  Exactly. It's 108 million. In today's markets, you'd be valued at four or five billion dollars probably, assuming you were growing non-trivially. The point of three hundred thousand subscribers. And so the question that we asked is, we don't need to get to millions of users. Can we see a path to hundreds of thousands of subscribers? And me and every other VC who was interested in this said, yes, obviously.

• 35:52Sam Parr?

  Yeah.

• 35:52Speaker 01

  There's one billion people who do email professionally, so there must be some subset of that that we can get to three hundred thousand subscribers. Now, that doesn't mean to say that we won't down the line explore raise to increase average revenue per user. But I do believe that we can create a good cat LTV ratio just with this core product alone.

• 36:13Sam Parr?

  The thinking is like, let's just get to two hundred thousand users, let's be laser focused on that, and then we'll figure out the rest as we go.

• 36:20Speaker 01

  Exactly. And this is one of the things, by the way, where Mark, talking about him again, his presence, his wisdom is actually very useful. So I recall a previous board meeting where I was going off on a little bit of a tangent about, well, maybe we should go and acquire this company. Or perhaps we should think building the thing that they make, stuff like that. And he said, well, it's going to be relatively expensive now. You'll end up giving up a fair amount of equity. You're using a lot of your cash. The alternative is we walk the fairly well-understood path to hundreds of thousands of users. And then when we're making that revenue, just spend the revenue on buying the next piece of the puzzle. And it kind of makes sense that when you, when you hear it laid out like that. Now, I just want to go back to this idea of a dead zone because I find it fascinating.

• 37:03Speaker 01

  And I think there's a lesson in here, which is future success will not always look like previous success. And I think if we're a founder and we're trying to come up with something really big, something really cool. We have to deliberately, and this goes back to that idea of intentionality, pick something that is on purpose, not like all the things that came before. And the thing that I observed is that I thought the time was right to start to go after the prosumer, the thirty dollar a month price point. Precisely because everything prior had been very cheap or very expensive. And I thought there was a new path to growing a company in the middle.

• 37:41Sam Parr?

  I hear you a little bit, but to play devil's advocate, I'd be like, well, why would you make this needlessly tough on yourself?

• 37:46Speaker 01

  Superhuman doesn't have competition. No one else is selling a thirty dollar a month email experience. And they would have to catch up with everything that we've built in order to try and do so. So you bring with it other benefits.

• 37:57Shaan Puri?

  I think the key is you don't say, okay, what is the perfect price? Instead, you say, All right, for us to realize our ambitions, we want to be a billion dollar company. You need a hundred million dollars in revenue. To get to a hundred million dollars in revenue, you need 300,000 users at this price point. Do I believe that I can do that? Yes, I believe I can do it. Then it's the right price for us because there's a competitive advantage. Like, the lower your price gets, generally, the more customers you're going to be able to acquire because there's less friction, you know, along the way. So I think that's their, that's their hook. And I would guess the retention is pretty strong. Although I did churn out a superhuman. I would assume, I think, most people who are power email users, it's very hard for them to churn once they get a better experience and they go back to a slow thing.

• 38:37Speaker 01

  Exactly. All of this relies on the idea that you have a high retention product, that people do genuinely love the thing that you've built. You are creating delights and that you can build a revenue stream that lasts for a long time.

• 38:50Shaan Puri?

  And you haven't even really gotten into companies yet because I know when I used it, I couldn't use it for my work email because it wasn't like, it didn't pass the security, whatever. Not that there was anything wrong with it, but the security team at the company was like, "Oh, we haven't vetted this, so it doesn't work with our work email yet." There's probably ample room to grow in, just in that one regard.

• 39:09Speaker 01

  Exactly. We think there's a ton of headroom there. We're now starting to see really big company accounts organically form that classic bottoms-up motion. And we're beginning to develop some competency. This is new for us, so obviously there's something new every time. But competency at going through the vendor approval process. It used to take us, gosh, three days. It took us three days to get through Uber's questionnaire. And now we can get through a security questionnaire in two hours. And so there's been a lot of learning since condensing that down.

• 39:40Sam Parr?

  Before you were starting Superhuman, I bet you were thinking of one or other two things that you were passionate about, even if they were related but a little bit different. What were they?

• 39:49Speaker 01

  The one other thing that came... Up against superhuman, obviously, superhuman was by far and away the one that I chose, was this notion of small-scale private equity applied to SaaS businesses. The idea that the first two, three years of a company, not very much happens. You're not making that much revenue. You're spending a lot of time pulling together capital, people, and building a product. And a lot of people make that journey and then flame out, either because life happens, or they lose interest, or they literally don't know how to do the next stage. And so I think there is a very good business model to be had, and I do know some people pulling this off, where you find companies that have done that phase. Maybe they're making a hundred thousand dollars a year, sorry, a month,

• 40:34Speaker 01

  or maybe they're making ten thousand dollars a month. And you spend anywhere in the region of half a million to five million to 10 million to buy these companies outright. You own all of them, and maybe you raised some money to help you do this, but ultimately, you own these companies. Scale them 10x. That is a relatively well-understood problem. There's only a few ways you can scale companies like that. Maybe even support the companies with some kind of centralized resource pool, whether it's development, or sales, or support, and then sell them on to the next buyer once they reach, let's say you can go from a million dollars of ARR to 10 million dollars of ARR. You can then sell it for more than 10 times than when you acquired it.

• 41:14Sam Parr?

  So Constellation Software, I think, does this, right?

• 41:16Speaker 01

  Constellation Software is one. There's also Xenon Software, run by my good friend Jonathan Siegel.

• 41:22Sam Parr?

  Yeah, I know those guys.

• 41:23Speaker 01

  And there's another German outfit as well. So there's maybe five or six private, small-scale private equity funds that essentially do this kind of operation.

• 41:31Sam Parr?

  What would you do a little bit differently as them? Or is there just enough out there that you don't really have to be that different? You just, as long as you execute okay, it would work?

• 41:40Speaker 01

  To me, this feels like the very earliest days of venture capital. I don't think you necessarily have to do anything specifically different. People are still buying companies by what they're interested in running. So for example, my friend Jonathan Siegel, he recently bought Earth Class Mail, which is a mail forwarding service. There's a location down here in San Francisco. I don't think I'd want to run Earth Class Mail. I'm sure it's a really good way to make money, but I don't have any particular interest in running a mail scanning and forwarding service. So I think folks are simply buying things that are interesting to them that also happen to make money, that they see an opportunity to work with. It's mostly greenfields. I think there's a ton of room for folks to come in and to try something like this.

• 42:21Speaker 01

  Now, in any case, I ended up comparing that to the thrill and the excitement of building a big household brand like Superhuman and working on something that I know incredibly well, productivity and email, and having a vehicle to make the best email experience that exists and do some of the best work in my life. And for all of those reasons and more, ended up choosing Superhuman.

• 42:42Sam Parr?

  Yeah, I think one definitely is more fun than the other, and you're probably gonna create a significant amount of wealth with Superhuman. It does seem that the second idea is easier actually to get rich, but maybe not as fun.

• 42:54Speaker 01

  It's probably more reliable because by definition, all of my eggs are in one basket. Whereas by definition, you're creating a portfolio when you're buying multiple SaaS companies.

• 43:02Shaan Puri?

  We're at the hour mark, and I know you said you go to Yahoo Finance, so make sure you're not late for them. So tell us if we gotta wrap up. But I liked the ideas that you had shared because they they fit this thing that we talk about on the podcast called my import-export framework, which is I learned that one of the best ways to generate ideas is to go work at a company and then think about what businesses, what solutions would we import in? Like, we would pay for this if this existed and solve these problems. That's a great way to generate ideas. And the other is the export. It's like, we hacked together this crappy solution for ourselves. There's probably a thousand other businesses that have this same problem, a third of which are hacking together their own crappy solution. And if someone just made the good solution, if we just took this thing we made and productized it, that could be a standalone business of its own. And so it sounds like you had a couple of ideas in that realm.

• 43:46Speaker 01

  For me personally, that's always how I've come across business ideas.

• 43:50Sam Parr?

  Well, cool, man. This is wonderful. I'm happy I was able to talk to you finally. I, like I said, I think we're Facebook friends or something like that, where you've like, I've been an admirer from a little bit of a distance. Again, that sounds really creepy, but I've been an admirer for a while, so I'm happy we were able to talk.

• 44:06Shaan Puri?

  I like how you were like, Sean, do the intro when actually this is like your hero that you've been stalking for a decade and you should have done it.

• 44:13Sam Parr?

  No, you guys, look, Reportive was special because it, how many people worked there?

• 44:18Speaker 01

  Five, including myself.

• 44:19Sam Parr?

  It just seemed like kind of a ragtag group. You guys like seemed like pretty hardcore, like nerds and hackers, which I like.

• 44:25Shaan Puri?

  It was also really non-obvious to do an email extension, right? That wasn't even a business space, I didn't feel like before Report. I never used a single product in that space before Reportive. And so was that just like a hobby project that turned into a real thing? Or you intentionally were like, no, this is a, this is how we should build this company?

• 44:41Speaker 01

  It was the thing I built myself. It was a hobby project. And then I realized that a browser extension could be a real company. And today we have outcomes like Honey, multi-billion dollar company, Granulie, another multi-billion dollar extension company. People are building real businesses on these platforms.

• 44:55Sam Parr?

  Let me ask you one more question before you leave. It looks like you're in, if I had to guess, maybe Soma or the Financial District in San Francisco?

• 45:02Speaker 01

  That's right.

• 45:02Sam Parr?

  Less, because everyone's talking about it. Are you gonna stay? Are you gonna go? What's your plan?

• 45:06Speaker 01

  My plan currently is to stay. I think that perhaps in the long term, I end up not being in the Bay Area. Maybe I raise a family somewhere else. But in the meantime, my focus is on being here. I actually think that the founders, teams, the investors, really everybody who stays over the next 12 to 18 months in San Francisco will have the edge when the city inevitably, as it has done multiple times in the past 15 years, rebuilds.

• 45:32Sam Parr?

  Why?

• 45:32Speaker 01

  Because that connective tissue will already exist. There will be an enthusiasm to get things done. And for all of the reasons why location was important to begin with, they will be important again. The fact that you can get a deal done just by walking down the road and walking into somebody else's office. It's pretty special.

• 45:52Sam Parr?

  Hey, I agree. I just, you know, I lived there for, I just moved a few months ago, like a lot of people. But it was a hard decision, but I agree.

• 45:58Speaker 01

  You should come back.

• 46:00Shaan Puri?

  We should, we should wrap it up. Rahul, thanks for coming, man. And congrats on building something that's legit. I think a lot, imitation is the greatest form of flattery, as they say. And there's a lot of people out there who are trying to build Superhuman for X. And, you know, I think that's probably the highest compliment one entrepreneur can give another is like, oh, the thing you did to your space, I want to do to whatever the next space I can do it to.

• 46:21Speaker 01

  Well, thank you so much for saying so. And thank you to both for having me. It's been really fun.