Building a Successful Company and Perpetuating Growth – Euwyn Poon

Sam Parr: Well, we have one last speaker before lunch. His name is Euwyn Poon. He’s the president and founder of Spin. They’re a scooter sharing company that was acquired only 18 months after starting for reported $100 million. They now have 300 employees, are in 70 cities, and we see these scooter companies all over the place, particularly in Austin, where we have an office in, and LA, and now a little bit in San Francisco. So it’s going to be exciting to hear how he connected the dots and made this all happen. His whole story’s going to be through his amazing journey and through the exit. So let’s give it up for Euwyn Poon.
Euwyn Poon: Thanks guys for inviting me to share my story here. [inaudible 00:00:46] said, I’m the cofounding president of Spin. We are the electric scooter sharing company now a part of Ford, the Ford Motor Company. As he said, we’re in 70 cities across the U.S., several hundred employees now based here in San Francisco, and serve millions of rides over the last three years since we’ve been in existence.
Nothing kind of sums up my whole entrepreneurial journey as a quote that I like to steal from Steve Jobs where he said, “You can never connect the dots going backward. The only … ” Sorry, “You can never connect the dots going forward. They only make sense when you look at them backwards.” Along the way, each step along your path might not make any sense where you stand right there, but one day magically they’ll all fall into place. Whether it’s you trust your gut, you trust your instinct, you trust fate, someday it all happens. I want to share these dots that that happened in my life from all different tracks my past and how these all magically one day lined up for me about three years ago.