Chris Savage: Company Life After Investors

Best friends Chris Savage and Brendan Schwartz founded Wistia in 2006 with backing from angel investors. In 2017, having considered options including selling the business or raising venture capital, Wistia raised $17.3 million dollars in debt to buy out the investors and refocus on growing profitably and sustainably for the long term.

Chris discusses how the company has developed in the five years since. While the deal gave the team freedom, confidence, and ability to invest in providing value to Wistia’s customers, it has been far from plain sailing. And of course, there was the pandemic…

He shares how his thinking on company strategy, growth, product and people have been turned upside down in a compelling, honest and open discussion about how things changed.

Slides

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Chris Savage

Chris Savage is CEO & co-founder of Wistia, the best video hosting platform we know. (BoS opinion, not Press Release).

Armed only with a degree in Art-Semiotics and his experience editing and producing an Emmy Award winning documentary as a recent college grad, Chris and co-founder, Brendan Schwartz, started Wistia in 2006. They raised some angel funding in the early days and since then, have consciously grown a profitable, long term, business that customers and employees love. Wistia now employs over 100 people in its Boston HQ and is focused on building a business for the long term.