Adam O’Donnell has founded two companies 一 “one failed, and the other had a meaningful exit,” says Adam while introducing himself in the podcast, subtly keeping the failure ahead of the success, explaining “I think we can learn more from the failures than we can from the successes”.
In 2013, Adam co-founded Tech Track, a successful workforce management software and crew marketplace, which was acquired by Lasso the following year. The exit was not as big as what’s often reported coming out of Silicon Valley, but it was meaningful enough for him to move to San Francisco and start another company. “I was young and I was like oh my gosh, I figured that all out.”
After moving to San Francisco in 2015, Adam co-founded Buzz.Report, a social engagement & analytics platform made specifically for the higher education industry. Identifying a need for universities and colleges to understand what their students were saying on social media, Buzz.Report was able to generate one million ARR (Annual Recurring Revenue) in just six months.
“A lot of great companies such as Hootsuite or Sprout Social were doing something similar, but they hadn’t focused on the use case. We had big universities all around the country, and even in Canada signing up for a year contract before we built the system. So it was pretty cool.”