Our Investment in Podia — An Interview with Spencer Fry

Today, Podia is coming out of private beta, and we’re excited to announce that we’ve partnered with Spencer Fry and his team. Education has been an important area of focus for Notation Capital in the past year, particularly the unbundling of the supplemental education ecosystem. Tutors, more than ever, have the opportunity to build independent businesses outside the traditional brick and mortar test prep behemoths like Kaplan or Princeton Review. Podia is a set of single-player tools as well as a platform and marketplace that will help these educators (and soon freelancers of all shapes and sizes) build toward a more independent future. We’re thrilled to be along for the ride.

Spencer Fry — CEO, Podia

What is Podia’s mission?

What are the key moments in your life that led you to start this company now?

What’s the most important thing you learned having previously founded a company? And why the hell would you want to do it again?

Another point I’ve been making for years (and everyone is saying this now) is that sales and marketing are everything. Great product, engineering, and design is commonplace nowadays and won’t get you anywhere without excellent marketing and sales. Ev Williams talked about this in a recent blog post.

Podia is actually my fourth startup. My previous three are TypeFrag, Carbonmade, and Uncover. I honestly don’t know anything else other than building businesses on the Web dating back to early experiments I made as a teenager in the mid-to-late nineties. I’ve never had a paycheck from anyone other than myself and to me it’s the freest way to live. Everything is riding on your shoulders, but at the same time you can build the company that you want to work for.

What’s it like being a solo founder?

A first-check venture firm in Brooklyn, NY

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