From Startup to Billionaire: The Remarkable Journey of a 35-Year-Old CEO
Spenser Skates, the 35-year-old CEO of Amplitude, a successful analytics software business with a market cap of $1.35 billion, reveals how he and his co-founder made the decision to completely scrap their voice recognition startup, Sonalight, despite its initial success. Recognizing that Sonalight was only a "pretty good" idea and not the best they could work on, Skates and his team pivoted to focus on building their own analytics tools, which eventually led to the creation of Amplitude. The decision to chase "breakout, massive" success paid off, as Amplitude has raised $336 million from investors and Skates took the company public in 2021.