• The NetSuite Podcast

  • By: NetSuite
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The NetSuite Podcast

By: NetSuite
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  • Summary

  • Founded in 1998, NetSuite is the world’s first cloud company. Our suite of business software is used globally by more than 40,000 organizations. This podcast features interviews with the people behind the technology and stories from businesses using it ev
    Copyright 2024 632878
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Economics
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Episodes
  • Tips from Venture Capitalists on Fundraising Right Now

    Tips from Venture Capitalists on Fundraising Right Now
    Oct 7 2024
    Learn more about NetSuite’s Business Grows Here event series: https://tinyurl.com/bdeabwr7 In this episode of the NetSuite Podcast, cohost Megan O’Brien sits down with JD Weinstein, Global Director of Oracle’s Venture Capital Practice. He discusses the findings from a panel he moderated at NetSuite’s Business Grows Here event stop in St. Louis [2:01]. They then play excerpts of the panel featuring Dan Conner, general partner at Ascend Venture Capital, and Craig Herron, managing principal at iSelect [8:50]. They discuss the advice they have for early-stage founders, including tripling the amount of investors they reach out to and tripling the amount of time spent fundraising [15:46]. Dan and Craig cover the status of dry powder since its 2021 highs [27:37]. They conclude by sharing their top takeaways for founders [36:25] Follow Us Here: Business Grows Here: https://tinyurl.com/bdeabwr7 JD Weinstein LinkedIn: https://www.linkedin.com/in/jdweinstein/ Dan Conner LinkedIn: https://www.linkedin.com/in/danconner1/ Craig Herron LinkedIn: https://www.linkedin.com/in/craig-herron-3a2801/ Oracle NetSuite LinkedIn: https://social.ora.cl/6000wKFhC X (Twitter): https://social.ora.cl/6007wK2zD Instagram: https://social.ora.cl/6003wK2Hv Facebook: https://social.ora.cl/6005wK2Dv #NetSuite #VentureCapital #Fundraising --------------------------------------------------------- Episode Transcript: 00;00;04;04 - 00;00;40;00 Hello everyone. Thank you so much for tuning in to the NetSuite Podcast. I'm Megan O'Brien, a co-host of the podcast. We have quite a unique episode in store for you all today. Recently, NetSuite has been hosting events in various different cities across the US called Business Growth Here. This tour is geared towards helping local entrepreneurs and business leaders discover strategies and tools essential for business expansion, as well as valuable insights on effectively managing all aspects of a growing business from cash flow to overall operations. 00;00;40;02 - 00;01;10;11 The events are tailored to the unique challenges and opportunities of each city and feature local leaders and visionaries. In the Saint Louis tour stop, one of the sessions that really stood out to me was a panel on the current venture capital landscape. It was moderated by JD Weinstein, global director of Oracle's venture capital practice, and featured Dan Conner, general partner at Ascend Venture Capital, and Craig Herron, managing principal at iSelect. 00;01;10;13 - 00;01;35;22 There's a lot of great insight in there around the market build back, what venture capitalists are looking for right now in companies, and how founders can increase their chances of getting funding. After hearing that, I knew I wanted to share the valuable insights with all of you, our wonderful listeners. With that, let's jump in, because you're not going to want to miss out on this episode. 00;01;35;24 - 00;02;02;02 You're listening to the NetSuite Podcast, where we discuss what's happening within NetSuite, why we're doing it, and where we're heading in the future. We'll dive into the details about the software and the people at NetSuite who are behind all the moving parts. We'll also feature customer growth stories discussing the ups and downs of running a company and how one integrated system can help your business continue to scale. 00;02;02;05 - 00;02;22;01 To kick us off, we have JD Weinstein, the global director of Oracle's venture capital practice, who moderated the panel. He joined us for a quick interview just to give an overview of the session and some of his key takeaways. Could you begin by telling our listeners a little bit about yourself and what you do for Oracle? Sure thing. 00;02;22;03 - 00;02;56;26 My name is JD Weinstein. I joined Oracle just over six years ago and now lead our global venture practice. I've previously worked for various early stage accelerator programs and strategic or corporate venture funds to help entrepreneurs grow their businesses with special advantages. At Oracle, we work alongside VCs globally to help early stage portfolio companies scale with our cloud technology solutions, global customer network, and rich enterprise ecosystem. 00;02;56;28 - 00;03;22;25 So that starts with NetSuite and Oracle Cloud infrastructure, but extends to database to Java and our rich application suite. We also make strategic equity investments alongside our M&A function under our corporate development line of business. You were the moderator for a session at the St Louis Business Grows Here event called Raising Capital to Fuel Growth in an AI-Driven Era. 00;03;22;27 - 00;04;00;10 Could you give us an overview of the panel for all our listeners? Sure. We covered a good bit of ground here, starting with the state of the economy and what it means for venture and founders growing their businesses in this era. I had the pleasure to interview Craig Herron, the managing principal of ...
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    41 mins
  • SuiteWorld 2024 Recap: All Systems Grow

    SuiteWorld 2024 Recap: All Systems Grow
    Sep 30 2024
    Register for On Air to access recordings of SuiteWorld keynotes, sessions, product demos, and more: https://bit.ly/3MOuMK8 In this episode of the NetSuite Podcast, cohost Megan O'Brien sits down with multiple guests to recap the SuiteWorld 2024 event. She is joined first by Craig Sullivan, group vice president of product management at NetSuite, who covers new UX and AI features announced at SuiteWorld [1:31]. Next, Carly Nesson, a social impact pro bono project manager at NetSuite, discusses the Hackathon 4Good, NetSuite’s annual event at SuiteWorld where teams of “hackers” flex their technological prowess to create solutions for a nonprofit organization [11:25]. Lastly, Ranga Bodla, vice president of field engagement and marketing at NetSuite, closes out the episode by discussing learning opportunities and customer highlights from the event [16:25]. Follow Us Here: SuiteWorld homepage: https://www.netsuitesuiteworld.com/ NetSuite On Air registration: http://reg.rf.oracle.com/flow/oracle/sw24/attendeeportal24?source=PPC_Event_Horiz_SuiteWorld2024_0924 NetSuite Pro Bono email: probono_ww@oracle.com Carly Nesson LinkedIn: https://www.linkedin.com/in/carly-nesson-52809a3a/ Craig Sullivan LinkedIn: https://www.linkedin.com/in/craigssullivan/ Ranga Bodla LinkedIn: https://www.linkedin.com/in/ranga-bodla-bb45b/ Oracle NetSuite LinkedIn: http://bit.ly/NetSuiteLI Facebook: http://bit.ly/NetSuiteFB Instagram: http://bit.ly/NetSuiteIG Twitter: http://bit.ly/NetSuiteTW #NetSuite #SuiteWorld #AI
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    32 mins
  • Speedmaster Trades in SAP for NetSuite to Fuel Global Growth

    Speedmaster Trades in SAP for NetSuite to Fuel Global Growth
    Aug 19 2024
    Find out how NetSuite can help your business balance the demands of a global supply chain: https://tinyurl.com/3b253s98 Hear the story behind auto parts manufacturer Speedmaster and why they turned to NetSuite to run their growing business in this episode with Speedmaster CEO Jason Kencevski and cohost Ian McCue. Jason starts by sharing how his father came to start the company [2:15] and key moments over the past 40 years that made the company what it is today [7:52]. The CEO explains the influence of his own interest in technology on the business [10:32], which led it to adopt SAP Business One. Jason explains where that system fell short [14:06], then highlights the benefits of a “living, breathing system” such as NetSuite [19:41] and how it supports better decision-making [26:16]. He walks through how NetSuite helps the manufacturer-distributor efficiently manage international operations [28:05], its supply chain [29:21], ecommerce [37:37], and online marketplace sales [41:30]. Jason wraps up by explaining what’s next for Speedmaster [43:52]. Follow Us Here: Jason Kencevski: https://www.linkedin.com/in/jasonkencevski/ Speedmaster: https://www.speedmaster79.com/ Oracle NetSuite LinkedIn: http://bit.ly/NetSuiteLI Facebook: http://bit.ly/NetSuiteFB Instagram: http://bit.ly/NetSuiteIG Twitter: http://bit.ly/NetSuiteTW #Speedmaster #autoparts #NetSuite #NetSuiteERP #manufacturingERP -------------------------------------------------------- Episode Transcript: 00;00;00;00 - 00;00;30;14 Hey Suite listeners. Welcome to the NetSuite Podcast. I'm Ian McCue, a co-host of this podcast and senior content marketing manager at NetSuite. We have a great guest on today's show, Jason Kencevski from Speedmaster. Jason is the CEO of Speedmaster, a large manufacturer and seller of aftermarket auto parts for classic cars. To start, Jason shares why his dad started this business and how it turned into an industry leader over the past 45 years. 00;00;30;17 - 00;00;58;09 He explains how his own interest in technology led the company to invest in new systems that included implementing SAP Business One more than a decade ago. Jason dives into where the on-premises SAP application fell short when it came to running a global business and updating product data for 25,000 items. The CEO walks through how those frustrations led Speedmaster to replace SAP with NetSuite after a few years and how a “living, breathing system” made an enormous difference. 00;00;58;12 - 00;01;26;13 He digs into how modules including NetSuite OneWorld, NetSuite WMS, and NetSuite SuiteCommerce Advanced all helped the company run a smoother, more efficient operation. Jason wraps up with a few thoughts on what the future holds for vintage cars and what that means for his company. Stay tuned because all of that and more is coming up next. You're listening to the NetSuite Podcast, where we discuss what's happening with the next week, why we're doing it and where we're heading in the future. 00;01;26;15 - 00;01;45;22 We'll dive into the details about the software and the people at NetSuite who are behind all the moving parts. We'll also feature customer growth stories discussing the ups and downs of running a company and how one integrated system can help your business continue to scale. 00;01;45;24 - 00;02;11;17 So to kick this off, Jason, tell us a little bit about Speedmaster. What do you manufacture and who do you sell to? Yes, So I mean, Speedmaster has been around for over 40 years. We have a slogan, you know, we just make awesome car parts. But drilling into those awesome car parts, we design, test, and manufacture over 25,000 V8 car spare parts, you know, specifically aftermarket automotive, V8 car, spare parts. 00;02;11;20 - 00;02;31;21 And this is a business that your dad started back in 1979. And I saw on your website, you know, a cool video about kind of how it started. But for people who haven't seen that video, don't know that much about Speedmaster, could you kind of share that story about how this business came to be? Sure. Sure. I mean, you know, every great entrepreneurial story always starts with solving a problem. 00;02;31;23 - 00;02;48;21 I think that problem was my dad, you know, wanted to be the coolest kid in the block and have the fastest car so he can impress all the girls. I was doing that. You know, he was racing, legally of course. And, you know, he was racing and he blew up his engine and had to find out what broke. 00;02;48;24 - 00;03;05;22 Some of the components that broke were actually, you know, weren't perfectly designed or could have been designed better. And, you know, he started with the simple, simple entrepreneurial spirit of making something better, and the rest is history, believe it or not. Is this something that was kind of always your dad's passion? And did he did he have a knack for that stuff? 00;03;05;23 - 00;03;24;06 I mean, it seems crazy to just say this ...
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    45 mins

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