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SCALING UP AND LOVING IT!
THE UNRULY PERSPECTIVE
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SCALING UP!
  You have successfully started a
venture
  Can you adapt to a larger
workload?
  …without compromising
performance or losing revenue?
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SCALING UP
The Scale-Up Challenge, November 2014
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IT ALL STARTED IN 2006…
  What is Unruly?
  The leading programmatic
platform for Social Video
advertising
  Work with brands and their
agencies to get their videos
watched, tracked and
shared across the open web
  Our Vision
  Be the Global Leader for
Social Video Advertising
  Our Mission
  Deliver the Most Awesome
Social Video Campaigns on
the Planet
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HOW WE HELP BRANDS
  Unique Data Set
  1.3 trillion video views
  Analysis of 116 million
shares per day
Sharerank
  Target custom audiences
  Video
  Mobile
  Native
  Monthly audience - 1.27 billion
uniques
  Open Web
  Outside of YouTube
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THOUSANDS OF CAMPAIGNS…
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FROM A HUMBLE BEGINNING…
  Private company
  HQ in London
  15 offices
  Americas, APAC and EMEA
  190 people
  $43m annual revenue 2014
  c. 40% annual growth
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THIS DIDN’T HAPPEN OVERNIGHT
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THE MYTHS ABOUT SCALING UP
Myth 1: All growth is good!
Myth 2: Bigger is always better
Myth 3: Businesses must “grow or die”
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THE TRUTH ABOUT SCALING UP
Truth 1: Scaling up can be good or bad
Truth 2: Bigger is NOT always better
Truth 3: Businesses must “improve or die”
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WHY DO STARTUPS FAIL?
20 January, 2014
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PREMATURE SCALING UP
Startup Genome Report Extra on Premature Scaling, March 2012
  74% of high growth internet startups fail due to premature scaling up
  No startup that scaled up prematurely passed the 100,000 user mark
  93% of startups that scale up prematurely never break the $100K revenue
per month threshold
  Startups that scale up prematurely outsource 4-5 times as much of their
product development than startups that scale up properly
  Before scaling up, funded startups that scale up prematurely are on average
valued twice as much as startups that scale up properly and raise about
three times as much money
  The team size of startups that scale up prematurely is 3 times bigger than
the startups that scale up properly at the same stage
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ARE YOU PREPARED TO SCALE UP?
  Why should we do it?
  How much should we grow?
  Are we ready to scale up?
  Are the right people, processes
and controls in place?
  What do we need to do to
prepare for scaling up?
  What are our risks of scaling up?
  How will we manage those risks?
  What are the “red flags” that
we may be growing too much or
too quickly?
Growth will stress existing people, processes and controls.
Growth requires the entrepreneur to fundamentally change.
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1. GET THE BASICS DOWN
1.Ensure that your core product
reaches “market fit”
2.Discover your largest core users
3.Identify the marketing channels
with biggest ROI
4.Make sure you have the resources
to scale up
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2. CLEAR OUT THE NEGATIVE BEHAVIOUR
1.Nip it in the bud
2.Adequacy before excellence
3.Try time shifting
4.Focus on the best times, the worst
times, and the end
Before you even start, try to eliminate destructive behaviour
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3. DEAL WITH YOUR ILLUSIONS
1.What used to work may no longer work
2.Firm age and size lead to stability
3.Success breeds overconfidence
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APPLYING HESS’ THEORY
  Strategic Focus
  Operational Excellence
  Constant Improvement
  Customer Centricity
  High Employee Engagement
The qualities that consistent, high performance
companies have…
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STRATEGIC FOCUS
SHARED RESPONSIBILITY
  Equal voice & contribution =
commitment
  Consistent diagnostics
  XP - Agility to move with the
market
  XP - Lots of small changes add
up to big difference
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STRATEGIC FOCUS CTD.
MANAGEMENT
  Strategic Anchors
  Thematic Goal
  Defining Objectives
  Standard Operating
Objectives
  Quarterly Town Hall
  Visible goals
  OneRuly Day
  Friday Flash
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OPERATIONAL EXCELLENCE
  Consistent communication
  Pre & post-sale
  Between teams
  Never be chased
  KPI optimization
  Seize opportunities
  Upweights
  Renewals
  Reject failure on client
deliverables
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CONSTANT IMPROVEMENT
  Retrospectives
  The Good
  The Bad
  NPS
  Our Clients
  Our Staff
  Accept sunsetting
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CUSTOMER CENTRICITY
  Collaboration
  Client-centric roadmap
  Be rationale
  Get there quickly
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HIGH EMPLOYEE ENGAGEMENT
  Social and inclusive
  Open floor
  Awards
  Celebrate success (all the time)
  Unruly Values
  #DeliverWow
  Embrace Change
  Share The Love
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THE GROWTH AHEAD – MY TAKE
  No fear
  Confidence
  Challenges we’ve overcome
  Ability to problem-solve
  Awesome people
  Delegation
  Trust
  Everyone a stakeholder
  Enjoy the growth
  We’re building something
special
  Not just a job
  Inspired by the next level
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DOES SCALING UP END?
  Scaling up is about transmitting the
qualities of your OWN particular
excellence
  Scaling up is about continuing to
move ahead!
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SOME FOOD FOR THOUGHT!
“Adapt what is useful, reject what is
useless and add what is specifically
your own”
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QUESTIONS, AHA! OR NEXT
STEPS

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Scaling Up Success: Lessons from Unruly's Journey

  • 1. SCALING UP AND LOVING IT! THE UNRULY PERSPECTIVE
  • 2. Title position here Your title sit over it SCALING UP!   You have successfully started a venture   Can you adapt to a larger workload?   …without compromising performance or losing revenue?
  • 3. Title position here Your title sit over it SCALING UP The Scale-Up Challenge, November 2014
  • 4. Title position here Your title sit over it IT ALL STARTED IN 2006…   What is Unruly?   The leading programmatic platform for Social Video advertising   Work with brands and their agencies to get their videos watched, tracked and shared across the open web   Our Vision   Be the Global Leader for Social Video Advertising   Our Mission   Deliver the Most Awesome Social Video Campaigns on the Planet
  • 5. Title position here Your title sit over it HOW WE HELP BRANDS   Unique Data Set   1.3 trillion video views   Analysis of 116 million shares per day Sharerank   Target custom audiences   Video   Mobile   Native   Monthly audience - 1.27 billion uniques   Open Web   Outside of YouTube
  • 6. Title position here Your title sit over it THOUSANDS OF CAMPAIGNS…
  • 7. Title position here Your title sit over it FROM A HUMBLE BEGINNING…   Private company   HQ in London   15 offices   Americas, APAC and EMEA   190 people   $43m annual revenue 2014   c. 40% annual growth
  • 8. Title position here Your title sit over it THIS DIDN’T HAPPEN OVERNIGHT
  • 9. Title position here Your title sit over it THE MYTHS ABOUT SCALING UP Myth 1: All growth is good! Myth 2: Bigger is always better Myth 3: Businesses must “grow or die”
  • 10. Title position here Your title sit over it THE TRUTH ABOUT SCALING UP Truth 1: Scaling up can be good or bad Truth 2: Bigger is NOT always better Truth 3: Businesses must “improve or die”
  • 11. Title position here Your title sit over it WHY DO STARTUPS FAIL? 20 January, 2014
  • 12. Title position here Your title sit over it PREMATURE SCALING UP Startup Genome Report Extra on Premature Scaling, March 2012   74% of high growth internet startups fail due to premature scaling up   No startup that scaled up prematurely passed the 100,000 user mark   93% of startups that scale up prematurely never break the $100K revenue per month threshold   Startups that scale up prematurely outsource 4-5 times as much of their product development than startups that scale up properly   Before scaling up, funded startups that scale up prematurely are on average valued twice as much as startups that scale up properly and raise about three times as much money   The team size of startups that scale up prematurely is 3 times bigger than the startups that scale up properly at the same stage
  • 13. Title position here Your title sit over it ARE YOU PREPARED TO SCALE UP?   Why should we do it?   How much should we grow?   Are we ready to scale up?   Are the right people, processes and controls in place?   What do we need to do to prepare for scaling up?   What are our risks of scaling up?   How will we manage those risks?   What are the “red flags” that we may be growing too much or too quickly? Growth will stress existing people, processes and controls. Growth requires the entrepreneur to fundamentally change.
  • 14. Title position here Your title sit over it 1. GET THE BASICS DOWN 1.Ensure that your core product reaches “market fit” 2.Discover your largest core users 3.Identify the marketing channels with biggest ROI 4.Make sure you have the resources to scale up
  • 15.
  • 16. Title position here Your title sit over it 2. CLEAR OUT THE NEGATIVE BEHAVIOUR 1.Nip it in the bud 2.Adequacy before excellence 3.Try time shifting 4.Focus on the best times, the worst times, and the end Before you even start, try to eliminate destructive behaviour
  • 17. Title position here Your title sit over it 3. DEAL WITH YOUR ILLUSIONS 1.What used to work may no longer work 2.Firm age and size lead to stability 3.Success breeds overconfidence
  • 18. Title position here Your title sit over it APPLYING HESS’ THEORY   Strategic Focus   Operational Excellence   Constant Improvement   Customer Centricity   High Employee Engagement The qualities that consistent, high performance companies have…
  • 19. Title position here Your title sit over it STRATEGIC FOCUS SHARED RESPONSIBILITY   Equal voice & contribution = commitment   Consistent diagnostics   XP - Agility to move with the market   XP - Lots of small changes add up to big difference
  • 20. Title position here Your title sit over it STRATEGIC FOCUS CTD. MANAGEMENT   Strategic Anchors   Thematic Goal   Defining Objectives   Standard Operating Objectives   Quarterly Town Hall   Visible goals   OneRuly Day   Friday Flash
  • 21. Title position here Your title sit over it OPERATIONAL EXCELLENCE   Consistent communication   Pre & post-sale   Between teams   Never be chased   KPI optimization   Seize opportunities   Upweights   Renewals   Reject failure on client deliverables
  • 22. Title position here Your title sit over it CONSTANT IMPROVEMENT   Retrospectives   The Good   The Bad   NPS   Our Clients   Our Staff   Accept sunsetting
  • 23. Title position here Your title sit over it CUSTOMER CENTRICITY   Collaboration   Client-centric roadmap   Be rationale   Get there quickly
  • 24. Title position here Your title sit over it HIGH EMPLOYEE ENGAGEMENT   Social and inclusive   Open floor   Awards   Celebrate success (all the time)   Unruly Values   #DeliverWow   Embrace Change   Share The Love
  • 25. Title position here Your title sit over it THE GROWTH AHEAD – MY TAKE   No fear   Confidence   Challenges we’ve overcome   Ability to problem-solve   Awesome people   Delegation   Trust   Everyone a stakeholder   Enjoy the growth   We’re building something special   Not just a job   Inspired by the next level
  • 26. Title position here Your title sit over it DOES SCALING UP END?   Scaling up is about transmitting the qualities of your OWN particular excellence   Scaling up is about continuing to move ahead!
  • 27. Title position here Your title sit over it SOME FOOD FOR THOUGHT! “Adapt what is useful, reject what is useless and add what is specifically your own”
  • 28. Title position here Your title sit over it QUESTIONS, AHA! OR NEXT STEPS