No founder's journey is a straight line. In the throes of ups and downs, having guidance from someone who understands your experience can be invaluable. In this special episode of Spotlight On, Accel’s Amit Kumar and Ivan Zhou discuss their shared founder journeys and transition into VC, and dive into how they worked together to steer Ivan’s startup, Mayhem, through its most challenging times.
Mayhem (formerly Visor) was a social gaming platform that joined Accel Family in 2018 and was acquired by Niantic in 2021. In April, Ivan joined Accel as an early-stage partner, mirroring Amit’s founder-partner journey. Their discussion explores the resilience needed to navigate turbulent times, a central theme in their founder experiences. This episode unpacks some of the most critical qualities of early-stage founders and operators – the determination to solve real problems, the importance of establishing strong foundations, and the willingness to rethink strategies when things don’t go according to plan.
Conversation highlights:
- 00:00 - Ivan’s background and first startup attempt
- 04:44 - Uncovering the problem and passion that would inspire Mayhem
- 07:25 - What Ivan and Amit were looking for in an early-stage VC partnership
- 11:40 - The importance of building a company around a problem, not a category
- 18:09 - Lessons learned in a pivotal moment when Mayhem nearly failed
- 21:16 - How adversity as a founder helped both Amit and Ivan become better partners
- 30:50 - Ivan’s discovery of his passion for supporting other founders
- 39:17 - The core verticals and traits Ivan is looking for in future founders
Featured: Ivan Zhou and Amit Kumar, Partners at Accel
Learn more about Accel’s relationship with Ivan and Mayhem:
Explore more episodes from this season:
- S2E1 | Klaviyo’s Andrew Bialecki on proving a tech startup can be built anywhere
- S2E2 | Webflow’s Vlad Magdalin on the biggest lessons learned from bootstrapping and raising capital
- S2E3 | Syrup’s James Theuerkauf on building an AI-powered product that cuts through the noise
- S2E4 | Sysdig’s Suresh Vasudevan on embracing a “challenger mindset”
- S2E5 | CrowdStrike’s George Kurtz on building a generational company
- S2E6 | Accel’s Amit Kumar and Ivan Zhou on being an effective startup partner when things don’t go according to plan
- S2E7 | Remote’s Marcelo Lebre on the future of the global workforce
- S2E8 | Gamma’s Jon Noronha on how early-stage startups can challenge industry incumbents
- S2E9 | Monte Carlo’s Barr Moses on creating a playbook for a product that’s never been built before
- S2E10 | ConductorOne’s Alex Bovee on the critical ingredients of a high-growth startup
- S2E11 | Netskope’s Sanjay Beri on building an iconic company through controlled innovation
- S2E12 | Chainalysis’ Jackie Burns Koven on building trust in new technologies
- S2E13 | Wonder's Marc Lore on blending vision and execution
Access Spotlight On Season 1 episodes here.
