Month in Review: March 2025

This monthly email is a simple way to catch up or refresh your memory on events, new members, and conversations from the Enrich community - here's March’s month-in-review.

🚀 Join us in Slack!
We have moved our always-on community space from WhatsApp to Slack - join us!

We hope this transition enables a smoother onboarding experience, better member profiles, even more async conversations, and easier 1:1 messaging with fellow Enrich members.

🗣️ Enrich Conversations
Our curated conversations are a great way to learn how your peers are tackling the same challenges and questions you face. Here's the quick takeaways from March’s conversations.

Working at a Private Equity-Backed Company | Colt Stander, CPO of Presence

  • PE firms typically hold a majority stake, take a hands-on approach, and work closely with executives, often through direct access to senior partners.

  • Their focus is on scalable, predictable growth and operational efficiency rather than the high-risk, high-reward bets common in VC.

  • A 3–7 year exit timeline shapes strategic decisions and drives urgency across the business.

  • Hiring for VP or C-suite roles often signals a need for turnaround or restructuring, with results expected in ~18 months.

  • PE-backed companies occupy a middle ground between startups and public firms, requiring leaders who can navigate both growth and discipline.

  • Link to graphics shared during presentation

AMA with Pedro Canahuati, CTO of 1 Password

  • As leadership responsibilities grow, effective delegation and empowering others become essential, especially for VP and CTO-level roles expanding beyond technical scopes.

  • AI can boost productivity by automating tasks, but leaders must understand its limitations and address privacy concerns for secure enterprise use.

  • One Password is exploring client-side AI to enhance productivity while preserving encryption and user privacy.

  • Balancing innovation with security is key, new technologies require thoughtful evaluation, not just CEO-driven enthusiasm.

  • Shifting to stream-aligned teams has improved cross-functional collaboration, with written feedback and performance reviews supporting team accountability.

Andy Dunn, Co-Founder Bonobos | From $310M Exit to Author to Founder

  • Link to recording here

  • Candor often outweighs harmony, clear, honest conversations prevent bigger issues and set the tone for healthy team dynamics.

  • The need to be liked and unchecked empathy can drain leaders; balancing authenticity with emotional boundaries is crucial.

  • Disagreements should be met with curiosity, not defensiveness, encouraging dissent fosters innovation and better decision-making.

  • As teams grow, social dynamics shift; leaders must be intentional about culture and communication, especially beyond ~40 people.

  • Choosing between passion and profit is a real leadership dilemma, sometimes, taking the leap matters more than guaranteed success.

  • Resources Shared:

    • Pattern Breakers: Why Some Start-Ups Change the Future by Mike Maples Jr.

    • Fortune: Founders – Answer These 2 Questions Before Saying Yes to an Investor.

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Building a Portfolio Career: Diversifying to Design the Career You Want

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From $310M Exit to Author to Founder with Andy Dunn, Co-Founder at Bonobos & Founder at Pie