Spencer Rascoff & Sophia Rascoff — Founders of Recon Food | The Evolution of Social Media
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About The Guest
Spencer Rascoff is an entrepreneur who co-founded Zillow, Hotwire, and dot.LA, Pacaso, Recon Food, Queue, and Supernova, and who served as Zillow’s CEO for a decade. Spencer is an active angel investor and is starting new companies through his Los Angeles startup studio “75 & Sunny.” Spencer is co-chair of Supernova, a family of Special Purpose Acquisition Companies (SPACs) which have raised over $1 billion in capital. He is also on the Board of Directors of Varo Money. In spring 2022, Spencer was a Visiting Professor. He taught Harvard College’s first-ever startup class “Startups from Ideation to Exit,” and in the Fall of 2019, co-created and co-taught the Harvard Business School course, “Managing Tech Ventures. Spencer is the host of “Office Hours,” a podcast featuring candid conversations between prominent executives on leadership, diversity and inclusion, and startups.
Sophia Rascoff is co-founder and CEO of Recon Food, the vertical social media app where people can reconnect over a shared love of food. Sophia is a student at Harvard-Westlake School in Los Angeles, where she is a leader in the entrepreneurship and creative problem-solving organization; a leader in the Latin American/Hispanic Student Organization; a recipient of the presidential volunteer service award.
Spencer Rascoff & Sophia Rascoff - Founders of Recon Food | The Evolution of Social Media
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Talking Points
00:00 — Intro
04:16 — Sophia Rascoff’s origin story
07:45 — Spencer Rascoff’s origin story & his starting a company with his daughter
11:23 — Starting up a social media app
13:52 — Vertical-driven social media
20:23 — Some ways of growing and building up a community
23:06 — Turning a community into a successful business model
25:24 — What are the benefits and drawbacks of working in a family?
30:16 — Managing her studies and her business at the same time
33:16 — Sophia’s future education plans & Spencer’s thoughts on them
36:17 — Learning to code at such a young age & Sophia’s role at the company
38:49 — The most important traits to be a successful entrepreneur
41:37 — How did the Rascoffs find the founder-product fit?
45:28 — How did Sophia accomplish all that she did at a young age and how did social media affect it?
54:16 — Where can people connect with Sophia Rascoff and Spencer Rascoff?
55:08 — The biggest challenges faced by Spencer and Sophia Rascoff
57:08 — The most impactful person in Sophia’s and Spencer’s lives
59:44 — Sophia and Spencer’s book or podcast recommendations
1:01:04 — What would Spencer and Sophia tell their younger selves?
1:02:47 — What does success mean to Sophia and Spencer Rascoff?
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What is the Success Story Podcast?
Success Story Podcast Welcome to the Success Story Podcast, hosted by entrepreneur, business executive, author, educator & speaker, Scott D. Clary. On this podcast, you’ll find interviews, Q&A, keynote presentations & conversations on sales, marketing, business, startups, and entrepreneurship.
Scott will discuss some of the lessons he’s learned over his own career, as well as have candid interviews with execs, celebrities, notable figures, and politicians. All who have achieved success through both wins and losses, to learn more about their life, their ideas, and insights. He sits down with leaders and mentors and unpacks their stories to help pass those lessons on to others through both experiences and tactical strategies for business professionals, entrepreneurs, and everyone in between.
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