Mehul Nariyawala - From selling a $40M startup to Google to building the future of smart home robots! - podcast episode cover

Mehul Nariyawala - From selling a $40M startup to Google to building the future of smart home robots!

The Undefeated Underdogs
Aug 22, 2024•1 hr 25 min•Ep. 63
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Episode description

👉🏼 About the Guest:

Mehul Nariyawala is the founder of Matic, where he is building fully autonomous home robots. He previously worked at Nest as a Lead PM for Nest Cams Portfolio and founded Flutter, a company that develops gesture recognition technologies, and was eventually acquired by Google for $40M. Mehul Nariyawala attended The University of Chicago Booth School of Business.


👉🏼 About the Host:

Sharath is a founder, creator, and community builder. He is also a serial maker who built and shipped 15+ projects using no-code tools. His SaaS product Shoutout generated $30k ARR, which was sold to a UK-based product studio. Prev, Sharath worked for world-changing startups like Product Hunt and On Deck, where he helped build and nurture communities. He also grew his audience on Twitter from 200 to 22,000 using give-first principles and creating high-value content. Currently, he is building a SaaS product called GuestLab, and runs another podcast series called YC Founder Stories alongside hosting this one, as well as running Founder Gigs, a resource to discover flexible gigs while building your dream business.

👉🏼 Sponsor Corner:

Shoutout to Acquire.com for sponsoring The Undefeated Underdogs podcast! They’re the best online marketplace to buy/sell startups and I know many founders who have sold their businesses there. If you're looking to wind down your business and cash in some of your founder chips, check them out - https://try.acquire.com/sharath/

This episode is brought to you by Sunset. They handle all the legal, tax, and operational burdens when shutting down — making sure founders and investors avoid penalties, reduce liabilities, and immediately move on to what's next. If you're interested in learning more, visit sunsethq.com to meet with a representative for their team. And make sure to mention the Undefeated Underdogs Podcast to get $2K off of your dissolution.



👉🏼 Description:

Listen in as Sharath and Mehul discuss the future of hardware, the immigrant founder experience, how hardware and software are similar, and more!
 
👉🏼 Timestamps:

  • 00:00: Episode Highlight
  • 00:49: Shoutout to Acquire.com and Sunset
  • 04:04: Introduction to Mehul - founder of Matic, fully autonomous home robots
  • 06:21: Why Mehul loves robots
  • 18:00: How to find a boring, unsexy, and profitable problem
  • 25:30: How Y Combinator startups have changed from 2012 to 2024
  • 30:40: Mehul's funniest story from Y Combinator
  • 34:11: How Mehul transitioned from Flutter to Google to Matic
  • 40:51: The story of Google Glass
  • 43:55: What Tony Fadell, founder of Nest, taught Mehul
  • 46:10: What software and hardware have in common
  • 49:45: Mehul's immigrant journey
  • 54:23: The importance of Silicon Valley in building the future
  • 58:14: Taking Matic Robots from 0 to 1
  • 1:05:07: How to manage anxiety and panic as a founder
  • 1:11:30: The future of Matic
  • 1:16:15: Where hardware is heading next
  • 1:20:45: Advice for hardware founders
  • 1:22:32: Outro and closing thoughts

👉🏼 Resources:

👉🏼 Where to find Mehul:

👉🏼 Where to find Sharath:

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