{"id":764156,"date":"2026-07-15T10:34:21","date_gmt":"2026-07-15T10:34:21","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/764156\/"},"modified":"2026-07-15T10:34:21","modified_gmt":"2026-07-15T10:34:21","slug":"startup-success-rooted-in-connections","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/764156\/","title":{"rendered":"Startup success rooted in connections"},"content":{"rendered":"<p>Bennett Richter\u2019s first job\u2014as a teenage ice cream scooper in Minneapolis, Minnesota\u2014taught him all he needed to know about the challenges of working for someone else.<\/p>\n<p>\u201cThe work is hard, I don\u2019t get paid enough, and my schedule is so restrictive,\u201d he complained to his mother about his summer job.<\/p>\n<p>His mother, who had traveled quite a bit and was no stranger to adventure, leaned on the family ethos\u2014take risks and push boundaries\u2014and challenged him. \u201cWhy don\u2019t you start your own company window or power washing for people who have summer homes?\u201d<\/p>\n<p>\u201cThat\u2019s where it sparked\u2014I got my first taste of entrepreneurship,\u201d Richter said. \u201cI ended up servicing nearly 100 homes with two employees working for me over four or five summers. That first taste addicted me to what it felt like to control your own business.\u201d<\/p>\n<p>Richter, who graduated from the University of Miami in 2022 with a B.B.A. in entrepreneurship, has followed his entrepreneurial spirit ever since. After garnering sales experience for a few years after graduation, he moved to San Francisco to join <a href=\"https:\/\/www.lassie.ai\/\" rel=\"nofollow noopener\" target=\"_blank\">Lassie<\/a>, a Silicon Valley startup. In his 19 months there as the founding sales lead, he\u2019s helped the company grow from six employees meeting in a garage to 20, inspired by its AI-powered medical office automation systems.<\/p>\n<p>The company recently announced a Series A funding round led by <a href=\"https:\/\/a16z.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Andreessen Horowitz (a16z)<\/a>, a venture capital firm known for bold investments in firms such as Airbnb, Instagram, and Meta.<\/p>\n<p>\u201cWhen you get Series A from a company like Andreessen, it changes things overnight,\u201d said Richter. \u201cNow we need to go from 20 to 100 employees within months in order to be one of these hyper-growth companies that go viral in terms of revenue.\u201d<\/p>\n<p>The adventurous spirit he had demonstrated as an entrepreneurial teen prompted Richter to leave the Midwest to attend the University of Miami. Once here, he vigorously pursued networking opportunities and credited his professors and classes with honing the skills, tools, and confidence that have buoyed his professional success.<\/p>\n<p><a href=\"https:\/\/people.miami.edu\/_assets-profiles\/acad-bus\/pdf\/mhbs-management\/alvarez-cv.pdf\" rel=\"nofollow noopener\" target=\"_blank\">Susy Alvarez-Diaz<\/a>, assistant professor of professional practice in Miami Herbert Business School\u2019s Department of Management and former director of the entrepreneurship programs, remembered Richter as a stellar student. She highlighted, too, that his success in securing backing from such a notable firm marks a milestone for the business school\u2019s reputation as well. \u00a0<\/p>\n<p>\u201cBennett was very much an intellectual, not in the book sense, but in his curiosity in finding the why of things and always questioning: \u2018How can this be done cheaper or faster or structured differently?\u2019\u201d Alvarez-Diaz said. \u201cWhen I see that, I know that here\u2019s a student who\u2019s going to do great things.\u201d<\/p>\n<p>Alvarez-Diaz highlighted the role of another exceptional former student, Jason Shuman, who graduated in 2013 and has developed a key mentorship relationship with Richter.<\/p>\n<p>After graduating, Shuman went on to become a partner in New York City with <a href=\"https:\/\/www.primary.vc\/\" rel=\"nofollow noopener\" target=\"_blank\">Primary Ventures Partners<\/a>, one of the world\u2019s largest early venture capital firms. Like many alumni, he returned to Miami Herbert to lecture and meet with students.<\/p>\n<p>\u201cBack when our entrepreneurship program was starting, all the industry success was from the Ivy League school grads\u2014and we were committed to change that,\u201d Alvarez-Diaz said. \u201cJason was the first one to get his way in. \u2018Okay,\u2019 I told him, \u2018You\u2019re my inside man. We\u2019re going to be tossing students to you\u2014you have to set \u2019em up.\u2019\u201d<\/p>\n<p>When Shuman visited his senior class and shared some of his insights and experience, Richter was immediately impressed and knew that he was someone to learn from.<\/p>\n<p>\u201cI called him the next day to meet for coffee, and he was pretty much \u2018I\u2019ve got 20 minutes, and I\u2019m up in North Brickell,\u2019\u201d Richter remembered. Richter ordered an Uber and was at Shuman\u2019s hotel in short order.<\/p>\n<p>At the time Richter was interning with Boat Setter, a startup like Airbnb for the yachting and marine industry. He was learning a lot but felt the need to push his boundaries more. The two established a good rapport and agreed to stay in touch.<\/p>\n<p>A few months later, Shuman called him. One of his better portfolio companies was growing and needed their founding salesperson. Was he interested?<\/p>\n<p>\u201cI took the job and that was where the mentorship really fully kicked in,\u201d Richter said.<\/p>\n<p>Richter flourished under Shuman\u2019s guidance, using his communication and sales skills to support several ventures. Through one of the initiatives, he developed a close relationship with Jake Butler, one of the early sales hires for DoorDash and who was starting an incubation company under <a href=\"https:\/\/www.primary.vc\/\" rel=\"nofollow noopener\" target=\"_blank\">Primary Ventures Partners<\/a>.<\/p>\n<p>A few months later, Butler offered to introduce him to the Lassie team in Silicon Valley. Richter declined at first, not wanting to compromise his allegiance to Shuman, but\u2014after accepting an invite to meet with the founders\u2014was ultimately convinced by the exciting new vision. \u00a0\u00a0\u00a0<\/p>\n<p>\u201cIt goes back to my earliest point of my mom saying, \u2018Jump into unknown waters,\u2019\u201d he said. \u201cIt\u2019s just like a giant tree of connections, and to navigate it, you have to be pretty strategic.\u201d<\/p>\n<p>Richter knew he was entering a new professional arena.<\/p>\n<p>&#8220;I realized I had the chance to join one of the best technology operators in Silicon Valley, with ambitions to build a multibillion-dollar business,\u201d he said. \u201cSuddenly, I was in a different ball game, surrounded by Ivy League graduates and world-class operators.\u201d<\/p>\n<p>Not long after joining Lassie, he brought another Miami alumnus, economics major Jamie Aijala, to the team.<\/p>\n<p>\u201cJamie is a huge part in this and one of the most important pieces to Lassie\u2019s success so far,\u201d Richter said. \u201cWe wouldn\u2019t be here today and be able to raise from such a good investor if it wasn\u2019t for our combined impact.\u201d<\/p>\n<p>Richter highlighted that Lassie\u2019s ability to secure major funding signals a new inroad for Miami Herbert.<\/p>\n<p>\u201cWhat excites me most about this milestone is what it represents for UM,\u201d he said. \u201cToo often, the conversation around entrepreneurship, venture capital, and AI is dominated by alumni from places like Stanford, Harvard, and MIT. This is one of those moments that shows University of Miami graduates can compete at the very highest levels, build world-class companies, and earn the trust of the most respected investors in the world.<\/p>\n<p>\u201cIn many ways, this is exactly how schools build their reputation over time\u2014through the accomplishments of their alumni,\u201d Richter added. \u201cJamie and I are incredibly proud to be part of that story and to help put Miami on the map as a place that produces ambitious founders, operators, and innovators capable of competing with the best.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Bennett Richter\u2019s first job\u2014as a teenage ice cream scooper in Minneapolis, Minnesota\u2014taught him all he needed to know&hellip;\n","protected":false},"author":2,"featured_media":764157,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[28,158],"class_list":["post-764156","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entrepreneurship","tag-business","tag-entrepreneurship"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/764156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=764156"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/764156\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/764157"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=764156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=764156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=764156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}