Peter Beck: How one CEO transformed his fascination with space into a billion-dollar rocket company

Bessemer Venture Partners June 15, 2023
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Bessemer Venture Partners helps entrepreneurs lay strong foundations to build and forge long-standing companies. With more than 145 IPOs and 300 portfolio companies in the enterprise, consumer and healthcare spaces, Bessemer supports founders and CEOs from their early days through every stage of growth. Bessemer’s global portfolio has included Pinterest, Shopify, Twilio, Yelp, LinkedIn, PagerDuty, DocuSign, Wix, Fiverr, and Toast and has more than $18 billion of assets under management. Bessemer has teams of investors and partners located in Tel Aviv, Silicon Valley, San Francisco, New York, London, Hong Kong, Boston, and Bangalore. Born from innovations in steel more than a century ago, Bessemer’s storied history has afforded its partners the opportunity to celebrate and scrutinize its best investment decisions (see bvp.com/memos) and also learn from its mistakes (see bvp.com/anti-portfolio).

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Many companies claim they’re a rocketship—but few mean it literally. As a young child growing up in New Zealand, Peter Beck, CEO of Rocket Lab, spent a lot of time stargazing. His fascination in space inspired a passion-driven career of building a billion-dollar rocket company. Today, Rocket Lab touts the highest launch success rate of any rocket company in history—and was the first private company in the southern hemisphere to go to space. In this conversation, he shares founder lessons on how to build an unlikely business, driven by passion. Subscribe today and be the first to listen: https://bessemervp.team/subscribe Wish I Knew: Anchor: https://anchor.fm/wish-i-knew Spotify: https://open.spotify.com/show/4vukbJ7I7TavdCx1FJBfJ2 Apple: https://itunes.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=1653183006 Pandora: https://www.pandora.com/podcast/wish-i-knew/PC:1001035484?part=ug-desktop&corr=43751137 Amazon & Audible: https://music.amazon.com/podcasts/6428a91c-8121-4608-a1db-1d9b91272d7f/wish-i-knew About Bessemer Venture Partners — We help entrepreneurs lay strong foundations to build and forge long-standing companies. With more than 135 IPOs and 200 portfolio companies in the enterprise, consumer and healthcare spaces, Bessemer supports founders and CEOs from their early days through every stage of growth. Our global portfolio includes Pinterest, Shopify, Twilio, Yelp, LinkedIn, PagerDuty, DocuSign, Wix, Fiverr, and Toast, and has more than $20 billion of assets under management. Connect with us — Subscribe to our channel: https://bit.ly/3oVeW4k Visit our website bvp.com: https://bit.ly/3bzFXaE Sign up for our newsletter: https://bit.ly/3SoVY3D Find Bessemer on LinkedIn: https://bit.ly/3zZpGoS Find Bessemer on Twitter: https://bit.ly/3JsVJAF Find Bessemer on Instagram: https://bit.ly/3BH8but

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