Tod Sacerdoti (Flex GP and Pipedream CEO) on seed at scale and SaaS mispricing

Tod Sacerdoti (Flex GP and Pipedream CEO) on seed at scale and SaaS mispricing

March 3, 2026 · 1h 2m

About this episode

Tod Sacerdoti discusses seed investing and SaaS mispricing with Auren Hoffman.

Tod Sacerdoti is the CEO and co-founder of Pipedream, which recently sold to Workday. Tod is also a general partner at Flex Capital, where he's invested in over 400 companies including Chime, Vercel, Replit, CodeRabbit, Mercury, and many others. He previously founded BrightRoll, a programmatic video advertising platform that sold to Yahoo for $640 million in 2014. In this episode of Summation, Tod and Auren discuss: Why seed investing has the highest annualized returns of any venture as...

People in this episode

Host: Auren Hoffman

Guest: Tod Sacerdoti

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Mentioned in this episode

Organizations: Pipedream, Workday, Flex Capital, Chime, Vercel, Replit, CodeRabbit, Mercury, BrightRoll, Yahoo

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