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Burak Buyukdemir

Most founders scale fast. Paavo scales right.


Brainwaves by Burak Büyükdemir

Field notes from 26 years of investing in early-stage startups.

March 06, 2026

Portfolio Spotlight: Teamdash

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Portfolio Spotlight: Teamdash
About the Guest: Paavo Heil is the co-founder & CEO of Teamdash (formerly RecruitLab), a recruitment marketing + applicant tracking system (ATS) with visual pipelines and video recruitment tools, built to help recruiters manage the full hiring cycle in one place.

I met Paavo online through a warm intro from Tim and Akim (the FFF co-founders).

And from the first meeting, you can feel it:

Paavo is an outlier.

Not because he's loud. Not because he has polished decks.

He's the opposite.

He's disciplined. Quietly intense. Process-driven.

The thing I rarely see (and why it matters)

Paavo has not skipped a single investor report in three years.

Good months, bad months. It doesn't matter. He shows up and reports.

That alone doesn't guarantee success.

But here's what I've learned over time:

Every unicorn/decacorn has a kind of inner discipline. You can't scale chaos forever.

And you can often see early signs of that discipline in something simple: communication cadence.

If founders have a working process, you'll see it in how they communicate.

Paavo is one of the rare ones.

The market is brutal (and they still built)

Recruiting software is a red ocean. The competition is heavy. Paavo himself describes it as crowded, with hundreds of competitors.

And yet, with a small team, they've built a product that's genuinely useful: visual pipelines, recruitment marketing tools, scheduling, video interviews, and automation built into the workflow.

They've also found a sharp wedge: supporting the real-life complexity of multi-country, multi-language hiring, where "central control" and "local execution" both need to exist in the same system.

That kind of positioning isn't a tagline. It's earned.

Why I like founders like Paavo

Some founders win by charisma.

Some founders win by compounding.

Paavo is a compounding founder.

Not outward-facing. Not flashy. But with a small team and strong co-founders, they've shown extraordinary, sustainable progress over three years.

And honestly, these founders are hard to find.

That's why I pay attention.

A quick note about how I invest

Through Startupist Ventures, I invest globally in early-stage startups.

I'm sector-agnostic on purpose. I like patterns, not categories. And I love meeting founders early, when it's still messy and uncertain, because that's where you really see who can build.

Teamdash was one of those early bets.

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Also, over the last few weeks, I met a bunch of startups I found genuinely interesting.

This is not me promoting them, and it's not me trying to make any investment decision "transparent" publicly.

I just like sharing what I'm seeing. Strong teams, sharp ideas, and problems worth paying attention to.

Startups I Met Recently (Interesting Teams)

Bigomics (Switzerland) · Biotech / Data Analytics
Develops intuitive, interactive software platforms to help biologists rapidly visualize, analyze, and interpret complex omics data like RNA-seq and proteomics, significantly reducing analysis time and accelerating discoveries in life sciences.

Notey (Macedonia) · Edtech / Music Education
Transforms music practice for kids ages 6 to 13 into a gamified experience, turning daily guitar routines into interactive mini-games that use a real guitar. Used by schools and families to make practicing fun and effective.

Diatom Labs (USA) · Biotech / Lab Automation / Drug Discovery
Developing BioServer, a digital-microfluidics lab-on-chip platform that miniaturizes and automates antibody discovery at nanoliter scale, aiming for 100x cost reduction in biopharma R&D.

Kantakademi (Turkey) · Edtech / Academic Coaching
Academic coaching platform for Turkish students preparing for university entrance exams (YKS). Provides personalized coaching sessions, progress tracking, and tools to help students achieve their goals.

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Until next time,

Burak

Founder & Solo GP, Startupist Ventures Fund

Burak Büyükdemir

Burak Büyükdemir

Founder & Solo GP, Startupist Ventures Fund · Startup Istanbul

Founder of Etohum & Startup Istanbul. Solo GP at Startupist Ventures. 26+ years building startup ecosystems across 170 countries.

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Startup Istanbul · Istanbul, Turkey

Burak Buyukdemir

Entrepreneur, VC, and storyteller. I invest in early-stage startups worldwide, share candid lessons from 20+ years in tech, and spotlight founders shaping the future. Join 100,000+ readers each week.

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