Skip to content
The Twenty Minute VCThe Twenty Minute VC

ElevenLabs: Building an AI Sales Machine & Why We Set a 20x Sales Quota

Carles Reina is VP of Sales at ElevenLabs, where he was the first investor and fourth employee. Carles has scaled the revenue org from Day 1 to over $330M in just 3 years. Carles is also an active investor with investments in ElevenLabs, Revolut, Happy Robot and more. ----------------------------------------------- In this episode: 00:00 Intro 02:05 The new CRO playbook: how go-to-market has fundamentally changed 02:55 Why AI outbound tools don't work — and what ElevenLabs built instead 05:46 Will AI agents shrink sales teams? Carles' 50% productivity goal 06:41 Commission structures: ElevenLabs' 20x quota model explained 11:27 Hunters vs farmers, customer success as a revenue function 14:23 The myth of "one market at a time" & hiring experienced sellers 19:52 What didn't work: failed bets, the India reset & going back to zero 38:24 Does brand reduce enterprise sales cycles? 44:55 Hiring obsessed salespeople: spotting top talent in 20 minutes 59:41 Partner ecosystems: the biggest mistakes and how to do it right 01:09:22 Should operators also be investors? 01:20:06 Quick-Fire Round ----------------------------------------------- Subscribe on Spotify: https://open.spotify.com/show/3j2KMcZTtgTNBKwtZBMHvl?si=85bc9196860e4466 Subscribe on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-twenty-minute-vc-20vc-venture-capital-startup/id958230465 Follow Harry Stebbings on X: https://twitter.com/HarryStebbings Follow Carles Reina on X: https://twitter.com/Carles_Reina Follow 20VC on Instagram: https://www.instagram.com/20vchq Follow 20VC on TikTok: https://www.tiktok.com/@20vc_tok Visit our Website: https://www.20vc.com Subscribe to our Newsletter: https://www.thetwentyminutevc.com/contact ----------------------------------------------- Legal Disclaimer: The content of this podcast is for informational and entertainment purposes only and does not constitute financial or investment advice. Any discussion of stocks, public markets, or investment strategies reflects the personal opinions of the speakers and should not be relied upon when making investment decisions. Figures, valuations, and financial data referenced may be estimates or subject to error. Always consult a qualified financial adviser before making any investment decision. The views expressed are those of the individual speakers and do not represent the views of 20VC or its affiliates. ----------------------------------------------- #20vc #harrystebbings #sales #elevenlabs

Carles ReinaguestHarry Stebbingshost
Apr 11, 20261h 25mWatch on YouTube ↗

Episode Details

EPISODE INFO

Released
April 11, 2026
Duration
1h 25m
Channel
The Twenty Minute VC
Watch on YouTube
▶ Open ↗

EPISODE DESCRIPTION

Carles Reina is VP of Sales at ElevenLabs, where he was the first investor and fourth employee. Carles has scaled the revenue org from Day 1 to over $330M in just 3 years. Carles is also an active investor with investments in ElevenLabs, Revolut, Happy Robot and more. ----------------------------------------------- In this episode: 00:00 Intro 02:05 The new CRO playbook: how go-to-market has fundamentally changed 02:55 Why AI outbound tools don't work — and what ElevenLabs built instead 05:46 Will AI agents shrink sales teams? Carles' 50% productivity goal 06:41 Commission structures: ElevenLabs' 20x quota model explained 11:27 Hunters vs farmers, customer success as a revenue function 14:23 The myth of "one market at a time" & hiring experienced sellers 19:52 What didn't work: failed bets, the India reset & going back to zero 38:24 Does brand reduce enterprise sales cycles? 44:55 Hiring obsessed salespeople: spotting top talent in 20 minutes 59:41 Partner ecosystems: the biggest mistakes and how to do it right 01:09:22 Should operators also be investors? 01:20:06 Quick-Fire Round ----------------------------------------------- Subscribe on Spotify: https://open.spotify.com/show/3j2KMcZTtgTNBKwtZBMHvl?si=85bc9196860e4466 Subscribe on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-twenty-minute-vc-20vc-venture-capital-startup/id958230465 Follow Harry Stebbings on X: https://twitter.com/HarryStebbings Follow Carles Reina on X: https://twitter.com/Carles_Reina Follow 20VC on Instagram: https://www.instagram.com/20vchq Follow 20VC on TikTok: https://www.tiktok.com/@20vc_tok Visit our Website: https://www.20vc.com Subscribe to our Newsletter: https://www.thetwentyminutevc.com/contact ----------------------------------------------- Legal Disclaimer: The content of this podcast is for informational and entertainment purposes only and does not constitute financial or investment advice. Any discussion of stocks, public markets, or investment strategies reflects the personal opinions of the speakers and should not be relied upon when making investment decisions. Figures, valuations, and financial data referenced may be estimates or subject to error. Always consult a qualified financial adviser before making any investment decision. The views expressed are those of the individual speakers and do not represent the views of 20VC or its affiliates. ----------------------------------------------- #20vc #harrystebbings #sales #elevenlabs

SPEAKERS

  • Carles Reina

    guest

    CRO at ElevenLabs focused on scaling sales and revenue operations.

  • Harry Stebbings

    host

    Founder and host of The Twenty Minute VC (20VC) and venture capitalist.

EPISODE SUMMARY

In this episode of The Twenty Minute VC, featuring Carles Reina and Harry Stebbings, ElevenLabs: Building an AI Sales Machine & Why We Set a 20x Sales Quota explores elevenLabs CRO on AI-driven sales, comp design, and scaling playbooks Reina argues the CRO role has shifted from closing individual deals to architecting distribution systems that embed AI and enable “more with less.”

RELATED EPISODES

Mudassir Sheikha: The Meeting that Led to $3.1BN Buyout: The Battle Between Uber and Careem | E1056

Mudassir Sheikha: The Meeting that Led to $3.1BN Buyout: The Battle Between Uber and Careem | E1056

dLocal CEO Sebastian Kanovich: The $8BN Company You Might Not Know | 20VC #926

dLocal CEO Sebastian Kanovich: The $8BN Company You Might Not Know | 20VC #926

Mark Suster: Why Private Equity Will Replace IPOs and M&A as the Exit Path | E1147

Mark Suster: Why Private Equity Will Replace IPOs and M&A as the Exit Path | E1147

Clem Delangue: The Ultimate Guide to Investing in AI; Elon's Threat to Sue OpenAI | E1013

Clem Delangue: The Ultimate Guide to Investing in AI; Elon's Threat to Sue OpenAI | E1013

Larry Aschebrook, Founder & MP @GSquared: How We Lost Money on Uber and Made Millions on Lyft

Larry Aschebrook, Founder & MP @GSquared: How We Lost Money on Uber and Made Millions on Lyft

Mike Maples: Three Frameworks to Evaluate Startups and Founders | E1242

Mike Maples: Three Frameworks to Evaluate Startups and Founders | E1242

Get more out of YouTube videos.

High quality summaries for YouTube videos. Accurate transcripts to search & find moments. Powered by ChatGPT & Claude AI.