In this episode of The Tech Trek, Amir Bormand sits down with Max Mergenthaler-Canseco, CEO and co-founder of Nixla, to explore the nuanced reality behind startup success. A multi-time founder with experience as both CEO and CTO, Max shares hard-earned lessons from his entrepreneurial journey—including why theoretical knowledge often clashes with real-world execution, how to build a resilient startup team, and the underestimated danger of survivorship bias in startup lore.

From balancing optimism with statistical failure rates to knowing when to focus on strengths over weaknesses, Max delivers practical wisdom for anyone navigating the startup grind. Whether you're a first-time founder or on your third venture, this conversation will leave you thinking differently about what it really takes to succeed in tech.

🔑 Key Takeaways

Experience is not a blueprint, it's a lens. Max breaks down how startup learnings aren’t always repeatable but instead shape the founder’s decision-making over time.

Passion is the sustainability engine. You have to love what you're building, not just what the market wants—otherwise, you won’t last through the inevitable startup grind.

Founders vs. early employees. Understanding the difference in motivation and expectations is crucial to building and managing a startup team effectively.

Survivorship bias is everywhere. Max cautions against building a startup playbook based only on outlier success stories.

Know your lane. Instead of leveling up all weaknesses, focus on doubling down where your strengths make the biggest impact.

⏱️ Timestamped Highlights

00:44 – What is Nixla?

Max introduces his company, a time series forecasting and anomaly detection startup with deep roots in research.

01:34 – Serial founder life

Max gives a quick snapshot of his startup journey, from NLP experiments to YC-backed fintech.

03:21 – Startup experience ≠ shortcut to success

Why practical experience matters more than theoretical frameworks, and how each startup is its own universe.

07:59 – Playing the startup game because you love it

Max explains why loving the problem you’re solving is essential for long-term survival and sanity.

10:53 – Hiring the right people early

What Max looks for in early-stage team members—and why founders shouldn't expect employees to grind the same way they do.

13:24 – CEO vs. CTO: Vision vs. Execution

A thoughtful breakdown of the distinct roles and responsibilities between CEO and CTO, especially in early-stage companies.

16:27 – Strengths over Weaknesses

Why Max believes in focusing on what you do well, rather than fixing every flaw.

20:25 – The trap of survivorship bias

A fascinating conversation about how the startup ecosystem overemphasizes success stories and ignores the valuable lessons of failure.

How to reach Max

LinkedIn: https://www.linkedin.com/in/mergenthaler/

💬 Featured Quote

“The only way to keep playing the startup game is to actually enjoy the game.” — Max Mergenthaler-Canseco