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How to Start a Startup: Fall 2014

startupclass.samaltman.com

121–130 of 145 posts

Re: How to Start a Startup: Fall 2014

#121
post #40

Another great resource from Stanford on startups is their Entrepreneurial Thought Leaders lecture series. http://ecorner.stanford.edu/podcasts.html Talks have been given by some of the same people (including Marc Andreessen, Aaron Levie, Reid Hoffman, and Marissa Mayer) and many others. This talk on negotiation is one of the best lectures I've ever heard and I've recommended it to people dozens of times: http://ecorn…

Agreed. Have been listening to these podcasts. Great material

Re: How to Start a Startup: Fall 2014

#122

Earlier quoted context omitted.

Eh, these folks use the same programs we do, the same hardware we do, and compete in the same markets we do. There's no reason to be jealous...if you spend your time doing actual business while they're taking classes, you'll win.

You're forgetting the absolutely incredible intangible value and legitimacy of having Stanford on your resume.

It's not the Stanford (or Harvard, or USC, or Ohio State) education that really matters -- it's the people you meet. Going to a school that's a nexus for your industry puts you around people who are driven and knowledgeable about similar topics and is what leads to professional growth and opportunities.

(This is something that online education misses entirely and will largely never be able to replicate.)

Re: How to Start a Startup: Fall 2014

#124
post #117
post #89

Earlier quoted context omitted.

Unfortunately, there's a huge difference in the psychological impact of seeing role models in-person, versus only on a screen. I've experienced this many times while living outside of the US, in recent years. All of the people you'll read about in blogs, or see in videos -- they're perceived like movie stars or legends that must have been greatly distorted on their journey to the opposite end of the world. Keep in mi…

The effect is real and pronounced. One of the perceived privileges of the elite is their very access to opportunity, and being there is to provide that access. Not being there is to observe the access, which is the addition of transparency that never existed before, but fundamentally the access hasn't been granted. If you're already in a tough place without access to these kinds of opportunity, this is just going to…

Why the gnashing of teeth? Yes, privilege is real, but they had to pick some place to do it, and it's a hell of a lot better to have it online and for free than to not have it online and for free.

Re: How to Start a Startup: Fall 2014

#125

Earlier quoted context omitted.

Your customers have absolutely no idea of what is on your resume.

If you're selling anything to a business and they've done any kind of research on you they will. And VCs definitely know. Sharing the same alma mater with a VC could make all the difference in funding.

It could, but you know what makes even more of a difference--to the business? Having customers and recurring revenue.

I know that funding is kind of like a nice additional checkbox on your list of upper-middle class elite treadmill objectives, but outside of sanfranistan we've somehow managed to build entire empires of real value without having to rely on venture capitalists who happened to get drunk in the same dorms that we did.

Re: How to Start a Startup: Fall 2014

#126
post #40

Another great resource from Stanford on startups is their Entrepreneurial Thought Leaders lecture series. http://ecorner.stanford.edu/podcasts.html Talks have been given by some of the same people (including Marc Andreessen, Aaron Levie, Reid Hoffman, and Marissa Mayer) and many others. This talk on negotiation is one of the best lectures I've ever heard and I've recommended it to people dozens of times: http://ecorn…

I'd be interested to know what about the negotiation lecture you think make it one of the best. I just listened to it for the first time and didn't actually find too much content. The speaker had a lot of anecdotes but I didn't find too much actionable advice or processes.

This is what I pulled from it:

* Be calm, don't get angry

* Learn what the other party really wants

* Offer a price you think is fair, offer it early

* Don't horse trade, unless the other party likes to horse trade.

* be trustworthy

* have an attorney

I'm not trying to be a downer, honestly. I think I may be missing the forest for the trees.

Re: How to Start a Startup: Fall 2014

#127

Earlier quoted context omitted.

If you're selling anything to a business and they've done any kind of research on you they will. And VCs definitely know. Sharing the same alma mater with a VC could make all the difference in funding.

Being able to raise funding is nice, but I could do that too, and I didn't attend Stanford. The only question that matters to investors is, "Will the next Google or Facebook come out of Stanford?" If the answer is "No," then everyone investing in Stanford-related startups will lose. There's a higher chance that the right talent, idea, and motivation might come together at Stanford, but it's far from likely. I don't k…

Google may not be the best example... the founders went to Standford as well haha. I think the question comes down to, does the school give the unfair advantage or does the school attract smart people that are more likely to accomplish something great. I think its already accepted that there is a correlation.

Re: How to Start a Startup: Fall 2014

#128
post #64

This is an amazing recruiting tool for YC and is a page out of JOEL SPOLSKY's book: "So if the top 1 percent never apply for jobs (aka get startup funding), how can you recruit them? My theory is that the best way is to find them before they realize there is a job market (aka startup funding)--back when they're still in college."[0] [0] http://www.inc.com/magazine/20070501/column-guest.html

In 2006 YC ran this ad in The Stanford Daily. I always thought it was funny. http://i.imgur.com/HuQxIXT.jpg

This ad is the poster (pardon the pun) for YC sexism, it still appears in women in tech blog posts all the time. Hard to imagine being a Stanford student in 2006 who has never heard of "Y Combinator" and sees this ad. May get a laugh from a guy like Evan Spiegel, but is just plain creepy to a woman.

Re: How to Start a Startup: Fall 2014

#129
post #40

Another great resource from Stanford on startups is their Entrepreneurial Thought Leaders lecture series. http://ecorner.stanford.edu/podcasts.html Talks have been given by some of the same people (including Marc Andreessen, Aaron Levie, Reid Hoffman, and Marissa Mayer) and many others. This talk on negotiation is one of the best lectures I've ever heard and I've recommended it to people dozens of times: http://ecorn…

I'd be interested to know what about the negotiation lecture you think make it one of the best. I just listened to it for the first time and didn't actually find too much content. The speaker had a lot of anecdotes but I didn't find too much actionable advice or processes. This is what I pulled from it: * Be calm, don't get angry * Learn what the other party really wants * Offer a price you think is fair, offer it ea…

My biggest takeaway was that everything is a negotiation whether you think about it along those lines or not.

Edit: as a whole I find the ETL series more inspirational than actionable. Actionable items would differ from person to person depending on their situation and what they hope to achieve. Might be a key difference from the class Sam Altman is teaching.

Re: How to Start a Startup: Fall 2014

#130

Earlier quoted context omitted.

If you're selling anything to a business and they've done any kind of research on you they will. And VCs definitely know. Sharing the same alma mater with a VC could make all the difference in funding.

It could, but you know what makes even more of a difference--to the business? Having customers and recurring revenue. I know that funding is kind of like a nice additional checkbox on your list of upper-middle class elite treadmill objectives, but outside of sanfranistan we've somehow managed to build entire empires of real value without having to rely on venture capitalists who happened to get drunk in the same dorm…

>I know that funding is kind of like a nice additional checkbox on your list of upper-middle class elite treadmill objectives

I work in the finance department for a large corporation, I'm not a start up guy. I don't even live in "Sanfranistan", or California.

I'm really surprised at the negative reactions I'm getting by stating that what school you go to can give a leg up on being successful.

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