1/ Today is 8 years since we founded ! Like many startups, our first two years were brutal. The last six have been an insane ride. We made so many mistakes along the way, and owe so much to our early customers.
I have this old 2006 BusinessWeek framed as a reminder. The “risky bet” that Wall Street disliked was AWS, which generated revenue of more than $62 billion last year.
Tom Wujec: Got a wicked problem? First, tell me how you make toast
Making toast doesn’t sound very complicated — until someone asks you to draw the process, step by step. Tom Wujec loves asking people and teams to draw how they make toast, because the process reveals unexpected truths about how we can solve our biggest, most complicated problems at work. Learn how to run this exercise yourself, and hear Wujec’s surprising insights from watching thousands of people draw toast.
TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design -- plus science, business, global issues, the arts and much more.
Find closed captions and translated subtitles in many languages at http://www.ted.com/translate
Follow TED news on Twitter: http://www.twitter.com/tednews
Like TED on Facebook: https://www.facebook.com/TED
Subscribe to our channel: http://www.youtube.com/user/TEDtalksDirector
E1073: Power of Accelerators E8 Science CEO Mike Jones on great founder makeup, nailing DTC & more
Mike Jones, CEO of Science shares insights on what makes a great Direct-to-Consumer Founder, investing early in Dollar Shave Club, economics of a venture-studio & more!
0:32 Jason speaks on current events and intros Science CEO Mike Jones, how they met after selling their companies to AOL
6:02 What is Science and how has it evolved since being started in 2011? Why did they pivot away from the startup studio model?
12:43 What are the economics of a venture-studio?
l5:25 Defining the 3 scenarios of a "lifestyle-business"
18:41 Founders sharpening their skills through hardship, how Mike experienced that at MySpace
25:48 Investing in Dollar Shave Club, insights on what makes a great DTC founder
38:25 Short-term/Mid-term/Long-term impact of COVID
48:37 What is gained and lost in fully-remote work?
57:28 Thoughts on eventually going back to work?
Watch the recording of the Venture Studio Online Conference 3 if you want to learn more about startup studios and venture-building models, how to create and communicate the studio’s brand, define a vertical, fundraise, and attract the best founders.
Enjoy the 1st-minute inro to get a sense of the atmosphere.
Timecodes:
00:00:00 Intro
00:01:12 Hello, everyone!
00:04:35 Jon Robert Bradford, Co-Founder, CEO @ Colab
00:22:24 T.A. McCann, Managing Director @ Pioneer Square Labs
00:43:35 Alex Hollander,
Vice President,
Head of Communications
@ Juxtapose
01:04:17 Maksim Malyy, PhD,
Research Scientist
@ Niches
01:17:02 Ben Yoskovitz,
Founding Partner
@ Highline Beta
01:37:33 Amanda Poole,
Vice President,
Talent @ DVx Ventures
01:54:12 Mark S. McNally,
Founder / Chief Nobody
@ Nobody Studios
02:14:34 Dominik Pasler,
General Partner
@ ICEO - Venture Builder
02:30:40 Damian Routley,
Chief Operating Officer
@ Founders Factory
Moderators:
– Annie Vshivkova, project manager @ Venture Studio Family
– Dianna Lesage, Venture Studio Advisor, Community and Content Rockstar
– Jake Hurwitz, Founder @ Thursday Labs, Founder @ The Gallery & will moderate the event
Presentations of speakers:
– Jon Robert Bradford - Colab
https://drive.google.com/file/d/1276k63z4SxmLndqFEVEtjIjJ8kxQmBh8/view?usp=sharing
– T.A. McCann, PSL - Fundraising for Venture Studios
https://miro.com/app/board/uXjVNvlSBBo=/?share_link_id=652536575001 (password "PSL")
– Maxim Malyy, Niches - Big Venture Studio Research 2024
https://docs.google.com/presentation/d/1ZkvSWqGn4UZ4m4PlasJLg1IkOyLlJMJkNZpwA2Cfing/edit?usp=sharing
– Annie Vshivkova, Venture Studio Family - Join our community
https://docs.google.com/presentation/d/12vqyWOYruea5Z59pVJbiknRVhXiOtpwVdymCdDtdjdE/edit?usp=sharing
– Ben Yoskovitz, Highline Beta - The Future of Venture Studios is Vertical
https://drive.google.com/file/d/17TH0kEljA8rNQsHg1qQXHnCuZnXzMF7x/view?usp=sharing
New article: https://www.focusedchaos.co/p/how-to-define-a-vertical-venture-studio
– Amanda Poole, DVx Ventures - How to attract the best founders
https://drive.google.com/file/d/1QtLWs4KD-CldswJKWk8Tq1Ikjai5D_Q-/view?usp=sharing
– Mark S. McNally - Nobody Studios
https://drive.google.com/file/d/12bTGjjfuifPJQPA05jleCnBDUEKOOT9b/view?usp=sharing
– Damian Routley, Founders Factory - Learnings from a high velocity venture studio
https://drive.google.com/file/d/1BKT6l24IcEaETq6A8bsFYCLzT0b9zK8n/view?usp=sharing
Additional resources from Max Pog & the team:
1. Join, contribute, or sponsor our Big Venture Studio Research 2024: https://www.linkedin.com/posts/maxpog_big-call-to-venture-studios-our-teams-full-time-activity-7158769463218130944-LkXQ?utm_source=share&utm_medium=member_desktop
2. Get access to the numbers, documents/playbooks, & investors of venture studios by joining the Venture Studio Family paid community: https://inniches.com/family
3. Join the WhatsApp Venture Studio community from your mobile WA app (desktop version can't get you into the 3 subgroups): https://chat.whatsapp.com/Kt0yLkN0dYKBr8CYBfYL2O
4. Read my 7-month report on venture studios where I refer to 100+ sources (it made me famous in the studio community 😁): https://inniches.com/research
5. Watch our previous Venture Studio & VC Online Conferences:
– VSOC 1: https://www.youtube.com/watch?v=zNwIhYfXY_Q&t=0s
– VSOC 2: https://www.youtube.com/watch?v=ackWHkXQM2g&t=0s
– VCOC: https://www.youtube.com/watch?v=1uhm5gM_TpQ&t=0s
6. Check the top-20 venture studio resources of 2023: https://www.linkedin.com/posts/maxpog_top-20-venture-studio-resources-created-in-activity-7142520618050113538-3u1Y?utm_source=share&utm_medium=member_desktop
7. Replenish your library with new books recommended by Venture Studio stakeholders at VSOC3: https://www.linkedin.com/posts/maria-shelepova_replenish-your-library-with-new-books-venture-activity-7163567361902510080-4EUF?utm_source=share&utm_medium=member_desktop
8. Contact me on LI https://www.linkedin.com/in/maxpog or on X: https://x.com/maxpogu
9. Connect my team: Masha https://www.linkedin.com/in/maria-shelepova/ & Annie https://www.linkedin.com/in/annie-vshivkova-072a63223/
Bill Gross thrives on turning innovative ideas into pioneering companies. He serves as founder and CEO of Idealab, which started over 75 companies since 1996. In this stimulating lecture, he shares how Idealab continues to bring incredible ideas to market, and his personal insights on starting and running successful organizations. Gross also describes the work of eSolar, a spin-off company of Idealab that works to make solar energy cost-competitive in the global marketplace.
View more clips and share your comments at http://ecorner.stanford.edu/authorMaterialInfo.html?mid=2659
Idealab's first IdeaDay was held on January 14th, 2014 at our office in Pasadena. We shared 10 ideas that we are excited to develop. Our goal is to find individuals or teams to carry any of these ideas forward. If we decide to work together, we can partner closely or Idealab can make a more passive investment.
Peter Reinhardt on Finding Product Market Fit at Segment
Peter Reinhardt - https://twitter.com/reinpk - is cofounder and CEO of Segment - https://segment.com/
Segment helps companies capture data from every customer touchpoint and send it to the tools where it can be used most effectively.
They were part of the YC Summer 2011 batch.
The YC podcast is hosted by Craig Cannon - https://twitter.com/craigcannon
***
Topics
00:00 - What is Segment?
1:30 - Segment’s first customers
3:05 - Their YC application
4:00 - Going through YC
5:30 - Realizing their first product didn’t work
10:30 - Launching Analytics.js
11:45 - Experiencing product market fit
16:55 - Debating whether to launch or build out the product
19:15 - Evan Farrell asks - You mentioned in the SS lecture that you had to totally pivot to Analytics.js to find PMF, is it possible to purely iterate on something people kinda like to find PMF, or should it be clear from the outset if a new idea is something people want?
20:30 - The importance of having a skeptic on your team
23:30 - Customer interviews
26:30 - Benjamin Liam asks - How did they know they have the right messaging to explain their product?
28:00 - Idea generation
32:45 - Danny Prol asks - What values and standards do you have in place for your team at Segment? And how do you actively build that culture into your company?
37:00 - Ashwin Doke asks - How has GDPR impacted Segment's business model?
39:15 - Andrew Pikul asks - Any advice he has on asking for more money than you're comfortable asking for.
41:45 - Juan Carlos Garza asks - How did YC help you to where Segment is right now?
43:15 - Juan Carlos Garza asks - In an early stage, what's the thin line between ignoring a customer suggested feature or moving a customer requested feature to the core of your application?
44:45 - Biggest learnings since YC
45:50 - Important hires at Segment
There Are 3 Types Of Corporate Innovation. 2 Minutes to See Why
Startup expert Steve Blank discusses Corporate Innovation with Professor Sheena Iyengar, faculty director of the Columbia Business School Entrepreneurship program, at the Columbia Startup Lab Jan. 13, 2015.
Ignite's Meet the Investor with Greg Gottesman of Pioneer Square Labs
Catch the replay of the October 2021 edition of Ignite's Meet the Investor program featuring Greg Gottesman, Co-Founder and Managing Director of Pioneer Square Labs and Co-Founder of Rover.com.
Meet the Investor is sponsored by Witherspoon Kelley.
Shonen Jump has given us some of the most storied... stories in the history of storytelling. This video's about the manga that didn't make it. Cancelled before their time... or right on time, depending.
Sponsored by GFuel. Get 30% off any order with code BASEMENT at https://gfuel.com
Chapters:
0:00 Welcome to the Jump Graveyard Tour
3:35 Snake, You've Created a Time Paradox!
7:56 Grimm's Legendary Tail
12:45 My Prince and the Pauper Academia
17:41 Wishful Thinking
23:54 Gfuel Ad
25:06 Stickin it to HiFi Cluster
31:25 Nazuto
check out the Shonen Flop Podcast for more cancelled Jump manga: https://shonenflop.com/
Support me on Patreon: https://www.patreon.com/mothersbasement
Subscribe to Mother's Basement for anime and gaming videos every week: https://www.youtube.com/subscription_center?add_user=UCBs2Y3i14e1NWQxOGliatmg
Validate me!
Follow me on twitter: https://twitter.com/G0ffThew
Also on facebook: https://www.facebook.com/mothersbasementofficial
And check out my Steam Curator page: http://steamcommunity.com/groups/mothers_basement/curation
and the new Mother's Basement Subreddit: https://www.reddit.com/r/mothersbasement
In the depths of his Mother's Basement, Geoff Thew creates videos analyzing the storytelling techniques of anime and video games. He has been named the number one Worst YouTube Anime Reviewer by The Top Tens.
How Venture Studios Build Businesses | John Borthwick, Betaworks EP 108
In this episode of Oh Ship, Freddie is joined by John Borthwick, Co-founder of Betaworks, a thematic residency and investment program for early-stage companies that has led to businesses like Giphy, Bitly, and Tweetdeck (to name a few).
#ohshipshow #Betaworks #VentureStudio
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Released weekly, Oh Ship! Show focuses on subjects related to entrepreneurship, business, culture, and innovation through the lens of an experienced leader sitting on a boat in his home office on a webcam. Freddie, and many of his guests, have been involved in numerous businesses throughout their careers, with both notable successes and failures. “Oh Ship!” is about celebrating the failures, sharing those stories, learning, and laughing along the way.
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