roelof botha keynote: ebootcamp 4/8/2010
DESCRIPTION
Roelof Botha's keynote presentation from Stanford's entrepreneurial bootcamp, "eBootcamp", on April 8, 2010.TRANSCRIPT
Humble BeginningsTrue Entrepreneur Tales
Roelof Botha
Steve Jobs
2010
Consumer electronicsStage Sector Investment
Venture Technology $100,000
Steve Jobs &Steve Wozniak
1976
John Riccitiello
2010
Consumer entertainment softwareStage Sector Investment
Venture Technology $900,000
Trip Hawkins
1982
John Chambers
2010
Internet hardware, software & servicesStage Sector Investment
Venture Technology $1,900,000
Sandy Lerner &Len Bosack
1987
Carol Bartz
2010
Internet communications, commerce & mediaStage Sector Investment
Venture Internet $900,000
Jerry Yang & David Filo
1994
Eric Schmidt
2010
Ultimate search engineStage Sector Capital Consumed
Venture Internet $6,000,000
Larry Page & Sergey Brin
1998
Max Levchin, Peter Thiel & Elon Musk
2010
Scott Thompson
Field Link“BEAM MONEY”
1998
Stage Sector Investment
Venture Financial $3,700,000
Digital payments services
Max Levchin, Peter Thiel & Elon Musk
Tony Hsieh
2010
Shoe retail servicesStage Sector Investment
Growth Internet $1,100,000
Nick Swinmurn
1999
Jonathan Kaplan
2010
One-time-use camerasStage Sector Investment
Venture Internet $3,500,000
Jonathan Kaplan
2001
Steve Chen &Chad Hurley
2010
Internet mediaStage Sector Investment
Venture Internet $3,500,000
Steve, Chad & Jawed
2005
Omar Hamoui
2010
Stage Sector Investment
Venture Mobile $3,300,000
Mobile advertising marketplace services
Omar Hamoui
2006
SEQUOIA CAPITAL CONFIDENTIAL 24
Commonalities
SEQUOIA CAPITAL CONFIDENTIAL 25
They Were Once In Your Shoes
26
The Founders Code™
✔ Underdogs
✔ Insight
✔ Personal
✔ Focused
✔ Unconventional
✔ Iterate
✔ Agility
✔ Relentless
✔ Long-term
SEQUOIA CAPITAL CONFIDENTIAL 27
Elements of a Sustainable Company
✔ Clarity of purpose
✔ Spectacular market
✔ Alleviate customer pain
✔ Team dna
✔ Singular product
✔ Real operating margins
✔ Frugality
✔ Inferno with a single match
SEQUOIA CAPITAL CONFIDENTIAL 28
2010
