I'm probably most proud of the fact that we are bootstrapped and that we are able to do not just the typical Silicon Valley startup thing. We are basically throwing away all the typical conventions of other startups.
There is never a time in a company's history when cost control can be relegated to the back burner, but for a startup company, keeping costs low is a vital necessity.
Ten Internets ago, when PayPal was started, it was all these tools that no one had built yet to bring commerce to the Internet. My first startup used PayPal.
Big companies are often in the process of laying off workers. Small startup companies are the ones that are hiring. The statistics prove that's where job growth is going to occur.
Convince the investor that you guys are moving fast and that this isn't some long slog... you're thinking about it like a startup where you can move fast and make mistakes.
In the early stage of a startup, hiring senior people is usually a mistake. You just want people that get stuff done.
The Startup Act should give all Americans, not just immigrants, a better shot at being tomorrow's engineers and entrepreneurs. And that opportunity could begin at a young age with education in computer programming.
If you're trying to get to profitability by lowering costs as a startup then you are in a very precarious and difficult position. You need to grow through profitability.
I wish I had known the value of interning at a startup before starting my own. There is so much I could have learned on somebody else's dime in a much lower-risk environment.
The first thing that any city that's trying to create a startup community or an entrepreneurial ecosystem that's vibrant should do is get rid of the idea that they're trying to be like Silicon Valley.
Most entrepreneurs think capital is the biggest problem they have - but it's not. You can have all the capital you want, but if the market fit and ability to adjust are not present, your startup will likely not succeed.
Separation, I think, in an early-stage company or a startup environment is not a good thing. You need to basically live and breathe the entire environment.
It took less time to build 'Instagram' than it did for me to get my work visa. The app was an instant hit, and Facebook agreed to acquire the startup for about $1 billion in April 2012.
Too many people go into existing organizations and define success as recreating what is there. To be successful as a startup organization within a large, established culture, you really need to think about how you leverage the assets that are there.
At a startup, it's hard enough to get a single thing right, much less a whole bunch of things. Especially if the things you are trying to do are not only dissimilar but actively impede each other.
Being in a band is very much like a startup. You start in a garage. You hope to get interest from investors, like a major record label.
Seasteads are man-made islands that float permanently on the ocean with any measure of a political autonomy. They would essentially be startup societies where people could form whatever kind of community they wanted.
When Facebook first started, and it was just a social directory for undergrads at Harvard, it would have seemed like such a bad startup idea, like some student side project.
Building a startup community is not a zero-sum game in which there are winners and losers: if everyone engages, they and the entire community can all be winners.
We hear again and again from founders, that they wish they had waited to start a startup until they came up with an idea they really loved.
Coming from Ireland, it's quite hard to do a startup because you're culturally so far away from what everyone else is doing. In the Bay Area, it's much easier. It's the equivalent of an actor or actress moving to Hollywood.
Imagine working 20% smarter instead of 20% longer...Work-life balance and startup success at any stage aren't mutually exclusive. There are enough hours in the day to be effective and present.
Nvidia's CEO, Jen-Hsun Huang, is an engineer and a chip designer. He cofounded Nvidia and still runs it like a startup.
Everyone is on Facebook. It is very rare that I can't find a startup. Out of the 72 Y Combinator startups, almost all of them were on Facebook.
It's rare for a startup to make money immediately, so you need to make sure that you have enough saved or that you have another income stream that can support you.
I've had a very good stretch with startup investing, and I think it's very important to know when to hold your chips.
Every startup should address a real and demonstrated need in the world - if you build a solution to a problem lots of people have, it's so easy to sell your product to the world.
ICOs cannot escape startup evolution characteristics. This means that their growth will be hard fought, hard earned, and hardly a walk in the park.
Part of the magic of a startup is the fear of death. You have only so much money in the bank, and if you don't get to the right milestone before you run out, then the company goes under - it's over.
I have this passion for building things, so I always wanted to build a startup. I always wanted to start my own company.
The right algorithm is to put off seeking funds for as long as physically possible. And in an ideal world, a startup would never have to seek funds at all.
I operate my life like a startup. I learn a little bit and I test something else out and I keep iterating and iterating until it's perfect.
Coming from Ireland, its quite hard to do a startup because youre culturally so far away from what everyone else is doing. In the Bay Area, its much easier. Its the equivalent of an actor or actress moving to Hollywood.
Halcyon people have put aside and left their homes, their million dollar salaries, full professorships at major universities, and fully seed-funded startup companies to be part of this effort.
There is a great deal of innovation occurring in Colorado, with some of the most brilliant minds and creative startup companies in the world formulating climate-change solutions right in our backyard.
Not only is it possible to do lean startup in federal government, but it's the most effective way to drive change in the federal government.
Every startup should address a real and demonstrated need in the world. If you build a solution to a problem lots of people have, it's so easy to sell your product to the world.
Berlin definitely has one of the most vibrant of the startup scenes that I have seen. Not really just across Europe, but across the whole world in terms of cities. It's an interesting dynamic.
Aspiring entrepreneurs are often advised to work at a startup for a couple of years first, to understand what's involved. But often, each company's approach to success is very narrow. So my advice is, 'Just do it.'
A hardware startup with a lot of funding and a lot of momentum has a lot less risk.
In the startup work environment, you get to have a relationship with your boss, the investors, and the key members of the team. Startups are like families - you see the good, the bad and the ugly, but in the end, you've got each other's back.
I don't believe ever in shared office spaces. Peter talks a little bit about this, every good startup is a cult. It's very hard to create a cult if you're sharing space with people.
I separate the world of startup communities into two constituencies - leaders and feeders. The leaders are entrepreneurs and the feeders everyone else.
Like any startup in hyper-growth mode, growth often brings change, and with it, evolution in the executive team.
If you have managers reporting to managers in a startup, you will fail.
Face-to-face customer feedback refines or validates every component of the startup's business model, not just the product itself.
Silicon Valley has been developing as a startup community for over 60-70 years. This notion that you can create something in two or five years is foolish.
Starting a startup is a process of trial and error. What guided the founders through this process was their empathy for the users. They never lost sight of making things that people would want.
Decades before we were able to articulate the value of 'getting out of the building' and the Lean Startup, the value in having skunk works controlling their own distribution was starkly evident.
Help each user personally. Sure that won't scale to a very large size, but when a startup is just starting out, it really helps you have an advantage as a small and nimble company.
People in startup-land live inside it. They see themselves as really good people even when they're doing something that's very bad. There's a huge disconnect from reality in the tech world.
Startup success is driven most by the product passion, quality, vision, team-work and persistence of the founding team and the talent that the team attracts.
I take a lean-startup approach: creating agile, interdisciplinary teams that get the minimum viable product to market as soon as possible. It's my job to be entrepreneur-in-residence, an internal change agent.
If you don't share information among your startup's team, then it'll be just about a coincidence if product, marketing, and engineering are ever aligned. Those odds are too low to succeed.
About 10 million people start a business each year, and about one out of two will make it. The average entrepreneur is often on his or her third startup.
The Columbia Startup Lab is a visible symbol of how the university is making entrepreneurship an integral part of all colleges at the university.
Of course the Silicon Valley is unique and Berlin is not yet comparable. But of all the different cities that are building a startup infrastructure, Berlin is the one with the most similar energy.
One of the issues we face here in San Francisco and Silicon Valley is a sense that the people all around us are as conversant in startup and tech culture as we are. But we need to remember, and remind ourselves repeatedly, that we're a small minority in a larger population.
What always drove me was my curiosity. That's what made me join Booking and not be afraid to leave a very successful job and then go into a startup.
I think my approach to a creative career was very entrepreneurial. Even though I'm a writer, I've always viewed my work much in the same way as a startup or marketer might view their work.
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