hack harvard talk (1/20/2014)

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I’m @grinich

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Page 1: Hack Harvard talk (1/20/2014)

I’m @grinich

Page 2: Hack Harvard talk (1/20/2014)

1. My Background

2. How to Startup

3. Inbox Preview

Page 3: Hack Harvard talk (1/20/2014)

1. My Background

2. How to Startup

3. Inbox Preview

Page 4: Hack Harvard talk (1/20/2014)

The least likely founder

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Wasn’t the prodigy kid programmer....

... no Intel Science Fair, robotics club, programming classes, research labs, aced SATs, ivy league, etc.

“MIT? That’s in Michigan right?”

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+1000 people $15k from sponsors (VCs, law firm) 12 speakers from Boston & SF ... 3 full-time students.

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Enough about me. !Let’s talk about startups.

Page 18: Hack Harvard talk (1/20/2014)

1. My Background

2. How to Startup

3. Inbox Preview

Page 19: Hack Harvard talk (1/20/2014)

• How to prepare while in school

• How to think of a (good) idea

• How to find your co-founders

• What to build when prototyping

• How to raise money (and the pitfalls)

• How to hire people

… my last 12 months.

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• How to prepare while in school

• How to think of a (good) idea

• How to find your co-founders

• What to build when prototyping

• How to raise money (and the pitfalls)

• How to hire people

… my last 12 months.

Page 21: Hack Harvard talk (1/20/2014)

Startups need software engineers, not computer scientists.

I shipped +20 projects before graduating. Many were either well-paid internships or contract jobs with flexible hours.

... and I wrote my first line of code during freshman year.

You don’t run a marathon without training first!

1. Learn to build stuff

Page 22: Hack Harvard talk (1/20/2014)

• Business

• Product design

• Founder blogs

• Hacker News

• Design magazines

• HBS Case Studies

• Take classes in other departments

• NYT & NPR

• Technical papers fromindustry companies

2. Read everything

Page 23: Hack Harvard talk (1/20/2014)

1.01365 = 38.8 0.99365 = 0.03

Nearly all meet-ups and networking events are a waste of time. !Treat them as recreation, not work. !The best connections are made through working on projects with people.

3. Work your ass off

Page 24: Hack Harvard talk (1/20/2014)

• How to prepare while in school

• How to think of a (good) idea

• How to find your co-founders

• What to build when prototyping

• How to raise money (and the pitfalls)

• How to hire people

Page 25: Hack Harvard talk (1/20/2014)

Have (lots of) ideas

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Most of them will be lousy.

You only need to be right once.

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☑ large market

☑ hard tech

☑ pain point

☑ crufty foe

Ingredients for a startup:

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• How to prepare while in school

• How to think of a (good) idea

• How to find your co-founders

• What to build when prototyping

• How to raise money (and the pitfalls)

• How to hire people

Page 29: Hack Harvard talk (1/20/2014)

If you want to go fast, go alone.

If you want to go far, go together.

– African proverb

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People you’ve built fun projects with.

People you like hanging out with.

People who work hard.

People you trust.

Your friends.

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Most important that you have shared values.

Page 32: Hack Harvard talk (1/20/2014)

• How to prepare while in school

• How to think of a (good) idea

• How to find your co-founders

• What to build when prototyping

• How to raise money (and the pitfalls)

• How to hire people

Page 33: Hack Harvard talk (1/20/2014)

Realize that your idea is 5% formed.

Build small things to test big ideas.

Startups evolve as they grow.

That’s the point.

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The important thing is to strive towards a goal which is not immediately visible.

That goal is not the concern of the mind, but of the spirit.

– Antoine de Saint-Exupéry

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• How to prepare while in school

• How to think of a (good) idea

• How to find your co-founders

• What to build when prototyping

• How to raise money (and the pitfalls)

• How to hire people

Page 37: Hack Harvard talk (1/20/2014)

(Wait as long as you possibly can.)

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Who are you?

Why are you building this?

Who is it for?

How do you know they need it?

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Fundraising is performance art.

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Cold-emailing doesn’t work— get intros.

Best investors provide value beyond $$$.

Don’t focus on the valuation.

Startups are a binary outcome game.

Get back to work.

Page 41: Hack Harvard talk (1/20/2014)

• How to prepare while in school

• How to think of a (good) idea

• How to find your co-founders

• What to build when prototyping

• How to raise money (and the pitfalls)

• How to hire people

Page 42: Hack Harvard talk (1/20/2014)

Traditional interviews don’t work.

Recruiters don’t make sense.

You are HR.

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People join startups because of the people.

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Be generous with equity.

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• How to prepare while in school

• How to think of a (good) idea

• How to find your co-founders

• What to build when prototyping

• How to raise money (and the pitfalls)

• How to hire people

Page 46: Hack Harvard talk (1/20/2014)

1. My Background

2. HOW TO STARTUP

3. INBOX PREVIEW

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Page 48: Hack Harvard talk (1/20/2014)

1. My Background

2. HOW TO STARTUP

3. Inbox Preview

Page 49: Hack Harvard talk (1/20/2014)

questions [email protected]

preview.inboxapp.com

ps: we’re hiring :)