iLab Scramble Talk | Rough Draft Ventures - Harvard Innovation Lab
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iLab Scramble Talk | Rough Draft Ventures - Harvard Innovation Lab

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Talk for attendees of the Harvard Innovation Lab - Startup Scramble Oct 18 2013. Outlines trends in student startups in Boston, with a few findings & anecdotes from the perspective of Rough Draft......

Talk for attendees of the Harvard Innovation Lab - Startup Scramble Oct 18 2013. Outlines trends in student startups in Boston, with a few findings & anecdotes from the perspective of Rough Draft Ventures (student-led partnership to back university entrepreneurs).

Thanks to Stephen Douglass for organizing and Neal Doyle for hosting!

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  • 1. DIVING IN & STARTUP HUSTLE How to get your foot in the door. Peter Class #2 Boyce II | @badboyboyce September 10, 2013
  • 2. Peter Boyce II Investor, General Catalyst Partners Co-founder, Rough Draft Ventures Founding Director, HackHarvard & HCVP Apprentice / Boston Director / Partnerships, Skillshare Harvard College, Applied Math & CS ’13
  • 3. What We’re Seeing • Weekly • pitches | across all Boston schools | investing $1-25K design-centric | mobile | tools | front-line (ex. bitcoin) • University-focused (you’re the target customer) • eCommerce & payments • On-demand convenience / service • Career / recruiting / professional • Disrupting / Displacing archaic industries: health, K-12 • Crowdfunding • Hardware & collaborative consumption ‘renaissance’
  • 4. Then vs. Now What’s changed on campus at Harvard? In Boston?
  • 5. What It Takes To Be A Student Founder • Team: scaling & growth via talent • Product-focused: • Vision for the road forward: milestones, timeline • Always • idea --> validation, integrating feedback be learning: product, people, reading, experiments Questions to ask yourself: • How much time can I allocate to this? • What metrics / scenarios would lead me to.... • What skills do I have? What skills do I need to develop? • What’s my unfair advantage? Secret-sauce?
  • 6. Resources for Student Founders • Locally: Rough Draft Ventures, DRF, Intelligent.ly, GA • Accelerators: YC, DreamIt Ventures, Bolt, Techstars Boston • Space: Harvard iLab, Koa Labs, Workbar, CIC • University: hackathons, professors, competitions, dining hall! • Community & Online: • Learning: Blogs & Twitter, HackerNews, Skillshare, edX • Events/Network: • Stay Scrambles!, unConference, CoFoundersLab Informed: Greenhorn Connect // BostInno // VentureFizz
  • 7. The Student Advantage ✓ .edu email address ✓ Lighter commitments ✓ Wide-open imagination ✓ ‘Reality distortion’ ✓ Customer / Learning / Network density
  • 8. Joining a Startup Team | Operational Experience | Responsibility | Risk Profile | Learning ‘Come Together Like Voltron’
  • 9. Reading Relentlessly Resourceful - Paul Graham http://www.paulgraham.com/relres.html
  • 10. Reading How things get done - Sam Altman http://blog.samaltman.com/how-things-get-donel
  • 11. The Road Forward • At the Scramble this weekend: • Make • Take • Get • Sustain new relationships ideas & translate them into MVP’s / validation out of your comfort zone: biz <-> product <-> tech the momentum: • Get out into the Boston tech ecosystem • Find new online learning sources & at your university • Identify + reach out to mentors & collaborators
  • 12. Have an Say hi: epic peter@roughdraft.vc Scramble! @badboyboyce pboyce.com (slide design inspiration by @jackrmcdermott)