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Lean	  Development	  Prac0ces	   Pascal-­‐Louis	  Perez	  &	  John	  Hitchings	        Alchemist	  Startup	  Primer	  /	  ...
A	  Show	  in	  Three	  Acts	  Act	  I	  –	  Where	  we	  learn	  about	  Wealthfront	  	  Act	  II	  –	  Big	  ideas	  an...
ACT	  I	  -­‐	  WEALTHFRONT	           Alchemist	  Startup	  Primer	  /	  @pascallouis	  /	  @wltheng	  
Quick	  Facts	  about	  Wealthfront	     “	  Democra0zing	  outstanding	           investment	  managers.	  ”	           A...
Alchemist	  Startup	  Primer	  /	  @pascallouis	  /	  @wltheng	  
Quick	  Facts	  about	  Wealthfront	               Assets	  Managed	  by	  Mutual	  Funds	  in	  the	  US	                ...
Quick	  Facts	  about	  Wealthfront	  •  Managing	  a	  liVle	  over	  $200,000,000*	  •  Processing	  over	  $2,000,000/d...
ACT	  II	  –	  BIG	  IDEAS	              Alchemist	  Startup	  Primer	  /	  @pascallouis	  /	  @wltheng	  
startuop	  startup	                             company	       Alchemist	  Startup	  Primer	  /	  @pascallouis	  /	  @wlth...
Alchemist	  Startup	  Primer	  /	  @pascallouis	  /	  @wltheng	  
Core/Context Analysis Framework                               Core                    Context                             ...
Alchemist	  Startup	  Primer	  /	  @pascallouis	  /	  @wltheng	  
ACT	  III	  –	  CONTINUOUS	  DEPLOYMENT	          Alchemist	  Startup	  Primer	  /	  @pascallouis	  /	  @wltheng	  
Alchemist	  Startup	  Primer	  /	  @pascallouis	  /	  @wltheng	  
Ship	  to	  PROD	  30+/day	  60	  50	  40	  30	  20	  10	    0	            M	     T	             W	        T	        F	   ...
Timeline	  Development	               Stage	                      QA	                  Fix	  P1	  Bugs	          Release	 ...
Timeline,	  Revisited	                                                                                                    ...
Life	  of	  a	  Deployment	  DM	                     PM	            PM	           PM	  ZK	   	   	           Alchemist	  S...
Life	  of	  a	  Deployment	  DM	                     PM	            PM	           PM	  ZK	   	   	           Alchemist	  S...
Life	  of	  a	  Deployment	  DM	                                     PM	           PM	  ZK	   	   	           Alchemist	  ...
Life	  of	  a	  Deployment	  DM	                     PM	            PM	           PM	  ZK	                         •  Self...
Life	  of	  a	  Deployment	  DM	                     PM	            PM	           PM	  ZK	   	                      •  Exp...
The	  5	  Essen0als	                       Culture	                                                                Con0nuo...
And	  That’s	  All	  Folks	  Act	  I	  –	  Where	  we	  learn	  about	  Wealthfront	  	  Act	  II	  –	  Big	  ideas	  and	...
Great	  Books	  Alchemist	  Startup	  Primer	  /	  @pascallouis	  /	  @wltheng	  
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Alchemist Startup Primer - Lean Development Practices

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Transcript of "Alchemist Startup Primer - Lean Development Practices"

  1. 1. Lean  Development  Prac0ces   Pascal-­‐Louis  Perez  &  John  Hitchings   Alchemist  Startup  Primer  /  @pascallouis  /  @wltheng  
  2. 2. A  Show  in  Three  Acts  Act  I  –  Where  we  learn  about  Wealthfront    Act  II  –  Big  ideas  and  Useful  Frameworks    Act  III  –  A  look  at  Con0nuous  Deployment   Alchemist  Startup  Primer  /  @pascallouis  /  @wltheng  
  3. 3. ACT  I  -­‐  WEALTHFRONT   Alchemist  Startup  Primer  /  @pascallouis  /  @wltheng  
  4. 4. Quick  Facts  about  Wealthfront   “  Democra0zing  outstanding   investment  managers.  ”   Alchemist  Startup  Primer  /  @pascallouis  /  @wltheng  
  5. 5. Alchemist  Startup  Primer  /  @pascallouis  /  @wltheng  
  6. 6. Quick  Facts  about  Wealthfront   Assets  Managed  by  Mutual  Funds  in  the  US     $11,000,000,000,000   Alchemist  Startup  Primer  /  @pascallouis  /  @wltheng  
  7. 7. Quick  Facts  about  Wealthfront  •  Managing  a  liVle  over  $200,000,000*  •  Processing  over  $2,000,000/day  •  Highly  regulated   –  By  the  SEC,  as  a  Registered  Investment  Advisor   –  By  FINRA,  as  a  Broker  Dealer   –  Member  SIPC  •  We’re  a  technology  company  •  No  Ops,  no  QA  team   *  ~  $35  AUM,  $165  AUA   Alchemist  Startup  Primer  /  @pascallouis  /  @wltheng  
  8. 8. ACT  II  –  BIG  IDEAS   Alchemist  Startup  Primer  /  @pascallouis  /  @wltheng  
  9. 9. startuop  startup   company   Alchemist  Startup  Primer  /  @pascallouis  /  @wltheng  
  10. 10. Alchemist  Startup  Primer  /  @pascallouis  /  @wltheng  
  11. 11. Core/Context Analysis Framework Core Context Process creates All other processes differentiation that wins customers Mission Critical Process shortfall creates serious and immediate risk Risk Non Mission Critical All other processes DifferentiationAlchemist  Startup  Primer  /  @pascallouis  /  @wltheng  
  12. 12. Alchemist  Startup  Primer  /  @pascallouis  /  @wltheng  
  13. 13. ACT  III  –  CONTINUOUS  DEPLOYMENT   Alchemist  Startup  Primer  /  @pascallouis  /  @wltheng  
  14. 14. Alchemist  Startup  Primer  /  @pascallouis  /  @wltheng  
  15. 15. Ship  to  PROD  30+/day  60  50  40  30  20  10   0   M   T   W   T   F   M   T   W   T   F   Alchemist  Startup  Primer  /  @pascallouis  /  @wltheng  
  16. 16. Timeline  Development   Stage   QA   Fix  P1  Bugs   Release   Cut  a  Release   Integrate  Patches   2-­‐8  Weeks   Alchemist  Startup  Primer  /  @pascallouis  /  @wltheng  
  17. 17. Timeline,  Revisited   Deployment   Development   Stage   QA   or  Tes0ng   Fix  P1  Bugs   Release   Cut  a  Release   Integrate  Patches  Experiments   Monitoring   5-­‐10  Minutes   Alchemist  Startup  Primer  /  @pascallouis  /  @wltheng  
  18. 18. Life  of  a  Deployment  DM   PM   PM   PM  ZK       Alchemist  Startup  Primer  /  @pascallouis  /  @wltheng  
  19. 19. Life  of  a  Deployment  DM   PM   PM   PM  ZK       Alchemist  Startup  Primer  /  @pascallouis  /  @wltheng  
  20. 20. Life  of  a  Deployment  DM   PM   PM  ZK       Alchemist  Startup  Primer  /  @pascallouis  /  @wltheng  
  21. 21. Life  of  a  Deployment  DM   PM   PM   PM  ZK   •  Self  Test     •  Increased  monitoring     Alchemist  Startup  Primer  /  @pascallouis  /  @wltheng  
  22. 22. Life  of  a  Deployment  DM   PM   PM   PM  ZK     •  Exponen0ally  increasing  group  sizes     •  Automated  rollback  if  needed   Alchemist  Startup  Primer  /  @pascallouis  /  @wltheng  
  23. 23. The  5  Essen0als   Culture   Con0nuous  Deployment  Test  Driven  Development   Immune  System   Con0nuous  Integra0on   Alchemist  Startup  Primer  /  @pascallouis  /  @wltheng  
  24. 24. And  That’s  All  Folks  Act  I  –  Where  we  learn  about  Wealthfront    Act  II  –  Big  ideas  and  Useful  Frameworks    Act  III  –  A  look  at  Con0nuous  Deployment   Alchemist  Startup  Primer  /  @pascallouis  /  @wltheng  
  25. 25. Great  Books  Alchemist  Startup  Primer  /  @pascallouis  /  @wltheng  
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