0
15 years to overnight success
April 1992
1992 - 2006
1st startup = 16 years early
Camera-
 phone
 1997
1999, 2004 & -$27M
9 Months of Bliss
Oren & Co R killin’ it
Be a
 1-hit
Wonder!
1.
Only the rich profit from VC




                              Photo from
Mortgage houses, not startups


                          Photo from TechCrunch
All or
nothing
2.
A little rich is critical




                            Photo from TechCrunch
3.
Be late, or




              Photo from TechCrunch
4.
Be boring
Directories
Customer Lists
Analytics
Data Sales
Become invulnerable
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Ignitenyc Feb 2009

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Startup founders need not pick between having a reasonable probability of financial security and changing the world. Make them serial goals. In the order mentioned above.

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Transcript of "Ignitenyc Feb 2009"

  1. 1. 15 years to overnight success
  2. 2. April 1992
  3. 3. 1992 - 2006
  4. 4. 1st startup = 16 years early
  5. 5. Camera- phone 1997
  6. 6. 1999, 2004 & -$27M
  7. 7. 9 Months of Bliss
  8. 8. Oren & Co R killin’ it
  9. 9. Be a 1-hit Wonder!
  10. 10. 1. Only the rich profit from VC Photo from
  11. 11. Mortgage houses, not startups Photo from TechCrunch
  12. 12. All or nothing
  13. 13. 2. A little rich is critical Photo from TechCrunch
  14. 14. 3. Be late, or Photo from TechCrunch
  15. 15. 4. Be boring
  16. 16. Directories
  17. 17. Customer Lists
  18. 18. Analytics
  19. 19. Data Sales
  20. 20. Become invulnerable
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