The document discusses lean development practices and is structured like a three act play. Act I provides an overview of Wealthfront, including that it manages over $200 million in assets and processes $2 million per day. Act II discusses frameworks for analyzing a company's core and contextual processes. Act III examines continuous deployment practices at Wealthfront, including deploying over 30 times per day and having a deployment timeline of 5-10 minutes.

1. Lean
Development
Prac0ces
Pascal-­‐Louis
Perez
&
John
Hitchings
Alchemist
Startup
Primer
/
@pascallouis
/
@wltheng

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. ACT
I
-­‐
WEALTHFRONT
Alchemist
Startup
Primer
/
@pascallouis
/
@wltheng

4. Quick
Facts
about
Wealthfront
“
Democra0zing
outstanding
investment
managers.
”
Alchemist
Startup
Primer
/
@pascallouis
/
@wltheng

5. Alchemist
Startup
Primer
/
@pascallouis
/
@wltheng

6. Quick
Facts
about
Wealthfront
Assets
Managed
by
Mutual
Funds
in
the
US
$11,000,000,000,000
Alchemist
Startup
Primer
/
@pascallouis
/
@wltheng

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. ACT
II
–
BIG
IDEAS
Alchemist
Startup
Primer
/
@pascallouis
/
@wltheng

9. startuop
startup
company
Alchemist
Startup
Primer
/
@pascallouis
/
@wltheng

10. Alchemist
Startup
Primer
/
@pascallouis
/
@wltheng

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
Differentiation
Alchemist
Startup
Primer
/
@pascallouis
/
@wltheng

12. Alchemist
Startup
Primer
/
@pascallouis
/
@wltheng

13. ACT
III
–
CONTINUOUS
DEPLOYMENT
Alchemist
Startup
Primer
/
@pascallouis
/
@wltheng

14. Alchemist
Startup
Primer
/
@pascallouis
/
@wltheng

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. Timeline
Development
Stage
QA
Fix
P1
Bugs
Release
Cut
a
Release
Integrate
Patches
2-­‐8
Weeks
Alchemist
Startup
Primer
/
@pascallouis
/
@wltheng

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. Life
of
a
Deployment
DM
PM
PM
PM
ZK
Alchemist
Startup
Primer
/
@pascallouis
/
@wltheng

19. Life
of
a
Deployment
DM
PM
PM
PM
ZK
Alchemist
Startup
Primer
/
@pascallouis
/
@wltheng

20. Life
of
a
Deployment
DM
PM
PM
ZK
Alchemist
Startup
Primer
/
@pascallouis
/
@wltheng

21. Life
of
a
Deployment
DM
PM
PM
PM
ZK
• Self
Test
• Increased
monitoring
Alchemist
Startup
Primer
/
@pascallouis
/
@wltheng

22. Life
of
a
Deployment
DM
PM
PM
PM
ZK
• Exponen0ally
increasing
group
sizes
• Automated
rollback
if
needed
Alchemist
Startup
Primer
/
@pascallouis
/
@wltheng

23. The
5
Essen0als
Culture
Con0nuous
Deployment
Test
Driven
Development
Immune
System
Con0nuous
Integra0on
Alchemist
Startup
Primer
/
@pascallouis
/
@wltheng

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. Great
Books
Alchemist
Startup
Primer
/
@pascallouis
/
@wltheng