Hack Harvard talk (1/20/2014)

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The document provides advice on how to start a startup. It recommends gaining experience building projects while in school. When coming up with ideas, aim for large markets with pain points. Find co-founders who you enjoy working with and share values. Build small prototypes to test ideas, and fundraising is more like performance art than a logical process. Hiring should prioritize cultural fit over traditional interviews.

Technology Business

1. My Background
2. How to Startup
3. Inbox Preview

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?”

+1000 people
$15k from sponsors (VCs, law ﬁrm)
12 speakers from Boston & SF

... 3 full-time students.

Enough about me.
!

Let’s talk about startups.

• 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.

1. Learn to build stuﬀ
Startups need software engineers, not computer scientists.
I shipped +20 projects before graduating. Many were either wellpaid 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!

2. Read everything
• Business
• Product design
• Founder blogs
• Hacker News
• Design magazines
• HBS Case Studies
• Take classes in  
other departments

• NYT & NPR
• Technical papers from 
industry companies

3. Work your ass oﬀ

365 =
1.01

38.8
365 = 0.03
0.99
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.

Most of them will be lousy.
You only need to be right once.

Ingredients for a startup:
☑ large market
☑ hard tech
☑ pain point
☑ crufty foe

If you want to go fast, go alone.
If you want to go far, go together. 
– African proverb

People you’ve built fun projects with.
People you like hanging out with.
People who work hard.
People you trust.
Your friends.

Most important that you have shared values.

Realize that your idea is 5% formed.
Build small things to test big ideas.
Startups evolve as they grow.
That’s the point.

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

Who are you?
Why are you building this?
Who is it for?
How do you know they need it?

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.

Traditional interviews don’t work.
Recruiters don’t make sense.
You are HR.

People join startups because of the people.

questions ?
mg@inboxapp.com
preview.inboxapp.com 
ps: we’re hiring :)

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Hack Harvard talk (1/20/2014)

1. I’m @grinich

2. 1. My Background 2. How to Startup 3. Inbox Preview

3. 1. My Background 2. How to Startup 3. Inbox Preview

4. The least likely founder

8. 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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13. +1000 people $15k from sponsors (VCs, law ﬁrm) 12 speakers from Boston & SF ... 3 full-time students.

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

18. 1. My Background 2. How to Startup 3. Inbox Preview

19. • 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.

20. • 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.

21. 1. Learn to build stuff Startups need software engineers, not computer scientists. I shipped +20 projects before graduating. Many were either wellpaid 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!

22. 2. Read everything • Business • Product design • Founder blogs • Hacker News • Design magazines • HBS Case Studies • Take classes in   other departments • NYT & NPR • Technical papers from  industry companies

23. 3. Work your ass oﬀ 365 = 1.01 38.8 365 = 0.03 0.99 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.

24. • 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

25. Have (lots of) ideas

26. Most of them will be lousy. You only need to be right once.

27. Ingredients for a startup: ☑ large market ☑ hard tech ☑ pain point ☑ crufty foe

28. • 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

29. If you want to go fast, go alone. If you want to go far, go together.  – African proverb

30. People you’ve built fun projects with. People you like hanging out with. People who work hard. People you trust. Your friends.

31. Most important that you have shared values.

32. • 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

33. 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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35. 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

36. • 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

37. (Wait as long as you possibly can.)

38. Who are you? Why are you building this? Who is it for? How do you know they need it?

39. Fundraising is performance art.

40. 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.

41. • 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

42. Traditional interviews don’t work. Recruiters don’t make sense. You are HR.

43. People join startups because of the people.

44. Be generous with equity.

45. • 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

46. 1. My Background 2. HOW TO STARTUP 3. INBOX PREVIEW

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48. 1. My Background 2. HOW TO STARTUP 3. Inbox Preview

49. questions ? mg@inboxapp.com preview.inboxapp.com  ps: we’re hiring :)

Hack Harvard talk (1/20/2014)

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