my entrepreneurial journey
DESCRIPTION
A talk I gave at the Tepper School of Business at CMU on my entrepreneurial journey. I used the LinkedIn maps to talk about some of my early networking and then focused in on the underlying assumptions driving the creation of Birchmere Labs and how that came to be. AlsokTRANSCRIPT
PROPRIETARY AND CONFIDENTIAL
MY ENTREPRENEURIAL
JOURNEY
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Carnegie Mellon University October 8, 2014
http://www.flickr.com/photos/ecstaticist/3289337255/sizes/l/
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http://inmaps.linkedinlabs.com/network 1,850 connections
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Trends Supporting Launch of Birchmere Labs
03 05 07 09 11
VC Blogs emerge
RoR launches
LAMP stack
Amazon S3 / EC2
Apple democratizes mobile deck (iOS)
YCombinator launch
Betaworks launches
Science launches in LA
The Lean Startup published
AngelList launches
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Birchmere Labs model
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~ $50k
~ $100k
~ $200k
concepts
scale
spin out
~ 15 “Classic” Seed Investments !
$200k initial investment
STUDIO SEED
+
IDEAS ~ $1k
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Just Like Our Companies ...
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Build
Measure Learn
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Early Stage continues to be disrupted
Angel List Syndicates
Series A Crunch / Bifurcation
JOBS Act & Crowd Funding
New Studio & Seed Funds
Evolving Institutional Seed Metrics
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FOUR LETTER WORDS @ 37 SIGNALS
Source: http://37signals.com/svn/posts/439-four-letter-words
They are especially dangerous when you string them together. How many times have you said or heard something like this:
!
“We really need it. If we don’t we can’t make the customer happy. Wouldn’t it be easy if we just did it like that? Can you try it real fast?”
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Need
Must
Can’t
Easy
Just
Only
Fast
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THANK YOU !
@SEANAMMIRATI !
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