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Drew Houston at Startup School
By
chris
Oct 31, 2011
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(Psst— Click around.
Click the notes below to skip to the good parts.)
Everything big starts small
Everyone starts out clueless
Big companies were started by n00bs
Zuck: Facebook was cool thing #8, but happened to take off
Start of Dropbox
Inspired by MIT networked storage tech: Athena
Story of forgetting thumb drive
How Drew attracted Arash: posted video of Dropbox
Get out of your comfort zone
Some of best companies were started by engineers that figured out business
Buy top Amazon books for each business topic
Take on more than what you're "ready" for to get used to that feeling
Learn to start a company by starting a company or joining a startup
Stack the odds in your favor
Don't push yourself to do things, set it up so you get pulled to up your game
Started SAT prep company as an excuse to learn how to run a company, even though it was unsuccessful
Be around people that push you to do better (story about Adam Smith)
Plug for Y Combinator - good atmosphere if you have no money, not much experience, and no connections
Find the best investors (story of first meeting with Sequoia Capital)
Make something people want (and pay for)
Can't be a billion dollar company without a billion dollar market
Although more competitive, go after the biggest market you can, other things become easier
Getting good investors
Recruiting people
Chance of a reasonable outcome is better
It's just a shitload of hard work
Now we can actually do something huge - Build the internet filesystem
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Drew Houston at Startup School
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Drew Houston at Startup School