top | item 6577927

Startup School 2013 Notes

111 points| pain_perdu | 12 years ago |docs.google.com

19 comments

order
[+] LinaLauneBaer|12 years ago|reply
Quote from the Google Doc:

"You shouldn't be friends with people who you wouldn't start a company with."

(Made by Phil Libin / Founder, Evernote, CoreStreet) https://docs.google.com/document/d/1Xo99mjzc4nyK3J4_GBiba_Kz...

Am I the only one who thinks this is a terrible advice? I have friends, long-term friends from kindergarden. I enjoy being with them but I would not start a company with them for several reasons. What does this say about the friendship?

Edit: Does anyone know this reasons for giving that advice?

[+] 001sky|12 years ago|reply
Before Dropbox, there were 100 cloud storage companies, half of which were VC funded. But Dropbox knew the problem better than anyone else, focused on making the actual use of space easier, and disrupted the existing solutions who were merely trying to compete on economy (offer more space and/or charge less)

This is a very true piece of advice in many ways.

(1) If there are "no" competitors, there is likely no market;

(2) There can be many competitors, but no "competition" if you execute well

(3) You need true insight to pull off #2

(4) A good screen is (3), and in the presence of (2) a huge market opportunity for an investor.

(5) Talent drives (3) more than age; but experience matters

(6) Corralary to (5) is rare experience has value in the context of (3)

[+] canttestthis|12 years ago|reply
Are the videos mirrored anywhere? I was working so I couldn't watch the talks.
[+] austenallred|12 years ago|reply
They usually upload them to YouTube a few days after startup school.
[+] ruang|12 years ago|reply
> A very handy memory device. Make do / dont’s lists. Note all the things you never want to do again

Does anyone know what does Jack Dorsey use exactly? Evernote would make sense although he didn't say so specifically.

[+] streeter|12 years ago|reply
He said he used the Notes app built into his iPhone.
[+] Miyamoto|12 years ago|reply
> You shouldn't be friends with people who you wouldn't start a company with.

Ouch. Not everyone is an MBA. I'm guessing that note is exaggerated or out of context.

[+] notduncansmith|12 years ago|reply
The idea, as I understood it, was that you have a very limited amount of time on this earth, so you should (in general) avoid spending time or other resources on building deep relationships with people that you can't rely on.
[+] _pius|12 years ago|reply
He said that with tongue firmly in cheek. Phil Libin has a very dry sense of humor.
[+] namenotrequired|12 years ago|reply
I don't remember the exact lines around it, but it was not about experience or knowledge, but strength of relationship and character.
[+] yashness|12 years ago|reply
I guess your guess is out of context.
[+] phildini|12 years ago|reply
It would be awesome if someone could take these notes and pair them with the videos when they post the videos.
[+] Patrick_Devine|12 years ago|reply
I'll post mine when I get a chance.. I thought the speaker line up was pretty good. Lots of diversity.