Archive for the ‘people i like’ Category

Y Combinator Startup School @ Stanford Univ. ’08

Sunday, April 20th, 2008
Jeff Bezos & me, Y Combinator Startup School @ Stanford

That’s Jeff Bezos, chairman and CEO of a small company called Amazon.com. And oh, the founder of a space company too.

At SUS, after each speech, the speaker usually has a 5-15 min Q&A session with the audience. The way Jeff handled his Q&A, and carried himself impressed me. He respectfully and politely provided a “good enough” answer when someone posed him the question in an attempt to pitch AWS head to head against Google App Engine.

What really impressed me though, was when someone asked him about some technical limitation imposed by the company on Amazon Web Services, an answer to which Jeff did not know, so he redirected the spotlight to one of his aides standing by the stage for an answer. The aide essentially gave a beat-around-the-bush type “politically correct” corporate cookie-cutter, investor-relations cover-your-ass type answer. Jeff cut the aide of in mid-sentence when he saw that the answer was practically rubbish, and said, “so basically, he’s not really answering your question” (referring to this aide) and apologized to the developer for not knowing the answer.

He then said the name of his aid so that the developer could follow up with his aide for a real answer. Jeff is obviously trying to woo developers to build on top of AWS. I tip my hat for his efforts to gain trust from the developer community. That burst of honesty, cutting through clutter .. was refreshing.

The videos at Y Combinator‘s Startup School 2008 can be found here: http://omnisio.com/startupschool08

Picture taken at Kresge Auditorium, at Stanford University.

Fact: Did you know that Blue Origin does their computational fluid dynamics calculations on the AWS Elastic Compute Cloud? At first, I thought that was just corporate incest (and another sleazy marketing ploy) — but I was wrong. Blue Origin previously took 70 hours per calculation, and now they can get results in just 12 hours, quickly deploying (scaling up and scaling down) a massive fleet of servers! Talk about eating your own dogfood. Now that’s just plain good practice.

Update — Check out this video(s). In personal decisions, my methodical nature can confuse me. Some decisions are best made with the heart.

Fear of the defeats they will meet on the path

Monday, February 25th, 2008

Anyone who fights for their dream, suffers far more when it doesn’t work out, because they cannot fall back on the old excuse: “Oh, well, I didn’t really want it anyway.” They do want it and know that they have staked everything on it and that the path of the Personal Legend is no easier than any other path, except that their whole heart is in this journey. Then, the warrior of light must be prepared to have patience in difficult times and to know that the Universe is conspiring in his favour, even though he may not understand how.
– Paolo Coelho

Ridiculously sick work ethic

Wednesday, February 20th, 2008

I’ve never really viewed myself as particularly talented. I’ve viewed myself as slightly above average in talent. And where I excel is ridiculous, sickening, work ethic. You know, while the other guy’s sleeping? I’m working. While the other guy’s eatin’? I’m working. While the other guy’s making love, I mean, I’m making love, too. But I’m working really hard at it.

You can look at the first six episodes of the Fresh Prince and I was so hell bent on not failing that I memorized the entire script. And you can see in certain shots they try to cut around it as much as they can, but I am mouthing the other actor’s lines.

Nuff said, this guy is my hero and role model.

More from CBS.

Randy Komisar

Saturday, February 9th, 2008

Randy Komisar, when asked in an interview about how he would ever make his mark at VC firm like Kleiner Perkins Caufield & Byers when they have a track record of investment home runs like Google says,

It’s a high bar, there’s no question about it. But I don’t feel competitive against that. I mean I think that the goal for me is to help create great talent in great companies, and what I’m hoping that in the process, they create wealth and opportunities for others. That being said, trying to measure up against something like Google as an investment return, that would just make you anxious. I don’t feel very competitive with that. I just hope that I continue to do good work and contribute.

I think that’s great advice. It’s so easy to fall into the trap of benchmarking yourself against a rare one time astronomical success. It only makes you more anxious and cloud your judgement in decision making, spinning you into an uncontrolled perpetual fall downwards. The negative energy just feeds back into the system and snowballs.

I think I have fell into that trap of focusing on the wrong thing. I think the reason why I fell for that is because I am very competitive. It’s only natural that when I see someone doing better than me, that I only want to do even better–to win. I’m not a life-is-a-zero-sum game guy, but I am competitive.

I think the other reason is because sometimes I care too much about what other people think of me. And it is so easy for external parties to view you from the outside and say, “Why can’t he accomplish this feat? Someone else has already done it, and therefore it’s possible. If he can’t do it, then he must be a loser”. It’s easy to benchmark others against the best. Not so funny when others benchmark you the same way.

That’s exactly what happened in that interview. The interviewer asked Randy a question that same line of external judgement: “how do you think you are going to beat the record?” In my opinion, Randy’s answer was perfect, “Look, I know it’s difficult, but I don’t ask myself that every time I go to work, or in every investment decision I mae. I focus on what’s important really here: contributing, creating wealth and opportunities to the best I can” I think I would have bombed that test. I would have said something that displays my naivete like, “oh, that’s nothing–I’ll beat it.” Sounds Dilbert-ish.

Towards the end of the interview, Randy was asked what his recommendation was for people who starting out and looking for a profession. The interviewer asked if he would recommend his own career trajectory he took, for instance. Randy says,

You should question authority, question convention, question other people’s expectations. We live in a day and time when all things are possible for people who have the raw intelligence, energy, and dedication to reinvent things. And that includes reinventing themselves. The shame of it is when smart people conform to conventional expectations and miss out on the opportunities to live a creative life. Within that confine, almost anything can be a great profession and can be a good and purposeful life’s work. But first and foremost, it’s gotta be important to you.

Randy Komisar one of the mentors at the Stanford Technology Ventures Program.

Steve Jurvetson: Failure is the magic sauce

Sunday, February 3rd, 2008

Failure is the magic sauce in entrepreneurship, it’s the magic sauce in innovation.

In the venture business, we look at thousands of business plans every month. The majority of them will fail, the majority of them will go out of business, but its the few that succeed that really change the world.

And you have to be prepared for that, as an entrepreneur, that on average, you’re going to fail. And not to take that too deeply, to realize that that’s okay, and luckily at least in America, there’s a culture that welcomes that; that says its okay to fail, especially in an entrepreneurial endeavor.

Embracing failure and failing early enough are positive aspirational goals. As venture capitalists, we often argue that we should often fail early enough to learn about new industries and learn to do what we do.

From an interview with Steve Jurvetson