| The Role of Luck in Startups | May 14, 2003 |
Judy Estrin
|
JLABS, LLC |
Entrepreneurial Thought Leader Speaker Series |
| Views: 772 |
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| Video 13 of 22 from this talk |
- 01:26Perspective on IT Market
- 01:11Think in Terms of Cycles
- 02:35Technology Cycles Start with a Breakthrough Innovation
- 00:48Three Cycles in IT Network
- 13:46Three Cycles in IT Network: Enterprise Productivity, Connecting People, Connective Devices
- 00:33The Internet is not a Business
- 00:46Collaborate with Dominant Vendors
- 05:31Personal Connectivity Cycle
- 01:51Connecting Embedded Devices Cycle
- 04:30How to Survive in a Downturn Economy
- 01:06The Role of the Startup is to Create a New Market
- 02:57History of Packet Design: Importance of Adapting
- 02:10The Role of Luck in Startups
- 01:11Reaching Critical Mass in Tough Times
- 01:24It's a Long Haul to Liquidity
- 01:35It's Not Just About the Money
- 00:52Confidence vs. Arrogance
- 01:26Marketing and Learning from Customers
- 01:50A Good Leader Must be Flexible
- 02:00Exit Strategies Now and Then
- 00:45Self-Configuring Architectures
- 01:20Consumer Markets are Difficult for Startups
Description
Start ups are difficult and risky, says Estrin. Lots of combined skills are necessary. Attention to details, hard work and a lot of luck play an important role in the success of a company, she says. The environment is risk averse today--customers, funders and employees. Start ups have to be creative and find alternative funding, she adds.
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