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BE REMARKABLE
BE REMARKABLE Be remarkable. This is my conclusion from a great quote by Jonathan Cohen which is, advertising is a “tax” on being unremarkable. You need to find a way to make your offering exceptional. You need to find a way to make your offering stand out. BUILD A COMPLEMENTARY TEAM BUILD A COMPLEMENTARY TEAM. You need to have diversity of thought in your company. In addition to diversity of thought, diversity people, you need diversity of styles. You need people who look at the world in different ways and have different viewpoints from their outset. I learned this very late I was probably 35 years old before I learnedthis.
LEARN TO SAY NO
Live. •. SAY NO. This is very hard for an entrepreneur to do. And very hard for me to do. So, this is definitely one of those cases of “do as I say, not as I do”. Although I try really, really hard to do this. It's very important, maybe more important, to say no to things, and pay attention to that, than what you say yes to. And hereis why.
BE SUCCESS SENSITIVE BE SUCCESS SENSITIVE. Don't be dilution sensitive. This was a lesson that took me a very long time to learn but I really learned that the outcome of your company is so digital. You can build a great, big company or you can fail. There of course is in between’s. CHALLENGE THE STATUS QUO But I really feel that all truth passes through three stages. This is a great quote by Arthur Schopenhauer. He says first an idea is ridiculed, then it's violently opposed, and 3rd is accepted as being self-evident. When you first start out with your idea, if it is a bold new idea that challenges status quo, you could be ridiculed. You'reonly
EMBRACE DIVERSITY
EMBRACE DIVERSITY Inclusive diverse teams win. There is a really great talk and great book by Frances Frei that I love. That says this even better than I can hear but I'll take a stab.IGNORE SUNK COSTS
It makes us want to adhere to a given direction, even in light of new contradictory evidence. However, when you have that new evidence you should listen to it. You should ignore those sunk costs. You should just agree that those costs, with a valuable learning to get to this current place and move forward with the new information. IDEALABALL COMPANIESPARKING Founded in 1996, Idealab is the longest running technology incubator. We have created over 150 companies with more than 45 IPOs and acquisitions. Great Ideas. Great Companies. We believe that entrepreneurship can unlock human potential and make the world a better place. We look for big problems in the world that have technology solutions and IDEALAB | ALL COMPANIES All Companies. Since 1996, Idealab has incubated and participated in over 150 companies in a variety of sectors such as consumer internet and mobile, cleantech, education, automation/robotics, blockchain, enterprise software, and networking. INTRODUCTION TO THE LESSONS Introduction to the lessons. 25 years of thanks and. 25 years of lessons learned. I started Idealab with a dream to make something like a modern version of Thomas Edison’s Lab where we could test ideas under one roof and then spin them off into separate companies. These companies would have their own management teams and their own equityBE REMARKABLE
BE REMARKABLE Be remarkable. This is my conclusion from a great quote by Jonathan Cohen which is, advertising is a “tax” on being unremarkable. You need to find a way to make your offering exceptional. You need to find a way to make your offering stand out. BUILD A COMPLEMENTARY TEAM BUILD A COMPLEMENTARY TEAM. You need to have diversity of thought in your company. In addition to diversity of thought, diversity people, you need diversity of styles. You need people who look at the world in different ways and have different viewpoints from their outset. I learned this very late I was probably 35 years old before I learnedthis.
LEARN TO SAY NO
Live. •. SAY NO. This is very hard for an entrepreneur to do. And very hard for me to do. So, this is definitely one of those cases of “do as I say, not as I do”. Although I try really, really hard to do this. It's very important, maybe more important, to say no to things, and pay attention to that, than what you say yes to. And hereis why.
BE SUCCESS SENSITIVE BE SUCCESS SENSITIVE. Don't be dilution sensitive. This was a lesson that took me a very long time to learn but I really learned that the outcome of your company is so digital. You can build a great, big company or you can fail. There of course is in between’s. CHALLENGE THE STATUS QUO But I really feel that all truth passes through three stages. This is a great quote by Arthur Schopenhauer. He says first an idea is ridiculed, then it's violently opposed, and 3rd is accepted as being self-evident. When you first start out with your idea, if it is a bold new idea that challenges status quo, you could be ridiculed. You'reonly
EMBRACE DIVERSITY
EMBRACE DIVERSITY Inclusive diverse teams win. There is a really great talk and great book by Frances Frei that I love. That says this even better than I can hear but I'll take a stab.IGNORE SUNK COSTS
It makes us want to adhere to a given direction, even in light of new contradictory evidence. However, when you have that new evidence you should listen to it. You should ignore those sunk costs. You should just agree that those costs, with a valuable learning to get to this current place and move forward with the new information.IDEALAB | CAREERS
Idealab creates ground-breaking companies whose products and services change the way people think, live and work.BE TRANSPARENT
BE TRANSPARENT I have found that transparency wins but it comes at a cost of extra care. By sharing more about your successes and failures internally, by being more open book about your finances and really about everything, you will have a team that can make better decisions and you can scale your organization beyond yourself.FIND GREAT TIMING
FIND GREAT TIMING. I found, when I looked back at the 150 companies we started over the years, that a much bigger factor in their success was the timing of the idea. Now, by definition, if you want to do something bold and new you are probably going to be early because you want to be ahead of your time. But you don't want to be too far aheadof
MAKE INVESTORS MONEY 0:00 / 1:32. Live. •. MAKE INVESTORS MONEY. One of the things I've learned is it's very important to make investors money as for more reasons than you might think. Of course, you want to be fair to your investors. Of course, you want to be able to work with people again in the future. But another thing I've learned, if you're really focusedFIND YOUR PURPOSE
FIND YOUR PURPOSE It’s very important to figure out what you are uniquely great at and where you have a special competitive advantage and where you have a special heart-driven desire. BE FRUGAL - 25-LESSONS.IDEALAB.COM BE FRUGAL. It is very important to take the money you have last as long as possible. You need to spend your money on your product and your customers. Saving money on your surroundings and all the things that don't drive product-market fit are the most valuable thing youcan do.
USE MOORE'S LAW
Number 14 : Use Moore's Law. YouTube. USE MOORE’S LAW. Exponential curves crush linear. Nothing has ever gone down as much in price or as fast as the cost of computing power and businesses that can smartly harness this effect will win. Look carefully at your business opportunity and see if there's some way to embed more computation inthan
BE PERSISTENT
BE PERSISTENT The emotional journey of creating anything great often comes with a dark swamp of despair in the middle. A chasm that you need to cross that feels uncrossable at times but understanding that that is there is very, very valuable. CULTURE EATS STRATEGY CULTURE EATS STRATEGY Peter Drucker had a famous quote in business that “Culture eats strategy for breakfast.” What does he mean by that? It means that you can have the best strategy in the world to take your company or your idea forward but if the culture of the company is different or distinct from what the strategy is, that'sgoing to win.
IGNORE DOWNTURNS
IGNORE DOWNTURNS Downturns are very frustrating times for entrepreneurs but there actually great times for entrepreneurship; 2001 after the dot com crash, 2009 after the Great Recession, they were actually great times to start companies.IDEALAB
Founded in 1996, Idealab is the longest running technology incubator. We have created over 150 companies with more than 45 IPOs and acquisitions. Great Ideas. Great Companies. We believe that entrepreneurship can unlock human potential and make the world a better place. We look for big problems in the world that have technology solutions and IDEALAB | ALL COMPANIES All Companies. Since 1996, Idealab has incubated and participated in over 150 companies in a variety of sectors such as consumer internet and mobile, cleantech, education, automation/robotics, blockchain, enterprise software, and networking. PUBLIC HEALTH REOPENING PROTOCOL OFFICE WORKSPACE Public Health Reopening Protocol Office Workspace May 27, 2020 5 Maintain records of each employee’s schedule and work area or assignment. Consider posting signs for the Disaster INTRODUCTION TO THE LESSONS Introduction to the lessons. 25 years of thanks and. 25 years of lessons learned. I started Idealab with a dream to make something like a modern version of Thomas Edison’s Lab where we could test ideas under one roof and then spin them off into separate companies. These companies would have their own management teams and their own equityBE TRANSPARENT
BE TRANSPARENT I have found that transparency wins but it comes at a cost of extra care. By sharing more about your successes and failures internally, by being more open book about your finances and really about everything, you will have a team that can make better decisions and you can scale your organization beyond yourself.FIND GREAT TIMING
FIND GREAT TIMING. I found, when I looked back at the 150 companies we started over the years, that a much bigger factor in their success was the timing of the idea. Now, by definition, if you want to do something bold and new you are probably going to be early because you want to be ahead of your time. But you don't want to be too far aheadof
BE REMARKABLE
BE REMARKABLE Be remarkable. This is my conclusion from a great quote by Jonathan Cohen which is, advertising is a “tax” on being unremarkable. You need to find a way to make your offering exceptional. You need to find a way to make your offering stand out.LEARN TO SAY NO
Live. •. SAY NO. This is very hard for an entrepreneur to do. And very hard for me to do. So, this is definitely one of those cases of “do as I say, not as I do”. Although I try really, really hard to do this. It's very important, maybe more important, to say no to things, and pay attention to that, than what you say yes to. And hereis why.
BE SUCCESS SENSITIVE BE SUCCESS SENSITIVE. Don't be dilution sensitive. This was a lesson that took me a very long time to learn but I really learned that the outcome of your company is so digital. You can build a great, big company or you can fail. There of course is in between’s.IGNORE SUNK COSTS
It makes us want to adhere to a given direction, even in light of new contradictory evidence. However, when you have that new evidence you should listen to it. You should ignore those sunk costs. You should just agree that those costs, with a valuable learning to get to this current place and move forward with the new information.IDEALAB
Founded in 1996, Idealab is the longest running technology incubator. We have created over 150 companies with more than 45 IPOs and acquisitions. Great Ideas. Great Companies. We believe that entrepreneurship can unlock human potential and make the world a better place. We look for big problems in the world that have technology solutions and IDEALAB | ALL COMPANIES All Companies. Since 1996, Idealab has incubated and participated in over 150 companies in a variety of sectors such as consumer internet and mobile, cleantech, education, automation/robotics, blockchain, enterprise software, and networking. PUBLIC HEALTH REOPENING PROTOCOL OFFICE WORKSPACE Public Health Reopening Protocol Office Workspace May 27, 2020 5 Maintain records of each employee’s schedule and work area or assignment. Consider posting signs for the Disaster INTRODUCTION TO THE LESSONS Introduction to the lessons. 25 years of thanks and. 25 years of lessons learned. I started Idealab with a dream to make something like a modern version of Thomas Edison’s Lab where we could test ideas under one roof and then spin them off into separate companies. These companies would have their own management teams and their own equityBE TRANSPARENT
BE TRANSPARENT I have found that transparency wins but it comes at a cost of extra care. By sharing more about your successes and failures internally, by being more open book about your finances and really about everything, you will have a team that can make better decisions and you can scale your organization beyond yourself.FIND GREAT TIMING
FIND GREAT TIMING. I found, when I looked back at the 150 companies we started over the years, that a much bigger factor in their success was the timing of the idea. Now, by definition, if you want to do something bold and new you are probably going to be early because you want to be ahead of your time. But you don't want to be too far aheadof
BE REMARKABLE
BE REMARKABLE Be remarkable. This is my conclusion from a great quote by Jonathan Cohen which is, advertising is a “tax” on being unremarkable. You need to find a way to make your offering exceptional. You need to find a way to make your offering stand out.LEARN TO SAY NO
Live. •. SAY NO. This is very hard for an entrepreneur to do. And very hard for me to do. So, this is definitely one of those cases of “do as I say, not as I do”. Although I try really, really hard to do this. It's very important, maybe more important, to say no to things, and pay attention to that, than what you say yes to. And hereis why.
BE SUCCESS SENSITIVE BE SUCCESS SENSITIVE. Don't be dilution sensitive. This was a lesson that took me a very long time to learn but I really learned that the outcome of your company is so digital. You can build a great, big company or you can fail. There of course is in between’s.IGNORE SUNK COSTS
It makes us want to adhere to a given direction, even in light of new contradictory evidence. However, when you have that new evidence you should listen to it. You should ignore those sunk costs. You should just agree that those costs, with a valuable learning to get to this current place and move forward with the new information. COVID-19 HEALTH AND SAFETY PLAN The best way to prevent illness is to avoid being exposed to this virus The virus is thought to spread mainly from person-to-person: • Between people who are in close contactIDEALAB
Bill Gross' TED Talk: The single biggest reason why startups succeed. Bill Gross researched data from hundreds of companies in addition to Idealab companies and ranked each company on five key factors. In this TED talk, he shares his finding on what he feels matters most forstartup success.
IDEALAB - BILL GROSS Bill Gross. Bill Gross founded Idealab in March 1996. Bill is a lifelong entrepreneur, starting his first solar business in high school. After graduating from the California Institute of Technology, Bill started GNP Development, Inc., which made a natural language product for Lotus 1-2-3 called HAL.LEARN TO SAY NO
Live. •. SAY NO. This is very hard for an entrepreneur to do. And very hard for me to do. So, this is definitely one of those cases of “do as I say, not as I do”. Although I try really, really hard to do this. It's very important, maybe more important, to say no to things, and pay attention to that, than what you say yes to. And hereis why.
BE TRANSPARENT
BE TRANSPARENT I have found that transparency wins but it comes at a cost of extra care. By sharing more about your successes and failures internally, by being more open book about your finances and really about everything, you will have a team that can make better decisions and you can scale your organization beyond yourself. BUILD A COMPLEMENTARY TEAM BUILD A COMPLEMENTARY TEAM. You need to have diversity of thought in your company. In addition to diversity of thought, diversity people, you need diversity of styles. You need people who look at the world in different ways and have different viewpoints from their outset. I learned this very late I was probably 35 years old before I learnedthis.
BE REMARKABLE
BE REMARKABLE Be remarkable. This is my conclusion from a great quote by Jonathan Cohen which is, advertising is a “tax” on being unremarkable. You need to find a way to make your offering exceptional. You need to find a way to make your offering stand out.FIND GREAT TIMING
FIND GREAT TIMING. I found, when I looked back at the 150 companies we started over the years, that a much bigger factor in their success was the timing of the idea. Now, by definition, if you want to do something bold and new you are probably going to be early because you want to be ahead of your time. But you don't want to be too far aheadof
BE FRUGAL - 25-LESSONS.IDEALAB.COM BE FRUGAL. It is very important to take the money you have last as long as possible. You need to spend your money on your product and your customers. Saving money on your surroundings and all the things that don't drive product-market fit are the most valuable thing youcan do.
IGNORE DOWNTURNS
IGNORE DOWNTURNS Downturns are very frustrating times for entrepreneurs but there actually great times for entrepreneurship; 2001 after the dot com crash, 2009 after the Great Recession, they were actually great times to start companies.IDEALAB
Founded in 1996, Idealab is the longest running technology incubator. We have created over 150 companies with more than 45 IPOs and acquisitions. Great Ideas. Great Companies. We believe that entrepreneurship can unlock human potential and make the world a better place. We look for big problems in the world that have technology solutions and IDEALAB | ALL COMPANIES All Companies. Since 1996, Idealab has incubated and participated in over 150 companies in a variety of sectors such as consumer internet and mobile, cleantech, education, automation/robotics, blockchain, enterprise software, and networking. PUBLIC HEALTH REOPENING PROTOCOL OFFICE WORKSPACE Public Health Reopening Protocol Office Workspace May 27, 2020 5 Maintain records of each employee’s schedule and work area or assignment. Consider posting signs for the Disaster INTRODUCTION TO THE LESSONS Introduction to the lessons. 25 years of thanks and. 25 years of lessons learned. I started Idealab with a dream to make something like a modern version of Thomas Edison’s Lab where we could test ideas under one roof and then spin them off into separate companies. These companies would have their own management teams and their own equityBE TRANSPARENT
BE TRANSPARENT I have found that transparency wins but it comes at a cost of extra care. By sharing more about your successes and failures internally, by being more open book about your finances and really about everything, you will have a team that can make better decisions and you can scale your organization beyond yourself.FIND GREAT TIMING
FIND GREAT TIMING. I found, when I looked back at the 150 companies we started over the years, that a much bigger factor in their success was the timing of the idea. Now, by definition, if you want to do something bold and new you are probably going to be early because you want to be ahead of your time. But you don't want to be too far aheadof
BE REMARKABLE
BE REMARKABLE Be remarkable. This is my conclusion from a great quote by Jonathan Cohen which is, advertising is a “tax” on being unremarkable. You need to find a way to make your offering exceptional. You need to find a way to make your offering stand out.LEARN TO SAY NO
Live. •. SAY NO. This is very hard for an entrepreneur to do. And very hard for me to do. So, this is definitely one of those cases of “do as I say, not as I do”. Although I try really, really hard to do this. It's very important, maybe more important, to say no to things, and pay attention to that, than what you say yes to. And hereis why.
BE SUCCESS SENSITIVE BE SUCCESS SENSITIVE. Don't be dilution sensitive. This was a lesson that took me a very long time to learn but I really learned that the outcome of your company is so digital. You can build a great, big company or you can fail. There of course is in between’s.IGNORE SUNK COSTS
It makes us want to adhere to a given direction, even in light of new contradictory evidence. However, when you have that new evidence you should listen to it. You should ignore those sunk costs. You should just agree that those costs, with a valuable learning to get to this current place and move forward with the new information.IDEALAB
Founded in 1996, Idealab is the longest running technology incubator. We have created over 150 companies with more than 45 IPOs and acquisitions. Great Ideas. Great Companies. We believe that entrepreneurship can unlock human potential and make the world a better place. We look for big problems in the world that have technology solutions and IDEALAB | ALL COMPANIES All Companies. Since 1996, Idealab has incubated and participated in over 150 companies in a variety of sectors such as consumer internet and mobile, cleantech, education, automation/robotics, blockchain, enterprise software, and networking. PUBLIC HEALTH REOPENING PROTOCOL OFFICE WORKSPACE Public Health Reopening Protocol Office Workspace May 27, 2020 5 Maintain records of each employee’s schedule and work area or assignment. Consider posting signs for the Disaster INTRODUCTION TO THE LESSONS Introduction to the lessons. 25 years of thanks and. 25 years of lessons learned. I started Idealab with a dream to make something like a modern version of Thomas Edison’s Lab where we could test ideas under one roof and then spin them off into separate companies. These companies would have their own management teams and their own equityBE TRANSPARENT
BE TRANSPARENT I have found that transparency wins but it comes at a cost of extra care. By sharing more about your successes and failures internally, by being more open book about your finances and really about everything, you will have a team that can make better decisions and you can scale your organization beyond yourself.FIND GREAT TIMING
FIND GREAT TIMING. I found, when I looked back at the 150 companies we started over the years, that a much bigger factor in their success was the timing of the idea. Now, by definition, if you want to do something bold and new you are probably going to be early because you want to be ahead of your time. But you don't want to be too far aheadof
BE REMARKABLE
BE REMARKABLE Be remarkable. This is my conclusion from a great quote by Jonathan Cohen which is, advertising is a “tax” on being unremarkable. You need to find a way to make your offering exceptional. You need to find a way to make your offering stand out.LEARN TO SAY NO
Live. •. SAY NO. This is very hard for an entrepreneur to do. And very hard for me to do. So, this is definitely one of those cases of “do as I say, not as I do”. Although I try really, really hard to do this. It's very important, maybe more important, to say no to things, and pay attention to that, than what you say yes to. And hereis why.
BE SUCCESS SENSITIVE BE SUCCESS SENSITIVE. Don't be dilution sensitive. This was a lesson that took me a very long time to learn but I really learned that the outcome of your company is so digital. You can build a great, big company or you can fail. There of course is in between’s.IGNORE SUNK COSTS
It makes us want to adhere to a given direction, even in light of new contradictory evidence. However, when you have that new evidence you should listen to it. You should ignore those sunk costs. You should just agree that those costs, with a valuable learning to get to this current place and move forward with the new information. COVID-19 HEALTH AND SAFETY PLAN The best way to prevent illness is to avoid being exposed to this virus The virus is thought to spread mainly from person-to-person: • Between people who are in close contactIDEALAB
Bill Gross' TED Talk: The single biggest reason why startups succeed. Bill Gross researched data from hundreds of companies in addition to Idealab companies and ranked each company on five key factors. In this TED talk, he shares his finding on what he feels matters most forstartup success.
IDEALAB - BILL GROSS Bill Gross. Bill Gross founded Idealab in March 1996. Bill is a lifelong entrepreneur, starting his first solar business in high school. After graduating from the California Institute of Technology, Bill started GNP Development, Inc., which made a natural language product for Lotus 1-2-3 called HAL.LEARN TO SAY NO
Live. •. SAY NO. This is very hard for an entrepreneur to do. And very hard for me to do. So, this is definitely one of those cases of “do as I say, not as I do”. Although I try really, really hard to do this. It's very important, maybe more important, to say no to things, and pay attention to that, than what you say yes to. And hereis why.
BE TRANSPARENT
BE TRANSPARENT I have found that transparency wins but it comes at a cost of extra care. By sharing more about your successes and failures internally, by being more open book about your finances and really about everything, you will have a team that can make better decisions and you can scale your organization beyond yourself. BUILD A COMPLEMENTARY TEAM BUILD A COMPLEMENTARY TEAM. You need to have diversity of thought in your company. In addition to diversity of thought, diversity people, you need diversity of styles. You need people who look at the world in different ways and have different viewpoints from their outset. I learned this very late I was probably 35 years old before I learnedthis.
BE REMARKABLE
BE REMARKABLE Be remarkable. This is my conclusion from a great quote by Jonathan Cohen which is, advertising is a “tax” on being unremarkable. You need to find a way to make your offering exceptional. You need to find a way to make your offering stand out.FIND GREAT TIMING
FIND GREAT TIMING. I found, when I looked back at the 150 companies we started over the years, that a much bigger factor in their success was the timing of the idea. Now, by definition, if you want to do something bold and new you are probably going to be early because you want to be ahead of your time. But you don't want to be too far aheadof
BE FRUGAL - 25-LESSONS.IDEALAB.COM BE FRUGAL. It is very important to take the money you have last as long as possible. You need to spend your money on your product and your customers. Saving money on your surroundings and all the things that don't drive product-market fit are the most valuable thing youcan do.
IGNORE DOWNTURNS
IGNORE DOWNTURNS Downturns are very frustrating times for entrepreneurs but there actually great times for entrepreneurship; 2001 after the dot com crash, 2009 after the Great Recession, they were actually great times to start companies. IDEALABALL COMPANIESPARKING Founded in 1996, Idealab is the longest running technology incubator. We have created over 150 companies with more than 45 IPOs and acquisitions. Great Ideas. Great Companies. We believe that entrepreneurship can unlock human potential and make the world a better place. We look for big problems in the world that have technology solutions and IDEALAB | ALL COMPANIES All Companies. Since 1996, Idealab has incubated and participated in over 150 companies in a variety of sectors such as consumer internet and mobile, cleantech, education, automation/robotics, blockchain, enterprise software, and networking. INTRODUCTION TO THE LESSONS Introduction to the lessons. 25 years of thanks and. 25 years of lessons learned. I started Idealab with a dream to make something like a modern version of Thomas Edison’s Lab where we could test ideas under one roof and then spin them off into separate companies. These companies would have their own management teams and their own equity MAKE INVESTORS MONEY 0:00 / 1:32. Live. •. MAKE INVESTORS MONEY. One of the things I've learned is it's very important to make investors money as for more reasons than you might think. Of course, you want to be fair to your investors. Of course, you want to be able to work with people again in the future. But another thing I've learned, if you're really focusedBE REMARKABLE
BE REMARKABLE Be remarkable. This is my conclusion from a great quote by Jonathan Cohen which is, advertising is a “tax” on being unremarkable. You need to find a way to make your offering exceptional. You need to find a way to make your offering stand out. BE FRUGAL - 25-LESSONS.IDEALAB.COM BE FRUGAL. It is very important to take the money you have last as long as possible. You need to spend your money on your product and your customers. Saving money on your surroundings and all the things that don't drive product-market fit are the most valuable thing youcan do.
BE PERSISTENT
BE PERSISTENT The emotional journey of creating anything great often comes with a dark swamp of despair in the middle. A chasm that you need to cross that feels uncrossable at times but understanding that that is there is very, very valuable. CHALLENGE THE STATUS QUO But I really feel that all truth passes through three stages. This is a great quote by Arthur Schopenhauer. He says first an idea is ridiculed, then it's violently opposed, and 3rd is accepted as being self-evident. When you first start out with your idea, if it is a bold new idea that challenges status quo, you could be ridiculed. You'reonly
HAVE LASER FOCUS
HAVE LASER FOCUS Focus is how you, as a startup, can take on a bigger competitor. You can have a narrow focus and outdo a competitor by specializing in one particular area.EMBRACE DIVERSITY
EMBRACE DIVERSITY Inclusive diverse teams win. There is a really great talk and great book by Frances Frei that I love. That says this even better than I can hear but I'll take a stab. IDEALABALL COMPANIESPARKING Founded in 1996, Idealab is the longest running technology incubator. We have created over 150 companies with more than 45 IPOs and acquisitions. Great Ideas. Great Companies. We believe that entrepreneurship can unlock human potential and make the world a better place. We look for big problems in the world that have technology solutions and IDEALAB | ALL COMPANIES All Companies. Since 1996, Idealab has incubated and participated in over 150 companies in a variety of sectors such as consumer internet and mobile, cleantech, education, automation/robotics, blockchain, enterprise software, and networking. INTRODUCTION TO THE LESSONS Introduction to the lessons. 25 years of thanks and. 25 years of lessons learned. I started Idealab with a dream to make something like a modern version of Thomas Edison’s Lab where we could test ideas under one roof and then spin them off into separate companies. These companies would have their own management teams and their own equity MAKE INVESTORS MONEY 0:00 / 1:32. Live. •. MAKE INVESTORS MONEY. One of the things I've learned is it's very important to make investors money as for more reasons than you might think. Of course, you want to be fair to your investors. Of course, you want to be able to work with people again in the future. But another thing I've learned, if you're really focusedBE REMARKABLE
BE REMARKABLE Be remarkable. This is my conclusion from a great quote by Jonathan Cohen which is, advertising is a “tax” on being unremarkable. You need to find a way to make your offering exceptional. You need to find a way to make your offering stand out. BE FRUGAL - 25-LESSONS.IDEALAB.COM BE FRUGAL. It is very important to take the money you have last as long as possible. You need to spend your money on your product and your customers. Saving money on your surroundings and all the things that don't drive product-market fit are the most valuable thing youcan do.
BE PERSISTENT
BE PERSISTENT The emotional journey of creating anything great often comes with a dark swamp of despair in the middle. A chasm that you need to cross that feels uncrossable at times but understanding that that is there is very, very valuable. CHALLENGE THE STATUS QUO But I really feel that all truth passes through three stages. This is a great quote by Arthur Schopenhauer. He says first an idea is ridiculed, then it's violently opposed, and 3rd is accepted as being self-evident. When you first start out with your idea, if it is a bold new idea that challenges status quo, you could be ridiculed. You'reonly
HAVE LASER FOCUS
HAVE LASER FOCUS Focus is how you, as a startup, can take on a bigger competitor. You can have a narrow focus and outdo a competitor by specializing in one particular area.EMBRACE DIVERSITY
EMBRACE DIVERSITY Inclusive diverse teams win. There is a really great talk and great book by Frances Frei that I love. That says this even better than I can hear but I'll take a stab.IDEALAB | CAREERS
Idealab creates ground-breaking companies whose products and services change the way people think, live and work.FIND GREAT TIMING
FIND GREAT TIMING. I found, when I looked back at the 150 companies we started over the years, that a much bigger factor in their success was the timing of the idea. Now, by definition, if you want to do something bold and new you are probably going to be early because you want to be ahead of your time. But you don't want to be too far aheadof
IDEALAB - BILL GROSS Bill Gross. Bill Gross founded Idealab in March 1996. Bill is a lifelong entrepreneur, starting his first solar business in high school. After graduating from the California Institute of Technology, Bill started GNP Development, Inc., which made a natural language product for Lotus 1-2-3 called HAL.BE REMARKABLE
BE REMARKABLE Be remarkable. This is my conclusion from a great quote by Jonathan Cohen which is, advertising is a “tax” on being unremarkable. You need to find a way to make your offering exceptional. You need to find a way to make your offering stand out.LEARN TO SAY NO
Live. •. SAY NO. This is very hard for an entrepreneur to do. And very hard for me to do. So, this is definitely one of those cases of “do as I say, not as I do”. Although I try really, really hard to do this. It's very important, maybe more important, to say no to things, and pay attention to that, than what you say yes to. And hereis why.
BUILD A COMPLEMENTARY TEAM BUILD A COMPLEMENTARY TEAM. You need to have diversity of thought in your company. In addition to diversity of thought, diversity people, you need diversity of styles. You need people who look at the world in different ways and have different viewpoints from their outset. I learned this very late I was probably 35 years old before I learnedthis.
BE SUCCESS SENSITIVE BE SUCCESS SENSITIVE. Don't be dilution sensitive. This was a lesson that took me a very long time to learn but I really learned that the outcome of your company is so digital. You can build a great, big company or you can fail. There of course is in between’s.BE TRANSPARENT
BE TRANSPARENT I have found that transparency wins but it comes at a cost of extra care. By sharing more about your successes and failures internally, by being more open book about your finances and really about everything, you will have a team that can make better decisions and you can scale your organization beyond yourself.USE MOORE'S LAW
Number 14 : Use Moore's Law. YouTube. USE MOORE’S LAW. Exponential curves crush linear. Nothing has ever gone down as much in price or as fast as the cost of computing power and businesses that can smartly harness this effect will win. Look carefully at your business opportunity and see if there's some way to embed more computation inthan
IGNORE SUNK COSTS
It makes us want to adhere to a given direction, even in light of new contradictory evidence. However, when you have that new evidence you should listen to it. You should ignore those sunk costs. You should just agree that those costs, with a valuable learning to get to this current place and move forward with the new information. IDEALABALL COMPANIESPARKING Founded in 1996, Idealab is the longest running technology incubator. We have created over 150 companies with more than 45 IPOs and acquisitions. Great Ideas. Great Companies. We believe that entrepreneurship can unlock human potential and make the world a better place. We look for big problems in the world that have technology solutions and IDEALAB | ALL COMPANIES All Companies. Since 1996, Idealab has incubated and participated in over 150 companies in a variety of sectors such as consumer internet and mobile, cleantech, education, automation/robotics, blockchain, enterprise software, and networking. INTRODUCTION TO THE LESSONS Introduction to the lessons. 25 years of thanks and. 25 years of lessons learned. I started Idealab with a dream to make something like a modern version of Thomas Edison’s Lab where we could test ideas under one roof and then spin them off into separate companies. These companies would have their own management teams and their own equity MAKE INVESTORS MONEY 0:00 / 1:32. Live. •. MAKE INVESTORS MONEY. One of the things I've learned is it's very important to make investors money as for more reasons than you might think. Of course, you want to be fair to your investors. Of course, you want to be able to work with people again in the future. But another thing I've learned, if you're really focusedBE REMARKABLE
BE REMARKABLE Be remarkable. This is my conclusion from a great quote by Jonathan Cohen which is, advertising is a “tax” on being unremarkable. You need to find a way to make your offering exceptional. You need to find a way to make your offering stand out. BE FRUGAL - 25-LESSONS.IDEALAB.COM BE FRUGAL. It is very important to take the money you have last as long as possible. You need to spend your money on your product and your customers. Saving money on your surroundings and all the things that don't drive product-market fit are the most valuable thing youcan do.
BE PERSISTENT
BE PERSISTENT The emotional journey of creating anything great often comes with a dark swamp of despair in the middle. A chasm that you need to cross that feels uncrossable at times but understanding that that is there is very, very valuable. CHALLENGE THE STATUS QUO But I really feel that all truth passes through three stages. This is a great quote by Arthur Schopenhauer. He says first an idea is ridiculed, then it's violently opposed, and 3rd is accepted as being self-evident. When you first start out with your idea, if it is a bold new idea that challenges status quo, you could be ridiculed. You'reonly
HAVE LASER FOCUS
HAVE LASER FOCUS Focus is how you, as a startup, can take on a bigger competitor. You can have a narrow focus and outdo a competitor by specializing in one particular area.EMBRACE DIVERSITY
EMBRACE DIVERSITY Inclusive diverse teams win. There is a really great talk and great book by Frances Frei that I love. That says this even better than I can hear but I'll take a stab. IDEALABALL COMPANIESPARKING Founded in 1996, Idealab is the longest running technology incubator. We have created over 150 companies with more than 45 IPOs and acquisitions. Great Ideas. Great Companies. We believe that entrepreneurship can unlock human potential and make the world a better place. We look for big problems in the world that have technology solutions and IDEALAB | ALL COMPANIES All Companies. Since 1996, Idealab has incubated and participated in over 150 companies in a variety of sectors such as consumer internet and mobile, cleantech, education, automation/robotics, blockchain, enterprise software, and networking. INTRODUCTION TO THE LESSONS Introduction to the lessons. 25 years of thanks and. 25 years of lessons learned. I started Idealab with a dream to make something like a modern version of Thomas Edison’s Lab where we could test ideas under one roof and then spin them off into separate companies. These companies would have their own management teams and their own equity MAKE INVESTORS MONEY 0:00 / 1:32. Live. •. MAKE INVESTORS MONEY. One of the things I've learned is it's very important to make investors money as for more reasons than you might think. Of course, you want to be fair to your investors. Of course, you want to be able to work with people again in the future. But another thing I've learned, if you're really focusedBE REMARKABLE
BE REMARKABLE Be remarkable. This is my conclusion from a great quote by Jonathan Cohen which is, advertising is a “tax” on being unremarkable. You need to find a way to make your offering exceptional. You need to find a way to make your offering stand out. BE FRUGAL - 25-LESSONS.IDEALAB.COM BE FRUGAL. It is very important to take the money you have last as long as possible. You need to spend your money on your product and your customers. Saving money on your surroundings and all the things that don't drive product-market fit are the most valuable thing youcan do.
BE PERSISTENT
BE PERSISTENT The emotional journey of creating anything great often comes with a dark swamp of despair in the middle. A chasm that you need to cross that feels uncrossable at times but understanding that that is there is very, very valuable. CHALLENGE THE STATUS QUO But I really feel that all truth passes through three stages. This is a great quote by Arthur Schopenhauer. He says first an idea is ridiculed, then it's violently opposed, and 3rd is accepted as being self-evident. When you first start out with your idea, if it is a bold new idea that challenges status quo, you could be ridiculed. You'reonly
HAVE LASER FOCUS
HAVE LASER FOCUS Focus is how you, as a startup, can take on a bigger competitor. You can have a narrow focus and outdo a competitor by specializing in one particular area.EMBRACE DIVERSITY
EMBRACE DIVERSITY Inclusive diverse teams win. There is a really great talk and great book by Frances Frei that I love. That says this even better than I can hear but I'll take a stab.IDEALAB | CAREERS
Idealab creates ground-breaking companies whose products and services change the way people think, live and work.FIND GREAT TIMING
FIND GREAT TIMING. I found, when I looked back at the 150 companies we started over the years, that a much bigger factor in their success was the timing of the idea. Now, by definition, if you want to do something bold and new you are probably going to be early because you want to be ahead of your time. But you don't want to be too far aheadof
IDEALAB - BILL GROSS Bill Gross. Bill Gross founded Idealab in March 1996. Bill is a lifelong entrepreneur, starting his first solar business in high school. After graduating from the California Institute of Technology, Bill started GNP Development, Inc., which made a natural language product for Lotus 1-2-3 called HAL.BE REMARKABLE
BE REMARKABLE Be remarkable. This is my conclusion from a great quote by Jonathan Cohen which is, advertising is a “tax” on being unremarkable. You need to find a way to make your offering exceptional. You need to find a way to make your offering stand out.LEARN TO SAY NO
Live. •. SAY NO. This is very hard for an entrepreneur to do. And very hard for me to do. So, this is definitely one of those cases of “do as I say, not as I do”. Although I try really, really hard to do this. It's very important, maybe more important, to say no to things, and pay attention to that, than what you say yes to. And hereis why.
BUILD A COMPLEMENTARY TEAM BUILD A COMPLEMENTARY TEAM. You need to have diversity of thought in your company. In addition to diversity of thought, diversity people, you need diversity of styles. You need people who look at the world in different ways and have different viewpoints from their outset. I learned this very late I was probably 35 years old before I learnedthis.
BE SUCCESS SENSITIVE BE SUCCESS SENSITIVE. Don't be dilution sensitive. This was a lesson that took me a very long time to learn but I really learned that the outcome of your company is so digital. You can build a great, big company or you can fail. There of course is in between’s.BE TRANSPARENT
BE TRANSPARENT I have found that transparency wins but it comes at a cost of extra care. By sharing more about your successes and failures internally, by being more open book about your finances and really about everything, you will have a team that can make better decisions and you can scale your organization beyond yourself.USE MOORE'S LAW
Number 14 : Use Moore's Law. YouTube. USE MOORE’S LAW. Exponential curves crush linear. Nothing has ever gone down as much in price or as fast as the cost of computing power and businesses that can smartly harness this effect will win. Look carefully at your business opportunity and see if there's some way to embed more computation inthan
IGNORE SUNK COSTS
It makes us want to adhere to a given direction, even in light of new contradictory evidence. However, when you have that new evidence you should listen to it. You should ignore those sunk costs. You should just agree that those costs, with a valuable learning to get to this current place and move forward with the new information. IDEALABALL COMPANIESPARKING Founded in 1996, Idealab is the longest running technology incubator. We have created over 150 companies with more than 45 IPOs and acquisitions. Great Ideas. Great Companies. We believe that entrepreneurship can unlock human potential and make the world a better place. We look for big problems in the world that have technology solutions and IDEALAB | ALL COMPANIES All Companies. Since 1996, Idealab has incubated and participated in over 150 companies in a variety of sectors such as consumer internet and mobile, cleantech, education, automation/robotics, blockchain, enterprise software, and networking. INTRODUCTION TO THE LESSONS Introduction to the lessons. 25 years of thanks and. 25 years of lessons learned. I started Idealab with a dream to make something like a modern version of Thomas Edison’s Lab where we could test ideas under one roof and then spin them off into separate companies. These companies would have their own management teams and their own equity MAKE INVESTORS MONEY 0:00 / 1:32. Live. •. MAKE INVESTORS MONEY. One of the things I've learned is it's very important to make investors money as for more reasons than you might think. Of course, you want to be fair to your investors. Of course, you want to be able to work with people again in the future. But another thing I've learned, if you're really focusedBE REMARKABLE
BE REMARKABLE Be remarkable. This is my conclusion from a great quote by Jonathan Cohen which is, advertising is a “tax” on being unremarkable. You need to find a way to make your offering exceptional. You need to find a way to make your offering stand out. BE FRUGAL - 25-LESSONS.IDEALAB.COM BE FRUGAL. It is very important to take the money you have last as long as possible. You need to spend your money on your product and your customers. Saving money on your surroundings and all the things that don't drive product-market fit are the most valuable thing youcan do.
BE PERSISTENT
BE PERSISTENT The emotional journey of creating anything great often comes with a dark swamp of despair in the middle. A chasm that you need to cross that feels uncrossable at times but understanding that that is there is very, very valuable. CHALLENGE THE STATUS QUO But I really feel that all truth passes through three stages. This is a great quote by Arthur Schopenhauer. He says first an idea is ridiculed, then it's violently opposed, and 3rd is accepted as being self-evident. When you first start out with your idea, if it is a bold new idea that challenges status quo, you could be ridiculed. You'reonly
HAVE LASER FOCUS
HAVE LASER FOCUS Focus is how you, as a startup, can take on a bigger competitor. You can have a narrow focus and outdo a competitor by specializing in one particular area.EMBRACE DIVERSITY
EMBRACE DIVERSITY Inclusive diverse teams win. There is a really great talk and great book by Frances Frei that I love. That says this even better than I can hear but I'll take a stab. IDEALABALL COMPANIESPARKING Founded in 1996, Idealab is the longest running technology incubator. We have created over 150 companies with more than 45 IPOs and acquisitions. Great Ideas. Great Companies. We believe that entrepreneurship can unlock human potential and make the world a better place. We look for big problems in the world that have technology solutions and IDEALAB | ALL COMPANIES All Companies. Since 1996, Idealab has incubated and participated in over 150 companies in a variety of sectors such as consumer internet and mobile, cleantech, education, automation/robotics, blockchain, enterprise software, and networking. INTRODUCTION TO THE LESSONS Introduction to the lessons. 25 years of thanks and. 25 years of lessons learned. I started Idealab with a dream to make something like a modern version of Thomas Edison’s Lab where we could test ideas under one roof and then spin them off into separate companies. These companies would have their own management teams and their own equity MAKE INVESTORS MONEY 0:00 / 1:32. Live. •. MAKE INVESTORS MONEY. One of the things I've learned is it's very important to make investors money as for more reasons than you might think. Of course, you want to be fair to your investors. Of course, you want to be able to work with people again in the future. But another thing I've learned, if you're really focusedBE REMARKABLE
BE REMARKABLE Be remarkable. This is my conclusion from a great quote by Jonathan Cohen which is, advertising is a “tax” on being unremarkable. You need to find a way to make your offering exceptional. You need to find a way to make your offering stand out. BE FRUGAL - 25-LESSONS.IDEALAB.COM BE FRUGAL. It is very important to take the money you have last as long as possible. You need to spend your money on your product and your customers. Saving money on your surroundings and all the things that don't drive product-market fit are the most valuable thing youcan do.
BE PERSISTENT
BE PERSISTENT The emotional journey of creating anything great often comes with a dark swamp of despair in the middle. A chasm that you need to cross that feels uncrossable at times but understanding that that is there is very, very valuable. CHALLENGE THE STATUS QUO But I really feel that all truth passes through three stages. This is a great quote by Arthur Schopenhauer. He says first an idea is ridiculed, then it's violently opposed, and 3rd is accepted as being self-evident. When you first start out with your idea, if it is a bold new idea that challenges status quo, you could be ridiculed. You'reonly
HAVE LASER FOCUS
HAVE LASER FOCUS Focus is how you, as a startup, can take on a bigger competitor. You can have a narrow focus and outdo a competitor by specializing in one particular area.EMBRACE DIVERSITY
EMBRACE DIVERSITY Inclusive diverse teams win. There is a really great talk and great book by Frances Frei that I love. That says this even better than I can hear but I'll take a stab.IDEALAB | CAREERS
Idealab creates ground-breaking companies whose products and services change the way people think, live and work.FIND GREAT TIMING
FIND GREAT TIMING. I found, when I looked back at the 150 companies we started over the years, that a much bigger factor in their success was the timing of the idea. Now, by definition, if you want to do something bold and new you are probably going to be early because you want to be ahead of your time. But you don't want to be too far aheadof
IDEALAB - BILL GROSS Bill Gross. Bill Gross founded Idealab in March 1996. Bill is a lifelong entrepreneur, starting his first solar business in high school. After graduating from the California Institute of Technology, Bill started GNP Development, Inc., which made a natural language product for Lotus 1-2-3 called HAL.BE REMARKABLE
BE REMARKABLE Be remarkable. This is my conclusion from a great quote by Jonathan Cohen which is, advertising is a “tax” on being unremarkable. You need to find a way to make your offering exceptional. You need to find a way to make your offering stand out.LEARN TO SAY NO
Live. •. SAY NO. This is very hard for an entrepreneur to do. And very hard for me to do. So, this is definitely one of those cases of “do as I say, not as I do”. Although I try really, really hard to do this. It's very important, maybe more important, to say no to things, and pay attention to that, than what you say yes to. And hereis why.
BUILD A COMPLEMENTARY TEAM BUILD A COMPLEMENTARY TEAM. You need to have diversity of thought in your company. In addition to diversity of thought, diversity people, you need diversity of styles. You need people who look at the world in different ways and have different viewpoints from their outset. I learned this very late I was probably 35 years old before I learnedthis.
BE SUCCESS SENSITIVE BE SUCCESS SENSITIVE. Don't be dilution sensitive. This was a lesson that took me a very long time to learn but I really learned that the outcome of your company is so digital. You can build a great, big company or you can fail. There of course is in between’s.BE TRANSPARENT
BE TRANSPARENT I have found that transparency wins but it comes at a cost of extra care. By sharing more about your successes and failures internally, by being more open book about your finances and really about everything, you will have a team that can make better decisions and you can scale your organization beyond yourself.USE MOORE'S LAW
Number 14 : Use Moore's Law. YouTube. USE MOORE’S LAW. Exponential curves crush linear. Nothing has ever gone down as much in price or as fast as the cost of computing power and businesses that can smartly harness this effect will win. Look carefully at your business opportunity and see if there's some way to embed more computation inthan
IGNORE SUNK COSTS
It makes us want to adhere to a given direction, even in light of new contradictory evidence. However, when you have that new evidence you should listen to it. You should ignore those sunk costs. You should just agree that those costs, with a valuable learning to get to this current place and move forward with the new information.IDEALAB
Founded in 1996, Idealab is the longest running technology incubator. We have created over 150 companies with more than 45 IPOs and acquisitions. Great Ideas. Great Companies. We believe that entrepreneurship can unlock human potential and make the world a better place. We look for big problems in the world that have technology solutions and IDEALAB | ALL COMPANIES All Companies. Since 1996, Idealab has incubated and participated in over 150 companies in a variety of sectors such as consumer internet and mobile, cleantech, education, automation/robotics, blockchain, enterprise software, and networking. PUBLIC HEALTH REOPENING PROTOCOL OFFICE WORKSPACE Public Health Reopening Protocol Office Workspace May 27, 2020 5 Maintain records of each employee’s schedule and work area or assignment. Consider posting signs for the Disaster IDEALAB - BILL GROSS Bill Gross. Bill Gross founded Idealab in March 1996. Bill is a lifelong entrepreneur, starting his first solar business in high school. After graduating from the California Institute of Technology, Bill started GNP Development, Inc., which made a natural language product for Lotus 1-2-3 called HAL. INTRODUCTION TO THE LESSONS Introduction to the lessons. 25 years of thanks and. 25 years of lessons learned. I started Idealab with a dream to make something like a modern version of Thomas Edison’s Lab where we could test ideas under one roof and then spin them off into separate companies. These companies would have their own management teams and their own equityBE TRANSPARENT
BE TRANSPARENT I have found that transparency wins but it comes at a cost of extra care. By sharing more about your successes and failures internally, by being more open book about your finances and really about everything, you will have a team that can make better decisions and you can scale your organization beyond yourself.LEARN TO SAY NO
Live. •. SAY NO. This is very hard for an entrepreneur to do. And very hard for me to do. So, this is definitely one of those cases of “do as I say, not as I do”. Although I try really, really hard to do this. It's very important, maybe more important, to say no to things, and pay attention to that, than what you say yes to. And hereis why.
BUILD A COMPLEMENTARY TEAM BUILD A COMPLEMENTARY TEAM. You need to have diversity of thought in your company. In addition to diversity of thought, diversity people, you need diversity of styles. You need people who look at the world in different ways and have different viewpoints from their outset. I learned this very late I was probably 35 years old before I learnedthis.
BE SUCCESS SENSITIVE BE SUCCESS SENSITIVE. Don't be dilution sensitive. This was a lesson that took me a very long time to learn but I really learned that the outcome of your company is so digital. You can build a great, big company or you can fail. There of course is in between’s.IGNORE SUNK COSTS
It makes us want to adhere to a given direction, even in light of new contradictory evidence. However, when you have that new evidence you should listen to it. You should ignore those sunk costs. You should just agree that those costs, with a valuable learning to get to this current place and move forward with the new information.IDEALAB
Founded in 1996, Idealab is the longest running technology incubator. We have created over 150 companies with more than 45 IPOs and acquisitions. Great Ideas. Great Companies. We believe that entrepreneurship can unlock human potential and make the world a better place. We look for big problems in the world that have technology solutions and IDEALAB | ALL COMPANIES All Companies. Since 1996, Idealab has incubated and participated in over 150 companies in a variety of sectors such as consumer internet and mobile, cleantech, education, automation/robotics, blockchain, enterprise software, and networking. PUBLIC HEALTH REOPENING PROTOCOL OFFICE WORKSPACE Public Health Reopening Protocol Office Workspace May 27, 2020 5 Maintain records of each employee’s schedule and work area or assignment. Consider posting signs for the Disaster IDEALAB - BILL GROSS Bill Gross. Bill Gross founded Idealab in March 1996. Bill is a lifelong entrepreneur, starting his first solar business in high school. After graduating from the California Institute of Technology, Bill started GNP Development, Inc., which made a natural language product for Lotus 1-2-3 called HAL. INTRODUCTION TO THE LESSONS Introduction to the lessons. 25 years of thanks and. 25 years of lessons learned. I started Idealab with a dream to make something like a modern version of Thomas Edison’s Lab where we could test ideas under one roof and then spin them off into separate companies. These companies would have their own management teams and their own equityBE TRANSPARENT
BE TRANSPARENT I have found that transparency wins but it comes at a cost of extra care. By sharing more about your successes and failures internally, by being more open book about your finances and really about everything, you will have a team that can make better decisions and you can scale your organization beyond yourself.LEARN TO SAY NO
Live. •. SAY NO. This is very hard for an entrepreneur to do. And very hard for me to do. So, this is definitely one of those cases of “do as I say, not as I do”. Although I try really, really hard to do this. It's very important, maybe more important, to say no to things, and pay attention to that, than what you say yes to. And hereis why.
BUILD A COMPLEMENTARY TEAM BUILD A COMPLEMENTARY TEAM. You need to have diversity of thought in your company. In addition to diversity of thought, diversity people, you need diversity of styles. You need people who look at the world in different ways and have different viewpoints from their outset. I learned this very late I was probably 35 years old before I learnedthis.
BE SUCCESS SENSITIVE BE SUCCESS SENSITIVE. Don't be dilution sensitive. This was a lesson that took me a very long time to learn but I really learned that the outcome of your company is so digital. You can build a great, big company or you can fail. There of course is in between’s.IGNORE SUNK COSTS
It makes us want to adhere to a given direction, even in light of new contradictory evidence. However, when you have that new evidence you should listen to it. You should ignore those sunk costs. You should just agree that those costs, with a valuable learning to get to this current place and move forward with the new information.IDEALAB | COVID 19
We are providing disposable cups for coffee and other drinks. We are committed to keeping the Idealab community informed on the evolving COVID-19 situation and to work together to keep each other safe and healthy. We will continue to post updates as this global public health issue unfolds. For the most recent information about COVID-19, you canIDEALAB | CAREERS
Idealab creates ground-breaking companies whose products and services change the way people think, live and work.LEARN TO SAY NO
Live. •. SAY NO. This is very hard for an entrepreneur to do. And very hard for me to do. So, this is definitely one of those cases of “do as I say, not as I do”. Although I try really, really hard to do this. It's very important, maybe more important, to say no to things, and pay attention to that, than what you say yes to. And hereis why.
IDEALAB - BILL GROSS Bill Gross. Bill Gross founded Idealab in March 1996. Bill is a lifelong entrepreneur, starting his first solar business in high school. After graduating from the California Institute of Technology, Bill started GNP Development, Inc., which made a natural language product for Lotus 1-2-3 called HAL. MAKE INVESTORS MONEY 0:00 / 1:32. Live. •. MAKE INVESTORS MONEY. One of the things I've learned is it's very important to make investors money as for more reasons than you might think. Of course, you want to be fair to your investors. Of course, you want to be able to work with people again in the future. But another thing I've learned, if you're really focusedFIND GREAT TIMING
FIND GREAT TIMING. I found, when I looked back at the 150 companies we started over the years, that a much bigger factor in their success was the timing of the idea. Now, by definition, if you want to do something bold and new you are probably going to be early because you want to be ahead of your time. But you don't want to be too far aheadof
BE REMARKABLE
BE REMARKABLE Be remarkable. This is my conclusion from a great quote by Jonathan Cohen which is, advertising is a “tax” on being unremarkable. You need to find a way to make your offering exceptional. You need to find a way to make your offering stand out.FIND YOUR PURPOSE
FIND YOUR PURPOSE It’s very important to figure out what you are uniquely great at and where you have a special competitive advantage and where you have a special heart-driven desire. CHALLENGE THE STATUS QUO But I really feel that all truth passes through three stages. This is a great quote by Arthur Schopenhauer. He says first an idea is ridiculed, then it's violently opposed, and 3rd is accepted as being self-evident. When you first start out with your idea, if it is a bold new idea that challenges status quo, you could be ridiculed. You'reonly
BE FRUGAL - 25-LESSONS.IDEALAB.COM BE FRUGAL. It is very important to take the money you have last as long as possible. You need to spend your money on your product and your customers. Saving money on your surroundings and all the things that don't drive product-market fit are the most valuable thing youcan do.
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About| Our Companies| Team| Careers| Contact Idealab Studio > FROM IDEAS TO SUCCESSFUL COMPANIES Founded in 1996, Idealab is the longest running technology incubator. We have created over 150 companies with more than 45 IPOs andacquisitions.
GREAT IDEAS. GREAT COMPANIES. We believe that entrepreneurship can unlock human potential and make the world a better place. We look for big problems in the world that have technology solutions and test many ideas in parallel. When one shows great promise, we recruit a great team, spin it off into a company, and help them grow a successful business. Innovator Bill Gross presents at VERGE 16 Ground-breaking solar technologies and why clean technology is a trillion dollar opportunity Idealab founder Bill Gross speaks at TED 2015 Bill's talk on the single biggest reason why startups succeed 2014 World Economic Forum in Davos, Switzerland Bill speaks about regulation designed to foster technology-drivengrowth
Bill kicks off Entrepreneurship Week at Stanford An informative and inspiring talk on innovation and starting companies Bill Gates' blog goes behind the scenes at Idealab A look at what it takes to bring ground-breaking companies to market OUR CURRENT COMPANIES See a full list of all our companies since 1996 > IPO AND M&A ACTIVITY IPO; Acquired by Yahoo! IPO; Acquired by IAC IPO; Acquired by Hellman & FriedmanAcquired by Google
Acquired by iRobot
IPO; Merged with Juno OnlineAcquired by Target
Merged with The KnotIPO
Acquired by VeriSignAcquired by Taboola
Acquired by PetSmart IPO; Acquired by Compaq Acquired by Datalogic Acquired by First SolarIPO
Acquired by CitySearch/IAC Acquired by Suntech Power Acquired by 3D Systems Acquired by ValueClick IPO; Acquired by eMachinesAcquired by eBay
Acquired by TNS
Acquired by Aruba NetworksAcquired by WebEx
Acquired by SolarReserve Acquired by NetShepardAcquired by Twilio
Acquired by Trapeze NetworksAcquired by AOL
Acquired by Kik
Acquired by Airbnb
Acquired by Yahoo!
Acquired by PlaceMark Acquired by Oversee.net Acquired by FilestackAcquired by GoDaddy
IPO
Acquired by HomerLearning, Inc.IPO
Acquired by Near Pte. Ltd.MANAGEMENT
Bill Gross
Chairman
Marcia Goodstein
Chief Executive Officerand President
Susan Aledort
General Counsel
Jason Atzert
Creative Director
Craig Chrisney
Chief Financial OfficerWes Ferrari
Vice President,
Information TechnologiesAlex Maleki
Managing Director
Stephanie Marquez
Director of FacilitiesTom McGovern
Managing Director
Yeran Melelian
Vice President, Human ResourcesBOARD OF DIRECTORS
Bill Gross
Marcia Goodstein
Robert Kavner
Renée LaBran
WE'RE HIRING
Successful companies start with a great idea, good business plan, and impeccable timing, but they also begin with an excellent team. See open positions >IDEALAB
130 W. Union Street
Pasadena, CA 91103
626-585-6900 phone
626-535-2701 fax
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If you have a question or comment regarding Idealab or one of our companies, please get in touch. Since we generate ideas internally, we do not accept submissions of business plans.get in touch
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