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Pro Excel Financial Modeling: Building Models for Technology Startups ,tonga library, what is open access in library, server ebook, what is vitalsource library
Slide 1: Lessons Learned Birthing and Building Web StartUps Mark Fletcher http://www.wingedpig.com
May 15, 2006
Slide 2: One Nerd, Two Startups
• •
Launched 1998 Acquired by Yahoo 2000 (as eGroups)
• •
Launched 2003 Acquired by Ask Jeeves 2005
Slide 3: Garage Philosophy
• • • • • Solve a Pain Point Have Passion for the Idea Be Cheap!! Release Early/Release Often (3 Month Rule) – Doesn’ t Have to be Perfect Involve Your Users
Slide 4: Garage Philosophy
• • • • • Moonlighting limits risk Friends/Family funds Free services = less pressure Hire a lawyer Outsource to eLance/Rent A Coder
Slide 5: Garage Marketing Philosophy
• • • • • Wonders of viral growth Users are all that matters PR is cheapest marketing you can do Don’ t worry about biz dev Pay attention to and leverage blogs
Slide 6: Design Philosophy
• Amy Jo Kim’ s presentation at Etech Putting the Fun in Functional: http://shufflebrain.com/etech06
Slide 7: On Raising Money
• • • • • • How Much? Raising Money Takes Time Friends and Family Angel VC Debt Financing
Slide 8: On Being A Sellout
• • • eGroups vs Bloglines Don’ t sell – be bought Investment Bankers
– – – What they are Finding/Interviewing them Negotiating with them
Slide 9: Software Choices
• • • Linux/Apache C/C++/bash/python DJB (http://cr.yp.to)
– – – qmail DJBDNS Daemontools
• • • • •
ClearSilver (http://www.clearsilver.net) Berkeley DB (http://www.sleepycat.com) Memcached Avoid NFS Avoid table-level locking in MySQL
Slide 10: Hardware Choices
• • • • • • • Dedicated servers vs. Buying/Hosting Design for cheap hardware eBay! APC PDUs for remote power cycling HP ProCurve Avoid Seagate Ultra-SCSI drives Good phone for SSH
Slide 11: Architecture Choices
• • • Copying files vs. Client/Server
– – – Bloglines News RSS Feed Subscriber counts Notifications
Calculate on the fly vs. Cache Memory vs. Disk
Slide 12: Storage Choices
• • • Relational DB vs. Flat Files RAID vs. Redundant
– – ONElist/eGroups with hardware RAID Bloglines without hardware RAID
Linux Software RAID 1
Slide 13: SysAdmin Choices
• • • • DNS round robin for web servers Hot back-ups for off-line processing Worry about cooling in the co-lo Avoid using swap
Slide 14: Avoid Making Stupid Bets…
Slide 15: Avoid Making Stupid Bets…
Slide 16: Questions?