Andrew Frame (Ooma), Warren Packard (Thuuz) - Adventures of a Startup CEO: No Guts No Glory

Entrepreneurial Thought Leaders (ETL)

Stanford eCorner

Journey, Startups, Education, Stanford, Culture, Strategy, Stanford University, Entrepreneurship, Business, Life Lessons, Thought Leadership, Creativity, Etl, Challenges, Leadership, Innovation, Founders

4.4 • 739 Ratings

🗓️ 16 May 2007

⏱️ 55 minutes

🔗️ Recording | iTunes | RSS

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Summary

Warren Packard, Managing Director of Draper Fisher Jurvetson, and Andrew Frame, CEO of Ooma, present 10 lessons for building a successful start-up. They highlight the importance of dislocating large markets, active recruiting, organizational design, board construction, alignment of vision, managing mis-hires, building for scalability, product development, intellectual capital, and mentorship in establishing a lasting enterprise that adds value in the marketplace.

Transcript

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0:00.0	You are listening to the Entrepreneurial Thought Leader series,
0:05.0	brought to you weekly by the Stanford Technology Ventures Program.
0:10.0	You can find podcasts and video clips of these lectures online at edcorner.
0:15.0	Stanford.edu.
0:17.0	Welcome to the DFJ Entrepreneurial Thought Leaders Seminar Series.
0:23.6	I am Mike Rothenberg, the student director of the series.
0:26.6	The series is brought to you each week by the Stanford Technology Ventures Program
0:30.7	and the Business Association of Stanford Engineering Students.
0:34.2	It is shown on TV by SCPD and generously underwritten by Draper Fisher-Jervison.
0:40.3	Today we have the great honor of welcoming two fabulous guests, Warren Picard and Andrew Frame.
0:46.3	Warren is a partner at DFJ and a longtime friend of Stanford's. In fact, he has three degrees from Stanford, including a BS and MS in mechanical engineering
0:57.0	and an MBA from the Graduate School of Business here.
1:01.0	In addition, he is an engineer himself and a successful entrepreneur and has helped dozens more companies succeed.
1:08.0	Some of the highlights, his former investments have been acquired by Sun Microsystems,
1:12.1	Ask Jeeves, and Viacom, among others. And before that, he co-founded Engara Database Systems,
1:18.5	which was acquired by Personify. Today, Warren will be interviewing Andrew Frame, the CEO
1:24.0	of UMA, which is a DFJ investment.
1:28.3	Andrew has had an illustrious career himself.
1:33.3	By the age of 17, he was already working for Cisco Systems, and by the age of 18, he was
1:38.3	awarded with two CCIE certificates, which is Cisco's top technical honor, and was not only the youngest CCIE in the
1:45.6	world, but one of eight dual CCEs IEs in the world.
1:49.9	Andrew has worked at Procket Networks and Trapeze Networks and has since then founded
	...

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