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Entrepreneurial Thought Leaders (ETL)

Geoff Donaker (Yelp) - The Road to IPO

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

4.4739 Ratings

🗓️ 14 May 2014

⏱️ 60 minutes

🧾️ Download transcript

Summary

Yelp COO Geoff Donaker steps through the big questions and challenges faced in taking a company public. Donaker discusses working with bankers, developing a road show for investors, and many of the issues of pricing and timing faced by Yelp in the run up to their public offering in 2012.

Transcript

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0:00.0

You are listening to the DFJ Entrepreneurial Thought Leaders series,

0:07.0

brought you weekly by the Stanford Technology Ventures Program.

0:10.0

You can find podcasts and videos of these lectures online at eCORner.

0:15.0

.standford.edu.

0:17.0

It's my great pleasure tonight to introduce you to somebody that I've been stalking as a personal hero for a while because he's had a leisure role in two of my favorite companies.

0:28.6

One of them is eBay. Anybody shop on eBay? A few of us? Anybody sell on eBay? Anybody who sells? Oh, good. We've got going both ways.

0:39.3

And that certainly is something that's changed all of our lives.

0:43.3

And then there's Yelp. How would you know what to eat if you didn't have Yelp?

0:47.3

And I promised Jeff I wouldn't talk too long.

0:50.3

So we just, we're so happy that you're here with us tonight.

0:53.3

And we'd like to give you a very warm welcome. Come and join us. Thank you very much, Professor. And thanks everybody for having me here. It's fun to be back on campus. I was asked a couple times how often I'm here on campus,

1:11.3

and the answer is actually I never left. I was a student here, and I was thinking as I drove down

1:16.9

today, and it's quite hot out there. I was thinking about a time when I lived at school back when

1:24.0

we had to walk barefoot both ways in the snow. And I did live in a house

1:29.2

with no air conditioning. I don't know how common that still is, but it was really, really hot a

1:33.3

couple of days. And so they had the claw turned on, which I think they may not this year because

1:37.7

of the drought. So a couple of friends and I took beach chairs and sort of set up with a 12-pack

1:42.5

in the claw and just sort of hung out there

1:44.5

for the afternoon. We did this for a couple of days in a row and no one seemed to mind, so just

1:48.5

sort of sat there reading. I no longer do that, unfortunately, but I am still on campus

1:54.1

because I come here for sporting events and a variety of things. I actually take meetings

1:57.5

all the time at the Ariaga Alumni Center, which is an awesome facility.

...

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