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Entrepreneurial Thought Leaders (ETL)

Josh McFarland (Greylock Partners) - Answering Common Startup Questions

Entrepreneurial Thought Leaders (ETL)

Stanford eCorner

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

4.5740 Ratings

🗓️ 7 March 2018

⏱️ 58 minutes

🧾️ Download transcript

Summary

How do you know when it’s time to start a company? Or when to begin fundraising, and how much? And, as you grow, how do you recruit the best executives and build a culture centered on employees? Venture capitalist Josh McFarland of the firm Greylock Partners answers these questions and more through his experiences as founder and CEO of tech startup TellApart, which Twitter acquired for nearly half a billion dollars.

Transcript

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0:00.0

Stanford E. Corner presents the entrepreneurial thought leader series.

0:05.4

On today's episode, we have Josh McFarlane, a VC at Greylock Partners.

0:10.5

Josh is an experienced entrepreneur specializing in designing, building, and scaling technology-driven businesses.

0:17.4

Prior to his role of Greylock, he was a VP of product at Twitter.

0:21.4

Here's Josh.

0:26.6

In preparing for this talk, I sort of, I realized like how special this moment is for me.

0:34.8

And I went back through some old files and things, and I dug out a couple

0:39.6

of things that are particularly meaningful that I'll share with you. One is that it was 21 years ago

0:47.3

tomorrow that I applied to get into Stanford. And I know that because I found a letter that I wrote to the Dean of Admissions stated March 1st

0:57.8

97

0:59.0

Which implored him to consider me a second time for admission to Stanford so actually got into Stanford as a as a freshman straight out of high school, but couldn't afford

1:13.0

it.

1:14.0

So I came from relatively humble upbringing.

1:16.5

I mean, I had like incredibly smart, hardworking parents.

1:20.3

I grew up in a small town in Wyoming.

1:22.1

My dad was a coal miner.

1:23.2

My mom worked at a community college.

1:25.3

Before that, they ran a small carpet store in our town.

1:28.3

And when I got into Stanford, which was really the product of a lot of good advice that I had

1:33.3

had from my family and my grandparents, I realized too late that I couldn't actually afford

1:39.3

it.

1:40.3

So I wrote Stanford a letter and said, hey, I can't afford it, but I'll be back.

...

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