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Entrepreneurial Thought Leaders (ETL)

Kevin Systrom and Mike Krieger (Instagram) - From Stanford to Startup

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

🗓️ 11 May 2011

⏱️ 57 minutes

🧾️ Download transcript

Summary

Instagram Co-Founders Kevin Systrom and Mike Krieger challenge many of the myths surrounding startups and the lives of entrepreneurs. Both former Mayfield Fellows with the Stanford Technology Ventures Program, Systrom and Krieger share their first-hand experiences of the entrepreneurial process, including identifying good problems to solve and the value in building simple solutions and minimum viable products. Systrom and Krieger also discuss aspects of their co-founder working relationship and their efforts to maintain a balance between work and life.

Transcript

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0:00.0

You are listening to the DFJ Entrepreneurial Thought Leaders series, brought you weekly by the Stanford Technology Ventures Program.

0:10.0

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

0:16.0

It is my sincere pleasure to introduce our two speakers today.

0:24.0

We have Mike Krieger and Kevin's sister, and I know them actually very, very well, because

0:29.9

both of them were Mayfield Fellows.

0:32.5

In fact, Mike was a Mayfield Fellow in 2007 and Kevin in 2005.

0:37.6

They took part in this nine-month work study program

0:42.2

that we do.

0:43.4

And essentially is an opportunity for students

0:47.0

to get a deep dive experience in entrepreneurship.

0:49.6

During the first quarter, it's classroom exercises

0:53.4

and a lot of case studies about different aspects

0:55.6

of entrepreneurship.

0:56.9

During the summer they work in startup companies, and in the fall they come back and each

1:01.3

present a case study about the company where they work that summer.

1:06.8

And the summer when Kevin was in the program, he worked at Odeo, which ended up becoming the precursor to Twitter.

1:13.1

And Mike worked at Fox Marks, which is now called, those who are called?

1:17.8

Xbox.

1:18.4

Okay, great.

1:19.7

So the two of them would not have known each other if it had not been for their experience in the Mayfield Fellows Program.

1:26.6

They have done amazing things since them.

1:29.7

Kevin worked at Google for a couple of years,

...

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