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Entrepreneurial Thought Leaders (ETL)

Mark Jung (IGN) - Phases of a 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

🗓️ 18 April 2007

⏱️ 54 minutes

🧾️ Download transcript

Summary

Mark Jung, former internet CEO and entrepreneur, discusses the personal and professional challenges in the five phases of a startup. Jung explores these phases, namely inception, growth, setback, rejuvenation and transition. He advises that the first stop is not the last stop, and an entrepreneur should continuously share confidence and faith with the organization while facing challenges.

Transcript

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0:00.0

You were listening to the Entrepreneurial Thought Leader series, 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.standford.edu.

0:19.8

We are certainly pleased, as I said, to have Mark here.

0:23.6

He is celebrating his 20th year from graduating from the Stanford Business School, so we welcome him back.

0:30.6

He doesn't look like he got out of business school 20 years ago.

0:33.6

He still looks like he did then.

0:35.6

But he's done a lot over the last 20 years,

0:37.8

as you can see from his bio. Probably, you know, most notably is the IGN entertainment effort

0:44.5

that he was involved in that was a whole bunch of properties, internet properties, one of which

0:49.8

I always enjoy, and I tell Mark is, thank you for you for rotten tomatoes. It saved me from bad movies

0:55.3

over and over again over the years. Thanks so much. But as you probably know, IGN was bought

1:00.7

by Fox a couple of years ago, if I've got that right, and he ended up being COO of all the

1:07.1

interactive properties of Fox, including Myspace. So he got to do that for a year.

1:11.6

He's now, though, just, well, let's find out what he's doing in a few minutes,

1:15.5

but he lives up here, and it's so nice of him to come over to campus

1:19.4

or come back to campus and share his wisdom with us.

1:22.4

So let's welcome Mark Jung.

1:28.3

Thank you, Tom. Thank you, Tom.

1:30.3

And thank you everyone in the audience for taking the time out of your day to come and join us today.

1:36.3

You know, I am truly honored to be on the list of potential guest speakers.

1:42.3

You know, I spent some time on the website at first just exploring and then listening and then it got

1:48.0

really late in the evening, but the collective wealth and wisdom of years of experience

...

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