Mark Suster (Serial Entrepreneur) - Honest Advice on Starting a Company

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

🗓️ 13 October 2010

⏱️ 58 minutes

🔗️ Recording | iTunes | RSS

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Summary

Entrepreneurship is an emotional and economic roller coaster, says venture capitalist and serial entrepreneur Mark Suster. In this candid and informative lecture, Suster defies some of Silicon Valley's conventional wisdom. Based on his extensive experience with multiple companies, Suster shares his thoughts on the real day-to-day life of startups, smart ways to raise the right kind of funds, and offers honest advice in making your way as an entrepreneur.

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.
0:10.3	You can find podcasts and videos of these lectures online at eChorner.standford.edu.
0:18.6	It is my sincere pleasure to introduce our special guest today. We have Mark Suster.
0:23.6	And I want to tell you a little bit about him. He earned his BA in economics from University
0:27.6	of California of San Diego. He then went on and got his MBA from the University of Chicago.
0:32.6	He then spent 10 years as a consultant at Accenture, both in Europe, in Japan and the US.
0:39.3	And then he started his first company.
0:40.3	His first company was called Build Online, which is a large global content collaboration company.
0:45.3	That's very alliterative.
0:47.3	And it was focused on engineering construction sectors.
0:49.3	And then this company was sold.
0:51.3	He then started another company called Corral, which he then
0:55.3	sold to Salesforce.com, and worked at Salesforce for about a year,
0:59.3	and then left to join the VC firm, GRP Partners, which
1:03.9	is headquartered in LA.
1:05.4	His talk today is called Lessons on Starting a Company.
1:10.5	Without further ado, Mark.
1:11.6	Thank you very much.
1:17.6	I had originally titled my presentation,
1:22.6	irreverent or nonconformist lessons on starting a company.
1:26.6	Because I think most of my ideas, am I allowed to wander or for video purposes,
1:31.3	do I need to stay put?
	...

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