SlideShare ist ein Scribd-Unternehmen logo
1 von 39
Downloaden Sie, um offline zu lesen
Humble Beginnings
V I TA L S I G N S   A Little Personal History




                                             © 2011 Sequoia Capital   2
 FOUNDERS
          IDEA
          TIMING


THINGS
                  © Play Bigger Advisors
NOW




© 2011 Sequoia Capital   4
THEN




       © 2011 Sequoia Capital   5
NOW




L AR R Y
P AG E




           © 2011 Sequoia Capital   6
THEN
1998




       L AR R Y      P AG E
       S E R G E Y     B R I N




                    1999         2004    TODAY
                  Series A        IPO   Market Cap
                   $7.5M         $27B    $194B
                                              © 2011 Sequoia Capital   7
NOW




J O H N
C H AM B E R S



    © 2011 Sequoia Capital   8
THEN
1987




       S AN D Y   L E R N E R
       L E N   B O S AC K


                    1987         1990    TODAY
                  Series A        IPO   Market Cap
                   $1.9M        $224M     $95B


                                              © 2011 Sequoia Capital   9
NOW




J E F F
W E I N E R



     © 2011 Sequoia Capital   10
THEN
2003




       R E I D   H O F F M AN




                     2003       2011    TODAY
                    Series A     IPO   Market Cap
                     $4M        $4B       $9B


                                             © 2011 Sequoia Capital   11
NOW




O M AR
H AM O U I
             © 2011 Sequoia Capital   12
THEN
2006




       O M AR   H AM O U I


                        2006       2010
                      Series A   Acquired
                       $3.3M      $750M



                                            © 2011 Sequoia Capital   13
PROPS TO PAUL, JESSICA & TEAM




                                P AU L
                                G R AH A M
                                J E S S I C A
                                L I V I N G S T O N




                                  © 2011 Sequoia Capital   14
THE
FOUNDERS
CODETM




          Misfits
   Failures Iterate
            Relentless
           Insight
         Focused
         Rebels
            Underdogs
         Unconventional
       Long-term
      Agility
                     © 2011 Sequoia Capital   15
THEY WERE ONCE IN YOUR SHOES




                               © 2011 Sequoia Capital   16
Idea
UNIQUE & COMPELLING




                      © 2011 Sequoia Capital   18
C R E AT I V E
TENSIONS


          Obvious     Unique or novel

Lots of competitors   Handful of niche players

      Easy to build   “Turing” award

 50% improvement      10X better

         Too Early    First Mover



                                    © 2011 Sequoia Capital
Timing
S&P DECLINE 1973 – 74 43%                                 1980 – 82 17%                                                   1987 30%

 1973              1975               1977           1979             1981               1983          1985                 1987
                   ATARI TANDEM              APPLE   AMCC        LINEAR TECH           ORACLE                               CISCO
                                                                   LSI LOGIC          SYMANTEC
                                                                     3COM                EA

    UPS AND DOWNS



             1990 15%                                                                                  1998 15%                        2000-02 44%

 1989                     1991                  1993                    1995                    1997                    1999
MICROCHIP                  ARBOR              FLEXTRONCIS              YAHOO!      REDBACK               PAYPAL                      GOOGLE
                        DOCUMENTUM               NVIDIA                NETAPP                          NETSCREEN                    RACKSPACE
                                                  INS




                                                                               2007 – 08 16%

 2001                         2003                   2005                       2007                   2009                                2011
            GREENDOT       ARUBA      SOURCEFIRE      YOUTUBE     ADMOB      DROPBOX                  UNITY          SQUARE
                            ISILON      ZAPPOS       PALO ALTO    FIREYE       JIVE                POCKETGEMS        TUMBLR
                          LINKED-IN                    KAYAK                                          BUMP           MONGO
                                                                                                     AIRBNB
                                                                                                                  © 2011 Sequoia Capital     21
INTERNET/MOBILE START-UP COSTS
                                                         DROPPED 90%



                         marketplace
$ STARTUP COSTS




                                                       App Store




                  2000                                                   2011
                                                              © 2011 Sequoia Capital   22
MOBILE OUTPACES PC, INTERNET RAMP
                1980                          1990                                2000                                   2010



     PCs
~7 years
 from 10
 to 100M   1976-78                   1987                 1994                                        2005
           Apple, Microsoft          10M                  100M                                        800M
           founded                   users                users                                       users




                               Internet
                              ~5 years
                               from 10
                               to 100M       1990        1993     1996        1998                    2005
                                             HTTP, web   10M      AOL flat-   100M                    1B
                                             browser     users    rate        users                   users
                                             invented             pricing




                                                                    Mobile
                                                                   Internet
                                                                  <4 years
                                                                   from 10               2002         2005         2007
                                                                   to 100M               First RIM    10M          iPhone
                                                                                         Blackberry   users
                                                                                         launched

                                                                                                              © 2011 Sequoia Capital   23
POST-PC RAMP TO 10 BILLION




                             © 2011 Sequoia Capital   24
THE WEB GRAVITATED TOWARDS
              FREE + AD SUPPORTED

                                                       Payment Ongoing
                                    Advertising   Training &            Premium        In App         Transaction
                             None    Lead-gen      Support             Subscription   Content            Based




                     Paid
Payment Upfront




                                                               SaaS
                                                                Web
                  Contract                                     2000s




                      Free




                                                                                                © 2011 Sequoia Capital   25
NEW AND DIVERSE MODELS ARE BEING EXPERIMENTED
                  WITH IN THE MOBILE ECONOMY TODAY

                                                  Payment Ongoing
                                    Advertising   Training &    Premium        In App         Transaction
                             None    Lead-gen      Support     Subscription   Content            Based




                     Paid
Payment Upfront




                  Contract




                      Free




                                                                                        © 2011 Sequoia Capital   26
…Great Causes
NOT THE REAL STORY




Top VC Firms Benefit From Wave of IPOs
Silicon Valley's technology boom is giving a lift to the venture-capital
industry. But many of the gains are being disproportionately reaped by
brand-name venture firms, which are benefiting from a wave of Internet IPOs
and the soaring valuations of closely held companies….


                                                               © 2011 Sequoia Capital
THE REAL STORY

MacArthur Foundation
International Justice




                                © 2011 Sequoia Capital
THE REAL STORY

Rockefeller Foundation
Community Safety and Survival




                                        © 2011 Sequoia Capital
THE REAL STORY

Sloan Kettering
Cancer Research and Treatment




                                        © 2011 Sequoia Capital
THE REAL STORY

Moore Foundation
Ecosystem Conservation




                                 © 2011 Sequoia Capital
THE REAL STORY

Wellcome Trust
Biomedical Research




                              © 2011 Sequoia Capital
THE REAL STORY

MIT
Student Scholarships




                               © 2011 Sequoia Capital
Alfred I Dupont Trust      MIT
Amherst College            Northwestern University
Barr Foundation            Norwich University
Boston College             Princeton University
Boston University          Rensselaer
Bowdoin College            Rw Johnson Foundation
Brown University           Rockefeller Foundation
Bush Foundation            Smithsonian Institution
Claremont McKenna          Stanford University
Colby College              The Ford Foundation        GREAT CAUSES
Columbia University        University Of Chicago
Cornell University         University Of Minnesota
Dartmouth College          University Of Notre Dame
Duke University            University Of Rochester
Georgia Tech Foundation    USC
Harvard University         Vanderbilt University
Hewlett Foundation         Washington University
James Irvine Foundation    Wellcome Trust
Johns Hopkins University   Wellesley College
Macarthur Foundation       Williams College
Moore Foundation

                                                            © 2011 Sequoia Capital   35
Q&A
goetz@sequoiacap.com
THEY WERE ONCE IN YOUR SHOES




                               © 2011 Sequoia Capital   37
JOIN US




          © 2011 Sequoia Capital   38
Thank You
Jim Goetz (goetz@sequoiacap.com)

Weitere ähnliche Inhalte

Was ist angesagt?

The Mind Of The Strategist
The Mind Of The StrategistThe Mind Of The Strategist
The Mind Of The StrategistSalil Deshmukh
 
Netflix - Strategy management
Netflix - Strategy managementNetflix - Strategy management
Netflix - Strategy managementMario Clement
 
Executive Assessment Report Sample, Gordon Curphy, PhD
Executive Assessment Report Sample, Gordon Curphy, PhDExecutive Assessment Report Sample, Gordon Curphy, PhD
Executive Assessment Report Sample, Gordon Curphy, PhDGordon (Gordy) Curphy, PhD
 
Team Baldwin - Project evaluation
Team Baldwin - Project evaluation   Team Baldwin - Project evaluation
Team Baldwin - Project evaluation Denisa Dobrin
 
Auto Dealership Pitch Deck
Auto Dealership Pitch Deck Auto Dealership Pitch Deck
Auto Dealership Pitch Deck Tony Guo
 
PDF Tesla FINAL Complete
PDF Tesla FINAL CompletePDF Tesla FINAL Complete
PDF Tesla FINAL CompleteChris Washburn
 
Two Stories About Strongly Sustainable Business Models
Two Stories About Strongly Sustainable Business ModelsTwo Stories About Strongly Sustainable Business Models
Two Stories About Strongly Sustainable Business ModelsAntony Upward
 
Toyota-Tesla merger presentation
Toyota-Tesla merger presentationToyota-Tesla merger presentation
Toyota-Tesla merger presentationnashy2k
 
Key performance indicators in professional service firms
Key performance indicators in professional service firmsKey performance indicators in professional service firms
Key performance indicators in professional service firmstransentis consulting
 
Idea generation & development for startups
Idea generation & development for startupsIdea generation & development for startups
Idea generation & development for startupsMalcolm Lewis
 
How Beyonce Disrupts The Music Industry
How Beyonce Disrupts The Music IndustryHow Beyonce Disrupts The Music Industry
How Beyonce Disrupts The Music IndustryPatrick Van der Pijl
 
Business Model Generation Value Proposition PowerPoint Presentation Slides
Business Model Generation Value Proposition PowerPoint Presentation SlidesBusiness Model Generation Value Proposition PowerPoint Presentation Slides
Business Model Generation Value Proposition PowerPoint Presentation SlidesSlideTeam
 
Build, Buy or Ally Growth Strategies for Business
Build, Buy or Ally Growth Strategies for BusinessBuild, Buy or Ally Growth Strategies for Business
Build, Buy or Ally Growth Strategies for BusinessCisco Canada
 
Business model navigator 55 business model patterns
Business model navigator  55 business model patternsBusiness model navigator  55 business model patterns
Business model navigator 55 business model patternsRatchakrit Klongpayabal
 

Was ist angesagt? (20)

The Mind Of The Strategist
The Mind Of The StrategistThe Mind Of The Strategist
The Mind Of The Strategist
 
Netflix - Strategy management
Netflix - Strategy managementNetflix - Strategy management
Netflix - Strategy management
 
Playing to Win
Playing to WinPlaying to Win
Playing to Win
 
Executive Assessment Report Sample, Gordon Curphy, PhD
Executive Assessment Report Sample, Gordon Curphy, PhDExecutive Assessment Report Sample, Gordon Curphy, PhD
Executive Assessment Report Sample, Gordon Curphy, PhD
 
Business Growth & Strategy
Business Growth & StrategyBusiness Growth & Strategy
Business Growth & Strategy
 
48 hours customer development
48 hours customer development48 hours customer development
48 hours customer development
 
Team Baldwin - Project evaluation
Team Baldwin - Project evaluation   Team Baldwin - Project evaluation
Team Baldwin - Project evaluation
 
SPOTIFY - Yulia Purnamasari
SPOTIFY - Yulia PurnamasariSPOTIFY - Yulia Purnamasari
SPOTIFY - Yulia Purnamasari
 
Auto Dealership Pitch Deck
Auto Dealership Pitch Deck Auto Dealership Pitch Deck
Auto Dealership Pitch Deck
 
PDF Tesla FINAL Complete
PDF Tesla FINAL CompletePDF Tesla FINAL Complete
PDF Tesla FINAL Complete
 
Two Stories About Strongly Sustainable Business Models
Two Stories About Strongly Sustainable Business ModelsTwo Stories About Strongly Sustainable Business Models
Two Stories About Strongly Sustainable Business Models
 
Toyota-Tesla merger presentation
Toyota-Tesla merger presentationToyota-Tesla merger presentation
Toyota-Tesla merger presentation
 
Tesla Motors & the US Car Industry
Tesla Motors & the US Car IndustryTesla Motors & the US Car Industry
Tesla Motors & the US Car Industry
 
Successful entrepreneurship 1
Successful entrepreneurship 1Successful entrepreneurship 1
Successful entrepreneurship 1
 
Key performance indicators in professional service firms
Key performance indicators in professional service firmsKey performance indicators in professional service firms
Key performance indicators in professional service firms
 
Idea generation & development for startups
Idea generation & development for startupsIdea generation & development for startups
Idea generation & development for startups
 
How Beyonce Disrupts The Music Industry
How Beyonce Disrupts The Music IndustryHow Beyonce Disrupts The Music Industry
How Beyonce Disrupts The Music Industry
 
Business Model Generation Value Proposition PowerPoint Presentation Slides
Business Model Generation Value Proposition PowerPoint Presentation SlidesBusiness Model Generation Value Proposition PowerPoint Presentation Slides
Business Model Generation Value Proposition PowerPoint Presentation Slides
 
Build, Buy or Ally Growth Strategies for Business
Build, Buy or Ally Growth Strategies for BusinessBuild, Buy or Ally Growth Strategies for Business
Build, Buy or Ally Growth Strategies for Business
 
Business model navigator 55 business model patterns
Business model navigator  55 business model patternsBusiness model navigator  55 business model patterns
Business model navigator 55 business model patterns
 

Andere mochten auch

Sequoia Capital: Roelof Botha at Stanford's E-Bootcamp 2011
Sequoia Capital: Roelof Botha at Stanford's E-Bootcamp 2011Sequoia Capital: Roelof Botha at Stanford's E-Bootcamp 2011
Sequoia Capital: Roelof Botha at Stanford's E-Bootcamp 2011Sequoia Capital
 
Better Software—Faster: Ten Best Practices from Sequoia's Microservices Summit
Better Software—Faster: Ten Best Practices from Sequoia's Microservices SummitBetter Software—Faster: Ten Best Practices from Sequoia's Microservices Summit
Better Software—Faster: Ten Best Practices from Sequoia's Microservices SummitSequoia Capital
 
Nimble storage investor_deck_public
Nimble storage investor_deck_publicNimble storage investor_deck_public
Nimble storage investor_deck_publicSequoia Capital
 
Monthly Report For Your Business
Monthly Report For Your BusinessMonthly Report For Your Business
Monthly Report For Your BusinessRyan McCready
 
Yearly Corporate Report 2017
Yearly Corporate Report 2017Yearly Corporate Report 2017
Yearly Corporate Report 2017Ryan McCready
 
The History of Athens
The History of AthensThe History of Athens
The History of AthensRyan McCready
 
CREATIVE & CO Presentation
CREATIVE & CO PresentationCREATIVE & CO Presentation
CREATIVE & CO PresentationRyan McCready
 
Learn BEM: CSS Naming Convention
Learn BEM: CSS Naming ConventionLearn BEM: CSS Naming Convention
Learn BEM: CSS Naming ConventionIn a Rocket
 
10 Color Banner Design Inspiration
10 Color Banner Design Inspiration10 Color Banner Design Inspiration
10 Color Banner Design InspirationBannersnack
 
How NOT to Run Your Company – Lessons Learned
How NOT to Run Your Company – Lessons LearnedHow NOT to Run Your Company – Lessons Learned
How NOT to Run Your Company – Lessons LearnedWeekdone.com
 
Tips from Calvin and Hobbes on how to be a good customer
Tips from Calvin and Hobbes on how to be a good customerTips from Calvin and Hobbes on how to be a good customer
Tips from Calvin and Hobbes on how to be a good customerFreshdesk Inc.
 
500 Demo Day Batch 19: Gluwa
500 Demo Day Batch 19: Gluwa500 Demo Day Batch 19: Gluwa
500 Demo Day Batch 19: Gluwa500 Startups
 
Lightning Talk #9: How UX and Data Storytelling Can Shape Policy by Mika Aldaba
Lightning Talk #9: How UX and Data Storytelling Can Shape Policy by Mika AldabaLightning Talk #9: How UX and Data Storytelling Can Shape Policy by Mika Aldaba
Lightning Talk #9: How UX and Data Storytelling Can Shape Policy by Mika Aldabaux singapore
 
Clickbait: A Guide To Writing Un-Ignorable Headlines
Clickbait: A Guide To Writing Un-Ignorable HeadlinesClickbait: A Guide To Writing Un-Ignorable Headlines
Clickbait: A Guide To Writing Un-Ignorable HeadlinesVenngage
 
Dispatches From The New Economy: The Five Faces Of The On-Demand Economy
Dispatches From The New Economy: The Five Faces Of The On-Demand EconomyDispatches From The New Economy: The Five Faces Of The On-Demand Economy
Dispatches From The New Economy: The Five Faces Of The On-Demand EconomyIntuit Inc.
 
How a Strong Brand Boosts B2B Demand
How a Strong Brand Boosts B2B DemandHow a Strong Brand Boosts B2B Demand
How a Strong Brand Boosts B2B DemandGYK Antler
 
10 Engagement Lessons Learned From 1 Million Survey Answers
10 Engagement Lessons Learned From 1 Million Survey Answers10 Engagement Lessons Learned From 1 Million Survey Answers
10 Engagement Lessons Learned From 1 Million Survey AnswersD B
 
Activism x Technology
Activism x TechnologyActivism x Technology
Activism x TechnologyWebVisions
 
Prototyping is an attitude
Prototyping is an attitudePrototyping is an attitude
Prototyping is an attitudeWith Company
 
Get Featured: So You Want to be on the Front Page of SlideShare?
Get Featured: So You Want to be on the Front Page of SlideShare?Get Featured: So You Want to be on the Front Page of SlideShare?
Get Featured: So You Want to be on the Front Page of SlideShare?Venngage
 

Andere mochten auch (20)

Sequoia Capital: Roelof Botha at Stanford's E-Bootcamp 2011
Sequoia Capital: Roelof Botha at Stanford's E-Bootcamp 2011Sequoia Capital: Roelof Botha at Stanford's E-Bootcamp 2011
Sequoia Capital: Roelof Botha at Stanford's E-Bootcamp 2011
 
Better Software—Faster: Ten Best Practices from Sequoia's Microservices Summit
Better Software—Faster: Ten Best Practices from Sequoia's Microservices SummitBetter Software—Faster: Ten Best Practices from Sequoia's Microservices Summit
Better Software—Faster: Ten Best Practices from Sequoia's Microservices Summit
 
Nimble storage investor_deck_public
Nimble storage investor_deck_publicNimble storage investor_deck_public
Nimble storage investor_deck_public
 
Monthly Report For Your Business
Monthly Report For Your BusinessMonthly Report For Your Business
Monthly Report For Your Business
 
Yearly Corporate Report 2017
Yearly Corporate Report 2017Yearly Corporate Report 2017
Yearly Corporate Report 2017
 
The History of Athens
The History of AthensThe History of Athens
The History of Athens
 
CREATIVE & CO Presentation
CREATIVE & CO PresentationCREATIVE & CO Presentation
CREATIVE & CO Presentation
 
Learn BEM: CSS Naming Convention
Learn BEM: CSS Naming ConventionLearn BEM: CSS Naming Convention
Learn BEM: CSS Naming Convention
 
10 Color Banner Design Inspiration
10 Color Banner Design Inspiration10 Color Banner Design Inspiration
10 Color Banner Design Inspiration
 
How NOT to Run Your Company – Lessons Learned
How NOT to Run Your Company – Lessons LearnedHow NOT to Run Your Company – Lessons Learned
How NOT to Run Your Company – Lessons Learned
 
Tips from Calvin and Hobbes on how to be a good customer
Tips from Calvin and Hobbes on how to be a good customerTips from Calvin and Hobbes on how to be a good customer
Tips from Calvin and Hobbes on how to be a good customer
 
500 Demo Day Batch 19: Gluwa
500 Demo Day Batch 19: Gluwa500 Demo Day Batch 19: Gluwa
500 Demo Day Batch 19: Gluwa
 
Lightning Talk #9: How UX and Data Storytelling Can Shape Policy by Mika Aldaba
Lightning Talk #9: How UX and Data Storytelling Can Shape Policy by Mika AldabaLightning Talk #9: How UX and Data Storytelling Can Shape Policy by Mika Aldaba
Lightning Talk #9: How UX and Data Storytelling Can Shape Policy by Mika Aldaba
 
Clickbait: A Guide To Writing Un-Ignorable Headlines
Clickbait: A Guide To Writing Un-Ignorable HeadlinesClickbait: A Guide To Writing Un-Ignorable Headlines
Clickbait: A Guide To Writing Un-Ignorable Headlines
 
Dispatches From The New Economy: The Five Faces Of The On-Demand Economy
Dispatches From The New Economy: The Five Faces Of The On-Demand EconomyDispatches From The New Economy: The Five Faces Of The On-Demand Economy
Dispatches From The New Economy: The Five Faces Of The On-Demand Economy
 
How a Strong Brand Boosts B2B Demand
How a Strong Brand Boosts B2B DemandHow a Strong Brand Boosts B2B Demand
How a Strong Brand Boosts B2B Demand
 
10 Engagement Lessons Learned From 1 Million Survey Answers
10 Engagement Lessons Learned From 1 Million Survey Answers10 Engagement Lessons Learned From 1 Million Survey Answers
10 Engagement Lessons Learned From 1 Million Survey Answers
 
Activism x Technology
Activism x TechnologyActivism x Technology
Activism x Technology
 
Prototyping is an attitude
Prototyping is an attitudePrototyping is an attitude
Prototyping is an attitude
 
Get Featured: So You Want to be on the Front Page of SlideShare?
Get Featured: So You Want to be on the Front Page of SlideShare?Get Featured: So You Want to be on the Front Page of SlideShare?
Get Featured: So You Want to be on the Front Page of SlideShare?
 

Ähnlich wie Sequoia Capital: Jim Goetz at Y Combinator's Startup School At Stanford

Marc Wilbur Pagunsan - my schoolmate in MMA
Marc Wilbur Pagunsan - my schoolmate in MMAMarc Wilbur Pagunsan - my schoolmate in MMA
Marc Wilbur Pagunsan - my schoolmate in MMAdhollz2012
 
Michael Goguen, Sequoia Capital: Think Big, Start Small
Michael Goguen, Sequoia Capital: Think Big, Start SmallMichael Goguen, Sequoia Capital: Think Big, Start Small
Michael Goguen, Sequoia Capital: Think Big, Start SmallDanuta Pysarenko
 
Vmobile presentation
Vmobile presentationVmobile presentation
Vmobile presentationfrancieruiz
 
ILOCANDIA LOADING STATION
ILOCANDIA LOADING STATIONILOCANDIA LOADING STATION
ILOCANDIA LOADING STATIONfrancieruiz
 
Mark_Zawacki_Amplify11
Mark_Zawacki_Amplify11Mark_Zawacki_Amplify11
Mark_Zawacki_Amplify11AmplifyFest
 
Saudi emc today presentation
Saudi emc today presentationSaudi emc today presentation
Saudi emc today presentationadityapuri
 
Vmobile Presentation
Vmobile PresentationVmobile Presentation
Vmobile Presentationbaditski08
 
Intrapreneurship at Alcatel-Lucent
Intrapreneurship at Alcatel-LucentIntrapreneurship at Alcatel-Lucent
Intrapreneurship at Alcatel-LucentJean-Yves Huwart
 
Maverick 2011 v2
Maverick 2011 v2Maverick 2011 v2
Maverick 2011 v2L4LPower
 
Les investissements chinois à l’étranger depuis 2010
Les investissements chinois à l’étranger depuis 2010Les investissements chinois à l’étranger depuis 2010
Les investissements chinois à l’étranger depuis 2010Jean-Michel Cedro
 
Roland harwood UK-IRC Summit 2011 Presentation
Roland harwood   UK-IRC Summit 2011 PresentationRoland harwood   UK-IRC Summit 2011 Presentation
Roland harwood UK-IRC Summit 2011 Presentation100%Open
 
Latest bom feb2011
Latest bom feb2011Latest bom feb2011
Latest bom feb2011francieruiz
 
Analyst call presentation on etsy workday quora july 18 2012
Analyst call presentation on etsy workday quora july 18 2012Analyst call presentation on etsy workday quora july 18 2012
Analyst call presentation on etsy workday quora july 18 2012Kris Tuttle
 
Webinar: Yankee Group's 2009 Predictions for the Anywhere Economy
Webinar: Yankee Group's 2009 Predictions for the Anywhere EconomyWebinar: Yankee Group's 2009 Predictions for the Anywhere Economy
Webinar: Yankee Group's 2009 Predictions for the Anywhere EconomyYankee Group
 

Ähnlich wie Sequoia Capital: Jim Goetz at Y Combinator's Startup School At Stanford (20)

20110824 android apps_uchiyama
20110824 android apps_uchiyama20110824 android apps_uchiyama
20110824 android apps_uchiyama
 
Marc Wilbur Pagunsan - my schoolmate in MMA
Marc Wilbur Pagunsan - my schoolmate in MMAMarc Wilbur Pagunsan - my schoolmate in MMA
Marc Wilbur Pagunsan - my schoolmate in MMA
 
Michael Goguen, Sequoia Capital: Think Big, Start Small
Michael Goguen, Sequoia Capital: Think Big, Start SmallMichael Goguen, Sequoia Capital: Think Big, Start Small
Michael Goguen, Sequoia Capital: Think Big, Start Small
 
BOM by Francie
BOM by FrancieBOM by Francie
BOM by Francie
 
Vmobile presentation
Vmobile presentationVmobile presentation
Vmobile presentation
 
ILOCANDIA LOADING STATION
ILOCANDIA LOADING STATIONILOCANDIA LOADING STATION
ILOCANDIA LOADING STATION
 
Aging consumers
Aging consumersAging consumers
Aging consumers
 
Mark_Zawacki_Amplify11
Mark_Zawacki_Amplify11Mark_Zawacki_Amplify11
Mark_Zawacki_Amplify11
 
Saudi emc today presentation
Saudi emc today presentationSaudi emc today presentation
Saudi emc today presentation
 
Publicis Investment
Publicis InvestmentPublicis Investment
Publicis Investment
 
Vmobile Presentation
Vmobile PresentationVmobile Presentation
Vmobile Presentation
 
Intrapreneurship at Alcatel-Lucent
Intrapreneurship at Alcatel-LucentIntrapreneurship at Alcatel-Lucent
Intrapreneurship at Alcatel-Lucent
 
Maverick 2011 v2
Maverick 2011 v2Maverick 2011 v2
Maverick 2011 v2
 
Les investissements chinois à l’étranger depuis 2010
Les investissements chinois à l’étranger depuis 2010Les investissements chinois à l’étranger depuis 2010
Les investissements chinois à l’étranger depuis 2010
 
Roland harwood UK-IRC Summit 2011 Presentation
Roland harwood   UK-IRC Summit 2011 PresentationRoland harwood   UK-IRC Summit 2011 Presentation
Roland harwood UK-IRC Summit 2011 Presentation
 
Apple
AppleApple
Apple
 
Latest bom feb2011
Latest bom feb2011Latest bom feb2011
Latest bom feb2011
 
Vmobile best networking
Vmobile best networkingVmobile best networking
Vmobile best networking
 
Analyst call presentation on etsy workday quora july 18 2012
Analyst call presentation on etsy workday quora july 18 2012Analyst call presentation on etsy workday quora july 18 2012
Analyst call presentation on etsy workday quora july 18 2012
 
Webinar: Yankee Group's 2009 Predictions for the Anywhere Economy
Webinar: Yankee Group's 2009 Predictions for the Anywhere EconomyWebinar: Yankee Group's 2009 Predictions for the Anywhere Economy
Webinar: Yankee Group's 2009 Predictions for the Anywhere Economy
 

Kürzlich hochgeladen

Do we need a new standard for visualizing the invisible?
Do we need a new standard for visualizing the invisible?Do we need a new standard for visualizing the invisible?
Do we need a new standard for visualizing the invisible?SANGHEE SHIN
 
Using IESVE for Loads, Sizing and Heat Pump Modeling to Achieve Decarbonization
Using IESVE for Loads, Sizing and Heat Pump Modeling to Achieve DecarbonizationUsing IESVE for Loads, Sizing and Heat Pump Modeling to Achieve Decarbonization
Using IESVE for Loads, Sizing and Heat Pump Modeling to Achieve DecarbonizationIES VE
 
UiPath Community: AI for UiPath Automation Developers
UiPath Community: AI for UiPath Automation DevelopersUiPath Community: AI for UiPath Automation Developers
UiPath Community: AI for UiPath Automation DevelopersUiPathCommunity
 
Meet the new FSP 3000 M-Flex800™
Meet the new FSP 3000 M-Flex800™Meet the new FSP 3000 M-Flex800™
Meet the new FSP 3000 M-Flex800™Adtran
 
Things you didn't know you can use in your Salesforce
Things you didn't know you can use in your SalesforceThings you didn't know you can use in your Salesforce
Things you didn't know you can use in your SalesforceMartin Humpolec
 
PicPay - GenAI Finance Assistant - ChatGPT for Customer Service
PicPay - GenAI Finance Assistant - ChatGPT for Customer ServicePicPay - GenAI Finance Assistant - ChatGPT for Customer Service
PicPay - GenAI Finance Assistant - ChatGPT for Customer ServiceRenan Moreira de Oliveira
 
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...Aggregage
 
IaC & GitOps in a Nutshell - a FridayInANuthshell Episode.pdf
IaC & GitOps in a Nutshell - a FridayInANuthshell Episode.pdfIaC & GitOps in a Nutshell - a FridayInANuthshell Episode.pdf
IaC & GitOps in a Nutshell - a FridayInANuthshell Episode.pdfDaniel Santiago Silva Capera
 
COMPUTER 10 Lesson 8 - Building a Website
COMPUTER 10 Lesson 8 - Building a WebsiteCOMPUTER 10 Lesson 8 - Building a Website
COMPUTER 10 Lesson 8 - Building a Websitedgelyza
 
Nanopower In Semiconductor Industry.pdf
Nanopower  In Semiconductor Industry.pdfNanopower  In Semiconductor Industry.pdf
Nanopower In Semiconductor Industry.pdfPedro Manuel
 
Cloud Revolution: Exploring the New Wave of Serverless Spatial Data
Cloud Revolution: Exploring the New Wave of Serverless Spatial DataCloud Revolution: Exploring the New Wave of Serverless Spatial Data
Cloud Revolution: Exploring the New Wave of Serverless Spatial DataSafe Software
 
Anypoint Code Builder , Google Pub sub connector and MuleSoft RPA
Anypoint Code Builder , Google Pub sub connector and MuleSoft RPAAnypoint Code Builder , Google Pub sub connector and MuleSoft RPA
Anypoint Code Builder , Google Pub sub connector and MuleSoft RPAshyamraj55
 
Introduction to Matsuo Laboratory (ENG).pptx
Introduction to Matsuo Laboratory (ENG).pptxIntroduction to Matsuo Laboratory (ENG).pptx
Introduction to Matsuo Laboratory (ENG).pptxMatsuo Lab
 
UiPath Platform: The Backend Engine Powering Your Automation - Session 1
UiPath Platform: The Backend Engine Powering Your Automation - Session 1UiPath Platform: The Backend Engine Powering Your Automation - Session 1
UiPath Platform: The Backend Engine Powering Your Automation - Session 1DianaGray10
 
RAG Patterns and Vector Search in Generative AI
RAG Patterns and Vector Search in Generative AIRAG Patterns and Vector Search in Generative AI
RAG Patterns and Vector Search in Generative AIUdaiappa Ramachandran
 
Designing A Time bound resource download URL
Designing A Time bound resource download URLDesigning A Time bound resource download URL
Designing A Time bound resource download URLRuncy Oommen
 
How to Effectively Monitor SD-WAN and SASE Environments with ThousandEyes
How to Effectively Monitor SD-WAN and SASE Environments with ThousandEyesHow to Effectively Monitor SD-WAN and SASE Environments with ThousandEyes
How to Effectively Monitor SD-WAN and SASE Environments with ThousandEyesThousandEyes
 
COMPUTER 10: Lesson 7 - File Storage and Online Collaboration
COMPUTER 10: Lesson 7 - File Storage and Online CollaborationCOMPUTER 10: Lesson 7 - File Storage and Online Collaboration
COMPUTER 10: Lesson 7 - File Storage and Online Collaborationbruanjhuli
 
Salesforce Miami User Group Event - 1st Quarter 2024
Salesforce Miami User Group Event - 1st Quarter 2024Salesforce Miami User Group Event - 1st Quarter 2024
Salesforce Miami User Group Event - 1st Quarter 2024SkyPlanner
 
Introduction to Quantum Computing
Introduction to Quantum ComputingIntroduction to Quantum Computing
Introduction to Quantum ComputingGDSC PJATK
 

Kürzlich hochgeladen (20)

Do we need a new standard for visualizing the invisible?
Do we need a new standard for visualizing the invisible?Do we need a new standard for visualizing the invisible?
Do we need a new standard for visualizing the invisible?
 
Using IESVE for Loads, Sizing and Heat Pump Modeling to Achieve Decarbonization
Using IESVE for Loads, Sizing and Heat Pump Modeling to Achieve DecarbonizationUsing IESVE for Loads, Sizing and Heat Pump Modeling to Achieve Decarbonization
Using IESVE for Loads, Sizing and Heat Pump Modeling to Achieve Decarbonization
 
UiPath Community: AI for UiPath Automation Developers
UiPath Community: AI for UiPath Automation DevelopersUiPath Community: AI for UiPath Automation Developers
UiPath Community: AI for UiPath Automation Developers
 
Meet the new FSP 3000 M-Flex800™
Meet the new FSP 3000 M-Flex800™Meet the new FSP 3000 M-Flex800™
Meet the new FSP 3000 M-Flex800™
 
Things you didn't know you can use in your Salesforce
Things you didn't know you can use in your SalesforceThings you didn't know you can use in your Salesforce
Things you didn't know you can use in your Salesforce
 
PicPay - GenAI Finance Assistant - ChatGPT for Customer Service
PicPay - GenAI Finance Assistant - ChatGPT for Customer ServicePicPay - GenAI Finance Assistant - ChatGPT for Customer Service
PicPay - GenAI Finance Assistant - ChatGPT for Customer Service
 
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
 
IaC & GitOps in a Nutshell - a FridayInANuthshell Episode.pdf
IaC & GitOps in a Nutshell - a FridayInANuthshell Episode.pdfIaC & GitOps in a Nutshell - a FridayInANuthshell Episode.pdf
IaC & GitOps in a Nutshell - a FridayInANuthshell Episode.pdf
 
COMPUTER 10 Lesson 8 - Building a Website
COMPUTER 10 Lesson 8 - Building a WebsiteCOMPUTER 10 Lesson 8 - Building a Website
COMPUTER 10 Lesson 8 - Building a Website
 
Nanopower In Semiconductor Industry.pdf
Nanopower  In Semiconductor Industry.pdfNanopower  In Semiconductor Industry.pdf
Nanopower In Semiconductor Industry.pdf
 
Cloud Revolution: Exploring the New Wave of Serverless Spatial Data
Cloud Revolution: Exploring the New Wave of Serverless Spatial DataCloud Revolution: Exploring the New Wave of Serverless Spatial Data
Cloud Revolution: Exploring the New Wave of Serverless Spatial Data
 
Anypoint Code Builder , Google Pub sub connector and MuleSoft RPA
Anypoint Code Builder , Google Pub sub connector and MuleSoft RPAAnypoint Code Builder , Google Pub sub connector and MuleSoft RPA
Anypoint Code Builder , Google Pub sub connector and MuleSoft RPA
 
Introduction to Matsuo Laboratory (ENG).pptx
Introduction to Matsuo Laboratory (ENG).pptxIntroduction to Matsuo Laboratory (ENG).pptx
Introduction to Matsuo Laboratory (ENG).pptx
 
UiPath Platform: The Backend Engine Powering Your Automation - Session 1
UiPath Platform: The Backend Engine Powering Your Automation - Session 1UiPath Platform: The Backend Engine Powering Your Automation - Session 1
UiPath Platform: The Backend Engine Powering Your Automation - Session 1
 
RAG Patterns and Vector Search in Generative AI
RAG Patterns and Vector Search in Generative AIRAG Patterns and Vector Search in Generative AI
RAG Patterns and Vector Search in Generative AI
 
Designing A Time bound resource download URL
Designing A Time bound resource download URLDesigning A Time bound resource download URL
Designing A Time bound resource download URL
 
How to Effectively Monitor SD-WAN and SASE Environments with ThousandEyes
How to Effectively Monitor SD-WAN and SASE Environments with ThousandEyesHow to Effectively Monitor SD-WAN and SASE Environments with ThousandEyes
How to Effectively Monitor SD-WAN and SASE Environments with ThousandEyes
 
COMPUTER 10: Lesson 7 - File Storage and Online Collaboration
COMPUTER 10: Lesson 7 - File Storage and Online CollaborationCOMPUTER 10: Lesson 7 - File Storage and Online Collaboration
COMPUTER 10: Lesson 7 - File Storage and Online Collaboration
 
Salesforce Miami User Group Event - 1st Quarter 2024
Salesforce Miami User Group Event - 1st Quarter 2024Salesforce Miami User Group Event - 1st Quarter 2024
Salesforce Miami User Group Event - 1st Quarter 2024
 
Introduction to Quantum Computing
Introduction to Quantum ComputingIntroduction to Quantum Computing
Introduction to Quantum Computing
 

Sequoia Capital: Jim Goetz at Y Combinator's Startup School At Stanford

  • 2. V I TA L S I G N S A Little Personal History © 2011 Sequoia Capital 2
  • 3.  FOUNDERS  IDEA  TIMING THINGS © Play Bigger Advisors
  • 5. THEN © 2011 Sequoia Capital 5
  • 6. NOW L AR R Y P AG E © 2011 Sequoia Capital 6
  • 7. THEN 1998 L AR R Y P AG E S E R G E Y B R I N 1999 2004 TODAY Series A IPO Market Cap $7.5M $27B $194B © 2011 Sequoia Capital 7
  • 8. NOW J O H N C H AM B E R S © 2011 Sequoia Capital 8
  • 9. THEN 1987 S AN D Y L E R N E R L E N B O S AC K 1987 1990 TODAY Series A IPO Market Cap $1.9M $224M $95B © 2011 Sequoia Capital 9
  • 10. NOW J E F F W E I N E R © 2011 Sequoia Capital 10
  • 11. THEN 2003 R E I D H O F F M AN 2003 2011 TODAY Series A IPO Market Cap $4M $4B $9B © 2011 Sequoia Capital 11
  • 12. NOW O M AR H AM O U I © 2011 Sequoia Capital 12
  • 13. THEN 2006 O M AR H AM O U I 2006 2010 Series A Acquired $3.3M $750M © 2011 Sequoia Capital 13
  • 14. PROPS TO PAUL, JESSICA & TEAM P AU L G R AH A M J E S S I C A L I V I N G S T O N © 2011 Sequoia Capital 14
  • 15. THE FOUNDERS CODETM Misfits Failures Iterate Relentless Insight Focused Rebels Underdogs Unconventional Long-term Agility © 2011 Sequoia Capital 15
  • 16. THEY WERE ONCE IN YOUR SHOES © 2011 Sequoia Capital 16
  • 17. Idea
  • 18. UNIQUE & COMPELLING © 2011 Sequoia Capital 18
  • 19. C R E AT I V E TENSIONS Obvious Unique or novel Lots of competitors Handful of niche players Easy to build “Turing” award 50% improvement 10X better Too Early First Mover © 2011 Sequoia Capital
  • 21. S&P DECLINE 1973 – 74 43% 1980 – 82 17% 1987 30% 1973 1975 1977 1979 1981 1983 1985 1987 ATARI TANDEM APPLE AMCC LINEAR TECH ORACLE CISCO LSI LOGIC SYMANTEC 3COM EA UPS AND DOWNS 1990 15% 1998 15% 2000-02 44% 1989 1991 1993 1995 1997 1999 MICROCHIP ARBOR FLEXTRONCIS YAHOO! REDBACK PAYPAL GOOGLE DOCUMENTUM NVIDIA NETAPP NETSCREEN RACKSPACE INS 2007 – 08 16% 2001 2003 2005 2007 2009 2011 GREENDOT ARUBA SOURCEFIRE YOUTUBE ADMOB DROPBOX UNITY SQUARE ISILON ZAPPOS PALO ALTO FIREYE JIVE POCKETGEMS TUMBLR LINKED-IN KAYAK BUMP MONGO AIRBNB © 2011 Sequoia Capital 21
  • 22. INTERNET/MOBILE START-UP COSTS DROPPED 90% marketplace $ STARTUP COSTS App Store 2000 2011 © 2011 Sequoia Capital 22
  • 23. MOBILE OUTPACES PC, INTERNET RAMP 1980 1990 2000 2010 PCs ~7 years from 10 to 100M 1976-78 1987 1994 2005 Apple, Microsoft 10M 100M 800M founded users users users Internet ~5 years from 10 to 100M 1990 1993 1996 1998 2005 HTTP, web 10M AOL flat- 100M 1B browser users rate users users invented pricing Mobile Internet <4 years from 10 2002 2005 2007 to 100M First RIM 10M iPhone Blackberry users launched © 2011 Sequoia Capital 23
  • 24. POST-PC RAMP TO 10 BILLION © 2011 Sequoia Capital 24
  • 25. THE WEB GRAVITATED TOWARDS FREE + AD SUPPORTED Payment Ongoing Advertising Training & Premium In App Transaction None Lead-gen Support Subscription Content Based Paid Payment Upfront SaaS Web Contract 2000s Free © 2011 Sequoia Capital 25
  • 26. NEW AND DIVERSE MODELS ARE BEING EXPERIMENTED WITH IN THE MOBILE ECONOMY TODAY Payment Ongoing Advertising Training & Premium In App Transaction None Lead-gen Support Subscription Content Based Paid Payment Upfront Contract Free © 2011 Sequoia Capital 26
  • 28. NOT THE REAL STORY Top VC Firms Benefit From Wave of IPOs Silicon Valley's technology boom is giving a lift to the venture-capital industry. But many of the gains are being disproportionately reaped by brand-name venture firms, which are benefiting from a wave of Internet IPOs and the soaring valuations of closely held companies…. © 2011 Sequoia Capital
  • 29. THE REAL STORY MacArthur Foundation International Justice © 2011 Sequoia Capital
  • 30. THE REAL STORY Rockefeller Foundation Community Safety and Survival © 2011 Sequoia Capital
  • 31. THE REAL STORY Sloan Kettering Cancer Research and Treatment © 2011 Sequoia Capital
  • 32. THE REAL STORY Moore Foundation Ecosystem Conservation © 2011 Sequoia Capital
  • 33. THE REAL STORY Wellcome Trust Biomedical Research © 2011 Sequoia Capital
  • 34. THE REAL STORY MIT Student Scholarships © 2011 Sequoia Capital
  • 35. Alfred I Dupont Trust MIT Amherst College Northwestern University Barr Foundation Norwich University Boston College Princeton University Boston University Rensselaer Bowdoin College Rw Johnson Foundation Brown University Rockefeller Foundation Bush Foundation Smithsonian Institution Claremont McKenna Stanford University Colby College The Ford Foundation GREAT CAUSES Columbia University University Of Chicago Cornell University University Of Minnesota Dartmouth College University Of Notre Dame Duke University University Of Rochester Georgia Tech Foundation USC Harvard University Vanderbilt University Hewlett Foundation Washington University James Irvine Foundation Wellcome Trust Johns Hopkins University Wellesley College Macarthur Foundation Williams College Moore Foundation © 2011 Sequoia Capital 35
  • 37. THEY WERE ONCE IN YOUR SHOES © 2011 Sequoia Capital 37
  • 38. JOIN US © 2011 Sequoia Capital 38
  • 39. Thank You Jim Goetz (goetz@sequoiacap.com)