Alexis Ohanian Keynote at 2010 Puerto Rico Venture Forum

Building Great Companies

fromBoth Sides

of the Equation

Alexis Ohanian

FOUNDE

RINVESTO

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reddit.comFO

UNDE

RINVESTO

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reddit.combreadpig.com

FOUNDE

RINVESTO

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reddit.combreadpig.com

Das Kapital Capital

FOUNDE

RINVESTO

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reddit.combreadpig.com

Das Kapital Capitalhipmunk.comFO

UNDE

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reddit.combreadpig.com

Das Kapital Capitalhipmunk.comY Combinator

FOUNDE

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Middle class

Middle classWhite

Middle classWhiteMale

Middle classWhiteMaleBorn in USA

Middle classWhiteMaleBorn in USASuburbs

Middle classWhiteMaleBorn in USASuburbsHappy childhood

Middle classWhiteMaleBorn in USASuburbsHappy childhood

Tall?

Middle classWhiteMaleBorn in USASuburbsHappy childhood

Tall?

EASY MODE

Internet = Opportunity

(cc) photo from abnelphoto.com

Diving in.

Steve

Steve

(NOT US)

Last month11,000,000uniques775,000,000pvs

Start!

WARNING

STEAL THIS IDEA

PEER PRESSURE FTW

http://www.paulgraham.com/siliconvalley.html

USD 2.6 billion

USD 2.6 billionUSD 21 billion

(cc) photo from WTL photos

Build Local

Total monthly costs

Total monthly costs1.Rent

Total monthly costs1.Rent2.Food/beer

Total monthly costs1.Rent2.Food/beer3.Servers/bandwidth

Total monthly costs1.Rent2.Food/beer3.Servers/bandwidth

$82,000 raised.

Build

Share

(cc) photo from Oquendo

What to seek

TractionRevenueCute mascot

TractionRevenueCute mascot

TractionRevenueCute mascot

TractionRevenueCute mascot

TractionRevenueCute mascot

Early adopters.

Early adopters.

no onewants to useyour website

My mom

only your momwants to useyour website

you needevangelists

Make something

people want

Make something people love

Give them a reason to talk

about it.

(cc) photo from Burned City

(cc) photo from Burned City

Questions?