Class 2: Diving In & Startup Hustle

Class #2September 10, 2013

DIVING IN & STARTUP HUSTLEHow to get your foot in the door.

Weekly Recap

• Highs & Lows of the week?

•Met another classmate for 20 minutes outside of class...

• What’s their story?

• What are they passionate about?

• What’s been their biggest challenge so far at Tufts?

• What resonated from the upcoming class’s readings?

Video #1

PBS - American Experience: Silicon Valley, Chapter 1

http://www.youtube.com/watch?v=LcOoQP7nhl4

Timeline: tech innovation through the years.

19551870

1924- International Business Machines (IBM)Acquired Tabulating Time Machine in 1911 and creates IBM in 1924

1870- Carnegie’s Steel MillsOpens dozens of factories, creates new method for refinement and shipping of steel

1885- Adding MachineBurroughs develops early version of machinery to process addition of numbers

1925- AT&T forms Bell LabsNY-based experimentation lab for communication and information technologies

1946- Venture Capital investing beginsFirst industry investments flow into new sector- Venrock & Sequoia formed (later, in 60s) as industry grows)

1939- Hewlett-Packard formedWith $500, out of a garage, and a coin flip to determine order of names

1953- Stanford Industrial ParkDesignated space for technology companies in Silicon Valley, with Varian, HP, Lockheed, GE, and more.

1942- Manhattan ProjectUS Government launches nuclear program, led by UC-Berkeley Physicist Oppenheimer

1927- German Inventions thriveGerman physicists/businessmen develop magnetic tape and (later, 1938) tape recorder

Timeline: tech innovation through the years.

20131955

1964- IBM’s OS & BASICIBM, which owns 81% market share, introduces Mainframe/OS. BASIC programming language created.

1957- Fairchild SemiconductorThe “Traitorous Eight” leave Shockley to form Fairchild, and radically transform the industry

1959- Texas Instruments - Integrated CircuitPatent formed for an integrated circuit, made of new material: Silicon.

1960’s- “Silicon Valley” coinedVarious news and promotional outlets coin a new term for the region full of technology companies

1991- World Wide WebTim Berners-Lee of CERN develops World Wide Web, opens for commercial usage and .COM emerges

1973- Motorola portable telephoneFirst of its kind, wireless “cellular” telephone debuts to commercial audiences

2013- Today2 billion Internet users - social media, mobile tech, cloud computing - 92% of OS come from Silicon Valley, USA

1978- Apple ComputerSteve Jobs & Steve Wosniak attempt to create a graphical UI for “personal computer” usage, seen as hobbyist.

1975- Microsoft Era beginsBill Gates and Paul Allen develop on BASIC for Altair computer. Beginning of OS/software an era.

Moore’s Law

Technology acceleration (and diminishing costs) over time

Moore’s Law today?

Hard drives, gigabytes & “Zuck’s Law”

Then vs. Now

What’s changed? Pop-culture/media depictions?

Peter Boyce IICo-founder, Rough Draft Ventures

Harvard College ’13

Reading #1

Relentlessly Resourceful - Paul Graham

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

Reading #2

My Favorite Entrepreneur Story In A Long Time

http://techcrunch.com/2013/04/21/my-favorite-entrepreneur-story-in-a-long-time/

Reading #3

Two Years Ago Today - Tristan Walker

http://justtristan.com/post/7696394458/two-years-ago-today

Reading #4

Interviewing: Come Bearing Gifts

http://schlafnotes.tumblr.com/post/7764173293

For next week.

•Meet another classmate for 20 minutes outside of class...

• What’s your story?

• What are you passionate about?

• What’s been your biggest challenge so far at Tufts?

• What resonated from the upcoming class’s readings?

• Read Twitter Case Study - 2 people selected for weekly “brief”

• Write 1 pg. double-spaced reflection on a topic of your choice.

BE GREAT. HAVE A GOOD WEEK.