Slideshare Founders Talk About Entrepreneurship

Jonathan Boutelle and Rashmi Sinha, founders of the presentation-sharing site SlideShare, describe the entrepreneurial process as a series of pivots. Boutelle explains it’s not just a jump, but an evolving growth of stages that leads to an idea that can start a business. From there, Sinha says that focused execution keeps the vision moving forward. By continually measuring the activity, they both believe that entrepreneurs can better recognize the growth stages of their company.

Here is the audio from eCorner Stanford Technology Venture Program (STVP) that SiliconAngle contributor Tina Seelig runs with Tom Byers.

Full link http://ecorner.stanford.edu/authorMaterialInfo.html?mid=2338

The lessons on doing a startup can be learned from Jon and Rashmi.  They launched the company in 2006 and formally incorporated in 2007.

Key to success: have a simple idea, articulate it clearly, make product easy to use and understand, and stay lean cost wise.   This is what Slideshare did:  keep costs low and get profitable fast, focus on the target audience (in this case their users) value.  Once you’re profitable stay focused on improving the product.

On the funding side they took angel investment l but they avoided venture capital until they were clearly established and profitable.  Jon points out that they tapped experts around silicon valley for equity not cash.  They shared the upside to get premium services and keep cash burn low.

About John Furrier

John Furrier is founder, co-CEO, and Editor-in-Chief of SiliconANGLE, a new media company covering the intersection of computer science and social science. Furrier is also the co-founder and CEO of CrowdChat a social media platform for large-scale group conversations over hashtags. In addition to SiliconANGLE John runs Broadband Developments a private incubator and investment firm for creating new startups. Furrier lives in Palo Alto, California with his wife and four children.