iLab Scramble Talk | Rough Draft Ventures - Harvard Innovation Lab

•

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Talk for attendees of the Harvard Innovation Lab - Startup Scramble Oct 18 2013. Outlines trends in student startups in Boston, with a few findings & anecdotes from the perspective of Rough Draft Ventures (student-led partnership to back university entrepreneurs). Thanks to Stephen Douglass for organizing and Neal Doyle for hosting!

Tecnología Educación Empresariales

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

Peter

Class #2
Boyce II | @badboyboyce
September 10, 2013

Peter Boyce II
Investor, General Catalyst Partners
Co-founder, Rough Draft Ventures
Founding Director, HackHarvard & HCVP
Apprentice / Boston Director / Partnerships, Skillshare
Harvard College, Applied Math & CS ’13

What We’re Seeing
• Weekly
•

pitches | across all Boston schools | investing $1-25K

design-centric | mobile | tools | front-line (ex. bitcoin)
• University-focused

(you’re the target customer)

• eCommerce

& payments

• On-demand

convenience / service

• Career

/ recruiting / professional

• Disrupting

/ Displacing archaic industries: health, K-12

• Crowdfunding
• Hardware

& collaborative consumption

‘renaissance’

Then vs. Now
What’s changed on campus at Harvard? In Boston?

What It Takes To Be A Student Founder
• Team:

scaling & growth via talent

• Product-focused:
• Vision

for the road forward: milestones, timeline

• Always
•

idea --> validation, integrating feedback

be learning: product, people, reading, experiments

Questions to ask yourself:
• How

much time can I allocate to this?

• What

metrics / scenarios would lead me to....

• What

skills do I have? What skills do I need to develop?

• What’s

my unfair advantage? Secret-sauce?

Resources for Student Founders
• Locally:

Rough Draft Ventures, DRF, Intelligent.ly, GA

• Accelerators:

YC, DreamIt Ventures, Bolt, Techstars Boston

•

Space: Harvard iLab, Koa Labs, Workbar, CIC

•

University: hackathons, professors, competitions, dining hall!
•

Community & Online:
• Learning:

Blogs & Twitter, HackerNews, Skillshare, edX

• Events/Network:
• Stay

Scrambles!, unConference, CoFoundersLab

Informed: Greenhorn Connect // BostInno // VentureFizz

The Student Advantage

✓

.edu email address

✓

Lighter commitments

✓

Wide-open imagination

✓

‘Reality distortion’

✓

Customer / Learning / Network density

Joining a Startup
Team | Operational Experience | Responsibility | Risk Proﬁle | Learning

‘Come Together Like Voltron’

Reading
Relentlessly Resourceful - Paul Graham

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

Reading
How things get done - Sam Altman

http://blog.samaltman.com/how-things-get-donel

The Road Forward
•

At the Scramble this weekend:
• Make
• Take
• Get

• Sustain

new relationships

ideas & translate them into MVP’s / validation

out of your comfort zone: biz <-> product <-> tech

the momentum:

• Get

out into the Boston tech ecosystem

• Find

new online learning sources & at your university

• Identify

+ reach out to mentors & collaborators

Have an

Say hi:

epic

peter@roughdraft.vc

Scramble!

@badboyboyce
pboyce.com

(slide design inspiration by @jackrmcdermott)

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iLab Scramble Talk | Rough Draft Ventures - Harvard Innovation Lab

1. DIVING IN & STARTUP HUSTLE How to get your foot in the door. Peter Class #2 Boyce II | @badboyboyce September 10, 2013

2. Peter Boyce II Investor, General Catalyst Partners Co-founder, Rough Draft Ventures Founding Director, HackHarvard & HCVP Apprentice / Boston Director / Partnerships, Skillshare Harvard College, Applied Math & CS ’13

3. What We’re Seeing • Weekly • pitches | across all Boston schools | investing $1-25K design-centric | mobile | tools | front-line (ex. bitcoin) • University-focused (you’re the target customer) • eCommerce & payments • On-demand convenience / service • Career / recruiting / professional • Disrupting / Displacing archaic industries: health, K-12 • Crowdfunding • Hardware & collaborative consumption ‘renaissance’

4. Then vs. Now What’s changed on campus at Harvard? In Boston?

5. What It Takes To Be A Student Founder • Team: scaling & growth via talent • Product-focused: • Vision for the road forward: milestones, timeline • Always • idea --> validation, integrating feedback be learning: product, people, reading, experiments Questions to ask yourself: • How much time can I allocate to this? • What metrics / scenarios would lead me to.... • What skills do I have? What skills do I need to develop? • What’s my unfair advantage? Secret-sauce?

6. Resources for Student Founders • Locally: Rough Draft Ventures, DRF, Intelligent.ly, GA • Accelerators: YC, DreamIt Ventures, Bolt, Techstars Boston • Space: Harvard iLab, Koa Labs, Workbar, CIC • University: hackathons, professors, competitions, dining hall! • Community & Online: • Learning: Blogs & Twitter, HackerNews, Skillshare, edX • Events/Network: • Stay Scrambles!, unConference, CoFoundersLab Informed: Greenhorn Connect // BostInno // VentureFizz

7. The Student Advantage ✓ .edu email address ✓ Lighter commitments ✓ Wide-open imagination ✓ ‘Reality distortion’ ✓ Customer / Learning / Network density

9. Joining a Startup Team | Operational Experience | Responsibility | Risk Proﬁle | Learning ‘Come Together Like Voltron’

10. Reading Relentlessly Resourceful - Paul Graham http://www.paulgraham.com/relres.html

11. Reading How things get done - Sam Altman http://blog.samaltman.com/how-things-get-donel

12. The Road Forward • At the Scramble this weekend: • Make • Take • Get • Sustain new relationships ideas & translate them into MVP’s / validation out of your comfort zone: biz <-> product <-> tech the momentum: • Get out into the Boston tech ecosystem • Find new online learning sources & at your university • Identify + reach out to mentors & collaborators

13. Have an Say hi: epic peter@roughdraft.vc Scramble! @badboyboyce pboyce.com (slide design inspiration by @jackrmcdermott)

iLab Scramble Talk | Rough Draft Ventures - Harvard Innovation Lab

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