How companies operate in Silicon Valley?

How companies operate in the silicon valley ...

Agenda … (sort of)● My background (linkedin.com/in/looja)● Disclaimers and Ground Rules● History● Ingredients● Venture financing● Scaling from startup to unicorns● Disruptive business models● Recent trends and paradigm shifts● Role of Product Management

Brief Bio

The Valley?

HistoryIn the beginning was the transistor ...Fairchild Semiconductor (William Shockley, Robert Noyce)Intel (Shockley, Noyce, Andy Grove )Hewlett Packard (Bill Hewlett and David Packard)SUN Microsystems (Bill Joy, Vinod Khosla), Cisco (Sandy Lerner, Bosack)Apple (Jobs and Wozniak)Netscape (Jim Clark, Marc Andressen)Yahoo (Yang and Filo), Google (Page and Brin), Facebook (Mark Zuckerberg)… and hundreds more!

IngredientsIntellectual Property - Education, People, Patents (?)

Culture - Flat org, informal, youth, burnout, anti-union, failure orientation

Financing - Appetite for risk, forward looking

How tech companies grow

How technologies mature ...

Venture Capital Firms

Financing and Venture Capital○ It all starts with an idea that moves through the growth process○ Typical Progression

■ Friends and Family + Angels■ Rounds A, B, C …■ IPO

○ How does it impact the company■ Smart money vs dumb money■ Expectations ...

Disruptive Business ModelsClayton Christiansen - The Innovators DilemmaDisk drives (14 inch, 8 inch, 5.25 …)Personal computer vs Supercomputers and Mainframes Are these disruptive or not?

BlogsDVDSmartphonesOnline Education

Recent Trends / Paradigm ShiftsMobile First, Mobile Only

The Coming of Age of Artificial Intelligence

Always Connected Smart Devices

The Shared Economy