Angel Invest Boston Chuck Eesley, Stanford's Startup Prof - Evidence-Based Investing
Oct 30, 2019
01:03:39
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Which Founding Teams Succeed? Are Founders Born or Made? Can Innovation Be Crowdsourced? How Many Jobs Do MIT & Stanford Add to the Economy? Blockchain for the Supply Chain? Chuck Eesley, Stanford's Startup Prof Addresses These Questions and More.
Highlights include:
- Introduction
- Professor Charles Eesley Bio
- The Traumatic Founding Experience
- Shivang Dave, PlenOptika & Entrepreneurs in Poor Countries
- How Chuck Eesley Ended Up at MIT Studying with Ed Roberts
- The Economic Impact of MIT & Stanford: Millions of Jobs Created & Trillions in Economic Activity
- “And the other big takeaway is that we had been looking at the impact of these universities in too narrow of a way previously.”
- Robust Finding: Larger Teams Do Better; Startups Tend to Have Teams that Are Too Small
- Chuck Gets a Great Idea for Research While Hiking with a Friend
- Cooperative vs. Competitive Commercialization
- “…, if the industry is high in the effectiveness of patent protection, and high in the importance of complementary assets ... you're motivated to go and talk to the big guys, because you need their complementary assets…”
- “…low effectiveness of patent protection, low importance of complementary assets, that's where you tend to get competitive commercialization…”
- “Are You Experienced, or Are You Talented?”
- Sal Talks About the Impact of Portfolio Company Concrete Sensors
- Evidence-based Entrepreneurship
- Blockchain to Make it Easier to Finance Supply Chains
- “And with that additional data, then we can also start to optimize more and more of the startup process, and do a better job of picking which ventures to invest in, and to devote resources towards.”
- The Value of Thrift in Life and in Entrepreneurship
- Chuck & Family Plan to Give Their Money to the Universities that Made Their Success Possible
- “So, I think it [thrift] is an underappreciated value. And definitely in Silicon Valley…”
- Early Google Investor David Cheriton Is a Role Model for Chuck
- Chuck’s Parting Thoughts: (1) Entrepreneurs Can Change Their Luck, (2) If Chuck’s Projects Interest You, Reach Out, and (3) Be Frugal in Life and in Entrepreneurship.