This Week in Startups E1051: The Power of Accelerators E2 Cameron Teitelman, Founder & Chairman of StartX on optimizing Stanford’s entrepreneurial landscape, thesis on peer-support groups’ correlation to founder success, why growth-stage founders join StartX & more!
Apr 29, 2020
Cameron Teitelman, Founder and Chairman of StartX, shares insights on optimizing Stanford’s entrepreneurial landscape. He discusses the unique selection process for StartX founders, emphasizing traits like humility and effective communication. Cameron dives into why growth-stage founders join StartX and the importance of peer support in driving success. He also critiques traditional demo days and highlights the evolution towards virtual formats, stressing the power of storytelling in securing investor interest. Insightful and engaging, the conversation illuminates the future of entrepreneurship.
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Episode notes
StartX Acceptance Rate
- StartX accepts a higher percentage of applicants (8%) than most accelerators (2%).
- This is because StartX leverages Stanford's existing selection process.
Stanford Student Strengths
- Stanford students, particularly in social apps, excel in design thinking and video.
- This is evident in successful companies like Instagram, Snapchat, Marco Polo, and Periscope.
Confidence vs. Arrogance
- Successful entrepreneurs possess confidence in their convictions but remain open to changing their assumptions based on logic.
- Avoid arrogance, which hinders learning and adaptation.
