American - Businessman | October 7, 1982 -
I wanted a simple one-bedroom apartment that would impress people when they walked in but that was otherwise extremely comfortable and useful.
Michael Seibel
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Academically, I think things kicked off pretty late for me. I was kind of one of those kids who was in half honors, half regular. I was like a history/science kid, which was always weird. Around tenth grade or eleventh grade, everything started coming together.
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I had a basic plan for my life. The plan was - 20s: make money; 30s: have family; and 40s: run for something and do politics. When I retired, I wanted to be a teacher.
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The first thing I learned is that campaigns are about money. I had this romantic idea that campaigns were about law and debates and so forth, which is just not true. It's about money.
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It's very easy to do a fundraiser and spend a lot of money on food and venue and not raise any money. You really do need to twist people's arms into giving, even if they support you.
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I believe tech should be a core skill of a tech company.
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The best advice for a first time CEO is make sure you have built a strong technical founding team, and then launch!
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I think co-working spaces, incubators, and accelerators outside of the Bay Area do a lot to foster a local startup scene - which is really important for early founders, but I also think that exposure to the Bay Area is extremely valuable for startups.
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After reading the Elon Musk book and getting a Tesla - he is at the top of my list of inspiring founders.
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Investors like to hear that you're in a multi-billion dollar market.
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Convince the investor that you guys are moving fast and that this isn't some long slog... you're thinking about it like a startup where you can move fast and make mistakes.
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One thing I like to tell founders is the more you talk, the more you have an opportunity to say something that people don't like. Talk less, and it will probably be better.
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