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LETS TALK ABOUT UNICORNS Because we’re a frickin’ startup after all…

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UNICORNS?

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“UNICORN”: A company worth (==valuation) over $1,000,000,000 YES. That’s $1B.

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1. 2.

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Today: ~$30M ARR in <2 years. More than 2M DAU.

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$900M ARR in 2015 $250M ARR in 2013 Over $1M rooms listed. More than Hilton or Marriott

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BUT I WANT TO TALK ABOUT SOMETHING ELSE

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NOT EXACTLY…

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LETS TALK ABOUT OVERNIGHT SUCCESS

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AIRBNB BOOKING GRAPH early days This is how (startups) death looks like

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and still, they needed $

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$30K quick revenues

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“Whenever someone tells me that they can't figure out how to raise the first $25,000 they need to get their company started I stand up, walk over to the cereal box, and tell this story. It is a story of pure unadulterated hustle. And I love it.”

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AIRBNB BOOKING GRAPH

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ALRIGHT, LETS TALK ABOUT Glitch

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Stewart Butterfield

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Raised $17M Worked on it for 3 Years (2009-2012) 45 employees

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FAILURE & PIVOT letting go 37/45 of the team :(

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Doing pretty well today, right?

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“OVERNIGHT SUCCESS” is bullshit

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BE HUMBLE J

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WORK TOGETHER :: Be helpful :: Push harder :: “Can do” builds momentum

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ALLOW YOURSELF TO BE DIFFERENT

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FORTERCORN h#ps://www.youtube.com/watch?v=8aRor905cCw Music please! May we all be part of a