Amazing..Airbnb is quite the story. When I attended the Startup School 2016 in the valley, I was determined to stay in Airbnb shared room and ride Uber shared. It was the most amazing experience I've ever had; the people I met as house mates were world-class, smart, enthusiastic travelers, and I would not give up that experience for anything - even a 5 Star hotel. Frugality as a driver of creativity is amazing; it is the mother of invention!
Outstanding lecture. Brian is a dynamic speaker who is a true advocate of the company he's founded. I agree with Paul Graham's advice that you want "100 people love you versus 1000 people sort of care about you and your product/service". You can think about scaling after you have a core group of passionate fans on board. #startup #airbnb #culture
Wow, completely mind blown! I wish the lecture had been longer! Brain is obviously a very intelligent person and could talk a lot more than just the "culture".
In Professor Lin’s opinion, culture can be defined as--member of the team in pursuit of a company’s--. It’s all about how you fill in the blanks. Assumptions, beliefs, and values fill in the first blank, and an action fills in the second blank. I really liked his approach towards this. “Your beliefs become your thoughts. Your thoughts become your words. Your words become your actions. Your actions become the habits. Your habits become your values. And your values become your destiny” said Gandhi. This provides you with “stability to fall back on” because “it becomes a way to align people on values that matter to the company,” explains Lin.
this is a great lecture on culture equivalent to a diamond advice for new beginners which they often dont think about till they raise and are on fire to hire their employees
Fourth. This video contains some excellent advice, but enough already with the "every one thought it was a crazy idea . . . no one would ever stay in some one's home" mythmaking. I've heard this myth repeated from two prominent presenters during these lectures, and I have to call BS. Couchsurfing was founded as a nonprofit in 2003 and was a recognized phenomenon worldwide when Airbnb got started. Couchsurfing's early success was an existence proof of the market demand for this marketplace play. It took some exceptional, driven people to see that opportunity and turn it into a billion dollar company, and they deserve tremendous credit for it, but let's not continue with this "it was a crazy idea that nobody but us saw" myth.
Wrong. Couchsurfing was not a commercial success during the founding of Airbnb. To start a for profit company on this idea WAS seen as crazy at the time, as evidenced by all the negative reactions Airbnb got from investors. Your hindsight bias enables you to say this now, but in a world where hotels are as common as dirt, it was a hard sell.
I agree, culture is for long term companies.. Culture is one of the main supports of a startup. Crisis may come in early days and culture will always be there to support you. I believe it is a must have investment, and you´ll just know once you achieve to build one.
Statement below hit me like a brick. "CEO has 3 jobs: Communicating vision, creating strategy and hiring Best folks to execute that strategy." If you are struggling with your #startup then one of the above 3 needs to be improved. What else did you find interesting in this video?
***** CrisIsOnYT My favorite is "we are missionary and they were mercenary" and "The best revenge against internet clone is just to make them run long term. You have the baby, now you have to raise it"
Question: how do you select which user to make love your product? With different first user, the product may end up being "shaped" totally different. Should I listen to my guts as well which user should be the first one to love the product?
Does anyone else, feel exhausted listening to Brian Chesky. He has the energy needed to be a great founder and has all the treats you would expect. I enjoyed listening to how they did things, but realised that i was worn out after it. I think i know why now, take this quote from the video. think this is linked to making a service perfect for a person, but he does set up up with two posssible in roads... " and I will give you one example of this before i stop talking about this, right now on Air B and B you can, if you put your home on Air B & B you can click a button, and a profess, kind of works like Uber, and we did it before Uber, professional photographer, comes to your house and they will photograph your homes for free, we have 5000 photographers around the world and we photograph 100,000 of homes so it probably one of the largest one demand photography networks if there was such a thing, it probably the only one, but erm in the world. and that started with joe and I, we were living with, not living with staying with this one host in new york city." All in 31 seconds! so fast and the core theme is dropped and the picked back up multiple times. That's why i think i was exhausted after listening intently.
I'll share this video with my colleagues but that "unlisted" thing bugs me. Why did you guys make it unlisted? Edit: I think I understand it. The other courses are listed but not this. This is because there are some oaths in it.
Very strange to watch this as Brian has just had to make the decision to lay off 25% of the company during the pandemic. With the early focus on Culture, I'm confident they will endure.
Don't you think we are in for a free ride, Stanford University Mangement team. Some of us who are keenly watching videos from this course, if we could make it big you all will be the first one to be paid for uploading this course for free, that too in such a time when most of us coundn't afford it, if it was not for free.
15 year me learning about big companies from 12 years
so far this series is the best
Thanks a lot
It is amazing if you think Stanford could share this to the public
Amazing..Airbnb is quite the story. When I attended the Startup School 2016 in the valley, I was determined to stay in Airbnb shared room and ride Uber shared. It was the most amazing experience I've ever had; the people I met as house mates were world-class, smart, enthusiastic travelers, and I would not give up that experience for anything - even a 5 Star hotel. Frugality as a driver of creativity is amazing; it is the mother of invention!
This is price and you can literally feel that passion from Bryan, thank you!
I wish every entrepreneur had the same missionary values in his/her mind
Outstanding lecture. Brian is a dynamic speaker who is a true advocate of the company he's founded. I agree with Paul Graham's advice that you want "100 people love you versus 1000 people sort of care about you and your product/service". You can think about scaling after you have a core group of passionate fans on board. #startup #airbnb #culture
Irina Jordan סתסצבצמבבצבע
41:55 Paul Graham Quote " Its better to have 100 people that love you then a million who dont care."
Wow, completely mind blown! I wish the lecture had been longer! Brain is obviously a very intelligent person and could talk a lot more than just the "culture".
I am really loving this series
In Professor Lin’s opinion, culture can be defined as--member of the team in pursuit of a company’s--. It’s all about how you fill in the blanks. Assumptions, beliefs, and values fill in the first blank, and an action fills in the second blank. I really liked his approach towards this.
“Your beliefs become your thoughts. Your thoughts become your words. Your words become your actions. Your actions become the habits. Your habits become your values. And your values become your destiny” said Gandhi. This provides you with “stability to fall back on” because “it becomes a way to align people on values that matter to the company,” explains Lin.
"Figure out the perfect experience for one person (without worrying about how it would scale)"
Figure out how to make it scale AFTER
The answer to the last question was one of the best parts of the lecture for me! Nive revelation
this is a great lecture on culture equivalent to a diamond advice for new beginners which they often dont think about till they raise and are on fire to hire their employees
Fourth. This video contains some excellent advice, but enough already with the "every one thought it was a crazy idea . . . no one would ever stay in some one's home" mythmaking. I've heard this myth repeated from two prominent presenters during these lectures, and I have to call BS. Couchsurfing was founded as a nonprofit in 2003 and was a recognized phenomenon worldwide when Airbnb got started. Couchsurfing's early success was an existence proof of the market demand for this marketplace play. It took some exceptional, driven people to see that opportunity and turn it into a billion dollar company, and they deserve tremendous credit for it, but let's not continue with this "it was a crazy idea that nobody but us saw" myth.
I was thinking the same re:couchsurfing. Could it be possible it was a phenomenon entirely outside US?
Ravikiran R Pete Touschner vrbo.com existed since 1990s and some of their market was eaten by AirBnB I think.
Thanks makoto inoue.
Peter Touschner I think the crazy idea was not the fact people were staying in each others' homes, but that you could actually monetize it.
Wrong. Couchsurfing was not a commercial success during the founding of Airbnb.
To start a for profit company on this idea WAS seen as crazy at the time, as evidenced by all the negative reactions Airbnb got from investors.
Your hindsight bias enables you to say this now, but in a world where hotels are as common as dirt, it was a hard sell.
:~37:00 How to start a company : Articulate the Vision, Develop the Strategy , Have Great People
I like the "Magic Button" idea 44:11 :)
Many useful advices in this episode.
Thanks!
Did These Videos Help You In Any Shape Or Form?
brian tells the best stories
Brian's sharing is so inspiring
best lecture so far
Thank you Brian,thank you Alfred.
Comprehensively shared by both on the topic.
fantastic presentation. Thank you for sharing.
Thanks for teaching importance of values, core and principle
Second! :) The culture of a startup is like a new family for you
We live in a time where you can graduate as an MBA, and actually have real world application as a founder. Thank you Stanford.
I agree, culture is for long term companies.. Culture is one of the main supports of a startup. Crisis may come in early days and culture will always be there to support you. I believe it is a must have investment, and you´ll just know once you achieve to build one.
26:20 constraints bring creativity
Finished, love Brian's sharing
Brian Chesky is amazing
Statement below hit me like a brick.
"CEO has 3 jobs: Communicating vision, creating strategy and hiring Best folks to execute that strategy."
If you are struggling with your #startup then one of the above 3 needs to be improved.
What else did you find interesting in this video?
Lecture 10 - Culture even it is not about culture
***** CrisIsOnYT My favorite is "we are missionary and they were mercenary" and "The best revenge against internet clone is just to make them run long term. You have the baby, now you have to raise it"
makoto inoue Even I found these two good. But when am reading them now, they are more impactful :)
Thanks.
RIP TONY HSIEH ❤
This was SICK
22:00 job vs calling
Can't like this video enough.
- Vision.
- Strategy.
- Team.
10:00 practice for culture
5:20 values support the mission
my hour of tv is this
This was Awesome!
Question: how do you select which user to make love your product? With different first user, the product may end up being "shaped" totally different. Should I listen to my guts as well which user should be the first one to love the product?
28:00 culture
Great!!
2:33 company culture
29:00 story
41:20 gold from here
this is the same lecture is happen in yc batch?
Does anyone else, feel exhausted listening to Brian Chesky. He has the energy needed to be a great founder and has all the treats you would expect. I enjoyed listening to how they did things, but realised that i was worn out after it. I think i know why now, take this quote from the video. think this is linked to making a service perfect for a person, but he does set up up with two posssible in roads... " and I will give you one example of this before i stop talking about this, right now on Air B and B you can, if you put your home on Air B & B you can click a button, and a profess, kind of works like Uber, and we did it before Uber, professional photographer, comes to your house and they will photograph your homes for free, we have 5000 photographers around the world and we photograph 100,000 of homes so it probably one of the largest one demand photography networks if there was such a thing, it probably the only one, but erm in the world. and that started with joe and I, we were living with, not living with staying with this one host in new york city." All in 31 seconds! so fast and the core theme is dropped and the picked back up multiple times. That's why i think i was exhausted after listening intently.
great talk. thank you
48:50 is where sam altman got idea of chat gpt
read built to last and 5 dysfunctions of a team, ideas are from these books.
I'll share this video with my colleagues but that "unlisted" thing bugs me.
Why did you guys make it unlisted?
Edit: I think I understand it. The other courses are listed but not this. This is because there are some oaths in it.
Very strange to watch this as Brian has just had to make the decision to lay off 25% of the company during the pandemic. With the early focus on Culture, I'm confident they will endure.
Don't you think we are in for a free ride, Stanford University Mangement team. Some of us who are keenly watching videos from this course, if we could make it big you all will be the first one to be paid for uploading this course for free, that too in such a time when most of us coundn't afford it, if it was not for free.
Utilities get sold at commodity prices
31:30 missionaries vs mercenaries
It's 10th lecture and who's being consistent with me ??
Here! 👋🏾 in 2024!
still helpful
17:00 core values arw this
Brian is the embodiment of comically dystopian LinkedIn culture
32:20 left off
First! :) excellent video!
39:05 what!
Airbnb's OS contribution >> airbnb.io/projects/
2:58 Gandhi not Ghandi -- lol.
sugar pine 7
18:30 beliefs shouldnt be diversex
Alfred seems to have quite the chip on his shoulder
Notice how no one talks about the downsides of their products?
Explicit evil should be first in all of these interviews.
third
:(
He is Mahatma Gandhi, not Mahatma Ghandi.
Not impressed. More hype than substance.
Scot Turner.. I guess.. why don't you direct us to the story of your startup?😃