Stanford eCorner

In 2013, Aileen Lee coined the term “unicorn” to refer to the growing field of startups with $1 billion valuations. At the time, she was a year into her role as a founder and managing partner of Cowboy Ventures, and her team was preparing a now-influential internal report examining how (and how often) companies with these massive valuations tend to emerge. Her summary of the report, published by TechCrunch, uncovered many insightful datapoints, but also revealed that only 2 of the 39 unicorns they studied had female co-founders, a finding that catalyzed her advocacy for increased diversity in technology startups. She more recently became a founding member of All Raise, a nonprofit organization devoted to increasing the representation of women in the venture-backed tech ecosystem. She describes her circuitous path to a job in venture capital, surfaces some of the central strategies of seed-stage investing, and encourages people from diverse backgrounds to help transform the venture capital business.

While earning his MBA at the University of Oxford’s Said Business School and teaching himself to code, Srin Madipalli found himself compelled by the power of technology to transform the lives of people with disabilities. He soon co-founded Accomable, a web app that grew to list accessible accomodations in 60 countries around the world. In November of 2017, Accomable was acquired by Airbnb, and Madipalli joined Airbnb as its accessibility product and program manager. There, he has overseen the addition of new consumer-facing accessibility filters and features, while also exploring how Airbnb can make its hiring and management practices more inclusive for job candidates and employees living with disabilities. He describes how Accomable grew from a side-project into a fast-growing company that landed at Airbnb, and points out how focusing on accessibility can provide companies with a massive opportunity to engage with the disability community.

LaunchDarkly now helps over 1,000 customers — including major companies like Atlassian and BMW — release code, monitor and manage features, and make data-driven decisions about software functionality. But growth didn’t come overnight, explains CEO and co-founder Edith Harbaugh. She describes the multi-year slog of scaling up a B2B company, and demonstrates how she made the most of a number of less-than-ideal jobs, building a diverse toolkit of skills that ultimately contributed to her success as a founder and CEO. She urges entrepreneurs to draw encouragement from small wins, especially in the early stages, when customers are few and far between.

Barbara Liskov was already breaking new ground in 1968, when she became one of the first American women to earn a doctorate in the emerging discipline of computer science. After receiving that PhD at Stanford, she went on to design several influential programming languages, including CLU, an important precursor to Java. More recently, as an Institute Professor at MIT and head of the institute’s Programming Methodology Group, she has undertaken crucial research on distributed systems, information security and complex system failure issues. She is one of fewer than 100 individuals to receive an A.M. Turing Award from the Association of Computing Machinery. In a conversation with host Ann Miura-Ko, a lecturer in Stanford’s Department of Management Science and Engineering and founding partner of the venture capital firm Floodgate, Liskov explores how she discovered the nascent field of computer science, how she recognized and surmounted a number of fundamental computing challenges, and shares her concerns and hopes about how computing will continue to transform our lives.

Not long after landing at PagerDuty in 2016, Jennifer Tejada embarked on that harrowing rite of passage for CEOs of fortunate young startups: the pursuit of an IPO. Tejada raised a $90 million Series D round in late 2018, and saw PagerDuty go public on April 11, 2019. Her path to that point, she observes, was anything but linear. She tells the story of how a very “average” University of Michigan grad ended up becoming the CEO of a public SaaS company, and describes how gritty perseverance, some fortunate early leadership opportunities, and a passion for understanding and embracing different perspectives drove her career forward. She offers strategies that aspiring leaders can employ to challenge themselves and build tenacity while creating diverse, high-performing teams.

In 2012, inspired by the HR headaches they’d observed working for technology companies, Sarah Nahm and a few friends founded Lever, a talent recruitment platform aimed at transforming the hiring process with intuitive yet data-driven software. Two years later, in 2014, she was named CEO. Based on her experiences designing what became Lever and then leading the company, she puts forward a model of entrepreneurial leadership that is about more than just stubborn confidence, and thrives by embracing the unknown and learning how to observe and trust others.

A new season of the Entrepreneurial Thought Leaders starts on October 9th! Guests this season include Arlan Hamilton, founder and managing partner of Backstage Capital; Barbara Liskov, Institute Professor at MIT’s Computer Science & Artificial Intelligence Lab; Srin Madipalli, accessibility and product manager at Airbnb; Sarah Nahm, co-founder and CEO of Lever; and Aileen Lee, founder of Cowboy Ventures and All Raise. Be sure to subscribe to the podcast to get new episodes delivered straight to you every Wednesday!

From developing a brand identity to cultivating the right conditions for musical exploration, successful recording artists are masters of the creative process. Hosted by Stanford professor Bob Sutton, Sickamore, a hip-hop artist, photographer and the creative director at Interscope Records, joins Sam Seidel, director of K-12 strategy and research at Stanford's Hasso Plattner Institute of Design, for an intimate conversation about what entrepreneurs can learn from the music industry, how to navigate ambiguity, and why it's important to strike the right balance between open-ended creativity and project completion.

Honeycomb co-founder and CEO Christine Yen spent a decade as a software engineer before creating her own company. She describes how her deep domain knowledge and relationships with like-minded software developers propelled her startup’s launch, and shares how she built an energetic human architecture around a highly technical B2B product.

The podcast market was growing rapidly when Luminary Media was founded at the beginning of 2018, and it was even bigger by the time the company launched its podcasting service on April 23, 2019. Just a month after that launch, CEO Matthew Sacks and co-founder/head of talent Lauren Perkins step back to assess how they identified an opportunity in the podcasting space, built a team and launched a product with a library of exclusive content in a little over a year. They also address the negative headlines and Twitter backlash they received during launch week, and share strategies for responding to the kinds of mistakes that fast-moving startups often make.