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  • So far we've seen

  • 25 new billion dollar startups on pace with last night that could attract a price tag of nine billion

  • Dollars and raise that we just announced this week our 18 million dollar data from pitch book. This is shaping up to be

  • the biggest year for unicorn IPO, so you are seeing some egg to private stock market side equity at

  • 7.2. Billion dollars or a little over six billion dollars for trading

  • My name is Jonathan mAh people call me Joma, and I'm starting a startup

  • Yeah, well I've always worked for companies like Facebook, Microsoft

  • You know big tech companies

  • And I always had this itch of starting something on my own so after working for BuzzFeed the idea of a startup

  • Like it was growing on me. You know every day. I just kept thinking about it, and I couldn't stop

  • At the point where like my visions were so vivid that it was almost like reality so about this vision

  • Can you talk to me a little bit more about that like? What is your startup idea?

  • Yeah, it's uh. It's a it's a tech startup and

  • Well why man just started so I don't have

  • Coming up with a startup idea usually starts with a problem

  • And that problem

  • Is your one you have yourself, so that's why today? We're gonna be thinking about phones

  • now according to Paul Graham the co-founder of the seed capital firm Y Combinator best startup ideas tend to be something that founders want and

  • Something that can build themselves

  • so what are the advantages of choosing a problem you have yourselves well first and foremost it ensures the problem really exists and

  • Second of all it makes it a lot easier for you to develop empathy for your users

  • Another important aspect is how much do users need your product?

  • It's better to have a few people who absolutely need your product than having a lot of people who might want your product obviously

  • You want to build something that reaches a lot of people, and they really need it

  • But most of those ideas are already implemented like Google for searching the web

  • That's why having a well-defined problem that real people have is vital for coming up with a killer startup idea

  • However this requires some research planning finding potential stakeholders, though

  • These are crucial steps for building a successful startup

  • Sometimes as an engineer you just can't help yourself, but to start building

  • So today we were going to Stanford

  • We're gonna go see one of my friends. I'm gonna see if he's uh

  • If he's interested in working with me

  • He's just a sophomore, but he's a very talented individual

  • Stanford home of the unicorn startups the Gryffindor of universities the smarter brother of UCB what not to love look at that grass

  • Imagine feeding that grass to a cow and then eating that cow oh, man

  • Brendan

  • I'm Brendan Tron. I'm a student at Stanford. I study symbolic systems my doodoo is software stuff is this your room

  • This is messy

  • I know Joe after working at BuzzFeed with him

  • I was an intern there this summer and he hung out with the interns a lot anyways

  • so yeah

  • I came here to ask you a couple of question because uh I she want to talk to you about something

  • He came over here to talk to me about a project you want to work on I got started updating

  • as you know

  • If you saw my video, I'm sorry sir. Oh, yeah. Yeah, I'm sorry. Oh, sorry

  • So yeah, so it's pretty exciting um I'm pretty excited about it

  • Yeah, whoa, well I mean like I don't have like a full third idea yet and like I'm still kind of like where Honda

  • Like one of the reasons why I don't want to talk about it. It's like

  • I don't really think I should talk about it

  • You know on camera so so I think okay, so I'll just tell you like now okay?

  • Yes we

  • It's kind of shitty idea

  • But I think Joe is a pretty smart, dude, so

  • We'll see

  • Like okay like would you use it for example I?

  • Doubt it okay fine, but you're not the target demographic you know, but yeah

  • Not only you're not okay, well, I mean obviously you're not sis you don't think you use it

  • But like imagine if it does succeed think about how awesome it is

  • You know oh, yeah, it's a where is that succeed it would be really cool

  • It would be pretty epic like I could teach you. Yeah, like you don't always want to be the co-founder of something

  • Especially in this space where it's like

  • It's a hit, or miss it could just be the headline like right. Yo this startup kind of sucks personally

  • I do want you to drop out

  • You know because you do know that people who drop out of Stanford. Have a 50% higher chance of being a founder of a

  • huge IPO unicorn appeal company I

  • Mean like think about it, you know you got you know snapchat, okay?

  • So so so I guess like you don't think you can I put in a hundred percent kind of it

  • Yeah, probably not it seems like a really redundant idea

  • It takes something that's kind of already been done before

  • Oh, yeah

  • Okay, I guess

  • Well like yeah. I like to just think about it. You know sleep on it and

  • yeah, but like thanks for thanks for you know that I mean no but

  • Yes, yeah, okay. I'm excited to see where it goes. Yes. Yes he endures oh

  • But I

  • Help out on the video stuff. Maybe I got pretty interested at videos

  • Yeah

  • I think that's a cool concept wait like you want to do like the video stuff like you mean like the vlog

  • I'm doing right. Yeah. Yeah, I think that's a cool concept

  • Yeah, sure, I mean like just like I'm a production standpoint

  • Well, I mean like if that's where you're interested like I definitely need help on that. Yeah. Yeah, okay, I'm done

  • Okay, yeah, because I have no one right now. I don't sit. Yeah. Yeah. Yeah, no, I'll be super helpful. Yeah

  • All right Coco yeah nice all right sweet

  • Despite not being able to convince my friend to be a co-founder

  • At least I know that people are still willing to help in some form maybe finding a co-founder

  • Just isn't the best thing to do right now. Maybe the best thing to do right now is just to keep grinding

  • Don't forget to press the like button and

  • Then if you want to see more of these vlogs or you want to see what happens to my startup then don't forget to subscribe

  • To my channel, so they get notified when new episodes come out, but yeah, have a good day

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