Vinny treats us to an immensely insighful and transparent account of his ongoing entrepreneurial odyssey. We cover topics such as his decision to abandon the primrose path of a thriving career in finance, his sudden leap into the world of startups and the challenges of launching a tech company as a first-time entrepreneur. His insights and learnings, including the account of the fateful decision he and his co-founder made to actually learn how to code themselves are a literal treasure trove for any entrepreneur.
Below is a short table of contents (with corresponding minutes) of Part I of our conversation.
:20 Harvard freshman in ’99, the tech bubble, investment banking
2:20 The “kernel of entrepreneurship” could not be ignored
3:15 Post bubble epiphany at a conference: “That’s who I want to be”
4:12 Early Days of Yipit, Summer ’07, “no idea what we were doing”
5:22 No safety net, no more primrose path: big realizations!
6:47 The leap of faith: Learning how to Code….
8:00 The reaction of his colleagues/family
9:30 Building the early prototpes of Yipit
11:23 The equivalent of steroids for an entrepreneur
11:50 Becoming a deal-aggregator in NY; Groupon launches
13:57 The Lightbulb Moment: “just aggregating daily deals!”
15:04 The Big Pivot: Building this version in 3 days… first-to-market
16:30 Finance/Corporate World vs. Startup World: different mentality required