alchemist startup primer - lean development practices

Lean Development Prac0ces

Pascal-‐Louis Perez & John Hitchings

Alchemist Startup Primer / @pascallouis / @wltheng

A Show in Three Acts

Act I – Where we learn about Wealthfront Act II – Big ideas and Useful Frameworks Act III – A look at Con0nuous Deployment


ACT I -‐ WEALTHFRONT


“ Democra0zing outstanding investment managers. ”

Quick Facts about Wealthfront


$11,000,000,000,000

Assets Managed by Mutual Funds in the US



•  Managing a liVle over $200,000,000* •  Processing over $2,000,000/day •  Highly regulated – By the SEC, as a Registered Investment Advisor – By FINRA, as a Broker Dealer – Member SIPC

•  We’re a technology company •  No Ops, no QA team

Alchemist Startup Primer / @pascallouis / @wltheng * ~ $35 AUM, $165 AUA


ACT II – BIG IDEAS



startuop

startup company


Core/Context Analysis Framework

CoreProcess createsdifferentiation thatwins customers

ContextAll other processes

Mission CriticalProcess shortfall createsserious and immediate risk

Non Mission CriticalAll other processes

Differentiation

Risk

ACT III – CONTINUOUS DEPLOYMENT


Ship to PROD 30+/day

0

10

20

30

40

50

60

M T W T F M T W T F


Timeline

Development

Cut a Release

QA Stage Release

Integrate Patches

Fix P1 Bugs

2-‐8 Weeks


Integrate Patches

Fix P1 Bugs

Cut a Release

Stage

Timeline, Revisited

5-‐10 Minutes

Experiments Monitoring

Development QA Release Deployment


or Tes0ng

Life of a Deployment

DM PM PM PM

ZK



DM PM PM

ZK


PM


DM PM PM

ZK

•  Self Test •  Increased monitoring


PM


DM PM PM

ZK

•  Exponen0ally increasing group sizes •  Automated rollback if needed


The 5 Essen0als


Con0nuous Deployment

Immune System

Con0nuous Integra0on

Test Driven Development

Culture

And That’s All Folks

Act I – Where we learn about Wealthfront Act II – Big ideas and Useful Frameworks Act III – A look at Con0nuous Deployment


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alchemist startup primer - lean development practices

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