the key ingredient to building a world class startup: startup dna, and how to keep it when you build...

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Startup DNA and how to keep it when you build your company Pieter Kemps Amazon Web Services P_Kemps

Post on 17-Oct-2014

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Early stage startups, by nature, are fast, nimble, and agile. But as you scale up your business and build your company, how do you keep this DNA? How do you avoid bureaucracy and red tape creeping in and slowing you down? Building and nurturing your culture is crucial and companies like Airbnb and Amazon have done this successfully. This session explores the key aspects of innovation and agility for startups at scale, zooming into the culture, organization, and mechanisms that have allowed Amazon to keep leveraging its startup DNA to innovate across multiple industries. Stay up to date on Asia's tech scene: Read the latest news: http://e27.co Sign up for our Weekly Digest that curates the Top news in Asia: http://bit.ly/subscribe-to-e27

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Page 1: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

Startup DNA

and how to keep it when you build your company

Pieter Kemps Amazon Web Services P_Kemps

Page 2: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company
Page 3: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

Company Building

Page 4: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

And yet…

Page 5: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company
Page 6: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

Total  #  AirBnB  Guests  

9M  Up  by  over  5  million  since  the  beginning  of  the  2013  

Page 7: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

Brian “What is the single most important

piece of advice for us?” Peter

“Don’t ‘mess’ up the Culture”

https://medium.com/working-life/597cde9ee9d4

Page 8: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

“The culture is what creates the foundation for all future innovation. If you break the culture, you break the machine that creates your products.”

Brian Chesky, Founder

https://medium.com/working-life/597cde9ee9d4

Page 9: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

“The product is the product. The culture is the next hundred products”

Phil Libin, CEO

www.fastcompany.com/3012870/dialed/evernotes-quest-to-become-a-100-year-old-startup

Page 10: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

How do you keep Startup DNA?

How do you build it into your Culture as you scale your business?

Page 11: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

When you get started

Page 12: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

# 3 Investor Pitch Deck

Biggest Challenge = Finding People

# 1 Customer Pitch Deck

# 2 Employee Pitch Deck

Page 13: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

Existing Values “Adventure”

“Living in the Stretch”

Culture as an Asset

Page 14: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

ABH ‘Always Be Hiring’

Page 15: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

http://erickschonfeld.com/2013/04/23/vinod-khosla-demo-mobile-2/

"A company becomes the people it hires, not what it plans."

Vinod Khosla

Page 16: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company
Page 17: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

When you are scaling

Page 18: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

“Good culture creates an environment where people can do their best work”

Mike Curtis, VP Engineering, Airbnb

http://nerds.airbnb.com/engineering-culture-airbnb/

Page 19: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

Organization Structured teams, fluid responsibilities

Page 20: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

Process Example: Code Review Process

Page 21: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

When you are at scale

Page 22: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

f(innova3on)  =   (mechanisms * culture) (org  *  arch)  

Page 23: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

customer obsession

ownership

invent and simplify

right, a lot hire and develop the best

insist on highest standards

think big bias for action

frugality

vocally self critical

earn trust

dive deep

have backbone; disagree & commit

deliver results

amazon leadership principles

Page 24: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

Ownership Leaders are owners. They think long term and don’t sacrifice long-term value for short-term results. They act on behalf of the entire company,

beyond just their own team. They never say “that’s not my job."

Page 25: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

DevOps

Page 26: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

two pizza teams

www.dilbert.com

Page 27: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

dive deep Leaders operate at all levels, stay connected to the details, and audit

frequently. No task is beneath them.

Page 28: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

Amazon has a very metrics-driven culture

Weekly ops metric meetings a scorecard for each service team

a graph for every metric that customers care about each graph has a line…fitness function

Correction of Error (COE) process

Page 29: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

But then TJ gets an unexpected e-mail from Amazon...

“We noticed that you experienced poor video playback. We’re sorry for the inconvenience and have issued you a refund for $3.99”

http://consumerist.com/2013/05/02/amazon-notices-our-streaming-video-was-glitchy-proactively-issues-refund/

Page 30: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

customer obsession Leaders start with the customer and work backwards. They work vigorously to earn and keep customer trust. Although leaders pay

attention to competitors, they obsess over customers.

Page 31: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

Press release to capture the customer perspective #1 FAQ to answer any questions a customer might have #2 Start finding the right ‘primitives’ #3 Launch, then iterate fast & often #4

Page 32: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

Rate of Experimentation

Page 33: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company
Page 34: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

11.6s Average time between deployments (weekday)

1,079 Max number of deployments in a single hour (or approx every 3 seconds)

30,000 Max number of instances simultaneously receiving a deployment

Speed of deployments at amazon.com

May 2011

Page 35: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

Culture Mechanisms Organization Architecture

Startup DNA

Page 36: The Key Ingredient to Building a World Class Startup: Startup DNA, And How to Keep it When You Build Your Company

Thank You

P_Kemps