Guest Speaker: Derek Young

*Tech background

*Side Projects
*Sports team management site - Got picked up
*Exit 133 - Tacoma politics site, news
*Tacoma runners - runner club. Company cause permits and insurance.
?You run?
*Personality, high risk propensity
(Delusions of grandeur can help - Fry)
*Remote partners - virtual Hollywood effect
*Likes to make companies like Fry, not into active long term analysis.
?Know people who like long term management? - Yeah, there are. Founders are rarely the long term runners.
*Startup money is an equation considering risk and reward.
*About customer relation.
*Tracking tool. Kinda scary actually.
*Does not recommend "business plan first," should test and try first. Plan is paralyzing.
*Whiteboard mind map to find names.
*Assbomb.com - placeholder name.
?Where do the ideas come from? - Can amalgamate them. A whiteboard helps.
*Role: external relationships. Not HR.
*MBA helped him with language, explaining technical things in simple language.
*Crowdfunding – likes it for products (games) and manufacturing. Doesn’t like it for services and arts and such.
*Evernote
*Forensic accounting class – companies have offshore stuff to avoid taxes.

*Amicably ending partnerships.

*Did not go to Australia, big risk.