Kevin worked on his startup idea close to 2 years but it didn’t take off. He took a risk, scraped his old idea and went with a new idea, which he found almost by accident.
It was a hit and Facebook bought it for $1 billion. Let us check out how he did it.
What you could learn from this episode:
- His antics as a young boy
- His other passion and how he got a job at an young age
- How he met the future founders of a big startup, when he interned
- Why even though he got many job offers he chose to work at a particular tech company.
- Should he work part-time or quit his job
- How to get money for his startup
- Did he have a formal office
- Why the first idea was a failure even though they worked on it for more than a year
- A painful decision they took to restart again
- How a break gave them the much needed insight on where to focus on while building the product
- How they got users feedback
- How he faced a major setback with funding
- How he was surprised and flattered, when a major company showcased Instagram on its demo.
- How it spread without marketing
- How it grew virally
- How he handled take-over offers from the multiple tech companies.