Spring 2000
When I was an undergrad at Stanford, I had trouble articulating what I wanted to do after school. The best I could say was that I wanted to be an "entrepreneur." That, however, is not very specific -- more of an adjective than an occupation. I racked my brain in my free time to try and figure out how everything would eventually materialize.
Graduation was a looming worry. School ended in June. By April, I had secured my first job....summer intern at a startup called "Pinacus." We were 11 guys and 1 girl, working out of an apartment in Menlo Park. I worked in the bedroom, programming in Java and doing random tasks around the apartment. We were trying to create the world's first "content marketplace." That might have been a good idea, except for what happened in the Spring of 2000.
I had no concept of how a stock market crash could effect our small angel-backed startup, but it didn't matter. By July, I was unemployed. We folded up shop, broke our lease, and returned half of the angel investment. Our model needed a significant round of Venture Capital. I watched the founders come home disappointed day after day from their meetings on Sand Hill road. It wasn't their fault -- most VCs were completely clamped shut.
Freedom was good. A week after the layoffs, I boarded the back of a U-haul truck on the way to New York. Garth was moving to Manhattan and I tagged along. He didn't let me drive because he didn't trust me behind the wheel. I spent the entire voyage in the cargo area in the back. We arrived in NYC in 3 days and only stopped once for any period of time. Omaha baby.
Graduation was a looming worry. School ended in June. By April, I had secured my first job....summer intern at a startup called "Pinacus." We were 11 guys and 1 girl, working out of an apartment in Menlo Park. I worked in the bedroom, programming in Java and doing random tasks around the apartment. We were trying to create the world's first "content marketplace." That might have been a good idea, except for what happened in the Spring of 2000.
I had no concept of how a stock market crash could effect our small angel-backed startup, but it didn't matter. By July, I was unemployed. We folded up shop, broke our lease, and returned half of the angel investment. Our model needed a significant round of Venture Capital. I watched the founders come home disappointed day after day from their meetings on Sand Hill road. It wasn't their fault -- most VCs were completely clamped shut.
Freedom was good. A week after the layoffs, I boarded the back of a U-haul truck on the way to New York. Garth was moving to Manhattan and I tagged along. He didn't let me drive because he didn't trust me behind the wheel. I spent the entire voyage in the cargo area in the back. We arrived in NYC in 3 days and only stopped once for any period of time. Omaha baby.







