Tag: Palantir

DSV Week Three: The Power of Mission & Vision

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This week, we continued our visits to tech companies including Uber, LinkedIn, Palantir, and innovative start-ups, including Impossible Foods and Rothy’s. The common thread that I found between these companies is their mission-driven culture to solve critical problems.

Uber aims to bring smarter transportation to the world, LinkedIn connects the world’s professionals to make them more successful, Palantir helps institutions solve the most challenging and impactful problems, Impossible Foods produces plant-based meat to combat global warming, and Rothy’s creates fashionable and comfortable shoes for women to reduce waste by using plastic water bottles and 3D knitting technologies. Employees we met at these companies may work in different functions, such as engineering, marketing, operations, but they all are motivated by the company mission and are excited to create and improve products to solve problems that they care about. This left me with a deep impression and made me reflect on what a fulfilling job as an entrepreneurial problem-solver means.

Besides company visits, this week’s highlights were inspiring guest speakers and our visit to the San Francisco Giants Game. photo2

The first speaker we had was Sanj Goyle, a serial entrepreneur and the CEO at Finxera. He spent almost ten years building his latest venture Finxera and shared with us his experience pivoting the product use case before a successful exit. Another speaker we met at the Giants game was Bill Schlough, the Senior VP & CIO of SF Giants. Different from most people in the Valley who jump from one company to another, he has been with the Giants for almost twenty years and he oversees all technologies that are used for the operation of the Giants. The last speaker was Nick Zaldastani, a serial entrepreneur and an investor. He discussed his opinions on what makes Silicon Valley special, execution versus intention, the importance of integrity and transparency and more. Interestingly, although these three speakers talked to us on three separate days, all of them touched upon the topic of passion and had insightful perspectives.

We often hear people say “do what you are passionate about”. As cliche as it may sound, after hearing from all speakers, I believe it’s a piece of advice that’s worth following. Sanj suggested that not everyone’s success is related to passion and used enterprise software companies as a counterexample, saying that entrepreneurs who are working on enterprise software are not necessarily passionate about enterprise software. They are still successful because they are working on projects that they are good at. Instead of following the passion, he argued that we should leverage our strength and focus on solving the problem. Bill on the other hand, used his personal experience to demonstrate the value of “do what you are passionate about”. He is a huge fan of all types of sports and has always been fascinated by the athletic spirit. He played three types of sports at Duke and always wanted to combine his true passion and his work, so he found his job at Giants perfect. To him, there’s no so-called “work-life balance” because his work is part of this life: he loves being at the Ballpark, he takes his kids to games often, and he even uses his spare time to participate in Olympic organizing activities. Similarly, Nick also emphasizes the importance of passion by using the comparison between the word “drive” and the word “passion”: “drive” is external and “passion” is internal. People who are driven can be successful, but they are not necessarily happy. Passion is critical to what we do because it is the reason why we do it.

 

Lin is a rising senior at Duke University pursuing a double major in Statistical Science and Computer Science. She grew up in Shanghai and is very excited to visit Silicon Valley for the first time. She also enjoys reading, traveling, good food and spending time with friends and family.

 

DSV Week One: First Day of Class, Palantir, Stanford

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Duke in Silicon Valley has been off to a great start!  Starting off with the class with Prof. Azhar was a great and unconventional experience.  He put us on the spot and made us think unconventionally – all part of his goal to simulate what it’s like to be a part of a startup.  I think that we were all a bit anxious at first, but by the end of the class, we were all sold by his teaching style and excited to draw from his entrepreneurial experience moving forward with the summer.

Immediately following our first class, we headed to Palantir Technologies, one of the world leaders in software services and big data analysis.  We were able to get our first taste of a Silicon Valley tech company – employees laser-focused on their projects, unique interior design around the office, and all the snacks and refreshments needed to refuel after some hard work.  Though I was amazed by the environment we were in, what I found most captivating was the panel session we had with several software developers and data analysts.

I found it amazing to hear about Palantir’s mission and maturity process.  One of the more senior software developers pointed out that throughout his time, Palantir has evolved from a more rambunctious startup company to one with more structure and importance.  This reminded me that years ago, Palantir was just another budding company with a couple people working in a small office space with no concrete sense of direction.  This panel also reaffirmed that there isn’t an instant route to success; Palantir was founded roughly 15 years ago, and there were a lot of obstacles the company needed to overcome to get to where it is now.  Seeing how the company developed from just focusing on intelligence to a wide variety of services, I saw how important it is for a company to constantly innovate.  Palantir is constantly tackling new issues, and it is this mindset that enables it to keep growing.

What I find most admirable about Palantir is how they innovate with a purpose.  Outside CEO Alex Karp’s office is a leafy wall with the wooden phrase “SAVE THE SHIRE”.  Adopted from Lord of the Rings, the phrase essentially means “Save the World” and is Palantir’s unofficial motto.  Every single service they offer comes directly from a client’s needs – everything they do is to help people.  One of the software developers pointed out that when you work on a project on Palantir, you could be facilitating a disaster relief program that directly feeds children or saves drowning people.  To them, it doesn’t matter that their project isn’t mass-marketed; having a great impact on just several people is much more important to the company’s mission.  As someone with a dream to start my own company someday, I found this an extremely important value to keep in mind with any venture that I pursue.

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We also had the opportunity to speak with Tom Byers from Stanford University, who heads the Stanford Technology Ventures Program.  I loved hearing about some of the more detail-oriented aspects of entrepreneurship that he recommended every venture focus on.  He repeated the idea that every entrepreneur should keep the values of purpose in mind; focus on helping others in some way and improving the world. I found this especially inspiring in light of the fact of some of the ethical issues that have come up in Silicon Valley this year – an issue that Tom brought up as well.

Over the past couple of days, I’ve already learned so much about entrepreneurship and technology that I ever have before.  I’ve had an amazing experience being exposed to the professionals of Silicon Valley and am looking forward to the unforgettable month that lies ahead.

Bryant is a rising sophomore at Duke University studying Economics and Computer Science with an Innovation and Entrepreneurship Certificate. He’s interested in finance and technology, hoping to find his niche in the intersection of these fields.  In his free time, he loves to play basketball and go to the beach.

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