Tag: ThirdLove

DSV Week Two: There’s a Place for Everyone

Our visits this week truly focused on the idea that people from all different types of backgrounds can find their home in Silicon Valley. Tech and consumer companies need team members from a variety of disciplines like sales, marketing, finance, and software engineering to operate, and it’s the combination of these skills that truly make a firm successful. Understanding how these functions are interconnected was an essential part of this week’s visits to Affirm, Netflix, ThirdLove, and Baris Akis, Founder and Managing Partner of Nav Talent.

At Affirm, we spoke to the VP of Communications, Elizabeth Allin, who talked to us about the company’s origins, as well as how the company’s service is marketed and its future growth potential.  Affirm essentially focuses on making consumer goods more affordable by allowing users to pay for products in installment over time with low interest. Learning about this process and the company’s commitment to increasing transparency in the financial services industry aligned in accordance to concepts we discussed in class, such as ensuring that products serve utility in an industry and solve a problem for consumers. We then spoke to members of Affirm’s data science team to learn about the more technical aspects of the service such as how the company uses algorithms and machine learning to decide whether to approve customers for a loan. We talked to members of the sales team and product development team as well and appreciated that we could see how members of different teams viewed the product through a unique lens to frame their decisions impacting the company.

Affirm

On Tuesday we visited Netflix. Netflix approached our visit in a similar manner as Affirm, with the goal to teach us about all different aspects of the company’s operations. We learned about how original shows are created, the data science behind personalizing each user’s experience, and what markets Netflix hopes to expand into in the future. Engaging in these conversations helped us think about how we may fit into these roles in the future and talking about the backgrounds of people at the company pursuing these roles gave us insight into what paths we may take to garner the same skills.

Netflix

We also visited ThirdLove, where we heard from Founder and CEO, Heidi Zak, about why she started a company that empowers women of all sizes to find their fit for the intimates they wear. We discussed supply chain management and the company’s merchandising strategy with its team members and also learned more about the algorithms that help them identify distinct customer segments for marketing/advertising purposes.

ThirdLove

Finally, guest speaker Baris Akis, Founder and CEO of Nav Talent, came to class to speak to us about his journey as an entrepreneur and where Nav Talent serves utility as an effective career planning tool. His novel approach bridged the gap between high growth startups and high-achieving students from technical backgrounds, matching these students to jobs within the company. We heard about the multifaceted roles of members of his team such as the interns who plan events at various colleges, advisors who serve as the liaison between the student and companies, and the role of his executive team in strategizing for the company’s future growth.

This week in one word: holistic. Tech is more than its technical roles, and there’s a place for everyone’s individual skills and interests here in Silicon Valley.

Vandita Garimella is a rising sophomore intending on studying Computer Science and Public Policy with a Statistics Minor. At Duke, she is an Analyst with the Duke Impact Investing Group, on the High School Mentorship Committee for Business Oriented Women, and will be on the Marketing Committee for DUU this upcoming school year. In her free time, she loves to watch TED talks, dance, and spend time with friends. Vandita is very interested in entrepreneurship and wants to learn more about how companies are using tech to impact their unique industries, as well as how company leaders work to create collaborative and innovative working environments that largely define the culture of Silicon Valley.

DSV Week Three: Tell Your Own Story

“Don’t be satisfied with stories, how things have gone with others. Unfold your own myth.” -Rumi

I share this quote not only because Rumi has been the resounding poetic voice throughout our course with Professor Azhar, but also because its message, to tell your story, has been repeated by everyone we’ve met here in Silicon Valley.

As humans, storytelling is a natural format that communicates our passions, values, and uniqueness to each other, and as an entrepreneur connecting others to our story is integral to the success of a business. As we’ve visited diverse companies ranging from smaller ventures like Carbon to large corporations like Facebook, and heard from guest speakers in a variety of fields, everyone has their own story to tell.

For Pamela Hawley founder of UniversalGiving, a non-profit venture matching volunteers with quality giving and project opportunities worldwide, this story began with a trip to Mexico when she was 12. While on vacation with her family, Pamela witnessed the gap between extreme poverty in the surrounding country and the luxury lifestyle within her cruise ship walls, inspiring a lifelong commitment to philanthropy and social entrepreneurship. This narrative crafted the authentic passion for the company values embodied in her presentation, and created the 100% client retention rate that allows UniversalGiving to grow. Through connecting her story to her career, Pamela was able to build a company that engages target consumers and communicates a genuine mission.

On Monday, our class welcomed speaker Greg Badros who currently works as an advisor to tech startups at his company Prepared Mind Innovations. As he spoke to us about the importance of preserving company culture and practicing empathy across teams, he spoke in stories of his experiences at Facebook and Google, stories that informed his passion for helping others succeed today. He conveyed specific career experiences, for example relaying the story of the fellow Facebook employee who broke the glass frame of a poster reading “Move fast and break things;” these small stories built before us a business leader whose interest in helping others to achieve ambitious objectives became apparent from his career journey.

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Later on we visited ThirdLove, the revolutionary bra company that provides 59 sizes including half-cup sizes, 15 styles, and a personalized test to find the best fit. As we listened to founder Heidi Zak, she began with her own story of struggle as she became frustrated with the discomfort and inaccuracy of the traditional bra-shopping experience that causes consumers to wear the wrong fit or write-off their body type as simply unrepresented by bra offerings. Heidi harnessed this personal narrative to develop a brand inclusive of diverse body differences and sensitive to the comfort and personalized detail necessary to design the perfect-fitting bra. Like the other founders we’ve met, this ethos of her own story ultimately built a top brand connecting to a worldwide market and growing.

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Though I can’t quite tell you much about the game, Bill Schough alone, CIO and SVP of the San Francisco Giants baseball team, just might have converted me into a fan (sorry Dad but the Mets never really stood a chance anyway). As Bill brought us into a VIP meeting room filled with championship rings and a World Series trophy, he used a map to share his story and the different points of luck and passion for sports along the way that brought him to the Giants. Despite my embarrassing lack of baseball knowledge, Bill’s infectious enthusiasm in his career narrative made this visit one of my favorite so far, engaging me in a world of sports business I had never known before.

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Even at larger corporations like Facebook and Netflix, each employee began with their career journey leading up to their current role. As we continue to hear from different speakers and visit all different companies, I’m constantly thinking about all the pieces coming together to build my own narrative and my eventual career path. I hope one day to inspire the same passion with my story as these business leaders have inspired me.

 

Renée is a rising sophomore from Westport, Connecticut pursuing a major in Linguistics and a certificate in Innovation and Entrepreneurship. At Duke, she’s extended this entrepreneurial spirit to her role as a partner of Bull City Beds, a student-run mattress rental company. She’s also the Features editor for the Standard as well as a member of Business Oriented Women, Delta Sigma Pi (Duke’s professional business fraternity), and Alpha Phi. In her free time, Renée enjoys running, hiking, updating her playlists on Spotify, and watching Shameless.

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