26.04.2015 Views

Founders at Work.pdf

Founders at Work.pdf

Founders at Work.pdf

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

64 <strong>Founders</strong> <strong>at</strong> <strong>Work</strong><br />

We bought two Sun machines. I bought one from an earthquake researcher<br />

in Berkeley for $600. Honestly, the biggest fight we had in those early days was<br />

over a used copier th<strong>at</strong> I bought for $300. I’d used a substantial fraction of our<br />

capital on a copy machine while Graham was out of town, and we had this<br />

major fight about having spent all th<strong>at</strong> money on a copy machine. Graham<br />

thought it was foolhardy to spend th<strong>at</strong> much on a copier, and my view was th<strong>at</strong><br />

I was spending all my time having to go to the bank and get dimes for the copy<br />

machine <strong>at</strong> the m<strong>at</strong>h and science library, so I’d r<strong>at</strong>her just buy this thing. It was<br />

used, and it never worked, so he was right and I was wrong—it was a stupid<br />

purchase.<br />

We basically s<strong>at</strong> in the garage coding for around 18 months. In retrospect, it<br />

was really fun. But I remember a lot of worry. “Are we doing anything of<br />

value?” We were building the core engine, the indexing engine th<strong>at</strong> would actually<br />

index the text, and the search libraries th<strong>at</strong> would query th<strong>at</strong> index.<br />

It got cold in the garage and we didn’t have a he<strong>at</strong>er, so we would use the<br />

dryer for he<strong>at</strong>. We’d tape the little button down th<strong>at</strong> made it run with the door<br />

open.<br />

In about mid-’94, we now needed to put an interface on the software to start<br />

showing demos.<br />

Livingston: Were you still living off the original $15,000?<br />

Kraus: Yeah. Some of us had part-time jobs. I got my nickname during th<strong>at</strong><br />

time: “Phone Boy” (which it still is). My job every morning would be th<strong>at</strong>—I<br />

was doing some coding, but not very well—I would read the Wall Street Journal<br />

to find out if there were people th<strong>at</strong> I might call th<strong>at</strong> could be interested in<br />

search stuff. So I invariably just did cold calls most of the time, “I saw your<br />

name in the Journal and we’re this little startup . . .” I didn’t know any better.<br />

Why wouldn’t somebody take us seriously?<br />

Livingston: Was there a cold call th<strong>at</strong> you made th<strong>at</strong> turned out to be pivotal?<br />

Kraus: No, the pivotal things were all unintentional. Like the way we got<br />

turned on to the Web: it was about ’94 and we were deciding between two technologies<br />

for the interface. How do you present search technology to the user if<br />

it’s not a command line?<br />

One was HyperCard and the other was this Web thing. And Graham, wisely,<br />

chose the Web. I believe it was because of th<strong>at</strong> particular chance moment th<strong>at</strong><br />

we ended up being web-oriented and got known as a web search thing.<br />

The intentional things were rarely pivotal in those early days, but the being<br />

persistent, following-your-nose thing made a big difference. The chain of<br />

events th<strong>at</strong> led to our funding had no connection. You write them all down in a<br />

line and you wonder how these all led to each other, but the chain was very<br />

direct from step to step.<br />

When I gradu<strong>at</strong>ed, my college girlfriend gave me a book called Accidental<br />

Empires. It was a gossip history of Silicon Valley by a guy whose pen name is<br />

Bob Cringely. In it he writes, “Here’s a tip for entrepreneurs. Call me, I’m a<br />

cheap d<strong>at</strong>e.” So I call him and we get together for lunch and I tell him wh<strong>at</strong>

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!