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Lorenzo Thione - Powerset - Stanford - Jan 9 2012

Lorenzo Thione - Powerset - Stanford - Jan 9 2012

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Published by Burton Lee

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Published by: Burton Lee on Feb 01, 2012
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02/01/2012

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Lorenzo Thione
 
Co-Founder, Powerset
European Entrepreneurship & Innovation (ME421)Stanford Engineering Schoolhttp://me421.stanford.eduJanuary 9 2012
 
A quick recap
Studies: Milan to UTexas Austin (2000)
FXPal and PARC (2003-2005)
Powerset (2005-2008)
Microsoft (2008-2010)
Broadway/Allegiance (2008 -
….)
 
StartOut & Startups
Something new
 
Powerset
First startup
 –
so many lessons learned
Technology Play
 –
High prod/tech risk
Capital Intensive
 –
it was 2005!
 –
$2M+$10.5M
 –
VC Backed
Aggressive Growth
 –
72 people in 2008
PR Storm
Internal Issues
 –
Board Management
Acquisition

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