Redfin's CEO "Where Do Ideas Come From"
Spent the evening listening to Glenn Kelman, one of the most engaging entrepreneurs I've heard in Seattle. He gave a speech at a UW Business Plan Competition resource night entitled "Where Do Ideas Come From?"
Some random notes worth sharing:

"Trying to imagine what user #! wants, if you aren't user #1, is very hard." Yep.
He added some things he wished there was, including a computer monitored digestive tract for his biking, an environmental yahoo, and Resident Evil 5, with strafing.
"It takes time to build something that's fundamentally valuable, it's better to be better, not first. First to market is not a long term strategy."
"You have more time than you think to do something really good."
"You have to solve real pain or really capture consumer delight"
"History writes out the bad stuff," apparently Redfin started with a fistfight.
"Squash the competition," I'm willing to bet he likes Lance Armstrong (as do I, ask me about my Lance Armstrong stage 5 in Montargis story)
"Make haste slowly" from Roman Emperor Augustus.
Redfin's financials can be seen on Guy's blog here. Very helpful for anyone writing their first business plan.





