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Syllabus

Week 1: BYOI (bring your own ideas)

Learning objectives:

  • Practice methods of critiquing and improving the startup ideas you already have

Discussion (45m):

  • Introduction to the practicum
  • Why "ideas are cheap":
    • Ideas are starting points
    • Ideas aren't unique
    • Ideas grow when shared
    • Ideas come in fragments
    • Ideas are hard to defend
    • Ideas are unpredictably good and bad
    • "It’s all about execution"
  • Where ideas come from:
    • Ideation as a toolkit
    • Ideation as a muscle
    • Ideation as storytelling
    • Ideation as speculation
    • Ideation as combinatory play
    • Ideation as inspiration
    • Ideation as expertise
    • Ideation as problem solving
    • Organic vs inorganic ideation
    • Individual vs networked ideation
    • Ideation is personal
  • Our idea culture
  • Unicornucopia
    • Demo (Adrian Vatchinsky)
  • Critiquing and Improving startup ideas:
    • Evaluating startup potential with the product/market map
      • Early adopters (high value)
    • Imagining disruptive startups with the innovation/market map
      • Existing vs imagined markets
    • "That’s a great idea, but how can it be bigger?"
    • How to critique
      • Threat vs embrace

Exercise (75m):

  • In assigned groups, practice applying the product/market and innovation/market maps to each other’s startup ideas. Also practice applying these maps to a few existing startups.
  • Share "best of" ideas (10m)

Guests: none

Readings:

Homework:

  • Add at least one idea to Unicornucopia
  • Improve at least three ideas in Unicornucopia by applying the maps used in class

Week 2: Remember when

Learning objectives:

  • Practice a speculative approach to imagining startup ideas

Discussion (30m):

  • Startups and science fiction (guest lecture by Josh Wolfe)
  • Startup ideas vs science fiction
    • Adjacent possible vs adjacent probable
    • In a world...

Exercise (90m):

  • "Remember when..." brainstorm in assigned teams
  • Share "best of" ideas (10m)

Guests:

  • Josh Wolfe, Co-Founder of Lux Capital

Readings:

Homework:

  • Add at least one idea to Unicornucopia
  • Improve at least three ideas in Unicornucopia by thinking about adjacent probabilities

Week 3: VC Bait

Learning objectives:

  • Practice a gamified approach to inspiring startup ideas by recombining existing startups, platforms, and use cases
  • Gain familiarity with up-and-coming technology platforms, markets, and investment theses

Discussion (30m):

  • Market size (guest lecture by Thatcher Bell)
  • Innovation as confluence, recombination, bisociation, combinatory play
    • Raw material, curiosity
    • Open, horizontal networks
    • Connecting the dots
  • VC bait ("the X of Y")

Exercise (90m):

  • Play VC Bait in assigned teams
  • Share "best of" ideas (10m)

Guests:

  • Thatcher Bell, Investor-in-Residence

Readings:

Homework:

  • Add at least one idea to Unicornucopia
  • Improve at least three ideas in Unicornucopia by estimating their market size (per Thatcher's lecture)

Week 4: Get personal

Learning objectives:

  • Practice an interrogative approach for deriving startup ideas from personal experience
  • Learn about the characteristics of effective startup teams

Discussion (20m):

  • What makes a good team (lecture by Aaron Holiday)
  • Approaches to deriving startup ideas from personal experience:
    • Being an expert, being on the edge, and riding the wave
    • Reducing friction, pain, effort, and ugliness
    • Fulfilling wants, plugging holes, and blowing up features
    • Doing what’s fun and interesting
    • All the above, for a friend

Exercise (100m):

  • Interview each other in assigned groups to surface aspects of personal experience, then brainstorm inspired product and startup ideas (80m)
  • Share "best of" ideas (20m)

Guests: none

Readings:

Homework:

  • Add at least one idea to Unicornucopia
  • Improve at least three ideas in Unicornucopia by relating them to personal experiences

Week 5: LAU (Live Action Unicornucopia)

Learning objectives:

  • Practice improving each others ideas and using each other's ideas as seeds of new ideas
  • Practice developing startup ideas based on cutting edge technology and business models
  • Give students a window into what cutting edge concepts their classmates are learning about in different classes

Prework:

  • Make sure you are active in Unicornucopia: your ideas, unicorns, and comments will determine your working teams for this session

Discussion (15m):

  • Review of team formation and startup idea rules
  • Aspects of cutting edge technology startups
    • Execution risk
    • Technology in search of a problem
    • Timing—why now?

Exercise (105m):

  • In assigned groups, practice critique of each other’s startup ideas (90m)
  • Share "best of" ideas (15m)

Guests: none

Readings:

Homework:

  • Add at least one idea to Unicornucopia
  • Improve at least three ideas in Unicornucopia by relating them to a cutting edge technology (for help, see list of cutting edge technologies)
  • In assigned pairs (that will be mailed to you), have coffee with your pair and start the conversation by discussing a cutting edge technology you are learning about in class

Week 6: Rapid fire critique

Learning objectives:

  • Practice constructing a product narrative and responding to critique

Prework:

  • Come to class prepared to pitch a short product narrative for a startup idea you are seriously considering working on in Startup Studio (NOTE this is an individual not a team pitch)

Exercise (120m):

  • Students pitch their startup ideas and product narratives, instructors and peers provide critique

Guests:

  • David Tisch, Head of Startup Studio

Readings:

Homework:

  • Improve at least five ideas in Unicornucopia by rewriting their product narratives

Week 7: Teaming

Learning objectives:

  • Practice constructing a product narrative, building a pretotype, and responding to critique
  • Rally your team for Startup Studio

Prework:

  • Self-organize into teams focused on a specific startup idea, and prepare:
    • A short product narrative
    • A pretotype of the startup idea
    • Where the idea came from
    • Why this team
    • A statement about the team’s ambitions for next semester’s Startup Studio

Exercise (120m):

  • Teams unveil their team selections and startup ideas, including a product narrative, pretotype, and initial thoughts on what they plan to build in Startup Studio the following semester (5m/team)

Guests:

  • Thatcher Bell, Investor-in-Residence

Readings:

Homework: none

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