As he excitedly began explaining a new product feature, a board member pretended to fall asleep.
Mortified, he made a key decision right then and there. Microsoft later bought his company for ~$150M
Here’s how that meeting went 🧶👇
1) In 2005, an 18 year old Christian Reber moved to Berlin with no plans to start a company, but ended up doing exactly just that.
YouTube had just started gaining popularity, but Christian couldn’t help feeling that it was missing something.
2) Music was one of the hottest video categories.
“Why isn’t there an online music player that curates music and the top charts?”
YouTube didn’t have playlists, so Christian used his software engineering background, coupled with the YouTube API, to build it himself.
3) Immediately, his YouTube playlists product went super viral. 200,000 users in just a month.
But Christian didn’t see a path forward to building a whole company off this small experiment, and instead quickly sold the project to an investor.
4) With the newfound cash, Christian started an agency and began working with top brands and companies, building websites and products.
Across all the various projects he worked on, with companies big and small, his product intuition grew stronger and stronger.
5) After 3 years of agency life, Christian wanted to return to his roots. Software.
SaaS was the new buzzword in town. Evaluating the whitespace market, Christian formed another question:
Why isn't there a next-gen product management tool that fits the way teams work today?
6) He felt this problem acutely in his agency life, and could see this becoming a core painpoint as teams continued to become more reliant on technology.
Around this time, he got some sage advice:
“Build an appetizer”
7) Building an entire project management suite would be hard.
A small teaser would give users a taste of whats to come and build his credibility.
Over the next 6 weeks, Christian and two engineers coded nonstop.
They emerged with Wunderlist.
8) Early traction helped Wunderlist quickly attract investors, and eventually Christian found himself reporting to a board.
At one board meeting in particularly, Christian planned to discuss something he’d been mulling over for quite some time.
Realtime synchronization.
9) Realtime synchronization allowed a user to see their lists and tasks in realtime, while someone else was also using and updating the tool.
Christian believed this was the future of all team-based productivity apps.
He entered his next board meeting, eager to share.
10) As Christian began explaining, one board member stood up from his chair, laid down on the ground, and theatrically pretended to fall asleep.
Mortified, Christian walked over and asked him if he was okay.
“No I’m not, because of you!"
11) "What you’re selling here is absolute nonsense. It’s like promoting breathing air to humans, it makes no sense”
Christian was devastated. The board room’s excitement and energy evaporated.
But Christian couldn't shake his gut-sense.
12) His intuition told him that this feature would change productivity apps forever.
Never one to rely heavily on data, he tried appeasing the dramatic board member, but to no avail.
Ultimately, he decided he didn't need their approval.
He was going to build it anyways.
13) Wunderlist’s next release, featuring realtime synchronization, was their biggest ever.
It became a smash hit and attracted the eyes of Microsoft.
Microsoft eventually bought the Wunderlist for between $100M-200M.
The main reason? The realtime synchronization tech.
After the global success of the iPod, Steve Jobs wasn’t used to hearing the word “no.”
But when looking for the iPhone launch partner, that’s all he heard.
He had one last meeting with the only company who hadn't rejected him yet.
Here’s how he negotiated in that meeting 🧶👇
1) First, a bit of context:
Before the iPhone, the wireless phone industry could not have been more different than what it is today.
Wireless network providers (carriers) had pretty much all the control.
2) AT&T (then Cingular), Verizon, and others set the rules. They told phone makers how to spec the phones. They owned the distribution. They even controlled the phone’s software.
Phone manufacturers had little autonomy to do what they wanted.
In 1959, a Swedish engineer at Volvo patented what would become one of the greatest inventions of all time
Volvo stood to make billions
But after a meeting with Volvo's President, he decided to give it away for free - and it changed the world
Here’s how that meeting went 🧶👇
1) After receiving his mechanical engineering degree from a University in his hometown of Härnösand, Sweden, Nils Bohlin joined aircraft maker Saab to work on ejector seats.
For 16 years, he continued to focus on safety and was eventually designing complete pilot rescue systems.
2) Nils was anchored to the idea of safety above all else, and brought this same mentality to a welcoming team at Volvo.
There, he focused his attention on all the driver and passenger safety systems, starting with seatbelts.