Key insights

• 💻 Stanley is a Stanford CS major and a former engineer at Facebook, Andy is also a Stanford CS major with experience in platform engineering at Facebook, Evan was part of the founding team of Vivo
• 👥 A team of four, including a former product editor at Square, working on software for small business owners, Initially had no need for the software, Conducted interviews with small business owners to understand their requirements
• 🍲 Small business restaurants in Palo Alto want to deliver but can't afford it
• 🛵 Consumer demand for food delivery is high, Restaurants struggle to meet delivery demand, Delivery drivers have spare time and want to earn extra money
• 🚚 Developed initial product for palo alto delivery.com, Customers place online orders on the website, Orders are automatically sent to the restaurant, Dispatchers use efficient routing and batching algorithms
• 🚀 Started as delivery drivers, Acquired over 150 paying customers in the first month, Generated over $10,000 in sales, Rapid growth without extensive marketing

Q&A

• What were the key milestones in the startup's growth?

  The startup's success story includes fast customer acquisition, with over 150 paying customers in the first month. This resulted in impressive revenue, generating over $10,000 in sales within the initial period, showing rapid growth without extensive marketing efforts.

• What was the initial product built for palo alto delivery.com?

  The team developed the initial product for palo alto delivery.com, allowing customers to place online orders on the website. These orders are then automatically sent to the restaurants, and dispatchers use efficient routing and batching algorithms for delivery logistics.

• What is the situation with the delivery drivers in the area?

  Delivery drivers have spare time and want to earn extra cash, while small business restaurants struggle to meet the delivery demand. This presents an opportunity to connect the two parties to address the unmet demand for food delivery.

• What problem was identified with small business restaurants in Palo Alto?

  After conducting 100 interviews, the team identified that small business restaurants in Palo Alto want to deliver food but can't afford to do so, leading to an unmet consumer demand for delivery services in the area.

• What motivated the team to work on software for small business owners?

  The team, including a former product editor at Square, came together to work on software for small business owners after initially not having a need for the software. They conducted interviews with small business owners to understand their requirements, leading to the identification of a problem that motivated their focus on this area.

• Who are the key individuals involved in the project?

  The team consists of three individuals with strong engineering backgrounds from Stanford and experience at Facebook and Vivo. Stanley and Andy are both Stanford CS majors with experience in engineering at Facebook, while Evan was part of the founding team of Vivo.

• 00:00 Three individuals with strong engineering backgrounds from Stanford and experience at Facebook and Vivo introduce themselves.
• 00:10 A team of four, including a former product editor at Square, came together to work on software for small business owners. They initially didn't have a need, so they talked to small business owners to understand their requirements.
• 00:22 🍲 Small business restaurants in Palo Alto want to deliver but can't afford it
• 00:36 Restaurants are unable to meet consumer demand, delivery drivers have spare time and want to earn extra cash.
• 00:49 🛵 Built initial product for palo alto delivery.com. Customers place online orders sent to restaurants with efficient routing and batching algorithms.
• 01:07 🚀 A successful start-up story with fast customer acquisition and impressive revenue in the first month.