The Law Of The Garbage Truck Pdf download free software

It’s not likely that car manufacturers could be convinced to use a powertrain from some startup, and car owners rarely replace a powertrain, even if the replacement would save money in fuel and maintenance. Then one VC, Nancy Kamei at Intel Capital, made a suggestion that got him thinking: Making a complete car takes a huge amount of capital, she told him, and all your innovation is in the powertrain, not the rest of the car. He made the rounds of VCs throughout 2007 and got rejected again and again. Venture capitalists, it turned out, were not as uninterested in the size of the market as Wright was, and he couldn’t get the $8 million or so he thought he needed to turn it into a real business. He had succeeded in building a high performance car. Out on the street, we raced from stop sign to stop sign and zoomed around a highway cloverleaf, pulling, Wright told me, about 1.4 G - though it felt like more. In 2006, he took me for a ride in his prototype, accelerating to 75 km per hour and pinning me to the passenger seat in the 45 meters or so between his parking space and the closed iron gate at the entrance to the parking lot. That’s still faster than the fastest Tesla. He started Wrightspeed in 2005 and came up with the X1, a street-legal sports car that goes from 0 to 60 mph in 2.9 seconds. So he quit Tesla and set out to build the highest performance electric vehicle possible, without worrying about whether it would have much of a market. He worked on optimizing the Tesla One for energy efficiency, but became fascinated with the potential of the technology for high-performance cars - much higher than Tesla would be able to sell to a mass market.

Wright shelved his business plan and signed on as employee number one, eager for a chance to merge his two passions, electronics and cars. A networking engineer who had spent some time on the amateur auto racing circuit, Wright had been working on a plan for an optical switching company when neighbor Martin Eberhard told him about his new startup, Tesla Motors. But it nearly crashed and burned before making a pivot that I didn’t see coming - and neither did Wright. Wrightspeed, which now makes powertrains for trucks, just got a big order from FedEx the company is comfortably funded, thriving, and hiring. Which brings us to Ian Wright, founder of Wrightspeed. San Jose Mercury News columnist Michelle Quinn recently wrote, “successful pivots are the stuff of tech industry lore, a critical gamble that resulted in great wealth.”

In Silicon Valley, the mark of a successful entrepreneur is not how good his first idea is it’s how well he pivots when that first idea doesn’t work out.

The Law Of The Garbage Truck Pdf download free software