From: Jason Calacanis and the This Week In Team <team@thisweekin.com>
Date: Fri, Feb 10, 2012 at 5:01 PM
Subject: This Week In Startups--Greg Tseng of Tagged
To: Jason <jason@calacanis.com>
On This Week in Startups, Jason sat down with Tagged (http://tagged.com) co-founder Greg Tseng (http://twitter.com/gregtseng), an entrepreneur wise beyond his years. Greg not only has a great mentor in LinkedIn founder Reid Hoffman, but also works with an executive coach and has a whole team of people that he relies on for support. Listen as Greg shares his founding philosophy and what he believes is the core of entrepreneurship.
If you missed the live show, get your fix here: http://goo.gl/8WSgX
Or, you can jump straight to some of the best moments:
• 19 minutes in: Establishing Tagged's culture. Watch: http://goo.gl/wSv7a
• 31 minutes in: What's the role of an executive coach? Watch: http://goo.gl/sbXZv
• 47 minutes in: How Greg defines an entrepreneur. Watch: http://goo.gl/JMfHP
To spread the word about this insightful episode, just tweet this: "Watch @Tagged co-founder @GregTseng discuss executive coaching, establishing culture & relentless iteration on #TWiST. http://goo.gl/8WSgX"
Coming up this Tuesday, Feb. 14, we're celebrating our love for the work of i/o ventures (http://ventures.io/) founder Paul Bragiel (http://twitter.com/bragiel) by interviewing him. Check it out at 1pm PT to watch and discuss in the chat: http://thisweekin.com/live
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Thanks for your viewership and support!
Carolyn, TWiST Producer
@cbedgood
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TWiST #231 Greg Tseng of Tagged
0:00-2:15 Welcome everyone, we’re here today with Tagged founder Greg Tseng.
2:15-3:00 Special thanks to our friends at CNET and CBS Interactive for hosting TWiST on the road.
3:00-5:00 Thank you to our friends at MailChimp for their generous support. Everyone thank @mailchimp!
5:00-5:30 Welcome, Greg. How many monthly unique impressions is Tagged getting now?
5:30-7:30 What exactly is Tagged?
7:30-9:15 What did you think you could bring to social networking that Facebook couldn’t?
9:15-11:00 What is the sunk/cost fallacy?
11:00-12:30 What is social discovery? If I’m on Netflix and I liked this movie, then I might like that movie?
12:30-14:30 How does Tagged insert someone new into my network?
14:30-17:00 And you have your own game library, right?
17:00-18:15 Do you make money for the dating service of Tagged?
18:15-19:15 How much do you charge?
19:15-21:00 How did you establish the culture of Tagged?
21:00-22:45 Why do you think you’ve never had any leaks?
22:45-23:30 Greg: “A startup is like a roller coaster that goes up and to the right.”
23:30-25:30 Thank you to Sourcebits for sponsoring the show! Don’t get left behind--check out their amazing mobile apps at sourcebits.com.
25:30-28:00 Why are mobile apps so hot?
28:00-30:00 Think about the fact that the iPad didn’t even exist two years ago.
30:00-31:30 It’s very easy to forget about your personal health as a founder, isn’t it?
31:30-34:00 Tell me a little about the executive coaching. What is their role?
34:00-37:45 Does she actually give you language to use?
37:45-41:00 What were some of the roughest times at Tagged?
41:00-42:00 How much of the time did the legal issues take that year?
42:00-44:00 Another lesson learned: Controlling your public message.
44:00-45:15 Reid Hoffman: “If you’re not embarrassed by version 1 of your product, you took too long to release it.”
45:15-47:30 How do you keep daily releases from getting too manic or out of control?
47:30-50:30 You’ve been an entrepreneur for how long, about a decade? At its core, what do you think entrepreneurship is all about?
50:30-51:45 What do you do when you find out that you suck at something?
51:45-53:00 What’s the secret to hiring? Is it the toughest thing?
53:00-54:30 How have you been profitable for so long? Why aren’t you raising more money?
54:30-57:00 What do you think is going to happen in the next five years?
57:00-58:00 What inning is the Internet business in right now, do you think?
58:00-58:30 Do you consider Taiwan part of China?
58:30-59:00 If you’re an amazing developer, email your resume to greg@tagged.com.
59:00-1:00:00 We wish you continued success, Greg. Thank you for joining us.
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