He Became A Stanford Professor At 25 And Just Raised $66 Million To Help You Understand Your Data
Peter Bailis left academia and formed an incredible team that is tackling this problem. They’ve already raised tens of millions of dollars to do it, and partnered with some incredible businesses. Peter and I recently recorded a new episode of the Dealmakers Podcast together. We talked about his journey into computer science and entrepreneurship, the future of business, the top challenges facing companies of all sizes today, fundraising, how to pick your first customers, and his top advice for new founders.
We’ve all got access to lots of data now. There’s, even more, we could tap into. Yet, even the best still struggle with understanding what those metrics mean and gleaning truly actionable data to drive better decision making in everyday business operations.
Peter Bailis formed an incredible team that is tackling this problem. They’ve already raised tens of millions of dollars to do it, and partnered with some incredible businesses.
Peter and I recently recorded a new episode of the Dealmakers Podcast together. We talked about his journey into computer science and entrepreneurship, the future of business, the top challenges facing companies of all sizes today, fundraising, how to pick your first customers, and his top advice for new founders.
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Listen to the full podcast episode and review the transcript here.
Here is the content that we will cover in this post. Let’s get started.
- 1. From Omaha To Academia
- 2. Teaching At Just 25
- 3. Application & Doing The Hard Things
- 4. The Big Itch & Going All In
- 5. Fundraising
- 6. Selecting Your Best Customers
From Omaha To Academia
Bailis was born and raised in Warren Buffett’s hometown of Omaha, Nebraska. It’s a small-town atmosphere with the occasional excitement of launching model rockets and basement bands.
Peter credits a lot of his influence to his mentors and teachers. Starting with his high school math teacher. He read a lot, learned about Chaos Theory, and was inspired by folks at MIT and what was happening at universities on the East Coast.
In high school, he built mathematical visualizations and wrote programs for Python. Yet, he always knew there was a bigger world out there. He packed his bags and headed for Harvard, where he took up computer science.
Teaching At Just 25
Peter went on to get his doctorate at Berkley and when he was just 25 years old was offered a position as an assistant professor at Stanford. It is probably the number one school in the world for entrepreneurs for a variety of reasons. There many of his students were older than he was.
Though he was also fortunate to find a great group of students to work with and enroll in research.
Application & Doing The Hard Things
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