In this episode of my Foundation video series, I talk with Jawbone CEO and Founder Hosain Rahman. Hosain and I discuss the entrepreneurial environment at Stanford in the 1990’s, The Jetsons as design inspiration, and how his meeting with Steve Jobs shaped the future of Jawbone’s first product designs.
Hosain Rahman on Silicon Valley’s respect for founders:
“The optimism in ‘99 for ideas was incredible. It was unbridled. That optimism turned to darkness for years. I tell entrepreneurs now that it was not a founder-friendly Valley at all. ‘Come up with an idea as a founder, make it, and we’ll take it, thank you very much. We’ll hire a team, and you guys can hang out in the back somewhere.’
It was really frankly Steve Jobs and a few people like that, even [Mark Zuckerberg], who changed the course for how the investment community viewed founders running companies. You could build these great companies if you could help these guys become great managers and great leaders of businesses. I think that has been a wonderful transformation in the industry.”