Yolanda Yeh ’15, Quirky

Mak­ing inven­tion acces­si­ble. That is the con­cept, the rea­son why a boldly pur­ple com­pany exists – to empower peo­ple to invent and to give great ideas a chance to come to life. This is the mis­sion of Quirky, a rapidly grow­ing startup in New York City, where I had the plea­sure of spend­ing my spring break.

Although I only spent a few days there, this Princetern­ship gave me a unique win­dow into startup cul­ture, leav­ing behind the aca­d­e­mic rig­ors on cam­pus and begin­ning to under­stand the excite­ments of the entre­pre­neur­ial world out there. Warmly wel­comed by our Prince­ton alumni host Nikki Laf­fel Kauf­man ’07, and Suzan­nah Kerr on the first day, we were soon off, meet­ing peo­ple of all depart­ments that are grow­ing the com­pany together. 

I was exposed to a vari­ety of depart­ments I had never con­sid­ered, rang­ing from design to sales to oper­a­tions and more. Every­one was so pas­sion­ate about what they were doing, so will­ing to explain and answer any ques­tions, excited about the com­pany, pumped about the future, and invested com­pletely in their poten­tials and the power entrusted to them. Peo­ple hung out in the kitchen, joked out loud in the main work­ing space, laughed, thought, and through all of that – solved stim­u­lat­ing prob­lems with cre­ativ­ity and focus. I caught a glimpse of the chal­lenges each part of the com­pany wres­tles with and was more impor­tantly, inspired by the con­fi­dence with which each per­son approached these chal­lenges. Get­ting advice about every­thing from how to make the most of col­lege to prepar­ing for the life beyond, I learned not only about spe­cific career paths, but also more broadly about the value of tak­ing risks and jump­ing at oppor­tu­ni­ties that may take you on a path you may have never imagined.

Nikki Laf­fel Kauf­man ’07, Quirky Staff, and Princeterns

 

My Princetern­ship expe­ri­ence at Quirky ended with my par­tic­i­pa­tion in their company-wide prod­uct eval­u­a­tion meet­ing, a won­der­ful expe­ri­ence that exem­pli­fied col­lab­o­ra­tion and the open­ness of the Quirky com­pany cul­ture. My biggest take­away from the peo­ple at Quirky is the notion that it is by going for the things we love and work­ing hard at them that we give our­selves the oppor­tu­nity to find a career where work does not feel like work. I learned that most spe­cific skills can be picked up on the job so that it is really about pur­su­ing your curiosi­ties and devel­op­ing the capac­ity to think and prob­lem solve that can be applied any­where. As an aspir­ing inven­tor and entre­pre­neur, I believe my expe­ri­ence at Quirky was invalu­able and would strongly rec­om­mend it to any curi­ous stu­dents. Many thanks to my hosts and Career Ser­vices for giv­ing me this opportunity

AJ Swoboda ’15, Famzoo.com

I spent three of my Spring Break days work­ing with the CEO of FamZoo.com and Prince­ton Alumni, Bill Dwight ‘84. As a start up with only two employ­ees, Fam­Zoo “head­quar­ters” are located in Bill’s house in Palo Alto, CA. Fam­Zoo is an online vir­tual credit union that helps kids learn good money man­age­ment skills.

I started my first day, Mon­day, being toured around his home and office, fol­lowed by a 30-minute Skype chat with Bill and Chris Beau­fort — FamZoo’s other employee and Bill’s for­mer Prince­ton room­mate — about what they do each day, where they’re try­ing to direct the com­pany, etc. After our chat, Bill con­tin­ued to describe all that he does at Fam­Zoo. He talked about how he makes deci­sions (based heav­ily on ethics), how he inter­acts with users on FamZoo’s web­site, and finally how the com­pany has recently shifted and realigned its focus group — first, the com­pany focused on get­ting month-to-month pay­ments made by indi­vid­ual fam­i­lies, but now it has shifted to big­ger reg­is­tra­tion time peri­ods and has switched to focus­ing on sign­ing credit unions  and banks to make part­ner­ship deals. Bill also showed me how he keeps track of every con­nec­tion he or Chris has made in the past. Through using a pro­gram called High­Rise, Bill can effi­ciently man­age con­tacts, remem­ber how Fam­Zoo is con­nected to indi­vid­u­als and com­pa­nies, and find appro­pri­ate times to fol­low up with said contacts.

After get­ting sand­wiches for lunch, Bill and I came up with a project for me to work on on the side as I con­tin­ued to watch/learn from Bill’s day-to-day oper­a­tions. It was my job to fig­ure out how Fam­Zoo can increase its com­pany pres­ence on LinkedIn.com, and then begin to imple­ment some of these changes.

AJ and Bill

Tues­day was filled with two major events. First, I lis­tened in on a demo-call that Bill gave to a poten­tial Credit Union part­ner that was inter­ested in work­ing with Fam­Zoo. Through the hour long demon­stra­tion — which Bill knocked out of the park — I got a first-hand look at what FamZoo’s hard sell looks like, how Bill politely inter­acts with his cus­tomers, and the sheer power of a web­site like Fam­Zoo. I spent the remain­der of the day fill­ing out FamZoo’s LinkedIn Com­pany Page. I researched what all com­pa­nies can do on LinkedIn, talked with Bill to pin­point the best options, and then began to add ban­ner images, links, and descrip­tions to the page. The rest of the after­noon flew by as I exper­i­mented with addi­tions to the LinkedIn page.

My last day, Wednes­day, started with another demon­stra­tion with yet another poten­tial credit union part­ner — one of the biggest credit unions in the US in terms of cap­i­tal. After this sec­ond demo, I fin­ished off the day design­ing and edit­ing FamZoo’s LinkedIn Page. I left with the final “prod­uct” being a three step sequence for view­ers to fol­low in order to learn more about the com­pany, find out how they can part­ner with Fam­Zoo, and see all the reviews of Fam­Zoo from tons of credit unions and users of the web­site. Finally, I spent some time tin­ker­ing around with the web­site and all of its func­tions, and giv­ing Bill any feed­back I had dur­ing that time.

This blog pretty much sum­ma­rizes all that I did dur­ing my time with Fam­Zoo. I def­i­nitely rec­om­mend par­tic­i­pat­ing in the Princetern­ship pro­gram, it’s well worth your time.

Lauren Morera ’15, Visionary Capital

Com­plet­ing the Princetern­ship at Vision­ary was def­i­nitely a unique expe­ri­ence that I won’t soon for­get.  The orga­ni­za­tion itself was run very dif­fer­ently than I expected, and the actual work the com­pany did was less finan­cial than I expected it to be. I spent two days work­ing in New York with the Vision­ary team.  Vision­ary is like the e-harmony of busi­ness and is an out­growth of the older Vis­Cap model founded by the same Prince­ton alumni as Vision­ary, Alex Salz­man ‘07.  The time dur­ing the Princetern­ship was very excit­ing for Vision­ary because the orga­ni­za­tion was spon­sor­ing the Wall Street Green Sum­mit at the time.  This allowed me to see all the behind the scenes work that goes into a con­fer­ence and all the logis­ti­cal issues that can arise when more than one group of peo­ple is attempt­ing to run the same con­fer­ence.  My first day was mostly spent help­ing Vision­ary with some admin­is­tra­tive work on Sales­force by orga­niz­ing the con­tacts that Vision­ary would be invit­ing to the clos­ing recep­tion of the Sum­mit the fol­low­ing day.  Alex also let us lis­ten in to some calls which was inter­est­ing and this allowed me to get a bet­ter feel for what the busi­ness was.  At the end of the first day we went over to see the venue for the con­fer­ence where we would be meet­ing the next day.

Lau­ren, Alex Salz­man, and fel­low Princetern Kyle

On Tues­day Kyle, the other stu­dent on the Princetern­ship, and I met at the con­fer­ence venue where we spent the day talk­ing to var­i­ous pro­fes­sion­als in ‘Green’ fields.  We met peo­ple who worked for green invest­ment banks and green man­u­fac­tur­ing com­pa­nies and I thought that these inter­ac­tions were extremely valu­able because they allowed me to get expo­sure to a unique and inno­v­a­tive field of New York pro­fes­sion­als.  At the end of the sec­ond day we went to the recep­tion hosted by Vision­ary where we met some other pro­fes­sion­als, but mostly talked to Prince­ton alumni who also worked at Vision­ary and gave us their per­cep­tions of the field.

I would really like to thank Alex for giv­ing me the oppor­tu­nity to work with the com­pany and learn both about myself and Vision­ary through this process.

 

Janie Gu ’15, Quirky

For my Princetern­ship, I worked at Quirky, a startup com­pany in social prod­uct devel­op­ment and indus­trial design. Each week, hun­dreds of peo­ple from the site’s online com­mu­nity, called “ideators,” sub­mit their ideas for inven­tions online. The ideas can be any­thing that isn’t already on the mar­ket, with the only require­ment being that the prod­uct ideas must retail for less than $150 and should not be software-based. The com­mu­nity then votes on sub­mis­sions, and final selec­tions are made by the Quirky team. From that point on, the com­mu­nity par­tic­i­pates in the devel­op­ment process, includ­ing design, nam­ing, col­ors, logo, and mar­ket research, along­side pro­fes­sional engi­neers on the Quirky team. Final prod­ucts are sold through two main avenues: 1) the online site and 2) Quirky’s retail­ers, includ­ing Tar­get, Office Max, etc.

On the first day, our host, Nikki Kauf­man ’07, who is Head of Peo­ple and Cul­ture (the Quirky ver­sion of Human Resources), and Suzan­nah Kerr, who works along­side her in the depart­ment, gave us the full tour of Quirky’s new home in west­ern Man­hat­tan. The office was an expe­ri­ence in itself, as it clearly reflects the unique cul­ture and per­son­al­ity of the com­pany, with beau­ti­ful glass fur­nish­ings and mod­ern dec­o­ra­tions con­trasted against the array of sinks, lock­ers, and other ran­dom objects taken from an ele­men­tary school in the Bronx.

We were then given an hour to sign up for and get to know our way around the site, quirky.com, and pre­pared to make a mys­tery call to the Com­mu­nity Team, which is respon­si­ble for inter­act­ing with the online com­mu­nity and answer­ing ques­tions from con­sumers, design­ers, and inven­tors. We then met with Quirky Com­mu­nity Ambas­sador, Baron, who gave us an overview of what his job entails and what he does on a daily basis. He explained the chal­lenges of work­ing with pub­lic rela­tions and cus­tomer ser­vice at a com­pany like Quirky that has such a unique busi­ness model and works with such a wide vari­ety of products.

We then met with Bret, Quirky’s Head of Mar­ket­ing, who intro­duced us to Quirky’s mar­ket­ing strat­egy, chal­lenges, and oppor­tu­ni­ties. He explained how Quirky’s brand revolves not around a spe­cific indus­try or lifestyle, but rather the sto­ries of its inven­tors. He then chal­lenged us to come up with our own mar­ket­ing strat­egy to help Quirky take advan­tage of the month of May, which is gen­er­ally cel­e­brated as Inven­tors’ Month. This gave me some insight into what a mar­ket­ing direc­tor does on a daily basis and the many con­sid­er­a­tions he must make to sell his product.

Janie, Nikki Laf­fel Kauf­man, Princeterns, and Quirky Staff

 

We then met with Gaz, Quirky’s Head of Prod­uct Design, who intro­duced us to some of the fac­tors to con­sider when eval­u­at­ing / select­ing idea sub­mis­sions for Quirky to pro­duce. He then took us through the pro­duc­tion process from selec­tion to brain­storm­ing, pre­lim­i­nary design, pro­to­typ­ing, launch­ing, tool­ing, man­u­fac­tur­ing, and finally sales.

The next day, we delved deep into the details of the oper­a­tions of the com­pany, first meet­ing with Julie, who han­dles Quirky’s man­u­fac­tur­ing in China and sourc­ing sup­pli­ers, who gave us an overview of how she coor­di­nates the company’s over­seas oper­a­tions and makes sure that all the logis­tics and details of each prod­uct are com­mu­ni­cated to the right peo­ple. For exam­ple, she told us about one mis­com­mu­ni­ca­tion between Quirky’s engi­neers and the Chi­nese engi­neers at the fac­to­ries; this led to a huge recall of prod­ucts and enor­mous losses. We then met with Nancy, Demand Plan­ner, who works to ensure that demand is always being met and that prod­ucts are always on the shelves when they need to be. She explained how this job is espe­cially dif­fi­cult at a com­pany like Quirky, that pro­duces so many dif­fer­ent prod­ucts that there is no past data from which to draw pre­dic­tions about demand. Lastly, we met with Justin, who han­dles Quirky’s logis­tics and dis­tri­b­u­tion chan­nels. This involves dis­trib­ut­ing the prod­ucts, once they’re sup­plied, to people’s homes and the stores of dif­fer­ent retail­ers. These meet­ings gave me invalu­able insight into the field, because until then, I hadn’t truly under­stood what the job of “Oper­a­tions” entailed and I def­i­nitely hadn’t real­ized the mul­ti­tude of tasks that Oper­a­tions depart­ments do on a daily basis.

The next day, we met indi­vid­u­ally with our depart­ments of inter­est. I met with Nathan, Quirky’s Head of Tech. This meet­ing was espe­cially valu­able to me since I was able to learn about the tech­nol­ogy and web devel­op­ment side of Quirky, and also gave me the oppor­tu­nity to talk to some­one who had sim­i­lar goals and inter­ests to me. Nathan shared his diverse and fas­ci­nat­ing life expe­ri­ences with me, from being an Eng­lish major in col­lege to work­ing at Google and briefly in entre­pre­neur­ship before com­ing to Quirky. He gave me incred­i­bly help­ful advice on hon­ing my tech­ni­cal skills, get­ting intern­ships, pick­ing a major, and career development.

We then met with Chad, Quirky’s Head of Sales & Busi­ness Devel­op­ment, who told us about sell­ing the Quirky prod­ucts to var­i­ous retail­ers and buy­ers. His open­ness and easy­go­ing nature also made me real­ize the impor­tance of net­work­ing and inter­per­sonal rela­tion­ships. Lastly, we par­tic­i­pated in Quirky’s weekly Eval­u­a­tion meet­ing, where the entire com­pany meets to dis­cuss the week’s prod­uct sub­mis­sions and chooses the best ones for the com­pany to produce.

This expe­ri­ence at Quirky was invalu­able for me. Espe­cially since it is such a small com­pany, I had the chance to observe all the aspects of the busi­ness, from engi­neer­ing and design to mar­ket­ing and oper­a­tions. In addi­tion to gain­ing insight into a wide range of career paths, I received career advice from sev­eral pro­fes­sion­als in fields rel­e­vant to my own inter­ests. I also thor­oughly enjoyed hear­ing about the diverse life expe­ri­ences of the Quirky team, many of which were infi­nitely dif­fer­ent from my own, and just being a part of the fun, open, and col­lab­o­ra­tive cul­ture at Quirky. I would def­i­nitely rec­om­mend this Princetern­ship for any­one who is inter­ested or even con­sid­er­ing the pos­si­bil­ity of work­ing in the prod­uct devel­op­ment indus­try or at a startup.

Reena Glaser ’14, Quirky

I was lucky enough to spend my spring break at Quirky, a startup com­pany in New York City that works to make “social prod­uct devel­op­ment” a real­ity.  In other words, Quirky asks any­one from any­where in the world to sub­mit their ideas for inven­tions, and then if that idea is cho­sen, their entire team will work to try to turn that idea into a prod­uct on inon the mar­ket.  Pretty cool, right?  Even bet­ter, I got to take part in the process this week for choos­ing the ideas that the com­pany will work on and so much more.  I had the chance to meet with employ­ees with many dif­fer­ent spe­cial­ties within the com­pany rang­ing from prod­uct design to brand man­age­ment to oper­a­tions.  So much hap­pened in only three days, and as a result, this Princetern­ship has given me a life-changing per­spec­tive about my career search.

When I arrived, I met the other two Prince­ton stu­dents who were involved in this expe­ri­ence with me and we were given a full tour of the new Quirky head­quar­ters.  This office was unlike any­thing I had ever seen: the con­fer­ence rooms had glass walls so that the space felt open for col­lab­o­ra­tion.  The tables in each room were designed by the Quirky team and were sup­ported by unique objects such as sinks, toi­lets, and high school lock­ers.  The main office space was also a large open room so that there was no sep­a­ra­tion among employ­ees and depart­ments.  This setup really cap­tures the atmos­phere of Quirky where every­one works together on all of the steps in the prod­uct devel­op­ment process and where every­one is enthu­si­as­ti­cally engaged in the company’s mis­sion.  This was demon­strated to us as well; even though we were hosted by one per­son, we still had the chance to fully inter­act with over fif­teen other employ­ees and depart­ments.  Our expe­ri­ence really showed the team-oriented envi­ron­ment of Quirky and the hard work that is put in by all of the peo­ple who work there to make their com­pany successful.

Reena, Nikki Laf­fel Kauf­man, fel­low Princeterns, and Quirky Staff

Most impor­tantly, I want to take this oppor­tu­nity to once again thank our alum, Nikki Laf­fel Kauf­man ’07, for mak­ing this Princetern­ship pos­si­ble.  I got my first real expe­ri­ence in busi­ness and I met a wide range of peo­ple who have been valu­able resources in help­ing me fig­ure out my next step in my career jour­ney and to learn about the real types of oppor­tu­ni­ties that are out there.  The peo­ple at Quirky are what really make this com­pany incred­i­ble, and I am deeply grate­ful to have got­ten to spend time with them over the past three days.  Thank you again, Nikki and the entire Quirky team, for mak­ing my spring break unforgettable!

Kyle Douglas ’15, Visionary Capital

Alex Salz­man ’07 and I first met before a speech he gave at Career Ser­vices a cou­ple of weeks before my Princetern­ship. As it turns out, he lived in the room next door to mine when he was a fresh­man; look­ing back, some­thing as lit­tle as this helps engrain in my mind that entre­pre­neur­ship and our career paths start right here, right now.

Alex’s newest project is Vision­ary, an off­shoot of a com­pany he co-founded called Vision­ary Cap­i­tal, an invest­ment firm for the media and tech­nol­ogy sec­tors. There wasn’t much struc­ture to the Princetern­ship, but that reflects the way Alex works—he is spon­ta­neous, and in this way he is suc­cess­ful. What Vision­ary does is estab­lish a net­work of entre­pre­neurs, ven­ture cap­i­tal­ists, and other investors or fig­ures seek­ing rela­tion­ships, espe­cially, but not exclu­sively, in broad “green” or social entre­pre­neur­ship sec­tors. It’s what Alex calls “eHar­mony for busi­ness.” Before the Princetern­ship, I tried my best to help col­lect con­tact infor­ma­tion for small angel and ven­ture cap­i­tal groups or cam­pus entre­pre­neur­ship groups through the region and e-mail some over to Alex. Then on the first day, Lau­ren and I entered and updated con­tact names and orga­ni­za­tions in Visionary’s online net­work, such that an employee (another alum) could call invi­tees of Alex’s net­work­ing cock­tail event the next day, had they not already been called. We also lis­tened in to Alex’s con­ver­sa­tions with fig­ures in indus­try to learn about how he sets up meet­ings and estab­lishes con­nec­tions. Later on the first night we were sup­posed to attend a net­work­ing event to help pro­mote Vision­ary, but there was a busi­ness con­flict between Vision­ary and the CEO of the com­pany spon­sor­ing the event. That fell through; while it was dis­ap­point­ing, Alex looked at it as a les­son learned about deci­sions, rela­tion­ships, suc­cess, and fail­ure in gen­eral. On Tues­day, we lis­tened in on inter­views Alex held for entre­pre­neur­ial speak­ers at the Wall Street Green Sum­mit (WSGS), so we were able to learn about their ser­vices and inter­ests through­out the morn­ing and early after­noon. Dur­ing and after lunch, we spoke to entre­pre­neurs and speak­ers on break and intro­duced them to Vision­ary, its goals, and its net­work­ing event later that night. I wasn’t exactly pre­pared to be an advo­cate for the com­pany and intro­duce myself and Vision­ary to atten­dees of the WSGS, and I didn’t know what exactly I was going to be doing before­hand, but to me it was inter­est­ing and an oppor­tu­nity to be assertive. Finally, in the evening we worked at check-in for Alex’s cock­tail net­work­ing event down the street from where the WSGS was held. A cou­ple of the busi­ness­men at the event stopped to talk to me about what they do, which was really cool..

What I learned the most from this Princetern­ship expe­ri­ence was nei­ther about entre­pre­neur­ship nor ven­ture cap­i­tal, but about busi­ness in gen­eral. I was able to see both sides of Alex’s pur­suits: his suc­cesses and his fail­ures. On one hand, the con­flict that he had with the CEO of the com­pany host­ing the WSGS on Mon­day night resulted in a lengthy but respect­ful dis­cus­sion out­side the event, so I could see first­hand that things rarely go as planned and inter­ests so often con­flict. I also saw first­hand how dif­fi­cult it is to “make a name for your­self” in entre­pre­neur­ship and the busi­ness world because spread­ing the word about Vision­ary was not easy; some­times the best way to stand out is to phys­i­cally intro­duce your­self and make a sort of pitch. On the other hand, Alex’s net­work­ing event was very suc­cess­ful and the atten­dance was far higher than he had expected. At din­ner after the event and through­out both days, Alex told us about his strug­gles and his suc­cesses. We also had the chance to learn about the unique expe­ri­ences of other Prince­ton grad­u­ates work­ing for him. To me, learn­ing about how Alex and his employ­ees acted when things didn’t go as planned and how they made deci­sions was the most valu­able func­tion of the Princetern­ship. Although I am still not totally sure about my future plans and whether they will include entre­pre­neur­ship, this expe­ri­ence solid­i­fied that what­ever path I take will include many suc­cesses and many fail­ures; we sim­ply have to learn from both.

Fel­low Princetern Lau­ren, Alex Salz­man, and Kyle

I would cer­tainly rec­om­mend this Princetern­ship to oth­ers in the sense that through it, you will learn about suc­cesses and fail­ures in the real world. This spe­cific pro­gram will likely not be the same in the future because so much of it was on the spot, but if you are spon­ta­neous and at all inter­ested in ven­ture cap­i­tal, this is an awe­some way to spend two days in New York. I even had the chance to walk through the city for a lit­tle over an hour and meet up with friends. As some­one who hasn’t spent much time in the city, this was also pretty exciting.

For any Princetern­ship, I would empha­size that com­mu­ni­ca­tion with your alum is most valu­able. From learn­ing about their sto­ries, maybe you will learn about your­self. At the very least, I saw that some deci­sions don’t work, but they must be made and their effects serve to teach.

 

Julian Dean ’13, Visionary Capital

On Tues­day, March 20, dur­ing Spring Break, I par­tic­i­pated in a Princetern­ship at Vision­ary in New York City, hosted by Alex Salz­man ’07. Vision­ary is a recently founded com­pany that works to match busi­ness­peo­ple includ­ing investors and entre­pre­neurs, par­tic­u­larly those focus­ing on green tech, social entre­pre­neur­ship, and sustainability.

I came on the sec­ond day of the Wall Street Green Sum­mit, a con­fer­ence for peo­ple inter­ested in sus­tain­able and “green” finance. Vision­ary was host­ing a recep­tion after the event. My con­tri­bu­tion was to encour­age as many peo­ple as pos­si­ble to attend.

I began in the morn­ing at the head­quar­ters in Brook­lyn where a team of employ­ees, mostly Prince­ton alumni, were call­ing invi­tees to fol­low up and encour­age atten­dance. I iden­ti­fied con­tacts and pre­pared mate­ri­als for the conference.

Julian, Alex Salz­man, and fel­low Princetern Kyle

Around lunchtime I moved to the con­fer­ence in Man­hat­tan, where I described the recep­tion to con­fer­ence atten­dees and pro­vided them with mate­ri­als and sur­veys about the event. After the con­fer­ence I attended the recep­tion and fur­ther described Vision­ary to atten­dees and encour­aged them to inves­ti­gate participation.

It was inter­est­ing and ener­giz­ing to expe­ri­ence the fast pace of a new startup. I quickly learned the fun­da­men­tals of the busi­ness so that I could describe Vision­ary, and the post-conference recep­tion, to con­fer­ence attendees.