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  7. Anticipate Success: Strategic Thinking with Mike Krieger, Instagram Co-Founder & Anthropic CPO

Anticipate Success: Strategic Thinking with Mike Krieger, Instagram Co-Founder & Anthropic CPO

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Video by: EO
Discover insights on navigating challenges and making tough decisions as an entrepreneur from Mike Krieger. Learn why anticipating outcomes and seeking advice can lead to successful strategic decisions for your business.
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0:00
When is it time to call it?
0:02
When does the chapter close?
0:03
I think one big piece of advice is I think we're often as entrepreneurs, we
0:09
have a lot of weight on our shoulders and between Instagram and artifact, I did
0:13
some angel investment and it's never positive news when an entrepreneur tells
0:18
you that a company doesn't work, but I've seen it before, you know, and so it's not
0:22
a surprise that some companies don't work out that's baked into the model.
0:26
And so I guess the advice I would give is really check in with your investors and don't...
0:31
I've seen entrepreneurs get stuck in this idea like,
0:33
I have to keep going because my investor expects me to.
0:37
And I think what they'll find is sometimes investors are like,
0:39
you're trying, you've tried it all.
0:40
all in this space, I think it's time to call it.
0:43
And that's OK.
0:44
And it's never a celebration, but it doesn't
0:47
have to be a tragedy either.
0:54
I'm Mike Krieger.
0:55
I'm currently the chief product officer
0:57
at Anthropic, which is an AI company based here
0:59
in San Francisco.
1:00
I co-founded Instagram and was its chief technology officer
1:03
from about 2010 to 2018.
1:07
So a nice, crazy journey that we had there, too.
1:09
So I did one other company with the same founders
1:11
Instagram called Artifact, which was an AI news startup.
1:13
and then joined Anthropic just under a year ago.
1:16
So it's been the kind of third chapter of my professional career,
1:19
and it's been a lot of fun so far.
1:25
Credit my dad for a lot of this.
1:26
He brought home a computer for us when I was about four.
1:29
I remember it had around Microsoft DOS still, didn't it? Windows.
1:33
But one of the things that was very cool is you can just type edit
1:35
and you would be able to open up the files
1:38
and all the even the apps that came with the computer.
1:41
And so I think I liked taking things apart and putting them back together.
1:44
And I think I really liked seeing how things worked.
1:47
So it sparked very early for me when I was just four.
1:50
When it came time to decide what my career was gonna be,
1:52
what was interesting was in Brazil at the time,
1:54
there wasn't really the same kind of technology industry
1:57
as there is today.
1:58
And so I didn't have any friends or parents, friends
2:02
who were working in tech.
2:03
And so I didn't really see it as a career for me.
2:05
I just thought it was a thing other people did.
2:07
And so it actually only really took me
2:09
until I came to California that I realized
2:12
that this childhood interest that I had
2:14
It actually was something that I could do as a career and make a whole living off of.
2:19
When I got to Stanford, I discovered that they had this degree program called Symbolic
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