Behind the Scenes of a Mega-Unicorn [Entire Talk]
Culture
Part of Series
Entrepreneurial Thought Leaders
Season
Season 19
Episode
6
Austin Russell is the founder and CEO of Luminar, the 27 year old global leader in automotive lidar hardware and software technology. Under Russell’s leadership, Luminar has developed the first lidar and software technology capable of power producing autonomous vehicles, has amassed over 50 commercial partners including the majority of the world’s largest automakers, and went public on the Nasdaq in December 2020 with a current market valuation of approximately $7 billion. In this conversation with Stanford adjunct lecturer Ravi Belani, Russell explains how he put his company on the path to enormous success through unconventional choices and a strong core mission.
Video clips from: Behind the Scenes of a Mega-Unicorn [Entire Talk]
- 2:36Curiosity, drive, and passion are keys to success at any point in life.
- 2:55Find the right person at the right company to be your champion.
- 49:19Unconventional approaches can lead a startup to uncommon success.
- 3:02Base your company’s holistic mission on the greater purpose of what you are building
- 2:23When everyone else is overpromising and under-delivering, there is value in under-promising and over-delivering.
- 4:01Making money is a byproduct, not the end result of entrepreneurship — so find a bigger purpose.
- 2:39If everyone is talking about an industry, it’s already packed with competitors.
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