E259: Steve Chen of ScreenDate on This Week in Startups



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On This Week in Startups, Steve Chen joined the show to discuss his angel investments and some of the challenges restauranteurs face today (Steve owns 5A5 Steak Lounge). Steve also gave us a sneak-peak at his new venture, ScreenDate.

1:00-2:45 Today we have another serial entrepreneur turned angel investor, Steve Chen.
2:45-3:15 Welcome Steve. How did we first meet?
3:15-7:00 Thank you to Squarespace for supporting the show! Everyone thank @Squarespace!
7:00-9:00 What happened with GoPlanIt?
9:00-10:00 How did the business do after launch?
10:00-12:00 Has starting a company become easier in recent years?
12:00-14:00 How many companies have you invested in to date?
14:00-19:45 Steve details why he knew that Space Monkey would be a fit as an investment.
19:45-21:00 Tyler: What was the hardest part about investing in Space Monkey? What hesitations did you have?
21:00-21:45 I don’t think Drew cares and I’ll tell you why: I’m not going to leave Dropbox.
21:45-24:00 Huge thanks to our friends at Trada for their support! Everyone thank @Trada!
24:00-26:00 Let’s talk about Alltuition: what did you love about them?
26:00-28:00 How much do you think the startup world today is driven by UX?
28:00-30:30 Looking at the design site Behance.
30:30-32:30 If you look at a company with great design but with few features, do you bet on it?
32:30-39:00 How did you become a restauranteur?
39:00-41:30 What’s the impact of early adopters in the restaurant business?
41:30-44:00 Steve discusses what he likes about Tyler’s company, Skweal.
44:00-47:00 Why do restaurant owners feel hostility toward Yelp?
47:00-50:00 Does a business have to pay a fee to be a part of OpenTable?
50:00-54:00 Can you buy traffic to OpenTable?
54:00-56:00 How would a digital menu work?
56:00-58:30 Is the perception that, if you have a loyalty program, you’re a failing restaurant?
58:30-01:00:30 Insight from Tyler: It’s like a used wedding ring.
01:00:30-01:04:30 What is the most unreasonable customer situation that you’ve ever had to endure?
01:04:30-01:09:00 Jason shares his best restaurant trick for clearing out a table from his dad.
01:09:00-01:12:00 Steve tells Jason about his new project, ScreenDate.
01:12:00-01:14:00 Is there a mobile component?
01:14:00-01:16:45 So does the algorithm work like page rank?
01:16:45-01:20:30 So this forces people to be realistic?
01:20:30-01:26:00 Insight from Tyler: It’s like British postage stamps?
01:26:00-01:27:45 Tyler shares an anecdote about a run in with a tall women.
01:27:45-01:30:00 Everyone check out ScreenDate.com. And be sure to eat at 5A5 Steak Lounge when you’re in San Francisco. Thanks Steve. We’ll see you all next time.
01:30:45-01:31:00 Insight from Tyler: It’s like patenting a nuclear weapon.

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