In today’s seminar, Jake Orrin, our legendary Director of Business Development, teaches us some business basics. After all, who needs an MBA when you work at a startup? One of the best parts about working at Quixey is the opportunity to learn about every part of the company.

Hope you enjoy the tales of Voltron, Scooby Doo and learn a thing or two about business!

 

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Thank you to everyone who made last week’s Quixey Challenge the most epic challenge yet, and a special congratulations to all the winners!

For those of you who don’t know, the Quixey Challenge is an opportunity for top engineers to fix a bug in 1 minute and win $100. We run the QC once a month. This month, 396 of the best engineers in the world (many from CMU, MIT, Palantir, Dropbox and other engineering powerhouses) took the challenge and 101 people won.

Here are a few key stats from Thursday’s Challenge:

  • Over 10,000 people came to quixeychallenge.com on challenge day, with an average visit time of over 6 minutes
  • Approximately 25% of people who took the challenge won
  • QC was on the front page of Hacker News for 10 hours
  • Every 4 seconds, someone took a practice challenge
  • Over 50% of wins happened in the last 2 hours of the challenge
  • The fastest winning time was 7 seconds
  • The average winner took a total of 15 minutes to qualify for the challenge, enter the queue and solve the challenge

Compared to our last challenge in December, we did a few things differently:

  • We made it harder to qualify. Instead of requiring contestants to solve one practice challenge in under a minute, we required them to solve three practices in any amount of time. We think the new requirement set the bar higher for contestants.
  • We offered a $50 bonus to anyone who referred a winner. Out of the 101 winners, 55 were referred. Surprise, surprise - smart people know smart people.
  • We had four operators. Last time we only had two operators, and the queue became an unwieldy 2-hour wait. This time, we doubled the number of operators and cut our peak wait time to 15 minutes. The average wait time was only 2 minutes. The result: 396 engineers took the January Challenge, compared to 197 in the December Challenge.

Our improvements worked – the January Challenge was our most successful one yet. Thanks to everyone who played and referred their friends!

We’ll keep representing the Quixey team’s passion for algorithms by running another challenge next month. Make sure to check Quixey Challenge later this week when we start the countdown to the February Challenge!

The Best-Kept Secret of CES

January 13th, 2012 | Posted by Quixey in Uncategorized - (0 Comments)

We just got back from our first ever Consumer Electronics Show (CES).

At CES we learned a little secret: it’s not really about what happens on the floor of the convention center.

For those of you who aren’t familiar with CES, it’s the world’s largest tech tradeshow. CES takes place every year in the Las Vegas Convention Center, transforming it into a nerve center of the latest tech products, ideas and deals.

This year there were 3100+ exhibitors, ranging from Samsung to Intel to Ford to TLYT, and it took up three separate conference halls in the Las Vegas Convention Center. Over 150,000 people flock to this tech mecca every year – consumers, buyers, press, exhibitors, advertisers and the rest of the tech world. The event spills over from the multi-million-square-foot convention center and takes over the entire city. Every hotel, restaurant and cab line is booked. Not to mention, every night, companies try to one up each other by throwing lavish suite parties and hosting bands in private clubs.

The press tends to hate on CES, mostly because of the logistical nightmares of attending an event this big. This year was no different. As you can imagine, it was an absolute madhouse – too many exhibitors, too many people and too much news. It was nearly impossible to walk from point A to point B, and it was nearly impossible for companies to stand out.

People often complain about the CES chaos, but they’re missing the point. CES isn’t just about the exhibits and the newest and coolest gadgets. It’s about what happens when people aren’t at the exhibits, behind closed doors, in private showrooms and executive meetings. The event is really about the deals that are made by the world’s largest tech companies. There are an insane amount of deals because CES is the only time every major tech executive is in one place.

Apple is famous for not being among the countless floor exhibitors at CES, but Apple is definitely there, in private meetings. Microsoft, which has always been a huge mainstay at the show, has decided to follow suit and announced that this year would be its last major keynote and exhibit presence.

We were fortunate enough to experience the real CES. Most of our partners were at the tradeshow, so we had back-to–back meetings every day. We sprinted between the Cosmo, the Aria, various meeting rooms in the convention center and dinner meetings. So many meetings, so little time.

It was awesome. We were able to make more progress in four days at CES than we would usually make in a month.

Here’s our takeaway from CES, and a piece of advice for other startups: if your partners are at CES and you plan on going, set up meetings ahead of time. If you leverage the conference correctly, it can be a fantastic opportunity to make deals happen.

CES isn’t just about the floor exhibits. CES is about the people and companies who come together to get deals done, to pave the way for yet another year of great products.

2011 was a huge year!

The year started with three of us crammed into one 10′x10′ office on University Ave in Palo Alto. We were in the prototyping phase.

By the end of January, we were preparing to scale, and it was time for a bigger office. We headed to Mountain View and set up shop in a medical lab building. We constantly joked about stealing liquid nitrogen from one of the labs (obviously, we never did).

In March, our seed funding closed. Tomer and Liron (our founders) had been working on Quixey for a year and a half, so funding was a big deal. Eric Schmidt’s Innovation Endeavors led the round. It was then time to release our product to the real world.

On April 7th, we launched our private beta and got our first TechCrunch article. When the news hit the press, the office was filled with excitement. We all stared at our screens, watching the beta account registrations and search queries. That was just the beginning.

Things started moving incredibly fast. By the end of April, there were six of us. By the end of May, there were ten of us.

In May, we sponsored TechCrunch Disrupt NYC, launched out of private beta, and our first round of summer interns arrived.

The summer was dedicated to growth, product development and partnerships.

In August, we raised another round of funding, outgrew our office and moved back to Palo Alto.

The current Quixeyplex

The Fall flew by. We sponsored another TechCrunch Disrupt, signed some partnerships, spoke at conferences and got some great press. Today we’re 22 people and moving fast. As a matter of fact, it’s just about time for a new office.

It was a great year. Here are a few of the team’s favorite moments of 2011:

Gabe Hendel
Business Development Account Manager
“Before we launched at TechCrunch Disrupt, we lived in the office for three days straight. We took the couch, turned it into a pullout bed and took turns sleeping for a couple hours at a time.  It was wonderful to see us all push each other to achieve a common goal. It was then I knew I had joined a team, not just a company.”

Pre-TechCrunch Disrupt, coding the static site

Jeff Fan
Design Lead
“My favorite moment was when I thought Liron was eating a giant chocolate lollipop, but in actuality, he was eating an entire hamburger patty off a silver knife. True story.”

Jake Orrin
Director of Business Developement
“One of the funniest moments of 2011 was trying to have a serious conversation with a CEO of a major search company at TechCrunch Disrupt while there was an ecstatic man dancing in a money machine behind him.”

It looked something like this
Eric Glover
Engineering Fellow
“In the early days of Quixey, at a VC pitch, we sat down and the VC mentioned he was having trouble finding apps for his kid. He asked Tomer (our CEO) to try searching, “games for 3 year olds.” We’d never tried a search like that, and all of us in the room were afraid we might get embarrassing results. The results were perfect, and everyone’s eyes lit up thinking, “these guys rock.” It was such a rush of emotion, opening a demo to a VC, letting them search whatever they wanted and trusting the system.”

Julia Lipton
Director of Marketing and Communications
“My favorite moment was at our Series A funding party at Innovation Endeavors when I looked around the room and saw our entire community under one roof. All the partners, investors, advisors and developers were having a great time, and people were looking to Quixey to do big things. That was just the beginning.”

Series A Funding Party
Dan Smolkin
Community Manager (an over achiever, he sent in three)
“The 30 Days in Pictures project was one of my favorite “moments” (actually 30) because it inspired me to capture something unique and interesting about Quixey every day. The project was an opportunity to seek out and create meaningful moments on a daily basis across the teams.”
Day 26: Our CTO updating the team on the Quixey Challenge
“I also remember quietly setting up a massive bouncy house in the back yard, trying to go unnoticed. Once it was fully inflated, I went into the office to find Tomer and Julia and told them, “I need you to come outside with me, right now.” Everyone jumped for joy (literally) when I opened the back door.”

“I’ve enjoyed making a ‘special moment’ for everyone’s birthday in some way. My favorite (aside from Liron’s Steak Cake Surprise) was setting up the search Easter Egg for Julia’s Birthday while she was abroad. It was incredible to see how everyone in the company banded together creatively.”

Liron’s birthday steak cake surprise
Tomer Kagan
CEO and Co-Founder
“My favorite moment was either our launch out of private beta at TechCrunch Disrupt NYC or our Series A celebration dinner at Il Fornaio. Both were times where I could look around and easily see us as a team.”
Launch day at TechCrunch Disrupt NYC –  7am May 23rd, 2011
Dor Carpel
Business Development Associate
“My favorite Quixey moment from 2011 was our launch at TechCrunch Disrupt in New York. Up until that point, we’d been working hard, and yet were not allowed to show off our accomplishments. Seeing how positively people responded to our technology ended up being inspiring and invigorating.”
Our Packed Booth at TechCrunch Disrupt

2011 was great. Now it’s time to put our heads down and get back to work. 2012 will be epic!