Mbp-728x90

Splash Talks

5

Laplanche: Innovation isn't an idea from scratch

Lending Club CEO and founder Renaud Laplanche shares his lessons in his Splash Keynote

Innovation series by Bambi Francisco Roizen
April 17, 2013 | Comments
Short URL: http://vator.tv/n/2ecf

Vinod Khosla, Silicon Valley VC and entrepreneur luminary, once said "Vision is bumbling around." And, I add, vision is also the art of taking someone's idea and making it better. We see that tons! 

Renaud Laplanche, founder and CEO of Lending Club, gave everyone a similar reality check during his Vator Splash keynote, the talks where founders and leading executives share their lessons learned about starting and scaling their companies. 

“You don’t always want to be innovative,” said Laplanche. “If you’re going in for surgery, you don’t want your surgeon to get innovative...  Very often, innovation is not an idea from scratch. It’s sometimes just recombining things that have existed before in different formats and making it better. In 1995, Inktomi was the way you searched the Web before Google came along. Apple didn’t invent the MP3 player." 

Watch the video for Laplanche's full keynote. Rebecca Lynn, Partner at Morgenthaler Ventures, made the keynote introduction.

Also see Phil Libin, CEO and founder of Evernote, who gave a Splash Keynote on the same night. 
Startup timing: From impossible to just really hard. 

(Laplanche spoke at our Splash SF event in February. Sharing their lessons learned about starting and scaling their companies at Splash LA on May 30 at the Hollywood Roosevelt will be Paul Thelen, founder and CEO of Big Fish Games, one of the hottest gaming companies, and Josh Berman, founder and CEO of Beachmint, one of the hottest social commerce startups in LA. Register here.) 


Related companies, investors and entrepreneurs

128261
Josh Berman
Beachmint.com
62756
Phil Libin
CEO,
Evernote
110933
Paul Thelen
Founder, Chairman a...,
Big Fish Games
Bio: Founder, Chairman and Chief Strategy Officer of Big Fish Games. He has an MBA from Stanford University and a Bachelor of Scienc...
128063
Renaud Laplanche
CEO,
Lending Club
Bio: Co-founder, CEO Lending Club

Related news


blog comments powered by Disqus

Featured Stories

Get-listed-300x250

Other episodes of this series

Video: Jeffrey Brewer at Vator Splash...

18783

Splash Talks

by Mitos Suson
Building out the artificial pancreas to treat diabetes

Video: Kaiser's Dr. Robert Pearl at Vator...

18781

Splash Talks

by Mitos Suson
The future of care; what will work and what won't?

Video: Daniel Kraft at Vator Splash Health...

18760

Splash Talks

by Mitos Suson
The Future of Health & Medicine: Where Can Technology Take Us?

Video: Doubledutch Founder Lawrence...

18410

Splash Talks

by Mitos Suson
How the company came up with its mobile events app and trials and tribulations of getting to scale

Video: Splash Talk - Startup M&A Framework

18409

Splash Talks

by Ezra Roizen
My new book on startup acquisitions: Magic Box Paradigm
Mbp-300x250