Office Hours with Michael Seibel
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- Опубликовано: 9 июл 2024
- Michael Seibel - / mwseibel - is a Partner and the CEO of YC.
He cofounded Justin.tv, which was in the Winter 2007 batch and Socialcam, which was in the Winter 2012 batch.
For this episode we took questions from the internet. If you have questions for a future office hours episode, just tweet them our way.
Read the transcript here - blog.ycombinator.com/office-h...
The YC podcast is hosted by Craig Cannon - / craigcannon
We're accepting applications from startups for the Winter 2019 funding cycle. Apply here - ycombinator.com/apply
Questions
00:00 - Why is YC worth 7% of your company?
6:00 - Generating leverage when fundraising
11:42 - Youssef asks - How did you validate your product market fit?
14:35 - LC Carrier asks - How does YC feel about companies who don't want to raise VC after the program?
16:40 - Edmilson Rodrigues asks - Do companies need to be incorporated already to participate in YC?
18:25 - Alex Rodriguez asks - What do you look for in startups that haven't had good growth but continue to push through (e.g. AirBnB) that makes you accept them?
26:25 - Fedor Paretsky asks - Do you have techniques you encourage to make pitches sound more exciting?
34:40 - David Chen asks - How to find mentors and advisors?
39:00 - building EatNeat asks - What if anything are you specifically looking for in a startup that wants to be a part of the Startup School 2018?
39:35 - Ryan Carl Mercer asks - What's your preferred way organizing your time?
40:40 - John Rigler asks - Can intrapreneurship be effective? I recently returned to IBM, have a patent, and yet have only vague ideas about how to signal and organize other like-minded folks. Could this path sabotage my dreams?
41:30 - Horacio Chávez asks - How would you approach an investor who says "I won't invest unless you have a patent"?
42:10 - Yahya Elamrani asks - Why does it feel like entrepreneurs aren’t marriage material? Should an entrepreneur look for an entrepreneurial spouse?
43:50 - Yahya Elamrani asks - How intense do you really have to be to found a startup?
48:25 - Is there a particular stage of company that's best served by Startup School?
50:10 - How do you get the most out of Startup School? 
Наука
Michael is a gift to all startups
He really is
I never comment on RUclips videos but just applauding Michael. I'm one of those strangers he mentioned who emailed him and he took time to respond. Much appreciated.
What's his email address?
@@chrysr7900 Did you get it?
Much love from Nigeria. We appreciate your funding efforts in our ecosystem.
The work put into this behind the scenes, along with the transcript and time stamps are incredible
Michael is a boss
yes i am 😉
Yeah this is a great conversation. Many strong points and solid information to think about!
Pumped for start-up school! Thank you.
These videos feel a lot more helpful to me personally than startup school. I think it's because I had a harder time understanding the content outside of theoretical knowledge
This is one of the best videos on life in the game of start ups. So many honest insights. Have experienced much of what Michael describes first hand 🙌
Brilliant and clear
Great great great ! ! !
27:42 MS: “when I think about doing the pitch, these are the things that actually stand out to me:
1: clarity and conciseness, more words are actually bad. When you feel like you are pitching for a long period of time, that’s a bad sign typically."
terrific
Quick question:
Do you have to be profitable before you can say you've hit "Product-Market-fit"?
Hilarious that this video included relationship advice
How much of what you said about the pitch around 28:00 applies to the YC application video. I couldn't tell how much the purpose video was to get to know the founder and hear them talk about the project vs. hearing a perfect pitch for the project.
Cheers guys, this was another good one. I’ll def sign up for start up school. Looking forward to it. In terms of start up school and the winter 2019 batch proper, are the timings set up to roll from SUS straight to the batch application and will a successful SUS experience give a head start in getting into the yc proper batch?
Yeah, the timing will line up. There's going to be a section in SUS dedicated to helping you prepare a YC application. We have a podcast coming up next week where Geoff and Adora will discuss the course in more detail. -Craig
Agree, Michael is great. He also responded to my email question, then I had the conundrum do I reply just to say thank you and clutter up his inbox or respect his time and not respond? I chose the latter but I did truly appreciate his response. Thank you Michael :)
I think, the moment of sincere gratitude is never waste of someone's time. 😉
If you pitch your friends/family, don't ask if it's a good idea. Of course they'll say it's great. Instead, ask them to explain it back to you and remain silent. If they can't explain it, you've failed at getting your message across.
... I feel you can say a lot after you become successful ... there are a lot of luck involved in the early stage of success.
@1.18. Why is it there is less dilution? As in yc companies typically have higher values thus less percentage for the investors cash?
Yeah. They raise on higher valuations so the money they need to operate represents a smaller percentage of the company. However, if a company just tries to raise as much as possible without a good use for it they can lose this advantage and end up quite diluted. Sam talked about this in his post 'Dilution'. - Craig
blog.ycombinator.com/dilution/
I like YC leadership team values.
I just want to see Michael in a movie (Hollywood, web series). No, I'm serious.
Camera used?
Canon 70D
Michael, does Y Combinator partner with religious product start ups and ideas. I have several. Billions using old days manner. Many that can be start-up’ised. Many at inflection point.
9:51 Where will we be in 18 months time.. In the middle of the largest pandemic for over 100 years.
32.50
Greedy 7%:)
Que iluso es don Néstor, claramente que el sii no va hacer nada pues .
This is serious talk, why the host keep laughing.
Nervous probably
Clearly you don't know what humor is.