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@ismettr

in 10 min. no wasted time. so compact. just perfect.

@sitrakaforler8696

00:02 Key points for starting a technical startup
01:21 Focus on daily and weekly problems for successful market entry.
02:37 Achieving growth is crucial for raising money in Silicon Valley.
03:53 PR can be done by founders in early stages
05:14 Fundraising strategy: Avoid needing money upfront
06:36 Having growth is the solution to fundraising problems.
07:47 Focus on people who understand your problem and can be initial investors.
09:04 Hire smart people to attract more talent and be transparent in offers

Made with Sitrak'Ai

@jamesyin3220

First slide: be single, have no children, and not in a job you like: that's it, you can start a startup!
I personally think every slide presented here is the reason why some people would say VCs hurt your startup instead of help it: everything here is to maximize the probability that the VC does not lose money on your startup, and not to maximize your chance of success.

@kokits

I dont like the vibe when the other YC dude joins him. When presenting alone this dude is such an effective and helpful mentor

@PrathamKhandelwal-v8i

00:02 Key points for starting a technical startup
01:21 Focus on daily and weekly problems for successful market entry.
02:37 Achieving growth is crucial for raising money in Silicon Valley.
03:53 PR can be done by founders in early stages
05:14 Fundraising strategy: Avoid needing money upfront
06:36 Having growth is the solution to fundraising problems.
07:47 Focus on people who understand your problem and can be initial investors.
09:04 Hire smart people to attract more talent and be transparent in offers
Crafted by Merlin AI.

@khmerxbxboi

I am 37 years back as a Grad in the STEM... Background as a designer ... I Work and save up capital. My goal right now os to bring into new tools and start a startup while working on my Grad Thesis ... Today on my free time from work and school... I am finally coding πŸ˜‚  next year calital gain grow!

@pranav3523

that's the best 10 min I've ever spend learning something. Precise, simple and insightful.

@Nykd14

always great to listen guy - fast without the fuzz

@saicharanjogu

🎯 Key points for quick navigation:

00:00 πŸš€ Introduction to Starting a Technical Startup
- How to start a startup with 2-4 co-founders,
- Importance of having financial stability for a year,
- The need for co-founders to quit their jobs before starting.
00:29 πŸ’‘ Brainstorming and Idea Generation
- Importance of team brainstorming and ownership of the idea,
- Preference for solving personal problems or those the founders deeply understand,
- Focusing on solving daily and weekly problems rather than infrequent issues.
01:38 πŸ“ˆ Market Research and Legal Incorporation
- Conducting an hour of research to understand the market,
- Using competitors' products,
- Incorporating in the US for raising funds from American investors.
02:05 πŸ› οΈ Minimum Viable Product (MVP)
- Importance of launching quickly,
- Advice to launch within two months,
- The necessity of user feedback for iterations.
02:48 🌱 Achieving Growth
- The primary importance of growth for raising funds,
- Strategies: experimenting with ads, focusing on reference customers, and ensuring usage equals sharing,
- Making sharing an integral part of product usage.
03:57 πŸ“’ Public Relations (PR)
- DIY PR strategies,
- Treating PR like business development,
- Building relationships with reporters and the importance of follow-up.
05:21 πŸ’° Fundraising Tips
- Positioning the company to not need money,
- Scheduling investor meetings tightly to create buzz,
- Focusing on growth to attract investors and using press to gain attention.
07:53 πŸ› οΈ Operational Efficiency
- Spending less money and paying attention to monthly expenses,
- Extending the runway by reducing costs,
- The importance of knowing and managing company expenses.
08:47 πŸ§‘β€πŸ’Ό Hiring Strategy
- Increasing the average talent with each hire,
- Being fair and transparent with offers,
- Hiring slowly and effectively, focusing on high talent over quantity.

Made with HARPA AI

@heavymetalrox268

This 10 min education is infinitely more valuable and game changing than 1 year at an MBA.

@dahcrown

I love listening to Michael Seibel

@WhyWouldYouDrawThat

I would add that a solo founder is far far far better than a solo founder + a 50% drag factor. i.e. where did you find your cofounder(s)? It’s not the idea (though it can’t suck), it’s the people who succeed (at most anything). Choose wisely, or not at all. Investors don’t like deadweight.

@SaadAlShiekhAli-sg4dl

wow, this content is something people would pay for

@DimaHuz-pv2bq

Big thanks to the man in this video for his efforts !

@BrianJOlds

This might be a single, most valuable piece of content on YouTube

@george_davituri

Michael Seibel shares wisdom, he is a legend.

@n0riintech

amazing summary in 10 mins! I will watch this with my co-founder.

@ShadUgata

So glad I found this.. thanks for the upload

@divykairoth

This delivered way beyond even the thumbnail