Chapters (Powered by ChapterMe) - 00:00 - Coming Up 00:13 - The Worst Investor Meetings Ever 00:37 - Keeping Founders Waiting 02:23 - Status Games 02:51 - Investors Process Is Their Products 05:16 - Advice For YC Founders: Believe The No But Not the Why 05:31 - A Grade Investor 05:49 - Advice Summary 06:37 - Investors Leverage Before and After YC 07:46 - Have A Game Plan 11:31 - Who Is A Good Investor? 13:53 - Investor Updates 14:34 - Investor Known For Testing Founders 16:09 - Investor Meeting Is A Two-Way Street 16:44 - Who Is The CEO? 18:15 - You Should Know Who You Are Meeting With 18:51 - Awkward Question Crossing Personal Line 20:13 - Good Investor 20:58 - Worst Investor Meeting: Why You Are Doing A Company Anymore 22:36 - Being Professional 23:53 - Being Smart vs Adjusting Pitch Based On Investor Feedback 25:27 - Outro: Point Of Your Startup
@ 20:00 it’s not an inappropriate question to ask imo, founders who are couples, typically husband and wife founders tend to have more chemistry but have low success rates.
Believe it or not, these are my favorite videos. It’s way better to know about awkward situations up front instead of sugar coating and overlooking it
Talk to customers 1000x more than to investors.
the investor is literally putting money into your company, its not inappropriate or out of line to ask if the founders of the company are dating or not, for example they could break up and it would negatively effect the company's future. there are too many potential downsides if founders are romantically involved.
Asking whether the co-founder or co-board member are dating or romantically involved is not unprofessional. It is important for governance purposes.
For the founder of Algolia, i think it's kind of normal to ask whether the co founders are dating. Because it might be that their assumption was out of goodwill, and in that investors experience, power couples start and grow startups together.
It makes sense to ask if founders are in a relationship. 🤷♀️
The question concerning the relationship of the founders is absolutely relevant (19:30), not sure why it is weird. Relationships determine the behaviour of people towards each other, there are enough business that suffered due to a divorce e.g.
When you ask for advice you get money 😂😂😂 - Brad Flora, YC Partner
19:41 this chick is the reason there was a me too movement, it’s important for an investor to know it you and your co founder are dating, how do you not know that!?
I love Michael's reactions to the first story 😆
Can you make a video on what not to do when pitching ? Pitching horror stories.
Embracing difference is hard work. They did it. Thank you all - as an online volunteer ( I don't like Word, bot )
One thing I really don't like about many accelerators and incubators is they make founders feel like investors are some kind of demigods. Whereas this should be ideally investors reaching out to founders.
the girl on 19:00 mins obviously cannot think clear of why the investors ask some kind of questions...there are no bulshit woke boundaries when money talks... they can ask any questions ..if you are offeneded uou are not capable of running a company.Dtaing your life partner or someone you cowork with many times lead to bad situation and they want to know that... pure logic... where did true business hard mindset gone ?
had a couple of bad ones this month. I really needed this. Thnk you YC!!!!!
Why are you guys so good at explaining😅
The Hot Seat is actually one of my favorite reads.
@ycombinator