YC Accomplice Kevin Hale walks us by the method of evaluating concepts and the way founders ought to take into consideration their startups. Startup College is YC’s free on-line program for founders. Signal as much as entry the complete curriculum and over $100k in offers! https://www.startupschool.org/
Transcript and lecture slides right here: https://www.ycombinator.com/library/6e-how-to-evaluate-startup-ideas
This lecture is a part of YC’s Startup College, a free on-line program and world group of founders. Register and be a part of the group at https://www.startupschool.org/
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Subjects
0.00 – Why we’re beginning with evaluating concepts
1:25 – YC does not simply fund firms with traction
2:50 – How can I predict if an investor will like my thought?
5:15 – A startup thought is a speculation
6:55 – The issue
10:55 – The answer
12:35 – The perception
14:00 – Founder’s unfair benefit
15:00 – Market rising 20% a 12 months
15:40 – Product 10x higher
16:30 – Acquisition mannequin
17:55 – Monopoly
18:50 – Threshold perception
19:10 – Miracle perception
20:10 – Instance: YC
23:20 – Instance: Wufoo
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