Everything We Teach at YCombinator in 10 Minutes

How to START a STARTUP with Michael Seibel (Reddit, YC, Twitch)

Interested in starting a startup? In this video, YC's Michael Seibel shares valuable insights on how to start a successful business from scratch.

Welcome to our channel! In this video, Michael Seibel, CEO of Y Combinator, provides a comprehensive guide on how to start a startup in just 15 minutes. Whether you're an aspiring entrepreneur or already in the startup world, this video is packed with invaluable advice and insights.

Michael covers:
1. The importance of having a technical co-founder.
2. How to brainstorm and validate your startup idea.
3. Key steps to building an MVP (Minimum Viable Product).
4. Strategies for achieving growth and gaining traction.
5. Tips for fundraising and dealing with investors.
6. Essential operations and hiring practices.
7. Don't miss out on this quick yet powerful session to jumpstart your entrepreneurial journey!

Chapters
00:00 - Introduction
00:12 - Requirements to Start a Tech Startup
01:08 - Ideas and Problems to Solve
02:12 - Launching the MVP
03:12 - Achieving Growth
04:24 - Doing PR Yourself
05:20 - Fundraising Tips
06:00 - Controlling Operations and Costs
07:04 - Hiring the Right People
08:24 - Conclusion

[ismettr]

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

[sitrakaforler]

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

[pranav]

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

[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 😂 next year calital gain grow!

[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-vi]

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.

[jamesyin]

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.

[Nykd]

always great to listen guy - fast without the fuzz

[heavymetalrox]

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

[QueenLover-ji]

By "YouSum Live"

00:00:08 Starting a Technical startup essentials
00:00:12 Begin with co-founders, engineering focus
00:00:41 Brainstorm ideas collectively with team
00:00:55 Solve personal or well-understood problems
00:01:11 Focus on daily and weekly problems for success
00:01:36 Research market viability and competitors
00:01:50 Incorporate in the US for fundraising
00:02:21 Emphasize launching quickly for user feedback
00:03:03 Growth crucial for fundraising success
00:03:07 Experiment with ads, focus on reference customers
00:03:24 Ensure usage equals sharing for virality
00:03:59 DIY PR in early stages, build relationships
00:08:02 Avoid unnecessary spending, extend runway
00:08:41 Increase average talent with each hire
00:09:32 Be fair, transparent, and loyal to employees

By "YouSum Live"

[george_davituri]

Michael Seibel shares wisdom, he is a legend.

[ShadUgata]

So glad I found this.. thanks for the upload

[disfeed]

I'll admit I am not a big fan of Michael. This video has altered my perspective. Clean, concise and quality. Love to see it!

[saicharanjogu]

🎯 Key points for quick navigation:

00:00 *🚀 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 *💡 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 *📈 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 *🛠️ 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 *📢 Public Relations (PR)*
- DIY PR strategies,
- Treating PR like business development,
- Building relationships with reporters and the importance of follow-up.
05:21 *💰 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 *🛠️ 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 *🧑‍💼 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

[apex-lazer]

Exactly what kind of content I want to be digesting in to my consciousness thank you. 🙏 ❤

[DimaHuz-pvbq]

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

[syedadeelqamar]

Best 10mins video I have watched ❤ Amazing !!

[emthority]

Great presentation. One big thing is missing, although that is understandable because the experts have yet to crack the code. And that is don't just build a company, but build people too. In line with the comment about the shortcomings of entrepreneurs there is a smart omission. They tend to be sociopaths. In fact, that is what leads to their business success. In other words, they tend to be great at building companies but horrible at building people. So unless you want your startup to be as socially inept and morally bankrupt as much as, well, anything that has come out of silicon valley ever, hire people who will make you humane.

[SaadAlShiekhAli-sgdl]

wow, this content is something people would pay for

[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.