Y Combinator Startupschool 2013 Highlights
Ron Conway ultimate Angel Investor godfather
User interface IP is the new algorithm (the sauce of startup success) @startupschool #ronconway
hire fast fire fast, even if it is cofounders
Ben @pinterest was a founder with a rare non-type-A calming effect says #ronconway
When @pinterest started Ben had to do focus groups with women in coffee shops call them next day to ensure engagement. #feedbackloop
40% of his startups will fail [talking generic stats, and expectations highlighting inherent risks of startup failing]
Paul Graham (Y Combinator):
Successful entrepreneurs are the cockroaches of the corporate world. [refers to resilience in light of hardship]
Mark Zuckerberg: pre-FB friending meant 0, no access to content like newsfeed. Paul Graham: social networks had the nodes of friend graph no arcs
Nathan Blecharczyk (founder of Airbnb):
investors want the Bs not the Ms baby. [b = billion, m = million major lol humor]Mark Zuckerberg Founder of Facebook.com
Facebook.com: will enter lockdown mode when competitors are ahead on strategic positions. [Mark Zuckerberg]
Mark Zuckerberg: pre-FB friending meant 0, no access to content like newsfeed. Paul Graham: social networks had the nodes of friend graph no arcs
By another Twitter account: Optimizely raised their A round by hosting a mock board meeting with the top investor prospects. Genius #ycombinator #startupschool
"As an entrepreneur, your job is not to execute the algorithm, your job is to write the algorithm." -@dsiroker @Optimizely #StartUpSchool by twitter account Christopher
Dan is all about feedback and action loops. @startupschool while cash > 0 do feedback then action repeat
Scale talent @Optimizely by @dsiroker it was about hiring new people > current average of existing talent pool. Always scale.
Product.name = "Google" + http://product.name ensured substantial user for feedback loops @Optimizely @startupschool
an from @Optimizely @dsiroker started with @stanford fashioning neon orange shoes at @startupschool @ycombinator color [this was retweeted by Dan!]
Startup School account tweet: Motivation for creating @evernote: @plibin wanted to build something "sufficiently epic" to be his life's work.
3 weeks of cash left @evernote investor wasn't going to close deal on the day Lehman collapsed. Phil called everyone in vain @startupschool [this tweet was retweeted by startupschool]
@evernote is Phil's epic work epic work doesn't need an exit strategy.
Phil founder of @evernote joked don't even make friends with people you can't found company with. Laughingly @startupschool @ycombinator
Jack Dorsey founder of twitter and square :
"The Art Spirit" by Robert Henri
advice is to have a do and donts daily everyday.
the heart of a startup is the founding team's art & crafting, mastery of crafting
Chris Dixon at andreessen horowitz
idea exercise: what would #airbnb for X Y look like? #startupschool office hr team today : we are building games like codecademy
university education is a bundle of experiences which will be tear apart 2 b replaced slowly
Tweet by @startupschool “The same thing that’s happened to newspapers in the past 20 years will happen to education in the next 20 years.” - @cdixon on MOOCs
Additional highlights:
"It's better to make a small number of users really love you than a large number kind of like you"
Stanford Professor Startup Engineering Coursera teacher - balaji srinivasan
philosophy US is a nation of VOICE & EXIT. Vote to change system or immigrate,leave. In startup world is found ur own company