Michael Seibel - Building Product

Y Combinator September 5, 2018
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All the world is changing around technology and you may contribute a line of code. What will yours be? Subscribe for startup advice, founder stories, and a look inside Y Combinator. What is Y Combinator? We invest $500,000 in every startup and work intensively with the founders for three months. For the life of their company, founders have access to the most powerful community in the world, essential advice, later-stage funding and programs, recruiting resources, and exclusive deals. Visit ycombinator.com to learn more.

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YC CEO Michael Seibel outlines how successful startups think about building something people want. Startup School is YC's free online program for founders. Sign up to access the full curriculum and over $100k in deals! https://www.startupschool.org/ Chapters (Powered by https://bit.ly/chapterme-yc) - 00:00:00 Introduction 00:00:53 What allowed us to survive? 00:03:50 What problem are you solving? 00:10:11 Who is your customer? 00:18:39 Does your MVP actually solve the problem? 00:21:10 Which customers should you go after first? (the easy ones!) 00:25:46 Should you discount or start with a super low price? (no!) 00:27:58 How to setup metrics 00:32:02 Product Development Cycle (v1) 00:43:44 Pivot vs Iterate 00:46:09 Fake vs Real Steve Jobs 00:48:04 Summary 00:51:06 Q&A

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