“So this is one thing the YC partners will almost certainly dig into during your interview. Who are your first users going to be, and how do you know they want this? If I had to decide whether to fund startups based on a single question, it would be “How do you know people want this?””
“If the partners are sufficiently convinced that there’s a path to a big market, the next question is whether you’ll be able to find it. That in turn depends on three things: the general qualities of the founders, their specific expertise in this domain, and the relationship between them. How determined are the founders? Are they good at building things? Are they resilient enough to keep going when things go wrong? How strong is their friendship?”
“Mundane as it sounds, that’s the most powerful motivator of all, not just in startups, but in most ambitious undertakings: to be genuinely interested in what you’re building. This is what really drives billionaires, or at least the ones who become billionaires from starting companies. The company is their project.”
“The most reliable way to become a billionaire is to start a company that grows fast, and the way to grow fast is to make what users want. Newly started startups have no choice but to delight users, or they’ll never even get rolling.”
“If the partners are sufficiently convinced that there’s a path to a big market, the next question is whether you’ll be able to find it. That in turn depends on three things: the general qualities of the founders, their specific expertise in this domain, and the relationship between them. How determined are the founders? Are they good at building things? Are they resilient enough to keep going when things go wrong? How strong is their friendship?”
“Mundane as it sounds, that’s the most powerful motivator of all, not just in startups, but in most ambitious undertakings: to be genuinely interested in what you’re building. This is what really drives billionaires, or at least the ones who become billionaires from starting companies. The company is their project.”
“The most reliable way to become a billionaire is to start a company that grows fast, and the way to grow fast is to make what users want. Newly started startups have no choice but to delight users, or they’ll never even get rolling.”