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Y Combinator's Message to Founders

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Re: Y Combinator's Message to Founders

#11
post #2

Can anyone post a copy with intact links?

"Default Alive" - http://www.paulgraham.com/aord.html

"pre-product market fit" - links to a list of resources: - The only thing that matters by Marc Andreessen https://pmarchive.com/guide_to_startups_part4.html - What is “product/market fit” by Emmett Shear: https://twitter.com/eshear/status/1155180521485242368?lang=e... - Andy Rachleff on “How to Know If You’ve Got Product Market Fit” https://greatness.floodgate.com/episodes/andy-rachleff-on-ho... - How Superhuman Built an Engine to Find Product/Market Fit by Rahul Vohra https://firstround.com/review/how-superhuman-built-an-engine... - The real product market fit by Michael Seibel https://www.ycombinator.com/library/5z-the-real-product-mark... - Jeff Chang's blog - specifically his take on retention as measure of PMF https://www.growthengblog.com/ - Sequoia's Doug Leone discusses PMF https://streamable.com/rm7pr7 - Dalton Caldwell & Michael Seibel discuss PMF https://youtu.be/UqKzpLqXuI0

"Series A Milestones" - links to a private resource available only to YC founders

"Save your startup during an economic downturn" - https://www.youtube.com/watch?v=0OVSTWozvfY

Re: Y Combinator's Message to Founders

#13
Also an opportunity:

1. Good people will be more available (there will be public company cuts and private cuts, as well as resignations, especially people working for companies in the Series B to Series D range (who raised those rounds at the old multiples) who will need massive growth/patience for their options to grow into the new multiples).

2. As businesses cut costs, those are opportunities for products and services which enable efficiency.

Re: Y Combinator's Message to Founders

#14
post #2

Can anyone post a copy with intact links?

"Default Alive" - http://www.paulgraham.com/aord.html "pre-product market fit" - links to a list of resources: - The only thing that matters by Marc Andreessen https://pmarchive.com/guide_to_startups_part4.html - What is “product/market fit” by Emmett Shear: https://twitter.com/eshear/status/1155180521485242368?lang=e... - Andy Rachleff on “How to Know If You’ve Got Product Market Fit” https://greatness.floodgate.com…

can somebody share the Series A Milestones resources?

Re: Y Combinator's Message to Founders

#16

Earlier quoted context omitted.

"Default Alive" - http://www.paulgraham.com/aord.html "pre-product market fit" - links to a list of resources: - The only thing that matters by Marc Andreessen https://pmarchive.com/guide_to_startups_part4.html - What is “product/market fit” by Emmett Shear: https://twitter.com/eshear/status/1155180521485242368?lang=e... - Andy Rachleff on “How to Know If You’ve Got Product Market Fit” https://greatness.floodgate.com…

can somebody share the Series A Milestones resources?

Is the internal Series A Milestones different than the Series A Guide: https://www.ycombinator.com/library/14-series-a-guide

Re: Y Combinator's Message to Founders

#17
post #2

Can anyone post a copy with intact links?

"Default Alive" - http://www.paulgraham.com/aord.html "pre-product market fit" - links to a list of resources: - The only thing that matters by Marc Andreessen https://pmarchive.com/guide_to_startups_part4.html - What is “product/market fit” by Emmett Shear: https://twitter.com/eshear/status/1155180521485242368?lang=e... - Andy Rachleff on “How to Know If You’ve Got Product Market Fit” https://greatness.floodgate.com…

THANK YOU!

Re: Y Combinator's Message to Founders

#18
Dagnabit. Here we go again - this is a fantastic, pragmatic amendment to those notes ->

https://dalton.substack.com/p/letter-to-myself-in-late-2008?...

For a taste:

"Doing multiple small layoffs is a form of cascading failure. Do one layoff, but much much deeper than seems correct. Do it decisively. Do it so that you get profitable. In your case that is something like a 70% cut, not a 5-10% cut. Yes you read that right: a 70% cut. Cutting once and cutting hard allows you to reassure the people that are still here that you are truly profitable and won’t need to do it again. Doing a layoff and remaining unprofitable and counting on fundraising to save you is a stupid plan."

Re: Y Combinator's Message to Founders

#19
Translation: as has been the case since the dawn of capitalism, companies going forward will have to turn a real, liquid profit from selling an actual good or service. Gone are the (highly anomalous) days of starting a purposefully unprofitable company whose only path towards “profitability” is a) getting acquired or b) endless rounds of VC funding.
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