YC Startup School for future founders who aren't quite ready to start yet

Post by justiceforsaas » Sat, Oct 31, 2020, 11:19 AM UTC

wenbin wrote: post #45

YC is always doing a good job in educating people on startup things, and they truly inspire a whole generation of founders, including myself. But still, most advices we could find online are too high level, too abstract, too philosophical. Yeah there’s a need for this type of things. But as a person who is thinking to quit his/her job to start a company, they may need more actionable advices and data points, e.g., ho…

Post by jasonv » Sat, Oct 31, 2020, 3:28 PM UTC

tonyedgecombe wrote: post #67

randmeerkat wrote: post #65

Earlier quoted context omitted.

Telling someone they don’t need health insurance is irresponsible, there’s plenty of things that can go wrong in your 20s, like a car accident. If they decided not to have that while running a startup not only would they potentially lose their first mover advantage, they’d be saddled in crippling medical debt. One’s health should always come first, you don’t appreciate it until you don’t have it.

I'm surprised private healthcare isn't more of a drain on the American economy. I often wonder how many businesses aren't started because of that cost.

Post by NetOpWibby » Sat, Oct 31, 2020, 3:45 PM UTC

burlesona wrote: post #64

will_pseudonym wrote: post #47

Earlier quoted context omitted.

What makes you say that they're different skills? Or, why do you view them differently? I'd love to read more about this distinction.

A side hustle is just fundamentally different than a full-time job. On the one hand, something else is paying the bills, so you can be patient. But on the other hand, you can't take meetings 9-5, or push nearly as hard on the work as you could if it was full time, so you have to be patient. It's quite difficult to work on something enough on the side to build momentum and get it rolling, and it's extra hard to mainta…

Post by randmeerkat » Sat, Oct 31, 2020, 3:51 PM UTC

tonyedgecombe wrote: post #67

randmeerkat wrote: post #65

Earlier quoted context omitted.

Telling someone they don’t need health insurance is irresponsible, there’s plenty of things that can go wrong in your 20s, like a car accident. If they decided not to have that while running a startup not only would they potentially lose their first mover advantage, they’d be saddled in crippling medical debt. One’s health should always come first, you don’t appreciate it until you don’t have it.

I'm surprised private healthcare isn't more of a drain on the American economy. I often wonder how many businesses aren't started because of that cost.

Post by randmeerkat » Sat, Oct 31, 2020, 4:40 PM UTC

jasonv wrote: post #79

randmeerkat wrote: post #77

Earlier quoted context omitted.

$1000 - $1200 per person per month? I know some consultants who can’t find health insurance that cheap. Are those high deductible plans?

PPO with moderate deductibles. Are they doing individual or group plans? And sorry, this wasn’t SF proper, though when I managed a plan for 30+ employees in SF it was about $1500/per. That was high deductible with a roll-over HSA match. The broker was helpful in giving us a decent menu to choose from.