We’ve cut down the sixth week of lectures to be even shorter and combined them into one podcast.
First a lecture from Tim Brady. Tim’s a partner at YC. His lecture covers the importance of building a good culture early and shares six things that you can do now to help create a solid foundation for your startup.
Then a lecture from Dalton Caldwell. Dalton is a partner at YC and he’s also the head of admissions. His lecture covers pivoting and his advice on how founders should think about it.
Topics
00:00 – Intro
00:38 – Tim Brady on Building Culture
1:13 – Culture is behavior and the right behaviors support a good business
4:38 – Six things new startups can do now
5:00 – 1. Be proud of the problem you are solving
7:31 – 2. Create a long term vision that others will follow
9:36 – 3. List your values then model the behavior
12:34 – 4. Align your culture with your customer
14:49 – 5. Discuss the importance of diversity to your company
16:43 – 6. Put a hiring process into practice. Plan to evolve it.
18:24 – Dalton Caldwell on Pivoting
18:53 – The term “pivot”
20:20 – Why pivot?
21:33 – Good reasons to pivot
22:35 – Good reasons not to pivot
23:13 – Why people take too long to pivot
26:01 – Anecdotes
27:22 – Product market fit
28:34 – How to find a better idea
30:40 – It’s ok to not work on an idea that requires venture capital
31:34 – Venture vs. non-venture scale ideas
32:52 – When is the best time to pivot
33:48 – More pivoting thoughts
35:07 – Idea quality scores
37:11 – Brex
39:51 – Retool
41:37 – Magic
43:22 – Segment
45:16 – Dalton’s summary
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Transcript
A transcript is on the way.
Via Y Combinator.
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