YC Partner Harjeet Taggar Gives Insights
thenextweb.com
thenextweb.com
This is true. They also pay a fair chunk of change with a very short sales cycle (even no-touch in some cases -- though Hubspot and Groupon certainly prove you can do well with higher touch sales), and they're not unwilling to be billed monthly for software/services which demonstrably add value to the business.
So, so true. Trying to take this lesson to heart this time around, and build something I want to use everyday.
I hadn't heard much about them before last week - when we launched http://lanyrd.com/ on TechCrunch they conducted an interview with us that same day (through olark, our live-help chat widget) and posted their own story, which was well written and had new information not covered by the TC story: http://thenextweb.com/apps/2011/01/31/lanyrd-launches-to-cha...
The Harj interview series has been excellent too.
TheNextWeb: Blah blah blah?
Harj: Foo bar baz.
Also there are a number of spelling/grammar mistakes. I think it's normally common practice to correct these in an article, unless you're really just delivering a prepared statement verbatim.It seems that this is a serious but less talked about problem to watch out for. Anyone have insight into how to avoid one of the less visible mistakes beyond the obvious know your co-founders well and set expectations upfront?
If you don't know anyone like that, you can manufacture them. Find good people and try working with them on projects that are not the startup. College and (especially) grad school tend to create these situations, but you can also make them happen deliberately, e.g. by collaborating on some open source project.
The chances of us interviewing a team of founders who'd built some fairly well regarded open source software together would be close to 100%.
Teams thrown together for the sole purpose of YC seem likely to have poor records. But YC is a very, very special case. Bootstrapping takes time and effort that either deepens relationships or destroys them. I don't see a middle ground there, actually.
Have you ever looked at how long a team has known each other as a predictor of success/failure? It seems your philosophy assumes more is better. Is there any data to support that belief? What's the record for spouses?
More importantly, I don't think pg's saying that length of relationship is a deciding factor. Rather, he's highlighting that you need to know you work well with your cofounders and the relationship – new or old – won't fall apart under stress and trial.
When PG says to try projects before a jumping into a company he’s saying: you should date your girl for a while before moving in together.
</joke, don't mean to offend anyone>