My key takeaways from Y Combinator’s Startup School 2012
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http://www.quora.com/Startup-School/What-were-the-key-takeaw...
I agree that two people can have vastly different takeaways from an event like this, but don't see anything wrong with that. Different people have different backgrounds and different things they wanted to learn going in.
I wasn't there so I'm probably imagining things, but I'm getting the vibe that the VC/investor types were giving canned pop psychology 'MBA'/management consulting type advice like advice, where the hacker/founder folks sound more original (and useful).
That lucky office you mentioned apparently casts it's glow on its surroundings as well. La Boulange opened a new cafe next door, and 1-2 weeks later announced that Starbucks had bought out the entire bakery chain for $100 million. (I'm sure they had already struck the deal, but the lucky locale makes for a better story!)
It doesn't say anything about his perception of the startup school experience. Please tell, what's your startup school summary?
Another of LeMond's that I always felt applicable was, "You don't suffer, kill yourself and take the risks I take just for money. I love bike racing.".
You better love what you do.
My takeaway from his takeaways would be:
1. Commitment matters. Stop talking, make it happen. - Ben Silberman
2. Don’t worry about competition, just improve yourself. - Hiroshi Mikitani
3. Failure to decide is what kills you. - Joel Spolsky
I've shortened the Joel's quote because your inability (unwillingness) to decide whether you'll ‘get big fast’ or have an ‘organic growth’ is not the only place where indecision shows its ugly head.
Too bad about Instagram for Squirrels. I would've been one of their 5 users.
How could we possibly know that?
"Palantir (I didn’t understand the market)" I'm pretty sure he said he didn't understand the size of the market. Subtle but important difference.