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How to
Startup (Tech)
Simple, Easy & Straightforward
Prerequisites
2-4 people,
50% tech,
friends or
collegues
1 year’s
worth of
cash each
$ EXIT
Everyone
ready to quit
their j...
Brainstorm with
teammates
IDEA
Personal
experience
Daily / Weekly
problems
Market

o Billions
o Do some research
o Use the competition’s product
Delaware C Corp
Use Clerky.com
Clean from the start
MVP
How fast can you get
something into your user’s hands?
2 months good, 2 weeks better.
MVPminimum viable product
You are
nothing until
you launch
That is when you start learning / growing
Using = Sharing?
Ads?
Reference customers?
Are people
talking about
your company?
FUNDRAISING
Less is
better
$
$
$ $ $ $
$
Fast is
better
Have good
growth!!!!
$
$ $ $
$
o GROW!!!!
o Are you generating PR?
o Build momentum / FOMO
o Pitch to angels who
understand the problem
FUNDRAISING
PROBL...
OPERATIONS
Spend less money
Look at what you spend every month
Figure out how to spend less
Increase average talent with each hire
Be fair and transparent
Hire slow!
YC
Application
2-4 founders, 50% tech,
6 months+ relationship,
working full time
launched or
imminent launch
can you graduate at the top
...
YC Interview
Does your mom understand
your 30 second pitch?
Talk first - don’t demo
10 minutes goes fast
Teach us somethin...
Thank You!
(That is all I know about startups)
How to Start a Startup
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How to Start a Startup

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Michael Seibel's guide for getting a tech company up and running and advice for applying to Y Combinator.

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How to Start a Startup

  1. 1. How to Startup (Tech) Simple, Easy & Straightforward
  2. 2. Prerequisites 2-4 people, 50% tech, friends or collegues 1 year’s worth of cash each $ EXIT Everyone ready to quit their jobs
  3. 3. Brainstorm with teammates IDEA Personal experience Daily / Weekly problems
  4. 4. Market o Billions o Do some research o Use the competition’s product
  5. 5. Delaware C Corp Use Clerky.com Clean from the start
  6. 6. MVP
  7. 7. How fast can you get something into your user’s hands? 2 months good, 2 weeks better. MVPminimum viable product
  8. 8. You are nothing until you launch That is when you start learning / growing
  9. 9. Using = Sharing? Ads? Reference customers?
  10. 10. Are people talking about your company?
  11. 11. FUNDRAISING Less is better $ $ $ $ $ $ $ Fast is better Have good growth!!!! $ $ $ $ $
  12. 12. o GROW!!!! o Are you generating PR? o Build momentum / FOMO o Pitch to angels who understand the problem FUNDRAISING PROBLEMS
  13. 13. OPERATIONS Spend less money Look at what you spend every month Figure out how to spend less
  14. 14. Increase average talent with each hire Be fair and transparent Hire slow!
  15. 15. YC Application
  16. 16. 2-4 founders, 50% tech, 6 months+ relationship, working full time launched or imminent launch can you graduate at the top of the class? billion dollar market are you growing?
  17. 17. YC Interview Does your mom understand your 30 second pitch? Talk first - don’t demo 10 minutes goes fast Teach us something we didn’t know
  18. 18. Thank You! (That is all I know about startups)

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