SlideShare a Scribd company logo
1 of 19
Download to read offline
How to Start a Startup 
WELCOME, AND IDEAS, PRODUCTS, TEAMS AND EXECUTION PART I 
SAM ALTMAN 
President, Y Combinator 
@sama 
sam@ycombinator.com
1. Idea 2. Product 
3. Team 4. Execution
1. Idea 
1. Idea 2. Product 3. Team 4. Execution
The Idea comes 
first 
1. Idea 2. Product 3. Team 4. Execution
The company 
should feel like 
an important 
mission. 
1. Idea 2. Product 3. Team 4. Execution
Seems like a bad idea 
STARTUP 
This is a good idea 
1. Idea 2. Product 3. Team 4. Execution
Why now 
? 
1. Idea 2. Product 3. Team 4. Execution
While you are a student: 
! Think about new ideas 
! Meet potential cofounders 
1. Idea 2. Product 3. Team 4. Execution
Most people think first of what they want to express or make, 
then find the audience for their idea. 
You must work the opposite angle, thinking first of the public. 
You need to keep your focus on their changing needs, the trends 
that are washing through them. Beginning with their demand, you 
create the appropriate supply. 
50 Cent 
1. Idea 2. Product 3. Team 4. Execution
2. Product 
1. Idea 2. Product 3. Team 4. Execution
Great Idea 
Great Product 
Great Company 
1. Idea 2. Product 3. Team 4. Execution
! Build something users love 
! Talk to users 
1. Idea 2. Product 3. Team 4. Execution
Intensity of like 
#Users 
1. Idea 2. Product 3. Team 4. Execution
1. Idea 2. Product 3. Team 4. Execution
Great products win. 
Make something users love. 
1. Idea 2. Product 3. Team 4. Execution
Fanatical 
#1 
2. Product 3. Team 4. Execution 
1. Idea
Get users manually. 
1. Idea 2. Product 3. Team 4. Execution
User feedback 
! What do they like? 
! What would they pay for? 
! What would make them recommend it? 
Show it 
to users 
Product 
Decisions 
2. Product 3. Team 4. Execution 
1. Idea
Metrics: Focus on growth 
! Total registrations 
! Active users 
! Activity Levels 
! Cohort Retention 
! Revenue 
! Net Promoter Score 
2. Product 3. Team 4. Execution 
1. Idea

More Related Content

What's hot

The perfect innovation toolkit for $100 per month
The perfect innovation toolkit for $100 per monthThe perfect innovation toolkit for $100 per month
The perfect innovation toolkit for $100 per monthBoard of Innovation
 
How to create your Minimum Viable Product - Raff Paquin
How to create your Minimum Viable Product - Raff PaquinHow to create your Minimum Viable Product - Raff Paquin
How to create your Minimum Viable Product - Raff PaquinRaff Paquin
 
Y Combinator Startup Class #18 : Legal and accounting basics for startups
Y Combinator Startup Class #18 : Legal and accounting basics for startupsY Combinator Startup Class #18 : Legal and accounting basics for startups
Y Combinator Startup Class #18 : Legal and accounting basics for startupsFabien Grenet
 
Design Thinking & Agile Innovation Workshop
Design Thinking & Agile Innovation WorkshopDesign Thinking & Agile Innovation Workshop
Design Thinking & Agile Innovation WorkshopJosef Scherer
 
Lean startup, customer development, and the business model canvas
Lean startup, customer development, and the business model canvasLean startup, customer development, and the business model canvas
Lean startup, customer development, and the business model canvasgistinitiative
 
The 1 Week Minimum Viable Product (MVP)
The 1 Week Minimum Viable Product (MVP)The 1 Week Minimum Viable Product (MVP)
The 1 Week Minimum Viable Product (MVP)Alexis Roqué
 
Pragmatic Product Strategy - Ways of thinking and doing that bring people tog...
Pragmatic Product Strategy - Ways of thinking and doing that bring people tog...Pragmatic Product Strategy - Ways of thinking and doing that bring people tog...
Pragmatic Product Strategy - Ways of thinking and doing that bring people tog...Jonny Schneider
 
How to Start a Startup
How to Start a StartupHow to Start a Startup
How to Start a StartupMichael Seibel
 
How-to Build a Minimum Viable Product (MVP)
How-to Build a Minimum Viable Product (MVP)How-to Build a Minimum Viable Product (MVP)
How-to Build a Minimum Viable Product (MVP)Adriana Herrera
 
Startup Studios - Innovating Innovation White Paper Select Slides by Enhance
Startup Studios - Innovating Innovation White Paper Select Slides by EnhanceStartup Studios - Innovating Innovation White Paper Select Slides by Enhance
Startup Studios - Innovating Innovation White Paper Select Slides by EnhanceAlper Celen
 
Full Program & Tools to Accelerate an Internal Innovation Project - by Board ...
Full Program & Tools to Accelerate an Internal Innovation Project - by Board ...Full Program & Tools to Accelerate an Internal Innovation Project - by Board ...
Full Program & Tools to Accelerate an Internal Innovation Project - by Board ...Board of Innovation
 
IBM Design - Delightful Experiences at Scale
IBM Design - Delightful Experiences at ScaleIBM Design - Delightful Experiences at Scale
IBM Design - Delightful Experiences at ScalePierre Henri Clouin
 
Canaan Pitch Workbook 2013
Canaan Pitch Workbook 2013Canaan Pitch Workbook 2013
Canaan Pitch Workbook 2013Canaan Partners
 
21 Actionable Growth Hacking Tactics
21 Actionable Growth Hacking Tactics21 Actionable Growth Hacking Tactics
21 Actionable Growth Hacking TacticsJon Yongfook
 
The Best Startup Investor Pitch Deck & How to Present to Angels & Venture Cap...
The Best Startup Investor Pitch Deck & How to Present to Angels & Venture Cap...The Best Startup Investor Pitch Deck & How to Present to Angels & Venture Cap...
The Best Startup Investor Pitch Deck & How to Present to Angels & Venture Cap...J. Skyler Fernandes
 
From Zero to a Million Users - Dropbox and Xobni lessons learned
From Zero to a Million Users - Dropbox and Xobni lessons learnedFrom Zero to a Million Users - Dropbox and Xobni lessons learned
From Zero to a Million Users - Dropbox and Xobni lessons learnedAdam Smith
 
Getting to Product Market Fit - An Overview of Customer Discovery & Validation
Getting to Product Market Fit - An Overview of Customer Discovery & ValidationGetting to Product Market Fit - An Overview of Customer Discovery & Validation
Getting to Product Market Fit - An Overview of Customer Discovery & ValidationJason Evanish
 

What's hot (20)

The perfect innovation toolkit for $100 per month
The perfect innovation toolkit for $100 per monthThe perfect innovation toolkit for $100 per month
The perfect innovation toolkit for $100 per month
 
MVP Tree
MVP TreeMVP Tree
MVP Tree
 
How to create your Minimum Viable Product - Raff Paquin
How to create your Minimum Viable Product - Raff PaquinHow to create your Minimum Viable Product - Raff Paquin
How to create your Minimum Viable Product - Raff Paquin
 
Y Combinator Startup Class #18 : Legal and accounting basics for startups
Y Combinator Startup Class #18 : Legal and accounting basics for startupsY Combinator Startup Class #18 : Legal and accounting basics for startups
Y Combinator Startup Class #18 : Legal and accounting basics for startups
 
Design Thinking & Agile Innovation Workshop
Design Thinking & Agile Innovation WorkshopDesign Thinking & Agile Innovation Workshop
Design Thinking & Agile Innovation Workshop
 
Lean startup, customer development, and the business model canvas
Lean startup, customer development, and the business model canvasLean startup, customer development, and the business model canvas
Lean startup, customer development, and the business model canvas
 
Lean startup 101
Lean startup 101Lean startup 101
Lean startup 101
 
The 1 Week Minimum Viable Product (MVP)
The 1 Week Minimum Viable Product (MVP)The 1 Week Minimum Viable Product (MVP)
The 1 Week Minimum Viable Product (MVP)
 
Pragmatic Product Strategy - Ways of thinking and doing that bring people tog...
Pragmatic Product Strategy - Ways of thinking and doing that bring people tog...Pragmatic Product Strategy - Ways of thinking and doing that bring people tog...
Pragmatic Product Strategy - Ways of thinking and doing that bring people tog...
 
How to Start a Startup
How to Start a StartupHow to Start a Startup
How to Start a Startup
 
Build Features, Not Apps
Build Features, Not AppsBuild Features, Not Apps
Build Features, Not Apps
 
How-to Build a Minimum Viable Product (MVP)
How-to Build a Minimum Viable Product (MVP)How-to Build a Minimum Viable Product (MVP)
How-to Build a Minimum Viable Product (MVP)
 
Startup Studios - Innovating Innovation White Paper Select Slides by Enhance
Startup Studios - Innovating Innovation White Paper Select Slides by EnhanceStartup Studios - Innovating Innovation White Paper Select Slides by Enhance
Startup Studios - Innovating Innovation White Paper Select Slides by Enhance
 
Full Program & Tools to Accelerate an Internal Innovation Project - by Board ...
Full Program & Tools to Accelerate an Internal Innovation Project - by Board ...Full Program & Tools to Accelerate an Internal Innovation Project - by Board ...
Full Program & Tools to Accelerate an Internal Innovation Project - by Board ...
 
IBM Design - Delightful Experiences at Scale
IBM Design - Delightful Experiences at ScaleIBM Design - Delightful Experiences at Scale
IBM Design - Delightful Experiences at Scale
 
Canaan Pitch Workbook 2013
Canaan Pitch Workbook 2013Canaan Pitch Workbook 2013
Canaan Pitch Workbook 2013
 
21 Actionable Growth Hacking Tactics
21 Actionable Growth Hacking Tactics21 Actionable Growth Hacking Tactics
21 Actionable Growth Hacking Tactics
 
The Best Startup Investor Pitch Deck & How to Present to Angels & Venture Cap...
The Best Startup Investor Pitch Deck & How to Present to Angels & Venture Cap...The Best Startup Investor Pitch Deck & How to Present to Angels & Venture Cap...
The Best Startup Investor Pitch Deck & How to Present to Angels & Venture Cap...
 
From Zero to a Million Users - Dropbox and Xobni lessons learned
From Zero to a Million Users - Dropbox and Xobni lessons learnedFrom Zero to a Million Users - Dropbox and Xobni lessons learned
From Zero to a Million Users - Dropbox and Xobni lessons learned
 
Getting to Product Market Fit - An Overview of Customer Discovery & Validation
Getting to Product Market Fit - An Overview of Customer Discovery & ValidationGetting to Product Market Fit - An Overview of Customer Discovery & Validation
Getting to Product Market Fit - An Overview of Customer Discovery & Validation
 

Similar to Y Combinator Startup Class #1 : Ideas, Products, Teams and Execution (Part 1)

What Product Well Designed is?
What Product Well Designed is?What Product Well Designed is?
What Product Well Designed is?Micka Touillaud
 
How to build a successful startup - Complete guide to starting up
How to build a successful startup - Complete guide to starting upHow to build a successful startup - Complete guide to starting up
How to build a successful startup - Complete guide to starting upRajat Dangi
 
Design Thinking for Product Design Slide.pdf
Design Thinking for Product Design  Slide.pdfDesign Thinking for Product Design  Slide.pdf
Design Thinking for Product Design Slide.pdfShristi Shrestha
 
How to Design a Web App People Love
How to Design a Web App People LoveHow to Design a Web App People Love
How to Design a Web App People LovePete Kistler
 
Design thinking for a startup imaginea design
Design thinking for a startup   imaginea designDesign thinking for a startup   imaginea design
Design thinking for a startup imaginea designSubhasish Karmakar
 
Design thinking for a startup - Imaginea Design
Design thinking for a startup - Imaginea DesignDesign thinking for a startup - Imaginea Design
Design thinking for a startup - Imaginea DesignImaginea Design
 
Startup MBA 3.0 - Growth, content marketing
Startup MBA 3.0 - Growth, content marketingStartup MBA 3.0 - Growth, content marketing
Startup MBA 3.0 - Growth, content marketingFounder-Centric
 
Getting started with UX research October 2017.pptx
Getting started with UX research October 2017.pptxGetting started with UX research October 2017.pptx
Getting started with UX research October 2017.pptxCarol Rossi
 
Introduction to Design thinking 2015 by Vedran Antoljak
Introduction to Design thinking 2015 by Vedran AntoljakIntroduction to Design thinking 2015 by Vedran Antoljak
Introduction to Design thinking 2015 by Vedran AntoljakVedran Antoljak
 
How We Used Fast Customer Feedback to Build Product Insights - Michelle Huff...
 How We Used Fast Customer Feedback to Build Product Insights - Michelle Huff... How We Used Fast Customer Feedback to Build Product Insights - Michelle Huff...
How We Used Fast Customer Feedback to Build Product Insights - Michelle Huff...Traction Conf
 
The-Entrepreneurial-Mind_The-Inventor.docx
The-Entrepreneurial-Mind_The-Inventor.docxThe-Entrepreneurial-Mind_The-Inventor.docx
The-Entrepreneurial-Mind_The-Inventor.docxVanessaDeoful
 
How to avoid 6 deadly mistakes when building a digital product 2018
How to avoid 6 deadly mistakes when building a digital product 2018How to avoid 6 deadly mistakes when building a digital product 2018
How to avoid 6 deadly mistakes when building a digital product 2018inFullMobile
 
Intro to Lean Startup and Customer Discovery for Agilists
Intro to Lean Startup and Customer Discovery for AgilistsIntro to Lean Startup and Customer Discovery for Agilists
Intro to Lean Startup and Customer Discovery for AgilistsShashi Jain
 
POSSIBLE product design sprint
POSSIBLE product design sprintPOSSIBLE product design sprint
POSSIBLE product design sprintThomas Waegemans
 
Jackman Reinvents: Design Thinking Workshop at HumberLaunch Part 2
Jackman Reinvents: Design Thinking Workshop at HumberLaunch Part 2Jackman Reinvents: Design Thinking Workshop at HumberLaunch Part 2
Jackman Reinvents: Design Thinking Workshop at HumberLaunch Part 2Jackman Reinvents
 
Lean innovation games_v1.0
Lean innovation games_v1.0Lean innovation games_v1.0
Lean innovation games_v1.0Namrata Datta
 

Similar to Y Combinator Startup Class #1 : Ideas, Products, Teams and Execution (Part 1) (20)

Altman
AltmanAltman
Altman
 
What Product Well Designed is?
What Product Well Designed is?What Product Well Designed is?
What Product Well Designed is?
 
How to build a successful startup - Complete guide to starting up
How to build a successful startup - Complete guide to starting upHow to build a successful startup - Complete guide to starting up
How to build a successful startup - Complete guide to starting up
 
Design Thinking for Product Design Slide.pdf
Design Thinking for Product Design  Slide.pdfDesign Thinking for Product Design  Slide.pdf
Design Thinking for Product Design Slide.pdf
 
How to Design a Web App People Love
How to Design a Web App People LoveHow to Design a Web App People Love
How to Design a Web App People Love
 
Design thinking for a startup imaginea design
Design thinking for a startup   imaginea designDesign thinking for a startup   imaginea design
Design thinking for a startup imaginea design
 
Design thinking for a startup - Imaginea Design
Design thinking for a startup - Imaginea DesignDesign thinking for a startup - Imaginea Design
Design thinking for a startup - Imaginea Design
 
Startup MBA 3.0 - Growth, content marketing
Startup MBA 3.0 - Growth, content marketingStartup MBA 3.0 - Growth, content marketing
Startup MBA 3.0 - Growth, content marketing
 
Design Thinking.pptx
Design Thinking.pptxDesign Thinking.pptx
Design Thinking.pptx
 
Getting started with UX research October 2017.pptx
Getting started with UX research October 2017.pptxGetting started with UX research October 2017.pptx
Getting started with UX research October 2017.pptx
 
Introduction to Design thinking 2015 by Vedran Antoljak
Introduction to Design thinking 2015 by Vedran AntoljakIntroduction to Design thinking 2015 by Vedran Antoljak
Introduction to Design thinking 2015 by Vedran Antoljak
 
Design Thinking
Design ThinkingDesign Thinking
Design Thinking
 
How We Used Fast Customer Feedback to Build Product Insights - Michelle Huff...
 How We Used Fast Customer Feedback to Build Product Insights - Michelle Huff... How We Used Fast Customer Feedback to Build Product Insights - Michelle Huff...
How We Used Fast Customer Feedback to Build Product Insights - Michelle Huff...
 
The-Entrepreneurial-Mind_The-Inventor.docx
The-Entrepreneurial-Mind_The-Inventor.docxThe-Entrepreneurial-Mind_The-Inventor.docx
The-Entrepreneurial-Mind_The-Inventor.docx
 
How to avoid 6 deadly mistakes when building a digital product 2018
How to avoid 6 deadly mistakes when building a digital product 2018How to avoid 6 deadly mistakes when building a digital product 2018
How to avoid 6 deadly mistakes when building a digital product 2018
 
Intro to Lean Startup and Customer Discovery for Agilists
Intro to Lean Startup and Customer Discovery for AgilistsIntro to Lean Startup and Customer Discovery for Agilists
Intro to Lean Startup and Customer Discovery for Agilists
 
Idea generation
Idea generationIdea generation
Idea generation
 
POSSIBLE product design sprint
POSSIBLE product design sprintPOSSIBLE product design sprint
POSSIBLE product design sprint
 
Jackman Reinvents: Design Thinking Workshop at HumberLaunch Part 2
Jackman Reinvents: Design Thinking Workshop at HumberLaunch Part 2Jackman Reinvents: Design Thinking Workshop at HumberLaunch Part 2
Jackman Reinvents: Design Thinking Workshop at HumberLaunch Part 2
 
Lean innovation games_v1.0
Lean innovation games_v1.0Lean innovation games_v1.0
Lean innovation games_v1.0
 

More from Fabien Grenet

Y Combinator Startup Class #10 : Company Culture and Building a Team
Y Combinator Startup Class #10 : Company Culture and Building a TeamY Combinator Startup Class #10 : Company Culture and Building a Team
Y Combinator Startup Class #10 : Company Culture and Building a TeamFabien Grenet
 
Y Combinator Startup Class #6 : Growth
Y Combinator Startup Class #6 : GrowthY Combinator Startup Class #6 : Growth
Y Combinator Startup Class #6 : GrowthFabien Grenet
 
Y Combinator Startup Class #5 : Competition is for losers
Y Combinator Startup Class #5 : Competition is for losersY Combinator Startup Class #5 : Competition is for losers
Y Combinator Startup Class #5 : Competition is for losersFabien Grenet
 
Y Combinator Startup Class #15 : How to manage
Y Combinator Startup Class #15 : How to manageY Combinator Startup Class #15 : How to manage
Y Combinator Startup Class #15 : How to manageFabien Grenet
 
Y Combinator Startup Class #13 : How to operate
Y Combinator Startup Class #13 : How to operateY Combinator Startup Class #13 : How to operate
Y Combinator Startup Class #13 : How to operateFabien Grenet
 
Y Combinator Startup Class #13 : How to be a great founder
Y Combinator Startup Class #13 : How to be a great founderY Combinator Startup Class #13 : How to be a great founder
Y Combinator Startup Class #13 : How to be a great founderFabien Grenet
 
Y Combinator Startup Class #12 : Building for the Enterprise
Y Combinator Startup Class #12 : Building for the EnterpriseY Combinator Startup Class #12 : Building for the Enterprise
Y Combinator Startup Class #12 : Building for the EnterpriseFabien Grenet
 
Y Combinator Startup Class #7 : How to Build Products Users Love (Part 1)
Y Combinator Startup Class #7 : How to Build Products Users Love (Part 1)Y Combinator Startup Class #7 : How to Build Products Users Love (Part 1)
Y Combinator Startup Class #7 : How to Build Products Users Love (Part 1)Fabien Grenet
 
Next2me - S'ennuyer n'aura jamais été si difficile ;)
Next2me - S'ennuyer n'aura jamais été si difficile ;)Next2me - S'ennuyer n'aura jamais été si difficile ;)
Next2me - S'ennuyer n'aura jamais été si difficile ;)Fabien Grenet
 

More from Fabien Grenet (10)

Later stage advice
Later stage adviceLater stage advice
Later stage advice
 
Y Combinator Startup Class #10 : Company Culture and Building a Team
Y Combinator Startup Class #10 : Company Culture and Building a TeamY Combinator Startup Class #10 : Company Culture and Building a Team
Y Combinator Startup Class #10 : Company Culture and Building a Team
 
Y Combinator Startup Class #6 : Growth
Y Combinator Startup Class #6 : GrowthY Combinator Startup Class #6 : Growth
Y Combinator Startup Class #6 : Growth
 
Y Combinator Startup Class #5 : Competition is for losers
Y Combinator Startup Class #5 : Competition is for losersY Combinator Startup Class #5 : Competition is for losers
Y Combinator Startup Class #5 : Competition is for losers
 
Y Combinator Startup Class #15 : How to manage
Y Combinator Startup Class #15 : How to manageY Combinator Startup Class #15 : How to manage
Y Combinator Startup Class #15 : How to manage
 
Y Combinator Startup Class #13 : How to operate
Y Combinator Startup Class #13 : How to operateY Combinator Startup Class #13 : How to operate
Y Combinator Startup Class #13 : How to operate
 
Y Combinator Startup Class #13 : How to be a great founder
Y Combinator Startup Class #13 : How to be a great founderY Combinator Startup Class #13 : How to be a great founder
Y Combinator Startup Class #13 : How to be a great founder
 
Y Combinator Startup Class #12 : Building for the Enterprise
Y Combinator Startup Class #12 : Building for the EnterpriseY Combinator Startup Class #12 : Building for the Enterprise
Y Combinator Startup Class #12 : Building for the Enterprise
 
Y Combinator Startup Class #7 : How to Build Products Users Love (Part 1)
Y Combinator Startup Class #7 : How to Build Products Users Love (Part 1)Y Combinator Startup Class #7 : How to Build Products Users Love (Part 1)
Y Combinator Startup Class #7 : How to Build Products Users Love (Part 1)
 
Next2me - S'ennuyer n'aura jamais été si difficile ;)
Next2me - S'ennuyer n'aura jamais été si difficile ;)Next2me - S'ennuyer n'aura jamais été si difficile ;)
Next2me - S'ennuyer n'aura jamais été si difficile ;)
 

Recently uploaded

『澳洲文凭』买詹姆士库克大学毕业证书成绩单办理澳洲JCU文凭学位证书
『澳洲文凭』买詹姆士库克大学毕业证书成绩单办理澳洲JCU文凭学位证书『澳洲文凭』买詹姆士库克大学毕业证书成绩单办理澳洲JCU文凭学位证书
『澳洲文凭』买詹姆士库克大学毕业证书成绩单办理澳洲JCU文凭学位证书rnrncn29
 
定制(AUT毕业证书)新西兰奥克兰理工大学毕业证成绩单原版一比一
定制(AUT毕业证书)新西兰奥克兰理工大学毕业证成绩单原版一比一定制(AUT毕业证书)新西兰奥克兰理工大学毕业证成绩单原版一比一
定制(AUT毕业证书)新西兰奥克兰理工大学毕业证成绩单原版一比一Fs
 
Intellectual property rightsand its types.pptx
Intellectual property rightsand its types.pptxIntellectual property rightsand its types.pptx
Intellectual property rightsand its types.pptxBipin Adhikari
 
Film cover research (1).pptxsdasdasdasdasdasa
Film cover research (1).pptxsdasdasdasdasdasaFilm cover research (1).pptxsdasdasdasdasdasa
Film cover research (1).pptxsdasdasdasdasdasa494f574xmv
 
Q4-1-Illustrating-Hypothesis-Testing.pptx
Q4-1-Illustrating-Hypothesis-Testing.pptxQ4-1-Illustrating-Hypothesis-Testing.pptx
Q4-1-Illustrating-Hypothesis-Testing.pptxeditsforyah
 
Contact Rya Baby for Call Girls New Delhi
Contact Rya Baby for Call Girls New DelhiContact Rya Baby for Call Girls New Delhi
Contact Rya Baby for Call Girls New Delhimiss dipika
 
Blepharitis inflammation of eyelid symptoms cause everything included along w...
Blepharitis inflammation of eyelid symptoms cause everything included along w...Blepharitis inflammation of eyelid symptoms cause everything included along w...
Blepharitis inflammation of eyelid symptoms cause everything included along w...Excelmac1
 
Call Girls South Delhi Delhi reach out to us at ☎ 9711199012
Call Girls South Delhi Delhi reach out to us at ☎ 9711199012Call Girls South Delhi Delhi reach out to us at ☎ 9711199012
Call Girls South Delhi Delhi reach out to us at ☎ 9711199012rehmti665
 
Packaging the Monolith - PHP Tek 2024 (Breaking it down one bite at a time)
Packaging the Monolith - PHP Tek 2024 (Breaking it down one bite at a time)Packaging the Monolith - PHP Tek 2024 (Breaking it down one bite at a time)
Packaging the Monolith - PHP Tek 2024 (Breaking it down one bite at a time)Dana Luther
 
『澳洲文凭』买拉筹伯大学毕业证书成绩单办理澳洲LTU文凭学位证书
『澳洲文凭』买拉筹伯大学毕业证书成绩单办理澳洲LTU文凭学位证书『澳洲文凭』买拉筹伯大学毕业证书成绩单办理澳洲LTU文凭学位证书
『澳洲文凭』买拉筹伯大学毕业证书成绩单办理澳洲LTU文凭学位证书rnrncn29
 
Magic exist by Marta Loveguard - presentation.pptx
Magic exist by Marta Loveguard - presentation.pptxMagic exist by Marta Loveguard - presentation.pptx
Magic exist by Marta Loveguard - presentation.pptxMartaLoveguard
 
Call Girls Near The Suryaa Hotel New Delhi 9873777170
Call Girls Near The Suryaa Hotel New Delhi 9873777170Call Girls Near The Suryaa Hotel New Delhi 9873777170
Call Girls Near The Suryaa Hotel New Delhi 9873777170Sonam Pathan
 
定制(Lincoln毕业证书)新西兰林肯大学毕业证成绩单原版一比一
定制(Lincoln毕业证书)新西兰林肯大学毕业证成绩单原版一比一定制(Lincoln毕业证书)新西兰林肯大学毕业证成绩单原版一比一
定制(Lincoln毕业证书)新西兰林肯大学毕业证成绩单原版一比一Fs
 
办理(UofR毕业证书)罗切斯特大学毕业证成绩单原版一比一
办理(UofR毕业证书)罗切斯特大学毕业证成绩单原版一比一办理(UofR毕业证书)罗切斯特大学毕业证成绩单原版一比一
办理(UofR毕业证书)罗切斯特大学毕业证成绩单原版一比一z xss
 
SCM Symposium PPT Format Customer loyalty is predi
SCM Symposium PPT Format Customer loyalty is prediSCM Symposium PPT Format Customer loyalty is predi
SCM Symposium PPT Format Customer loyalty is predieusebiomeyer
 
PHP-based rendering of TYPO3 Documentation
PHP-based rendering of TYPO3 DocumentationPHP-based rendering of TYPO3 Documentation
PHP-based rendering of TYPO3 DocumentationLinaWolf1
 
Git and Github workshop GDSC MLRITM
Git and Github  workshop GDSC MLRITMGit and Github  workshop GDSC MLRITM
Git and Github workshop GDSC MLRITMgdsc13
 
Top 10 Interactive Website Design Trends in 2024.pptx
Top 10 Interactive Website Design Trends in 2024.pptxTop 10 Interactive Website Design Trends in 2024.pptx
Top 10 Interactive Website Design Trends in 2024.pptxDyna Gilbert
 
定制(UAL学位证)英国伦敦艺术大学毕业证成绩单原版一比一
定制(UAL学位证)英国伦敦艺术大学毕业证成绩单原版一比一定制(UAL学位证)英国伦敦艺术大学毕业证成绩单原版一比一
定制(UAL学位证)英国伦敦艺术大学毕业证成绩单原版一比一Fs
 

Recently uploaded (20)

『澳洲文凭』买詹姆士库克大学毕业证书成绩单办理澳洲JCU文凭学位证书
『澳洲文凭』买詹姆士库克大学毕业证书成绩单办理澳洲JCU文凭学位证书『澳洲文凭』买詹姆士库克大学毕业证书成绩单办理澳洲JCU文凭学位证书
『澳洲文凭』买詹姆士库克大学毕业证书成绩单办理澳洲JCU文凭学位证书
 
定制(AUT毕业证书)新西兰奥克兰理工大学毕业证成绩单原版一比一
定制(AUT毕业证书)新西兰奥克兰理工大学毕业证成绩单原版一比一定制(AUT毕业证书)新西兰奥克兰理工大学毕业证成绩单原版一比一
定制(AUT毕业证书)新西兰奥克兰理工大学毕业证成绩单原版一比一
 
Intellectual property rightsand its types.pptx
Intellectual property rightsand its types.pptxIntellectual property rightsand its types.pptx
Intellectual property rightsand its types.pptx
 
Film cover research (1).pptxsdasdasdasdasdasa
Film cover research (1).pptxsdasdasdasdasdasaFilm cover research (1).pptxsdasdasdasdasdasa
Film cover research (1).pptxsdasdasdasdasdasa
 
Q4-1-Illustrating-Hypothesis-Testing.pptx
Q4-1-Illustrating-Hypothesis-Testing.pptxQ4-1-Illustrating-Hypothesis-Testing.pptx
Q4-1-Illustrating-Hypothesis-Testing.pptx
 
Contact Rya Baby for Call Girls New Delhi
Contact Rya Baby for Call Girls New DelhiContact Rya Baby for Call Girls New Delhi
Contact Rya Baby for Call Girls New Delhi
 
Blepharitis inflammation of eyelid symptoms cause everything included along w...
Blepharitis inflammation of eyelid symptoms cause everything included along w...Blepharitis inflammation of eyelid symptoms cause everything included along w...
Blepharitis inflammation of eyelid symptoms cause everything included along w...
 
Call Girls South Delhi Delhi reach out to us at ☎ 9711199012
Call Girls South Delhi Delhi reach out to us at ☎ 9711199012Call Girls South Delhi Delhi reach out to us at ☎ 9711199012
Call Girls South Delhi Delhi reach out to us at ☎ 9711199012
 
Packaging the Monolith - PHP Tek 2024 (Breaking it down one bite at a time)
Packaging the Monolith - PHP Tek 2024 (Breaking it down one bite at a time)Packaging the Monolith - PHP Tek 2024 (Breaking it down one bite at a time)
Packaging the Monolith - PHP Tek 2024 (Breaking it down one bite at a time)
 
『澳洲文凭』买拉筹伯大学毕业证书成绩单办理澳洲LTU文凭学位证书
『澳洲文凭』买拉筹伯大学毕业证书成绩单办理澳洲LTU文凭学位证书『澳洲文凭』买拉筹伯大学毕业证书成绩单办理澳洲LTU文凭学位证书
『澳洲文凭』买拉筹伯大学毕业证书成绩单办理澳洲LTU文凭学位证书
 
Magic exist by Marta Loveguard - presentation.pptx
Magic exist by Marta Loveguard - presentation.pptxMagic exist by Marta Loveguard - presentation.pptx
Magic exist by Marta Loveguard - presentation.pptx
 
Call Girls Near The Suryaa Hotel New Delhi 9873777170
Call Girls Near The Suryaa Hotel New Delhi 9873777170Call Girls Near The Suryaa Hotel New Delhi 9873777170
Call Girls Near The Suryaa Hotel New Delhi 9873777170
 
定制(Lincoln毕业证书)新西兰林肯大学毕业证成绩单原版一比一
定制(Lincoln毕业证书)新西兰林肯大学毕业证成绩单原版一比一定制(Lincoln毕业证书)新西兰林肯大学毕业证成绩单原版一比一
定制(Lincoln毕业证书)新西兰林肯大学毕业证成绩单原版一比一
 
办理(UofR毕业证书)罗切斯特大学毕业证成绩单原版一比一
办理(UofR毕业证书)罗切斯特大学毕业证成绩单原版一比一办理(UofR毕业证书)罗切斯特大学毕业证成绩单原版一比一
办理(UofR毕业证书)罗切斯特大学毕业证成绩单原版一比一
 
SCM Symposium PPT Format Customer loyalty is predi
SCM Symposium PPT Format Customer loyalty is prediSCM Symposium PPT Format Customer loyalty is predi
SCM Symposium PPT Format Customer loyalty is predi
 
Hot Sexy call girls in Rk Puram 🔝 9953056974 🔝 Delhi escort Service
Hot Sexy call girls in  Rk Puram 🔝 9953056974 🔝 Delhi escort ServiceHot Sexy call girls in  Rk Puram 🔝 9953056974 🔝 Delhi escort Service
Hot Sexy call girls in Rk Puram 🔝 9953056974 🔝 Delhi escort Service
 
PHP-based rendering of TYPO3 Documentation
PHP-based rendering of TYPO3 DocumentationPHP-based rendering of TYPO3 Documentation
PHP-based rendering of TYPO3 Documentation
 
Git and Github workshop GDSC MLRITM
Git and Github  workshop GDSC MLRITMGit and Github  workshop GDSC MLRITM
Git and Github workshop GDSC MLRITM
 
Top 10 Interactive Website Design Trends in 2024.pptx
Top 10 Interactive Website Design Trends in 2024.pptxTop 10 Interactive Website Design Trends in 2024.pptx
Top 10 Interactive Website Design Trends in 2024.pptx
 
定制(UAL学位证)英国伦敦艺术大学毕业证成绩单原版一比一
定制(UAL学位证)英国伦敦艺术大学毕业证成绩单原版一比一定制(UAL学位证)英国伦敦艺术大学毕业证成绩单原版一比一
定制(UAL学位证)英国伦敦艺术大学毕业证成绩单原版一比一
 

Y Combinator Startup Class #1 : Ideas, Products, Teams and Execution (Part 1)

  • 1. How to Start a Startup WELCOME, AND IDEAS, PRODUCTS, TEAMS AND EXECUTION PART I SAM ALTMAN President, Y Combinator @sama sam@ycombinator.com
  • 2. 1. Idea 2. Product 3. Team 4. Execution
  • 3. 1. Idea 1. Idea 2. Product 3. Team 4. Execution
  • 4. The Idea comes first 1. Idea 2. Product 3. Team 4. Execution
  • 5. The company should feel like an important mission. 1. Idea 2. Product 3. Team 4. Execution
  • 6. Seems like a bad idea STARTUP This is a good idea 1. Idea 2. Product 3. Team 4. Execution
  • 7. Why now ? 1. Idea 2. Product 3. Team 4. Execution
  • 8. While you are a student: ! Think about new ideas ! Meet potential cofounders 1. Idea 2. Product 3. Team 4. Execution
  • 9. Most people think first of what they want to express or make, then find the audience for their idea. You must work the opposite angle, thinking first of the public. You need to keep your focus on their changing needs, the trends that are washing through them. Beginning with their demand, you create the appropriate supply. 50 Cent 1. Idea 2. Product 3. Team 4. Execution
  • 10. 2. Product 1. Idea 2. Product 3. Team 4. Execution
  • 11. Great Idea Great Product Great Company 1. Idea 2. Product 3. Team 4. Execution
  • 12. ! Build something users love ! Talk to users 1. Idea 2. Product 3. Team 4. Execution
  • 13. Intensity of like #Users 1. Idea 2. Product 3. Team 4. Execution
  • 14. 1. Idea 2. Product 3. Team 4. Execution
  • 15. Great products win. Make something users love. 1. Idea 2. Product 3. Team 4. Execution
  • 16. Fanatical #1 2. Product 3. Team 4. Execution 1. Idea
  • 17. Get users manually. 1. Idea 2. Product 3. Team 4. Execution
  • 18. User feedback ! What do they like? ! What would they pay for? ! What would make them recommend it? Show it to users Product Decisions 2. Product 3. Team 4. Execution 1. Idea
  • 19. Metrics: Focus on growth ! Total registrations ! Active users ! Activity Levels ! Cohort Retention ! Revenue ! Net Promoter Score 2. Product 3. Team 4. Execution 1. Idea