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MS

Michael Seibel

05/07/22

@ Y Combinator

Founders should be proactive in making tough decisions to steer their startups towards profitability, rather than relying on external pressures or advice.

Video

YC

Save Your Startup During an Economic Downturn

@ Y Combinator

Save Your Startup During an Economic Downturn

05/07/22

Related Takeaways

YC

Y Combinator Cast

03/09/18

@ Y Combinator

Investors should maintain a supportive role, helping founders navigate challenges rather than prioritizing their own interests, which can lead to detrimental outcomes for the startup.

EG

Elad Gil

10/18/18

@ Y Combinator

It's important for investors to challenge founders on their decisions, as this can lead to better outcomes and improvements in the startup's direction.

MP

Mark Pincus

02/28/25

@ a16z speedrun

Founders must prepare for a challenging journey, aligning their investors and team on the understanding that the path to success will be bumpy and filled with tough decisions.

DC

Dalton Caldwell

03/22/24

@ Y Combinator

Founders shouldn't adopt the mindset of venture capitalists, as it can lead to a misalignment with their true goals and passions.

JL

Jessica Livingston

10/25/13

@ Y Combinator

Founders should not be immobilized by setbacks; instead, they should keep moving forward and remain aware that circumstances can change rapidly in the startup world.

MS

Michael Seibel

02/16/24

@ Y Combinator

Founders should prioritize solving real customer problems and adhere to best practices instead of pursuing unnecessary innovations that have a low likelihood of success.

RC

Ron Conway

10/27/13

@ Y Combinator

Decisiveness is vital for founders; they need to make quick decisions about hiring and firing to maintain momentum and morale within their company.

YC

Y Combinator Cast

03/22/24

@ Y Combinator

It's important for founders to resist the urge to have a complete plan or exit strategy from the start, as many successful companies evolve beyond initial expectations.

YC

Y Combinator Cast

02/08/25

@ Y Combinator

It's crucial for founders to engage directly with users and the market rather than relying on external opinions to gauge their startup's potential.