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KN

Kirsty Nathoo

08/22/19

@ Y Combinator

In the early stages, it's important to be cautious with spending and have a plan to reach profitability, even if you're reinvesting revenue into growth.

Video

YC

Kirsty Nathoo - Managing Startup Finances

@ Y Combinator

Kirsty Nathoo - Managing Startup Finances

08/22/19

Related Takeaways

MS

Michael Seibel

07/08/22

@ Y Combinator

Founders should be cautious about spending money before achieving product-market fit; it's essential to be disciplined with finances in the early stages.

GT

Garry Tan

10/18/19

@ Garry Tan

Be aware of your company's growth rate and how much you're spending versus your revenue.

JL

Jessica Livingston

05/04/17

@ Y Combinator

Live cheaply at the beginning to extend your runway; startups often take time to figure out what they should be doing, and overspending can lead to running out of time for necessary evolution.

SA

Sam Altman

05/02/17

@ Y Combinator

Raising money too early can force you into a rush to pivot, which may lead to poor decisions; it's better to wait until your idea is working.

YC

Y Combinator Cast

05/07/22

@ Y Combinator

It's important for founders to understand that the perception of needing to grow rapidly can lead to poor decision-making, such as overspending or neglecting financial health.

TB

Tikhon Bernstam

09/09/17

@ Y Combinator

As a repeat founder, I believe it's crucial to avoid raising money too early; focus on achieving strong product-market fit before seeking investment.

YC

Y Combinator Cast

02/13/25

@ Y Combinator

It's crucial for founders to be honest with themselves about their spending and revenue expectations, as unrealistic assumptions can lead to financial failure.

JH

Jensen Huang

06/24/11

@ Stanford Online

In the early days of a startup, survival is crucial; as CEO, you're either making money, saving money, or raising money.

EM

Eric Migicovsky

10/13/18

@ Y Combinator

Starting small is beneficial, but having a roadmap for growth is crucial for both investor confidence and personal motivation.