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DR

Danae Ringelmann

10/15/14

@ Y Combinator

In the early days, fearlessness meant being super opportunistic and finding our way, especially since the idea of crowdfunding didn't exist at that time.

Video

YC

Danae Ringelmann at Startup School SV 2014

@ Y Combinator

Danae Ringelmann at Startup School SV 2014

10/15/14

Related Takeaways

OP

Olivier Pomel

06/14/24

@ The Logan Bartlett Show

In the early days, we were always scared of not getting it right and being out-executed by competitors, which drove us to focus hard on our early customers and their needs.

JL

Jessica Livingston

07/11/18

@ Y Combinator

Be bold and willing to work on ideas that others might consider foolish, as this boldness is often necessary for startup founders.

EM

Eric Migicovsky

10/13/18

@ Y Combinator

After raising money, many startups forget how to be scrappy and creative, which is often essential for success in the early stages.

DR

Danae Ringelmann

10/15/14

@ Y Combinator

Today, fearlessness means ruthlessly prioritizing and saying no to the least important things to maintain our focus on democratizing access to capital.

JL

Jessica Livingston

06/27/24

@ Lenny's Podcast

I learned that sometimes ignorance can lead to unique strengths, as our inexperience in angel investing led to the successful batch funding model at Y Combinator.

ES

Emmett Shear

10/15/14

@ Y Combinator

When we started, all we had was a determination not to give up, despite lacking the necessary skills for success in startups.

YC

Y Combinator Cast

03/01/24

@ Y Combinator

Fear can lead founders to make irrational decisions, such as pivoting too quickly without proper validation of their ideas.

BG

Bill Gates

02/21/25

@ Stripe

In the early days, there wasn't a venture capital industry, and it was unusual for a 16-year-old to have a profitable business.

OP

Olivier Pomel

06/14/24

@ The Logan Bartlett Show

In the early days, we struggled to raise money, which taught us to focus on solving real problems and to build an efficient, profitable business from day one.