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Atmrix

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DC

Dalton Caldwell

05/10/19

@ Y Combinator

The founders of Breck's changed their idea within weeks of funding, demonstrating the importance of speed in finding a successful concept.

Video

YC

How to Create Luck - Dalton Caldwell, Y Combinator Partner

@ Y Combinator

How to Create Luck - Dalton Caldwell, Y Combinator Partner

05/10/19

Related Takeaways

DC

Dalton Caldwell

05/10/19

@ Y Combinator

Breck's, a credit card for startups, pivoted from a VR headset idea to a successful business by quickly realizing their initial idea wasn't viable and iterating through multiple concepts.

MS

Michael Seibel

04/29/23

@ Y Combinator

Brex's founders spent time with potential customers to understand their complexities, allowing them to quickly ship a relevant product.

DC

Dalton Caldwell

08/30/19

@ Y Combinator

The founders of Brex had prior experience in fintech, which contributed to their success after pivoting, demonstrating the importance of founder-market fit.

YC

Y Combinator Cast

07/22/23

@ Y Combinator

It's crucial for Founders to validate their ideas quickly to avoid wasting time on concepts that don't resonate with users.

YC

Y Combinator Cast

07/22/23

@ Y Combinator

Both Brex and Goat had to realize their initial ideas were not right before moving on to their successful ventures.

JL

Jessica Livingston

10/25/13

@ Y Combinator

The founders of OrderAhead had to refine their idea multiple times before finding success, demonstrating that persistence and adaptability are crucial in startups.

YC

Y Combinator Cast

07/22/23

@ Y Combinator

The experience of Founders is critical in determining the success of a startup, as they can adapt and pivot effectively based on their excitement and suitability for the idea.

YC

Y Combinator Cast

04/12/24

@ Y Combinator

Once hard tech founders shift their mindset to focus on quick, cost-effective progress, they often find success in attracting investment.

DC

Dalton Caldwell

08/30/19

@ Y Combinator

Brex pivoted from a VR hardware headset idea to a credit card for startups, achieving product-market fit quickly and raising hundreds of millions in just two years.