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Michael Seibel

06/02/24

@ Startup Istanbul

Conduct thorough market research to determine if there are billions of dollars being made in your market, and analyze your competitors' products to inform your strategy.

Video

Everything We Teach at YCombinator in 10 Minutes

@ Startup Istanbul

Everything We Teach at YCombinator in 10 Minutes

06/02/24

Related Takeaways

Kevin Hale

07/03/19

@ Y Combinator

To determine the size of your market, conduct thorough research on demographics and industry studies. Understand if your business model can realistically support significant revenue growth.

Garry Tan

10/18/19

@ Garry Tan

Understand your market by analyzing your competitors, their market segmentation, and where your product fits within that landscape.

Garry Tan

10/18/19

@ Garry Tan

Talk about your competition and alternatives, including what others are currently doing in the market.

Seth Godin

12/08/24

@ Lenny's Podcast

Identifying your competition is essential. If you're competing against a giant like Walmart, you need to understand their strategies and how they impact your business.

Sequoia Capital Cast

05/12/25

@ Sequoia Capital

As a marketer, I utilize deep research weekly to analyze competitors and summarize their releases for my meetings, enhancing my strategic insights.

Elad Gil

03/09/18

@ Y Combinator

Evaluate whether you would personally use the product being pitched, as this can indicate its necessity and potential success in the market.

Harvard Innovation Labs Cast

06/12/13

@ Harvard Innovation Labs

Think like an architect when building your company; plan for profitability and ensure your product is designed to meet market demands effectively.

Nikhil Kamath Cast

10/07/23

@ Nikhil Kamath

When starting a brand, it's crucial to identify the intricacies of the market and understand where the black holes are that need to be filled.

Macy Mills

05/17/25

@ a16z speedrun

Market research and customer feedback are essential; pay attention to what customers say and don't say about your product's value and implementation.