Tools

Search

Explore

Videos Channels Figures

Atmrix

About

Tools

Search

Explore

Videos Channels Figures

Atmrix

About

MS

Michael Seibel

01/27/22

@ Y Combinator

Investors often fund ideas based on the assumption that if a product works in one market, it will work in another, which can lead to failures if not validated.

Video

YC

Simple Products That Became Big Companies – Dalton Caldwell and Michael Seibel

@ Y Combinator

Simple Products That Became Big Companies – Dalton Caldwell and Michael Seibel

01/27/22

Related Takeaways

MS

Michael Seibel

01/27/22

@ Y Combinator

Validation from investors or media does not guarantee a product's success; founders must ensure their product meets real user needs.

EG

Elad Gil

10/18/18

@ Y Combinator

Startups often fail because they pursue markets that have been tried many times before without understanding why they failed previously.

TB

Tikhon Bernstam

09/09/17

@ Y Combinator

Investors often overlook the potential of existing large markets, thinking they are too crowded, but if you can create a significantly better product, there's room for many winners.

DC

Dalton Caldwell

03/22/24

@ Y Combinator

Investors often respond to ideas that are popular or trending, which can mislead founders into thinking they should follow the crowd rather than pursue their own insights.

EG

Elad Gil

10/18/18

@ Y Combinator

In the early stages, companies often fail to find product market fit, which can derail their success.

EI

Elizabeth Iorns

10/03/18

@ Y Combinator

Biotech founders often make the mistake of not conducting the essential experiments needed to validate their ideas, fearing that failure could jeopardize their startups.

BF

Brad Flora

06/02/22

@ Y Combinator

Founders often mistakenly believe they have customers based on interest, but without revenue, they can't confirm the viability of their ideas.

YC

Y Combinator Cast

03/01/24

@ Y Combinator

It's important to recognize that many successful companies faced skepticism from investors initially, which doesn't necessarily indicate a bad idea.

YC

Y Combinator Cast

03/01/24

@ Y Combinator

Founders often need to build conviction in their own ideas before seeking validation from others, including investors.