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Atmrix

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YC

Y Combinator Cast

04/28/17

@ Y Combinator

Execution is more valuable than the idea itself; founders should not give disproportionate equity to the person who came up with the idea.

Video

YC

Legal and Accounting Basics for Startups with Kirsty Nathoo and Carolynn Levy (HtSaS 2014: 18)

@ Y Combinator

Legal and Accounting Basics for Startups with Kirsty Nathoo and Carolynn Levy (HtSaS 2014: 18)

04/28/17

Related Takeaways

MS

Michael Seibel

08/16/24

@ Y Combinator

Having an idea is not a valid reason for a 90-10 equity split; execution is what truly matters in a startup.

JL

Joe Lonsdale

04/26/24

@ My First Million

You need to be aware that many startups fail because they underestimate the importance of execution alongside good ideas.

JL

Joe Lonsdale

04/26/24

@ My First Million

You need to be aware that many startups fail because they underestimate the importance of execution alongside good ideas.

GT

Garry Tan

04/22/20

@ Garry Tan

New insights are hard to come by because good ideas are rare, and bad ideas can nullify perfect execution, causing talented founders to struggle despite having great resources.

SA

Sam Altman

03/18/17

@ Y Combinator

Execution is often the most critical part of starting a company, and founders must be prepared for a long grind focused on execution.

YC

Y Combinator Cast

01/20/22

@ Y Combinator

Execution is crucial; all these founders had to build products that worked effectively and handled significant amounts of money, proving that talk is cheap but execution is hard.

MS

Michael Seibel

08/16/24

@ Y Combinator

Experience alone does not justify a larger equity share; a co-founder must be a key contributor to the team.

HT

Harj Taggar

03/26/21

@ Y Combinator

If one co-founder has been working on the idea longer, it may be reasonable to adjust the equity split, but avoid short-term optimization that could harm long-term motivation.

TB

Tikhon Bernstam

09/09/17

@ Y Combinator

Second-time founders often feel pressure to come up with a genius idea, but the best startups usually succeed by simply doing something better than existing options.