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Michael Seibel

08/07/24

@ Y Combinator

Many startup ecosystems exist primarily to stimulate the local economy, which can lead to advice that discourages founders from leaving those areas to pursue larger opportunities.

Video

The Problem With Startup "Experts"

@ Y Combinator

The Problem With Startup "Experts"

08/07/24

Related Takeaways

Y Combinator Cast

08/07/24

@ Y Combinator

Many local startup advisors may be tied to large companies, which can lead to misaligned motivations and ineffective guidance for startups.

Tikhon Bernstam

09/09/17

@ Y Combinator

I learned that many international startup scenes are trying to replicate Silicon Valley, but it's more effective to focus on niche markets and build supportive communities.

Brad Flora

02/13/25

@ Y Combinator

Founders should avoid moving their startups to cheaper locations after Y Combinator, as this can lead to a loss of valuable resources and talent.

Michael Seibel

08/07/24

@ Y Combinator

Getting startup advice from individuals who have only worked at large companies or who have never been involved in a startup can be misleading and unhelpful.

Michael Seibel

06/09/22

@ Y Combinator

There's a trend of founders wanting to be part of a startup ecosystem rather than just building one, showing a desire for community and collaboration.

Sam Altman

05/06/15

@ Platzi Team

Instead of replicating successful U.S. startups in local markets, entrepreneurs should focus on solving local problems with innovative solutions that may not resemble existing models.

Y Combinator Cast

04/18/24

@ Y Combinator

It's challenging to provide one-size-fits-all advice for startups, as the same idea can yield different outcomes based on the founders' expertise.

Peter Thiel

04/02/15

@ Mercatus Center

We should focus on starting more good businesses rather than just increasing the number of startups, as not all ideas are worth pursuing.

Y Combinator Cast

03/09/18

@ Y Combinator

Investors should maintain a supportive role, helping founders navigate challenges rather than prioritizing their own interests, which can lead to detrimental outcomes for the startup.