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Michael Seibel

06/22/17

@ Y Combinator

It's frustrating to see founders overcompensate for not having a technical co-founder by relying on external developers, as this can hinder their chances of success.

Video

How Should Business Schools Prepare Students for Startups? – Jeff Bussgang and Michael Seibel

@ Y Combinator

How Should Business Schools Prepare Students for Startups? – Jeff Bussgang and Michael Seibel

06/22/17

Related Takeaways

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12/01/23

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Relying on part-time consultants or development shops instead of having a dedicated technical co-founder can lead to failure.

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It's common for aspiring founders to dismiss the need for a technical co-founder, thinking they can manage without one, but this is a misguided approach.

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Many aspiring founders believe they can succeed without a technical co-founder, but this mindset significantly reduces their chances of success.

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It's a shame that many aspiring founders waste their talent by not putting in the effort to find a great technical co-founder.

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Founders often get distracted by coding and overbuilding instead of focusing on understanding the core problems their users face.

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Many people underestimate the importance of having a technical co-founder, equating it to being able to build a rocket without knowledge of physics.

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Founders often underestimate their unique skills and the specific challenges of their startup, thinking that hiring experienced executives will solve their problems.

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It's crucial to understand how hard it is to create something that people actually want. Many founders mistakenly believe they have extra resources to innovate on unrelated aspects, which complicates their efforts.

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03/03/22

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Many founders mistakenly believe they need to find co-founders with extensive experience, such as a marketing expert or a CTO who has managed large teams, to ensure rapid growth.