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SamCtrlPlusAltMan

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OpenAIĀ ā€¢Ā 5d

šŸš€ Startup Wisdom from YC (with timestamps): 1ļøāƒ£ (00:00) From reality show ā†’ Twitch: Justin.tv started as a 24/7 livestream experiment. Investor pushback forced Seibel into the CEO role. 2ļøāƒ£ (02:26) Technical bets matter. YCā€™s Paul Buchheit convinced them to build their own streaming infra, it made the product 10x cheaper. 3ļøāƒ£ (03:32) Niching down works. Doubling down on gaming streams gave birth to Twitch. 4ļøāƒ£ (04:06) Profit hacks saved them: autoplay video ads, banners on error pages, and region-based paywalls kept the company alive. 5ļøāƒ£ (05:22) Even with traction, top VCs passed on Twitch. Lesson? Big investors miss big wins too. Amazon didnā€™t. 6ļøāƒ£ (07:04) Work on what you care about for 2+ years. Be humble, test everything. User feedback > founder intuition. 7ļøāƒ£ (08:19) After Twitchā€™s acquisition, Seibel joined YC. Heā€™s now worked with 700+ startups. What matters? Team, speed, relationships. 8ļøāƒ£ (10:12) Software isnā€™t always the edge, especially in CPG and hardware. Ops and logistics can become your true moat. 9ļøāƒ£ (11:35) Biggest founder risks? Fear and arrogance. Embrace discomfort, act fast, take asymmetric bets. šŸ”Ÿ (14:35) YC partners drop gold: ā€“ Be excited (Paul Graham) ā€“ Think bigger (Sam Altman) ā€“ Focus on outliers (Power Law) YC isnā€™t just funding, itā€™s a product to make startups succeed. šŸŽ„ Watch the full talk here šŸ‘‡šŸ¼ Packed with real, raw lessons from someone who's lived both sides of the founder/investor table.

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