Are You Hiring Executives That Have Been Early?

4min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

80% of companies that we ended up like, in terms of from the founding team perspective, were not the companies that we had written down a. It's only very few founders that can also do this, only because it means you have to be willing to give up ownership and control. And so when you're bringing in people that are much smarter than you in that area or domain, you need to take a step back being like, let them own their own, their domain. Let them run their department. Absolutely. Soig for but then thy ouht to have a pen wal, oh, thatwld be fast. No, i remember. The other thing is

Amber Atherton is the founder and CEO of Zyper (YC W18).

Iba Masood is the cofounder and CEO of TARA (YC W15).

The YC podcast is hosted by Craig Cannon.

Y Combinator invests a small amount of money ($150k) in a large number of startups (recently 200), twice a year.

Learn more about YC and apply for funding here: https://www.ycombinator.com/apply/

***

Topics

00:00 - Intro

1:16 - Seed fundraising for Zyper and Tara

3:26 - Tara's pivot

4:31 - Series A fundraising for Zyper and Tara

18:11 - Evaluating investors

23:46 - Meeting with associates and partners

30:35 - Raising a Series A as a female founder

39:31 - Fundraising psychology

41:46 - What not to do when fundraising

45:01 - Talking to portfolio companies about investors

46:21 - What it's like to run a Series A stage company

1:00:41 - The most important piece of advice for fundraising