Is This the Right Team to Build Linkdon?

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A lot of companies try to use the x for y model, but most people abuse it or do it incorrectly. Woint gives you some tips on how to avoid using this technique in your own business. Sipher ilegibility: Is X a household name? This should be like, a billion dollar company. Does y want x? Really clear why the target that you're going after wants this kind of solution applied to it. And then the third one is, hy should be a huge market.

We've cut down the eighth week of lectures to be even shorter and combined them into one podcast.

First a lecture from Adora Cheung. Adora’s a partner at YC. Her lecture covers how to prioritize your time.

Then a lecture from Kevin Hale. Kevin is also a partner at YC. His lecture is the second part of his talk on how to evaluate startup ideas.

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/

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Topics

00:00 - Intro

00:32 - Adora Cheung - How to Prioritize Your Time

2:12 - Real vs fake progress

4:10 - How to determine if you're prioritizing the right tasks

4:42 - Keep a spreadsheet of ideas related to moving your primary KPI

7:32 - Grade the new and old ideas once a week based on potential impact

9:52 - Consider the complexity of each task

11:32 - Don't try to do everything at once

11:52 - How do I know I'm prioritizing my time well?

13:42 - What if I can't complete my tasks in time?

14:02 - Maker's Schedule, Manager's Schedule

15:32 - Moving fast

16:47 - Kevin Hale - How to Evaluate Startup Ideas Pt. 2

18:52 - How to apply to Y Combinator

20:17 - As a YC partner, you don't need to sell me

21:12 - Can I understand the idea? Am I excited by it? Do I like the team and want to work with them?

21:47 - How do I describe my company in a very efficient manner?

22:52 - Making your idea legible

25:12 - Things to avoid when describing your company

27:34 - Be conversational

28:02 - Avoid jargon, no preamble, and be reproducible

28:47 - Nouns: what are you making, what is the problem, and who is the customer

32:47 - Using the X for Y formula of explaining your startup

36:57 - Be concise without leaving out the key nouns

40:47 - How to adjust a description