Y Combinator Startup Podcast Why Investors (including YC) Can’t Fix Your Company
Oct 20, 2022
Explore the misconceptions founders have about the role of investors and the pitfalls of following misguided financial advice. Discover why prioritizing product development over financial metrics is crucial for startups. Delve into the complexities of startup guidance, emphasizing the need for adaptability. Learn about the essential accountability founders must have for their success. Finally, hear how brutal honesty in feedback can drive significant growth and reveal the true challenges that need addressing.
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No Secret Solutions
- Founders often believe top investors hold secret solutions.
- However, even experienced investors don't have all the answers.
Finance-Focused Investors
- Beware of finance-focused investors in early stages.
- Their solutions often revolve around money, which may not be the right approach pre-product-market fit.
Big Company Execs
- Big company executives excel at scaling successful products.
- They may struggle with early-stage challenges like acquiring initial customers.