First time founders struggle to get honest feedback from investors, while second time founders may receive more lenient treatment due to their established network. However, the pressure to succeed only increases for second time founders, and financial independence from a previous startup can be a major advantage. It's like driving on autopilot until it suddenly shuts off on a curvy mountain road.
Step inside the Group Partner Lounge to hear Y Combinator Group Partners Harj Taggar, Michael Seibel and Brad Flora discuss the advantages of being a first-time founder and the instances when it pays to have experience founding a startup in the past.
Apply to Y Combinator: https://www.ycombinator.com/apply/
Work at a Startup: https://www.workatastartup.com/