Invest Like the Best with Patrick O'Shaughnessy cover image

Dave Fontenot - The Monastery of Code - [Invest Like the Best, EP.365]

Invest Like the Best with Patrick O'Shaughnessy

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Learning from Failure and Competing with Y Combinator

The speaker emphasizes that learning from failure is important in new endeavors, but it doesn't encompass all aspects. They highlight the key insight obtained from observing programs competing with Y Combinator (YC): programs failed when they accepted founders who YC rejected. Therefore, the speaker's program targeted a different demographic to differentiate. They focus on understanding customer and founder needs, aiming to stay a step ahead by being deeply connected with their customers throughout the program.

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