ZIRP stands for “Zero Interest Rate Policy,” and it refers to a stretch of time — most recently throughout the pandemic — in which the Federal Reserve sets i...
Thinking of a new startup idea? Dalton Caldwell and Michael Seibel discuss the types of ideas to stay away from—what we commonly refer to as "tarpit ideas."
Apply to Y Combinator: https://yc.link/DandM-apply
Work at a Startup: https://yc.link/DandM-jobs
Chapters (Powered by https://bit.ly/chapterme-yc) -
00:00 - Intro
00:16 - Advice on pivoting - Tarpit ideas
00:38 - Tarpit definition
03:49 - Most tarpit - Consumer ideas
04:56 - Why do founders choose consumer ideas so much
06:37 - Why is it hard doing consumer stuff
07:21 - What's the bar for a startup
07:43 - Google
09:53 - Facebook
11:19 - Timing - Web 2
13:38 - Smartphone
14:21 - What is a tarpit idea?
15:45 - App to discover new things
16:34 - Why they don't work
19:37 - Recent target ideas
20:27 - Web3 - Rebuilding the world
21:38 - Theory of supply and demand
23:29 - Demand side
26:13 - Best pivots
27:49 - Closing thoughts
The long awaited follow-up to their original tarpit ideas video, Dalton and Michael dispel some misconceptions about what a tarpit idea actually is and how i...
Silicon Valley’s Best Kept Secret: Founder Liquidity
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First chapter of my audiobook "Long Term Game: How to Build a Video Games Company"
Listen to this episode from Elite Game Developers Podcast on Spotify. My book, "Long Term Game: How to Build a Video Games Company," came out in March 2020. It was also released as an audiobook version, which you can find on Audible and other major online audiobook stores. I want to share with you the first chapter of the book. I hope you enjoy this read from Keith O’Brien. Get the book from here. Note that this episode is a repost from 2020.
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Angel: How to Invest in Technology Startups—Timeless Advice from an Angel Investor Who Turned $100,000 into $100,000,000 by Jason Calacanis
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There is a lot of advice about how to be a good startup founder. But there isn’t very much about how to be a good startup investor. Before going any further, I should point out that this is a...
I realize everyone's twitter feed looks different. But I'll go ahead and subtweet two conversations that I see going by right now: a) How the heck did Shopify get so big this decade and b) You have to work 80 hours a week to be successful. Thread/— Tobi Lutke 🌳🌲 (@tobi) December 26, 2019
Vikrum Nijjar: Engineer #1 at Firebase and Founder of Gold Fig Labs (YC S19)
Vikrum Nijjar joined as the first engineer at Firebase, and did whatever it took to help the company succeed: scaling out infrastructure, shipping mobile SDKs, hosting 1-1 office hours with developers and even standing in as SRE for 24x7 hour shifts... for over a year. In this interview, Vikrum tel
How I Created A $60K/Month App That Collects In-Person Payments Through Stripe - Starter Story
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How to Choose a Startup to Work For by Thinking Like An Investor
I believe that most advice on choosing a startup to work for is wrong. Early employees at wildly successful startups suggest you assume the value of your equity is zero (https://twitter.com/rabois/status/679722946919677952) and instead optimize for how much you can learn (https://triplebyte.com/blog/interview-with-gmail-creator-and-y-combinator-partner-paul-buchheit). In this post I'll argue that evaluating how likely a startup is to succeed should actually be the most important factor in your decision to join one. As a former partner at Y Combinator, I know a lot about how investors do thi...