<ol><li>Problem</li><li>Solution</li><li>Insight</li></ol>

Startup Idea

<ul><li>Popular</li><li>Growing</li><li>Urgent</li><li>Expensive</li><li>Mandatory</li><li>Frequent</li></ul>

1. Problem - Startup Idea

<ul><li>I must have a startup. Because startup = growth. A company that is designed to grow very quickly.</li><li>A great investor will pitch back how the idea can grow very big. The average investor will say what’s wrong with the idea.</li></ul>

How to predict an investor will like my idea

<ul><li>Related to growth</li><li>Why I solve that problem </li></ul>

3. Insight - Startup Idea

Don’t start here.

2. Solution - Startup Idea

Zappier, reddit was at YC and they had just an idea, no single line of code.There are companies at YC with no software, they just pitched an idea.

YC doesn’t just fund companies with traction

YC Partner Kevin Hale walks us through the process of evaluating ideas and how founders should think about their startups. Startup School is YC's free online program for founders. Sign up to access the full curriculum and over $100k in deals! https://www.startupschool.org/ *** Topics 00:00 - Why we're starting with evaluating ideas 1:25 - YC doesn't just fund companies with traction 2:50 - How can I predict if an investor will like my idea? 5:15 - A startup idea is a hypothesis 6:55 - The problem 10:55 - The solution 12:35 - The insight 14:00 - Founder's unfair advantage 15:00 - Market growing 20% a year 15:40 - Product 10x better 16:30 - Acquisition model 17:55 - Monopoly 18:50 - Threshold belief 19:10 - Miracle belief 20:10 - Example: YC 23:20 - Example: Wufoo

crypto

Cryptocurrency

moneyandinvestments

Money & Investments

business

Business

startup

Startups

humanresources

Human Resources

YC Partner Kevin Hale walks us through the process of evaluating ideas and how founders should think about their startups. Startup School is YC's free online program for founders. Sign up to access the full curriculum and over $100k in deals! https://www.startupschool.org/

Transcript and lecture slides here: https://www.ycombinator.com/library/6e-how-to-evaluate-startup-ideas

This lecture is part of YC's Startup School, a free online program and global community of founders. Register and join the community at https://www.startupschool.org/

***

Topics

0.00 - Why we're starting with evaluating ideas

1:25 - YC doesn't just fund companies with traction

2:50 - How can I predict if an investor will like my idea?

5:15 - A startup idea is a hypothesis

6:55 - The problem

10:55 - The solution

12:35 - The insight

14:00 - Founder's unfair advantage

15:00 - Market growing 20% a year

15:40 - Product 10x better

16:30 - Acquisition model

17:55 - Monopoly

18:50 - Threshold belief

19:10 - Miracle belief

20:10 - Example: YC

23:20 - Example: Wufoo

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What is Y Combinator?
We invest $500,000 in every startup and work intensively with the founders for three months. For the life of their company, founders have access to the most powerful community in the world, essential advice, later-stage funding and programs, recruiting resources, and exclusive deals. 

Visit https://ycombinator.com/why to learn more.



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