What mental traps do you fall into when looking around at the competition?
@nbhhcghgfyg2 жыл бұрын
Fundraising story
@Politirized2 жыл бұрын
Building a product for a market that already has a lot of products, but there is no clear/big winners. It is daunting to think that your product is going to pass through all of those graves.
@BigDataLogin2 жыл бұрын
How true 👏 😅
@VenturiLife2 жыл бұрын
Over-estimating them.
@mukisajwАй бұрын
Because the competitor raised 5 million dollars 😂😂😂
@joshwilson80922 жыл бұрын
The truth is you aren't competing against Amazon, you're competing against a junior product manager who works at Amazon. Once you realise that the challenge is far less daunting.
@Okeh_Emmanuel2 жыл бұрын
This was timely, we are at a point in our company where the competition who recently raised 7 figures and pumping most of the money into ads have given us some concerns... yet our numbers are good and we seem to be making better product decisions inspite no funding round or big media publicity yet.
@markg59862 жыл бұрын
Excellent! Keep up the good work, @Okeh
@chapterme2 жыл бұрын
Chapters (Powered by ChapterMe) - 00:00 - Competitors 00:51 - Fear of the Competition 01:42 - Lies Founders Tell Themselves 02:32 - Most Common Outcomes 03:28 - Perception vs Reality 06:57 - Copycats - Twitch 08:15 - Back to Basics 08:50 - Real Competitive Concerns 09:40 - A Better Product - Socialcam 10:14 - Structural Advantages - Kiko and Perfect Audience 11:20 - "Good Enough" example - Microsoft Teams and Slack 12:30 - FAANG Fails 13:40 - Instacart vs Amazon 14:16 - Cruise vs Google 15:00 - Build a Better Product
@philmckay99732 жыл бұрын
Why no tshirt print biz?
@terrylennon2 жыл бұрын
Definitely felt the fear/pain of 'looking over at competitors' super super keenly - especially the point of seeing them raise a mammoth Series A, and being like "that's it *kicks over table* ...it's all over!" I think that the piece on talking to users and having that intimate understanding of their problem is so understated - almost like this solves the paradigm of watching a competitor blow up too, but knowing that despite the alarm bells ringing, you're still solving user problems and providing value.
@Daniel-ny7bn2 жыл бұрын
These guys are therapists for tech startups
@brandoYT2 жыл бұрын
Sounds similar to Tesla strategy - focus on the product, constantly improve the product. Competitors are constantly creating new products [new engines, new body style, new seats etc.] Tesla focus on product to scale production which cuts costs and leads to best profit margin in the vehicle industry.
@allwecanseeisaboveusnow2 жыл бұрын
Elon Musk was also a millionaire before he acquired Tesla, his capital allowed his company to scale an amount about 99% of the population wouldn’t be able to do without venture capital, loans, etc
@Okeh_Emmanuel2 жыл бұрын
You mean Ford or other motor companies ?
@GireshKumarS72 жыл бұрын
Ty ygy
@derek-yap2 жыл бұрын
When big companies try to copy features or products a lot of times they don’t get it quite right because of all the politics and bureaucracy in their organizations. Those things can dilute a great idea.
@carlosbraga9381 Жыл бұрын
thx for the insight Derek!
@londonl.58922 жыл бұрын
I wrote a piece about similar worries as a startup founder on Medium (London Lowmanstone - "Network Effects are Software’s Defensible Moat"). So great to see people who have actually talked to so many different startups and can give examples of failures and successes and the ratio that's actually seen in the world, rather than guesses based out of fear.
@rudyfraser71172 жыл бұрын
Needed to hear this this week. Thank you 🙏🏾
@KaizenWithLevers5 ай бұрын
Thnx to the admin for making such a great job on YC lists. Super easy to navigate them
@sachinelearning2 жыл бұрын
"They have replaced their enthusiasm and replaced it with fear" - This is a 10000% true
@rohankamath882 жыл бұрын
Hey YC Team, Please do a case study on Fast in the next week or two. Would love to hear your take and deep dive on what happened and some learnings for us all from the whole episode.
@hsuyuting19932 жыл бұрын
Finally a new video! Can't wait!
@BuffettAnswers2 жыл бұрын
Amazing and simple. Build a better product and really care about the customer, because FANG will only scratch the surface and won’t go above and beyond
@RoadmapMBA2 жыл бұрын
Love it guys! Keep up the great work!!
@StreamAgency2 жыл бұрын
These videos cut deep and I keep coming back for more.
@rowancode2 жыл бұрын
Holy cow how this could have so few views? This is gold
@vishnunallani2 жыл бұрын
great video right on time when i needed it.
@purplefan2042 жыл бұрын
Awesome insights! Wish I had heard this a year or so back!!
@zetendra2 жыл бұрын
Hey ycombinator admin, would you mind creating playlist for partner lounge series? So I don't need to check it out every time. :)
How about if it's 1990 or the early 1990's and you want to build an online encyclopedia (edited by both companies and individuals). Microsoft already has an encyclopedia on CD or DVD. Wouldn't you think they would take the encyclopedia online.
@hoangvantrong12 жыл бұрын
Great video for startup
@akifyaldir2 жыл бұрын
That's great! Thank you.
@jessenorthcutt99262 жыл бұрын
. . . Yes, yes, . . . When Brad Flora brings it back to simply "building a better product" as the priority, rather than the other structural aspects . . .
@SrikantShirisha2 жыл бұрын
Reminds me of the Monopoly story. I think Mervin Gardens is till date wrongly spelled because it was wrongly spelled in the originally game!
@keyurgandhi71022 жыл бұрын
Hello I want to know how startup company can tie up with big companies for any purpose of startup like API, some information, etc
@productivitymonster2 жыл бұрын
when the problem is small but growing, large companies may ignore it for a long enough time for you to build another unicorn)
@ilidio66172 жыл бұрын
13:27 that is a good point
@SrikantShirisha2 жыл бұрын
Google drive vs dropbox? Google meet vs Zoom? Why are the two different? Why dropbox was affected by drive more than how zoom was affected by meet?
@El_Diablo_122 жыл бұрын
8:00 when Twitch turned around 15:00 You need a better product
@jonnelsloane2 жыл бұрын
Great content
@prashantbagga25802 жыл бұрын
are you guys using riverside for this video?
@KaizenWithLevers5 ай бұрын
thats free publicity bro. They are not going to do it!!
@user-tm5po2ej5u2 ай бұрын
Soon i going to because I can because i got the power
@fletchermclaughlin89712 жыл бұрын
Changed the title lol
@LearnWithBahman2 жыл бұрын
Amazon actually won in cloud but there were not even close to number 1 in cloud when cloud startups started. Structural advantage sucks.
@zackvalos15912 жыл бұрын
I Reject Death as a certainty. Y canit I just back up my brain live online until i can come back alive offline. .
@suharsh962 жыл бұрын
Wanna join a desi community for this y'all? Ping me
@waymanharris12842 жыл бұрын
#Awesome
@jatingarg23082 жыл бұрын
You don't beat big tech You become 1 😛
@CuriosityMonster9 ай бұрын
The indian guy: "ipods are a waste of money." 😄
@projectDesignAndFunction2 жыл бұрын
No my way to be the next Amazon
@nictuku10842 жыл бұрын
Cameras are too zoomed in, IMHO
@romanerrandonea77912 жыл бұрын
Hello, I am the CEO of Elexion, an information brokerage platform. We are engaging with people in Silicon Valley to learn about emerging issues in communicating this information to Latin American entrepreneurs! If you are a citizen We would like to know the problems that are occurring. Write us....
@KaizenWithLevers5 ай бұрын
what you mean?
@peeps93952 жыл бұрын
I am the first commenter, that's how much dedicated I am, take me in yc or you will be cursed 😶🌫️
@anirudhashok52832 жыл бұрын
Teams >> Slack
@vibhoo2 жыл бұрын
Over Time. Microsoft teams has become the very good, the intergration with the email, calendar and other MS product is best.
@philmckay99732 жыл бұрын
When i see google search….all i see is Yahoo! Search 2000 drenched in payola
@jashmota50542 жыл бұрын
Are you being lead by fear, or love?
@kolacao81342 жыл бұрын
What do you mean by love?
@jashmota50542 жыл бұрын
@@kolacao8134 just caring about user's problems and solving them.