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David Rusenko - How To Find Product Market Fit

  Рет қаралды 768,365

Y Combinator

Y Combinator

Күн бұрын

David Rusenko details the story of how Weebly developed one of the most popular website creation and hosting sites on the web today. Startup School is YC's free online program for founders. Sign up to access the full curriculum and over $100k in deals! www.startupsch...

Пікірлер: 294
@brendan2240
@brendan2240 2 жыл бұрын
How have only 500K people viewed this in the past 3+ years? It's literally a competitive advantage to be in the 500K group of people that have viewed this presentation!
@renoirfariacom
@renoirfariacom 2 ай бұрын
That explains the high volume of shitty product pitches we see in the majority of tech/startup/innovation conferences.
@oweisman
@oweisman 2 жыл бұрын
If I had to recommend just one talk about startups to someone, this would be it! This guy is such a natural presenter and so practical. Kudos!
@abedtau3503
@abedtau3503 2 жыл бұрын
100% agree
@ZelenoJabko
@ZelenoJabko 5 ай бұрын
He probably rehearsed for weeks...
@danilkoshuev7075
@danilkoshuev7075 3 жыл бұрын
I love how he summarizes every question before answering to it ❤️
@pablos3563
@pablos3563 2 жыл бұрын
R u from Kazakhstan?
@danilkoshuev7075
@danilkoshuev7075 2 жыл бұрын
No, I’m from Kyrgyzstan
@pablos3563
@pablos3563 2 жыл бұрын
@@danilkoshuev7075 And how is it going after a year? Has found product market fit?
@facutti4213
@facutti4213 2 жыл бұрын
If you wanna be an entrepeneur you could literally throw away 5 years of college instead of this masterpiece seminar, no joke.
@ggadguy
@ggadguy 6 жыл бұрын
I think he meant the first line of code was done in 2006, not 2016.
@RusuTraianCristian
@RusuTraianCristian 6 жыл бұрын
Yeah, he said it correctly "12 years ago" but the slide was wrong. :D
@swagv
@swagv 6 жыл бұрын
How can a CEO quote 2016 as 12 years ago??
@abdulazizalshehri1995
@abdulazizalshehri1995 6 жыл бұрын
If you got 300 million you will know
@AlexRosier
@AlexRosier 6 жыл бұрын
People, we're living in the future. It's 2028.
@albeit1
@albeit1 5 жыл бұрын
@@AlexRosier No, YC is just backcasting to 2018. They issued a memo about this back in 2027, but not everybody saw it.
@voice-of-freedom
@voice-of-freedom 3 жыл бұрын
Just randomly came accross this and truly the best startup talk I have heard. Great getting away from the theoretical and in to the practical.
@DRFoodReviews
@DRFoodReviews 3 жыл бұрын
One of the best talks I’ve seen on startups. And a clinic on how to present material. I’m just left to wonder how much younger he could have looked in 2006.
@yucheng-liu
@yucheng-liu Жыл бұрын
The part which resonates with me the most is, we like to say "This is so hard but it's because we are doing hard things". It does not always hold especially on PMF part. If you are feeling every step being hard, it implies you are not doing right. The right feeling is everything should be easy.
@danieldixon1676
@danieldixon1676 4 жыл бұрын
By far one of the best talks on Product Market Fit. You'll know when you're here when every piece of this talk resonates.
@SuperKillaki
@SuperKillaki 6 жыл бұрын
This is the best one so far in the series.
@IcaroVolera
@IcaroVolera 6 жыл бұрын
Damn, this talk made me feel better about my startup
@danieldulake8391
@danieldulake8391 5 жыл бұрын
Thank you very much, this is what I’m looking for a long time! kzfaq.info/get/bejne/nayYi9ZhqLWXfqc.html
@mckayprestwich
@mckayprestwich 3 жыл бұрын
How is it going?
@ngannguyenkim2599
@ngannguyenkim2599 3 жыл бұрын
Yeah, how is it going?
@IcaroVolera
@IcaroVolera 3 жыл бұрын
@@ngannguyenkim2599 Closing our seed round. It is going forward
@xLightcrystalx
@xLightcrystalx 3 жыл бұрын
@@IcaroVolera Great job man!
@juniorogunyemi5428
@juniorogunyemi5428 4 жыл бұрын
This is the BEST seminar i've ever watched! thank you
@user-qg8qc5qb9r
@user-qg8qc5qb9r 2 ай бұрын
00:00:00 - Introduction to David Rusenko and Weebly 00:01:12 - Weebly's Early Journey and Initial Struggles 00:02:49 - Early Days and Applying to Y Combinator 00:04:19 - First Press Spike and Moving to San Francisco 00:06:14 - Continued Struggles and Early Traction 00:09:20 - Defining Product Market Fit 00:09:52 - Stages of a Company and Initial Product Market Fit Search 00:11:23 - Hardest Challenges in a Startup 00:12:23 - Creating a New Market 00:13:57 - Finding a Hidden Need and Customer Insights 00:16:06 - Building a Remarkable Product 00:16:33 - Step-by-Step Process to Achieve Product Market Fit 00:17:35 - Listening to Customers and Rapid Prototyping 00:18:57 - Testing Solutions with Customers 00:20:16 - Keep Burn Low and Build a Quick Iteration Team 00:20:51 - User Experience (UX) Testing Sessions 00:24:07 - Minimum Remarkable Product and When to Launch 00:27:08 - Prioritizing and Optimizing for Learning 00:29:39 - Key Metrics for Product Market Fit 00:32:00 - Importance of Active Users Over Signups 00:33:23 - Beyond Product Market Fit: Scaling and Building a Brand 00:34:18 - Product Market Channel Model Fit 00:35:40 - Scaling the Team After Product Market Fit 00:37:03 - Building a Brand Around a Fundamental Insight 00:39:03 - Conclusion and Q&A Session
@user-fn9os7gp4w
@user-fn9os7gp4w Жыл бұрын
This session is on repeat. David is a genius. A great business man.
@AcharyaChanakya108
@AcharyaChanakya108 3 жыл бұрын
This is a brilliant talk! Cleared up so many things for me. Thank you David & YC!
@Theddyfield
@Theddyfield 3 жыл бұрын
Awesome! The phrase i loved the most was " Minimum Remarkable Product".
@vincentbayliss151
@vincentbayliss151 2 жыл бұрын
This is gold! I have been over cooking my products and not focusing properly on the process. Great advice that I'll align too.
@antonycarles1499
@antonycarles1499 3 жыл бұрын
it's good that David repeat the questions from audience, i hardly can't hear their questions
@SoufianeDouimia
@SoufianeDouimia 4 жыл бұрын
Now I understand why most people aren't successful, only 100k views . This KZfaq channel is better than Harvard
@Andrew-es6yt
@Andrew-es6yt 3 жыл бұрын
1 hour of water
@lsdimontenegro5705
@lsdimontenegro5705 3 жыл бұрын
What a smart and humble guy. Much admiration.
@herval
@herval 2 жыл бұрын
This is probably the best video in the entire YC library!
@GarageToolCarWrapCRM
@GarageToolCarWrapCRM 3 жыл бұрын
Most talks about product market fix is vague. Love how detailed this is.
@victorsuarez3
@victorsuarez3 2 жыл бұрын
One of the best YC talks ever. So many lessons.
@datacenteredleadership9400
@datacenteredleadership9400 3 жыл бұрын
Product market fit is key, even if it’s one simple function that works better than anything else out there. Continuously iterate, building and engaging in unbiased user testing. When there is product market fit, growth will be positive and rapid without any ad spending required.
@zeljkapotoku275
@zeljkapotoku275 4 ай бұрын
David Rusenko is so great person, giving this great and informative video. Thank you!
@freemanjiang
@freemanjiang 2 жыл бұрын
The fact that this is free is insane
@derduskenga
@derduskenga 2 жыл бұрын
First time to understand the difference between market fit and product market fit. Thank you very much.
@punnyabrata
@punnyabrata 8 ай бұрын
That moment when in front of 1000 people you can name and shame the dude who wrote you off in front of a 1000 people and you do that so nonchalantly and casually that you do not even acknowledge the dude's worth. Pure savage! That is success 🏆🏅👑.
@aaronbirook4367
@aaronbirook4367 Жыл бұрын
This is the best video on YCs KZfaq channel. But y’all not paying attention.
@gustafklimt
@gustafklimt 6 жыл бұрын
best talk so far. Very informative.
@TheRedBallz
@TheRedBallz 6 жыл бұрын
Sam Altman's "How to succeed with a Startup" is also incredibly good
@novaria
@novaria 3 жыл бұрын
This contains not just one but several actually useful thoughts . Go watch till the end, you won't regret it.
@El_Diablo_12
@El_Diablo_12 2 жыл бұрын
One of the most valuable videos on KZfaq right here.
@michaeltucker7608
@michaeltucker7608 5 ай бұрын
He nailed every single part of this. Very impressive.
@DiamondOkoh
@DiamondOkoh 5 жыл бұрын
Learnt so much from this video. So much lesson to learn and I am actually through this phase. This is what value looks like
@gurkaransingh449
@gurkaransingh449 3 жыл бұрын
i literally just fall in love with this guy's thought process, so freakin relatable!
@goodbyetube9545
@goodbyetube9545 5 жыл бұрын
Really enjoying listening to this talk. Best.
@buchbakhsh
@buchbakhsh Жыл бұрын
35:10 "Listen to the problems but don't ignore their solutions!" Don't ignore! Listen to their solutions to better understand their problem.
@reconf1gur3d63
@reconf1gur3d63 2 жыл бұрын
R.I.P David. Gone way before your time.
@camillorohe6996
@camillorohe6996 2 жыл бұрын
He points out the importance of Product Market Fit very well. What I dislike is he seems to present people a recipe how to get there, meaning he has found the truth to the problem of Product Market fit. It is way more nuanced & complicated than to simply score high on NPS. Michael Seibel's way of cleaning up the misconceptions people have on founding a company is much more of a guidance, at least for me. Nonetheless great insights by Rusenko (to keep it short).
@dominicheng3237
@dominicheng3237 4 жыл бұрын
This is so helpful and intense. Full run of the video is more 3-4 hours since this is condensed into 1 as David speaks real fast (common trait of the VC/entrepreneurs)
@mailmekowshik
@mailmekowshik 3 жыл бұрын
The most informative video i have come across, thank you so much!
@mirzapahlevi4182
@mirzapahlevi4182 3 жыл бұрын
this is great and very helpful for start up and existing companies which needs pivoting because of decliing sales
@neves69
@neves69 3 жыл бұрын
THIS IS ABSOLUTE GOLD
@bolimov
@bolimov 8 ай бұрын
Thanks for putting these great contents on your channel. It feels like in an accelerator.
@hussamalshamaily5441
@hussamalshamaily5441 6 жыл бұрын
Such an insightful talk by David Rusenko. Thank you so much.
@bahtiyaruzumcuoglu4744
@bahtiyaruzumcuoglu4744 3 жыл бұрын
What is the idea of Weebly ? Website creation ? Hosting ? That idea existed ever since internet was existed. There were dozens of website creation platforms even back in 1999s. Weebly just took the same idea and modernized it with refreshed design. It was a matter of accessing the capital and only a few people has that privilege in the whole world.
@GerrieDiaz3
@GerrieDiaz3 6 жыл бұрын
for the producers, please keep the focus on the slides for a bit longer. he had a decent amount of text on his slides and i had to continuously pause (disrupt flow) the video in order to read what he wrote.
@ycombinator
@ycombinator 6 жыл бұрын
Ok. Thanks!
@darianedwards6748
@darianedwards6748 5 жыл бұрын
I actually found this useful. We most of the talks when this is the case I like to pause and take notes.
@siBidjie
@siBidjie 5 жыл бұрын
btw, you can find the slide in the description. just open the slide and listen to his talk sir :)
@GerrieDiaz3
@GerrieDiaz3 5 жыл бұрын
@@siBidjie Ah I didn't realize - thank you! I wish they did that for all presentations...
@iliachigogidze6550
@iliachigogidze6550 5 жыл бұрын
I'm really curious what they (Weebly) were doing wrong and how they changed that things to achieve product market fit
@BladeofLight1996
@BladeofLight1996 5 жыл бұрын
My new answer for "Who's your favorite entrepreneur?": David Rusenko
@naveenrs7460
@naveenrs7460 2 жыл бұрын
I love your explanation and simple slides with awesome data sir! Thank you for very useful speech!
@justindonovan781
@justindonovan781 5 жыл бұрын
Very thorough lecture. Really impressed
@PraveenKumar-ih9rj
@PraveenKumar-ih9rj 3 жыл бұрын
Simply insightful. Thanks for making this public.
@pavloivanchyshyn8820
@pavloivanchyshyn8820 6 жыл бұрын
Very interesting and useful presentation!
@acche-rc
@acche-rc 6 жыл бұрын
I wish I can like this video more than once like on Medium
@niinoi1214
@niinoi1214 3 жыл бұрын
Very insightful video. This is definitely worth transcribing.
@oliverweldner8704
@oliverweldner8704 6 жыл бұрын
I would be interested in how to acquiring customers. This is the ultimate challenge. You can have the best and the worst product but you need customers to develop it into something valuable!
@HanisaMohamed
@HanisaMohamed 5 жыл бұрын
You recruit them manually as paul graham has said
@yaronbbb
@yaronbbb 4 жыл бұрын
One of the best product fit session out there!
@HardyCozen
@HardyCozen 5 жыл бұрын
What a bright young man.
@jacob_mp
@jacob_mp 3 жыл бұрын
This presentation is wonderful, very useful.
@natashasamuel9346
@natashasamuel9346 Жыл бұрын
Great Business advice. Keep up the good work. Thank You, Natasha Samuel
@robertuy5485
@robertuy5485 3 жыл бұрын
Very informative video. Thank you for the presentation easy to understand.
@sagarburde7631
@sagarburde7631 2 жыл бұрын
This was awesome. Thank-you David
@SineadWalshMansfield
@SineadWalshMansfield 4 жыл бұрын
Thank you for your insight. Such clarity in a nutshell. You are genial !!
@photographybya7602
@photographybya7602 3 жыл бұрын
Engaging speaker, tons of great info.
@ashutoshchauhan8365
@ashutoshchauhan8365 2 жыл бұрын
Thank your so much David and y combinator for this knowledge
@mosialive
@mosialive 2 жыл бұрын
This was a great talk. I enjoyed it. Thanks YC!
@user-pn4iz7ns1v
@user-pn4iz7ns1v 8 ай бұрын
Brilliant talk, brilliant speaker!
@cindy.belardo
@cindy.belardo 3 жыл бұрын
Thank you for the super helpful insights!
@vincentmayaki
@vincentmayaki Жыл бұрын
I really enjoyed this talk, really well done, thanks!
@peterbloomingdale
@peterbloomingdale 2 жыл бұрын
Phenomenal! Super informative and straight to the point!
@ahsanmohammed1
@ahsanmohammed1 Жыл бұрын
9:00 What caused the product market fit to catch?
@ravipatel58
@ravipatel58 5 жыл бұрын
Really great insights. Any idea if y combinator has market fit video for b2b startups?
@prabhakarmishra2182
@prabhakarmishra2182 2 жыл бұрын
I liked the idea of Minimum Remarkable Product in place of Minimum Viable Product
@selenale7748
@selenale7748 3 жыл бұрын
thank YC & David, it is very helpful
@richardjerome78
@richardjerome78 3 жыл бұрын
Best video I’ve seen on the topic.
@henrikcarmel1
@henrikcarmel1 4 жыл бұрын
This was very hands-on and helpfull
@SnoopyDoofie
@SnoopyDoofie 5 жыл бұрын
After October 2007, his product took off, yet he fails to explain why. Between August 2007 and October 2007 what did he do? That was the most critical part of the video. How on earth could you not mention anything about that?
@chrismathews2985
@chrismathews2985 5 жыл бұрын
Seriously I was hoping someone would ask it during Q&A :(
@stretfordender321
@stretfordender321 4 жыл бұрын
He didn't necessarily do anything different. It might just have been a case that people finally started using the product on a consistent basis and through the network effect (people telling their friends/colleagues etc.) it finally caught fire
@SunnyFly100
@SunnyFly100 4 жыл бұрын
What happened? Market demand happened - that’s it. His product fit demand of businesses to create web sites quickly
@firuBR
@firuBR 4 жыл бұрын
I was the whole time thinking "ok so when will he tell us what it is he did to achieve product matket fit". Well, great talk either way.
@DesignLead
@DesignLead 5 жыл бұрын
Cool! Thanks for the great info...
@benediktwildoer8384
@benediktwildoer8384 3 жыл бұрын
great talk. Thank you for sharing this
@mobande3258
@mobande3258 3 жыл бұрын
For rapid prototyping help I'd recommend Pretotyping techniques like Albert Savoia suggests
@nickjerrat
@nickjerrat 4 жыл бұрын
This was awesome. Thank-you David.
@seobuddy
@seobuddy 4 жыл бұрын
Thank you David! So much value in this lecture.
@antonioalejandrogonzalezca8691
@antonioalejandrogonzalezca8691 6 жыл бұрын
Amazing insights
@svitlanatrofymenko1208
@svitlanatrofymenko1208 3 жыл бұрын
Sure useful and interesting!! Thank you!
@IgorIvanchenkoChinese
@IgorIvanchenkoChinese 3 жыл бұрын
great speaker with great experience!
@victorsun5622
@victorsun5622 4 жыл бұрын
how and where can i find my CTO for a startup company CEO/founder ? and may shares do i need give my CTO ??
@kevinkang4427
@kevinkang4427 3 жыл бұрын
Love the terse examples and stories throughout the video.
@eqmusicgroup3375
@eqmusicgroup3375 2 жыл бұрын
Iolite
@pcodes
@pcodes Жыл бұрын
He wrote the first line of code in February 2006 not 2016.
@mpk08540
@mpk08540 3 жыл бұрын
Best YC talk!
@SoftwareAndTechnology
@SoftwareAndTechnology 4 жыл бұрын
You are awesome. Thanks for the insight.
@gatosgarage2179
@gatosgarage2179 3 жыл бұрын
hi,he hasn't talked about any a advertisement ,im supposing the growth its word of mouth/organic???thanks, i love all the videos!!
@Nova-Rift
@Nova-Rift 2 жыл бұрын
If I could only watch one video before starting a company, this would be that video.
@ameyapatil1139
@ameyapatil1139 5 жыл бұрын
Fantastic information ! Thank you
@toeskneechestnut
@toeskneechestnut 4 жыл бұрын
Great talk, really learn a lot
@ethandowie3907
@ethandowie3907 3 жыл бұрын
So much insight in one video
@nikovelikov
@nikovelikov 2 жыл бұрын
monetization is much an easier problem than product to market fit
@einsteindonascimentojunior440
@einsteindonascimentojunior440 3 жыл бұрын
What a great lecture!
@akhilsankar
@akhilsankar 2 жыл бұрын
David is fantastic.
@controlledchaos4173
@controlledchaos4173 5 жыл бұрын
wait. @1:54 He said he wrote the first line of code 12 years ago - in 2016 ?
@SnoopyDoofie
@SnoopyDoofie 5 жыл бұрын
Well, the current year is 2028. Must be a glitch in the Matrix.
@yusifya-adzagey6365
@yusifya-adzagey6365 5 жыл бұрын
I think he meant 2006
@omizan
@omizan 3 жыл бұрын
Later in the 2nd slide or so he writes 2006.
@Sraslh
@Sraslh 6 ай бұрын
This one was a great one
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