We pulled together eleven of the most frequently asked questions from Startup School attendees and had YC partners answer them on stage.
Here are the questions:
1. If you know you want to eventually start a startup, when should you do it? Should you wait to become a domain expert or start now? 0:50
2. What’s a good process for discovering and vetting new ideas that might be worth building? 1:48
3. How do you choose between an idea you love but might be tough to monetize and an idea that has great revenue potential? 3:19
4. YC generally recommends having a cofounder. Ooshma Garg of Gobble didn’t have a cofounder. What convinced you about her application? 3:42
5. What are tools or services you’d recommend for founders that are just starting? 6:20
6. What kinds of things do new founders waste time on? 7:37
7. Is it more important to move fast or perfect your product? 9:46
8. For a startup that’s recently launched, what would you consider a good growth rate? 12:40
9. What do you look for when you’re reading a YC application? What do you look for when you’re interviewing companies? 13:44
10. Is there an optimal time in the lifecycle of a company to apply for YC? 18:48
11. Is there anything you wish you’d known when you first started? 20:56