This episode carries Michael Seibel's own address, with nobody on the show putting
questions to them. It still counts as said, and it is kept out of every score on their page.
Michael Seibel, CEO of Y Combinator, explains how YC companies leverage internal alumni network warm leads to gain early B2B traction.
“One of the superpowers that not many people understand about YC is because we have so many companies who've done YC, In effect, you get warm leads to anyone who's ever done YC. So it's a lot easier for YC companies to sell to one another. That's not a surprise you have companies like Stripe or Mixpanel or Brex who are able to, you know, acquire tons of YC companies very early.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Michael Seibel
Disclosure
Michael Seibel: Angels write 10% of checks just to avoid saying no
“Category three that people don't talk about. If they ask me, it will be uncomfortable for me to say no, so I will write them a check. I'll tell you that in my experience, this is up to 10% of the time. I am hoping the founder doesn't ask me for money. Because …”
Michael SeibelOct 5, 2023▶ 18:02How To Perfectly Pitch Your Seed Stage Startup With Y Combinator's Michael Seibel
Insight
Seibel: Hiring a designer for a startup pitch deck is a mistake
“If you need a designer to build a slide deck, you're doing it wrong. And here's an even deeper, more important point. Your designer has no idea what the most interesting and important points of your pitch are. So if you hand them your pitch to design, they wil…”
Michael SeibelOct 5, 2023▶ 25:13How To Perfectly Pitch Your Seed Stage Startup With Y Combinator's Michael Seibel
Insight
An 'A' investor provides capital, signs paperwork, and stays quiet
“An A investor gives you money, signs paperwork when you want them to, and shuts the fuck up. That's an A. There's a lot of room below an A. There's not a lot of room above.”
Michael SeibelMay 8, 2019▶ 8:40A Decade of Learnings from Y Combinator's CEO Michael Seibel
Insight
Michael Seibel: Startups need separate pitch explanations for investors and customers
“You need two different answers to what do you do. One that you give investors, and another one you give customers, and they're different. The words on the front page of your website are for customers. If you're using that for investors, more often than not, yo…”
Michael SeibelOct 5, 2023▶ 5:39How To Perfectly Pitch Your Seed Stage Startup With Y Combinator's Michael Seibel
Insight
Seibel: Pitch descriptions should prioritize 100% clarity over complete accuracy
“Your goal should be 80% accurate, a hundred percent clear, not a hundred percent accurate, 50% clear.”
Michael SeibelOct 5, 2023▶ 6:13How To Perfectly Pitch Your Seed Stage Startup With Y Combinator's Michael Seibel
Insight
Seibel: Investors convince themselves to invest the more they talk
“What most people don't realize about investors is that you're not really convincing an investor to invest. They're convincing themselves to invest. The more they can talk, the more they can talk themselves into giving you money.”
Michael SeibelOct 5, 2023▶ 22:12How To Perfectly Pitch Your Seed Stage Startup With Y Combinator's Michael Seibel
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 400 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.