second-time founder

also referred to as: second time founder · second time founders · second-time founders

7 statements across 1 episodes · 2 bullish · 3 bearish · 3 people on the record · first statement Sep 15, 2022 by Michael Seibel · across every show →

Everything said about second-time founder, oldest first

Sep 15, 2022 neutral
Insight
Seibel: Second-time founders face equal lows but muted emotional highs
“You know, one of the things we've been saying is like the lows are just as low, but the highs aren't as high.”
Michael Seibel Sep 15, 2022 ▶ 5:51 Advantages Of A First-Time Founder · Y Combinator
Sep 15, 2022 positive
Insight
Taggar: Second-time founders have an edge in capital-intensive businesses
“Another very specific type of startup that seems to be suited to second time founders are capital intensive businesses. And by that I mean, you know, any startup where like more money raised or just more money is a strategic advantage. Second time founders who…”
Harj Taggar Sep 15, 2022 ▶ 14:04 Advantages Of A First-Time Founder · Y Combinator
Sep 15, 2022 negative
Insight
Taggar: Second-Time Founders Risk Becoming Lazy at Product and Sales
“Whereas a first time founder, the only way you're getting your first few users is having a really great product and being really great at selling it. And I think you can just get a little bit lazy on that front as a second time founder.”
Harj Taggar Sep 15, 2022 ▶ 7:56 Advantages Of A First-Time Founder · Y Combinator
Sep 15, 2022
Insight
Seibel: VCs often fund repeat founders for internal firm politics
“What I've also seen for second time founders is that oftentimes for an investor, it's more of a catch. It like helps you build your reputation in your firm, or it helps you get the deal approved. And like, so oftentimes there's like internal political reasons …”
Michael Seibel Sep 15, 2022 ▶ 9:57 Advantages Of A First-Time Founder · Y Combinator
Sep 15, 2022 negative
Insight
Seibel: Second-time founders default to expert advice over talking to users
“As a second time founder, it's just as hard to talk to your users But it's 10 times easier to talk to experts. So almost by extension, it's like even harder to talk to your users.”
Michael Seibel Sep 15, 2022 ▶ 3:50 Advantages Of A First-Time Founder · Y Combinator
Sep 15, 2022 negative
Insight
Taggar: Easy Early Funding for Repeat Founders Acts Like Taking Out Debt
“I'll say you find that eventually though, it's a little bit like taking out debt, honestly, where it's like maybe early on as a second time founder, like maybe the seed rounds easier, maybe even a series A is easier, but the later, the longer you work in your …”
Harj Taggar Sep 15, 2022 ▶ 10:35 Advantages Of A First-Time Founder · Y Combinator
Sep 15, 2022 positive
Insight
Flora: Financial Independence Lets Second-Time Founders Optimize For Scale From Day One
“Whereas if you have some financial independence, like a lot of second time founders, you can think bigger and actually like play out the implications of the business that you're going after and try to build something that's optimized to get big from day one.”
Brad Flora Sep 15, 2022 ▶ 13:22 Advantages Of A First-Time Founder · Y Combinator
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