“If you go with this construction, you need three ingredients. First of all, X should be a household name. Second, it should be reasonably clear why Y might want X. And third, Y should be a huge market.”
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 Kat Mignalek
Insight
Mañalac: Founders should pitch 'what' their startup does before 'why'
“So first, we recommend leading with what, not with why.”
Kat MignalekFeb 9, 2023▶ 5:24The Best Way To Launch Your Startup | Startup School · Y Combinator
Insight
Founders Risk Killing Their Startups By Taking Six Months to Launch
“But if you're like most startups, you'll launch something and no one will care. And if it takes you six months to get the first version of your product in front of anyone, Your startup may be dead before you get another chance to launch. So in the same spirit …”
Kat MignalekFeb 9, 2023▶ 0:52The Best Way To Launch Your Startup | Startup School · Y Combinator
Insight
Mañalac: Early unpolished launches test if problems are worth paying for
“Putting your product out there, even in its earliest state, will help you determine whether you're solving a big enough problem that someone is willing to pay for you or use you even in the product's really unpolished state.”
Kat MignalekFeb 9, 2023▶ 1:58The Best Way To Launch Your Startup | Startup School · Y Combinator
Insight
Mañalac: Potential Customers Care About Tangible Benefits Over ML Buzzwords
“If you're showing this to potential customers, I think they'll care less about the fact that the product is ML-driven and more about the fact that it's personalized digital therapy.”
Kat MignalekFeb 9, 2023▶ 9:03The Best Way To Launch Your Startup | Startup School · Y Combinator
Insight
Mañalac: Longer delays onboarding waitlist users makes conversion harder
“The longer you wait to launch an actual product, And the longer you wait to onboard people, the harder it is to convert people from your waitlist.”
Kat MignalekFeb 9, 2023▶ 19:05The Best Way To Launch Your Startup | Startup School · Y Combinator
AssertionNot checkable as stated
Mañalac: US startups raising under $1M struggle to get press
“These days, if you are an early stage company that hasn't raised, you know, say a million or more, it's going to be incredibly hard to land press stories, at least in the US.”
Kat MignalekFeb 9, 2023▶ 19:25The Best Way To Launch Your Startup | Startup School · Y Combinator
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