Y Combinator Head Michael Seibel: The ONE Mistake Killing Startups #yc #twitch

Michael Seibel is a group partner at Y Combinator and the managing director of YC's startup accelerator. #ycombinator #yc #startups Looking for more data news? Follow us on Twitter @worldofdaas https://twitter.com/worldofdaas 🌐 The trusted news feed on Data-as-a-Service (DaaS) companies and products 🌐 Michael evaluates 1000s of startups a year and sees hundreds go through YC, which means he has better data on startup success than just about anyone in tech. He's is also the cofounder of Twitch. --------------------------------------------------------- 00:00 Michael Seibel Interview - Y Combinator, Twitch Founder 00:33 What makes YC startups successful 07:52 Dealing with failure 12:12 YC vs venture capital 25:57 MVPs + product market fit 35:01 How to pivot a business 41:22 Equity splits 48:38 Is YC still for outsiders? 53:36 A conspiracy theory that Michael believes 55:46 Michael’s take for common bad advice --------------------------------------------------------- Michael Seibel Links: Twitter: https://twitter.com/mwseibel LinkedIn: https://www.linkedin.com/in/mwseibel/ Website: https://www.michaelseibel.com/ 🎧 Listen to World of DaaS: Spotify: http://bit.ly/3P6BBHL Apple Podcasts: https://apple.co/3sNyjBJ Google Podcasts: https://bit.ly/463P9KY Buzzsprout: https://bit.ly/3LkuGJN Host Auren Hoffman Socials: Twitter: https://twitter.com/auren Substack: https://substack.com/@auren World of DaaS is brought to you by SafeGraph & Flex Capital. SafeGraph: https://safegraph.com Flex Capital: https://flexcapital.com For more episodes, visit https://safegraph.com/podcasts