I began building a web-based version of PowerPoint called Preezo back in the Spring of 2005 after switching the direction of my angel-funded startup for the third time in less than a year. Prior to that I had been working on a web collaboration concept akin to JotSpot , but after awakening to the the potential of AJAX…
(I wrote this for Forbes, who asked me to write something about the qualities we look for in founders. In print they had to cut the last item because they didn't have room.) 1. Determination This has turned out to be the most important quality in startup founders. We thought when we started Y Combinator that the most…
The following is a guest article by Ruben Gamez of Bidsketch . Not too long ago it seemed like every product I knew was offering some sort of free plan. The strategy was brilliant: get loads of people using your product and eventually turn them into paying customers. Everywhere I looked the
Over the years I have spent a lot of time brainstorming startup ideas with people who are (asymptotically) as nerdy as me. For some reasons, every time I brainstorm with a new set of people, the following ideas come up. This suggests that either all nerds think alike, or alternatively, that they are unsolved problems…
December 2010 Someone we funded is talking to VCs now, and asked me how common it was for a startup's founders to retain control of the board after a series A round. He said VCs told him this almost never happened. Ten years ago that was true. In the past, founders rarely kept control of the board through a series A…
Update: StackVM is now called Browserling. Hey everyone, I have awesome news! I am doing a startup together with James Halliday! I met James on FreeNode several years ago and it turned out that we had very similar ideas about doing great hacking. So we teamed up as equal co-founders to do a startup. We're on…
April 2010 The best way to come up with startup ideas is to ask yourself the question: what do you wish someone would make for you? There are two types of startup ideas: those that grow organically out of your own life, and those that you decide, from afar, are going to be necessary to some class of users other than…
By now, everyone is tired of hearing about the iPad, but the negative responses are so perfectly misguided that it would be wrong to waste t...
Over the last 6 months, we have been learning what it means to support a launched product.
October 2010 After barely changing at all for decades, the startup funding business is now in what could, at least by comparison, be called turmoil. At Y Combinator we've seen dramatic changes in the funding environment for startups. Fortunately one of them is much higher valuations. The trends we've been seeing are…
I personally find the people who are in the software startup game just for the money to often be nearly delusional about their chances of success and the likely magnitude of it when it happens. Before I get into the details for founders, let me talk about options-hungry employees. If you are in it for the money and…
August 2010 Two years ago I wrote about what I called " a huge, unexploited opportunity in startup funding:" the growing disconnect between VCs, whose current business model requires them to invest large amounts, and a large class of startups that need less than they used to. Increasingly, startups want a couple…
At $5.2-billion Iridium was one of the largest, boldest and audacious startup bets ever made. Conceived in 1987 by Motorola and spun out in 1990 as a separate company, Iridium planned to build a mo…
Hey guys, here are the lastest StackVM news. So we applied to Y Combinator for the Winter 2011 funding cycle but got rejected. On November 2 we got an email saying that they could not accept our application for funding, which meant that we wouldn't even get the interview. Our plan was to surprise Y Combinator folks…
October 2010 Silicon Valley proper is mostly suburban sprawl. At first glance it doesn't seem there's anything to see. It's not the sort of place that has conspicuous monuments. But if you look, there are subtle signs you're in a place that's different from other places. 1. Stanford University Stanford is a strange…
