How to Build a Technical Startup: The Complete Step-by-Step Guide
In this masterclass from Startup Istanbul, Michael Seibel (YCombinator Partner) condenses the entire YCombinator curriculum into just 10 minutes.
From finding the perfect co-founder to creating "FOMO" during fundraising, Michael reveals the exact playbook YC uses to build billion-dollar companies. Whether you are a first-time founder or an experienced entrepreneur, this talk strips away the noise and focuses on the only things that matter: launching fast, growing users, and not running out of money.
In this video, you will learn:
✔️ The Perfect Team: Why you need 50% engineers and "ramen profitability."
✔️ The MVP Rule: Why you must launch within 2 months, no matter what.
✔️ Growth Tactics: How to ensure usage equals sharing (viral growth).
✔️ Fundraising Secrets: How to schedule investor meetings to create a "fear of missing out."
✔️ PR Strategy: Why you should never hire a PR firm early on (and how Michael wasted $150k learning this).
Timestamps:
00:00 The Requirements: Co-founders & Ramen Profitability
00:29 Why No Idea is Required to Start
00:54 Solving Daily Problems (Uber) vs. Yearly Problems (Car Sales)
01:58 The MVP: Why You Must Launch in 2 Months
02:54 Growth: The #1 Metric Investors Care About
03:55 PR Secrets: How to Do It Yourself & Save Money
05:15 Fundraising: The Power of Not Needing Money
06:08 The "FOMO" Strategy: Scheduling Investors in 1 Week
07:55 Operations: How to Extend Your Runway
08:35 Hiring: The "Average Talent" Rule
About the Speaker:
Michael Seibel was a Partner at YCombinator and the former CEO of YC. He was the co-founder and CEO of Justin.tv and Socialcam.
#Startup #YCombinator #MichaelSeibel #Entrepreneurship #Fundraising #MVP #StartupAdvice #BusinessGrowth
