Koby Menachemi552 VP
Michael Eisenberg511 VP
Eze Vidra511 VP
Gigi Levy Weiss501 VP
Simon Levene500 VP
Shmueli Ahdut282 VP
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The 'startups for startups' industry has grown tremendously and there are so many tools out there to save you time and money. This is one of the better directories I've seen for startup tools to get you started.
Startup Playbook by Sam Altman of Y Combinator.
Very generic by nature (not all startups are the same), but it will guide you step by step on all phases of how to build a startup in different aspects.
Members of the Kapa are risking their reputation when proposing new items or voting on which items get into the list.
Paul Graham said: "The most common mistake startups make is to solve problems no one has". So how do you find this one problem that people have?
This Stanford lecture is not really about how to find Product Market Fit as you can't simply 'find it', but more about what is the path towards Product Market Fit.
One of the conclusions, as it's a game of trial and error, is to save as much cash as possible to extend your runway, as put in this quote who describes reality as is:
The problem is not about finding the idea, it is more about killing the wrong ones fast and you will probably find something.
Many companies and founders usually skip this important MOU stage. find out 5 reasons why not to.
David Jackson is among the best aggregator of tips for founders of start up companies.
Fred Wilson argues that pivot, although sounds sexy, is not the best option when failing. In cases of hard pivot, where the idea, business and market are different, you need to embrace your failure and start from scratch.
I totally agree with everything he says, but I have to admit that if I had investors then I would feel obligated to 'carry them with me' so they can keep their chances of positive ROI. He addresses this loyalty issue with this:
I have always suspected that entrepreneurs also choose the pivot over some sort of loyalty to their investors. If that is the case, I would like to say that this investor does not want any of that misguided loyalty.
I can also share from my own experience that Kapai started as a totally different idea and it failed. When we 'pivoted', we discussed a lot if we should keep the company or start from scratch. There were many considerations but at the end, we've decided to start from scratch as a new company with a clean cap table, and over time it proved to be the right move as it's much simpler to run the company this way.
A must-read for every first-time CEO and founder!
Even for serial entrepreneurs, it's pure gold to check themselves. Why? it covers almost any aspect of being a successful CEO and how to build and run your business: communications within the team, how to manage your time, defining goals (and achieving them), fundraising, recruiting, sales, and more.
It's a long read (a book after all) but worth your time. Maybe even the best present you can give yourself if you are running a company. And it's free to read.
btw, I think the previous name of the book was better: Founder to CEO
Kapai has a lot more to offer, check out these great Kapas:
Better Communication - a startup's secret weaponCollecting a set of writings which can help startup founders and employees build better businesses. Techniques for how to work better with internal and external stakeholders.
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About this Kapa
- Andrew Chen
- Competitive Advantage
- Fred Wilson
- Investment Terms
- Peter Thiel
- Product Market Fit
- Reid Hoffman
- Sam Altman
- Seed Investment
- Sequoia Capital
- Startup Rules
- Y Combinator