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Business 101 doesn't apply to Rapid Startup Knowledge 101. Rapid Startup Knowledge only involves things like LTV, CPM, MAU, DAU, DAU/MAU, and (monthly employee
by seiji 11y ago
Business 101 doesn't apply to Rapid Startup Knowledge 101.
Rapid Startup Knowledge only involves things like LTV, CPM, MAU, DAU, DAU/MAU, and (monthly employee cost / corporate bank balance).
After all, the entire YC thesis is: take technical, non-business people and convince VCs they can run companies. It's okay if the actual business knowledge is just smoke and mirrors for a few years until you hire someone to understand it for you or you study enough on your own to be less of a "business outsider/imposter."