4 ms·
"But just because PG won't read your plan doesn't mean your startup shouldn't have/make a plan!" This is true not just for startups and its great advice for li
by nouveaux 5y ago
"But just because PG won't read your plan doesn't mean your startup shouldn't have/make a plan!"
This is true not just for startups and its great advice for life in general. However, I believe YC would actively discourage founders from writing a traditional business plan. They would rather have their startups talk to users and building products.
To put it another way, I think YC would say that you cannot possibly write a realistic business plan without a solid customer base and a good product. Anything else and you're just making things up. By the time you have customers and a good product, you don't need a business plan to raise funding.
* This is what I've gathered from their startup school materials without having raised a dime from YC or talked to any of the partners, so take this with a big dash of salt.