3 ms·
The point isn't to try and do everything right off the bat, but rather to find a the right size bit of the "capital intensive" problem for a startup to bite off
by argumentum 13y ago
The point isn't to try and do everything right off the bat, but rather to find a the right size bit of the "capital intensive" problem for a startup to bite off and chew.
From Sam's article:
> We think the YC model works well for these companies. We invest with infinite time horizon and are not afraid of risky-looking companies. ... And our model helps companies figure out a right-sized initial project achievable with a small amount of time and money—great companies get built with a series of small wins that compound over time, and early momentum is critical. A common failure mode of many ambitious companies is to bite off an initial project that is far too big and expensive.
Boosted Boards is exactly such a company.