Y Combinator Startup Playbook


 

Extremely brief notes to self on: http://playbook.samaltman.com/

 

When to build:

 

B2C - iterate based on feedback

B2B - get letters of intent prior to building

 

Monopoly:

 

Build something that gets more powerful with scale and is difficult to copy

 

Market: 

 

Know the market opp today and the market opp in 10 years

Best to be a large part of a small market, at first.

 

Watchwords:

 

Simplicity

Growth

Focus 

Intensity

 

Other Stuff:

 

Build a product improvement engine into your business process

Find the root causes of problems

Invest in becoming a good manager - sustainable effort

Mission + Vision = higher purpose : this must be clear and powerful enough to motivate everyone involved.

Find mentors and peers

The company does what the CEO measures

Lack of momentum = demoralization