WhoBuilt

Kat Manalac's Whale AMA

Mar 16, 2017· 7 min· 3.7K views·Watch on YouTube

Speaker

Kat Manalac of Y Combinator discusses startup founders, the YC network, and lessons from evaluating companies in a rapid-fire AMA.

Founders and a book she recommends

Manalac names several female-founded companies, including Simple Habit, a meditation app, Flex, which makes a tampon alternative, and Vote.org, which aims to increase voter turnout. She also recommends Homegoing, a novel that follows generations descended from two half-sisters born in Africa.

The YC network and user feedback

Manalac says the YC network stands out for how readily alumni offer advice and connections through Bookface, the internal founder forum. Her advice to founders is to put products in front of real users, ideally paying customers, and observe how they use them before spending too long polishing.

Evaluating a company's potential

When reviewing applications, Manalac imagines what the world might look like if hundreds of thousands or millions of people used a product. She uses that future view to consider how an early version could develop over the next decade. She also mentions Australian-founded YC companies Proxy, which offers phone-based office access, and Go1, a marketplace for employee training and compliance content.

Choosing co-founders

Manalac says a poor co-founder relationship can be worse for a company than going solo, and that disputes can kill promising startups. YC looks at how founders know one another and whether they have built or worked together before. Since disagreements are inevitable, founders should understand how they handle conflict as a team.

Takeaways

  • Talk to users early and watch them use the product; paying customers can provide especially useful feedback.
  • When assessing an idea, picture the world at scale and how the product might evolve from its first version.
  • Choose co-founders with a working history and learn how you handle disagreements together.
  • Build relationships with peers and alumni who can offer practical help and connections.

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