Should you do a startup?
Should you take venture capital?
What does it actually mean to take VC?
This talk is my story of co-founding a venture-backed startup. I'll walk you through three years of lessons learned.
1:35 - What is this talk?
2:05 - Should you do a startup?
3:05 - Startups vs Entrepreneurship
10:00 - What is platform risk?
12:55 - Picking a name for your company
19:05 - Don't create a problem in search of a solution
21:00 - Pick the smallest possible problem
21:20 - Decide on your financing strategy
21:50 - Sell things for more than it costs to make them
22:05 - Hybrid financing models
23:09 - Getting press
24:09 - The real purpose of crowd-funding
24:50 - Implications of taking VC
28:23 - What VCs actually care about
29:00 - The trap of fundraising
31:14 - Raising a round isn't a finish line
33:40 - Mental health issues for founders
34:23 - What you'll sacrific
38:13 - Courage vs Fear
38:55 - Commit to progress