Comments by "Martinit0" (@Martinit0) on "Y Combinator" channel.

  1. "vertically" means that you try to in-source (manufacture yourself) what typical companies would buy from suppliers and maybe also go upmarket and take over distribution. Example: Tesla who now build their own seats (very untypical) and operate their own stores (no channel distribution). Not a monopoly yet though.
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  2. Learning is nothing without doing
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  3. Hmm, but have you heard that 90% of startups fail? Maybe better to sit down and think before you drop $100k to open a new restaurant.
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  4. But this this really happen in that way? Would a VC let the founder exit while raising the round? This would make the founder no longer incentivized to stay. In principle this would only be reasonable if the VC wanted to bring in a new CEO replacing the founder.
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  5. I asked a law firm to write me an EULA - they declined my business since they were too busy. Probably dodged a bullet.
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  6. try to look at it in frequency space
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  7. "The less is available to the public" -> Not necessarily, because everybody can invest in the public companies. Only private ones are indeed closed.
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  8. Lane, you have to distinguish to whom the statements were made: Amazon and Google claiming they are not monopolies were statements to the government in the context of hearings. PLTR statements were directed at prospective customers and investors. Of course if you want to attract investors, you claim a monopoly. If you want to convince a customer you tell them they have no alternative other than to build themselves (which in case of PLTR is actually true).
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  9. It depends on the amount of money they put up. If it was Elon Musk fronting $100M then maybe 1% is fair. If it's Joe Schmoe putting in $100k then def not.
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  10. https://www.youtube.com/channel/UCWN3xxRkmTPmbKwht9FuE5A
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  11.  @juliuspreloznik7236  Or basically, don't build a SaaS if you don't have distribution. Building is the easy part.
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  12. ..except in biotech
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  13. Well the key ingredient is the 10x improvement of a key metric that is relevant to the customer. Only then you get to take over the market from the movers before you. Framing it as "last mover" is probably a bit misleading here. The point is to be the player that comes with the 10x improvement and then dominates the market once and for all.
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  14. That's good. Less competition ;-)
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  15. Ha ha, my founding advisor said something similar. The business plan basically ensures that you have sat down and thought deeply enough about your venture and covered at least the most obvious bases.
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