Channel: Y Combinator

Category: Science & Technology

Tags: yt:cc=ony combinatoryc

Description: Step inside the Group Partner Lounge to hear Y Combinator Group Partners Harj Taggar, Michael Seibel and Brad Flora discuss the traps founders often fall into when looking at the competition. They identify the particular types of companies you should watch out for and many more you are wasting your time worrying about. Apply to Y Combinator: ycombinator.com/apply Work at a startup: ycombinator.com/jobs Chapters (Powered by bit.ly/chapterme-yc) - 00:00 - Competitors 00:51 - Fear of the Competition 01:42 - Lies Founders Tell Themselves 02:32 - Most Common Outcomes 03:28 - Perception vs Reality 06:57 - Copycats - Twitch 08:15 - Back to Basics 08:50 - Real Competitive Concerns 09:40 - A Better Product - Socialcam 10:14 - Structural Advantages - Kiko and Perfect Audience 11:20 - "Good Enough" example - Microsoft Teams and Slack 12:30 - FAANG Fails 13:40 - Instacart vs Amazon 14:16 - Cruise vs Google 15:00 - Build a Better Product #ycombinator #startups #competition #bigtech