Michael Seibel
Showing 61–65 of 65 transcripts.
- Y Combinator9 min
Why Does Your Company Deserve More Money? by Michael Seibel
Founders who have exhausted early-stage capital without achieving product-market fit are advised to cut burn and pursue break-even revenue rather than seeking additional investment, a strategy validated by the speaker's personal experience at Justin.TV. This shift from appeasing investors to focusing on user needs generates the leverage required to navigate Series A funding, where tangible financial performance and existing traction effectively replace concept-heavy pitches. Companies that enter later fundraising stages with independent revenue and market validation secure a distinct advantage by demonstrating quiet strength through data rather than elaborate narratives.
- Y Combinator59 min
Michael Seibel - Building Product
Michael Seibel analyzes the survival of Justin.TV and Twitch while outlining a rigorous framework for startup success centered on narrow problem definition and extreme cost control. He advocates for a disciplined two-week development cycle where founders prioritize "desperate" users, reject friend-based feedback, and enforce event-based analytics to measure a single primary metric. The approach emphasizes iterating rapidly on a specific solution for a well-defined customer base rather than attempting to solve mega-problems or pivoting prematurely.
- Y Combinator28 min
Michael Seibel - Startup Investor School Day 2
Outgoing Y Combinator CEO Michael Seibel shares investment lessons from his 4.5-year angel career, highlighting that 50 checks resulted in 12 post-Series A companies and a billion-dollar exit despite his dual role as a YC partner. He advises investors to write larger checks with speed and minimal friction while avoiding the hype trap of Demo Day in favor of evaluating cap tables and founder potential. The session concludes by defining top-tier investors by their willingness to act quickly and noting that luck plays a significant role in success.
- Y Combinator2h 41m
Startup Investor School Day 2 Live Stream
Jeff, Dalton Caldwell, Ben, Matt, Paul Buchheit, Michael Seibel
The Startup Investor School brings together prominent figures like Jeff, Dalton Caldwell, and Paul Buchheit to distill a contrarian investment philosophy that prioritizes conviction, speed, and founder quality over market size or consensus. Through case studies of exits ranging from Airbnb to Meraki, the event establishes rigorous frameworks for avoiding herd mentality and executing decisive capital allocation with meaningful check sizes. Attendees receive actionable guidance on navigating modern challenges like ICOs while building long-term networks to support high-growth, deep-tech ventures over a ten-year horizon.
- Y Combinator34 min
How Should Business Schools Prepare Students for Startups? – Jeff Bussgang and Michael Seibel
Jeff Bussgang, Michael Seibel, Craig Cannon
YC CEO Michael Seibel and HBS lecturer Jeff Busgang debate the persistent gaps between MBA education and startup execution, identifying technical deficits, lack of commitment, and excessive research as primary reasons for high rejection rates. While Business Schools like Harvard are adapting through physical integration with engineering departments and new joint degrees, the traditional curriculum often fails to instill the immediate traction and hands-on coding skills required by venture capitalists. Ultimately, Seibel advises non-technical founders outside top hubs to prioritize working at early-stage startups over pursuing an MBA, citing real-world experience as superior preparation for building transformational ventures.