Investing in Startups & Coding Education: Insights from Ali Partovi | Investor School Day 3
This article is a summary of a YouTube video "Ali Partovi - Startup Investor School Day 3" by Y Combinator
TLDR Investing in startups and coding education can be a valuable opportunity, but it requires quick learning, action, and the right people.
Timestamped Summary
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00:00
Ali and his brother are working to make coding accessible to more Americans as they believe it is a privilege not available to most.
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01:37
Hire great people - the most important lesson learned from being a startup founder and investor.
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08:00
Invest in big ideas with brilliant founders, even if they seem bad.
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15:02
Joining a startup requires quick learning, action, and hiring the right people, as seen in my career change after meeting a supportive VC.
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18:18
Angel investing is better with a partner to keep you honest and double check, quick decision-making is important but due diligence is necessary.
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23:14
Evaluating and investing in young engineers is crucial for success in startups, as demonstrated by the speaker's successful investments in various companies.
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28:03
Investing in early-stage companies can be challenging, but having multiple investors with different values can create opportunities for angels to make money and incent more innovation.
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32:58
Investing in early-stage employee stock options can be a valuable opportunity, but requires experience and knowledge.