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Startup School 2019 Orientation
This is an AI-generated summary of a YouTube video "Startup School 2019 Orientation" by Y Combinator!

The key idea of the video is to encourage entrepreneurs to join Y Combinator's Startup School to improve their skills, connect with a global community of founders, and access specialized resources for all types of startups.

  • πŸš€
    00:00
    Join Y Combinator's Startup School to improve your entrepreneurial skills, connect with a global community of founders, and access specialized resources for all types of startups.
    • Startup School 2019 orientation introduces the team, explains how the program works, and provides a tour of the software, events, and content for the next ten weeks.
    • Get help from your fellow classmates in the Y Combinator startup school forums to build a supportive community.
    • The startup school team aims to help entrepreneurs improve their thinking and communication skills, understand investor perspectives, and revisit first principles to unlock growth opportunities.
    • Join the global community of founders at Y Combinator's start-up school, where you are not alone and can learn from lectures and ideas presented by 28,000 participating founders and 25,000 auditors.
    • Startup School has 21,000 registered startups, with a program designed to work for all, including 11,000 full-time and 8,000 part-time, 5,000 teams, 16,000 single founder companies, and resources for technical and non-technical founders, as well as female founders.
    • Y Combinator's online class for startups focuses on revisiting first principles, storytelling, and matching companies with similar needs, while also supporting community building and offering specialized tracks for various verticals.
  • πŸ’°
    09:49
    Apply for a $15,000 equity-free grant and a chance at $150,000 for YC Corp companies by attending 8 out of 10 weekly updates and group sessions.
    • Submit 8 out of 10 weekly updates and participate in 8 out of 10 group video sessions to show progress and reflection on your startup, with no content restrictions and minimal time commitment.
    • To be eligible for the $15,000 grant, you must attend eight out of ten weekly updates and group sessions, and submit a simple application by September 25th.
    • Apply for the $15,000 equity-free grant and a chance at $150,000 for YC Corp companies, and past participation in Startup School does not affect future possibilities of getting into YC.
    • You can apply for an equity-free grant and/or to participate in IC, but it's optional and doesn't guarantee acceptance into YC.
    • Spend 15 minutes a week writing a concise update about your company, as it will help you communicate effectively in various situations.
    • Weekly group sessions are recommended on Thursdays at 8 p.m. local time, with important deadlines for submitting weekly updates and attending lectures.
  • πŸ“ˆ
    16:45
    Launch quickly, track revenue metrics, and prioritize user feedback.
    • Weekly progress updates are due on Wednesdays by 4 p.m. and should take no longer than 15 minutes, with a focus on honesty and conciseness.
    • Launch doesn't mean a polished product, it should take no more than one or two weeks to get ready, track revenue metrics instead of engagement metrics, and always talk to users.
  • πŸ“
    19:23
    Make sure to update your Y Combinator profile accurately and submit weekly updates by Wednesday at 4 p.m. to participate in group sessions and receive feedback on your progress and pitches.
    • Talking to users before or after launching is crucial to ensure building something people want, and updating your Y Combinator profile accurately affects the matching algorithm for group assignments.
    • Fill out accurate information before the first group matching begins to access the three tabs for group sessions starting on Thursday at 8 p.m. local time.
    • Submit weekly updates by Wednesday at 4 p.m. to participate in group sessions, try to share one video connection if you have multiple co-founders, and keep in mind that the grouping algorithm is run at 4:30 p.m. 30 minutes after the updates are due for the week.
    • In weekly meetings, each company shares their progress, obstacles, and goals, and provides anonymous feedback on other companies' pitches based on clarity, excitement, and team compatibility.
  • πŸš€
    23:48
    Startup School matches single founders with 50-80 startups, offers 20 lectures by YC partners, and hosts events worldwide for practical and tactical discussions.
    • The startup school program matches companies in smaller groups of five to eight based on different characteristics and weekly updates, allowing single founders looking for co-founders to meet with 50 to 80 startups over the course of the program.
    • Startup School has 20 lectures planned by YC partners, which are recorded on Wednesdays and released live to the public, and there are also bonus lectures and workshops on Thursdays at 12 p.m. with a Q&A session following each lecture, and all lectures are 20 minutes or less.
    • Locations and events for start school participants are organized in various cities worldwide, with YC partners and alumni present for Q&A and discussions about practical and tactical information.
  • πŸ“…
    27:19
    Startup School hosts live meetups for accepted participants on Saturdays, and YC has a directory feature for finding companies and co-founders, but spamming the directory will result in a ban.
    • Startup School will be hosting live meetup events in various cities for accepted participants to attend, usually on Saturdays between 5 p.m. and 8 p.m., and will continue to do so if they are popular, but it is not recommended to spend a lot of time or money to attend.
    • YC has created a directory feature that allows users to easily find and filter through companies and potential co-founders based on name, description, vertical, proximity, and group session, but spamming the directory will result in a ban from all YC events.
  • πŸ“š
    29:56
    Utilize the expertise of 28,000 founders in the YC forums and read articles in Start-up School to gain new insights and support for your startup.
    • The co-founder matching and searching system aims to facilitate conversations and exchanges of favors among participants in similar situations, with the possibility of eventually finding a co-founder, but the main goal is to provide support and inspiration during the program.
    • Post helpful content in the forums that benefits the community, search before posting to avoid duplicates, and avoid spamming or scraping in Startup School.
    • Utilize the expertise of the 28,000 founders in the YC forums to get help with technical support and other questions.
    • Read the articles organized by topic and stage of the startup in Start-up School to gain new insights and benefit from the wisdom of PG.
  • πŸ’°
    34:58
    Graduating from Startup School program gives you access to over $30,000 worth of deals and credits from top companies without sharing them with others.
    • Get over $30,000 worth of deals and credits from top companies like AWS, Google, Microsoft, Brax, and Stripe by graduating from the startup school program without sharing the deals with others.
    • Startup School community members should submit their weekly updates by Wednesday, update their profiles and company information, browse through the forums, library, and deals, and participate in the group sessions starting this week.
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Startup School 2019 Orientation
This is an AI-generated summary of a YouTube video "Startup School 2019 Orientation" by Y Combinator!