Startup Success Tips from Ben Silbermann at 2012 School

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This article is a summary of a YouTube video "Ben Silbermann at Startup School 2012" by Y Combinator
TLDR The key to success in starting a startup is committing to making a product work, trusting your instincts and users, and building something you love with like-minded people.

Timestamped Summary

  • 🚀
    00:00
    Starting a startup takes time and uncertainty, as shown by Pinterest's slow growth despite launching in 2010.
  • 💡
    04:13
    Pursuing medicine to creating a program for trying on glasses online to working at Google, committing to making a product work was the important step.
  • 📱
    06:08
    : Left job to build Tote app, faced challenges with prototype and investor rejection.
  • 💰
    08:31
    Investors can be difficult, but offering free things can influence them, and leverage in negotiations can be gained through fear or potential success.
  • 💡
    11:07
    Don't blindly follow successful people in venture capital, success comes from convincing others and having the right attitude, and Pinterest's success came from focusing on one special feature.
  • 📌
    13:50
    Pinterest went through multiple iterations before launching, but their successful marketing strategy involved creating a pinboard campaign to find people who share common interests and show them how the service could be helpful to them.
  • 📌
    16:50
    Trust your instincts and users to succeed in your business, regardless of initial misunderstandings or challenges.
  • 📌
    19:57
    Pinterest is a popular network for finding inspiration and connecting with others, while investing in talented individuals and building something you love with like-minded people is key to success.
Play video
This article is a summary of a YouTube video "Ben Silbermann at Startup School 2012" by Y Combinator
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