Michael Seibel - Building Product

YC CEO Michael Seibel outlines how successful startups think about building something people want. Startup School is YC's free online program for founders. Sign up to access the full curriculum and over $100k in deals! https://www.startupschool.org/ Chapters (Powered by https://bit.ly/chapterme-yc) - 00:00:00 Introduction 00:00:53 What allowed us to survive? 00:03:50 What problem are you solving? 00:10:11 Who is your customer? 00:18:39 Does your MVP actually solve the problem? 00:21:10 Which customers should you go after first? (the easy ones!) 00:25:46 Should you discount or start with a super low price? (no!) 00:27:58 How to setup metrics 00:32:02 Product Development Cycle (v1) 00:43:44 Pivot vs Iterate 00:46:09 Fake vs Real Steve Jobs 00:48:04 Summary 00:51:06 Q&A