YC Rookie Mistakes: Fundraising [video]
I really debated posting this, but am doing so on the off chance that someone is going through tough times running their business and may find this useful.<p>This is a video by Y Combinator investors made for Y Combinator startups.<p>Let me speak in generics for a second: A generic YC startup and a generic non-YC startup are perceived very differently by a generic seed-stage investor.<p>This makes it easier for YC startups to raise that seed round (never easy, just eas<i>ier</i>). This in turn makes it easier for them to act on this advice - don&#x27;t raise if you&#x27;re desperate, focus on speaking with your customers, blah blah blah blah blah.<p>There are realities in which this advice should be disregarded. If you are running a startup, chances are that your reality is one of them. These kinds of videos are largely devoid of any real value to you or your company. Watch them, but don&#x27;t give them power over you.<p>In general, one thing I&#x27;ve learned from growing my business for the last 2.5 years is to always apply a discount to advice, especially advice from people not directly involved in your endeavors.<p>Even from me. :)