Harj Taggar - Choosing a Startup to Work At

Y Combinator

Y Combinator

4 min, 57 sec

A detailed guide on selecting a startup for employment, focusing on assessing one's fit for startup culture, evaluating the company's success, team, and user engagement.

Summary

  • Assess if working at a startup aligns with your personal and professional goals, considering the trade-offs like lower pay and more work.
  • Evaluate the startup's success by looking at growth metrics rather than current status, with an emphasis on user numbers and revenue growth.
  • Consider the startup's team, especially the founders, based on their achievements and potential rather than traditional credentials.
  • Look for a passionate user base regardless of size; deep user engagement with the product is a positive indicator of the startup's potential.

Chapter 1

Introduction to Startup Culture

0:00 - 44 sec

Harj, a Y Combinator partner, introduces the considerations for working at startups and discusses Paul Buccheit's perspective on choosing between startups and stable companies.

Harj, a Y Combinator partner, introduces the considerations for working at startups and discusses Paul Buccheit's perspective on choosing between startups and stable companies.

  • Understand that working at a startup is unique and not for everyone; it often means less pay and more work.
  • Consider personal contentment and desire for change before deciding to work at a startup.
  • Paul Buccheit advises against moving to a startup if the trade-offs of lower pay and longer hours are unappealing.

Chapter 2

Evaluating a Startup's Success Potential

0:44 - 3 min, 57 sec

Harj explains how to assess a startup's potential success by considering its growth trajectory, user engagement, and the depth of passion users have for the product.

Harj explains how to assess a startup's potential success by considering its growth trajectory, user engagement, and the depth of passion users have for the product.

  • Look for signs that the startup is already on a path to success, such as increasing user numbers and revenue growth.
  • Focus on the growth trajectory rather than the absolute numbers to gauge potential success.
  • Identify startups where users are deeply passionate about the product, even if it's a small group.

Chapter 3

The Importance of Team and Founders

2:28 - 1 min, 7 sec

The importance of being impressed by the startup's founders and team is emphasized, valuing their achievements over traditional credentials.

The importance of being impressed by the startup's founders and team is emphasized, valuing their achievements over traditional credentials.

  • Evaluate the founders and the team they have built; be impressed by their achievements and potential.
  • Look for founders with unconventional backgrounds who have demonstrated exceptional achievement compared to peers.
  • Evaluate founders based on their relative success and the unique traits that make them likely to build an extraordinary company.

Chapter 4

Market Size and User Love

3:38 - 1 min, 5 sec

Harj advises against evaluating the size of the market a startup is in and instead suggests looking for a passionate core user base as a sign of a promising startup.

Harj advises against evaluating the size of the market a startup is in and instead suggests looking for a passionate core user base as a sign of a promising startup.

  • Avoid trying to evaluate the size of the market the startup is in; many investors miss out on great opportunities with this approach.
  • Seek startups with a core group of early users who are fanatical about the product, like Airbnb had in its early days.
  • Talking to users and gauging their love for the product can be a strong indicator of a startup's potential.

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