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Michael Seibel @mwseibel
, 3 tweets, 1 min read Read on Twitter
I started part time at YC over 5 years ago and have now seen about 1000 YC companies. The thing that never ceases to amaze me is the success that comes from the companies that figure out how to stay lean and stay alive over the course of years.
What disappoints me more than anything are the companies that think burn = progress and then flame out in 1.5-2 years.
I don’t think investors help companies by telling them to ramp burn pre-product market fit. I often think there would be more successful startups if the startup community (founders and investors) was willing to be more patient.
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When I talk to founders often I am very very direct and that can come off as inconsiderate. This is not my intention...
When I first came out to the valley I asked a lot of people for advice on how to make my startup great. What I got was a lot of luke warm, overly nice, and not very useful guidance. (YC was the exception)
I think the reason why was that I often asked investors for advice and they have mixed motivations. They never want to burn a bridge that can prevent them for getting access to a good investment...
Read 10 tweets
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The cheat codes for raising angel funding...
1) Have a technical co-founder
2) Build an MVP before you make a deck
Read 6 tweets
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Investors in YC companies please remember. When you make extremely non-standard complicated requests, waste founder time, don’t follow handshake deals, take forever to wire money, or otherwise screw around with a YC company during fundraising the following happens:
1) YC Partners are told immediately (we have a WhatsApp group with every single company)
2) It’s written up in the YC investor database for future YC founders to read
Read 8 tweets

Related threads

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Hello to all my #Exvangelical fam and followers! Welcome to my new followers, I feel like I've been jumping a bit these past few weeks. I'm so genuinely delighted you're here. I mostly say a lot about evangelicalism and once a week I do a REALLY long thread about James Dobson.
It is time for that thread! In our emotional weather report, everything remains terrible, and I feel like I am actively going to die waiting for election day but there's not much we can do but press on. This thread will tie into some of those thoughts (legit by accident).
Usual warning! I go on relatively deep dives in here and it can bring up a lot of religious trauma for people. You are not required to do this, now or ever. Things are very hard right now and we need you to take care of yourself. If that means not reading this thread, that's okay
Read 138 tweets
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The Lawfare blog has come out in defense of the FISA warrants. What to Make of the Carter Page FISA Applications lawfareblog.com/what-make-cart… It’s pretty weak tea.
It begins by reviewing the history leading up to the release of the applications, verifications and warrants, including the Nunes and Dem memos. It goes without saying that they defend the Democrat version since they are leftists themselves.
But then he begins his argument by discussing the footnote revealing Steele’s bias.
Read 19 tweets
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I keep thinking back to a discussion a few months on reddit about THE BELGARIAD. Several comments were made about it being cliche and pedestrian, and someone said, “Yeah, it’s a fine story, but it’s never going to be a classic.”
And all I could think to respond was, “It’s over thirty years later and we’re still talking about it. How is that NOT ‘a classic’?
But that got me thinking- I cite THE BELGARIAD (and THE MALLOREON, its sequel series) as one of my influential works. But what is that influence? I know I’ve read the whole series several times. My copies of the books are in terrible shape.
Read 1054 tweets
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1 like = one thing I think about #mentalhealth that I will probably will never get commissioned to write about.
Things I'll not get asked to write about 1: The things that people use their #mentalhealth medication for apart from the reasons they were originally prescribed it and what cool 'off-script' uses people have found
Things I'll not get asked to write about 2: Whether rigid CBT for #mentalhealth can deal with the reality of class and other structural inequality
Read 138 tweets
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Argentina have put themselves in a position where it's impossible to compete. I have no doubt that 20 or 30 years ago, people would have seen their 2011-2016 period differently. Three finals and they didn't lose a single game in regulation time in four major tournaments
In the 2011 Copa América, they lost on penalties against Uruguay. In the 2014 World Cup, they lost to Germany in extra time. Then they lost two Copa América finals against Chile on penalties. Argentina never had that moment of luck all champions need
In fact, you can argue that Argentina had bad luck in general. It's not normal to lose 2 out of 2 penalty shootouts in finals. Or the fact that Di María got injured in the last two finals and also in the game against Belgium in the World. Once, ok, but three times!?
Read 16 tweets
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Are you one of those people who's looked back on 2017 and convinced yourself that you haven't achieved anything? Worried about catching up with your mates who seem to have done much better?

Let me tell you a story about #time.

A thread 👇
A long #time ago, back when I was about twelve or thirteen years old, my parents travelled to Uyo.

Before leaving, my mother asked me to prepare Edikang ikong soup so she and my father would eat when they returned.
When I was finished with the soup, it was supposed to look something like this:

*photo credit: waiter foodies.
Read 32 tweets

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