How to Start a Startup - Lecture 13 Notes

November 4, 2014

I’m taking down notes for Sam Altman’s class, How to Start a Startup and I figured I’d start sharing them. This is for the thirteenth lecture with the following notes:

How to be a Great Founder

Perception

Team

Location

Delegation

Flexibility

Confident

Internally

Vision or Data

Risk

Vision

How do you know if you are a Great Founder?

Questions

Q. How did you stick with a strategy to get your investment thesis?

Ans.


Q. How do you know if someone is a good founder or not?

Ans.


Q. Density of insight is a strong signal for great founders. Being able to distil a thesis into a concise sentence.

Ans.


Q. What kept you going with persistence (RE: LinkedIn)?

Ans.


Q. When you get a founder that you think is going to be good. What makes you get wrong about someone who looks good at first observation?

Ans.


Q. Co-founding team, how to evaluate how to be co-founders?

Ans.


Q. Different founder, different areas. How do you identify them?

Ans.


Q. How do you know when to stay in longer than expected? Or when do you pivot?

Ans.


Q. How good is the startup eco-system in identifying contrarian opportunities?

Ans.


Q. What you do think about creating markets vs. covering them?

Ans.


Q. When do you know someone long enough to ask someone to be their co-founder?

Ans.