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How To Deal With Setbacks

Dalton Caldwell and Michael Seibel discuss the best approaches to managing the many setbacks startup founders can face over the lifetime of starting and running a business. Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs Chapters (Powered by https://bit.ly/chapterme-yc) - 00:00 - Introduction 00:26 - Punches that land 01:04 - The setback cycle 02:05 - Fundraising 04:27 - YC - No for now 05:42 - Survivorship bias 06:28 - Co-founders 08:02 - The magical deal 09:15 - After the deal, credits don't roll 11:21 - A bad launch 13:28 - Movie mess us up 15:27 - Getting sued 16:51 - Silver linings 18:44 - You are the example 20:00 - Taking stock 20:50 - Worst case analysis 22:00 - Wrap up

Michael SeibelhostDalton Caldwellhost

May 25, 202222mWatch on YouTube ↗

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EPISODE INFO

Released: May 25, 2022
Duration: 22m
Channel: Y Combinator
Watch on YouTube: ▶ Open ↗

EPISODE DESCRIPTION

Dalton Caldwell and Michael Seibel discuss the best approaches to managing the many setbacks startup founders can face over the lifetime of starting and running a business. Apply to Y Combinator: https://yc.link/DandM-apply Work at a Startup: https://yc.link/DandM-jobs Chapters (Powered by https://bit.ly/chapterme-yc) - 00:00 - Introduction 00:26 - Punches that land 01:04 - The setback cycle 02:05 - Fundraising 04:27 - YC - No for now 05:42 - Survivorship bias 06:28 - Co-founders 08:02 - The magical deal 09:15 - After the deal, credits don't roll 11:21 - A bad launch 13:28 - Movie mess us up 15:27 - Getting sued 16:51 - Silver linings 18:44 - You are the example 20:00 - Taking stock 20:50 - Worst case analysis 22:00 - Wrap up

SPEAKERS

Michael Seibel
host
Y Combinator partner and startup founder who co-hosts YC advice talks.
Dalton Caldwell
host
Y Combinator partner and startup founder who co-hosts YC advice talks.

EPISODE SUMMARY

In this episode of Y Combinator, featuring Michael Seibel and Dalton Caldwell, How To Deal With Setbacks explores setbacks Are the Startup Game: Learn to Take Punches Seibel and Caldwell argue that setbacks are a constant, recurring part of being a founder, like a boxer taking punches, rather than one-off events that happen to unlucky people.

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