Good talk by Jessica Livingston of Y-Combinator at the Female Founders Conference.
Part 1, an announcement from Jessica:
I want to start off today with some personal news. After working on Y Combinator for 11 years, Im going on sabbatical for the next year. I want to focus on some projects and, to be honest, Im a little tired. YC is one of my favorite things in the world, but its also all-consuming, and its hard to work on something all-consuming for 11 years without a break. I also want to spend more time with my sons. Theyre 7 and 4 now, and I wont be able to get these years back.
Part 2, her keys on how not to fail, including:
- Make something people want.
- Stay focused.
- Dont worry about being a woman.
- Measure your growth.
- Know if youre default alive.
- Keep expenses low.
- Fundraising gets harder.
- Unicorns